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American Electric Power AEP Regulatory liabilities

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$294M-7.3%
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$877M-12.1%
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$1.26B+2.4%

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$903.0M+12.6%
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$74.44B+37.8%
Enterprise value$123.83B
P/E23.4×+1.5×
P/S3.3×-0.1×

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:RegulatoryLiabilityNoncurrent.

The official record: American Electric Power’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is American Electric Power's regulatory liabilities?
American Electric Power (AEP) reported regulatory liabilities of $8.23B in Q1 2026.
What is the long-term trend for American Electric Power's regulatory liabilities?
Over 3 years (2020 to 2025), American Electric Power's regulatory liabilities has grown at a 441.7% compound annual growth rate (CAGR), from $52.6M to $8.36B.
What does regulatory liabilities mean?
These are obligations recognized by regulated utilities to refund or credit customers in future periods, often resulting from regulatory commission orders or differences between collected rates and actual costs. They represent a liability to the ratepayer rather than a traditional financial debt. This metric is critical for assessing future cash flow impacts and regulatory risk.