SECdecoded Read filings, not jargon.

American Electric Power Company, Inc. FY 2025 10-K, explained in plain English

AEP · 10-K for the period ending December 31, 2025, filed February 12, 2026 · Read the original on SEC.gov →

Key financials — as reported

Total revenue$21.7B
Gross margin— not reported
Operating income$5.3B
Net income— not reported
Diluted EPS$6.66
Cash & equivalents$197.0M
Total assets$114.5B
Long-term debt$47.3B

Key takeaway

AEP reported diluted EPS of $6.66 and operating income of $5.3 billion on $21.7 billion in revenue, demonstrating stable earnings from its regulated utility footprint.

🔒 4 more takeaways in the full analysis

Beneath the surface

Real leverage is more acute than headlines suggest: net debt of ~$47.5 billion (after $197M cash) against a $6.052 billion current asset base implies a debt-to-total-capitalization position typical of highly leveraged utilities dependent on continuous capital market access and regulatory cost recovery.

🔒 3 more insights a headline reader would miss

This is the free preview. The full analysis explains every line item above and includes 7 more findings — plus insider trades, activist stakes, and 8-K events for AEP.

Read the full analysis free Free account · 5 full analyses included · no card required