$AEP Income Statement | Understand Stock

$AEP

$129.22 -$0.47 (0.36%) Close

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Financial Statements

Income Statement Balance Sheet Cashflow Statement

Consolidated statements of income

In millions of USD; shares in millions, except per-share amounts

	FY2025 12 months to Dec 31, 2025	FY2024 12 months to Dec 31, 2024	FY2023 12 months to Dec 31, 2023	FY2022 12 months to Dec 31, 2022	FY2021 12 months to Dec 31, 2021
REVENUES
Sales to AEP Affiliates
AEP Texas Inc.
AEP Transmission Co
Appalachian Power Co
Indiana Michigan Power Co
Ohio Power Co
Public Service Co Of Oklahoma
Southwestern Electric Power Co
Total sales to AEP Affiliates
Provision for Refund
Other Revenues - Affiliated
AEP Texas Inc.
AEP Transmission Co
Appalachian Power Co
Indiana Michigan Power Co
Ohio Power Co
Public Service Co Of Oklahoma
Southwestern Electric Power Co
Vertically Integrated Utilities Revenues
Transmission and Distribution Utilities Revenues
Generation & Marketing
Other Revenues
Other Revenues
Related Party
TOTAL REVENUES

EXPENSES
Purchased Electricity from AEP Affiliates
Indiana Michigan Power Co
Ohio Power Co

Amortization of Generation Deferrals
Purchased Electricity, Fuel and Other Consumables Used for Electric Generation
Other Operation
AEP Texas Inc.
AEP Transmission Co
Appalachian Power Co
Indiana Michigan Power Co
Ohio Power Co
Public Service Co Of Oklahoma
Southwestern Electric Power Co
Total other Operation
Maintenance
AEP Texas Inc.
AEP Transmission Co
Appalachian Power Co
Indiana Michigan Power Co
Ohio Power Co
Public Service Co Of Oklahoma
Southwestern Electric Power Co
Total maintenance
Loss on the Expected Sale of the Kentucky Operations
Asset Impairments and Other Related Charges
AEP Texas Inc.
Appalachian Power Co
Southwestern Electric Power Co
Kentucky Operations
Total asset Impairments and Other Related Charges

Establishment of 2017-2019 Virginia Triennial Review Regulatory Asset
Appalachian Power Co
Total establishment of 2017-2019 Virginia Triennial Review Regulatory Asset
Gain on Sale of Merchant Generation Assets
Gain (Loss) on Disposition Assets
Competitive Contracted Renewable Portfolio
Mineral Rights
Total gain (Loss) on Disposition Assets

Re-Establishment of Regulatory Asset - Coal Fired Generation
Gain on the Sale of Mineral Rights
Loss on the Sale of the Competitive Contracted Renewables Portfolio
Depreciation and Amortization
AEP Texas Inc.
AEP Transmission Co
Appalachian Power Co
Indiana Michigan Power Co
Ohio Power Co
Public Service Co Of Oklahoma
Southwestern Electric Power Co
Total depreciation and Amortization
Taxes Other Than Income Taxes
AEP Texas Inc.
AEP Transmission Co
Appalachian Power Co
Indiana Michigan Power Co
Ohio Power Co
Public Service Co Of Oklahoma
Southwestern Electric Power Co
Total taxes Other Than Income Taxes
AEP Texas Inc.
AEP Transmission Co
Appalachian Power Co
Indiana Michigan Power Co
Ohio Power Co
Public Service Co Of Oklahoma
Southwestern Electric Power Co
TOTAL EXPENSES

OPERATING INCOME
AEP Texas Inc.
AEP Transmission Co
Appalachian Power Co
Indiana Michigan Power Co
Ohio Power Co
Public Service Co Of Oklahoma
Southwestern Electric Power Co
Total oPERATING INCOME
Other Income (Expense):
Interest Income
AEP Texas Inc.
AEP Transmission Co
Appalachian Power Co
Ohio Power Co
Public Service Co Of Oklahoma
Southwestern Electric Power Co

Other Income
Indiana Michigan Power Co
Ohio Power Co
Total other Income
Carrying Costs Income
Allowance for Equity Funds Used During Construction
AEP Texas Inc.
AEP Transmission Co
Appalachian Power Co
Indiana Michigan Power Co
Ohio Power Co
Public Service Co Of Oklahoma
Southwestern Electric Power Co
Total allowance for Equity Funds Used During Construction
Non-Service Cost Components of Net Periodic Benefit Cost
AEP Texas Inc.
Appalachian Power Co
Indiana Michigan Power Co
Ohio Power Co
Public Service Co Of Oklahoma
Southwestern Electric Power Co
Total non-Service Cost Components of Net Periodic Benefit Cost
Interest Expense
AEP Texas Inc.
AEP Transmission Co
Appalachian Power Co
Indiana Michigan Power Co
Ohio Power Co
Public Service Co Of Oklahoma
Southwestern Electric Power Co
Total interest Expense

INCOME BEFORE INCOME TAX EXPENSE (BENEFIT) AND EQUITY EARNINGS
AEP Texas Inc.
AEP Transmission Co
Appalachian Power Co
Indiana Michigan Power Co
Ohio Power Co
Public Service Co Of Oklahoma
Southwestern Electric Power Co
Total iNCOME BEFORE INCOME TAX EXPENSE (BENEFIT) AND EQUITY EARNINGS
Income Tax Expense
AEP Texas Inc.
AEP Transmission Co
Appalachian Power Co
Indiana Michigan Power Co
Ohio Power Co
Public Service Co Of Oklahoma
Southwestern Electric Power Co
Total income Tax Expense
Equity Earnings of Unconsolidated Subsidiaries
Ohio Power Co
Southwestern Electric Power Co
Total equity Earnings of Unconsolidated Subsidiaries
NET INCOME
AEP Texas Inc.
AEP Transmission Co
Appalachian Power Co
Indiana Michigan Power Co
Ohio Power Co
Public Service Co Of Oklahoma
Southwestern Electric Power Co
Total nET INCOME
Net Income Attributable to Noncontrolling Interests
Southwestern Electric Power Co
Total net Income Attributable to Noncontrolling Interests
EARNINGS ATTRIBUTABLE TO AEP MEMBER, Basic
Southwestern Electric Power Co
Total eARNINGS ATTRIBUTABLE TO AEP MEMBER, Basic
EARNINGS ATTRIBUTABLE TO AEP MEMBER, Diluted
WEIGHTED AVERAGE NUMBER OF BASIC AEP COMMON SHARES OUTSTANDING (in shares)
TOTAL BASIC EARNINGS PER SHARE ATTRIBUTABLE TO AEP COMMON SHAREHOLDERS (in USD per share)
WEIGHTED AVERAGE NUMBER OF DILUTED AEP COMMON SHARES OUTSTANDING (in shares)
TOTAL DILUTED EARNINGS PER SHARE ATTRIBUTABLE TO AEP COMMON SHAREHOLDERS (in USD per share)
Provision for Refund-Affiliated
Provision for Refund-Nonaffiliated

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