American Electric Power Company, Inc. (AEP) Net Income
The annual net income for American Electric Power Company, Inc. (AEP) is $3.58 Billion with a year-over-year change of +20.66%. Net income represents the company's bottom line profit after all expenses, taxes, and interest.
Annual Net Income (TTM)
$3.58B
$3.58 Billion
Year-over-Year Change
+20.66%
vs. $2.97B prior year
Net Income CAGR
+9.89%
5 Year compound annual growth rate
Net Income CAGR (Compound Annual Growth Rate)
1 Year
+32.21%
3 Year
+22.46%
5 Year
+9.89%
10 Year
+6.65%
15 Year
+7.57%
20 Year
+7.63%
CAGR shows the annualized growth rate over the specified period, smoothing out year-to-year volatility.
Annual Net Income History
| Year | Net Income | YoY Change | % Change |
|---|---|---|---|
| 2025 | $3.58B | +$612.90M | +20.66% |
| 2024 | $2.97B | +$759.00M | +34.37% |
| 2023 | $2.21B | ($99.10M) | (4.30%) |
| 2022 | $2.31B | ($180.90M) | (7.27%) |
| 2021 | $2.49B | +$288.00M | +13.09% |
| 2020 | $2.20B | +$279.00M | +14.52% |
| 2019 | $1.92B | ($2.70M) | (0.14%) |
| 2018 | $1.92B | +$11.20M | +0.59% |
| 2017 | $1.91B | +$1.30B | +213.08% |
| 2016 | $610.90M | ($1.44B) | (70.16%) |
Net Income Growth Summary
TTM Growth
+32.21%
3-Year Avg Growth
+22.46%
5-Year Avg Growth
+9.89%
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