American Electric Power Co Inc (AEP)
Utilities · Electric Utilities · US stock · S&P 500 component
$127.14
▲ +2.85 (2.29%)
Fair valueFair
$152 +19.8% to fair value
$76fair band $107–$198$228
Day's range
$124.56 – $127.40
52-week range
$110.01 – $139.52
About American Electric Power Co Inc
American Electric Power is a large regulated electric utility holding company that generates, transmits and distributes electricity to customers in many states across the central and eastern United States. It owns one of the biggest transmission networks in the country. Revenue comes mainly from rates approved by state and federal regulators, which are intended to recover costs and provide an allowed return on the utility assets it builds.
Revenue of $22.4 billion was recorded for the latest twelve months; sales expanded at 3.7% a year across three years. American Electric Power Co Inc converts that into an operating margin of 24.0%. Return on invested capital comes to 6%. Leverage, measured as net debt to EBITDA, is 9.5 times. Shareholders receive a dividend, yielding 3.0%, and the X-Ray Score is 62 out of 100.
Written with AI from public information and the filing figures on this page, then checked automatically for unsupported numbers. It can contain mistakes: read the company's own filings below before relying on it.
Price chart
52-wk range $110.01 – $139.52Volume 3,412,900Daily, split-adjusted
Vitals
Market cap$69.6B
52-week range$110.01 – $139.52
Volume (last day)3,412,900
P/E (TTM)18.1
EBIT / EV yield4.4%
Free-cash-flow yield3.7%
Dividend yield3.0%
Revenue (TTM)$22.4B
Net income (TTM)$3.8B
Operating margin24.0%
Return on capital5.8%
Debt incl. leases$51.8B
Cash & securities$516M
Debt = borrowings plus lease liabilities. Cash & securities = cash, equivalents and short-term marketable securities (long-term securities are not counted, so net cash can be understated for companies like Apple). Net debt = debt minus cash & securities. Source: latest SEC 10-Q/10-K. EBIT / EV yield = operating profit divided by market cap plus net debt.
Fair value estimate
$152model spread $136 – $172
Fair
+19.8% to fair value
Equal blend of three models: peer multiples, a fundamentals-adjusted multiple (growth, ROIC and margin) and a 10-year DCF scaled to the market's average. Earnings-power value (no growth) is a floor and not part of the blend. Model uncertainty is Medium, so the safety margin is 30%.
Price $127
Undervalued < $107Fair $107 – $198Overvalued > $198
10-year DCF (market-scaled)
$160
Peer multiples
$149
Earnings power floor (not blended)
$28
Fundamentals-adjusted multiple
$148
Growth the price implies
7.2%/yr
A model estimate, not a price target or recommendation. Inputs: risk-free 5.09%, equity risk premium 4.23% (Damodaran). How it works.
What this means
Average business, fairly priced
The price sits inside our fair-value band. A high score does not guarantee a good outcome; it shifts the odds a little. Use the checklist as a prompt for your own research.
Before you invest · decision checklist
Ticked boxes are filled in from our data; the rest are yours to answer.
The five-lens scan
Every score explained in one sentence, ranked against Utilities peers. Open a lens to see the numbers behind it.
Valuation
Strong
74/100
Cheap against its sector on earnings and cash flow.
See the numbers →
EBIT / EV yield4.4%
Free-cash-flow yield3.7%
Fair value vs price1.2×
Growth
Fair
65/100
Growing at a typical pace for its sector.
See the numbers →
Revenue growth (3y)3.7%
EPS growth (3y)14.0%
Growth consistency90%
Profitability
Fair
62/100
Returns on capital are typical for its sector.
See the numbers →
Return on invested capital5.8%
Operating margin24.0%
Financial health
Fair
51/100
Balance sheet is in typical shape for its sector.
See the numbers →
Piotroski F-Score7 / 9
Net debt / EBITDA9.5×
Interest cover2.6×
Dividends
Fair
58/100
Dividend is typical for its sector.
See the numbers →
Dividend yield3.0%
Dividends vs free cash flow80%
Dividend growth6.9%
Quarterly results: last 6 quarters
-5.8%
Dec '24
+10.7%
Mar '25
+9.2%
Jun '25
+9.9%
Sep '25
+11.7%
Dec '25
+6.9%
Mar '26
Revenue against the same quarter a year earlier. Latest quarter revenue $6.0B, diluted EPS $1.60.
Compare with peers
EIX Edison International71 EXC Exelon Corp66 ES Eversource Energy66 DUK Duke Energy CORP60Other Electric Utilities companies by X-Ray Score.
Fundamentals checklist
● 6 Good · ● 6 Average · ● 2 BadCash quality
Earnings backed by cashAverage
Free-cash-flow yieldGood
Risk models
Altman Z''Average
Piotroski F-ScoreGood
Growth
EPS growth (3y)Good
Revenue growth (3y)Average
Growth consistencyGood
Balance sheet
Current ratioBad
Net debt / EBITDABad
Interest coverAverage
Valuation
Fair value vs priceGood
EBIT / EV yieldAverage
Profitability
Return on invested capitalGood
Operating marginAverage
Each check is graded against the company's sector, not a fixed number. Checklist score 61/100.
Financials
| FY21 | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Revenue | $16.8B | $19.6B | $19.5B | $20.0B | $21.9B |
| Operating income | $3.4B | $3.5B | $3.6B | $4.3B | $5.3B |
| Net income | $2.5B | $2.3B | $2.2B | $3.0B | $3.7B |
| Operating cash flow | $3.8B | $5.3B | $5.0B | $6.8B | $6.9B |
| Operating margin | 20.3% | 17.7% | 18.3% | 21.6% | 24.3% |
| Free cash flow | – | – | $4.9B | $6.4B | $3.5B |
| Diluted EPS | $4.96 | $4.49 | $4.24 | $5.58 | $6.66 |
Fiscal years, from SEC filings.
Technical summary
Daily
Strongly bullish
12 bullish · 1 neutral · 3 bearish
Weekly
Strongly bullish
9 bullish · 1 neutral · 2 bearish
Monthly
Strongly bullish
7 bullish · 1 neutral · 0 bearish
Moving averages (daily)
| SMA 10 | 123.6 | Bullish |
| EMA 10 | 124.0 | Bullish |
| SMA 20 | 121.3 | Bullish |
| EMA 20 | 122.8 | Bullish |
| SMA 50 | 122.6 | Bullish |
| EMA 50 | 123.4 | Bullish |
| SMA 100 | 126.5 | Bullish |
| EMA 100 | 124.8 | Bullish |
| SMA 200 | 126.2 | Bullish |
| EMA 200 | 123.5 | Bullish |
Oscillators (daily)
| RSI (14) | 66.60 | Neutral |
| MACD (12, 26) | 0.91 | Bullish |
| Momentum (12) | 7.16 | Bullish |
| Stochastic %K (14) | 90.81 | Bearish |
| Williams %R (14) | -9.19 | Bearish |
| CCI (20) | 145.6 | Bearish |
Pivot points (classic, last session)
S3 122.5 | S2 123.5 | S1 125.3 | Pivot 126.4 | R1 128.2 | R2 129.2 | R3 131.0 |
Signals describe what the chart is doing, not what to do. Moving averages: price above the average is bullish. Oscillators use the usual thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20; MACD and momentum above zero are bullish). Weekly and monthly views use closing prices only.
Dividends
Paid, last 12 months
3.80 USD
Yield on today's price
2.99%
Frequency
Quarterly
Next ex-dividend date
Not announced
| Ex-dividend date | Amount per share |
|---|---|
| 10 Aug 2026 | 0.9500 |
| 8 May 2026 | 0.9500 |
| 10 Feb 2026 | 0.9500 |
| 10 Nov 2025 | 0.9500 |
| 8 Aug 2025 | 0.9300 |
| 9 May 2025 | 0.9300 |
| 10 Feb 2025 | 0.9300 |
| 8 Nov 2024 | 0.9300 |
| 9 Aug 2024 | 0.8800 |
| 9 May 2024 | 0.8800 |
| 8 Feb 2024 | 0.8800 |
| 9 Nov 2023 | 0.8800 |
Ex-dividend dates and amounts from EODHD. Shown as declared, before tax.
AEP SEC filings
30 Sep 2026
8-KSEC EDGAR
Director or officer change
30 Jul 2026
10-QSEC EDGAR
Quarterly report
30 Jul 2026
8-KSEC EDGAR
Results of operations
21 Jul 2026
8-KSEC EDGAR
Director or officer change
14 May 2026
8-KSEC EDGAR
Entered a material agreement; Other events
13 May 2026
424B5SEC EDGAR
424B5
12 May 2026
424B5SEC EDGAR
424B5
5 May 2026
10-QSEC EDGAR
Quarterly report
Where the numbers come from
Statements SEC EDGAR filings (10-K, 10-Q), quarters derived from year-to-date figures.
Prices end-of-day closes, split-adjusted.
Industry inputs beta, multiples and equity risk premium from Damodaran Online (NYU Stern).
StocksXray is for education only and is not financial advice. Scores and fair values are model estimates from public filings and carry uncertainty.