Financial Statements — AEP
Balance Sheet
(in billions USD)| Metric | Q1
2026 | Q3
2025 | Q2
2025 | Q1
2025 | Q3
2024 | Q2
2024 | Q1
2024 | Q3
2023 | Q2
2023 | Q1
2023 | Q3
2022 | Q2
2022 | Q1
2022 | Q3
2021 | Q2
2021 |
|---|
| Cash & Equivalents | 0.31 | 1.07 | 0.23 | 0.26 | 0.25 | 0.20 | 0.23 | 0.35 | 0.30 | 0.34 | 0.52 | 0.58 | 0.68 | 1.37 | 0.31 |
| Short-term Investments | 0.21 | 0.23 | 0.21 | 0.21 | 0.23 | 0.23 | 0.22 | 0.21 | 0.20 | 0.19 | 0.20 | 0.19 | 0.21 | 0.22 | 0.22 |
| Accounts Receivable | 2.97 | 2.83 | 2.80 | 2.62 | 2.60 | 2.65 | 2.42 | 2.57 | 2.39 | 2.30 | 2.40 | 2.35 | 1.94 | 2.05 | 2.07 |
| Total Current Assets | 6.62 | 6.86 | 6.32 | 5.94 | 6.02 | 6.65 | 5.85 | 6.74 | 8.04 | 7.80 | 9.32 | 9.37 | 8.27 | 5.79 | 4.61 |
| Property, Plant & Equipment | -- | -- | -- | -- | 80.07 | 78.86 | 77.80 | 75.82 | 74.68 | 73.35 | 69.81 | 68.71 | 67.88 | 66.69 | 65.66 |
| Goodwill | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 |
| Total Non-current Assets* | 111.15 | 103.39 | 101.46 | 98.46 | 94.10 | 14.11 | 14.10 | 12.57 | 13.28 | 13.37 | 12.12 | 12.78 | 13.69 | 13.86 | 14.09 |
| Total Assets | 117.78 | 110.25 | 107.78 | 104.39 | 100.12 | 99.62 | 97.74 | 95.13 | 96.00 | 94.52 | 91.25 | 90.86 | 89.83 | 86.34 | 84.36 |
| Accounts Payable | 3.15 | 2.81 | 2.71 | 2.38 | 2.27 | 2.33 | 1.99 | 2.26 | 2.43 | 2.27 | 2.24 | 2.20 | 1.69 | 1.60 | 1.64 |
| Short-term Debt | 1.56 | 1.16 | 1.50 | 3.35 | 1.66 | 1.68 | 3.74 | 2.73 | 3.87 | 3.62 | 2.70 | 2.13 | 3.38 | 2.50 | 3.13 |
| Total Current Liabilities | 12.59 | 10.00 | 11.44 | 14.24 | 10.65 | 10.16 | 10.91 | 11.28 | 13.27 | 12.62 | 11.84 | 12.45 | 13.57 | 9.95 | 10.43 |
| Long-term Debt | 49.55 | 46.14 | 44.53 | 42.99 | 41.97 | 42.06 | 39.84 | 39.49 | 40.14 | 39.14 | 35.05 | 35.46 | 33.86 | 34.58 | 33.12 |
| Total Non-current Liabilities | 72.15 | 68.72 | 65.32 | 62.74 | 62.75 | 63.23 | 60.94 | 58.42 | 58.55 | 57.87 | 54.83 | 54.05 | 52.17 | 53.78 | 52.23 |
| Total Liabilities | 84.75 | 78.71 | 76.76 | 76.98 | 73.39 | 73.39 | 71.85 | 69.70 | 71.81 | 70.49 | 66.66 | 66.50 | 65.74 | 63.74 | 62.66 |
| Retained Earnings | 15.80 | 15.37 | 14.90 | 14.17 | 13.70 | 13.21 | 13.34 | 12.93 | 12.41 | 12.31 | 12.39 | 12.11 | 11.99 | 11.52 | 11.10 |
| Total Stockholder Equity | 31.81 | 30.39 | 29.87 | 27.32 | 26.62 | 26.14 | 25.80 | 25.31 | 23.90 | 23.74 | 24.28 | 24.06 | 23.79 | 22.28 | 21.38 |
* Derived from reported values
Income Statement
(in billions USD) (except per-share rows)| Metric | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 | Q2
2021 |
|---|
| Total Revenue | 5.92 | 5.05 | 5.96 | 5.06 | 5.63 | 4.76 | 5.42 | 4.58 | 5.03 | 4.58 | 5.34 | 4.37 | 4.69 | 4.88 | 5.53 | 4.64 | 4.59 | 4.06 | 4.62 | 3.83 |
| Total Operating Expenses | -- | -- | -- | -- | -- | -- | 4.07 | 3.90 | 3.85 | 3.95 | 3.99 | 3.50 | 3.99 | 4.32 | 4.60 | 3.64 | 3.60 | 3.38 | 3.52 | 3.02 |
| Operating Income | 1.36 | 1.11 | 1.52 | 1.40 | 1.28 | 1.10 | 1.35 | 0.68 | 1.17 | 0.62 | 1.35 | 0.87 | 0.70 | 0.56 | 0.93 | 1.00 | 0.99 | 0.68 | 1.11 | 0.81 |
| Interest Expense | -- | -- | -- | -- | -- | -- | 0.50 | 0.47 | 0.44 | 0.46 | 0.47 | 0.46 | 0.42 | 0.39 | 0.36 | 0.33 | 0.31 | 0.30 | 0.30 | 0.30 |
| Pretax Income | 0.92 | 0.70 | 1.12 | 1.02 | 0.89 | 0.70 | 0.98 | 0.32 | 0.84 | 0.29 | 1.00 | 0.53 | 0.39 | 0.27 | 0.66 | 0.74 | 0.76 | 0.45 | 0.85 | 0.60 |
| Tax Provision | 0.04 | 0.12 | 0.14 | (0.25) | 0.13 | 0.06 | 0.04 | 0.01 | (0.14) | (0.05) | 0.06 | 0.03 | 0.01 | (0.09) | (0.02) | 0.05 | 0.05 | (0.07) | 0.07 | 0.06 |
| Net Income | 0.90 | 0.61 | 1.00 | 1.29 | 0.80 | 0.67 | 0.96 | 0.34 | 1.01 | 0.34 | 0.52 | 0.52 | 0.40 | 0.38 | 0.68 | 0.52 | 0.72 | 0.54 | 0.80 | 0.57 |
| Basic EPS | 1.61 | 1.09 | 1.82 | 2.29 | 1.50 | 1.25 | 1.80 | 0.64 | 1.91 | 0.65 | 1.83 | 1.01 | 0.77 | 0.75 | 1.33 | 1.02 | 1.41 | 1.07 | 1.59 | 1.16 |
| Diluted EPS | 1.60 | 1.06 | 1.81 | 2.29 | 1.50 | 1.24 | 1.80 | 0.64 | 1.90 | 0.63 | 1.83 | 1.01 | 0.77 | 0.73 | 1.33 | 1.02 | 1.41 | 1.07 | 1.58 | 1.15 |
Cash Flow Statement
(in billions USD)| Metric | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 | Q2
2021 |
|---|
| Operating Cash Flow | 1.52 | 1.81 | 2.46 | 1.22 | 1.45 | 1.73 | 2.17 | 1.46 | 1.44 | 1.34 | 1.79 | 1.16 | 0.72 | 0.55 | 1.74 | 1.37 | 1.62 | 0.87 | 1.93 | 1.04 |
| Capital Expenditures | 0.97 | 1.80 | 0.30 | 1.36 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Free Cash Flow* | 0.55 | 0.02 | 2.16 | (0.14) | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Investing Cash Flow | (3.57) | (4.19) | (2.40) | (3.25) | (2.10) | (2.83) | (1.52) | (1.58) | (1.67) | (1.62) | (0.38) | (2.02) | (2.25) | (1.93) | (1.62) | (1.31) | (2.89) | (1.53) | (1.68) | (3.23) |
| Financing Cash Flow | 2.12 | 1.54 | 0.77 | 2.01 | 0.70 | 1.05 | (0.60) | 0.08 | 0.13 | 0.26 | (1.36) | 0.81 | 1.36 | 1.35 | (0.16) | (0.17) | 1.55 | (0.31) | 0.81 | 2.11 |
* Derived from reported values
Dividends Per Share
(USD)| Metric | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q3
2023 | Q2
2023 | Q1
2023 | Q3
2022 | Q2
2022 | Q1
2022 | Q3
2021 | Q2
2021 | Q4
2020 | Q3
2020 | Q2
2020 |
|---|
| Dividends Per Share | 0.95 | 0.95 | 0.93 | 0.93 | 0.93 | 0.93 | 0.88 | 0.88 | 0.88 | 0.83 | 0.83 | 0.78 | 0.78 | 0.78 | 0.78 | 0.74 | 0.74 | 0.74 | 0.70 | 0.70 |
