Company Analysis

American Electric Power Company, Inc. (AEP)

Nasdaq: AEP · Electric Services · Columbus, OH · filing with the SEC since 1994
Grade5.4
◀ Past 3.9● Present 5.3▶ Future 7.0

The grade of American Electric Power Company, Inc.

Nine metrics read from its own filings, by tense
Headline grade
5.4/10
◀ Past3.925% of the headline
● Present5.345% of the headline
▶ Future7.030% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

All nine metrics read as filed from the record.

◀ Past

What did they actually do?

3.9/1025% of the headline grade · 3 of 3 filed

Surviving crises

as filed
2.0/10

Has it survived what it has been through?

2 warning events since 2017; the latest 2020-09-16.

weight 45% of this tense · 20th percentile among 59 sector filers · read for itself

From the record

American Electric Power Company, Inc.'s filings since 2017 show 2 warning events: a notice about its exchange listing (8-K item 3.01, 2 times, the latest 2020-09-16) (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
4.7/10

What has it actually done, year after year?

+3.3% a year over 10 filed years; profitable in 10 of 10.

weight 22% of this tense · 47th percentile among 51 sector filers · read for its customers

From the record

American Electric Power Company, Inc.'s 10 filed years say what it did: revenue went from $16 billion in fiscal 2016 to $22 billion in fiscal 2025, up 3.3% a year; it rose in 5 of 9 years; the deepest fall was 9% from fiscal 2016 to fiscal 2020; net income was positive in 10 of 10 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span3.3%bottom 23% of its family
  • the share of years revenue rosebottom 21% of its family
  • the share of filed years with a profittop 17% of its family
  • the deepest fall from a revenue peak8.9%top 38% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed
5.9/10

How has it treated the people who own it?

Share count grew 1.5% a year. 30% of cash flow returned. Insiders: 6 sales, 0 purchases.

weight 33% of this tense · 59th percentile among 39 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2025-12-31, American Electric Power Company, Inc.'s diluted share count grew about 1.5% a year, and dividends and buybacks returned about 30% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 6 sales (5 under scheduled 10b5-1 plans) and 0 purchases of their own stock on the open market in the year to 2026-11-09 (their Form 4 filings).

What it rests on

  • the share count over the yearsbottom 47% of its family
  • cash returned against operating cash flowtop 29% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

5.3/1045% of the headline grade · 3 of 3 filed

Financial health

as filed
5.5/10

Is it financially healthy right now?

ROE 11%: 11¢ of profit per shareholder dollar. Leverage 72%: owes 72¢ per asset dollar.

weight 45% of this tense · 56th percentile among 53 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, American Electric Power Company, Inc. earned about 11 cents of profit for every dollar of shareholders' money. Leverage: it owed about 72 cents per dollar of assets, and net share issuance: its share count grew 1.2% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetsbottom 46% of its family
  • return on equitytop 24% of its family
  • the share count against the year beforebottom 45% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
6.9/10

How strong is its position in its industry?

top 31% of 52 in its family; net margin 16.9%.

weight 33% of this tense · 69th percentile among 52 sector filers · read for its customers

From the record

American Electric Power Company, Inc.'s standing among 52 graded names in its industry family: revenue of $22 billion in fiscal 2025 ranks in the top 12% by size; a net margin of 16.9% ranks in the top 22%; revenue growth of 3.7% a year over the last 3 filed years ranks in the bottom 39% (its annual reports).

What it rests on

  • revenue against the family$21.88Btop 12% of its family
  • net margin16.9%top 22% of its family
  • three-year revenue growth3.7%bottom 39% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
2.3/10

What are the people in charge doing?

bottom 23% of 30 in its family for leadership; chief executive since 2024.

weight 22% of this tense · 23rd percentile among 30 sector filers · read for its shareholders

From the record

American Electric Power Company, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Fehrman, William (CEO and President, as filed), filing under that title since 2024-08-01, 2.3 years (bottom 30% of its family); the 24 officers and directors filing in the last fifteen months have been on the record a median of 2.7 years (bottom 18%); 15 officer or director changes were reported on Form 8-K since 2023-11-13, against the 24 people in charge now (bottom 20%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge15 in three years among 24 peoplebottom 20% of its family
  • the median years the people in charge have filed2.7 yearsbottom 18% of its family
  • the chief executive's years on the record2.3 yearsbottom 30% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

7.0/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
5.6/10

How much room does it have to grow?

top 44% of 47 in its family for room to expand.

weight 22% of this tense · 56th percentile among 47 sector filers · read for itself

From the record

American Electric Power Company, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $197 million against debt of $44 billion leaves -38.4% of its assets as net cash, bottom 32% of its family; cash from operations less capital spending is 16% of revenue (top 20%) (its annual report).

What it rests on

  • cash less debt against assets-38.4%bottom 32% of its family
  • cash from operations less capital spending against revenue16.0%top 20% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
7.8/10

What could actually drive growth from here?

top 22% of 51 in its family for growth drivers.

weight 45% of this tense · 78th percentile among 51 sector filers · read for its customers

From the record

American Electric Power Company, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew 3.7% a year over the last three filed years against 3.3% over all 10, speeding up (top 36% of its family); the newest year grew 10.9% (top 26%); capital spending grew 371.5% a year (top 3%) (its annual reports). American Electric Power Company, Inc. reported 4 product lines in fiscal 2025: Electricity at $13 billion (57%), Transmission and Distribution Utilities Revenues at $6.1 billion (28%), Generation and Marketing Revenues at $2.7 billion (12%), and 1 more; 4 of 4 grew against the year before (its annual report).

What it rests on

  • three-year growth against the whole span+0.4 points a yeartop 36% of its family
  • the newest year's revenue growth10.9%top 26% of its family
  • three-year growth of capital spending371.5%top 3% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
6.8/10

Did its newest year beat what its own record pointed to?

top 31% of 49 in its family for expectations against reality.

weight 33% of this tense · 69th percentile among 49 sector filers · read for its shareholders

From the record

American Electric Power Company, Inc.'s newest year against its own record: revenue of $22 billion in fiscal 2025 came in 10.7% above the $20 billion its prior three years' pace pointed to (top 25% of its family); net income of $3.7 billion against a prior three-year average of $2.5 billion (top 36%); a net margin of 16.9% against 12.8% before (top 34%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace10.7%top 25% of its family
  • net income against the prior three years' average+48%top 36% of its family
  • net margin against its prior average+4.1 pointstop 34% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton AEP · research, not advice