American Electric Power Company Inc. (AEP)

NASDAQ: AEP · USD

$128

-2.12 (-1.6%)· Recorded snapshot

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StockMarketAgent Research · Analyzed 2026-09-27

Our latest published analysis: AEP rated Hold

American Electric Power Company Inc.'s published Hold conclusion compares the analysis-date price with fair value and potential value. Read the full report for assumptions, evidence, and material risks.

Fair value

$129 / share

Potential value

$168 / share

Upside to FV

+8.9%

from $128

Moat

6.5/10

Narrow

Read full analysis →View archive · 24mo

9-phase methodology · same model in each published edition

Market cap	$64.4B
Revenue (ttm)	23.6B
Net income (ttm)	3.4B
EPS (ttm)	$6.13
Shares out	544.4M
P/E (trailing)	20.9x
P/E (forward)	17.2x
Dividend	$3.88 (3.02%)
Volume	4,999,031
Beta	0.47

Market data

Price

Recent price action with selectable time range.

Financial snapshot

Revenue (ttm): 23.6B
Net income (ttm): 3.4B
EPS (ttm): $6.13
P/E (trailing): 20.9x
P/E (forward): 17.2x
Market cap: $64.4B

Item	P1	P2	P3	P4	P5	Trend
Period	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31	Trend
Revenue	$16.79B	$19.39B	$19.46B	$19.97B	$21.70B	+6.6%
Gross profit	$4.67B	$4.87B	$5.62B	$6.36B	$6.93B	+10.4%
Operating income	$3.41B	$3.48B	$3.56B	$4.30B	$5.32B	+11.7%
Net income	$2.49B	$2.31B	$2.21B	$2.97B	$3.58B	+9.5%
EPS (diluted)	$4.96	$4.49	$4.24	$5.58	$6.66	+7.6%
EBITDA	$6.75B	$7.10B	$7.21B	$8.09B	$9.34B	+8.5%
R&D	—	—	—	—	—	—
SG&A	$2.55B	$2.88B	—	—	—	+13.0%

Ticker	Name	Market cap	P/E	P/S	ROIC	5Y rev CAGR	1Y total return	Rating
ABBV	AbbVie Inc.	505.6B	80.8x	7.9x	17.7%	+3.7%	+29.1%	卖出
ABT	Abbott Laboratories	177.6B	38.2x	3.7x	7.2%	+2.7%	-17.2%	减持
ACN	Accenture plc	144.3B	18.0x	2.0x	27.9%	+8.0%	+0.4%	持有
AEE	Ameren Corporation	29.9B	19.1x	3.6x	4.4%	+8.0%	+6.0%	持有
CEG	Constellation Energy Corporation	91.4B	25.0x	2.9x	7.4%	+10.8%	-33.6%	卖出
D	Dominion Energy, Inc.	56.5B	22.5x	3.1x	4.2%	+5.2%	+10.2%	持有

Base and Bull scenarios

Base60%

Price target

$128.93

+8.9% from spot

The base case models steady execution across regulated utility operating footprints, with the share price reflecting an orderly path toward $128.93 representing a return of 8.9% at a 60.0% assignment. Rate base compounding proceeds as planned across transmission and distribution systems, supported by timely rider cost recoveries and stable operating margins across vertically integrated operating subsidiaries. This outcome requires authorized returns on equity to remain consistent across multi-state rate filings. Disconfirmation would occur if multi-state utility commissions impose severe rate case lag or disallow capital spending, with progress verified during annual regulatory settlement filings.

Revenue growth tapering from initial data center expansion toward steady-state trend demand
Operating margins sustained near historical regulated cost-of-service compact ceilings
Reinvestment rate supporting transmission grid modernisation and distribution infrastructure additions
Terminal valuation multiple aligned with mature regulated electric utility historical peer medians
Effective tax rate reflecting regulated utility flow-through ratemaking and tax depreciation benefits

Bull20%

Price target

$168.33

+42.2% from spot

The bull case captures accelerated capital deployment and commercial demand expansion, propelling valuation toward $168.33 for an implied return of 42.2% at a 20.0% probability weighting. Rapid interconnections of large-scale data center facilities in Midwestern and Southwestern operating territories expand transmission volumetric throughput and accelerate rate base additions. Constructive regulatory compacts grant premium authorized returns on equity, expanding consolidated operating margins. This scenario is disconfirmed if industrial interconnection requests slow or if state regulators cap commercial tariff riders, which would become visible in quarterly customer interconnection backlogs.

Accelerated commercial load growth driven by artificial intelligence data center clusters
Expedited capital additions into high-voltage transmission projects with formula rate riders
Constructive rate settlements delivering premium authorized equity returns across key operating states

Sensitivity: Ke × terminal growth

The highlighted cell is Fair value when every assumption sits at its base level ($128.93). Each row and column shows what Fair value becomes when one assumption moves.

Ke ↓ / g →	2.0%	2.3%	2.5%	2.8%	3.0%
5.9%	$146	$152	$158	$165	$174
6.4%	$133	$137	$142	$147	$153
6.9%	$122	$125	$129	$133	$137
7.4%	$113	$116	$119	$122	$125
7.9%	$106	$108	$110	$113	$115

Scorecard

Published factor rows and weighted composite

Calendar

Next earnings

Upcoming earnings date and setup when available.

Upcoming

DateLoading

Window—

EPS estimate—

Revenue estimate—

Sector percentile context

Refreshed 2026-10-28 19:55 UTC

Forward P/E17.2

P25 n/aP50 n/aP75 n/a

Trailing P/E20.5

P25 n/aP50 n/aP75 n/a

ROE10.6

P25 n/aP50 n/aP75 n/a

ROIC4.3

P25 n/aP50 n/aP75 n/a

Benchmarks · 1M

All AEP indicators

Market & fundamental data

Available fields

263

Groups with data

Currency

USD

Showing 263 of 263 available metrics for this ticker.

Profile and market data

Ticker identity, listing, currency, market cap, and source dates.

Metric	Value
Amount currency	USD
CIK code	0000004904
Company name	American Electric Power Company, Inc.
Country	United States
Country code	US
CUSIP number	025537101
Earnings date	2026-10-28
Earnings time	bmo
Employees	17,581
Employees change	1,251
Employees growth	7.66%
Enterprise value	$124.2B
Exchange	NASDAQ
Financial currency	USD
Financial report date	2026-09-30
First seen	2026-05-09
Fiscal year end	December
Founded	1906
In index	SP500, NASDAQ100
Industry	Utilities - Regulated Electric
Is primary listing	Yes
Is SPAC	No
ISIN number	US0255371017
Last 10-K release date	2026-02-12
Last earnings date	2026-10-28
Last refreshed	2026-10-28
Last stock split type	Never
Market cap	$69.8B
Market cap category	Large-Cap
Next earnings date	2027-02-11
Options	Yes
Price	$128.17
Price currency	USD
Sector	Utilities
SIC code	4911
Stock price date	2026-10-28
Symbol	AEP
U.S. state	Ohio
Website	https://www.aep.com

Valuation

Multiples, yields, enterprise-value ratios, and valuation checks.

Metric	Value
Adjusted P/E ratio	19.96x
Average P/E ratio (10Y)	21.81x
Average P/E ratio (3Y)	18.55x
Average P/E ratio (5Y)	19.03x
Earnings yield	4.78%
EV/Earnings	37.29x
EV/EBIT	21.78x
EV/EBITDA	13.23x
EV/Sales	5.3x
FCF / EV yield	-6.64%
FCF yield	-11.75%
Forward EV/Sales	5.26x
Forward P/E	18.93x
Forward P/S	2.97x
Graham number	91.13153
Graham upside	-29.84%
Industry forward P/E	16.43x
Industry P/E	17.35x
Lynch fair value	$43.37
Lynch upside	-66.61%
P/B ratio	2.21x
P/E ratio	20.9x
P/OCF ratio	9.33x
P/S ratio	2.99x
PEG ratio	2.27x
Price / tangible book value	2.16x
Price/EBITDA ratio	7.48x
Sector forward P/E	17.06x
Sector P/E	19.83x

Profitability

Margins, returns on capital, cash conversion, and quality metrics.

Metric	Value
EBIT margin	24.34%
EBITDA margin	40.04%
Effective tax rate	8.85%
Gross margin	46.61%
Operating margin	24.34%
Pretax margin	16.14%
Profit margin	14.21%
Profit per employee	$190,888
Profitable quarters	39
Profitable years	23
Revenue per employee	$1.3M
ROA	3.04%
ROA (5Y)	2.8%
ROCE	5.2%
ROE	10.6%
ROE (5Y)	10.83%
ROIC	4.26%
Tax / revenue	1.43%

Growth

Revenue, earnings, cash-flow, and forward growth indicators.

Metric	Value
EPS growth	-10.26%
EPS growth (Q)	19.34%
EPS growth (QoQ)	66.15%
EPS growth 10Y	15.63%
EPS growth 3Y	12.01%
EPS growth 5Y	5.19%
EPS growth years	2
Net income growth	-8.36%
Net income growth (Q)	22.12%
Net income growth (QoQ)	66.48%
Net income growth 3Y	14.15%
Net income growth 5Y	7.07%
Net income growth years	2
OCF growth	10.54%
OCF growth (Q)	-4.62%
OCF growth (QoQ)	23.34%
OCF growth 10Y	5.79%
OCF growth 3Y	21.46%
OCF growth 5Y	14.31%
Revenue growth	11.09%
Revenue growth (Q)	13.67%
Revenue growth (QoQ)	25.47%
Revenue growth 10Y	3.84%
Revenue growth 3Y	6.98%
Revenue growth 5Y	7.64%
Revenue growth quarters	10
Revenue growth years	2

Financial statements

Income-statement and cash-flow amounts, totals and per share.

Metric	Value
Capital expenditures	$-15.9B
Depreciation and amortization	$3.7B
EBIT	$5.7B
EBITDA	$9.5B
EPS	$6.13
FCF per share	$-15.26
Financing cash flow	$7.2B
Free cash flow	$-8.3B
Gross profit	$11B
Income taxes	$337.3M
Investing cash flow	$-15.4B
Net borrowing	$7B
Net cash flow	$-600.2M
Net income	$3.4B
Operating income	$5.7B
Revenue	$23.6B

Financial strength

Debt, cash, solvency, accounting-quality, and balance-sheet signals.

Metric	Value
Book value per share	$60.19
Debt / EBITDA	5.68
Debt / equity	1.62
Goodwill	$53M
Interest coverage	2.52
Long-term assets	$117.9B
Long-term liabilities	$76.4B
Net cash (debt)	$-54.4B
Net cash / market cap	-76.96%
Net debt / EBITDA	5.76
Net debt / equity	1.6
Piotroski F-Score	4
Property, plant and equipment	$100.9B
Shareholders' equity	$34B
Tangible book value	$32.7B
Tangible book value per share	$60.09
Total assets	$125.7B
Total cash	$670M
Total debt	$55.1B
Total liabilities	$91.7B
WACC	5.49%

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Asset turnover	0.2
Current assets	$7.8B
Current liabilities	$15.3B
Current ratio	0.51
Inventory turnover	7.46
Net working capital	$-3.5B
Quick ratio	0.29
Working capital	$-7.4B
Working capital turnover	-4.46

Dividends and buybacks

Dividend yield, payout, buybacks, and shareholder-yield indicators.

Metric	Value
Buyback yield / dilution	-2.13%
Dividend growth	2.14%
Dividend growth (10Y)	5.34%
Dividend growth (3Y)	4.27%
Dividend growth (5Y)	4.95%
Dividend growth years	16
Dividend payment date	2026-12-10
Dividend payment years	56
Dividend payout frequency	Quarterly
Dividend per share	$3.88
Dividend yield	3.02%
Ex-dividend date	2026-11-10
Last dividend	$0.97
Payout ratio	67.21%
Shareholder yield	0.86%

Performance and technicals

Returns, volatility, beta, momentum, RSI, and moving-average context.

Metric	Value
10Y price change	102.83%
10Y return CAGR	11.16%
10Y total return	187.88%
150-day SMA	$128.63
15Y price change	222.68%
15Y return CAGR	12.18%
15Y total return	460.47%
1D price change	-1.63%
1M price change	8.3%
1M total return	8.3%
1W price change	0.61%
1W total return	0.61%
1Y price change	10.12%
1Y return CAGR	13.55%
1Y total return	13.54%
20-day SMA	$125.14
200-day SMA	$127.99
20Y price change	212.76%
20Y return CAGR	10.07%
20Y total return	581.13%
3M price change	-4.06%
3M total return	-3.33%
3Y price change	71.05%
3Y return CAGR	23.98%
3Y total return	90.6%
50-day SMA	$123.20
50-day SMA vs 200-day SMA	50under200
52-week high	$140.58
52-week high date	2026-07-07
52-week low	$112.54
52-week low date	2026-01-05
5Y price change	52.04%
5Y return CAGR	12.73%
5Y total return	82%
6M price change	-5.11%
6M total return	-3.69%
All-time high	$140.58
All-time high date	2026-07-07
All-time low	$13.50
All-time low date	1974-12-20
Average true range (ATR)	$2.28
Average volume	3.3M
Beta (1Y)	-0.26
Beta (2Y)	-0.07
Beta (5Y)	0.47
Change from 52-week high	-8.83%
Change from 52-week low	13.89%
Change from all-time high	-8.83%
Change from all-time low	849.41%
Change from open	-2.01%
Day's gap	0.38%
Dollar volume	$640.7M
High price	$130.80
Low price	$128.03
Monthly RSI	57.75
Open price	$130.80
Position in 52-week range	5.05%
Premarket change	0.38%
Premarket close	$130.30
Premarket price	$130.80
Premarket volume	8.7K
Previous close	$130.30
Price vs 150-day SMA	-0.36%
Price vs 20-day SMA	2.42%
Price vs 200-day SMA	0.14%
Price vs 50-day SMA	4.04%
Relative volume	1.53
RSI	58.49
Sharpe ratio	0.55
Sharpe ratio (3Y)	1.05
Sharpe ratio (5Y)	0.49
Sortino ratio	1.13
Sortino ratio (3Y)	1.91
Sortino ratio (5Y)	0.99
Volume	5M
Weekly RSI	53.1
YTD price change	11.15%
YTD total return	13.7%

Ownership and float

Institutional, insider, float, short-interest, and share-count fields.

Metric	Value
Float	543.5M
Float percentage	99.84%
Shares change (QoQ)	-0.1%
Shares change (YoY)	2.13%
Shares held by insiders	0.04%
Shares held by institutions	94.27%
Shares outstanding	544.4M
Short % of float	5.42%
Short % of shares	5.41%
Short ratio	7.4 days

Other indicators

Additional ticker metrics that do not fit the primary research groupings.

Metric	Value
Page views	307

Deeper analysis on AEP

14 sections in the full report · jump straight to what you need

Forecast

Base and Bull forecast paths with report-date return framing.

→

Valuation

Fair-value bridge, DCF, owner earnings, and peer multiples.

→

Sensitivity

Cost-of-equity and terminal-growth stress table.

→

Risks

Kill scenarios, soft-pass flags, and downside catalysts.

→

Earnings

Next earnings setup and beat / inline / miss thresholds.

→

Position sizing

Entry, exit, conviction, and quarterly monitoring rules.

→

Financials

Revenue, margins, cash flow, and balance-sheet context.

→

Peers

Relative valuation and profitability against the cohort.

→

Moat

Economic-profit evidence and competitive advantage risk.

→

Industry cycle

Sector phase, capital cycle, and secular tailwinds.

→

Quote this valuation with its source: Fair value, Potential value and the price at analysis.

Frequently asked questions

About this AEP report

What is the latest published AEP stock rating?

American Electric Power Company Inc. is shown with Hold in the latest published report, analyzed 2026-09-27. The hub links directly to the full analysis surface where the dated rating, fair-value bridge, risks, and scorecard are documented together.

Where can I read the full AEP analysis?

The full latest published report, analyzed 2026-09-27, lives at /stocks/AEP/analysis. The bare ticker page summarizes that read and links to each analysis tab; earlier editions remain under /analysis/archive.

What fair value is used for AEP?

The latest published report analyzed 2026-09-27 gives AEP a fair value of USD 129 and a potential value of USD 168. These are dated research outputs, not live market prices; review the valuation assumptions, sensitivity analysis, and material risks before making a decision.

How often is the AEP page updated?

The hub selects the latest published stock report regardless of age and displays its analysis date (2026-09-27). Separately sourced market data is labeled with its own recorded timestamp and is never inferred from the report.

HoldAEP · Fair value $129+8.9%

Read full analysis →

Category	Score	Reading
Valuation	6.0
Management	7.5
Balance Sheet	1.5
Profitability	5.5
Revenue Growth	6.0
Risk Assessment	5.5
Competitive Moat	6.5
Earnings Quality	6.0
Capital Efficiency	4.5

American Electric Power Company Inc. (AEP)

Our latest published analysis: AEP rated Hold

Price

Financial snapshot

Fair-value bridge

Latest news · AEP

Valuation

Profitability

Balance sheet

Trading

Base and Bull scenarios

Sensitivity: Ke × terminal growth

Scorecard

Next earnings

Sector percentile context

All AEP indicators

Profile and market data

Valuation

Profitability

Growth

Financial statements

Financial strength

Liquidity

Dividends and buybacks

Performance and technicals

Ownership and float

Other indicators

Deeper analysis on AEP

Frequently asked questions

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