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American Electric Power Company, Inc. (AEP) Interest Coverage Ratio: 2.61x

The interest coverage ratio for American Electric Power Company, Inc. (AEP) is 2.61x as of Wednesday, June 17, 2026.

AEP Interest Coverage Ratio Metrics

INTEREST COVERAGE RATIO

2.61x

AEP Competitors' Interest Coverage Ratio

NAMEMARKET CAPINTEREST COVERAGE RATIOTTM3Y5Y
American Electric Power Company, Inc. (AEP)$70.30B2.61xN/AN/AN/A
Dominion Energy, Inc. (D)vs ›$60.18B2.18x1.95x1.85x1.74x
Sempra (SRE)vs ›$59.53B2.12x2.15x2.51x2.53x
Entergy Corporation (ETR)vs ›$51.46B2.28x2.29x2.31x2.29x
Xcel Energy Inc. (XEL)vs ›$49.24B2.14x2.08x2.31x2.43x
Exelon Corporation (EXC)vs ›$47.34B2.42x2.34x2.33x2.19x
Duke Energy Corporation (DUK)vs ›$97.37B2.36x2.35x2.38x2.35x
Consolidated Edison, Inc. (ED)vs ›$39.94B2.38x2.34x2.42x2.56x
Public Service Enterprise Group Incorporated (PEG)vs ›$39.57B3.10x2.95x3.43x3.63x
WEC Energy Group, Inc. (WEC)vs ›$37.09B2.65x2.65x2.91x3.13x

Financial Health Indicators

Interest Coverage

2.6x

Debt/Equity

1.61

Current Ratio

0.45

Formula: Interest Coverage = EBIT / Interest Expense

Reference ranges:

  • < 1.5x: EBIT is less than 1.5 times interest expense
  • 1.5x - 3x: EBIT is between 1.5 and 3 times interest expense
  • 3x - 5x: EBIT is between 3 and 5 times interest expense
  • > 5x: EBIT is more than 5 times interest expense

Note: Interest coverage should be compared with historical interest expense, operating income, and industry capital structure.

American Electric Power Company, Inc. Interest Coverage Ratio Formula & Definition

Interest Coverage = EBIT / Interest Expense

The interest coverage ratio measures operating earnings relative to interest expense.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

American Electric Power Company, Inc. Interest Coverage Ratio FAQ

What is the interest coverage ratio for American Electric Power Company, Inc. (AEP)?
The interest coverage ratio for AEP stock is 2.61x.

About American Electric Power Company, Inc.

American Electric Power Company, Inc. (AEP) operates as a prominent electric utility holding company, with its core business encompassing the generation, transmission, and delivery of electricity. Serving both retail and wholesale clients across the United States, AEP organizes its extensive operations into several key segments: Vertically Integrated Utilities, Transmission and Distribution Utilities, AEP Transmission Holdco, and Generation & Marketing. The firm produces its electrical power from a diverse portfolio of energy sources, including coal, lignite, natural gas, nuclear, hydroelectric, solar, and wind power, alongside other emerging technologies. Beyond direct consumer sales, AEP also functions as a major wholesale electricity supplier, providing power to other utility companies, rural electric cooperatives, municipalities, and various other participants within the energy market. Incorporated in 1906, the company's corporate headquarters are situated in Columbus, Ohio.

Columbus, OH
16,330 employees
Utilities / Regulated Electric
Sector
Utilities
Industry
Regulated Electric
CEO
William J. Fehrman