FFilingLens
Quarterly TTM Annual
Income Balance Cash flow
8Q

Three-Statement Breakdown

AEP
2026-06-30 · figures in $M

FCF UP

Free cash flow rose 180% to $1.6B, and covered net income 2.08×.

CASH FROM OPS +25.2%
1,902 34.9% MGN
CAPITAL EXPENDITURE -63.7%
350
FREE CASH FLOW +180.1%
1,552
FCF / NET INCOME +238.6%
2.08× TARGET >1.0×
Cash flow 24-09 24-12 25-03 25-06 25-09 25-12 26-03 QoQ YoY TTM 8Q
Net income
RESTATED · WAS 1,288 10-Q
962 666 802 1,289 1,000 605 903 747 -17.3% -42.0% 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
Cash from operations
2,173 1,727 1,450 1,221 2,460 1,813 1,519 1,902 +25.2% +55.8% 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
2.26× 2.59× 1.81× 0.95× 2.46× 3.00× 1.68× 2.55× +51.4% +168.8% 2.36×
Capital expenditures
(0) (399) (0) (1,359) (298) (1,796) (965) (350) -63.7% -74.2% (3,409)
Free cash flow
2,173 1,328 1,450 -138 2,162 18 554 1,552 +180.1% — 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
40.1% 28.3% 26.5% -2.7% 36.0% 0.3% 9.2% 28.5% +209.7% — 18.8%
Cash from investing
-1,520 -2,826 -2,102 -3,245 -2,402 -4,190 -3,569 -3,033 — — -13,194
Dividends paid
RESTATED · WAS 501
467 495 500 499 499 510 520 519 -0.2% +4.0% 2,048
Debt repayment
RESTATED · WAS 229
200 716 229 1,095 1,480 845 678 900 +32.7% -17.8% 3,903
Cash from financing
-602 1,046 698 2,011 770 1,538 2,121 1,239 -41.6% -38.4% 5,668
Net change in cash
51 -53 46 -13 828 -839 71 108 +52.1% — 168
Ending cash balance
246 203 257 227 1,068 197 306 375 +22.5% +65.0% 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
FROM554 CASH FROM OPERATIONS+383 CAPITAL EXPENDITURES+615 TO1,552
↹ CLICK A LINE TO SELECT · ⌘F FIND LINE ITEM SRC 10-Q FILED 2026-07-30 ↗