Utilities · Electric Utilities
American Electric Power: revenue, profit and dividends
In fiscal 2025, American Electric Power had revenue of $21.9B, up 2.9% a year on average since 2015, and net income of $3.58B (16.4% of revenue). Its dividend per share has gone up 16 years in a row, to $3.74. It has 10% more shares than in 2015.
Revenue, fiscal 2025
average annual revenue growth since 2015 · +10.9% vs 2024
- Ticker
- AEP · Nasdaq
- Sector
- Utilities
- Sub-industry
- Electric Utilities
- Headquarters
- Columbus, Ohio
- Founded
- 1906
- In the S&P 500 since
- March 4, 1957, the index’s first day
- Latest fiscal year
- 2025, ended December 31, 2025
- SEC filer
- American Electric Power Co Inc · CIK 0000004904
Revenue and net income
Revenue went from $13.4B in 2007 to $21.9B in 2025.
Diluted earnings per share
Diluted EPS went from $2.72 in 2007 to $6.66 in 2025. Ten-year growth: 4.8% a year.
Dividends per share
Raised 16 years in a row, every year from 2010 to 2025. Ten-year growth: 5.7% a year.
Shares outstanding
9.6% more shares in 2025 than in 2015 (491M → 537M): new shares outweighed buybacks.
Operating cash flow, capex and free cash flow
Free cash flow (operating cash flow minus capital expenditure) was $3.49B in 2025, 16.0% of revenue.
The chart data could not be loaded. The table below has the same figures.
Year by year
| Fiscal year | Revenue | Net income | Net margin | Diluted EPS | Dividend | Shares | Operating cash flow | Capex | Free cash flow |
|---|---|---|---|---|---|---|---|---|---|
| 2025 | $21.9B | $3.58B | 16.4% | $6.66 | $3.74 | 537M | $6.94B | $3.45B | $3.49B |
| 2024 | $19.7B | $2.97B | 15.0% | $5.58 | $3.57 | 531M | $6.8B | $399M | $6.41B |
| 2023 | $19B | $2.21B | 11.6% | $4.24 | $3.37 | 520M | $5.01B | $155M | $4.86B |
| 2022 | $19.6B | $2.31B | 11.7% | $4.49 | $3.17 | 513M | — | — | — |
| 2021 | $16.8B | $2.49B | 14.8% | $4.96 | $3.00 | 502M | — | — | — |
| 2020 | $14.9B | $2.2B | 14.7% | $4.42 | $2.84 | 497M | $3.83B | $0 | $3.83B |
| 2019 | $15.6B | $1.92B | 12.3% | $3.88 | $2.71 | 495M | $4.27B | $918M | $3.35B |
| 2018 | $16.2B | $1.92B | 11.9% | $3.90 | $2.53 | 494M | $5.22B | $0 | $5.22B |
| 2017 | $15.4B | $1.91B | 12.4% | $3.88 | $2.39 | 493M | $4.27B | $0 | $4.27B |
| 2016 | $16.4B | $611M | 3.7% | $1.24 | $2.27 | 492M | $4.52B | $108M | $4.41B |
| 2015 | $16.5B | $2.05B | 12.4% | $4.17 | $2.15 | 491M | $4.75B | $5.3M | $4.74B |
| 2014 | $16.4B | $1.63B | 10.0% | $3.34 | $2.03 | 489M | $4.6B | $64.8M | $4.54B |
| 2013 | $14.8B | $1.48B | 10.0% | $3.04 | $1.95 | 487M | $4.1B | $32M | $4.06B |
| 2012 | $14.9B | $1.26B | 8.4% | $2.60 | $1.88 | 485M | $3.8B | $94M | $3.71B |
| 2011 | $15.1B | $1.94B | 12.8% | $4.02 | $1.85 | 482M | $3.79B | $19M | $3.77B |
| 2010 | $14.4B | $1.21B | 8.4% | $2.53 | $1.71 | 480M | $2.66B | $155M | $2.51B |
| 2009 | $13.5B | $1.36B | 10.1% | $2.96 | $1.64 | 459M | $2.48B | $104M | $2.37B |
| 2008 | $14.4B | $1.38B | 9.6% | $3.42 | $1.64 | 404M | $2.58B | $160M | $2.42B |
| 2007 | $13.4B | $1.09B | 8.1% | $2.72 | $1.58 | 400M | $2.39B | $512M | $1.88B |
Fiscal years, labelled by the year in which they end. US dollars; per-share figures and share counts adjusted for splits. —: not in the data.
About these figures
- Older years are as filed at the time and may predate later restatements, mergers or spin-offs. How the figures are made.
Other Electric Utilities companies
Source: SEC EDGAR (company filings), data as of November 8, 2026. Sectors, sub-industries, headquarters and index dates: Wikipedia, CC BY-SA 4.0.