American Electric Power Co Inc (AEP)

Debt-to-equity ratio

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Long-term debt US$ in thousands 39,307,800 37,652,700 34,314,600 31,300,700 28,986,400
Total stockholders’ equity US$ in thousands 26,943,800 25,246,700 23,893,400 22,433,200 20,550,900
Debt-to-equity ratio 1.46 1.49 1.44 1.40 1.41

December 31, 2024 calculation

Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $39,307,800K ÷ $26,943,800K
= 1.46

American Electric Power Co Inc's debt-to-equity ratio has seen some fluctuations over the years. As of December 31, 2020, the ratio stood at 1.41, indicating that the company had $1.41 in debt for every $1 in equity. In the following years, we observe a slight decrease to 1.40 by December 31, 2021, followed by an increase to 1.44 by December 31, 2022. This ratio continued to rise to 1.49 by December 31, 2023, before dipping slightly to 1.46 by December 31, 2024. Overall, the trend suggests that American Electric Power Co Inc has maintained a relatively stable level of debt in relation to its equity, with some variability in recent years.