American Electric Power Company Inc.

American Electric Power Company Inc.

AEP

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Market Cap$68.92B
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Compare to Similar Companies

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
American Electric Power Company Inc.American Electric Power Company Inc.18.82.98%12%3.21.6

Earnings Call Q1 2026

May 5, 2026 - AI Summary

Strong Q1 results + reaffirmed earnings outlook - Q1 2026 operating earnings: $1.64/share (≈ $891M), up from $1.54/share in Q1 2025. - Full-year 2026 operating guidance reaffirmed: $6.15 to $6.45/share. - Company remains confident in execution and regulatory progress that supports the guidance.
Load growth accelerates sharply (big driver of future capex + earnings) - AEP reported incremental contracted load of +7 GW in the quarter; total contracted load now 63 GW expected by 2030 (vs 56 GW last quarter). - Mix: ~90% data centers (hyperscalers) and the remainder industrial. - Concentration: 53 GW in Texas + Ohio (large transmission projects); ~10 GW requires new generation. - Contracts are described as high-credit (investment-grade, guarantees, tariff-compliant credit support) and backed by long-term service arrangements.
Capital plan expanded materially; earnings growth profile improving (but “back-end loaded”) - 5-year capital plan increased to $78B (from $72B), driving expected ~11% 5-year rate base CAGR. - Incremental $6B investments include: - ~$3.5B in recently approved PJM/SPP transmission projects - ~$2.5B for I&M gas-fired generation - Expected earnings growth: reaffirmed premium operating earnings growth rate of 7%–9% for 2026–2030; long-term operating earnings CAGR now >9%. - Execution timing noted: incremental capex mostly enters service toward ~2029–2030, implying earnings accretion in the back end.

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$138.64

Target Price by Analysts

9.8% upsideAmerican Electric Power Company Target Price DetailsTarget Price
$66.25

Current Fair Value

47.6% downside

Overvalued by 47.6% based on the discounted cash flow analysis.

Share Statistics

Market cap$68.92 Billion
Enterprise Value$118.89 Billion
Dividend Yield$3.78 (2.98%)
Earnings per Share$6.66
Beta0.55
Outstanding Shares542,079,269

Return

Return on Equity11.63%ROE
Return on Assets3.09%
Return on Invested Capital3.09%

Valuation & Multiples

P/E Ratio18.79P/E Ratio
PEG-152.01PEG
Price to Sales3.24Price to Sales
Price to Book Ratio2.14Price to Book Ratio
Enterprise Value to Revenue5.5
Enterprise Value to EBIT37.04
Enterprise Value to Net Income32
Total Debt to Enterprise0.42
Debt to Equity1.61Debt to Equity

Revenue Sources

No data

Insider Trades

Last Earnings Call

Report Date
May 5, 2026
EPS Estimate
$1.57
Average shareholder expectation
Revenue Estimate
$5.72 B
Average shareholder expectation

Next Earnings Call

Expected Date
July 29, 2026
EPS Estimate
$1.48
Average shareholder expectation
Revenue Estimate
$5.51 B
Average shareholder expectation

Institutional Put/Call Ratio

Market sentiment based on institutional option activity.

Put/Call Ratio0.4431 22.82%
Total Calls2,525,971 29.78%
Total Puts1,119,228 53.65%

Institutional Ownership

Holdings and activity of institutional investors.

Ownership %85.59% 0.88%
Total Invested$58.04B 14.54%
Investors Holding1,962 56.00%

ESG Score

No data

About American Electric Power Company Inc.

2,018 employees

American Electric Power , is a major investor-owned electric utility in the United States, delivering electricity to more than five million customers in 11 states.[citation needed] AEP ranks among the nation's largest generators of elec...

Relevant Senate Committees

Joint Committee on Taxation

This committee provides crucial analysis and revenue estimates for all tax legislation. Its technical expertise and reports directly inform tax policy, which has a fundamental impact on AEP's corporate tax burden and investment incentives.

Finance

As the primary tax-writing committee, its decisions on corporate taxation, tax credits for energy investments, and broader fiscal policy directly impact AEP's profitability, capital allocation, and overall financial health.

Appropriations

This committee directly allocates federal spending. Its decisions can fund infrastructure grants, energy research, or specific projects that AEP could benefit from or participate in, impacting its revenue and investment opportunities.

Energy and Natural Resources

This committee is central to national energy policy, public lands, and the Department of Energy. Its decisions directly impact AEP's generation mix, infrastructure development, and overall regulatory environment for utilities.

Environment and Public Works

This committee directly regulates the EPA and Nuclear Regulatory Commission (NRC), both critical for AEP's environmental compliance and nuclear generation facilities. It also influences infrastructure spending, relevant for AEP's extensive transmission system.