American Electric Power (AEP) Revenue & Revenue Breakdown
American Electric Power Revenue Highlights
Latest Revenue (Y)
$18.98B
Latest Revenue (Q)
$4.63B
Main Segment (Y)
Affiliated and Nonaffiliated
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 | -6.59% |
| 2008-12-31 | $14.44B | 7.92% |
| 2007-12-31 | $13.38B | 6.01% |
| 2006-12-31 | $12.62B | 4.22% |
| 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 | $61.26B | 347.33% |
| 2000-12-31 | $13.69B | 98.00% |
| 1999-12-31 | $6.92B | 8.98% |
| 1998-12-31 | $6.35B | 2.99% |
| 1997-12-31 | $6.16B | 5.34% |
| 1996-12-31 | $5.85B | 3.16% |
| 1995-12-31 | $5.67B | 3.01% |
| 1994-12-31 | $5.50B | - |
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 |
|---|---|---|
| 2024-06-30 | $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 | -7.47% |
| 2009-09-30 | $3.55B | 10.77% |
| 2009-06-30 | $3.20B | -7.40% |
| 2009-03-31 | $3.46B | 6.86% |
| 2008-12-31 | $3.24B | -22.79% |
| 2008-09-30 | $4.19B | 18.19% |
| 2008-06-30 | $3.55B | 2.28% |
| 2008-03-31 | $3.47B | 5.83% |
| 2007-12-31 | $3.28B | - |
American Electric Power generated $4.63B in revenue during Q2 2024, up -7.92% compared to the previous quarter, and up 98.66% 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 |
|---|---|---|---|---|---|
| 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'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/Service | Jun 24 | Mar 24 | Dec 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 | Sep 19 | Jun 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| AEP Transmission Holdco | $502.80M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Generation And Marketing | $518.40M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Transmission And Distribution Companies | $1.44B | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Vertically Integrated Utilities | $2.63B | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| 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 | $6.00M | - |
| 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 | $113.10M |
| 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 | $5.30M |
| 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 | $140.70M |
| 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 | $339.70M |
| 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 | $198.00M |
| 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 | $1.50M |
| Marketing, Competitive Retail and Renewable | - | $525.70M | $1.29B | $-10.10M | $100.00K | $1.00M | $200.00K | $-2.30M | $500.00K | - | - | - | - | - | - | - | - | - | - | - |
| 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 | $2.20M |
| 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 | $83.70M |
| 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 | $7.50M | - | - | - |
| 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 | $68.60M |
| 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 | $413.60M | - | - | - |
| 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 | $602.30M |
| 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 | $394.00M |
| Electric Transmission | - | - | - | $87.40M | $89.00M | $91.40M | $87.20M | $77.30M | - | - | - | - | - | - | - | - | - | - | - | - |
| Electricity, Generation | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $28.00M | $24.00M | $33.00M | $32.00M | $30.00M | - |
American Electric Power's latest quarterly revenue breakdown by segment (product or service), as of Jun 24: Vertically Integrated Utilities (51.67%), Transmission And Distribution Companies (28.24%), Generation And Marketing (10.20%), and AEP Transmission Holdco (9.89%).
American Electric Power Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| DUK | Duke Energy | $29.06B | $7.17B |
| SO | Southern | $25.25B | $6.65B |
| AEP | American Electric Power | $18.98B | $4.63B |
| NEE | NextEra Energy | $18.36B | $6.11B |
| EIX | Edison | $16.34B | $4.34B |
| ED | Consolidated Edison | $14.66B | $3.22B |
| XEL | Xcel Energy | $14.21B | $3.03B |
| D | Dominion Energy | $13.69B | $3.49B |
| FE | FirstEnergy | $12.87B | $3.28B |
| ETR | Entergy | $12.15B | $2.95B |
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 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). The company'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). AEP's quarterly revenue for Q4 2023 was $4.58B, a -14.31% decrease from the previous quarter (Q3 2023), and a -6.23% decrease year-over-year (Q4 2022).
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 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’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of American Electric Power was Affiliated and Nonaffiliated. This segment made a revenue of $19.45B, representing 33.22% of the company's total revenue.