AEP Q1 2024 Earnings — American Electric Power Company, Inc. Revenue & Financial Results | Market Cap Arena

AEPAmerican Electric Power Company, Inc.

$72B

Q1 2024 Earnings

Utilities Regulated Electric

Income Statement

Revenue

$5.1B+5.2% YoY

Gross Profit

$1.7B32.4% margin

Operating Income

$1.2B24.4% margin

Net Income

$1.0B19.7% margin

EPS (Diluted)

$1.90

QoQ Revenue Growth

+8.7%

Cash Flow

Operating Cash Flow

$1.4B

Free Cash Flow

-$353M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$97.7B

Total Liabilities

$71.9B

Stockholders' Equity

$25.8B

Cash & Equivalents

$231M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$5.1B	$4.8B	+5.2%
Gross Profit	$1.7B	$1.4B	+21.2%
Operating Income	$1.2B	$969M	+28.2%
Net Income	$1.0B	$397M	+152.7%

Revenue Segments

Vertically Integrated Utilities

$3.0B53%

Transmission And Distribution Companies

$1.5B27%

Generation And Marketing

$606M11%

AEP Transmission Holdco

$497M9%