American Electric Power AEP
NASDAQ AEP
$126.53 -0.24 (-0.19%)
At close: Nov 6, 2026 · 4:00 PM EST

American Electric Power (AEP) Return on Invested Capital [ROIC] (2009 - 2026)

Updated

American Electric Power (AEP) recorded Return on Invested Capital [ROIC] of 5.76% in Q3 2026, down 0.91 percentage points from 6.68% a year earlier but up 0.22 percentage points from the prior quarter.

Analysis

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).
  • Quarterly Return on Invested Capital [ROIC] has ranged from 4.55% in Q2 2023 to 6.81% in Q2 2025 over the past five years.
  • On a year-over-year basis, Return on Invested Capital [ROIC] rose in five of the last eight quarters, with an average year-over-year change of +0.28 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 5.54% (Q2 2026), 6.45% (Q1 2026) and 6.43% (Q4 2025).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROIC (Qtr)
1 Nextera Energy 181.60 Bn 168.35 Bn - 4.66%
2 Southern 104.77 Bn 95.83 Bn 5.92 Bn 4.81%
3 Duke Energy 99.63 Bn 95.89 Bn 5.66 Bn 5.43%
4 National Grid 82.14 Bn 54.44 Bn - -
5 American Electric Power 68.86 Bn 66.65 Bn 4.75 Bn 5.76%
6 Dominion Energy 60.31 Bn 58.30 Bn - 3.52%
7 Entergy 51.91 Bn 38.35 Bn - 5.06%
8 Sempra 51.13 Bn 50.25 Bn 2.89 Bn 1.80%
9 Xcel Energy 50.13 Bn 43.61 Bn - 4.99%
10 Exelon 46.75 Bn 42.07 Bn - 5.38%
Historic Data

Historic Data

Download Data
DateValue
Sep 30, 2026 5.76%
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%
API Access

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