American Electric Power (AEP) Operating Margin (2009 - 2026)
American Electric Power (AEP) reported Operating Margin of 22.90% for Q2 2026, down 4.60 percentage points from 27.50% a year earlier but up 0.31 percentage points from the prior quarter.
Powered by 
Analysis
American Electric Power (AEP) Operating Margin (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, American Electric Power's Operating Margin came in at 23.00%, down 1.82 percentage points year-over-year; for FY2025, it was 24.31%, up 2.49 percentage points from FY2024.
- Operating Margin has increased for three consecutive years, with a five-year change of +4.29 percentage points (FY2020 to FY2025).
- By year, Operating Margin came in at 21.82% in FY2024 (+3.09 pp), 18.73% in FY2023 (+1.00 pp), 17.73% in FY2022 (-2.58 pp) and 20.32% in FY2021 (+0.29 pp).
- Five-year quarterly Operating Margin spans a low of 11.47% in Q4 2022 and a high of 27.50% in Q2 2025.
- Year over year, Operating Margin has now declined in each of the last three quarters, with an average year-over-year change of +1.82 percentage points over the last eight quarters.
- The high point for year-over-year Operating Margin in five years was Q2 2025 (a gain of 12.57 percentage points); the low point was Q3 2022 (a drop of 7.12 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 22.59% (Q1 2026), 20.96% (Q4 2025) and 25.31% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Nextera Energy | 162.78 Bn | 152.72 Bn | - | 29.71% |
| 2 | Southern | 100.19 Bn | 91.25 Bn | 5.92 Bn | 25.46% |
| 3 | Duke Energy | 91.91 Bn | 88.50 Bn | 6.74 Bn | 29.69% |
| 4 | National Grid | 77.40 Bn | 49.69 Bn | - | - |
| 5 | American Electric Power | 68.36 Bn | 65.53 Bn | 3.84 Bn | 22.90% |
| 6 | Dominion Energy | 54.82 Bn | 52.81 Bn | - | 7.34% |
| 7 | Sempra | 53.87 Bn | 52.99 Bn | 2.89 Bn | 23.72% |
| 8 | Entergy | 48.18 Bn | 37.31 Bn | - | 24.13% |
| 9 | Xcel Energy | 46.63 Bn | 41.53 Bn | - | 22.64% |
| 10 | Exelon | 43.40 Bn | 38.71 Bn | - | 16.41% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 22.90% |
| Mar 31, 2026 | 22.59% |
| Dec 31, 2025 | 20.96% |
| Sep 30, 2025 | 25.31% |
| Jun 30, 2025 | 27.50% |
| Mar 31, 2025 | 23.50% |
| Dec 31, 2024 | 23.34% |
| Sep 30, 2024 | 24.93% |
| Jun 30, 2024 | 14.93% |
| Mar 31, 2024 | 23.33% |
| Dec 31, 2023 | 13.62% |
| Sep 30, 2023 | 25.33% |
| Jun 30, 2023 | 20.00% |
| Mar 31, 2023 | 15.02% |
| Dec 31, 2022 | 11.47% |
| Sep 30, 2022 | 16.83% |
| Jun 30, 2022 | 21.65% |
| Mar 31, 2022 | 21.52% |
| Dec 31, 2021 | 16.83% |
| Sep 30, 2021 | 23.95% |
API Access
American Electric Power Operating Margin 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-margin&ticker=AEP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "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-margin&ticker=AEP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();