AEP

American Electric Power

Halal Rating :
Uncomfortable
Last Price $97.29 Last updated:
Market Cap $53.36b
7D Change 2.91%
1 Year Change 25.93%
Company Overview Use of Interest Company Impact Justification for our Halal Rating Recent News

Company Overview

Industries
  • Transportation
  • Communications
  • Electric
  • Gas
  • And Sanitary Services
  • Utilities
  • Electric Services
Exchange NASDAQ
Next Earnings Date Oct. 31, 2024

American Electric Power (AEP) is one of the largest electric utility companies in the United States. The company operates through transmission and distribution utilities, delivering electricity to over 5.5 million customers across 11 states. AEP owns the nation's largest electricity transmission system, a network of approximately 40,000 miles of transmission lines.

The company generates, transmits, and distributes electricity through its regulated utility operations, serving both residential and commercial customers. AEP has been transitioning its generation portfolio toward cleaner energy sources, including renewable energy, while reducing its reliance on coal-fired power plants.

Use of Interest

Reporting Date Total Revenue Total Operating Expense Interest Income Interest Expense Interest Income Ratio Interest Expense Ratio
Sept. 30, 2024 $5.42b $4.57b - $498.8m 0.00% 10.92%
June 30, 2024 $4.58b $4.36b - $465.6m 0.00% 10.68%
March 31, 2024 $5.03b $4.29b - $435.6m 0.00% 10.16%

Company Impact

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