For the year ending 2025-12-31, AEP had $22,000K increase in cash & cash equivalents over the period. $3,491,000K in free cash flow.
| Cash Flow | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Net income | 3,696,000 | 2,975,800 | 2,212,600 | - |
| Depreciation and amortization | 3,380,000 | 3,289,900 | 3,090,400 | - |
| Deferred income taxes | 311,000 | 58,300 | 185,100 | - |
| Loss on the expected sale of the kentucky operations | - | 0 | - | - |
| Loss on the sale of the competitive contracted renewables portfolio | 0 | 0 | - | - |
| Asset impairments and other related charges | 66,000 | 142,500 | 85,600 | - |
| Impairment of equity method investment | - | 0 | - | - |
| Allowance for equity funds used during construction | 245,000 | 211,000 | 174,900 | - |
| Mark-to-market of risk management contracts | 116,000 | 80,400 | -8,800 | - |
| Amortization of nuclear fuel | 109,000 | 102,900 | 96,600 | - |
| Pension contributions to qualified plan trust | 95,000 | - | - | - |
| Property taxes | 42,000 | 45,400 | - | - |
| Deferred fuel over/under-recovery, net | -133,000 | -277,000 | - | - |
| Property taxes | - | - | -41,100 | - |
| Gain on the sale of mineral rights | - | 0 | - | - |
| Deferred fuel over/under-recovery, net | - | - | -892,800 | - |
| Establishment of 2017-2019 virginia triennial review regulatory asset | - | 0 | - | - |
| Change in regulatory assets | 304,000 | 174,300 | 315,800 | - |
| Change in other noncurrent assets | 559,000 | 347,600 | 465,100 | - |
| Change in other noncurrent liabilities | 269,000 | 306,300 | 29,000 | - |
| Accounts receivable, net | 246,000 | 156,000 | -236,500 | - |
| Fuel, materials and supplies | -115,000 | -171,600 | 504,000 | - |
| Accounts payable | 252,000 | 85,100 | -253,200 | - |
| Accrued taxes, net | 32,000 | 240,200 | 22,500 | - |
| Rockport plant, unit 2 operating lease payments | - | - | 0 | - |
| Other current assets | -85,000 | 13,200 | 43,900 | - |
| Other current liabilities | 103,000 | 182,600 | -161,400 | - |
| Accrued interest-AEPTransmission Co | - | - | 10,800 | - |
| Rockport plant, unit 2 operating lease amortization-Indiana Michigan Power Co | - | - | 0 | - |
| Amortization (deferral) of incremental nuclear refueling outage expenses, net-Indiana Michigan Power Co | - | - | -25,600 | - |
| Net cash flows from operating activities | 6,944,000 | 6,804,300 | 5,012,200 | 5,288,000 |
| Construction expenditures | 8,453,000 | 7,630,700 | 7,378,300 | 6,671,700 |
| Purchases of investment securities | 2,981,000 | 2,922,500 | 2,863,600 | 2,784,200 |
| Sales of investment securities | 2,935,000 | 2,878,000 | 2,795,100 | 2,743,800 |
| Acquisitions of nuclear fuel | 130,000 | 139,900 | 128,200 | 100,700 |
| Acquisitions of renewable energy facilities | - | 399,500 | - | - |
| Acquisitions of generation facilities | 3,453,000 | - | - | - |
| Proceeds from sales of assets | 25,000 | 362,200 | - | - |
| Acquisition of assets-Dry Lake Solar Project | - | - | - | 0 |
| Acquisitions of renewable energy facilities-Renewable Energy Facilities | - | - | 155,200 | - |
| Proceeds from sale of equity method investment | 0 | 114,000 | - | - |
| Other investing activities | -118,000 | -141,900 | -122,100 | -50,300 |
| Change in advances to affiliates, net-AEPTexas Inc. | - | - | 200 | 0 |
| Net cash flows used for investing activities | -11,939,000 | -7,596,500 | -6,266,700 | -7,751,800 |
| Capital contribution from noncontrolling interest | 38,000 | - | - | - |
| Issuance of common stock, net | 775,000 | 552,100 | - | 826,500 |
| Issuance of long-term debt | 8,261,000 | 5,117,000 | - | 4,649,700 |
| Issuance of short-term debt with original maturities greater than 90 days | 320,000 | 723,800 | - | 833,900 |
| Change in short-term debt with original maturities less than 90 day, net | -658,000 | -159,100 | - | 1,650,400 |
| Retirement of long-term debt | 3,649,000 | 2,685,000 | - | 2,345,400 |
| Redemption of short-term debt with original maturities greater than 90 days | 678,000 | 871,100 | - | 986,100 |
| Principal payments for finance lease obligations | 51,000 | 64,800 | - | 309,500 |
| Proceeds from the midwest transmission holdings noncontrolling interest transaction, net of transaction costs | 2,783,000 | - | - | - |
| Dividends paid on common stock | 2,008,000 | 1,903,900 | - | 1,645,200 |
| Dividends paid on noncontrolling interest | 108,000 | - | - | - |
| Other financing activities | -8,000 | -49,800 | - | -105,400 |
| Capital contributions from member-AEPTexas Inc. | - | - | - | 4,300 |
| Change in advances from affiliates, net-AEPTexas Inc. | - | - | - | 69,600 |
| Dividends paid on common stock-AEPTransmission Co | - | - | - | 170,000 |
| Net cash flows from financing activities | 5,017,000 | 659,200 | 1,077,000 | 2,568,900 |
| Net increase (decrease) in cash, cash equivalents and restricted cash | 22,000 | -133,000 | -177,500 | 105,100 |
| Cash and cash equivalents at beginning of period | 246,000 | 379,000 | 556,500 | 451,400 |
| Cash and cash equivalents at end of period | 268,000 | 246,000 | 379,000 | 556,500 |
AMERICAN ELECTRIC POWER CO INC (AEP)
AMERICAN ELECTRIC POWER CO INC (AEP)