American Electric Power Company, Inc. (AEP) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Cash from Operations | 1.52B | 1.81B | 2.46B | 1.22B | 1.45B | 1.73B | 2.17B | 1.46B | 1.44B | 1.34B | 1.79B | 1.16B | 717.8M | 554.8M | 1.74B | 1.37B | 1.62B | 866.9M | 1.93B | 1.16B |
| Operating CF Growth % | 4.76% | 4.97% | 13.21% | -16.48% | 0.54% | 29.25% | 21.1% | 25.62% | 100.92% | 140.9% | 2.96% | -14.96% | -55.75% | -36% | -9.67% | 17.86% | 1484.13% | -4.81% | 64.04% | 2.71% |
| Operating CF / Revenue % | 25.23% | 35.93% | 40.92% | 24% | 25.71% | 36.72% | 39.59% | 31.59% | 28.3% | 28.51% | 33.52% | 25.88% | 14.82% | 11.21% | 32.22% | 30.29% | 36.53% | 21.47% | 42.92% | 30.48% |
| Net Income | 903M | 489.2M | 1B | 1.29B | 802.2M | 664.1M | 961.7M | 340.3M | 1.01B | 337.8M | 958.3M | 521.2M | 400.4M | 383.4M | 683.3M | 524.5M | 718.1M | 538.6M | 796.9M | 578.2M |
| Depreciation & Amortization | 907M | 922.9M | 879.6M | 853.1M | 833.4M | 931.1M | 852.7M | 821.9M | 787.1M | 877.6M | 792.3M | 741.6M | 775.5M | 868.9M | 821.8M | 802.6M | 815.3M | 745.2M | 700.3M | 651.8M |
| Deferred Taxes | 188M | -113.3M | 477.9M | -130.4M | 76.8M | -584.9M | 145.6M | 359.6M | -202.5M | -472.5M | 319.1M | 372.1M | -33.6M | -654.9M | 263.5M | 39.1M | -99.7M | -83.5M | 352.2M | 284.5M |
| Other Non-Cash Items | -87M | -136.2M | 7.7M | -512.5M | -136M | -232M | -504.4M | 121.8M | 28M | 49.8M | 203.7M | -150.5M | -28M | -509.8M | 553.8M | 86.6M | 165.9M | -638.4M | -24.8M | 38.3M |
| Working Capital Changes | -392M | 650.6M | 94.2M | -277.4M | -126.4M | 949.1M | 717.1M | -181.6M | -176.1M | 492.9M | -479.3M | -320.6M | -396.5M | 403.9M | -579.9M | -84.3M | 22.6M | 305M | 104.5M | -391.7M |
| Capital Expenditures | -2.84B | 2.06B | -2.14B | -3.25B | -2.14B | -2.5B | -1.88B | -1.59B | -1.8B | -1.68B | -1.7B | -2.03B | -2.09B | -1.93B | -1.63B | -1.49B | -2.89B | -1.61B | -1.3B | -1.3B |
| CapEx / Revenue % | 47.23% | 168.34% | 0.72% | 63.79% | 0.63% | 0.88% | 0.52% | 34.42% | 35.23% | 35.8% | 31.84% | 45.18% | 43.19% | 39.04% | 30.23% | 32.93% | 65.16% | 39.98% | 28.97% | 34.1% |
| CapEx / D&A | 3.13x | 9.20x | 0.05x | 3.80x | 0.04x | 0.04x | 0.03x | 1.94x | 2.28x | 1.91x | 2.15x | 2.74x | 2.70x | 2.22x | 1.99x | 1.85x | 3.55x | 2.17x | 1.86x | 1.99x |
| CapEx Coverage (OCF/CapEx) | 0.53x | 0.21x | 56.81x | 0.38x | 40.50x | 41.62x | 75.97x | 0.92x | 0.80x | 0.80x | 1.05x | 0.57x | 0.34x | 0.29x | 1.07x | 0.92x | 0.56x | 0.54x | 1.48x | 0.89x |
| Cash from Investing | -3.57B | -1.37B | -2.4B | -3.25B | -2.1B | -2.83B | -1.52B | -1.58B | -1.67B | -1.62B | -378M | -2.02B | -2.25B | -1.93B | -1.62B | -1.31B | -2.89B | -1.53B | -1.68B | -1.6B |
| Acquisitions | -965M | -607M | 0 | 0 | 0 | -402.3M | 0 | 0 | 114M | -1.2M | -1.87B | -1.96B | 0 | 1.21B | 7.2M | 208.5M | -1.21B | 767.2M | -382.9M | -281.4M |
| Purchase of Investments | -575M | -574M | -1.07B | -733.8M | -602.7M | -524.5M | -1.21B | -600.1M | -590M | -663.9M | -964.1M | -698.3M | -537.3M | -916M | -613.4M | -746.3M | -508.5M | -342.8M | -449.5M | -825.2M |
| Sale of Investments | 555M | 585.8M | 1.04B | 724.5M | 586.5M | 534.5M | 1.19B | 584.6M | 572.5M | 655M | 933.8M | 688.7M | 517.6M | 910.4M | 588.5M | 747.5M | 497.4M | 329.7M | 439.9M | 806.3M |
| Other Investing | 259M | 7.72B | -2.33B | -3.23B | -2.05B | -2.4B | -1.47B | 27.8M | 29.6M | 65.4M | 3.23B | 1.98B | -133.7M | -1.2B | 28.8M | -27.4M | 42.9M | -667.9M | 18.5M | 3.9M |
| Cash from Financing | 2.12B | -1.28B | 770.3M | 2.01B | 698M | 1.05B | -601.6M | 84.5M | 129.9M | 258.6M | -1.36B | 813.7M | 1.36B | 1.35B | -162.9M | -167M | 1.55B | -314.5M | 814.3M | 470.2M |
| Dividends Paid | -520M | -510.1M | -497.4M | -499.5M | -501M | -496.5M | -471.4M | -469.1M | -466.9M | -466.6M | -430.2M | -431.8M | -431.8M | -432.7M | -409M | -404.7M | -398.8M | -396.8M | -371.7M | -371.8M |
| Dividend Payout Ratio % | 59.5% | 87.65% | 51.17% | 40.75% | 62.61% | 74.76% | 56.67% | 137.85% | 46.55% | 138.79% | 45.11% | 82.85% | 108.77% | 112.59% | 59.82% | 77.16% | 55.8% | 73.63% | 46.7% | 64.3% |
| Debt Issuance (Net) | 1000K | 1000K | 1000K | -1000K | 1000K | 1000K | -1000K | 1000K | 1000K | 1000K | -1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Stock Issued | 358M | 567.8M | 75.4M | 56.4M | 75.4M | 39.1M | 37.2M | 435.2M | 40.6M | 40.3M | 881.7M | 36.5M | 41.1M | -700K | 14.5M | 3.2M | 809.5M | 52.5M | 291.1M | 72.3M |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | 8M | -2.84B | -57.2M | 2.8B | -18.7M | 600K | -15.1M | -3.4M | -31.9M | -2.7M | -8.1M | -12M | -55.8M | 11.4M | -19.2M | -31.8M | -65.8M | -46M | 78.4M | -50.8M |
| Net Change in Cash | 71M | -838.8M | 828.2M | -13.4M | 46M | -53.2M | 51.3M | -33.9M | -97.2M | -28.1M | 56.4M | -42.8M | -163M | -20.8M | -43.9M | -104.3M | 274.1M | -975.3M | 1.07B | 35.7M |
| Exchange Rate Effect | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash at Beginning | 268M | 1.11B | 278.6M | 292M | 246M | 299.2M | 247.9M | 281.8M | 379M | 407.1M | 350.7M | 393.5M | 556.5M | 577.3M | 621.2M | 725.5M | 451.4M | 1.43B | 359.7M | 324M |
| Cash at End | 339M | 268M | 1.11B | 278.6M | 292M | 246M | 299.2M | 247.9M | 281.8M | 379M | 407.1M | 350.7M | 393.5M | 556.5M | 577.3M | 621.2M | 725.5M | 451.4M | 1.43B | 359.7M |
| Free Cash Flow | -1.32B | 3.87B | 316.2M | -2.02B | -686M | -776.2M | 293.8M | -130.7M | -353.2M | -342M | 89.7M | -868M | -1.37B | -1.38B | 107.9M | -119.6M | -1.27B | -747M | 626.7M | -138.1M |
| FCF Growth % | -93% | 598.88% | 7.62% | -1448.74% | -94.22% | -126.96% | 227.54% | 84.94% | 74.29% | 75.17% | -16.87% | -625.75% | -8.1% | -84.36% | -82.78% | 13.4% | 23.7% | -15.55% | 308.76% | 61.44% |
| FCF Margin % | -21.99% | 76.74% | 5.26% | -39.79% | -12.16% | -16.5% | 5.35% | -2.82% | -6.93% | -7.3% | 1.68% | -19.3% | -28.37% | -27.83% | 2% | -2.65% | -28.62% | -18.5% | 13.94% | -3.62% |
| FCF / Net Income % | -151.49% | 665.34% | 32.53% | -165.13% | -85.73% | -116.88% | 30.62% | -38.41% | -35.21% | -101.73% | 9.41% | -166.54% | -346.1% | -358.37% | 15.78% | -22.8% | -177.84% | -138.62% | 78.73% | -23.88% |