AEPAmerican Electric Power Company, Inc.

$71B

Q2 2019 Earnings

Utilities Regulated Electric

Income Statement

Revenue

$3.6B-10.5% YoY

Gross Profit

$850M23.8% margin

Operating Income

$548M15.3% margin

Net Income

$461M12.9% margin

EPS (Diluted)

$0.93

QoQ Revenue Growth

-11.9%

Cash Flow

Operating Cash Flow

$993M

Free Cash Flow

-$430M

Stock-Based Comp.

Balance Sheet

Total Assets

$72.5B

Total Liabilities

$53.1B

Stockholders' Equity

$19.3B

Cash & Equivalents

$211M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.6B	$4.0B	-10.5%
Gross Profit	$850M	$1.0B	-16.0%
Operating Income	$548M	$729M	-24.9%
Net Income	$461M	$528M	-12.7%

Revenue Segments

Affiliated and Nonaffiliated

$3.7B33%

Retail

$2.7B24%

Residential

$1.2B11%

Wholesale and Competitive

$914M8%

Commercial

$805M7%

Industrial

$655M6%

Electricity, Generation

$513M5%

Wholesale Transmission

$294M3%

Marketing, Competitive Retail and Renewable

$107M1%

Other Revenues

$73M1%

Other Revenues - Affiliated and Nonaffiliated

$59M1%

Other Retail

$55M0%

Alternative and Other

$42M0%

Alternative

$6M0%