American Electric Power (AEP) Total Debt (2009 - 2026)
American Electric Power's Total Debt was $52.84 billion in Q2 2026, up 14.8% from $46.03 billion a year earlier and up 3.4% from the prior quarter.
American Electric Power (AEP) Total Debt (2009 - 2026) Analysis & Trends
At the end of FY2025, Total Debt at American Electric Power came in at $48.83 billion, up 8.1% from FY2024.
- Total Debt has now increased for 14 consecutive years, with a five-year compound annual growth rate of 7.8% (FY2020 to FY2025).
- In earlier years, Total Debt was $45.17 billion in FY2024 (+5.1%), $42.97 billion in FY2023 (+5.0%), $40.91 billion in FY2022 (+13.4%) and $36.07 billion in FY2021 (+7.5%).
- The Q2 2026 figure marks the highest quarterly Total Debt in data going back to Q2 2009.
- Compared with a year earlier, Total Debt has increased for eight straight quarters, with growth averaging 7.7% over the last eight quarters.
- The best year-over-year quarter for Total Debt over five years was Q2 2023 (growth of 17.1%); the worst was Q2 2024 (a decline of 0.6%).
- Per Business Quant data, AEP's Total Debt in the three quarters before Q2 2026 was $51.11 billion (Q1 2026), $48.83 billion (Q4 2025) and $47.3 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Nextera Energy | 162.78 Bn | 152.72 Bn | - | 108.46 Bn |
| 2 | Southern | 100.19 Bn | 91.25 Bn | 5.92 Bn | 75.58 Bn |
| 3 | Duke Energy | 91.91 Bn | 88.50 Bn | 6.74 Bn | 90.25 Bn |
| 4 | National Grid | 77.40 Bn | 49.69 Bn | - | 61.59 Bn |
| 5 | American Electric Power | 68.36 Bn | 65.53 Bn | 3.84 Bn | 52.84 Bn |
| 6 | Dominion Energy | 54.82 Bn | 52.81 Bn | - | 53.22 Bn |
| 7 | Sempra | 53.87 Bn | 52.99 Bn | 2.89 Bn | 36.66 Bn |
| 8 | Entergy | 48.18 Bn | 37.31 Bn | - | 34.63 Bn |
| 9 | Xcel Energy | 46.63 Bn | 41.53 Bn | - | 39.46 Bn |
| 10 | Exelon | 43.40 Bn | 38.71 Bn | - | 52.28 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 52.84 Bn |
| Mar 31, 2026 | 51.11 Bn |
| Dec 31, 2025 | 48.83 Bn |
| Sep 30, 2025 | 47.30 Bn |
| Jun 30, 2025 | 46.03 Bn |
| Mar 31, 2025 | 46.34 Bn |
| Dec 31, 2024 | 45.17 Bn |
| Sep 30, 2024 | 43.63 Bn |
| Jun 30, 2024 | 43.74 Bn |
| Mar 31, 2024 | 43.57 Bn |
| Dec 31, 2023 | 42.97 Bn |
| Sep 30, 2023 | 42.22 Bn |
| Jun 30, 2023 | 44.01 Bn |
| Mar 31, 2023 | 42.77 Bn |
| Dec 31, 2022 | 40.91 Bn |
| Sep 30, 2022 | 37.75 Bn |
| Jun 30, 2022 | 37.59 Bn |
| Mar 31, 2022 | 37.24 Bn |
| Dec 31, 2021 | 36.07 Bn |
| Sep 30, 2021 | 37.08 Bn |
American Electric Power Total Debt 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=total-debt&ticker=AEP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-debt", "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=total-debt&ticker=AEP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();