AMERICAN ELECTRIC POWER CO INC Interest Expense 2007-2024 | AEP
What is interest expense?
Interest expense represents the cost of borrowing money, including interest paid on bonds, loans, and other debt obligations.
What is AMERICAN ELECTRIC POWER CO INC's current interest expense?
AMERICAN ELECTRIC POWER CO INC (AEP) annual interest expense for 2023 was $1.81B, a 29.42% increase from 2022. AMERICAN ELECTRIC POWER CO INC interest expense for the quarter ending September 30, 2024 was $498.8M.
What was AMERICAN ELECTRIC POWER CO INC's interest expense in 2022?
AMERICAN ELECTRIC POWER CO INC annual interest expense for 2022 was $1.40B, a 16.43% increase from 2021.
What was AMERICAN ELECTRIC POWER CO INC's interest expense in 2021?
AMERICAN ELECTRIC POWER CO INC annual interest expense for 2021 was $1.20B, a 2.87% increase from 2020.
What is AMERICAN ELECTRIC POWER CO INC's 5-year interest expense CAGR?
AMERICAN ELECTRIC POWER CO INC interest expense grew at a compound annual growth rate (CAGR) of 12.92% from FY2018 to FY2023, going from $984.4M to $1.81B over 5 years.
Year-over-year comparison from 10-K annual reports
| Period | Value | Change | Source |
|---|---|---|---|
| FY2023 | $1.81B | +29.4% | 10-K |
| FY2022 | $1.40B | +16.4% | 10-K |
| FY2021 | $1.20B | +2.9% | 10-K |
| FY2020 | $1.17B | +8.7% | 10-K |
| FY2019 | $1.07B | +8.9% | 10-K |
| FY2018 | $984.4M | +10.0% | 10-K |
| FY2017 | $895.0M | +2.0% | 10-K |
| FY2016 | $877.2M | +0.4% | 10-K |
| FY2015 | $873.9M | +0.7% | 10-K |
| FY2014 | $868.0M | -2.5% | 10-K |
| FY2013 | $890.0M | -9.9% | 10-K |
| FY2012 | $988.0M | +5.9% | 10-K |
| FY2011 | $933.0M | -6.6% | 10-K |
| FY2010 | $999.0M | +2.7% | 10-K |
| FY2009 | $973.0M | +1.7% | 10-K |
| FY2008 | $957.0M | +14.2% | 10-K |
| FY2007 | $838.0M | - | 10-K |