American Electric Power Co Inc (AEP · NASDAQ)
AEP · MARKET VIEW
Market view · as of Sep 28, 2026
Revenue (TTM)
$22.79B
+7.0% YoY
Gross margin
46.4%
EPS (latest q)
$1.36
vs $1.49 est · miss
52-wk position
41.6%
-14.0% vs 52w high · -3.6% 1mo
Price (last ~year)
American Electric Power grew Q2 2026 revenue 7.0% year over year to $5.45B, but adjusted EPS of $1.36 missed consensus of $1.49 by 8.7%, its second miss in the last four quarters. The stock has fallen 11.7% over three months to $118.35, trading with an RSI of 25 and sitting 14.0% below its 52-week high, while the analyst target stands at $142.97. Leverage is elevated at 5.9x debt/EBITDA on $53.50B of total debt, and free cash flow was negative $969.0M last quarter as capex of $2.79B outpaced $1.82B in operating cash flow. Earnings fell 43.2% year over year despite the revenue growth, with a 13.8% profit margin and 10.1% ROE.
Valuation
- Market cap
- $64.43B
- P/E
- 20.51
- PEG
- 2.004
- P/B
- 2.009
- P/S
- 2.827
- EV/EBITDA
- 12.61
- Beta
- 0.5
- Analyst target
- $142.97
Quality & returns
- Gross margin
- 46.4%
- Operating margin
- 23.3%
- Profit margin
- 13.8%
- ROE
- 10.1%
- ROA
- 3.0%
Price movement
- Last
- $118.35
- 1-month
- -3.6%
- 3-month
- -11.7%
- RSI (14)
- 25
- vs SMA200
- -5.7%
- 52-wk position
- 41.6% -14.0% vs high
Quarterly trajectory
Revenue by quarter (oldest → newest)
| Quarter | Revenue | Op income | Net income | EBITDA |
|---|---|---|---|---|
| 2026-06-30 | $5.45B | $2.58B | $713.0M | $2.27B |
| 2026-03-31 | $6.02B | $1.36B | $874.0M | $2.13B |
| 2025-12-31 | $5.05B | $920.9M | $582.0M | $1.70B |
| 2025-09-30 | $6.01B | $1.52B | $972.0M | $2.51B |
Recent news
- Neutral TVA Sets Multiple All‑Time Power Demand Records During Historic September Heat Dome · 2026-09-27
- Neutral KEP5426748 Bond Profile: Coupon and Redemption · 2026-09-27
- Neutral ONE Gas to present virtually at Wolfe Research Utilities Conference on Sept 29, engaging investors. · 2026-09-25
- Neutral AEP6184588 Bond Profile: Coupon and Redemption · 2026-09-25
- Somewhat-Bullish KEP6000332 Bond Profile: Coupon and Redemption · 2026-09-25
- Neutral American Electric Power stock reports 7 percent revenue growth · 2026-09-25
Sources this view read
- fundamentals Company overview & valuation (Alpha Vantage OVERVIEW)
- filing Quarterly financial statements (Alpha Vantage INCOME/BALANCE/CASH)
- earnings Reported earnings history (Alpha Vantage EARNINGS)
- prices Adjusted daily prices (Alpha Vantage TIME_SERIES_DAILY_ADJUSTED)