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American Electric Power AEP Regulatory assets

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$12.7M-88.4%
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$400M+39.3%

Other financials

Income statement

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Revenue$6.0B+10.2%
Gross profit$3.9B+8.1%
Operating income$1.4B+5.9%
Net income$713.0M
EPS (diluted)$1.60+6.7%

Balance sheet

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Cash & equivalents$339.0M+16.1%
Total debt$49.7B
Total equity$31.8B+16.2%
Total assets$117.78B

Cash flow

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Operating cash flow$1.5B+4.8%
CapEx$965.0M
Free cash flow$554.0M-61.8%

Valuation

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Market cap$68.45B+14.3%
Enterprise value$117.84B
P/E20.3×+1.3×

Profitability

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Operating margin19.2%-1.0pp
Net margin13.1%-1.5pp
FCF margin19.4%

Returns & leverage

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Return on equity10.6%-0.6pp
Debt / equity1.6×
Current ratio0.5×

Where this comes from

Reported directly by American Electric Power in its filing.

Tagged under the XBRL concept us-gaap:RegulatoryAssetsCurrent.

The source filing: American Electric Power’s 10-Q, filed May 5, 2026.

Filed
May 5, 2026, 10:23 AM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000004904-26-000034
Line itemMarch 31, 2026December 31, 2025
Materials and Supplies1,0981,046
Risk Management Assets246352
Accrued Tax Benefits21485
Regulatory Asset for Under-Recovered Fuel Costs594426
Prepayments and Other Current Assets385212
TOTAL CURRENT ASSETS6,6236,052
PROPERTY, PLANT AND EQUIPMENT
Electric:

Cover / Front Matter

FAQ

What is American Electric Power's regulatory assets?
American Electric Power (AEP) reported regulatory assets of $594M in Q1 2026.
What is the long-term trend for American Electric Power's regulatory assets?
Over 3 years (2020 to 2025), American Electric Power's regulatory assets has grown at a 67.5% compound annual growth rate (CAGR), from $90.7M to $426M.
What does regulatory assets mean?
These represent costs that have been incurred by the utility but are deferred for future recovery from ratepayers as authorized by regulatory commissions. These assets arise from specific regulatory accounting treatments where the regulator allows the utility to collect these costs through future rates. They are a fundamental aspect of the regulated utility business model.

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