American Electric Power (AEP) Capital Expenditures (2009 - 2026)
American Electric Power (AEP) reported Capital Expenditures of $2.78 billion for Q2 2026, up 44.6% from $1.92 billion a year earlier but down 1.9% from the prior quarter.
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Analysis
American Electric Power (AEP) Capital Expenditures (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, American Electric Power's Capital Expenditures came in at $10.04 billion, up 20.5% year-over-year; for FY2025, it came in at $8.45 billion, up 10.8% from FY2024.
- Capital Expenditures has increased for four consecutive years, with a five-year compound annual growth rate of 6.2% (FY2020 to FY2025).
- By year, Capital Expenditures came in at $7.63 billion in FY2024 (+3.4%), $7.38 billion in FY2023 (+10.6%), $6.67 billion in FY2022 (+17.9%) and $5.66 billion in FY2021 (-9.4%).
- Five-year quarterly Capital Expenditures spans a low of $1.3 billion in Q3 2021 and a high of $2.83 billion in Q1 2026.
- Year over year, Capital Expenditures gained in seven of the last eight quarters, with growth averaging 23.6%.
- The high point for year-over-year Capital Expenditures in five years was Q4 2024 (growth of 52.9%); the low point was Q2 2024 (a decline of 20.6%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $2.83 billion (Q1 2026), $2.45 billion (Q4 2025) and $1.98 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Nextera Energy | 162.78 Bn | 152.72 Bn | - | 2.73 Bn |
| 2 | Southern | 100.19 Bn | 91.25 Bn | 5.92 Bn | 3.70 Bn |
| 3 | Duke Energy | 91.91 Bn | 88.50 Bn | 6.74 Bn | 4.09 Bn |
| 4 | National Grid | 77.40 Bn | 49.69 Bn | - | - |
| 5 | American Electric Power | 68.36 Bn | 65.53 Bn | 3.84 Bn | 2.78 Bn |
| 6 | Dominion Energy | 54.82 Bn | 52.81 Bn | - | 2.78 Bn |
| 7 | Sempra | 53.87 Bn | 52.99 Bn | 2.89 Bn | 2.23 Bn |
| 8 | Entergy | 48.18 Bn | 37.31 Bn | - | 2.78 Bn |
| 9 | Xcel Energy | 46.63 Bn | 41.53 Bn | - | 2.95 Bn |
| 10 | Exelon | 43.40 Bn | 38.71 Bn | - | 2.20 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.78 Bn |
| Mar 31, 2026 | 2.83 Bn |
| Dec 31, 2025 | 2.45 Bn |
| Sep 30, 2025 | 1.98 Bn |
| Jun 30, 2025 | 1.92 Bn |
| Mar 31, 2025 | 2.10 Bn |
| Dec 31, 2024 | 2.46 Bn |
| Sep 30, 2024 | 1.85 Bn |
| Jun 30, 2024 | 1.56 Bn |
| Mar 31, 2024 | 1.76 Bn |
| Dec 31, 2023 | 1.61 Bn |
| Sep 30, 2023 | 1.72 Bn |
| Jun 30, 2023 | 1.96 Bn |
| Mar 31, 2023 | 2.09 Bn |
| Dec 31, 2022 | 1.92 Bn |
| Sep 30, 2022 | 1.61 Bn |
| Jun 30, 2022 | 1.45 Bn |
| Mar 31, 2022 | 1.69 Bn |
| Dec 31, 2021 | 1.57 Bn |
| Sep 30, 2021 | 1.30 Bn |
API Access
American Electric Power Capital Expenditures 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=capital-expenditures&ticker=AEP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "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=capital-expenditures&ticker=AEP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();