US · USD
AEP
American Electric Power Co Inc
- Day's range
- US$117.34 – US$119.93
- Day's volume
- US$495.6m
- 52-week range
- US$110.05 – US$137.64
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See how AEP weighs in your net worth, what it has paid you and how far it is from your target allocation.
Create a free accountAEP in numbers
- Market cap
- US$65.2bn
- P/B
- 2.05
- Dividend yield (12m)
- 3.17%
The 12-month dividend yield of AEP is 3.17%, below its 5-year average of 3.59%.
AEP price history
AEP risk and return
Monthly closes adjusted for splits and distributions.
| Metric | 12 months | 36 months | 60 months |
|---|---|---|---|
| Return | +8.73% | +75.75% | +74.94% |
| Volatility (annualised) | 22.76% | 18.98% | 19.62% |
| Largest drawdown | -12.62% | -12.62% | -22.82% |
| Positive months | 6/12 | 22/36 | 36/60 |
How much did investing in AEP return?
US$1,000.00 invested on 01/09/2021 would be worth US$1,749.41 today.
- Value today in AEP
- US$1,749.41
- Return over the period
- +74.94%
- Return per year
- +11.84%
- In the S&P 500
- US$1,776.31
With dividends reinvested, before taxes and costs, at month-end closes. Past returns do not guarantee future ones.
AEP fundamentals
Valuation
- P/E—
- P/B2.05
- EV/EBITDA—
- EV/EBIT21.58
- EV/Revenue5.24
- P/EBIT12.08
- P/S2.93
- P/OCF9.29
- P/FCF—
- Earnings yield4.63%
- PEG ratio—
- Earnings per share—
- Book value per shareUS$58.46
Debt
- Net debtUS$51.2bn
- Net debt/EBITDA—
- Net debt/Equity1.61
- Debt/Equity1.63
- Current ratio0.53
- Quick ratio—
- Cash ratio0.04
Efficiency
- Gross margin—
- EBITDA margin—
- Operating margin24.29%
- Net margin—
- Asset turnover0.19
Profitability
- ROE—
- ROA—
- ROIC6.42%
- Payout—
Growth
- Revenue CAGR (5 years)7.52%
- Earnings CAGR (5 years)—
- Revenue growth (year)—
- Earnings growth (year)—
- Revenue growth (quarter)—
- Earnings growth (quarter)—
What is AEP's fair price?
Two classic value formulas, with today's numbers. The current price is US$119.75.
- Graham's fair price
- —
- AEP's earnings per share and book value per share are not available, so the formula cannot be calculated.
Benjamin Graham paid no more than a P/E of 15 and a P/B of 1.5. Their product, 22.5, times earnings (EPS) and book value per share gives the fair price.
- Bazin's ceiling price
- US$56.17
- 53.10% below the price
US$3.37 (5-year average) ÷ 6%
Décio Bazin only bought shares yielding at least 6% a year in distributions. The ceiling price is the average dividend per share of recent years divided by 6%.
Graham ignores growth and debt; Bazin assumes past distributions will repeat. They are reference points for comparison, not a buy recommendation.
AEP indicators by year
Multiples at each year's closing price; margins and returns from that year's accounts.
| Indicator | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|
| P/B | 2.00 | 1.82 | 1.69 | 2.04 | 2.00 | 2.01 | 2.38 | 1.94 |
| EV/EBITDA | 12.89 | 12.82 | 13.44 | 14.01 | — | — | — | — |
| Dividend yield | 3.24% | 3.87% | 4.15% | 3.34% | 3.37% | 3.41% | 2.87% | 3.39% |
| Book value per share | US$57.57 | US$50.56 | US$47.98 | US$46.50 | US$44.49 | US$41.38 | US$39.73 | US$38.58 |
| ROIC | 6.41% | 5.87% | 4.98% | 5.19% | 5.40% | 5.30% | 5.10% | 5.62% |
| EBITDA margin | 39.83% | 37.32% | 33.32% | 33.81% | — | — | — | — |
| Net debt/EBITDA | 5.67 | 6.22 | 6.84 | 6.57 | — | — | — | — |
AEP financial statements
| Line | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Net revenue | US$21.7bn | US$20bn | US$19.5bn | US$19.4bn | US$16.8bn | US$14.9bn |
| Cost of sales | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — |
| EBITDA | US$8.6bn | US$7.5bn | US$6.5bn | US$6.6bn | — | — |
| EBIT | US$5.3bn | US$4.3bn | US$3.6bn | US$3.5bn | US$3.4bn | US$3bn |
| Net finance result | — | — | — | — | — | — |
| Profit before tax | US$3.8bn | US$2.9bn | US$2.3bn | US$2.3bn | US$2.6bn | US$2.2bn |
| Income tax | -US$129m | US$39m | -US$55m | -US$5.4m | -US$115.5m | -US$40.5m |
| Net income | — | — | — | — | — | — |
Figures the company filed with the CVM. Debt excludes leases; each quarter is that quarter alone.
Does AEP pay dividends?
Dividend yield per year
- 3.25%2017
- 3.39%2018
- 2.87%2019
- 3.41%2020
- 3.37%2021
- 3.34%2022
- 4.15%2023
- 3.87%2024
- 3.24%2025
- 2.38%2026
| Type | Last day to own | Payment | Per share |
|---|---|---|---|
| Dividend | 07/08/2026 | 10/09/2026 | US$0.95 |
| Dividend | 07/05/2026 | 10/06/2026 | US$0.95 |
| Dividend | 09/02/2026 | 10/03/2026 | US$0.95 |
| Dividend | 07/11/2025 | 10/12/2025 | US$0.95 |
| Dividend | 07/08/2025 | 10/09/2025 | US$0.93 |
| Dividend | 08/05/2025 | 10/06/2025 | US$0.93 |
| Dividend | 07/02/2025 | 10/03/2025 | US$0.93 |
| Dividend | 07/11/2024 | 10/12/2024 | US$0.93 |
| Dividend | 08/08/2024 | 10/09/2024 | US$0.88 |
| Dividend | 08/05/2024 | 10/06/2024 | US$0.88 |
| Dividend | 07/02/2024 | 08/03/2024 | US$0.88 |
| Dividend | 08/11/2023 | 08/12/2023 | US$0.88 |
See all 40 distributions
| Type | Last day to own | Payment | Per share |
|---|---|---|---|
| Dividend | 08/08/2023 | 08/09/2023 | US$0.83 |
| Dividend | 08/05/2023 | 09/06/2023 | US$0.83 |
| Dividend | 08/02/2023 | 10/03/2023 | US$0.83 |
| Dividend | 08/11/2022 | 09/12/2022 | US$0.83 |
| Dividend | 08/08/2022 | 09/09/2022 | US$0.78 |
| Dividend | 06/05/2022 | 10/06/2022 | US$0.78 |
| Dividend | 08/02/2022 | 10/03/2022 | US$0.78 |
| Dividend | 08/11/2021 | 10/12/2021 | US$0.78 |
| Dividend | 06/08/2021 | 10/09/2021 | US$0.74 |
| Dividend | 06/05/2021 | 10/06/2021 | US$0.74 |
| Dividend | 08/02/2021 | 10/03/2021 | US$0.74 |
| Dividend | 06/11/2020 | 10/12/2020 | US$0.74 |
| Dividend | 06/08/2020 | 10/09/2020 | US$0.70 |
| Dividend | 06/05/2020 | 10/06/2020 | US$0.70 |
| Dividend | 06/02/2020 | 10/03/2020 | US$0.70 |
| Dividend | 06/11/2019 | 10/12/2019 | US$0.70 |
| Dividend | 07/08/2019 | 10/09/2019 | US$0.67 |
| Dividend | 08/05/2019 | 10/06/2019 | US$0.67 |
| Dividend | 06/02/2019 | 08/03/2019 | US$0.67 |
| Dividend | 07/11/2018 | 10/12/2018 | US$0.67 |
| Dividend | 08/08/2018 | 10/09/2018 | US$0.62 |
| Dividend | 08/05/2018 | 08/06/2018 | US$0.62 |
| Dividend | 07/02/2018 | 09/03/2018 | US$0.62 |
| Dividend | 08/11/2017 | 08/12/2017 | US$0.62 |
| Dividend | 07/08/2017 | 08/09/2017 | US$0.59 |
| Dividend | 05/05/2017 | 09/06/2017 | US$0.59 |
| Dividend | 07/02/2017 | 10/03/2017 | US$0.59 |
| Dividend | 07/11/2016 | 09/12/2016 | US$0.59 |
About American Electric Power
- Sector
- Transportation and utilities
Questions about AEP
How much is AEP today?
AEP is at US$119.75 (0.94% on the day), last traded on 01/10/2026.
How much did AEP pay in dividends in 2025?
AEP paid US$3.74 per share in 2025, a dividend yield of 3.24%.
How much did AEP return in 12 months?
AEP returned 8.73% in 12 months, with annualised volatility of 22.76% and a largest drawdown of -12.62%.