AEP

American Electric Power

Halal Rating :
Uncomfortable
Last Price $92.76 Last updated:
Market Cap $53.36b
7D Change 0.05%
1 Year Change 15.89%
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 generates, transmits, and distributes electricity to retail and wholesale customers through its vast network of assets. AEP operates through a portfolio of regulated utilities serving over 5 million customers across 11 states.

The company's primary business involves electricity generation from various sources including coal, natural gas, nuclear, hydroelectric, and renewable energy sources, as well as the transmission and distribution of that electricity through its power grid infrastructure.

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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