Name | Value |
---|---|
Revenues | 4,690.9M |
Cost of Revenue | 2,023.7M |
Gross Profit | 2,667.2M |
Operating Expense | 1,850.4M |
Operating I/L | 704.8M |
Other Income/Expense | -314.2M |
Interest Income | 415.7M |
Pretax | 390.6M |
Income Tax Expense | 10.4M |
Net Income/Loss | 397.0M |
American Electric Power Company, Inc. is a leading electric public utility holding company in the United States. It operates through various segments including Vertically Integrated Utilities, Transmission and Distribution Utilities, AEP Transmission Holdco, and Generation & Marketing. The company generates electricity using diverse sources such as coal, natural gas, nuclear, hydro, solar, and wind. It sells electricity to retail and wholesale customers, as well as supplies and markets electric power at wholesale to other electric utility companies, rural electric cooperatives, municipalities, and other market participants, making it a key player in the energy industry.