AMERICAN ELECTRIC POWER CO INC

AEP · Electric Services · 544.1M shares · +1%/yr ↑ shares · EDGAR filings ↗

Reference price $132.08 · est. market cap ~$71.9B — last insider sale, 2026-02-27 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)

Grade

B74

Large regulated electric utility with above-average margins and returns and steady earnings growth.

Strengths

Net margin 17% (87th pct), ROA 3.2% (81st), ROE 11.9% (74th)
Net income growth +24% (74th pct) with solid operating cash margin (71st)

Risks

Weak liquidity: current/quick ratio 0.45 (~7th-9th pct)
Modest revenue growth (8.7%, 40th pct) and elevated leverage typical of utilities

Notable findings

Exec changeRecent 8-K item 5.02 8-K ↗
Weak liquidityCurrent ratio 0.45 (<1)
Insider sellingInsider selling — 2 open-market sale(s) by 2 insider(s) (cluster of 2 insiders, ~$719,923, last 6mo) Form 4 ↗

Quarterly revenue

2025-06-30 · $4.9B2025-09-30 · $6.0B2025-12-31 · $5.3B2026-03-31 · $6.0B

Last 4 quarters · from SEC filings.

Key metrics

Operating margin

24.3%

Net margin

16.9%

Return on equity

11.9%

Return on assets

3.2%

ROIC

5.6%

Revenue growth (QoQ)

13.3%

Net-income growth

24.2%

Debt / equity

1.4×

Net debt / EBITDA

5.1×

Current ratio

0.5×

EBITDA

$8.6B

Tangible book value

$31.1B

Cash & investments

$417M

Stock comp / revenue

0.2%

Insider transactions · last 18 months

Date	Insider	Type	Shares	Price
2026-05-01	Dixon Kate	Tax withheld	636	$136.91
2026-05-01	Hall Greg B	Tax withheld	4.3K	$136.91
2026-05-01	Cannon Douglas A	Tax withheld	1.8K	$136.91
2026-03-31	Stoddard Daniel G.	Grant	0	$131.08
2026-03-10	Ulrich Phillip R.	Tax withheld	50	$132.31
2026-03-10	Knapp Alicia R	Grant	9	$132.31
2026-03-10	Knapp Alicia R	Tax withheld	3	$132.31
2026-03-10	Berntsen Robert	Grant	9	$132.31
2026-03-10	Berntsen Robert	Tax withheld	4	$132.31
2026-03-10	Eckert Johannes G	Grant	4	$132.31
2026-03-10	Eckert Johannes G	Tax withheld	2	$132.31
2026-03-10	Cannon Douglas A	Grant	11	$132.31
2026-03-10	Cannon Douglas A	Tax withheld	5	$132.31
2026-03-10	MIHALIK TREVOR I	Grant	61	$132.31
2026-03-10	MIHALIK TREVOR I	Tax withheld	28	$132.31
2026-03-10	Ulrich Phillip R.	Grant	110	$132.31
2026-03-10	Dixon Kate	Tax withheld	24	$132.31
2026-03-10	Ferneau Kelly J	Grant	14	$132.31
2026-03-10	Ferneau Kelly J	Tax withheld	8	$132.31
2026-03-10	Fehrman William	Grant	96	$132.31
2026-03-10	Fehrman William	Tax withheld	45	$132.31
2026-03-10	Dixon Kate	Grant	52	$132.31
2026-02-27	Ulrich Phillip R.	Sell	4.1K	$132.08
2026-02-26	Ferneau Kelly J	Tax withheld	158	—
2026-02-26	Dixon Kate	Grant	6.0K	—
2026-02-26	Dixon Kate	Tax withheld	1.8K	—
2026-02-26	Ulrich Phillip R.	Grant	12K	—
2026-02-26	Ulrich Phillip R.	Tax withheld	5.5K	—
2026-02-26	Ferneau Kelly J	Grant	4.9K	—
2026-02-24	Ferneau Kelly J	Sell	1.4K	$131.46
2026-02-23	Ulrich Phillip R.	Tax withheld	319	$132.03
2026-02-23	Ulrich Phillip R.	Tax withheld	333	$132.03
2026-02-23	Ulrich Phillip R.	Tax withheld	298	$132.03
2026-02-23	MIHALIK TREVOR I	Tax withheld	1.4K	$132.03
2026-02-23	MIHALIK TREVOR I	Tax withheld	1.6K	$132.03
2026-02-23	Knapp Alicia R	Tax withheld	416	$132.03
2026-02-23	Ferneau Kelly J	Tax withheld	136	$132.03
2026-02-23	Ferneau Kelly J	Tax withheld	165	$132.03
2026-02-23	Ferneau Kelly J	Tax withheld	288	$132.03
2026-02-23	Fehrman William	Tax withheld	1.2K	$132.03
2026-02-23	Fehrman William	Tax withheld	4.2K	$132.06
2026-02-23	Eckert Johannes G	Tax withheld	242	$132.03
2026-02-23	Dixon Kate	Tax withheld	169	$132.03
2026-02-23	Dixon Kate	Tax withheld	168	$132.03
2026-02-23	Dixon Kate	Tax withheld	118	$132.03
2026-02-23	Cannon Douglas A	Tax withheld	496	$132.03
2026-02-23	Berntsen Robert	Tax withheld	404	$132.03
2026-02-17	Ulrich Phillip R.	Grant	2.9K	$130.24
2026-02-17	MIHALIK TREVOR I	Grant	7.7K	$130.24
2026-02-17	Fehrman William	Grant	26K	$130.24
2026-02-17	Eckert Johannes G	Grant	2.9K	$130.24
2026-02-17	Dixon Kate	Grant	1.9K	$130.24
2026-02-17	Cannon Douglas A	Grant	4.8K	$130.24
2026-02-17	Knapp Alicia R	Grant	4.8K	$130.24
2026-02-17	Berntsen Robert	Grant	3.8K	$130.24
2026-02-17	Ferneau Kelly J	Grant	2.5K	$130.20
2026-02-16	Ferneau Kelly J	Grant	2.7K	$129.94
2026-01-09	Ulrich Phillip R.	Grant	21K	$116.91
2025-12-31	Stoddard Daniel G.	Grant	346	$115.31
2025-12-18	Fehrman William	Grant	43K	$115.58
2025-12-12	FOWKE BENJAMIN G S III	Sell	5.0K	$115.07
2025-11-14	FOWKE BENJAMIN G S III	Sell	5.0K	$121.58
2025-10-21	Ferneau Kelly J	Grant	6.4K	$117.43
2025-10-10	FOWKE BENJAMIN G S III	Sell	5.0K	$117.52
2025-10-02	Ferneau Kelly J	Sell	1.0K	$112.00
2025-10-01	Ferneau Kelly J	Tax withheld	351	$112.75
2025-10-01	Ferneau Kelly J	Tax withheld	53	$112.75
2025-09-30	Stoddard Daniel G.	Grant	355	$112.50
2025-09-29	Knapp Alicia R	Grant	4.1K	$109.78
2025-09-29	Knapp Alicia R	Grant	5.9K	$109.78
2025-09-12	FOWKE BENJAMIN G S III	Sell	5.0K	$108.65
2025-08-15	FOWKE BENJAMIN G S III	Sell	5.0K	$111.99
2025-08-15	Ferneau Kelly J	Sell	3.4K	$111.99
2025-08-01	Fehrman William	Tax withheld	6.2K	$113.58
2025-07-22	Tucker Sara Martinez	Grant	1.8K	$110.16
2025-07-21	Eckert Johannes G	Grant	2.0K	$108.55
2025-07-14	Berntsen Robert	Grant	3.8K	$105.02
2025-07-14	Berntsen Robert	Grant	14K	$105.02
2025-06-30	Stoddard Daniel G.	Grant	0	$103.76
2025-06-17	Feinberg David Matthew	Sell	8.1K	$101.74
2025-06-12	MIHALIK TREVOR I	Grant	49K	$103.02
2025-06-11	Cannon Douglas A	Grant	18K	$101.93
2025-06-11	Cannon Douglas A	Grant	4.8K	$101.93
2025-06-10	Feinberg David Matthew	Sell	8.1K	$101.49
2025-06-03	Feinberg David Matthew	Sell	8.1K	$102.94
2025-05-19	Lies Quinton S	Sell	10K	$102.68
2025-03-31	Stoddard Daniel G.	Grant	0	$109.27
2025-03-10	Zebula Charles E	Tax withheld	64	$107.32
2025-03-10	Risch Therace	Grant	119	$107.32
2025-03-10	Risch Therace	Tax withheld	47	$107.32
2025-03-10	Ulrich Phillip R.	Grant	108	$107.32
2025-03-10	Ulrich Phillip R.	Tax withheld	13	$107.32
2025-03-10	Feinberg David Matthew	Tax withheld	54	$107.32
2025-03-10	Lies Quinton S	Grant	114	$107.32
2025-03-10	Lies Quinton S	Tax withheld	49	$107.32
2025-03-10	Sturgess Kate	Grant	171	$107.32
2025-03-10	Sturgess Kate	Tax withheld	2	$107.31
2025-03-10	Fehrman William	Grant	34	$107.32
2025-03-10	Fehrman William	Tax withheld	15	$107.32
2025-03-10	Ferneau Kelly J	Grant	41	$107.32
2025-03-10	Ferneau Kelly J	Tax withheld	11	$107.32
2025-03-10	Feinberg David Matthew	Grant	179	$107.32
2025-03-10	Smyth Antonio P	Grant	48	$107.32
2025-03-10	Smyth Antonio P	Tax withheld	7	$107.32
2025-03-10	Zebula Charles E	Grant	143	$107.32
2025-02-27	Risch Therace	Tax withheld	3.4K	—
2025-02-27	Ferneau Kelly J	Tax withheld	802	—
2025-02-26	Ferneau Kelly J	Grant	2.8K	—
2025-02-26	Ulrich Phillip R.	Grant	9.6K	—
2025-02-26	Ulrich Phillip R.	Tax withheld	4.0K	—
2025-02-26	Feinberg David Matthew	Grant	16K	—
2025-02-26	Feinberg David Matthew	Tax withheld	7.3K	—
2025-02-26	Zebula Charles E	Grant	14K	—
2025-02-26	Zebula Charles E	Tax withheld	6.3K	—
2025-02-26	Smyth Antonio P	Grant	3.7K	—
2025-02-26	Smyth Antonio P	Tax withheld	238	—
2025-02-26	Lies Quinton S	Grant	9.2K	—
2025-02-26	Lies Quinton S	Tax withheld	3.2K	—
2025-02-26	Risch Therace	Grant	11K	—
2025-02-21	Ferneau Kelly J	Tax withheld	333	$105.33
2025-02-21	Ferneau Kelly J	Tax withheld	29	$105.33
2025-02-21	Ferneau Kelly J	Tax withheld	111	$105.33
2025-02-21	Ferneau Kelly J	Tax withheld	149	$105.33
2025-02-21	Smyth Antonio P	Tax withheld	133	$105.33
2025-02-21	Smyth Antonio P	Tax withheld	119	$105.33
2025-02-21	Smyth Antonio P	Tax withheld	127	$105.33
2025-02-21	Smyth Antonio P	Tax withheld	263	$105.33
2025-02-21	Fehrman William	Tax withheld	1.2K	$105.33
2025-02-21	Zebula Charles E	Tax withheld	424	$105.33
2025-02-21	Zebula Charles E	Tax withheld	380	$105.33
2025-02-21	Sturgess Kate	Tax withheld	167	$105.33
2025-02-21	Sturgess Kate	Tax withheld	177	$105.33
2025-02-21	Feinberg David Matthew	Tax withheld	516	$105.33
2025-02-21	Feinberg David Matthew	Tax withheld	438	$105.33
2025-02-21	Feinberg David Matthew	Tax withheld	518	$105.33
2025-02-21	Risch Therace	Tax withheld	307	$105.33
2025-02-21	Risch Therace	Tax withheld	245	$105.33
2025-02-21	Risch Therace	Tax withheld	263	$105.33
2025-02-21	Ulrich Phillip R.	Tax withheld	332	$105.33
2025-02-21	Ulrich Phillip R.	Tax withheld	294	$105.33
2025-02-21	Ulrich Phillip R.	Tax withheld	316	$105.33
2025-02-21	Lies Quinton S	Tax withheld	387	$105.33
2025-02-21	Lies Quinton S	Tax withheld	154	$105.33
2025-02-21	Lies Quinton S	Tax withheld	305	$105.33
2025-02-21	Lies Quinton S	Tax withheld	328	$105.33
2025-02-18	Sturgess Kate	Grant	1.2K	—
2025-02-18	Risch Therace	Grant	2.7K	—
2025-02-18	Lies Quinton S	Grant	2.9K	—
2025-02-18	Ferneau Kelly J	Grant	2.9K	—
2025-02-18	Feinberg David Matthew	Grant	5.1K	—
2025-02-18	Fehrman William	Grant	27K	—
2025-02-18	Ulrich Phillip R.	Grant	2.9K	—
2025-02-18	Smyth Antonio P	Grant	2.4K	—
2025-02-17	MIHALIK TREVOR I	Grant	9.3K	—
2024-12-31	Stoddard Daniel G.	Grant	434	$92.23
2024-12-31	Zebula Charles E	Tax withheld	9.5K	$92.23
2024-12-31	FOWKE BENJAMIN G S III	Grant	329	$92.23

All non-derivative Form 4 activity (SEC), newest first.

Notable events (8-K)

Date	Items
2026-05-14	Material agreementOtherExhibits	filing ↗
2026-05-05	ResultsExhibits	filing ↗
2026-04-29	Shareholder voteExhibits	filing ↗
2026-02-17	Exec/director change	filing ↗
2026-02-12	ResultsExhibits	filing ↗
2026-01-08	Other	filing ↗
2025-12-29	5.03Exhibits	filing ↗
2025-12-19	Exec/director change	filing ↗

Recent filings

Form	Filed	Period	Accession
8-K	2026-05-14	2026-05-12	0001193125-26-223988 ↗
8-K	2026-05-05	2026-05-05	0000004904-26-000031 ↗
10-Q	2026-05-05	2026-03-31	0000004904-26-000034 ↗
8-K	2026-04-29	2026-04-28	0000004904-26-000026 ↗
8-K	2026-02-17	2026-02-13	0000004904-26-000015 ↗
8-K	2026-02-12	2026-02-12	0000004904-26-000011 ↗
10-K	2026-02-12	2025-12-31	0000004904-26-000013 ↗
8-K	2026-01-08	2026-01-04	0000004904-26-000003 ↗
8-K	2025-12-29	2025-12-22	0000004904-25-000202 ↗
8-K	2025-12-19	2025-12-18	0000004904-25-000198 ↗
8-K	2025-12-05	2025-12-03	0000004904-25-000196 ↗
8-K	2025-11-25	2025-11-25	0000004904-25-000182 ↗