OverviewSuggest Edit

American Electric Power (AEP) is a utility holding company that engages in the generation, transmission, and distribution of electricity for sale to retail and wholesale customers. The company generates electricity using coal and lignite, natural gas, nuclear, hydroelectric, solar, wind, and other energy sources. It also supplies and markets electric power at wholesale to other electric utility companies, rural electric cooperatives, municipalities, and other market participants.
TypePublic
Founded1906
HQColumbus, US
Websiteaep.com
Employee Ratings3.5

Latest Updates

Employees (est.) (Dec 2019)17,408
Job Openings55
Revenue (FY, 2019)$15.6 B(-3%)
Share Price (Oct 2020)$91.5 (+3%)
Cybersecurity ratingBMore

Key People/Management at American Electric Power

Nicholas K. Akins

Nicholas K. Akins

Chairman, President and Chief Executive Officer
Lisa M. Barton

Lisa M. Barton

Executive Vice President – Utilities for American Electric Power
Paul Chodak III

Paul Chodak III

Executive Vice President – Generation
David M. Feinberg

David M. Feinberg

Executive Vice President, General Counsel and Secretary
Lana L. Hillebrand

Lana L. Hillebrand

Executive Vice President & Chief Administrative Officer, American Electric Power
Charles Patton

Charles Patton

Executive Vice President – External Affairs, American Electric Power
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American Electric Power Office Locations

American Electric Power has offices in Columbus, Abilene, Ashland, Bridgman and in 26 other locations
Columbus, US (HQ)
AEP Building, 1 Riverside Plaza
Abilene, US
4550 Loop 322
Ashland, US
855 Central Ave #200
Bridgman, US
9970 Red Arrow Hwy
Buchanan, US
500 Circle Dr
Bucyrus, US
500 S Sandusky Ave
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American Electric Power Financials and Metrics

American Electric Power Revenue

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American Electric Power's revenue was reported to be $15.56 b in FY, 2019 which is a 3.9% decrease from the previous period.
USD

Revenue (Q2, 2020)

2.1b

Market capitalization (16-Oct-2020)

45.4b

Closing stock price (16-Oct-2020)

91.5
American Electric Power's current market capitalization is $45.4 b.
Annual
USDFY, 2017FY, 2018FY, 2019

Revenue

15.4b16.2b15.6b

Revenue growth, %

5%(4%)

Cost of goods sold

5.3b5.8b5.1b

Gross profit

10.1b10.4b10.5b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Revenue

4.0b4.0b4.3b4.1b3.6b4315.0t3.7b2.1b

Cost of goods sold

1.5b1.3b1.6b1.9b1.1b1415.1t1.2b

Gross profit

2.6b2.7b2.7b2.2b2.4b2899.9t2.6b

Gross profit Margin, %

63%67%62%54%68%67%69%
Annual
USDFY, 2017FY, 2018FY, 2019

Cash

214.6m234.1m246.8m

Accounts Receivable

1.9b1.9b1.7b

Inventories

953.2m921.1m1.2b

Current Assets

4.3b4.1b4.1b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Cash

183.4m211.2m788.3m22.8m210.5m348.8m1.6b

Accounts Receivable

1.9b2.3b2.1b1.9b1.8b1.8b1.7b

Inventories

922.8m915.6m847.9m9.5b1.0b1.1b1.2b

Current Assets

4.1b4.6b4.7b3.9b4.1b4.2b5.3b
Annual
USDFY, 2017FY, 2018FY, 2019

Net Income

1.9b1.9b1.9b

Depreciation and Amortization

2.0b2.3b2.5b

Inventories

17.9m20.7m(248.2m)

Accounts Payable

(58.0m)36.6m5.8m
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Net Income

456.7m986.8m1.6b574.1m1.0b1.8b499.3m1.0b

Depreciation and Amortization

539.7m1.1b1.7b605.8m1.2b1.9b672.2m

Inventories

28.5m31.2m98.7m(26.4m)(114.6m)(116.6m)(35.8m)(120.3m)

Accounts Payable

(129.3m)(53.6m)(45.0m)(152.6m)(72.4m)(32.4m)(111.1m)(64.7m)
USDFY, 2017

EV/EBIT

16.5 x

EV/CFO

13.8 x

EV/FCF

-41.4 x

Revenue/Employee

873.1k

Debt/Equity

1.2 x

Debt/Assets

0.4 x

Financial Leverage

3.5 x

P/E Ratio

18.8
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American Electric Power Operating Metrics

FY, 2017FY, 2018FY, 2019

Distribution Lines, circuit miles

219 k220 k221 k

Electric Energy Delivered, kWh

31.55 b32.02 b31.96 b

Transmission Lines, circuit miles

40 k40 k40 k

Net Generating Capacity, MW

24.18 k25.01 k24.06 k
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American Electric Power Acquisitions / Subsidiaries

Company NameDateDeal Size
BlueStar Energy SolutionsJanuary 05, 2012
Memco Barge LineNovember 01, 2001
Central and South West CorpJanuary 01, 1997
AEP Energy Supply LLC
AEP Generating Company
AEP Generation Resources Inc.
AEP Texas Central Transition Funding III LLC
AEP Texas Central Transition Funding II LLC
AEP Texas Inc.
AEP Texas North Generation Company LLC
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American Electric Power Cybersecurity Score

Cybersecurity ratingPremium dataset

B

85/100

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American Electric Power Revenue Breakdown

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American Electric Power revenue breakdown by business segment: 11.1% from Generation & Marketing, 27.8% from Transmission and Distribution Utilities, 59.4% from Vertically Integrated Utilities and 1.8% from Other

American Electric Power Online and Social Media Presence

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American Electric Power News and Updates

AEP Deadline: Bronstein, Gewirtz & Grossman, LLC Reminds American Electric Power, Inc. Shareholders of Class Action and Lead Plaintiff Deadline: October 19, 2020

NEW YORK, Oct. 13, 2020 (GLOBE NEWSWIRE) -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against American Electric Power, Inc. ("AEP" or the "Company") (NYSE: AEP) and certain of its officers, on behalf of shareholders…

Portnoy Law: Lawsuit Filed On Behalf of American Electric Power Company, Inc. Investors

Investors with a $100,000 or more in losses are encouraged to contact the firm. Investors with a $100,000 or more in losses are encouraged to contact the firm.

ROSEN, A TOP RANKED LAW FIRM, Reminds American Electric Power Company, Inc. Investors of Important Deadline in Securities Class Action First Filed by the Firm– AEP

NEW YORK, Oct. 05, 2020 (GLOBE NEWSWIRE) -- Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of American Electric Power Company, Inc. (NYSE: AEP) between November 2, 2016 and July 24, 2020, inclusive (the “Class Period”), of the important October 19, 2020 lea…

AEP STOCK ALERT: Zhang Investor Law Announces Securities Class Action Lawsuit Against American Electric Power Company, Inc. – AEP

NEW YORK, Sept. 25, 2020 (GLOBE NEWSWIRE) -- Zhang Investor Law announces a class action lawsuit on behalf of shareholders who bought shares of American Electric Power Company, Inc. (NYSE: AEP) between November 2, 2016 and July 24, 2020, inclusive (the “Class Period”). The lawsuit seeks to recover…

AEP Shareholder Alert: Bronstein, Gewirtz & Grossman, LLC Reminds American Electric Power, Inc. Investors of Class Action and Encourages Investors to Contact the Firm

NEW YORK, Sept. 21, 2020 (GLOBE NEWSWIRE) -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against American Electric Power, Inc. ("AEP" or the "Company") (NYSE: AEP) and certain of its officers, on behalf of shareholder…

AMERICAN ENERGY SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Reminds Investors with Losses in Excess of $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against American Electric Power, Inc. - AEP

NEW ORLEANS, Aug. 21, 2020 /PRNewswire/ -- Kahn Swick & Foti, LLC ("KSF") and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until October 19, 2020 to file lead plaintiff applications in a securities class action lawsuit against...
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American Electric Power Blogs

AEP Renewables Purchases Invenergy Share of Desert Sky and Trent Mesa

American Electric Power’s (NYSE: AEP) competitive renewable energy subsidiary, AEP Renewables, has completed the purchase of Invenergy’s 20.1% interest in the Desert Sky and Trent Mesa wind facilities in Texas. AEP Renewables and Invenergy have jointly owned the facilities since 2018. The terms of t…

AEP Announces Pricing of Equity Units to Fund Capital Investment Plan, Repay Debt and Other General Corporate Purposes

AEP today announced that the company has priced its offering of 15 million equity units or $750 million stated amount. The transaction is expected to close Aug. 14, subject to customary closing conditions.

AEP Recognized as One of America's Best Employers for Women

American Electric Power has been named one of America’s Best Employers for Women by Forbes and Statista. The company is one of 300 organizations identified as being well-liked by female employees.

Statement From AEP about Investigation of Ohio H.B. 6

Nicholas K. Akins, American Electric Power Chairman, President and Chief Executive Officer, issued the following statement today regarding the investigation surrounding Ohio House Bill 6.

AEP Named Top Scoring Company on 2020 Disability Equality Index

American Electric Power has been named a Best Place to Work for Disability Inclusion for the fifth year in a row.

AEP to Proceed with Full $2 Billion Investment in Wind Projects to Benefit Customers in Three States, Despite Texas Commission Decision

Projects will serve customers in Arkansas, Louisiana and Oklahoma, saving them approximately $3 billion over 30 years While the Public Utility Commission of Texas today denied approval of Southwestern Electric Power Co.’s (SWEPCO) plan to add 309 megawatts (MW) of wind energy to serve Texas custome…
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American Electric Power Frequently Asked Questions

  • When was American Electric Power founded?

    American Electric Power was founded in 1906.

  • Who are American Electric Power key executives?

    American Electric Power's key executives are Nicholas K. Akins, Lisa M. Barton and Paul Chodak III.

  • How many employees does American Electric Power have?

    American Electric Power has 17,408 employees.

  • What is American Electric Power revenue?

    Latest American Electric Power annual revenue is $15.6 b.

  • What is American Electric Power revenue per employee?

    Latest American Electric Power revenue per employee is $893.9 k.

  • Who are American Electric Power competitors?

    Competitors of American Electric Power include Vistra, FirstEnergy and NRG Energy.

  • Where is American Electric Power headquarters?

    American Electric Power headquarters is located at AEP Building, 1 Riverside Plaza, Columbus.

  • Where are American Electric Power offices?

    American Electric Power has offices in Columbus, Abilene, Ashland, Bridgman and in 26 other locations.

  • How many offices does American Electric Power have?

    American Electric Power has 32 offices.