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.