NASDAQ · AEP

American Electric Power Company, Inc.

Utilities · Regulated Electric

$130.21▲ 0.67% ($0.87)at close

After hours$130.85▲ 0.49%7:54 PM ET

52-week

$112.54$140.58

Market cap

$70.90B

P/E

21.34

EPS (TTM)

$6.10

Valuation

Revenue & margin DCF

The price needs 1.7% revenue growth a year for 10 years. Our scenarios assume 3.6–6.2%.

That's below its past 4-year pace of 7.0%.

Value per share

Base case

$205.45

Price used $130.21 is 37% below this

USD · TTM ending Sep 30, 2026 · Price Oct 30, 8:00 PM UTC

Revenue each value needs

Revenue in 2036

today $23.3B

Price needs$27.5B

Recent pace$45.9B

Base$38B

−$10.4Bless than the Base case

Value per share · Base case

$205.45

Price $130.21
37% below this

10-yr revenue CAGR: 5.0%
Ending operating margin: 27.9%
Discount rate: 5.6%

USD · TTM ending Sep 30, 2026 · Price Oct 30, 8:00 PM UTC

What each scenario assumes. Click a column to start from it.

Choosing a scenario changes the estimate above. Your own case is kept.

Price vs Fundamentals

Why The Stock Is Moving

Mixed / unclearLow confidence

1Y Price: 6.83%Revenue (TTM): 8.87%FCF (TTM): 64.88%P/E: 73rd pct

What changed

The stock rose 6.83% over the last year. Revenue grew 8.87% over the trailing twelve months. Operating margin moved from 25.54% to 28.6%. Free cash flow grew 64.88% over the trailing twelve months.

What the market seems to be pricing

The stock has moved higher against modestly improving underlying metrics. The operating data does not yet tell a clear story — the move may reflect sentiment, sector rotation, or macro factors rather than company-specific earnings power.

What would invalidate this read

Operating margin currently stands at 28.6%. A decisive move in revenue — currently up 8.87% — would be the clearest signal to resolve the ambiguity.

Return analysis

Company profile

American Electric Power Company, Inc. (AEP) operates as a prominent electric utility holding company, with its core business encompassing the generation, transmission, and delivery of electricity.

CEOWilliam J. Fehrman

SectorUtilities

IndustryRegulated Electric

Employees17,581

IPO dateJan 2, 1962

https://www.aep.com

Market multiples

Forward P/E—

EV/EBITDA (FY2025 year-end)11.75

Enterprise value (FY2025 year-end)$109.81B

Stock splits

Oct 31, 1962↑ Forward

Every 1 shares became 2

+100%

Profitability & growth

Revenue growth (Q3 FY26 YoY)13.67%

Gross margin (FY2025)31.81%▼0.1ppvs FY2024

Operating margin (FY2025)24.33%▲0.4ppvs FY2024

ROE (TTM to Sep 2026)10.61%▼1.7ppvs FY2025

Analyst consensus

RatingBuy

Target price$140.17▲7.65%

Buy

Hold

Sell

Analyst ratings tend to be lagging indicators. Use as one signal among many.

Earnings

Actuals vs estimates by quarter, or any quarter against the same one a year earlier.

Next report

Feb 11, 2027

Q4 FY26 · EPS est $1.36 · Revenue est $5.5B

Same quarter, year over year

FY26 YTD +9.6%

Each cell vs the same quarter a year earlier (the cell below) · Q1–Q3 combined $5.23 vs $4.77 · 2 of 3 quarters up

FY total

FY26

—

FY25

$5.96+6.2%

FY24

$5.61—

FY23

—

Fiscal year totals

FY25: $5.96; +6.2%
FY24: $5.61; —

SlowerFaster growth

BeatMissIn lineYear-ago cell

Q3 FY26

Reported Oct 28, 2026 · Latest

HoverTap a cell to inspect

Actual

$2.23

Beat by 8.8%

Estimate

$2.05

Street consensus

Year over year

+23.9%

vs Q3 FY25 · $1.80

Vs prior quarter

+64.0%

vs Q2 FY26 · $1.36

Price range $117.57-$138.51 · daily closes Jul 1-Sep 30

Implied at 20.3x street P/E $130.21 · street TTM EPS × current multiple

Institutional Sentiment

American Electric Power Company, Inc. · AEP

From Form 13F filings (managers with $100M+). Filings land up to 45 days after quarter end — read this as positioning context, not live fund flow.

NASDAQ · AEP

American Electric Power Company, Inc.

Utilities · Regulated Electric

$130.21▲ 0.67% ($0.87)at close

After hours$130.85▲ 0.49%7:54 PM ET

52-week

$112.54$140.58

Market cap

$70.90B

P/E

21.34

EPS (TTM)

$6.10

Valuation

Revenue & margin DCF

The price needs 1.7% revenue growth a year for 10 years. Our scenarios assume 3.6–6.2%.

That's below its past 4-year pace of 7.0%.

Value per share

Base case

$205.45

Price used $130.21 is 37% below this

USD · TTM ending Sep 30, 2026 · Price Oct 30, 8:00 PM UTC

Revenue each value needs

Revenue in 2036

today $23.3B

Price needs$27.5B

Recent pace$45.9B

Base$38B

−$10.4Bless than the Base case

Value per share · Base case

$205.45

Price $130.21
37% below this

10-yr revenue CAGR: 5.0%
Ending operating margin: 27.9%
Discount rate: 5.6%

USD · TTM ending Sep 30, 2026 · Price Oct 30, 8:00 PM UTC

What each scenario assumes. Click a column to start from it.

Choosing a scenario changes the estimate above. Your own case is kept.

Price vs Fundamentals

Why The Stock Is Moving

Mixed / unclearLow confidence

1Y Price: 6.83%Revenue (TTM): 8.87%FCF (TTM): 64.88%P/E: 73rd pct

What changed

The stock rose 6.83% over the last year. Revenue grew 8.87% over the trailing twelve months. Operating margin moved from 25.54% to 28.6%. Free cash flow grew 64.88% over the trailing twelve months.

What the market seems to be pricing

What would invalidate this read

Operating margin currently stands at 28.6%. A decisive move in revenue — currently up 8.87% — would be the clearest signal to resolve the ambiguity.

Return analysis

Company profile

American Electric Power Company, Inc. (AEP) operates as a prominent electric utility holding company, with its core business encompassing the generation, transmission, and delivery of electricity.

CEOWilliam J. Fehrman

SectorUtilities

IndustryRegulated Electric

Employees17,581

IPO dateJan 2, 1962

https://www.aep.com

Market multiples

Forward P/E—

EV/EBITDA (FY2025 year-end)11.75

Enterprise value (FY2025 year-end)$109.81B

Stock splits

Oct 31, 1962↑ Forward

Every 1 shares became 2

+100%

Profitability & growth

Revenue growth (Q3 FY26 YoY)13.67%

Gross margin (FY2025)31.81%▼0.1ppvs FY2024

Operating margin (FY2025)24.33%▲0.4ppvs FY2024

ROE (TTM to Sep 2026)10.61%▼1.7ppvs FY2025

Analyst consensus

RatingBuy

Target price$140.17▲7.65%

Buy

Hold

Sell

Analyst ratings tend to be lagging indicators. Use as one signal among many.

Earnings

Actuals vs estimates by quarter, or any quarter against the same one a year earlier.

Next report

Feb 11, 2027

Q4 FY26 · EPS est $1.36 · Revenue est $5.5B

Same quarter, year over year

FY26 YTD +9.6%

Each cell vs the same quarter a year earlier (the cell below) · Q1–Q3 combined $5.23 vs $4.77 · 2 of 3 quarters up

FY total

FY26

—

FY25

$5.96+6.2%

FY24

$5.61—

FY23

—

Fiscal year totals

FY25: $5.96; +6.2%
FY24: $5.61; —

SlowerFaster growth

BeatMissIn lineYear-ago cell

Q3 FY26

Reported Oct 28, 2026 · Latest

HoverTap a cell to inspect

Actual

$2.23

Beat by 8.8%

Estimate

$2.05

Street consensus

Year over year

+23.9%

vs Q3 FY25 · $1.80

Vs prior quarter

+64.0%

vs Q2 FY26 · $1.36

Price range $117.57-$138.51 · daily closes Jul 1-Sep 30

Implied at 20.3x street P/E $130.21 · street TTM EPS × current multiple

Institutional Sentiment

American Electric Power Company, Inc. · AEP

From Form 13F filings (managers with $100M+). Filings land up to 45 days after quarter end — read this as positioning context, not live fund flow.