American Electric Power Co Inc (AEP)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 4,303,600 | 3,556,200 | 3,482,700 | 3,411,300 | 2,987,700 |
| Revenue | US$ in thousands | 19,721,300 | 18,982,300 | 19,639,500 | 16,792,000 | 14,918,500 |
| Operating profit margin | 21.82% | 18.73% | 17.73% | 20.32% | 20.03% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $4,303,600K ÷ $19,721,300K
= 21.82%
The operating profit margin of American Electric Power Co Inc has shown a relatively stable trend over the past five years, fluctuating between 17.73% and 21.82%. The company's operating profit margin was 20.03% as of December 31, 2020, which increased slightly to 20.32% by December 31, 2021. However, there was a slight dip to 17.73% by December 31, 2022, possibly indicating some operational challenges.
Subsequently, the operating profit margin improved to 18.73% by December 31, 2023, suggesting a recovery in profitability. The most recent data as of December 31, 2024, shows a significant increase in the operating profit margin to 21.82%, reflecting an improvement in the company's operational efficiency and profitability.
Overall, American Electric Power Co Inc's operating profit margin performance indicates a mix of stability and minor fluctuations in recent years, with the most recent data suggesting a positive trend towards improved profitability.
Peer comparison
Dec 31, 2024