# American Electric Power Company, Inc. (AEP) · Edgar & Edgarette company card

> American Electric Power Company (AEP) grew revenue 9.5% in FY2025 to $21.9 billion, operating margin 24.3% against a 20.3% median for electric services, equity 27.2% of assets, and dividend per share up 16 years running. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 4904 · fiscal year ended 2025-12-31 · 5 audited years read · [page](https://www.pops4.com/boards/company/AEP) · [JSON](https://www.pops4.com/boards/company/AEP.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $21.9B |
| Revenue growth, 1 year | 9.5% |
| Revenue growth per year | 6.8% |
| Operating margin | 24.3% (prior year 21.6%) |
| Net margin | 16.9% |
| Operating cash flow | $6.9B |
| Capital spending | $3.5B |
| Free cash flow | $3.5B |
| Cash | $197M |
| Long-term debt | $47.3B |
| Total assets | $114.5B |
| Total equity | $31.1B |
| Equity ÷ assets | 27.2% |
| Return on equity | 11.9% |
| Dividend per share | $3.74 |
| Dividend years rising | 16 |

## Readings, computed from those figures

- Piotroski F: 5 of 9 (middling)
- Health Harbor boat: New ship · no warning signs
- Cash Compass: Cash cow now · steady, with strong cash arriving today

## Edgarette's reading

Exposure: revenue $21.9B (FY2025), total debt $47.3B. Experience: revenue up 9.5% on the year, up 6.8% a year over 4 years; operating margin 24.3%, up from 21.6%. Soundness: equity 27.2% of assets, return on equity 11.9%, payout 54.3% of profit, dividend per share up 16 years running. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $20.5B and $24.8B next year (method v4.1: its own 4-year record of growth weighed at 50% against $10B+ filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $18.8B to $26.8B. A statistical range, not company guidance. Against peers (40 filers, $50M+ revenue, electric services): operating margin 24.3% against a 20.3% median; growth 9.5% against 9.4%.

Range logged 2026-09-26, receipt 21697e7019311e05, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

- Item 5.02 Director or officer change: 4, latest 2026-09-30 ([filing](https://www.sec.gov/Archives/edgar/data/4904/000000490426000063/0000004904-26-000063-index.htm))

## Recent filings

- 10-Q · filed 2026-10-28 · [filing](https://www.sec.gov/Archives/edgar/data/4904/000000490426000072/0000004904-26-000072-index.htm)
- 8-K · filed 2026-10-28 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/4904/000000490426000069/0000004904-26-000069-index.htm)
- 8-K · filed 2026-09-30 · 5.02 Departure or Election of Directors; Appointment of Officers · [filing](https://www.sec.gov/Archives/edgar/data/4904/000000490426000063/0000004904-26-000063-index.htm)
- 10-Q · filed 2026-07-30 · [filing](https://www.sec.gov/Archives/edgar/data/4904/000000490426000059/0000004904-26-000059-index.htm)
- 8-K · filed 2026-07-30 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/4904/000000490426000055/0000004904-26-000055-index.htm)
- 8-K · filed 2026-07-21 · 5.02 Departure or Election of Directors; Appointment of Officers · [filing](https://www.sec.gov/Archives/edgar/data/4904/000000490426000048/0000004904-26-000048-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0000004904.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=4904

## Cite

POPS4, Edgar & Edgarette: American Electric Power Company, Inc. (AEP) company card, from the company's own SEC filings, accessed 2026-11-10, https://www.pops4.com/boards/company/AEP. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.