American Electric Power (AEP) Accumulated Depreciation (2009 - 2024)
American Electric Power (AEP) posted Accumulated Depreciation of $25.85 billion for Q3 2024, up 6.9% from $24.18 billion a year earlier and up 1.8% from the prior quarter.
American Electric Power (AEP) Accumulated Depreciation (2009 - 2024) Analysis & Trends
At the end of FY2023, American Electric Power's Accumulated Depreciation came in at $24.55 billion, up 3.7% from FY2022.
- Annual Accumulated Depreciation has increased for seven consecutive years, with a five-year compound annual growth rate of 6.4% (FY2018 to FY2023).
- In prior years, American Electric Power's Accumulated Depreciation was $23.68 billion in FY2022 (+13.8%), $20.81 billion in FY2021 (+1.9%), $20.41 billion in FY2020 (+7.4%) and $19.01 billion in FY2019 (+5.7%).
- The Q3 2024 figure stands as the highest quarterly Accumulated Depreciation in data going back to Q2 2009.
- On a year-over-year basis, Accumulated Depreciation has increased in each of the last 29 quarters, with growth averaging 8.2% over the last eight quarters.
- Over the past five years, the year-over-year growth in Accumulated Depreciation ranged from 1.7% (Q2 2022) to 13.8% (Q4 2022).
- According to Business Quant data, Accumulated Depreciation for the three prior quarters was $25.39 billion (Q2 2024), $25.04 billion (Q1 2024) and $24.55 billion (Q4 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Nextera Energy | 172.18 Bn | 170.30 Bn | - |
| 2 | Southern | 106.86 Bn | 97.91 Bn | 5.92 Bn |
| 3 | Duke Energy | 97.23 Bn | 95.83 Bn | 6.74 Bn |
| 4 | National Grid | 85.13 Bn | 57.46 Bn | - |
| 5 | American Electric Power | 70.60 Bn | 68.98 Bn | 3.84 Bn |
| 6 | Dominion Energy | 57.38 Bn | 60.06 Bn | - |
| 7 | Sempra | 54.97 Bn | 54.10 Bn | 2.89 Bn |
| 8 | Entergy | 50.09 Bn | 39.27 Bn | - |
| 9 | Xcel Energy | 48.73 Bn | 43.64 Bn | - |
| 10 | Exelon | 45.85 Bn | 41.17 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2024 | 25.85 Bn |
| Jun 30, 2024 | 25.39 Bn |
| Mar 31, 2024 | 25.04 Bn |
| Dec 31, 2023 | 24.55 Bn |
| Sep 30, 2023 | 24.18 Bn |
| Jun 30, 2023 | 23.73 Bn |
| Mar 31, 2023 | 23.36 Bn |
| Dec 31, 2022 | 23.68 Bn |
| Sep 30, 2022 | 22.29 Bn |
| Jun 30, 2022 | 21.76 Bn |
| Mar 31, 2022 | 21.30 Bn |
| Dec 31, 2021 | 20.81 Bn |
| Sep 30, 2021 | 21.88 Bn |
| Jun 30, 2021 | 21.39 Bn |
| Mar 31, 2021 | 20.92 Bn |
| Dec 31, 2020 | 20.41 Bn |
| Sep 30, 2020 | 20.12 Bn |
| Jun 30, 2020 | 19.78 Bn |
| Mar 31, 2020 | 19.37 Bn |
| Dec 31, 2019 | 19.01 Bn |
American Electric Power Accumulated Depreciation API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=accumulated-depreciation&ticker=AEP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "accumulated-depreciation", "ticker": "AEP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=accumulated-depreciation&ticker=AEP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();