American Electric Power is one of the largest regulated utilities in the United States, providing electricity generation, transmission, and distribution to more than 5 million customers in 11 states. About 39% of AEP's capacity is coal, with the remainder from a mix of natural gas (28%), renewable energy and hydro (23%), nuclear (7%), and demand response (3%). Vertically integrated utilities, transmission and distribution, and generation and marketing support earnings.
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The chart shows the growth of an initial investment of $10,000 in American Electric Power Company, Inc., comparing it to the performance of the S&P 500 index.
All prices have been adjusted for splits and dividends.
American Electric Power Company, Inc. (AEP) has returned 14.93% so far this year and 27.27% over the past 12 months. Looking at the last ten years, AEP has achieved an annualized return of 7.06%, underperforming the Benchmark (SPY), which averaged 12.23% per year.
The table below presents the monthly returns of American Electric Power Company, Inc. (AEP) with color gradation from worst to best to easily spot seasonal factors.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 3.76% | 11.54% | -2.05% | 1.52% | ||||||||
| 2025 | 6.25% | 7.82% | 3.23% | -0.25% | -4.07% | 0.86% | 8.68% | -2.92% | 1.39% | 6.46% | 3.14% | -6.34% |
| 2024 | -3.53% | 9.20% | 1.06% | -0.09% | 5.24% | -2.68% | 11.22% | 1.92% | 2.41% | -3.45% | 1.35% | -7.73% |
| 2023 | -0.99% | -5.63% | 3.85% | 2.16% | -9.95% | 1.03% | 0.67% | -7.59% | -4.62% | 1.21% | 5.10% | 1.74% |
| 2022 | 2.00% | 0.82% | 10.43% | -0.70% | 2.57% | -6.54% | 2.67% | 1.95% | -13.77% | 0.25% | 9.88% | -2.85% |
| 2021 | -2.90% | -7.71% | 12.30% | 4.49% | -3.45% | -1.83% | 4.00% | 1.50% | -9.80% | 3.57% | -4.31% | 9.07% |
| 2020 | 10.29% | -14.56% | -10.69% | 7.31% | 3.47% | -6.39% | 8.93% | -8.99% | 4.00% | 10.09% | -6.54% | -2.30% |
| 2019 | 6.04% | 2.57% | 3.25% | 1.97% | 1.07% | 1.92% | -0.20% | 3.99% | 2.71% | 1.12% | -3.56% | 3.82% |
| 2018 | -6.01% | -4.60% | 4.48% | 1.73% | -2.89% | 2.30% | 2.48% | 1.56% | -1.60% | 3.66% | 5.84% | -3.19% |
| 2017 | 1.67% | 5.33% | 1.40% | 1.21% | 5.51% | -3.04% | 1.22% | 4.31% | -4.88% | 5.61% | 4.31% | -5.41% |
| 2016 | -3.93% | 1.78% | 8.26% | -1.65% | -6.24% | -0.31% | 1.25% | -8.52% | 7.04% |
The charts below present risk-adjusted performance metrics for American Electric Power Company, Inc. (AEP) and compare them to a Benchmark (SPY). These indicators evaluate an investment's returns against its associated risks.
The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.
These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns.
The chart below shows the rolling Sharpe ratio of AEP compared to the benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.
The current American Electric Power Company, Inc. volatility is 1.04%, representing the standart deviation of percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
The Drawdowns chart displays portfolio losses from any high point along the way. It shows the maximum percentage drop from a peak to a trough over a specified period, indicating the risk of significant losses.
Although chart shows positive values, it represents the percentage drop from the peak, so a value of 10% means the portfolio has dropped 10% from its highest point.
The income statement provides a summary of a company's revenues, expenses, and profits over a specific period. It shows how much money the company earned (revenues) and how much it spent (expenses), leading to the net income or profit. This statement is crucial for understanding a company's financial performance and profitability.
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Liabilities And Equity (USD) | 114.46B | 103.08B | 96.68B | 93.47B | 87.67B | 80.76B | 75.89B | 68.80B | 64.73B | 63.47B | 61.68B | 59.63B | 56.41B | 54.37B | 52.22B | 48.35B |
| Temporary Equity (USD) | - | 37.80M | - | - | - | - | 65.70M | 69.40M | - | - | - | - | - | - | - | - |
| Equity Attributable To Parent (USD) | 31.14B | 26.94B | 25.25B | 23.89B | 22.43B | 20.55B | 19.63B | 19.03B | 18.29B | 17.40B | 17.89B | 16.82B | 16.09B | 15.24B | 14.66B | 13.14B |
| Equity Attributable To Noncontrolling Interest (USD) | 1.08B | 42.30M | 39.20M | 229.00M | 247.00M | 223.60M | 281.00M | 31.00M | 26.60M | 23.10M | 13.20M | 4.00M | 1.00M | - | 1.00M | - |
| Equity (USD) | 32.22B | 26.99B | 25.29B | 24.12B | 22.68B | 20.77B | 19.91B | 19.06B | 18.31B | 17.42B | 17.90B | 16.82B | 16.09B | 15.24B | 14.67B | 13.14B |
| Redeemable Noncontrolling Interest (USD) | - | - | - | - | - | - | 65.70M | 69.40M | - | - | - | - | - | - | - | - |
| Other Non-current Liabilities (USD) | 21.57B | 20.40B | 19.63B | 19.11B | 19.06B | 18.94B | 18.85B | 17.64B | 16.96B | 16.29B | 17.10B | 16.16B | 15.84B | 14.55B | 14.43B | - |
| Long-term Debt (USD) | 47.32B | 42.64B | 40.14B | 35.62B | 33.45B | 31.07B | 26.73B | 23.35B | 21.17B | 20.26B | 19.57B | 18.68B | 18.38B | 17.76B | 16.52B | - |
| Noncurrent Liabilities (USD) | 68.89B | 63.04B | 59.77B | 54.73B | 52.52B | 50.01B | 45.57B | 40.99B | 38.13B | 36.55B | 36.67B | 34.84B | 34.22B | 32.31B | 30.95B | 29.82B |
| Other Current Liabilities (USD) | 9.89B | 10.37B | 9.55B | 11.95B | 10.37B | 8.22B | 8.21B | 6.77B | 6.21B | 7.81B | 5.69B | 6.68B | 4.85B | 5.65B | 5.52B | 4.17B |
| Accounts Payable (USD) | 3.43B | 2.64B | 2.03B | 2.61B | 2.05B | 1.71B | 2.09B | 1.87B | 2.07B | 1.69B | 1.42B | 1.29B | 1.27B | 1.17B | 1.10B | 1.16B |
| Current Liabilities (USD) | 13.31B | 13.01B | 11.58B | 14.57B | 12.43B | 9.93B | 10.30B | 8.65B | 8.27B | 9.50B | 7.11B | 7.97B | 6.11B | 6.82B | 6.61B | 5.33B |
| Liabilities (USD) | 82.20B | 76.05B | 71.36B | 69.30B | 64.95B | 59.94B | 55.87B | 49.63B | 46.40B | 46.05B | 43.78B | 42.81B | 40.33B | 39.13B | 37.56B | 35.15B |
| Other Non-current Assets (USD) | 107.67B | 96.57B | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Fixed Assets (USD) | 736.00M | 714.90M | 76.69B | 71.28B | 66.00B | 63.90B | 60.14B | 55.10B | 50.26B | 45.64B | 46.13B | 44.12B | 41.00B | 38.76B | 36.97B | 34.34B |
| Noncurrent Assets (USD) | 108.41B | 97.29B | 13.91B | 12.77B | 13.86B | 12.50B | 11.68B | 9.59B | 10.21B | 11.79B | 11.48B | 11.04B | 11.11B | 11.02B | 11.07B | 9.25B |
| Current Assets (USD) | 6.05B | 5.79B | 6.08B | 9.42B | 7.81B | 4.35B | 4.08B | 4.11B | 4.25B | 6.03B | 4.07B | 4.48B | 4.31B | 4.59B | 4.18B | 4.76B |
| Assets (USD) | 114.46B | 103.08B | 96.68B | 93.47B | 87.67B | 80.76B | 75.89B | 68.80B | 64.73B | 63.47B | 61.68B | 59.63B | 56.41B | 54.37B | 52.22B | 48.35B |
Bloom Energy is well-positioned to benefit from AI infrastructure demand and has strong partnerships with major companies like Walmart and Amazon. However, the stock has surged 450% in the past year, resulting in a P/E ratio of 165x and P/S ratio of 16x, making it expensive by traditional metrics. While the company's $6 billion product backlog shows strong demand, investors should be aware of potential price volatility given the high valuation.
Bloom Energy's stock has surged 285% in 2025, driven by AI and data center demand for on-site power generation. The company has a $20 billion backlog, achieved profitability, and signed major partnerships with Brookfield Asset Management and Oracle. However, the stock trades at an expensive forward P/E ratio of over 100 with high volatility (beta 3.12), raising valuation concerns despite strong growth prospects.
American Electric Power reported Q4 adjusted earnings of $1.19 per share, beating estimates, with revenue of $5.314 billion exceeding consensus. The company is aggressively expanding its large-load customer pipeline, adding 28 GW in signed agreements since October and targeting 56 GW by 2030, driven by massive data center demand particularly in Texas (36 GW). AEP is investing $72 billion over five years with an additional $5-8 billion in transmission opportunities identified, while reiterating 2026 earnings guidance of $6.15-$6.45 per share and long-term growth of 7-9%.
With 59% of S&P 500 companies reported, Q4 2025 shows 13% EPS growth and 8.8% revenue growth. Big Tech's massive capex spending on AI infrastructure ($185B for Alphabet, $200B for Amazon) has sparked concerns about free cash flow sustainability and SaaS disruption from AI agents. This week's earnings focus shifts to semiconductor and software companies to assess whether AI spending benefits the broader ecosystem or threatens traditional business models.
Bloom Energy stock surged 74.2% in January 2026 following a major $2.65 billion deal with American Electric Power to supply fuel cell servers. While the company's solid oxide fuel cell technology is gaining traction in AI data centers, analysts warn the stock's $37 billion valuation appears stretched relative to projected 2026 revenues of $3.16 billion, making it vulnerable to pullbacks if growth or AI buildout encounters setbacks.
American Electric Power (NASDAQ:AEP) has declared a regular quarterly cash dividend of 95 cents per share, payable March 10, 2026. This marks the company's 463rd consecutive quarterly dividend since July 1910. AEP plans to invest $72 billion from 2026-2030 to enhance customer service and support growing energy needs across its 11-state service territory.
Bloom Energy stock surged 36% this week following an announcement that its partnership with American Electric Power expanded by approximately $2.65 billion. The expansion involves AEP exercising a large portion of its option to purchase solid oxide fuel cells for a new generation facility. The growth is driven by increasing demand to power data centers for AI infrastructure, where Bloom's fuel cell technology offers on-site power solutions without grid disruption risks.
Bloom Energy shares surged 13.4% after American Electric Power announced plans for one of its units to purchase $2.65 billion in solid oxide fuel cells from Bloom Energy for AI data center power generation facilities. This follows a 2024 agreement for up to 1,000 MW of fuel cells. However, the stock trades at a steep 125x forward earnings valuation.
Dominion Energy is undergoing a strategic transformation, divesting gas distribution businesses and focusing on Virginia's regulated electric utility operations. The company benefits from substantial data center-driven electricity demand growth and is executing a multi-year offshore wind project. With an 8% projected rate base CAGR through 2029, the company offers a 5% dividend yield and potential 6-8% EPS growth, supported by Virginia's favorable regulatory framework that enables timely cost recovery.
U.S. electricity demand is expected to grow significantly due to AI data centers, electrification, and industrial reshoring. The Vanguard Utilities ETF offers an investment opportunity to capitalize on this trend, with potential outperformance in the utilities sector.