AEP Q2 2024 Earnings — American Electric Power Company, Inc. Revenue & Financial Results | Market Cap Arena

AEPAmerican Electric Power Company, Inc.

$72B

Q2 2024 Earnings

Utilities Regulated Electric

Income Statement

Revenue

$4.6B+2.9% YoY

Gross Profit

$1.3B27.4% margin

Operating Income

$876M18.9% margin

Net Income

$340M7.4% margin

EPS (Diluted)

$0.64

QoQ Revenue Growth

-9.2%

Cash Flow

Operating Cash Flow

$1.5B

Free Cash Flow

-$131M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$99.6B

Total Liabilities

$73.4B

Stockholders' Equity

$26.1B

Cash & Equivalents

$203M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$4.6B	$4.5B	+2.9%
Gross Profit	$1.3B	$1.4B	-6.6%
Operating Income	$876M	$999M	-12.2%
Net Income	$340M	$521M	-34.7%

Revenue Segments

Vertically Integrated Utilities

$2.6B52%

Transmission And Distribution Companies

$1.4B28%

Generation And Marketing

$518M10%

AEP Transmission Holdco

$503M10%