American Electric Power Co Inc (AEP)

Net profit margin

		Dec 31, 2024	Sep 30, 2024	Mar 31, 2024	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
Net income (ttm)	US$ in thousands	3,916,200	4,217,300	3,771,700	3,166,400	2,943,100	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
Revenue (ttm)	US$ in thousands	19,719,300	20,364,700	19,317,100	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
Net profit margin		19.86%	20.71%	19.53%	16.68%	15.26%	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%

December 31, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $3,916,200K ÷ $19,719,300K
= 19.86%

American Electric Power Co Inc's net profit margin has shown some fluctuations over the analyzed periods. It started at 12.34% on December 31, 2019, and remained relatively stable around the 12-14% range until March 31, 2021. From June 30, 2021, to September 30, 2021, there was a slight increase to around 14.8%. There was a significant jump to 15.38% by March 31, 2022, indicating improved profitability. However, the net profit margin declined to 12.21% by September 30, 2022, before recovering to 14.40% on December 31, 2022.

The trend then saw some fluctuation, with the net profit margin reaching a peak of 20.71% on September 30, 2024, before slightly decreasing to 19.86% by December 31, 2024. Overall, the net profit margin has generally shown an upward trend from 2019 to 2024, with some noticeable fluctuations along the way. This indicates that the company has been able to effectively manage costs and improve profitability over time.