American Electric Power (AEP) Tax Rate (2009 - 2026)
American Electric Power's Tax Rate was 9.48% in Q3 2026, down 2.95 percentage points from 12.43% a year earlier but up 2.73 percentage points from the prior quarter.
American Electric Power (AEP) Tax Rate (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, American Electric Power's Tax Rate was 9.08% through Sep 30, 2026, up 7.16 percentage points year-over-year; for FY2025, it was 3.46%.
- Tax Rate shows a five-year change of +1.58 percentage points (FY2020 to FY2025).
- In earlier years, Tax Rate was 2.49% in FY2023 (+2.27 pp), 0.22% in FY2022 (-4.38 pp) and 4.60% in FY2021 (+2.71 pp).
- Quarterly Tax Rate has moved between 2.07% (Q2 2024) and 16.57% (Q4 2025) over five years.
- Compared with a year earlier, Tax Rate was higher in two of the last four quarters, with an average year-over-year change of +1.13 percentage points.
- The best year-over-year quarter for Tax Rate over five years was Q3 2025 (a gain of 8.61 percentage points); the worst was Q1 2026 (a drop of 9.29 percentage points).
- Per Business Quant data, AEP's Tax Rate in the three quarters before Q3 2026 was 6.75% (Q2 2026), 4.77% (Q1 2026) and 16.57% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Nextera Energy | 182.89 Bn | 169.63 Bn | - | 13.16% |
| 2 | Southern | 104.75 Bn | 95.81 Bn | 5.92 Bn | 13.60% |
| 3 | Duke Energy | 99.94 Bn | 96.19 Bn | 5.66 Bn | 12.26% |
| 4 | National Grid | 82.76 Bn | 55.05 Bn | - | - |
| 5 | American Electric Power | 68.91 Bn | 66.71 Bn | 4.75 Bn | 9.48% |
| 6 | Dominion Energy | 60.71 Bn | 58.70 Bn | - | 16.49% |
| 7 | Entergy | 52.12 Bn | 38.56 Bn | - | 22.76% |
| 8 | Sempra | 51.42 Bn | 50.54 Bn | 2.89 Bn | 22.09% |
| 9 | Xcel Energy | 50.36 Bn | 43.84 Bn | - | 6.71% |
| 10 | Exelon | 47.13 Bn | 42.44 Bn | - | 20.00% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 9.48% |
| Jun 30, 2026 | 6.75% |
| Mar 31, 2026 | 4.77% |
| Dec 31, 2025 | 16.53% |
| Sep 30, 2025 | 12.41% |
| Mar 31, 2025 | 14.06% |
| Dec 31, 2024 | 8.41% |
| Sep 30, 2024 | 3.82% |
| Jun 30, 2024 | 2.07% |
| Sep 30, 2023 | 6.41% |
| Jun 30, 2023 | 5.44% |
| Mar 31, 2023 | 2.66% |
| Jun 30, 2022 | 7.30% |
| Mar 31, 2022 | 6.99% |
| Sep 30, 2021 | 8.21% |
| Jun 30, 2021 | 10.12% |
| Mar 31, 2021 | 9.01% |
| Jun 30, 2020 | 2.48% |
| Mar 31, 2020 | 9.01% |
| Sep 30, 2019 | 5.35% |
American Electric Power Tax Rate 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=tax-rate&ticker=AEP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=AEP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();