American Electric Power Operating Expenses 2012-2026 | AEP

American Electric Power annual/quarterly operating expenses history and growth rate from 2012 to 2026. Operating expenses can be defined as the sum of all operating expenses for the given industry.
  • American Electric Power operating expenses for the quarter ending March 31, 2026 were $4.660B, a 11.5% increase year-over-year.
  • American Electric Power operating expenses for the twelve months ending March 31, 2026 were $17.037B, a 8.21% increase year-over-year.
  • American Electric Power annual operating expenses for 2025 were $16.557B, a 7.39% increase from 2024.
  • American Electric Power annual operating expenses for 2024 were $15.418B, a 0.05% decline from 2023.
  • American Electric Power annual operating expenses for 2023 were $15.426B, a 4.52% decline from 2022.
Unlock Macrotrends Premium
40 years of data
Faster, ad-free pages
Unlimited data exports
Full-width charts
American Electric Power Annual Operating Expenses
(Millions of US $)
2025 $16,557
2024 $15,418
2023 $15,426
2022 $16,157
2021 $13,381
2020 $11,931
2019 $12,969
2018 $13,513
2017 $11,900
2016 $15,216
2015 $13,120
2014 $13,251
2013 $11,991
2012 $12,289
2011 $12,334
American Electric Power Quarterly Operating Expenses
(Millions of US $)
2026-03-31 $4,660
2025-12-31 $4,200
2025-09-30 $4,489
2025-06-30 $3,688
2025-03-31 $4,179
2024-12-31 $3,601
2024-09-30 $4,069
2024-06-30 $3,895
2024-03-31 $3,853
2023-12-31 $3,954
2023-09-30 $3,988
2023-06-30 $3,498
2023-03-31 $3,986
2022-12-31 $4,321
2022-09-30 $4,596
2022-06-30 $3,635
2022-03-31 $3,605
2021-12-31 $3,378
2021-09-30 $3,516
2021-06-30 $3,017
2021-03-31 $3,471
2020-12-31 $3,040
2020-09-30 $3,123
2020-06-30 $2,771
2020-03-31 $2,996
2019-12-31 $3,321
2019-09-30 $3,357
2019-06-30 $3,023
2019-03-31 $3,268
2018-12-31 $3,250
2018-09-30 $3,665
2018-06-30 $3,256
2018-03-31 $3,342
2017-12-31 $3,080
2017-09-30 $3,130
2017-06-30 $2,843
2017-03-31 $2,848
2016-12-31 $3,257
2016-09-30 $5,780
2016-06-30 $3,027
2016-03-31 $3,152
2015-12-31 $3,148
2015-09-30 $3,471
2015-06-30 $3,023
2015-03-31 $3,478
2014-12-31 $3,111
2014-09-30 $3,256
2014-06-30 $3,277
2014-03-31 $3,607
2013-12-31 $2,584
2013-09-30 $3,301
2013-06-30 $3,035
2013-03-31 $3,071
2012-12-31 $3,364
2012-09-30 $3,244
2012-06-30 $2,810
2012-03-31 $2,871
2011-12-31 $3,101
2011-09-30 $3,443
2011-06-30 $2,892
Sector Industry Market Cap Revenue
Utilities Utility - Electric Power Distribution $74.088B $21.876B
American Electric Power Company, Inc. is a public utility holding company, which, through directly and indirectly owned subsidiaries, generates, transmits and distributes electricity, natural gas and other commodities. It is one of the largest integrated utilities in the U.S., serving more than 5.5 million customers in multiple states. Its service area covers Arkansas, Indiana, Kentucky, Louisiana, Michigan, Ohio, Oklahoma, Tennessee, Texas, Virginia and West Virginia. The company mainly operates under the following business segments: Vertically Integrated Utility Operations, Transmission & Distribution Utilities, AEP Transmission Holdco, Generation and Marketing. Its public utility subsidiaries are Appalachian Power Company, Indiana Michigan Power Company, Kentucky Power Company, Kingsport Power Company, Ohio Power Company, Public Service Company of Oklahoma, Southwestern Electric Power Company, AEP Texas Central Company, AEP Texas North Company, Wheeling Power Company, etc.
Stock Name Country Market Cap PE Ratio
NextEra Energy (NEE) United States $196.185B 25.36
Iberdrola S.A (IBDRY) Spain $161.115B 22.76
Enel SpA (ENLAY) Italy $117.323B 17.22
Southern (SO) United States $109.616B 22.65
Duke Energy (DUK) United States $102.548B 20.85
ENGIE - (ENGIY) France $87.078B 0.00
E.ON SE (EONGY) Germany $60.416B 17.92
Dominion Energy (D) United States $56.456B 18.78
Entergy (ETR) United States $53.320B 29.79
Vistra (VST) United States $52.384B 28.65
Xcel Energy (XEL) United States $51.418B 21.74
RWE AG (RWEOY) Germany $50.325B 24.67
Exelon (EXC) United States $49.696B 17.60
Consolidated Edison Inc (ED) United States $41.838B 19.89
Public Service Enterprise Group (PEG) United States $41.460B 20.53
Pacific Gas & Electric (PCG) United States $40.750B 12.36
WEC Energy (WEC) United States $38.283B 22.26
NRG Energy (NRG) United States $35.202B 20.31
Ameren (AEE) United States $31.386B 22.56
DTE Energy (DTE) United States $31.138B 20.34
PPL (PPL) United States $29.823B 21.91
FirstEnergy (FE) United States $29.747B 20.17
Fortis (FTS) Canada $29.326B 23.13
AXIA Energia (AXIA) Brazil $29.326B 19.74
Edison (EIX) United States $29.145B 11.56
CenterPoint Energy (CNP) United States $28.384B 24.51
Eversource Energy (ES) United States $26.298B 14.67
Hydro One (HRNNF) Canada $25.785B 0.00
CMS Energy (CMS) United States $24.449B 21.99
Terna Rete Elettrica Nazionale SpA (TEZNY) Italy $24.308B 0.00
CLP Holdings (CLPHY) Hong Kong, SAR China $24.304B 0.00
NiSource (NI) United States $23.033B 25.29
Evergy (EVRG) United States $19.247B 21.94
Korea Electric Power (KEP) South Korea $19.002B 3.15
Alliant Energy (LNT) United States $18.880B 22.63
Power Assets Holdings (HGKGY) Hong Kong, SAR China $17.467B 0.00
United Utilities Group (UUGRY) United Kingdom $12.792B 0.00
Pinnacle West Capital (PNW) United States $12.537B 20.47
China Resources Power Holdings (CRPJY) Hong Kong, SAR China $12.216B 0.00
Brookfield Renewable Partners (BEP) Bermuda $10.512B 0.00
AES (AES) United States $10.261B 6.15
OGE Energy (OGE) United States $10.205B 21.41
Companhia Paranaense De Energia - Copel (ELPC) $9.929B 28.38
ENGIE BRASL EGA (EGIEY) Brazil $8.282B 17.20
IDACORP (IDA) United States $8.108B 25.00
Comp En De Mn Cemig ADS (CIG) Brazil $7.813B 0.00
Portland General Electric (POR) United States $6.215B 17.66
Enel Chile S.A (ENIC) Chile $6.128B 11.07
Black Hills (BKH) United States $5.613B 17.96
Companhia Paranaense De Energia (COPEL) (ELP) Brazil $5.520B 84.27
Algonquin Power & Utilities (AQN) Canada $4.912B 19.36
Pampa Energia S.A (PAM) Argentina $4.748B 12.60
Kenon Holdings (KEN) Singapore $4.594B 0.00
NorthWestern (NWE) United States $4.342B 19.72
TransAlta (TAC) Canada $4.161B 93.33
Allete (ALE) United States $3.945B 23.02
Otter Tail (OTTR) United States $3.788B 13.76
Avista (AVA) United States $3.456B 17.52
Centuri Holdings (CTRI) United States $3.397B 93.58
MGE Energy (MGEE) United States $2.968B 21.71
Hawaiian Electric Industries (HE) United States $2.710B 18.26
Empresa Distribuidora Y Comercializadora Norte S.A (Edenor) (EDN) Argentina $1.307B 6.74
Unitil (UTL) United States $0.982B 17.11
Ballard Power Systems (BLDP) Canada $0.847B 0.00
Genie Energy (GNE) United States $0.381B 0.00
Polar Power (POLA) United States $0.005B 0.00
Great Plains Energy Inc (GXP) United States $0.000B 0.00
Eletrobras (EBR.B) Brazil $0.000B 0.00