American Electric Power Co Inc (AEP)
Net profit margin
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Net income | US$ in thousands | 2,967,100 | 2,208,100 | 2,307,200 | 2,488,100 | 2,200,100 |
Revenue | US$ in thousands | 19,721,300 | 18,982,300 | 19,639,500 | 16,792,000 | 14,918,500 |
Net profit margin | 15.05% | 11.63% | 11.75% | 14.82% | 14.75% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $2,967,100K ÷ $19,721,300K
= 15.05%
American Electric Power Co Inc's net profit margin has shown some fluctuations over the past five years. It was 14.75% as of December 31, 2020, and increased slightly to 14.82% by December 31, 2021. However, there was a noticeable dip in the net profit margin to 11.75% by December 31, 2022, and a further decrease to 11.63% by December 31, 2023.
Despite these declines, the net profit margin rebounded to 15.05% as of December 31, 2024, surpassing the initial levels in 2020 and 2021. Overall, while there were periods of decline, the net profit margin has shown resilience and ended the five-year period on a positive note.
Peer comparison
Dec 31, 2024