American Electric Power Co Inc (AEP) company profile

American Electric Power Company, Inc. (AEP) is a public utility holding company that operates through public utility subsidiaries to generate, transmit, and distribute electricity. The company's reportable segments comprise Vertically Integrated Utilities, Transmission and Distribution Utilities, AEP Transmission Holdco, and Generation & Marketing. AEP delivers electric power and unbundled transmission and distribution delivery services. Its customer base includes retail consumers as well as wholesale buyers such as municipalities, rural electric cooperatives, other electric utility companies, and industrial clients spanning chemical manufacturing, oil and gas extraction, primary metal manufacturing, and data processing facilities.

AEP's utility subsidiaries provide service across portions of eleven states: Arkansas, Indiana, Kentucky, Louisiana, Michigan, Ohio, Oklahoma, Tennessee, Texas, Virginia, and West Virginia. Its operating subsidiaries serve millions of retail customers, including more than 1.5 million customers in Ohio and over 1.1 million in Texas. Across its subsidiaries and common service provider, the company employs more than 17,500 people and owns approximately 25,400 megawatts of generation capacity within its vertically integrated operations. The provided text does not identify the city or state of the company's headquarters.

Summary of the business section of American Electric Power's latest annual report, written by StockData.

“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.

Stock and option awards are grant-date fair values, not realized pay. “Other” includes pension value changes and all other compensation. Source proxy statement.

“As of December 31, 2025, the subsidiaries of AEP had a total of 17,581 employees.”