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American Electric Power Company, Inc. (AEP) Operating Margin: 24.33%

Is American Electric Power Company, Inc.’s operating margin high or low?

American Electric Power Company, Inc.'s operating margin of 24.33% is 15% above its 5-year average of 21.13%, near the high end of its 5-year range (17.60%–24.33%).

The operating margin for American Electric Power Company, Inc. (AEP) is 24.33% as of Tuesday, June 9, 2026. It is above its 12-month average by 0.89% (24.11%).

AEP Operating Margin Chart

AEP Operating Margin
24.33%+1.80% 1Y
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AEP Average Operating Margin Chart

AEP Current vs Average Operating Margin Chart

AEP Operating Margin Metrics

OPERATING MARGIN

24.33%

OPERATING MARGIN AVG TTM

24.11%

OPERATING MARGIN AVG 3Y

21.79%

OPERATING MARGIN AVG 5Y

21.13%

OPERATING MARGIN AVG 10Y

20.35%

OPERATING MARGIN AVG 15Y

19.91%

OPERATING MARGIN AVG 20Y

19.27%

CURRENT VS TTM AVG

+0.89%

CURRENT VS 3Y AVG

+11.67%

CURRENT VS 5Y AVG

+15.14%

CURRENT VS 10Y AVG

+19.57%

CURRENT VS 15Y AVG

+22.22%

CURRENT VS 20Y AVG

+26.27%

AEP Competitors' Operating Margin

NAMEMARKET CAPOPERATING MARGINTTM3Y5Y
American Electric Power Company, Inc. (AEP)24.33%24.11%21.79%21.13%
Sempra (SRE)$59.40B23.72%22.79%21.92%22.52%
Dominion Energy, Inc. (D)$58.27B26.74%24.60%20.82%19.21%
Xcel Energy Inc. (XEL)$48.61B19.63%18.69%17.68%17.58%
Exelon Corporation (EXC)$46.38B21.21%19.98%18.97%16.56%
Duke Energy Corporation (DUK)$96.53B26.61%26.36%24.49%23.31%
Consolidated Edison, Inc. (ED)$39.21B17.32%17.62%16.92%18.31%
WEC Energy Group, Inc. (WEC)$36.84B24.23%24.63%22.69%22.49%
The Southern Company (SO)$104.78B24.60%25.52%23.12%22.07%
NextEra Energy, Inc. (NEE)$176.90B30.14%30.18%29.06%26.96%

Operating Efficiency

Gross Margin

31.8%

Operating Margin

24.3%

American Electric Power Company, Inc. Operating Margin Formula & Definition

Operating Margin = Operating Income / Revenue

Operating margin is the percentage of revenue remaining after operating expenses, reflecting operating efficiency.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

American Electric Power Company, Inc. Operating Margin FAQ

What is the operating margin for American Electric Power Company, Inc. (AEP)?
The operating margin for AEP stock is 24.33%.
Is American Electric Power Company, Inc.'s operating margin high or low?
American Electric Power Company, Inc.'s operating margin of 24.33% is 15% above its 5-year average of 21.13%, near the high end of its 5-year range (17.60%–24.33%).
What is the TTM average operating margin for American Electric Power Company, Inc. (AEP)?
The TTM average operating margin for AEP stock is 24.11%.
What is the 3Y average operating margin for American Electric Power Company, Inc. (AEP)?
The 3Y average operating margin for AEP stock is 21.79%.
What is the 5Y average operating margin for American Electric Power Company, Inc. (AEP)?
The 5Y average operating margin for AEP stock is 21.13%.
What is the 10Y average operating margin for American Electric Power Company, Inc. (AEP)?
The 10Y average operating margin for AEP stock is 20.35%.
What is the 15Y average operating margin for American Electric Power Company, Inc. (AEP)?
The 15Y average operating margin for AEP stock is 19.91%.
What is the 20Y average operating margin for American Electric Power Company, Inc. (AEP)?
The 20Y average operating margin for AEP stock is 19.27%.

American Electric Power Company, Inc. Operating Margin History

DATEOPERATING MARGIN
2025-12-3124.33%
2024-12-3123.90%
2023-12-3121.32%
2022-12-3117.60%
2021-12-3119.63%
2020-12-3120.00%
2019-12-3117.52%
2018-12-3116.78%
2017-12-3121.66%
2016-12-3120.89%
2015-12-3120.19%
2014-12-3118.51%
2013-12-3119.78%
2012-12-3119.86%
2011-12-3118.60%
2010-12-3117.95%
2009-12-3119.79%
2008-12-3117.36%
2007-12-3117.03%
2006-12-3116.69%
2005-12-3115.24%
2004-12-3113.89%
2003-12-3111.43%
2002-12-3114.32%
2001-12-3117.43%
2000-12-315.46%
1999-12-319.31%
1998-12-3119.26%
1997-12-3122.54%
1996-12-3123.08%

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