AEPAmerican Electric Power Company, Inc.

$71B

Q1 2019 Earnings

Utilities Regulated Electric

Income Statement

Revenue

$4.1B-0.4% YoY

Gross Profit

$1.1B27.0% margin

Operating Income

$785M19.4% margin

Net Income

$573M14.1% margin

EPS (Diluted)

$1.16

QoQ Revenue Growth

+6.8%

Cash Flow

Operating Cash Flow

$808M

Free Cash Flow

-$790M

Stock-Based Comp.

Balance Sheet

Total Assets

$70.7B

Total Liabilities

$51.5B

Stockholders' Equity

$19.2B

Cash & Equivalents

$228M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$4.1B	$4.1B	-0.4%
Gross Profit	$1.1B	$1.0B	+8.8%
Operating Income	$785M	$721M	+8.9%
Net Income	$573M	$454M	+26.1%

Revenue Segments

Transmission and Distribution Utilities Revenues

$827M37%

Electricity

$414M18%

Retail

$337M15%

Wholesale Transmission

$195M9%

Residential

$140M6%

Commercial

$114M5%

Wholesale and Competitive

$81M4%

Industrial

$81M4%

Wholesale Generation

$35M2%

Alternative and Other

$9M0%

Other Revenues - Affiliated and Nonaffiliated

$8M0%

Other Revenues

$5M0%

Alternative

$4M0%

Other Retail

$2M0%