NASDAQ$AEP
American Electric Power Inc · Q1 2025 earnings
Q1 2025 earnings · · Before market open · Investor relations
Briefing
American Electric Power reported Q1 2025 operating revenues of $5.5B with net income of $802M and diluted EPS of $1.50.
Operating revenues were approximately $5.5 billion as regulated utility subsidiaries recovered fuel and investment costs. Net income was $802 million, or $1.50 per diluted share, compared with $1.01 billion and $1.90 a year ago, reflecting regulatory charges and weather-normalized demand.
- Q1 operating revenues ~$5.5B.
- Net income $802M; diluted EPS $1.50.
- Operating cash flow $1.45B.
- Rate cases and transmission investment remain strategic focus.
Headline financials
Revenue & EPS history
AEP · Revenue · Quarterly
$5.46B
Revenue by segment
AEP · $5.85B total across 5 segments · Q3 2023
- Vertically Integrated Utilities$3.21B-0.6%54.8%
- Transmission & Distribution$1.54B+0.9%26.4%
- Generation & Marketing$567M-22.9%9.7%
- AEP Transmission Holdco$477M+10.6%8.1%
- Corporate & Other$57.2M+102.1%1.0%
Forward guidance
Regulated energy and midstream operators focus on rate recovery, fuel cost pass-through, and capital investment plans rather than EPS guidance in the 10-Q.
Tailwinds
- Rate base growth and approved returns.
- Distributions or dividends supported by cash flow.
- Infrastructure investment under regulatory frameworks.
Headwinds
- Interest expense and refinancing risk.
- Weather and volumetric demand variability.
- Political and regulatory changes to rate mechanisms.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2025
+0.5%
Avg return
Earnings day
+0.4%
Avg return
5 days after
+0.4%
Avg return
30 days after
62%
45 / 73 earnings
Positive
+6.1%
Q3 2025
Best reaction
-5.7%
Q1 2020
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +1.5% | -3.4% | -5.9% | |
| Q4 2025 | +3.4% | +6.5% | +9.3% | |
| Q3 2025 | +6.1% | +4.2% | +7.5% | |
| Q2 2025 | +3.7% | +5.3% | +1.6% | |
| Q1 2025 | -0.0% | -2.6% | -5.3% | |
| Q4 2024 | -1.3% | -0.1% | +3.1% | |
| Q3 2024 | -4.1% | -5.9% | -4.5% | |
| Q2 2024 | +1.1% | +4.9% | +2.8% | |
| Q1 2024 | +1.7% | +2.2% | +1.7% | |
| Q4 2023 | +2.0% | +3.1% | +2.9% | |
| Q3 2023 | +4.2% | +3.1% | +5.3% | |
| Q2 2023 | -2.5% | -4.1% | -9.5% | |
| Q1 2023 | +1.4% | +0.3% | -8.2% | |
| Q4 2022 | -0.4% | -3.1% | -1.9% | |
| Q3 2022 | +2.2% | +1.2% | +9.2% | |
| Q2 2022 | +1.2% | +2.8% | +5.6% | |
| Q1 2022 | -0.4% | -1.0% | +4.1% | |
| Q4 2021 | +5.7% | +6.6% | +14.4% | |
| Q3 2021 | +0.5% | +1.2% | -2.1% | |
| Q2 2021 | +1.5% | +5.5% | +7.5% | |
| Q1 2021 | -1.8% | -2.4% | -3.0% | |
| Q4 2020 | -2.9% | -0.8% | +10.2% | |
| Q3 2020 | +1.6% | +2.4% | -8.8% | |
| Q2 2020 | +2.1% | -1.8% | -6.8% | |
| Q1 2020 | -5.7% | -5.0% | +2.6% | |
| Q4 2019 | -1.7% | -5.1% | -31.0% | |
| Q3 2019 | -0.1% | -1.3% | -3.1% | |
| Q2 2019 | -0.7% | -1.0% | -0.0% | |
| Q1 2019 | +0.8% | +1.8% | +5.1% | |
| Q4 2018 | -0.3% | -0.1% | +6.1% | |
| Q3 2018 | -3.7% | -1.7% | +0.4% | |
| Q2 2018 | +2.9% | +1.9% | +3.6% | |
| Q1 2018 | +2.1% | +0.5% | -2.7% | |
| Q4 2017 | +0.4% | -0.2% | -1.6% | |
| Q3 2017 | +0.6% | +1.1% | +3.9% | |
| Q2 2017 | +1.4% | +1.7% | +5.9% | |
| Q1 2017 | +0.2% | +0.5% | +4.7% | |
| Q4 2016 | +0.7% | +2.4% | +7.4% | |
| Q3 2016 | -3.4% | -3.8% | -10.3% | |
| Q2 2016 | +0.6% | +0.2% | -6.1% | |
| Q1 2016 | -0.7% | — | — | |
| Q4 2015 | +4.8% | — | — | |
| Q3 2015 | -2.5% | — | — | |
| Q2 2015 | -1.1% | — | — | |
| Q1 2015 | +3.1% | — | — | |
| Q4 2014 | -0.8% | — | — | |
| Q3 2014 | +1.0% | — | — | |
| Q2 2014 | +1.2% | — | — | |
| Q1 2014 | +4.0% | — | — | |
| Q4 2013 | +1.6% | — | — | |
| Q3 2013 | +3.3% | — | — | |
| Q2 2013 | +0.2% | — | — | |
| Q1 2013 | +1.1% | — | — | |
| Q4 2012 | +3.4% | — | — | |
| Q3 2012 | -1.6% | — | — | |
| Q2 2012 | -0.7% | — | — | |
| Q1 2012 | +0.4% | — | — | |
| Q4 2011 | -1.6% | — | — | |
| Q3 2011 | -1.1% | — | — | |
| Q2 2011 | +1.9% | — | — | |
| Q1 2011 | +0.3% | — | — | |
| Q4 2010 | +1.9% | — | — | |
| Q3 2010 | +0.5% | — | — | |
| Q2 2010 | +0.5% | — | — | |
| Q1 2009 | +0.5% | — | — | |
| Q1 2010 | +2.1% | — | — | |
| Q4 2009 | +0.8% | — | — | |
| Q4 2007 | +0.8% | — | — | |
| Q3 2009 | -1.3% | — | — | |
| Q3 2008 | -1.3% | — | — | |
| Q2 2009 | -0.7% | — | — | |
| Q2 2008 | -0.7% | — | — | |
| Q4 2008 | -0.7% | — | — |
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