Capital Expenditures for American Electric Power Company (AEP)
According to American Electric Power Company's latest reported financial statements, the company's current capital expenditures (TTM) is $8.43B USD. Capital expenditures (CapEx) are cash outlays for property, plant, and equipment and other long-lived productive assets — reported on the cash flow statement under investing activities. CapEx funds future capacity (factories, data centers, software, machinery), so rising spend can signal investment in growth, while heavy CapEx reduces free cash flow available to shareholders. We display CapEx as a positive amount (the absolute cash outflow); compare with revenue to gauge capital intensity and with total assets for the asset-base context.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
Currently viewingCapital ExpendituresSwitch metric
Latest period
$8.43B
YoY change
-7.1%
5Y CAGR
-54.0%
Peak year (2023)
$7.51B
Cumulative capital expenditures
$99.51B
CapEx history chart for American Electric Power Company (AEP) from 1994 to 2025
CapEx history table for American Electric Power Company (AEP) from 1994 to 2025
| Fiscal year | Period ended | Reported | Capital Expenditures | YoY |
|---|---|---|---|---|
| 2025 | $130.00M | -7.1% | ||
| 2024 | $139.90M | -98.1% | ||
| 2023 | $7.51B | +10.8% | ||
| 2022 | $6.77B | +17.5% | ||
| 2021 | $5.76B | -8.7% | ||
| 2020 | $6.32B | +2.8% | ||
| 2019 | $6.14B | -3.4% | ||
| 2018 | $6.36B | +9.6% | ||
| 2017 | $5.80B | +18.1% | ||
| 2016 | $4.91B | +6.7% | ||
| 2015 | $4.60B | +8.2% | ||
| 2014 | $4.25B | +12.5% | ||
| 2013 | $3.78B | +20.6% | ||
| 2012 | $3.13B | +12.9% | ||
| 2011 | $2.77B | +13.9% | ||
| 2010 | $2.44B | -12.8% | ||
| 2009 | $2.79B | -26.5% | ||
| 2008 | $3.80B | +6.9% | ||
| 2007 | $3.56B | +0.8% | ||
| 2006 | $3.53B | +46.8% | ||
| 2005 | $2.40B | +42.0% | ||
| 2004 | $1.69B | +24.7% | ||
| 2003 | $1.36B | -21.1% | ||
| 2002 | $1.72B | -6.0% | ||
| 2001 | $1.83B | +3.3% | ||
| 2000 | $1.77B | +104.5% | ||
| 1999 | $867.00M | +9.5% | ||
| 1998 | $792.10M | +4.2% | ||
| 1997 | $760.40M | +31.6% | ||
| 1996 | $577.70M | -4.7% | ||
| 1995 | $606.00M | -5.8% | ||
| 1994 | $643.50M | — |
CapEx values are taken from American Electric Power Company's reported cash flow statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
As of the 2025 fiscal year, American Electric Power Company (AEP) reported capital expenditures of $130.00M – declined 7.1% year-over-year.
American Electric Power Company capital expenditures has contracted on net over the period, with a -54.0% compound annual growth rate over 2020–2025 (5 years).
American Electric Power Company capital expenditures plunged from $7.51B in 2023 to $130.00M in 2025, a 98.3% drawdown.
Across the available history, capital expenditures reached its high of $7.51B in 2023 and its low of $130.00M in 2025.
Among 8 Utilities peers, American Electric Power Company (AEP) ranks 9th; the peer median for capital expenditures is $9.94B.
American Electric Power Company Capital Expenditures by Year
American Electric Power Company Capital Expenditures 2025: $130.00M
American Electric Power Company capital expenditures in 2025 was $130.00M, declined 7.1% below 2024. This figure represents the lowest annual value in the available history.
American Electric Power Company Capital Expenditures 2024: $139.90M
American Electric Power Company capital expenditures in 2024 was $139.90M, plunged 98.1% below 2023.
American Electric Power Company Capital Expenditures 2023: $7.51B
American Electric Power Company capital expenditures in 2023 was $7.51B, grew 10.8% from 2022. This figure represents the highest annual value in the available history.
American Electric Power Company Capital Expenditures 2022: $6.77B
American Electric Power Company capital expenditures in 2022 was $6.77B, grew 17.5% from 2021.
American Electric Power Company Capital Expenditures 2021: $5.76B
American Electric Power Company capital expenditures in 2021 was $5.76B.
See more financial history for American Electric Power Company (AEP).
Sector peers — CapEx
Companies in the same sector as American Electric Power Company, ranked by their latest capital expenditures.
| Company | Capital Expenditures | Sector |
|---|---|---|
| Duke Energy Corporation (DUK) | $14.02B | Utilities |
| The Southern Company (SO) | $13.39B | Utilities |
| Dominion Energy, Inc. (D) | $12.64B | Utilities |
| Sempra (SRE) | $10.61B | Utilities |
| NextEra Energy, Inc. (NEE) | $9.27B | Utilities |
| Vistra Corp. (VST) | $3.94B | Utilities |
| Constellation Energy Corporation (CEG) | $2.95B | Utilities |
| GE Vernova Inc. (GEV) | $1.28B | Utilities |
Frequently asked questions
What is American Electric Power Company's capital expenditures?
- Latest reported capital expenditures for American Electric Power Company (AEP) is $8.43B (period ending December 31, 2025).
How has American Electric Power Company capital expenditures changed year-over-year?
- American Electric Power Company (AEP) capital expenditures changed -7.1% year-over-year on the latest annual filing.
What is the long-term growth rate of American Electric Power Company capital expenditures?
- American Electric Power Company (AEP) capital expenditures compound annual growth rate is -54.0% over the most recent 5 years available.
When did American Electric Power Company capital expenditures hit its highest annual value?
- American Electric Power Company capital expenditures reached its highest annual value of $7.51B in 2023.
What was American Electric Power Company capital expenditures in 2024?
- American Electric Power Company (AEP) capital expenditures in 2024 was $139.90M.
What was American Electric Power Company capital expenditures in 2025?
- American Electric Power Company (AEP) capital expenditures in 2025 was $130.00M.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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