American Electric Power (AEP) Revenue — Quarter Ended Dec 31, 2024
Revenue for the quarter decreased compared with both the immediately preceding quarter and the same quarter one year earlier. The decline marks the first reported quarterly drop in the fiscal year.
Key takeaway
Quarter ended Dec 31, 2024 · FY2024 Q4
Revenue for the quarter decreased compared with both the immediately preceding quarter and the same quarter one year earlier. The decline marks the first reported quarterly drop in the fiscal year.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$4.8B
Revenue reported for this quarter.
Quarter-over-quarter
-13.0%
Change from the immediately preceding quarter.
Year-over-year
-5.8%
Change from the comparable year-ago quarter.
Trailing four quarters
$20B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Mar 31, 2024 | $5.1B | +8.4% |
| Jun 30, 2024 | $4.7B | +6.5% |
| Sep 30, 2024 | $5.5B | +2.4% |
| Dec 31, 2024 | $4.8B | -5.8% |
Revenue performance
The company reported lower revenue for the quarter, reversing the growth seen in each of the prior three quarters of the fiscal year.
Quarterly comparison
Revenue was below the level of the immediately preceding quarter and also below the level reported in the same quarter one year earlier.
What to watch
The filing context does not provide a specific explanation for the revenue decline in this quarter.