American Electric Power (AEP) Return on Invested Capital [ROIC] (2009 - 2026)
American Electric Power (AEP) recorded Return on Invested Capital [ROIC] of 5.55% in Q2 2026, down 1.26 percentage points from 6.81% a year earlier and down 0.91 percentage points from the prior quarter.
American Electric Power (AEP) Return on Invested Capital [ROIC] (2009 - 2026) Analysis & Trends
For FY2025, American Electric Power reported Return on Invested Capital [ROIC] of 6.70%, up 0.57 percentage points from FY2024.
- Annual Return on Invested Capital [ROIC] has a five-year change of +1.06 percentage points (FY2020 to FY2025).
- Across earlier years, Return on Invested Capital [ROIC] came in at 6.13% in FY2024 (+0.93 pp), 5.20% in FY2023 (-0.41 pp), 5.61% in FY2022 (-0.14 pp) and 5.76% in FY2021 (+0.11 pp).
- The Q2 2026 figure is the lowest quarterly Return on Invested Capital [ROIC] since Q3 2024.
- On a year-over-year basis, Return on Invested Capital [ROIC] rose in six of the last eight quarters, with an average year-over-year change of +0.44 percentage points.
- Peak year-over-year performance for Return on Invested Capital [ROIC] in the last five years was a gain of 1.31 percentage points in Q2 2025, against a drop of 1.36 percentage points in Q2 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 6.45% (Q1 2026), 6.43% (Q4 2025) and 6.67% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 287.73 Bn | 287.73 Bn | 890.00 Mn | - |
| 2 | Nextera Energy | 160.25 Bn | 161.15 Bn | - | 4.94% |
| 3 | Southern | 96.31 Bn | 87.36 Bn | 5.92 Bn | 5.14% |
| 4 | Duke Energy | 88.79 Bn | 87.40 Bn | 6.74 Bn | 5.41% |
| 5 | National Grid | 79.16 Bn | 60.69 Bn | - | - |
| 6 | American Electric Power | 65.09 Bn | 63.47 Bn | 3.84 Bn | 5.55% |
| 7 | Dominion Energy | 53.95 Bn | 56.63 Bn | - | 3.52% |
| 8 | Sempra | 51.22 Bn | 50.35 Bn | 2.89 Bn | 3.27% |
| 9 | Entergy | 47.09 Bn | 36.28 Bn | - | 4.68% |
| 10 | Xcel Energy | 44.58 Bn | 39.49 Bn | - | 4.49% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.55% |
| Mar 31, 2026 | 6.45% |
| Dec 31, 2025 | 6.43% |
| Sep 30, 2025 | 6.67% |
| Jun 30, 2025 | 6.81% |
| Mar 31, 2025 | 5.58% |
| Dec 31, 2024 | 6.04% |
| Sep 30, 2024 | 5.46% |
| Jun 30, 2024 | 5.50% |
| Mar 31, 2024 | 5.85% |
| Dec 31, 2023 | 5.11% |
| Sep 30, 2023 | 5.11% |
| Jun 30, 2023 | 4.55% |
| Mar 31, 2023 | 4.86% |
| Dec 31, 2022 | 5.46% |
| Sep 30, 2022 | 5.76% |
| Jun 30, 2022 | 5.91% |
| Mar 31, 2022 | 5.72% |
| Dec 31, 2021 | 5.50% |
| Sep 30, 2021 | 5.23% |
American Electric Power Return on Invested Capital [ROIC] 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=return-on-invested-capital-%5Broic%5D&ticker=AEP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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=return-on-invested-capital-%5Broic%5D&ticker=AEP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();