FFilingLens
Quarterly TTM Annual
Income Balance Cash flow
8Y

Three-Statement Breakdown

AEP
2026-06-30 · figures in $M

FCF DOWN

Free cash flow fell 45% to $3.5B, and covered net income 0.94×.

CASH FROM OPS +2.1%
6,944 31.7% MGN
CAPITAL EXPENDITURE +765.4%
3,453
FREE CASH FLOW -45.5%
3,491
FCF / NET INCOME -56.1%
0.94× TARGET >1.0×
Cash flow FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 YoY TTM 8Q
Net income
1,931 1,920 2,197 2,488 2,306 2,213 2,976 3,696 +24.2% 3,255 2024-09-30 · $961.7M2024-12-31 · $666.1M2025-03-31 · $802.0M2025-06-30 · $1.3B2025-09-30 · $1.0B2025-12-31 · $604.7M2026-03-31 · $903.0M2026-06-30 · $747.0M
Depreciation & amortization
NOT DISCLOSED
— — — — 3,073 2,927 3,149 3,325 +5.6% —
Cash from operations
5,223 4,270 3,833 3,840 5,288 5,012 6,804 6,944 +2.1% 7,694 2024-09-30 · $2.2B2024-12-31 · $1.7B2025-03-31 · $1.4B2025-06-30 · $1.2B2025-09-30 · $2.5B2025-12-31 · $1.8B2026-03-31 · $1.5B2026-06-30 · $1.9B
Cash conversion
2.70× 2.22× 1.74× 1.54× 2.29× 2.26× 2.29× 1.88× -17.8% 2.36×
Capital expenditures
NOT DISCLOSED
(0) (918) (0) — — (155) (399) (3,453) 8.7× (3,409)
Free cash flow
NOT DISCLOSED
5,223 3,352 3,833 — — 4,857 6,405 3,491 -45.5% 4,285 2024-09-30 · $2.2B2024-12-31 · $1.3B2025-03-31 · $1.4B2025-06-30 · -$138.0M2025-09-30 · $2.2B2025-12-31 · $17.5M2026-03-31 · $554.0M2026-06-30 · $1.6B
FCF margin
NOT DISCLOSED
32.3% 21.5% 25.7% — — 25.6% 32.5% 16.0% -50.9% 18.8%
Cash from investing
-6,354 -7,144 -6,234 -6,434 -7,752 -6,267 -7,596 -11,939 — -13,194
Dividends paid
1,256 1,350 1,425 -1,520 1,645 1,752 1,898 2,008 +5.8% 2,048
Debt repayment
2,782 1,221 1,340 2,989 2,345 2,196 2,685 3,649 +35.9% 3,903
Cash from financing
1,162 2,863 2,407 2,607 2,569 1,077 659 5,017 7.6× 5,668
Net change in cash
32 -12 6 13 105 -178 -133 22 — 168
Ending cash balance
234 247 393 403 509 330 203 197 -3.0% 375

Click a line to select it — Enter or the EXPAND pill folds out its quarter-by-quarter history.

SELECTED · FREE CASH FLOW · QoQ BRIDGE
FROM6,405 CASH FROM OPERATIONS+140 CAPITAL EXPENDITURES-3,054 TO3,491
↹ CLICK A LINE TO SELECT · ⌘F FIND LINE ITEM SRC 10-Q FILED 2026-07-30 ↗