American Electric Power Co Inc (AEP) — Free Cash Flow Generation Index

Latest as of March 2026: -0.87x

American Electric Power Co Inc (AEP) has a Free Cash Flow Generation Index of -0.87x as of March 2026. Free cash flow of $-1.32 Billion represents -1% of operating cash flow ($1.52 Billion). Explore AEP capex reinvestment rate to see what proportion of operating cash flow is directed to capital expenditures.

FCF Generation Index

-0.87x
Free Cash Flow / Operating CF

Free Cash Flow

$-1.32 Billion
USD

Operating Cash Flow

$1.52 Billion
USD

Capital Expenditures

$2.84 Billion
USD

American Electric Power Co Inc Free Cash Flow Generation Index (1994–2025)

Historical FCF Generation Index trend for American Electric Power Co Inc across 32 annual periods. For the full cash flow conversion analysis, see AEP cash flow conversion.

Annual Free Cash Flow Generation for American Electric Power Co Inc (1994–2025)

Year-by-year Free Cash Flow Generation Index for American Electric Power Co Inc. Check American Electric Power Co Inc cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.

Year FCG Index Free Cash Flow (USD) Operating CF Capital Expenditures YoY Change
2025 0.98x $6.81 Billion $6.94 Billion $130.00 Million ▲ +0.2%
2024 0.98x $6.66 Billion $6.80 Billion $139.90 Million ▲ +296.8%
2023 -0.50x $-2.49 Billion $5.01 Billion $7.51 Billion ▼ -77.3%
2022 -0.28x $-1.48 Billion $5.29 Billion $6.77 Billion ▲ +44.0%
2021 -0.50x $-1.92 Billion $3.84 Billion $5.76 Billion ▲ +22.6%
2020 -0.65x $-2.48 Billion $3.83 Billion $6.32 Billion ▼ -47.6%
2019 -0.44x $-1.87 Billion $4.27 Billion $6.14 Billion ▼ -102.1%
2018 -0.22x $-1.13 Billion $5.22 Billion $6.36 Billion ▲ +39.4%
2017 -0.36x $-1.53 Billion $4.27 Billion $5.80 Billion ▼ -314.6%
2016 -0.09x $-390.30 Million $4.52 Billion $4.91 Billion ▼ -290.5%
2015 0.05x $218.50 Million $4.82 Billion $4.60 Billion ▼ -42.4%
2014 0.08x $363.00 Million $4.61 Billion $4.25 Billion ▼ -1.5%
2013 0.08x $328.00 Million $4.11 Billion $3.78 Billion ▼ -54.8%
2012 0.18x $672.00 Million $3.80 Billion $3.13 Billion ▼ -33.9%
2011 0.27x $1.01 Billion $3.79 Billion $2.77 Billion ▲ +215.0%
2010 0.08x $226.00 Million $2.66 Billion $2.44 Billion ▲ +166.3%
2009 -0.13x $-317.00 Million $2.48 Billion $2.79 Billion ▲ +73.0%
2008 -0.48x $-1.22 Billion $2.58 Billion $3.80 Billion ▲ +2.9%
2007 -0.49x $-1.17 Billion $2.39 Billion $3.56 Billion ▼ -67.9%
2006 -0.29x $-796.00 Million $2.73 Billion $3.53 Billion ▼ -3.8%
2005 -0.28x $-527.00 Million $1.88 Billion $2.40 Billion ▼ -180.7%
2004 0.35x $904.00 Million $2.60 Billion $1.69 Billion ▼ -15.4%
2003 0.41x $950.00 Million $2.31 Billion $1.36 Billion ▲ +1633.9%
2002 -0.03x $-45.00 Million $1.68 Billion $1.72 Billion ▼ -107.1%
2001 0.38x $1.12 Billion $2.95 Billion $1.83 Billion ▲ +311.3%
2000 -0.18x $-270.00 Million $1.50 Billion $1.77 Billion ▼ -193.5%
1999 -0.06x $-50.00 Million $817.00 Million $867.00 Million ▼ -126.5%
1998 0.23x $237.40 Million $1.03 Billion $792.10 Million ▼ -36.9%
1997 0.37x $437.50 Million $1.20 Billion $760.40 Million ▼ -31.5%
1996 0.53x $659.40 Million $1.24 Billion $577.70 Million ▲ +25.0%
1995 0.43x $450.60 Million $1.06 Billion $606.00 Million ▲ +24.8%
1994 0.34x $334.20 Million $977.70 Million $643.50 Million
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).