Operating Income for American Electric Power Company (AEP)
According to American Electric Power Company's latest reported financial statements, the company's current operating income (TTM) is $5.30B USD. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
Currently viewingOperating IncomeSwitch metric
TTM (last 4 quarters)
$5.30B
YoY change
+11.3%
5Y CAGR
+12.2%
Peak year (2025)
$5.30B
Cumulative operating income
$129.64B
Operating Income history chart for American Electric Power Company (AEP) from 1985 to 2025
Operating Income history table for American Electric Power Company (AEP) from 1985 to 2025
| Fiscal year | Period ended | Reported | Operating Income | YoY |
|---|---|---|---|---|
| 2025 | $5.30B | +11.3% | ||
| 2024 | $4.76B | +15.2% | ||
| 2023 | $4.13B | +21.5% | ||
| 2022 | $3.40B | +4.2% | ||
| 2021 | $3.26B | +9.5% | ||
| 2020 | $2.98B | +9.5% | ||
| 2019 | $2.72B | +0.4% | ||
| 2018 | $2.71B | -18.5% | ||
| 2017 | $3.33B | -2.3% | ||
| 2016 | $3.41B | +2.9% | ||
| 2015 | $3.31B | +5.7% | ||
| 2014 | $3.13B | +3.6% | ||
| 2013 | $3.02B | +2.3% | ||
| 2012 | $2.96B | +5.6% | ||
| 2011 | $2.80B | +8.8% | ||
| 2010 | $2.57B | -2.4% | ||
| 2009 | $2.64B | +5.3% | ||
| 2008 | $2.50B | +9.9% | ||
| 2007 | $2.28B | +8.2% | ||
| 2006 | $2.11B | +14.1% | ||
| 2005 | $1.85B | -6.7% | ||
| 2004 | $1.98B | +16.8% | ||
| 2003 | $1.70B | -11.9% | ||
| 2002 | $1.92B | -13.5% | ||
| 2001 | $2.22B | +10.9% | ||
| 2000 | $2.00B | -13.0% | ||
| 1999 | $2.30B | +1.1% | ||
| 1998 | $2.28B | +72.0% | ||
| 1997 | $1.33B | -1.8% | ||
| 1996 | $1.35B | +9.2% | ||
| 1995 | $1.24B | +7.6% | ||
| 1994 | $1.15B | -78.2% | ||
| 1993 | $5.27B | +4.4% | ||
| 1992 | $5.04B | -0.0% | ||
| 1991 | $5.05B | -2.3% | ||
| 1990 | $5.17B | +0.5% | ||
| 1989 | $5.14B | +6.2% | ||
| 1988 | $4.84B | +1.1% | ||
| 1987 | $4.79B | -1.1% | ||
| 1986 | $4.84B | -0.1% | ||
| 1985 | $4.85B | — |
Operating Income values are taken from American Electric Power Company's reported income 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 operating income of $5.30B – grew 11.3% year-over-year.
American Electric Power Company operating income compound annual growth for the 2020–2025 (5 years) window is +12.2%, sustaining 7 straight years of year-over-year growth.
2025 marks the peak operating income at $5.30B, with the historical low of $1.15B recorded in 1994.
Among 8 Utilities peers, American Electric Power Company (AEP) ranks 4th; the peer median for operating income is $3.83B.
American Electric Power Company Operating Income by Year
American Electric Power Company Operating Income 2025: $5.30B
American Electric Power Company operating income in 2025 was $5.30B, grew 11.3% from 2024. This figure represents the highest annual value in the available history.
American Electric Power Company Operating Income 2024: $4.76B
American Electric Power Company operating income in 2024 was $4.76B, grew 15.2% from 2023.
American Electric Power Company Operating Income 2023: $4.13B
American Electric Power Company operating income in 2023 was $4.13B, grew 21.5% from 2022.
American Electric Power Company Operating Income 2022: $3.40B
American Electric Power Company operating income in 2022 was $3.40B, edged up 4.2% from 2021.
American Electric Power Company Operating Income 2021: $3.26B
American Electric Power Company operating income in 2021 was $3.26B.
See more financial history for American Electric Power Company (AEP).
Sector peers — Operating Income
Companies in the same sector as American Electric Power Company, ranked by their latest operating income.
| Company | Operating Income | Sector |
|---|---|---|
| Duke Energy Corporation (DUK) | $8.58B | Utilities |
| NextEra Energy, Inc. (NEE) | $8.28B | Utilities |
| The Southern Company (SO) | $7.27B | Utilities |
| Dominion Energy, Inc. (D) | $4.41B | Utilities |
| Sempra (SRE) | $3.25B | Utilities |
| Constellation Energy Corporation (CEG) | $3.09B | Utilities |
| GE Vernova Inc. (GEV) | $1.39B | Utilities |
| Vistra Corp. (VST) | $1.33B | Utilities |
Frequently asked questions
What is American Electric Power Company's operating income?
- Latest reported operating income for American Electric Power Company (AEP) is $5.30B (period ending December 31, 2025).
How has American Electric Power Company operating income changed year-over-year?
- American Electric Power Company (AEP) operating income changed +11.3% year-over-year on the latest annual filing.
What is the long-term growth rate of American Electric Power Company operating income?
- American Electric Power Company (AEP) operating income compound annual growth rate is +12.2% over the most recent 5 years available.
When did American Electric Power Company operating income hit its highest annual value?
- American Electric Power Company operating income reached its highest annual value of $5.30B in 2025.
What was American Electric Power Company operating income in 2024?
- American Electric Power Company (AEP) operating income in 2024 was $4.76B.
What was American Electric Power Company operating income in 2025?
- American Electric Power Company (AEP) operating income in 2025 was $5.30B.
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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