Craft

American Electric Power

Stock Price

$77.5

2023-09-01

Market Capitalization

$39.9 B

2023-09-01

Revenue

$19.6 B

FY, 2022

American Electric Power Summary

Company Summary

Overview
American Electric Power (AEP) is a utility holding company that generates, transmits, and distributes electricity to retail and wholesale customers. It generates electricity using coal and lignite, natural gas, nuclear, hydroelectric, solar, wind, and other energy sources. The company also supplies and markets electric power wholesale to other electric utility companies, rural electric cooperatives, municipalities, and other market participants. 
Type
Public
Status
Active
Founded
1906
HQ
Columbus, OH, US | view all locations
Website
https://aep.com/
Cybersecurity rating
ESG rating
50-59 out of 100|View all ESG data
Sectors

Key People

  • Nicholas K. Akins

    Nicholas K. Akins, Chairman, President, Chief Executive Officer

    • Lisa M. Barton

      Lisa M. Barton, Executive Vice President, Chief Operating Officer

    • Paul Chodak III

      Paul Chodak III, Executive Vice President – Generation

    • David M. Feinberg

      David M. Feinberg, Executive Vice President, General Counsel, Secretary

    Operating MetricsView all

    Customers

    5.6M
    1.8%

    FY, 2022

    Transmission and Distribution Lines (AEP Transmission Holdco), circuit miles

    6.1K
    7.9%

    FY, 2022

    Transmission and Distribution Lines (Transmission and Distribution Utilities), circuit miles

    91.1K

    FY, 2022

    LocationsView all

    34 locations detected

    • Columbus, OH HQ

      United States

      AEP Building, 1 Riverside Plaza

    • Abilene, TX

      United States

      4550 Loop 322

    • Ashland, KY

      United States

      1645 Winchester Ave

    • Bridgman, MI

      United States

      9970 Red Arrow Hwy

    • Buchanan, MI

      United States

      500 Circle Dr

    • Canton, OH

      United States

      301 Cleveland Ave SW

    and 28 others

    American Electric Power Financials

    Summary Financials

    Revenue (Q2, 2023)
    $4.4B
    Net income (Q2, 2023)
    $516.1M
    Cash (Q2, 2023)
    $304.9M
    EBIT (Q2, 2023)
    $874.7M
    Enterprise value
    $79.8B

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