American Electric Power (AEP) Revenue & Revenue Breakdown

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American Electric Power Revenue Highlights

Latest Revenue (Y)

$18.98B

Latest Revenue (Q)

$5.42B

Main Segment (Y)

Transmission And Distribution Companies

American Electric Power Revenue by Period

American Electric Power Revenue by Year

Date	Revenue	Change
2023-12-31	$18.98B	-3.35%
2022-12-31	$19.64B	16.96%
2021-12-31	$16.79B	12.56%
2020-12-31	$14.92B	-4.13%
2019-12-31	$15.56B	-3.92%
2018-12-31	$16.20B	5.00%
2017-12-31	$15.42B	-5.83%
2016-12-31	$16.38B	-0.44%
2015-12-31	$16.45B	-3.33%
2014-12-31	$17.02B	10.83%
2013-12-31	$15.36B	2.76%
2012-12-31	$14.95B	-1.13%
2011-12-31	$15.12B	4.78%
2010-12-31	$14.43B	6.95%
2009-12-31	$13.49B	-

American Electric Power 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 Revenue by Quarter

Date	Revenue	Change
2024-09-30	$5.42B	17.12%
2024-06-30	$4.63B	-7.92%
2024-03-31	$5.03B	9.80%
2023-12-31	$4.58B	-14.31%
2023-09-30	$5.34B	22.17%
2023-06-30	$4.37B	-6.79%
2023-03-31	$4.69B	-3.90%
2022-12-31	$4.88B	-11.67%
2022-09-30	$5.53B	19.10%
2022-06-30	$4.64B	1.03%
2022-03-31	$4.59B	13.08%
2021-12-31	$4.06B	-12.15%
2021-09-30	$4.62B	20.82%
2021-06-30	$3.83B	-10.62%
2021-03-31	$4.28B	18.57%
2020-12-31	$3.61B	-11.21%
2020-09-30	$4.07B	16.38%
2020-06-30	$3.49B	-6.76%
2020-03-31	$3.75B	3.64%
2019-12-31	$3.62B	-16.20%
2019-09-30	$4.32B	20.75%
2019-06-30	$3.57B	-11.91%
2019-03-31	$4.06B	6.73%
2018-12-31	$3.80B	-12.28%
2018-09-30	$4.33B	7.97%
2018-06-30	$4.01B	-0.87%
2018-03-31	$4.05B	6.24%
2017-12-31	$3.81B	-7.17%
2017-09-30	$4.10B	14.77%
2017-06-30	$3.58B	-9.07%
2017-03-31	$3.93B	3.78%
2016-12-31	$3.79B	-18.53%
2016-09-30	$4.65B	19.50%
2016-06-30	$3.89B	-3.76%
2016-03-31	$4.04B	11.92%
2015-12-31	$3.61B	-18.45%
2015-09-30	$4.43B	12.43%
2015-06-30	$3.94B	-16.27%
2015-03-31	$4.71B	16.94%
2014-12-31	$4.03B	-6.42%
2014-09-30	$4.30B	6.38%
2014-06-30	$4.04B	-12.99%
2014-03-31	$4.65B	23.19%
2013-12-31	$3.77B	-9.65%
2013-09-30	$4.18B	16.58%
2013-06-30	$3.58B	-6.38%
2013-03-31	$3.83B	5.90%
2012-12-31	$3.61B	-13.07%
2012-09-30	$4.16B	17.04%
2012-06-30	$3.55B	-2.04%
2012-03-31	$3.63B	5.26%
2011-12-31	$3.44B	-20.52%
2011-09-30	$4.33B	20.06%
2011-06-30	$3.61B	-3.24%
2011-03-31	$3.73B	8.62%
2010-12-31	$3.43B	-15.50%
2010-09-30	$4.06B	20.95%
2010-06-30	$3.36B	-5.86%
2010-03-31	$3.57B	8.74%
2009-12-31	$3.28B	-

American Electric Power 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 Revenue Breakdown

American Electric Power Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
Generation And Marketing	$1.54B	$2.45B	$2.11B	$1.73B	-
Transmission And Distribution Companies	$5.68B	$5.49B	$4.46B	$4.35B	-
Vertically Integrated Utilities	-	-	-	$8.88B	-
AEP Transmission Holdco	-	-	-	$1.28B	-
Wholesale Transmission	-	-	-	-	$782.00M
Commercial	-	-	-	-	$485.40M
Industrial	-	-	-	-	$338.70M
Other Retail	-	-	-	-	$9.00M
Other Revenues - Affiliated and Nonaffiliated	-	-	-	-	$26.10M
Other Revenues	-	-	-	-	$17.10M
Residential	-	-	-	-	$638.60M
Retail	-	-	-	-	$1.47B
Transmission and Distribution Utilities Revenues	-	-	-	-	$2.76B
Wholesale and Competitive	-	-	-	-	$301.40M
Electricity	-	-	-	-	$1.74B
Wholesale Generation	-	-	-	-	$129.00M
Alternative and Other	-	-	-	-	$48.80M
Alternative	-	-	-	-	$31.70M

American Electric Power's latest annual revenue breakdown by segment (product or service), as of Dec 23: Transmission And Distribution Companies (78.63%), and Generation And Marketing (21.37%).

Quarterly Revenue by Product

Product/Service	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19
Transmission And Distribution Companies	$1.58B	$1.44B	$3.79B	$2.83B	$2.30B	$2.31B	-	-	-	-	-	-	-	-	-	-	-	-	-	-
AEP Transmission Holdco	$512.50M	$502.80M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Generation And Marketing	$564.20M	$518.40M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Vertically Integrated Utilities	$3.30B	$2.63B	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Revenues - Affiliated and Nonaffiliated	-	-	$111.80M	$132.30M	$7.00M	$18.00M	$7.60M	$6.00M	$5.30M	$6.10M	$5.20M	$6.40M	$5.60M	$9.70M	$5.80M	$6.00M	-	-	-	-
Alternative	-	-	$2.60M	$7.00M	$-900.00K	$-9.50M	$3.30M	$-2.40M	$-2.10M	$7.30M	$5.20M	$100.00K	$200.00K	$1.60M	$1.60M	-	-	-	-	-
Alternative and Other	-	-	$10.50M	$15.50M	$5.10M	$1.60M	$3.30M	$4.40M	$4.20M	$12.20M	$5.20M	$100.00K	$200.00K	$1.60M	-	-	-	-	-	-
Other Revenues	-	-	$125.40M	$120.90M	$6.00M	$11.10M	$5.50M	$6.80M	$6.30M	$4.90M	$4.00M	$5.30M	$3.40M	$3.80M	$16.00M	$16.00M	-	-	-	-
Wholesale and Competitive	-	-	$1.16B	$1.04B	$82.20M	$82.50M	$129.90M	$96.70M	$96.40M	$114.20M	$49.00M	$257.50M	$71.00M	$63.70M	$59.50M	$70.70M	-	-	-	-
Wholesale Transmission	-	-	$475.40M	$454.70M	$38.30M	$349.00M	$339.00M	$330.00M	$323.00M	$281.00M	$272.00M	$270.00M	$243.00M	$237.00M	$235.00M	$195.00M	-	-	-	-
Wholesale Generation	-	-	$263.40M	$205.80M	$43.90M	$47.00M	$44.00M	$42.00M	$36.00M	$30.00M	$28.00M	$32.00M	$42.30M	$30.30M	-	-	-	-	-	-
Retail	-	-	$3.81B	$4.16B	$452.10M	$426.20M	$576.70M	$436.10M	$393.50M	$464.00M	$370.70M	$352.10M	$440.50M	$342.90M	$319.00M	$333.00M	-	-	-	-
Residential	-	-	$1.92B	$2.10B	$185.10M	$175.90M	$285.50M	$188.60M	$175.90M	$230.90M	$149.90M	$166.30M	$219.40M	$147.70M	$131.60M	$134.90M	-	-	-	-
Affiliated and Nonaffiliated	-	-	$5.08B	$5.33B	$541.30M	$516.60M	$714.20M	$538.80M	$495.20M	$584.30M	$424.90M	$616.00M	$517.10M	$416.30M	$384.30M	-	-	-	-	-
Commercial	-	-	$1.04B	$1.14B	$153.80M	$143.50M	$182.30M	$146.00M	$130.50M	$145.40M	$127.10M	$112.90M	$135.00M	$110.60M	$105.60M	$114.30M	-	-	-	-
Industrial	-	-	$783.00M	$838.50M	$110.60M	$104.20M	$108.30M	$97.10M	$84.70M	$85.40M	$91.10M	$70.60M	$83.80M	$82.30M	$79.80M	$81.50M	-	-	-	-
Marketing, Competitive Retail and Renewable	-	-	$525.70M	$474.90M	$-10.10M	$100.00K	$200.00K	$-2.30M	-	-	-	-	-	-	-	-	-	-	-	-
Other Retail	-	-	$69.20M	$79.60M	$2.60M	$2.60M	$600.00K	$4.40M	$2.40M	$2.30M	$2.60M	$2.30M	$2.30M	$2.30M	$2.00M	$2.30M	-	-	-	-
Electric Transmission	-	-	-	-	-	$87.40M	$89.00M	$87.20M	$77.30M	-	-	-	-	-	-	-	-	-	-	-
Electricity	-	-	-	-	-	$522.50M	$503.70M	$698.80M	$520.70M	$484.20M	$570.10M	$418.80M	$607.70M	$505.70M	$401.00M	$377.60M	$399.80M	-	-	-
Transmission and Distribution Utilities Revenues	-	-	-	-	-	$868.80M	$1.02B	$1.02B	$817.20M	$824.20M	$761.00M	$690.10M	$716.70M	$730.40M	$621.80M	$679.20M	$632.10M	-	-	-
Electricity, Generation	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$28.00M	$24.00M	$33.00M	-

American Electric Power'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 Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
DUK	Duke Energy	$29.06B	$8.15B
SO	Southern	$25.25B	$7.27B
AEP	American Electric Power	$18.98B	$5.42B
NEE	NextEra Energy	$18.36B	$7.57B
EIX	Edison	$16.34B	$5.37B
ED	Consolidated Edison	$14.66B	$3.22B
XEL	Xcel Energy	$14.21B	$3.64B
D	Dominion Energy	$13.69B	$3.94B
FE	FirstEnergy	$12.87B	$3.73B
ETR	Entergy	$12.15B	$3.39B

AEP Revenue FAQ

What is American Electric Power’s yearly revenue?

American Electric Power'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’s quarterly revenue?

American Electric Power'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’s revenue growth rate?

American Electric Power'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’s revenue streams?

American Electric Power's revenue streams in c 23 are Generation And Marketing, and Transmission And Distribution Companies. Generation And Marketing generated $1.54B in revenue, accounting 21.37% of the company's total revenue, down -36.98% year-over-year. Transmission And Distribution Companies generated $5.68B in revenue, accounting 78.63% of the company's total revenue, up 3.42% year-over-year.

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

For the fiscal year ending Dec 23, the largest source of revenue of American Electric Power was Transmission And Distribution Companies. This segment made a revenue of $5.68B, representing 78.63% of the company's total revenue.