American Electric Power Company, Inc.
AEPPZ
NASDAQ Global Select47.12
USD
-0.52
- -
CIK
0000004904
ISIN
US02557T3077
CUSIP
02557T307
Return %
Stock
S&P500
1Y
-15.07
18.99
3Y
-4.67
64.75
5Y
-7.59
71.84
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Julia A. Sloat
- Full Time Employees
- 16,974
- Sector
- Utilities
- Industry
- Regulated Electric
- Address
- 1 Riverside Plaza Columbus OH United States of America 43215-2373
- IPO Date
- Aug 12, 2020
- CIK
- 0000004904
- Website
- aep.com
- Similar Companies
- Business
- American Electric Power Company, Inc. (AEP) is a leading electric public utility holding company that generates, transmits, and distributes electricity to approximately 5.6 million retail customers across 11 states: Arkansas, Indiana, Kentucky, Louisiana, Michigan, Ohio, Oklahoma, Tennessee, Texas, Virginia, and West Virginia. The company operates through four primary segments, including Vertically Integrated Utilities, which generates, transmits, and distributes electricity for retail and wholesale customers using a diverse fuel mix comprising coal and lignite, natural gas, nuclear, renewables such as wind, solar, and hydro, and other sources; Transmission and Distribution Utilities, which focus on transmission and distribution services; AEP Transmission Holdco, which develops, constructs, and operates high-voltage transmission facilities; and Generation & Marketing, which manages contracted renewable energy investments, wholesale energy trading, and marketing services. AEP maintains approximately 40,000 circuit miles of transmission lines, 225,000 circuit miles of distribution lines, and 23,000 megawatts of regulated owned generating capacity, with key operating subsidiaries encompassing AEP Ohio, AEP Texas, Appalachian Power, Indiana Michigan Power, Kentucky Power, Public Service Company of Oklahoma, and Southwestern Electric Power Company. Founded in 1906 and headquartered in Columbus, Ohio, AEP serves residential, commercial, industrial, and wholesale customers, with a strong emphasis on supporting economic development, data centers, manufacturing reshoring, and growing energy demands projected to exceed 60 gigawatts peak load by 2030. In recent developments, AEP completed a $2.82 billion transaction in June 2025 with KKR and PSP Investments, selling a 19.9% minority equity stake in its Ohio and Indiana-Michigan transmission companies to fund infrastructure growth while retaining full operational control; announced a five-year $72 billion capital plan through 2030, allocating $30 billion to transmission, $20 billion to generation, $17 billion to distribution, and targeting a 10% rate-base compound annual growth rate to $128 billion; secured customer agreements for 24-28 gigawatts of new load, including 4.7 gigawatts of data center capacity coming online in 2025 and a fuel supply agreement with Bloom Energy scalable to 1 gigawatt; and committed $1.7 billion to transmission upgrades in Indiana, Maryland, Ohio, Virginia, and West Virginia as part of a broader $54 billion investment strategy from 2025-2029 to enhance reliability and meet rising demands from AI, data centers, and manufacturing.