American Electric Power Company Inc (AEP)

Net profit margin

		Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Net income (ttm)	US$ in thousands	2,724,200	2,500,900	2,505,600	2,510,300	2,828,000	2,298,600	2,573,800	2,631,200	2,488,100	2,384,700	2,337,300	2,279,900	2,200,100	1,917,300	1,902,200	1,842,700	1,920,300	2,132,400	1,976,500	2,043,600
Revenue (ttm)	US$ in thousands	18,982,300	19,286,200	19,470,600	19,737,800	19,639,500	18,819,800	17,916,700	17,103,500	16,792,000	16,341,200	15,784,600	15,452,100	14,918,500	14,923,900	15,172,500	15,252,100	15,561,400	15,746,500	15,764,600	16,204,200
Net profit margin		14.35%	12.97%	12.87%	12.72%	14.40%	12.21%	14.37%	15.38%	14.82%	14.59%	14.81%	14.75%	14.75%	12.85%	12.54%	12.08%	12.34%	13.54%	12.54%	12.61%

December 31, 2023 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $2,724,200K ÷ $18,982,300K
= 14.35%

The net profit margin of American Electric Power Company Inc. has shown a slight fluctuation over the past eight quarters. The trend indicates a gradual decrease in the net profit margin from 15.36% in Q1 2022 to 10.08% in Q1 2023, before rebounding to 11.63% in Q4 2023. This may indicate varying levels of profitability and efficiency in the company's operations during this period. The overall performance suggests a need for continued monitoring and potential strategic adjustments to sustain or improve profitability in the future.