AEP
American Electric Power margins
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- Utilities
- NASDAQ: AEP
- Margins
Using the latest TTM figures, American Electric Power shows a gross margin of 39.3%, an operating margin of 23.4%, an EBITDA margin of 40.8%, and a net margin of 14.2%. Net margin had the largest decline, contracting by 3 percentage points, while the other available margins also decreased.
AEP margin history
Looking back over the last 3 years, American Electric Power recorded average margins of 38.83% gross, 22.23% operating, 40.54% EBITDA, and 14.79% net. American Electric Power's current metrics show that gross, operating, and EBITDA margins are above their three-year averages and net margin is below its three-year average.
AEP margin expansion
The biggest contraction was in net margin, which fell by 3 percentage points. The other available margins also declined.
AEP Gross margin
American Electric Power recorded an average gross margin of 38.83% across the last 3 years. American Electric Power currently reports a gross margin of 39.3%, 0.5 percentage points above its three-year average. The highest gross margin for American Electric Power was 41.1% in Jun 2025, while the lowest was 36% in Dec 2023.
AEP Operating margin
The average operating margin for American Electric Power was 22.23% across the past 3 years. Right now, the current operating margin for American Electric Power is 23.4%, 1.2 percentage points above its three-year average. The operating margin for American Electric Power moved between 18.7% in Dec 2023 and 24.9% in Sep 2025.
AEP EBITDA margin
Over the last 3 years, the average EBITDA margin for American Electric Power was 40.54%. The latest EBITDA margin for American Electric Power is 40.8%, 0.3 percentage points above its three-year average. American Electric Power's EBITDA margin ranged from a low of 37.7% in Dec 2023 to a high of 43.2% in Jun 2025.
AEP Net margin
American Electric Power's net margin averaged 14.79% in the last 3 years. The latest net margin for American Electric Power is 14.2%, 0.6 percentage points below its three-year average. Over the last 3 years, American Electric Power's net margin peaked at 17.7% in Jun 2025 and reached a low of 11.6% in Dec 2023.
AEP margin group comparison
With a gross margin of 39.3%, AEP ranks higher than its peers average but lower than the Utilities sector and the industry average. In comparison with the Utilities sector average of 43.2%, American Electric Power's gross margin is 9% lower.
AEP margin peer comparison
Frequently asked questions
What is American Electric Power's gross margin?
The current gross margin for AEP is 39.3% as of Sep 30, 2026.
What is American Electric Power's operating margin?
For the period ending Sep 30, 2026, AEP recorded an operating margin of 23.4%.
What is American Electric Power's EBITDA margin?
As of Sep 30, 2026, AEP has an EBITDA margin of 40.8%.
What is American Electric Power's net margin?
The current net margin for AEP is 14.2% as of Sep 30, 2026.
What are the average margins of AEP?
The three-year average margins for AEP were 38.8% gross, 22.2% operating, 40.5% EBITDA, and 14.8% net.
What are the highest historical margins of AEP?
Across the 5-year period, AEP posted its highest margins at 41.1% gross in Jun 2025, 24.9% operating in Sep 2025, 43.2% EBITDA in Jun 2025, and 17.7% net in Jun 2025.
What are the lowest historical margins of AEP?
Over the last 5 years, American Electric Power's lowest margins were 34% gross in Jun 2023, 15.8% operating in Jun 2023, 33.6% EBITDA in Mar 2023, and 10.1% net in Mar 2023.