American Electric Power Company, Inc. (AEP) Income Tax Expense
The tax expense for American Electric Power Company, Inc. (AEP) is $129.00 Million with a year-over-year change of +429.08%. Income tax expense is the amount a company pays in federal, state, and foreign income taxes based on its taxable income for the period.
AEP Tax Expense Chart
Current Tax Expense
$129.00M
$129.00 Million
Year-over-Year Change
+429.08%
vs. $-39.20M prior year
Historical Data
30
Years of data available
Annual Tax Expense History
| Year | Tax Expense | YoY Change | % Change |
|---|---|---|---|
| 2025 | $129.00M | +$168.20M | +429.08% |
| 2024 | $-39.20M | $-93.80M | -171.79% |
| 2023 | $54.60M | +$49.20M | +911.11% |
| 2022 | $5.40M | $-110.10M | -95.32% |
| 2021 | $115.50M | +$75.00M | +185.19% |
| 2020 | $40.50M | +$53.40M | +413.95% |
| 2019 | $-12.90M | $-128.20M | -111.19% |
| 2018 | $115.30M | $-854.40M | -88.11% |
| 2017 | $969.70M | +$1.04B | +1415.74% |
| 2016 | $-73.70M | $-993.30M | -108.01% |
| 2015 | $919.60M | +$17.00M | +1.88% |
| 2014 | $902.60M | +$224.90M | +33.19% |
| 2013 | $677.70M | +$73.70M | +12.20% |
| 2012 | $604.00M | $-214.00M | -26.16% |
| 2011 | $818.00M | +$175.00M | +27.22% |
| 2010 | $643.00M | +$68.00M | +11.83% |
| 2009 | $575.00M | $-67.00M | -10.44% |
| 2008 | $642.00M | +$126.00M | +24.42% |
| 2007 | $516.00M | +$31.00M | +6.39% |
| 2006 | $485.00M | +$55.00M | +12.79% |
| 2005 | $430.00M | $-142.00M | -24.83% |
| 2004 | $572.00M | +$214.00M | +59.78% |
| 2003 | $358.00M | +$43.00M | +13.65% |
| 2002 | $315.00M | $-238.00M | -43.04% |
| 2001 | $553.00M | $-44.00M | -7.37% |
| 2000 | $597.00M | +$115.00M | +23.86% |
| 1999 | $482.00M | $-20.00M | -3.98% |
| 1998 | $502.00M | +$160.70M | +47.08% |
| 1997 | $341.30M | $-900,000 | -0.26% |
| 1996 | $342.20M | — | — |
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.
- Sector
- Utilities
- Industry
- Regulated Electric
- CEO
- William J. Fehrman