AMERICAN ELECTRIC POWER CO INC Income Tax Expense 2007-2026 | AEP
What is income tax expense?
Income tax expense is the total amount of income taxes a company owes to federal, state, and foreign governments.
What is AMERICAN ELECTRIC POWER CO INC's current income tax expense?
AMERICAN ELECTRIC POWER CO INC (AEP) annual income tax expense for 2025 was $129.0M, a 430.77% increase from 2024. AMERICAN ELECTRIC POWER CO INC income tax expense for the quarter ending March 31, 2026 was $44.0M.
What was AMERICAN ELECTRIC POWER CO INC's income tax expense in 2024?
AMERICAN ELECTRIC POWER CO INC annual income tax expense for 2024 was $-39.0M, a 170.91% decline from 2023.
What was AMERICAN ELECTRIC POWER CO INC's income tax expense in 2023?
AMERICAN ELECTRIC POWER CO INC annual income tax expense for 2023 was $55.0M, a 918.52% increase from 2022.
What is AMERICAN ELECTRIC POWER CO INC's 5-year income tax expense CAGR?
AMERICAN ELECTRIC POWER CO INC income tax expense grew at a compound annual growth rate (CAGR) of 26.07% from FY2020 to FY2025, going from $40.5M to $129.0M over 5 years.
Year-over-year comparison from 10-K annual reports
| Period | Value | Change | Source |
|---|---|---|---|
| FY2025 | $129.0M | +430.8% | 10-K |
| FY2024 | $-39.0M | -170.9% | 10-K |
| FY2023 | $55.0M | +918.5% | 10-K |
| FY2022 | $5.4M | -95.3% | 10-K |
| FY2021 | $115.5M | +185.2% | 10-K |
| FY2020 | $40.5M | +414.0% | 10-K |
| FY2019 | $-12.9M | -111.2% | 10-K |
| FY2018 | $115.3M | -88.1% | 10-K |
| FY2017 | $969.7M | +1415.7% | 10-K |
| FY2016 | $-73.7M | -108.0% | 10-K |
| FY2015 | $919.6M | +1.9% | 10-K |
| FY2014 | $902.6M | +33.2% | 10-K |
| FY2013 | $677.7M | +12.2% | 10-K |
| FY2012 | $604.0M | -26.2% | 10-K |
| FY2011 | $818.0M | +27.2% | 10-K |
| FY2010 | $643.0M | +11.8% | 10-K |
| FY2009 | $575.0M | -10.4% | 10-K |
| FY2008 | $642.0M | +24.4% | 10-K |
| FY2007 | $516.0M | - | 10-K |