American Electric Power (AEP) Operating Income (2009 - 2026)
American Electric Power (AEP) recorded Operating Income of $1.81 billion in Q3 2026, up 19.1% from $1.52 billion a year earlier and up 45.3% from the prior quarter.
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Analysis
American Electric Power (AEP) Operating Income (2009 - 2026) Analysis & Trends
On a TTM basis, American Electric Power's Operating Income came in at $5.53 billion as of Sep 30, 2026, up 4.4% year-over-year; for FY2025, it was $5.32 billion, up 23.6% from FY2024.
- Annual Operating Income has increased for six straight years, with a five-year compound annual growth rate of 12.2% (FY2020 to FY2025).
- Across earlier years, Operating Income came in at $4.3 billion in FY2024 (+21.0%), $3.56 billion in FY2023 (+2.1%), $3.48 billion in FY2022 (+2.1%) and $3.41 billion in FY2021 (+14.2%).
- The Q3 2026 figure is the highest quarterly Operating Income in data going back to Q1 2009.
- On a year-over-year basis, Operating Income rose in seven of the last eight quarters, with growth averaging 27.3%.
- Peak year-over-year performance for Operating Income in the last five years was growth of 104.6% in Q2 2025, against a decline of 28.7% in Q1 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $1.25 billion (Q2 2026), $1.36 billion (Q1 2026) and $1.11 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Nextera Energy | 181.60 Bn | 168.35 Bn | - | 2.62 Bn |
| 2 | Southern | 104.77 Bn | 95.83 Bn | 5.92 Bn | 1.78 Bn |
| 3 | Duke Energy | 99.63 Bn | 95.89 Bn | 5.66 Bn | 2.05 Bn |
| 4 | National Grid | 82.14 Bn | 54.44 Bn | - | - |
| 5 | American Electric Power | 68.86 Bn | 66.65 Bn | 4.75 Bn | 1.81 Bn |
| 6 | Dominion Energy | 60.31 Bn | 58.30 Bn | - | 329.00 Mn |
| 7 | Entergy | 51.91 Bn | 38.35 Bn | - | 1.48 Bn |
| 8 | Sempra | 51.13 Bn | 50.25 Bn | 2.89 Bn | 523.00 Mn |
| 9 | Xcel Energy | 50.13 Bn | 43.61 Bn | - | 1.19 Bn |
| 10 | Exelon | 46.75 Bn | 42.07 Bn | - | 979.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 1.81 Bn |
| Jun 30, 2026 | 1.25 Bn |
| Mar 31, 2026 | 1.36 Bn |
| Dec 31, 2025 | 1.11 Bn |
| Sep 30, 2025 | 1.52 Bn |
| Jun 30, 2025 | 1.40 Bn |
| Mar 31, 2025 | 1.28 Bn |
| Dec 31, 2024 | 1.10 Bn |
| Sep 30, 2024 | 1.35 Bn |
| Jun 30, 2024 | 683.90 Mn |
| Mar 31, 2024 | 1.17 Bn |
| Dec 31, 2023 | 623.20 Mn |
| Sep 30, 2023 | 1.35 Bn |
| Jun 30, 2023 | 874.70 Mn |
| Mar 31, 2023 | 704.80 Mn |
| Dec 31, 2022 | 560.10 Mn |
| Sep 30, 2022 | 930.10 Mn |
| Jun 30, 2022 | 1.00 Bn |
| Mar 31, 2022 | 988.10 Mn |
| Dec 31, 2021 | 683.70 Mn |
API Access
American Electric Power Operating Income 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=operating-income&ticker=AEP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "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=operating-income&ticker=AEP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();