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American Electric Power Company (AEP) Revenue & Revenue Breakdown

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American Electric Power Company Revenue Highlights

Latest Revenue (Y)

$18.98B

Latest Revenue (Q)

$5.42B

Main Segment (Y)

Affiliated and Nonaffiliated

American Electric Power Company Revenue by Period

American Electric Power Company Revenue by Year

DateRevenueChange
2023-12-31$18.98B-3.35%
2022-12-31$19.64B16.96%
2021-12-31$16.79B12.56%
2020-12-31$14.92B-4.13%
2019-12-31$15.56B-3.92%
2018-12-31$16.20B5.00%
2017-12-31$15.42B-5.83%
2016-12-31$16.38B-0.44%
2015-12-31$16.45B-3.33%
2014-12-31$17.02B10.83%
2013-12-31$15.36B2.76%
2012-12-31$14.95B-1.13%
2011-12-31$15.12B4.78%
2010-12-31$14.43B6.95%
2009-12-31$13.49B-6.59%
2008-12-31$14.44B7.92%
2007-12-31$13.38B6.01%
2006-12-31$12.62B4.22%
2005-12-31$12.11B-13.84%
2004-12-31$14.06B-3.36%
2003-12-31$14.54B-0.07%
2002-12-31$14.55B-76.24%
2001-12-31$61.26B347.33%
2000-12-31$13.69B98.00%
1999-12-31$6.92B8.98%
1998-12-31$6.35B2.99%
1997-12-31$6.16B5.34%
1996-12-31$5.85B3.16%
1995-12-31$5.67B3.01%
1994-12-31$5.50B-

American Electric Power Company generated $18.98B in revenue during NA 2023, up -3.35% compared to the previous quarter, and up 117.21% compared to the same period a year ago.

American Electric Power Company Revenue by Quarter

DateRevenueChange
2024-09-30$5.42B17.12%
2024-06-30$4.63B-7.92%
2024-03-31$5.03B9.80%
2023-12-31$4.58B-14.31%
2023-09-30$5.34B22.17%
2023-06-30$4.37B-6.79%
2023-03-31$4.69B-3.90%
2022-12-31$4.88B-11.67%
2022-09-30$5.53B19.10%
2022-06-30$4.64B1.03%
2022-03-31$4.59B13.08%
2021-12-31$4.06B-12.15%
2021-09-30$4.62B20.82%
2021-06-30$3.83B-10.62%
2021-03-31$4.28B18.57%
2020-12-31$3.61B-11.21%
2020-09-30$4.07B16.38%
2020-06-30$3.49B-6.76%
2020-03-31$3.75B3.64%
2019-12-31$3.62B-16.20%
2019-09-30$4.32B20.75%
2019-06-30$3.57B-11.91%
2019-03-31$4.06B6.73%
2018-12-31$3.80B-12.28%
2018-09-30$4.33B7.97%
2018-06-30$4.01B-0.87%
2018-03-31$4.05B6.24%
2017-12-31$3.81B-7.17%
2017-09-30$4.10B14.77%
2017-06-30$3.58B-9.07%
2017-03-31$3.93B3.78%
2016-12-31$3.79B-18.53%
2016-09-30$4.65B19.50%
2016-06-30$3.89B-3.76%
2016-03-31$4.04B11.92%
2015-12-31$3.61B-18.45%
2015-09-30$4.43B12.43%
2015-06-30$3.94B-16.27%
2015-03-31$4.71B16.94%
2014-12-31$4.03B-6.42%
2014-09-30$4.30B6.38%
2014-06-30$4.04B-12.99%
2014-03-31$4.65B23.19%
2013-12-31$3.77B-9.65%
2013-09-30$4.18B16.58%
2013-06-30$3.58B-6.38%
2013-03-31$3.83B5.90%
2012-12-31$3.61B-13.07%
2012-09-30$4.16B17.04%
2012-06-30$3.55B-2.04%
2012-03-31$3.63B5.26%
2011-12-31$3.44B-20.52%
2011-09-30$4.33B20.06%
2011-06-30$3.61B-3.24%
2011-03-31$3.73B8.62%
2010-12-31$3.43B-15.50%
2010-09-30$4.06B20.95%
2010-06-30$3.36B-5.86%
2010-03-31$3.57B8.74%
2009-12-31$3.28B-7.47%
2009-09-30$3.55B10.77%
2009-06-30$3.20B-7.40%
2009-03-31$3.46B6.86%
2008-12-31$3.24B-22.79%
2008-09-30$4.19B18.19%
2008-06-30$3.55B2.28%
2008-03-31$3.47B5.83%
2007-12-31$3.28B-

American Electric Power Company generated $5.42B in revenue during Q3 2024, up 17.12% compared to the previous quarter, and up 123.96% compared to the same period a year ago.

American Electric Power Company Revenue Breakdown

American Electric Power Company Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21Dec 20Dec 19
Other Retail$293.40M$10.10M$10.00M$9.10M$9.00M
Other Revenues - Affiliated and Nonaffiliated$429.10M$24.70M$23.50M$26.70M$26.10M
Other Revenues$458.10M$18.60M$19.00M$17.50M$17.10M
Industrial$3.39B$393.50M$344.40M$328.80M$338.70M
Commercial$4.18B$612.30M$529.30M$466.70M$485.40M
Residential$7.09B$820.70M$709.50M$630.80M$638.60M
Retail$14.95B$1.84B$1.59B$1.44B$1.47B
Wholesale Transmission$1.70B$51.00M$1.10B$952.00M$782.00M
Wholesale and Competitive$4.08B$421.90M$509.30M$273.20M$301.40M
Wholesale Generation$773.80M$170.00M$129.00M$112.00M$129.00M
Affiliated and Nonaffiliated$19.45B----
Marketing, Competitive Retail and Renewable$1.75B----
Alternative and Other$13.60M$1.20M$5.80M$3.20M$48.80M
Alternative$500.00K$1.20M$5.80M$3.20M$31.70M
Electric Transmission-$340.90M---
Electricity-$2.23B$2.09B$1.70B$1.74B
Transmission and Distribution Utilities Revenues-$3.64B$2.86B$2.70B$2.76B

American Electric Power Company's latest annual revenue breakdown by segment (product or service), as of Dec 23: Affiliated and Nonaffiliated (33.22%), Retail (25.52%), Residential (12.10%), Commercial (7.13%), Wholesale and Competitive (6.96%), Industrial (5.79%), Marketing, Competitive Retail and Renewable (3.00%), Wholesale Transmission (2.91%), Wholesale Generation (1.32%), Other Revenues (0.78%), Other Revenues - Affiliated and Nonaffiliated (0.73%), Other Retail (0.50%), Alternative and Other (0.02%), and Alternative (0.00%).

Quarterly Revenue by Product

Product/ServiceSep 24Jun 24Mar 24Dec 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Transmission And Distribution Companies$1.58B$1.44B------------------
AEP Transmission Holdco$512.50M$502.80M------------------
Vertically Integrated Utilities$3.30B$2.63B------------------
Generation And Marketing$564.20M$518.40M------------------
Industrial--$783.00M$2.34B$110.60M$104.20M$103.40M$108.30M$97.10M$84.70M$97.30M$85.40M$91.10M$70.60M$82.90M$83.80M$82.30M$79.80M$81.50M$92.30M
Other Retail--$69.20M$208.60M$2.60M$2.60M$2.70M$600.00K$4.40M$2.40M$2.80M$2.30M$2.60M$2.30M$2.50M$2.30M$2.30M$2.00M$2.30M$2.30M
Marketing, Competitive Retail and Renewable--$525.70M$1.29B$-10.10M$100.00K$1.00M$200.00K$-2.30M$500.00K----------
Alternative--$2.60M$3.90M$-900.00K$-9.50M$500.00K$3.30M$-2.40M$-2.10M$700.00K$7.30M$5.20M$100.00K$2.70M$200.00K$1.60M$1.60M$7.10M-
Wholesale and Competitive--$1.16B$2.88B$82.20M$82.50M$98.90M$129.90M$96.70M$96.40M$88.60M$114.20M$49.00M$257.50M$79.00M$71.00M$63.70M$59.50M$70.70M$80.70M
Alternative and Other--$10.50M-$5.10M$1.60M$500.00K$3.30M$4.40M$4.20M$700.00K$12.20M$5.20M$100.00K$2.70M$200.00K$1.60M---
Affiliated and Nonaffiliated--$5.08B$13.07B$541.30M$516.60M$-360.80M$714.20M$538.80M$495.20M$584.30M$424.90M$616.00M$517.10M$416.30M$384.30M$549.50M---
Commercial--$1.04B$2.74B$153.80M$143.50M$153.50M$182.30M$146.00M$130.50M$143.90M$145.40M$127.10M$112.90M$115.50M$135.00M$110.60M$105.60M$114.30M$144.30M
Other Revenues - Affiliated and Nonaffiliated--$111.80M$271.80M$7.00M$18.00M$5.80M$7.60M$6.00M$5.30M$6.50M$6.10M$5.20M$6.40M$5.60M$5.60M$9.70M$5.80M$6.00M$7.00M
Residential--$1.92B$4.63B$185.10M$175.90M$170.70M$285.50M$188.60M$175.90M$162.40M$230.90M$149.90M$166.30M$132.10M$219.40M$147.70M$131.60M$134.90M$222.90M
Retail--$3.81B$9.91B$452.10M$426.20M$430.30M$576.70M$436.10M$393.50M$406.40M$464.00M$370.70M$352.10M$333.00M$440.50M$342.90M$319.00M$333.00M$461.80M
Wholesale Generation--$263.40M$477.10M$43.90M$47.00M$48.00M$44.00M$42.00M$36.00M$39.00M$30.00M$28.00M$32.00M$55.30M$42.30M$30.30M---
Wholesale Transmission--$475.40M$861.90M$38.30M$349.00M$308.00M$339.00M$330.00M$323.00M$277.00M$281.00M$272.00M$270.00M$237.00M$243.00M$237.00M$235.00M$195.00M$194.00M
Other Revenues--$125.40M$320.10M$6.00M$11.10M$100.00K$5.50M$6.80M$6.30M$4.80M$4.90M$4.00M$5.30M$4.20M$3.40M$3.80M$16.00M$16.00M$20.00M
Transmission and Distribution Utilities Revenues----$868.80M$1.02B$978.70M$1.02B$817.20M$824.20M$695.90M$761.00M$690.10M$716.70M$667.20M$730.40M$621.80M$679.20M$632.10M$698.60M
Electricity----$522.50M$503.70M$524.90M$698.80M$520.70M$484.20M$492.30M$570.10M$418.80M$607.70M$412.30M$505.70M$401.00M$377.60M$399.80M$536.50M
Electric Transmission----$87.40M$89.00M$91.40M$87.20M$77.30M-----------
Electricity, Generation---------------$28.00M$24.00M$33.00M$32.00M-

American Electric Power Company's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Vertically Integrated Utilities (55.47%), Transmission And Distribution Companies (26.45%), Generation And Marketing (9.47%), and AEP Transmission Holdco (8.61%).

American Electric Power Company Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
DUKDuke Energy$29.06B$8.15B
SOSouthern Company$25.25B$7.27B
AEPAmerican Electric Power Company$18.98B$5.42B
NEENextEra Energy$18.36B$7.57B
EIXEdison$16.34B$5.37B
EDConsolidated Edison$14.66B$3.22B
XELXcel Energy$14.21B$3.64B
DDominion Energy$13.69B$3.94B
FEFirstEnergy$12.87B$3.73B
ETREntergy$12.15B$3.39B

AEP Revenue FAQ

What is American Electric Power Company’s yearly revenue?

American Electric Power Company's yearly revenue for 2023 was $18.98B, representing a decrease of -3.35% compared to 2022. The company's yearly revenue for 2022 was $19.64B, representing an increase of 16.96% compared to 2021. AEP's yearly revenue for 2021 was $16.79B, representing an increase of 12.56% compared to 2020.

What is American Electric Power Company’s quarterly revenue?

American Electric Power Company's quarterly revenue for Q3 2024 was $5.42B, a 17.12% increase from the previous quarter (Q2 2024), and a 1.47% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $4.63B, a -7.92% decrease from the previous quarter (Q1 2024), and a 5.84% increase year-over-year (Q2 2023). AEP's quarterly revenue for Q1 2024 was $5.03B, a 9.80% increase from the previous quarter (Q4 2023), and a 7.14% increase year-over-year (Q1 2023).

What is American Electric Power Company’s revenue growth rate?

American Electric Power Company's revenue growth rate for the last 3 years (2021-2023) was 13.04%, and for the last 5 years (2019-2023) was 21.98%.

What are American Electric Power Company’s revenue streams?

American Electric Power Company's revenue streams in c 23 are Other Retail, Other Revenues - Affiliated and Nonaffiliated, Other Revenues, Industrial, Commercial, Residential, Retail, Wholesale Transmission, Wholesale and Competitive, Wholesale Generation, Affiliated and Nonaffiliated, Marketing, Competitive Retail and Renewable, Alternative and Other, and Alternative. Other Retail generated $293.4M in revenue, accounting 0.50% of the company's total revenue, up 2804.95% year-over-year. Other Revenues - Affiliated and Nonaffiliated generated $429.1M in revenue, accounting 0.73% of the company's total revenue, up 1637.25% year-over-year. Other Revenues generated $458.1M in revenue, accounting 0.78% of the company's total revenue, up 2362.90% year-over-year. Industrial generated $3.39B in revenue, accounting 5.79% of the company's total revenue, up 761.35% year-over-year. Commercial generated $4.18B in revenue, accounting 7.13% of the company's total revenue, up 582.02% year-over-year. Residential generated $7.09B in revenue, accounting 12.10% of the company's total revenue, up 763.70% year-over-year. Retail generated $14.95B in revenue, accounting 25.52% of the company's total revenue, up 713.85% year-over-year. Wholesale Transmission generated $1.7B in revenue, accounting 2.91% of the company's total revenue, up 3240.98% year-over-year. Wholesale and Competitive generated $4.08B in revenue, accounting 6.96% of the company's total revenue, up 866.70% year-over-year. Wholesale Generation generated $773.8M in revenue, accounting 1.32% of the company's total revenue, up 355.18% year-over-year. Affiliated and Nonaffiliated generated $19.45B in revenue, accounting 33.22% of the company's total revenue Marketing, Competitive Retail and Renewable generated $1.75B in revenue, accounting 3.00% of the company's total revenue Alternative and Other generated $13.6M in revenue, accounting 0.02% of the company's total revenue, up 1033.33% year-over-year. Alternative generated $500K in revenue, accounting 0.00% of the company's total revenue, down -58.33% year-over-year.

What is American Electric Power Company’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of American Electric Power Company was Affiliated and Nonaffiliated. This segment made a revenue of $19.45B, representing 33.22% of the company's total revenue.