American Historical Income Statement

AEP Stock  USD 99.86  0.03  0.03%   
Historical analysis of American Electric income statement accounts such as Total Revenue of 13.9 B, Gross Profit of 8 B or Operating Income of 2.4 B can show how well American Electric Power performed in making a profits. Evaluating American Electric income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of American Electric's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining American Electric Power latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether American Electric Power is a good buy for the upcoming year.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in American Electric Power. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

About American Income Statement Analysis

American Electric Power Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to American Electric shareholders. The income statement also shows American investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

American Electric Income Statement Chart

At this time, American Electric's Interest Expense is relatively stable compared to the past year. As of 12/01/2024, Interest Income is likely to grow to about 1.1 B, while Total Revenue is likely to drop slightly above 13.9 B.

Total Revenue

Total revenue comprises all receipts American Electric Power generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of American Electric Power minus its cost of goods sold. It is profit before American Electric operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Operating Income

Operating Income is the amount of profit realized from American Electric Power operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of American Electric Power is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most accounts from American Electric's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into American Electric Power current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in American Electric Power. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
At this time, American Electric's Interest Expense is relatively stable compared to the past year. As of 12/01/2024, Interest Income is likely to grow to about 1.1 B, while Total Revenue is likely to drop slightly above 13.9 B.
 2021 2022 2023 2024 (projected)
Gross Profit10.2B11.3B8.3B8.0B
Total Revenue16.8B19.6B19.0B13.9B

American Electric income statement Correlations

0.670.47-0.34-0.410.490.460.030.670.810.80.810.36-0.53-0.71-0.460.390.57-0.42-0.31-0.29-0.60.42-0.850.76-0.7
0.670.87-0.42-0.360.590.670.320.820.970.880.910.56-0.28-0.44-0.230.60.410.00.1-0.06-0.370.01-0.280.38-0.02
0.470.87-0.43-0.390.50.680.160.770.810.550.830.54-0.21-0.39-0.220.380.370.230.04-0.12-0.36-0.04-0.080.340.23
-0.34-0.42-0.430.690.180.170.01-0.2-0.46-0.32-0.390.260.460.30.16-0.450.38-0.23-0.260.180.390.29-0.010.070.13
-0.41-0.36-0.390.690.37-0.15-0.19-0.2-0.46-0.27-0.4-0.25-0.070.38-0.05-0.350.02-0.280.050.030.110.020.040.030.23
0.490.590.50.180.370.64-0.010.830.530.540.640.31-0.51-0.38-0.590.190.69-0.2-0.2-0.25-0.590.26-0.510.740.0
0.460.670.680.17-0.150.640.150.790.610.470.740.840.12-0.41-0.190.090.810.17-0.310.02-0.220.26-0.260.50.13
0.030.320.160.01-0.19-0.010.150.080.270.340.00.470.280.210.150.80.140.260.370.370.38-0.190.22-0.270.11
0.670.820.77-0.2-0.20.830.790.080.790.670.890.47-0.44-0.61-0.560.370.70.05-0.25-0.27-0.670.23-0.470.72-0.02
0.810.970.81-0.46-0.460.530.610.270.790.920.930.53-0.35-0.53-0.290.60.46-0.140.03-0.1-0.460.11-0.460.49-0.25
0.80.880.55-0.32-0.270.540.470.340.670.920.80.44-0.37-0.45-0.260.650.42-0.330.09-0.04-0.380.14-0.550.45-0.39
0.810.910.83-0.39-0.40.640.740.00.890.930.80.51-0.38-0.66-0.360.340.54-0.08-0.18-0.26-0.570.21-0.510.63-0.19
0.360.560.540.26-0.250.310.840.470.470.530.440.510.44-0.170.140.20.660.14-0.160.210.220.21-0.110.20.06
-0.53-0.28-0.210.46-0.07-0.510.120.28-0.44-0.35-0.37-0.380.440.470.66-0.26-0.060.310.00.420.81-0.180.58-0.590.41
-0.71-0.44-0.390.30.38-0.38-0.410.21-0.61-0.53-0.45-0.66-0.170.470.17-0.12-0.40.10.220.140.56-0.740.61-0.680.39
-0.46-0.23-0.220.16-0.05-0.59-0.190.15-0.56-0.29-0.26-0.360.140.660.17-0.2-0.50.160.370.60.850.120.56-0.680.3
0.390.60.38-0.45-0.350.190.090.80.370.60.650.340.2-0.26-0.12-0.20.10.110.360.07-0.14-0.19-0.080.02-0.11
0.570.410.370.380.020.690.810.140.70.460.420.540.66-0.06-0.4-0.50.1-0.16-0.52-0.16-0.40.4-0.610.77-0.24
-0.420.00.23-0.23-0.28-0.20.170.260.05-0.14-0.33-0.080.140.310.10.160.11-0.160.230.150.19-0.340.68-0.440.65
-0.310.10.04-0.260.05-0.2-0.310.37-0.250.030.09-0.18-0.160.00.220.370.36-0.520.230.580.28-0.280.44-0.530.23
-0.29-0.06-0.120.180.03-0.250.020.37-0.27-0.1-0.04-0.260.210.420.140.60.07-0.160.150.580.530.080.36-0.430.18
-0.6-0.37-0.360.390.11-0.59-0.220.38-0.67-0.46-0.38-0.570.220.810.560.85-0.14-0.40.190.280.53-0.140.65-0.780.35
0.420.01-0.040.290.020.260.26-0.190.230.110.140.210.21-0.18-0.740.12-0.190.4-0.34-0.280.08-0.14-0.560.58-0.42
-0.85-0.28-0.08-0.010.04-0.51-0.260.22-0.47-0.46-0.55-0.51-0.110.580.610.56-0.08-0.610.680.440.360.65-0.56-0.880.83
0.760.380.340.070.030.740.5-0.270.720.490.450.630.2-0.59-0.68-0.680.020.77-0.44-0.53-0.43-0.780.58-0.88-0.5
-0.7-0.020.230.130.230.00.130.11-0.02-0.25-0.39-0.190.060.410.390.3-0.11-0.240.650.230.180.35-0.420.83-0.5
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American Electric Account Relationship Matchups

American Electric income statement Accounts

201920202021202220232024 (projected)
Interest Expense1.1B1.2B1.2B1.4B1.8B1.9B
Total Revenue15.6B14.9B16.8B19.6B19.0B13.9B
Gross Profit9.2B9.5B10.2B11.3B8.3B8.0B
Operating Income2.6B3.0B3.4B3.5B3.6B2.4B
Ebit2.6B3.3B3.7B3.8B4.0B2.5B
Ebitda5.6B6.2B6.8B7.1B7.2B4.9B
Net Income1.9B2.2B2.5B2.3B2.2B1.1B
Income Tax Expense(12.9M)40.5M115.5M5.4M54.6M51.9M
Depreciation And Amortization3.0B2.9B3.0B3.3B3.2B1.9B
Other Operating Expenses12.8B11.9B13.4B15.9B15.4B13.7B
Cost Of Revenue6.3B5.4B6.6B8.3B10.7B7.7B
Total Operating Expenses6.5B6.6B6.8B7.5B7.6B6.2B
Income Before Tax1.8B2.1B2.5B2.4B2.2B1.8B
Total Other Income Expense Net(757.5M)(841.6M)(899.4M)(1.1B)(1.3B)(1.3B)
Net Income Applicable To Common Shares1.9B2.2B2.5B2.3B2.7B1.5B
Minority Interest(1.3M)(3.4M)500K1.6M(2M)(1.9M)
Selling General Administrative2.7B2.6B2.5B2.9B3.3B3.2B
Net Income From Continuing Ops1.8B2.1B2.4B2.3B2.3B1.9B
Non Operating Income Net Other267.1M296.2M272.8M35.9M41.3M39.2M
Non Recurring(70.6M)(156.4M)(11.6M)(48.8M)(43.9M)(41.7M)
Tax Provision(12.9M)40.5M115.5M5.4M17.9M17.0M
Net Interest Income(1.1B)(1.2B)(1.2B)(1.4B)(1.7B)(1.8B)
Reconciled Depreciation2.7B2.9B3.0B3.3B3.2B3.1B

Pair Trading with American Electric

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if American Electric position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in American Electric will appreciate offsetting losses from the drop in the long position's value.

Moving together with American Stock

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Moving against American Stock

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The ability to find closely correlated positions to American Electric could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace American Electric when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back American Electric - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling American Electric Power to buy it.
The correlation of American Electric is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as American Electric moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if American Electric Power moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for American Electric can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for American Stock Analysis

When running American Electric's price analysis, check to measure American Electric's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy American Electric is operating at the current time. Most of American Electric's value examination focuses on studying past and present price action to predict the probability of American Electric's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move American Electric's price. Additionally, you may evaluate how the addition of American Electric to your portfolios can decrease your overall portfolio volatility.