AEP American Electric Power

FY2025 10-K
Filed: Feb 12, 2026
Utilities
Electric ServicesSEC EDGAR

American Electric Power (AEP) filed its fiscal year 2025 10-K annual report with the SEC on Feb 12, 2026. This page provides AI-powered analysis of the filing, including business overview, management discussion, risk factors, and key financial metrics from XBRL data.

AI Filing Analysis
FY2025 10-K

Business Overview

  • Core business model: Electric power generation, transmission, and distribution across multiple subsidiaries
  • No new products, services, or segments introduced or emphasized in 2026 filing
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Management Discussion & Analysis

  • No revenue, profitability, or segment performance data provided in MD&A section
  • Key risks: economic conditions, inflation, regulation changes, natural disasters, fuel costs, capital market volatility, cybersecurity threats
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Risk Factors

  • Regulatory risk: Possible FERC and state commission disallowance of recovery of capital improvements, impacting cost recovery of investments across multiple states
  • Geopolitical/macroeconomic risk: Concentration risk in AEP Texas with 38% operating revenue from two largest REPs, vulnerable to ERCOT market and REP financial instability
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Financial Summary
XBRL

Revenue

$21.7B

Net Income

$3.6B

Operating Margin

24.5%

Net Margin

16.5%

ROE

11.5%

Total Assets

$114.5B

EPS (Diluted)

$6.66

Operating Cash Flow

$6.9B

Source: XBRL data from American Electric Power FY2025 10-K filing on SEC EDGAR. All figures in USD.

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