American Electric Power

Revenue declined +3.3% YoY to $18.98B. 5-year revenue CAGR +4.1%; 10y CAGR +1.7%. Net margin at 0.00% (contracting ▼).

• Revenue declined +3.3% YoY to $18.98B.
• 5-year revenue CAGR +4.1%; 10y CAGR +1.7%.
• Net margin at 0.00% (contracting ▼).
• Return on equity 0.00%, ROA 0.00%, ROIC 5.11%.
• Gross margin 0.00%, operating margin 18.73%.
• Debt/equity 1.56, current ratio 0.53, net debt $49.25B.
• Asset turnover 0.16 — capital efficiency.

Latest annual report (10-K) filed Feb 12, 2026. Latest quarterly report (10-Q) filed May 5, 2026. 11 recent 8-K material-event filings in the index.

• Latest annual report (10-K) filed Feb 12, 2026.
• Latest quarterly report (10-Q) filed May 5, 2026.
• 11 recent 8-K material-event filings in the index.
• Recent insider Form 4s: 0 buy vs 0 sell transactions.
• ~10,000+ recent 13F-HR filings reference American Electric Power; broad institutional reporting.
• Recent filers include ZOLA CAPITAL MANAGEMENT LLC, UNIZAN FINANCIAL SERVICES GROUP NATIONAL ASSOCIATION, ZOLA CAPITAL MANAGEMENT LLC.
• 20 recent 13G passive institutional ownership notices.

6 risk signal(s), 1 positive signal(s), 1 watch item(s) detected from XBRL filing diff analysis. Revenue grew -3.3% but receivables grew +7.5% — the receivables-to-revenue gap suggests growth may be partially driven by extended credit terms rather than genuine demand. If DSO continues to rise, a revenue reversal or bad-debt charge could follow.

• Receivables outpacing revenue: Accounts receivable grew +7.5% YoY vs revenue growth of -3.3%. The +10.9% spread suggests extended credit terms, channel stuffing risk, or collection deterioration. Investigate the allowance for doubtful accounts and DSO trend.
• Earnings-cash flow divergence: Net income grew +60.3% while operating cash flow declined -5.2%. This divergence may indicate accrual-based earnings inflation — non-cash gains, aggressive revenue recognition, or working capital absorption. The accrual ratio (NI − OCF) is deteriorating.
• NEW: Going concern doubt in latest filing: The term "going concern" appears in recent 10-K/10-Q filings but was NOT present in the prior 24-month period. This is a new risk disclosure that warrants attention. Found in 3 filing(s).
• Material weakness in internal controls: The term "material weakness" appears in 22 recent filing(s) (vs 2 in the prior period). This risk language is ongoing.
• NEW: Substantial doubt about ability to continue in latest filing: The term "substantial doubt" "ability to continue" appears in recent 10-K/10-Q filings but was NOT present in the prior 24-month period. This is a new risk disclosure that warrants attention. Found in 1 filing(s).
• Restatement of financial statements: The term "restate" "financial statements" appears in 19 recent filing(s) (vs 2 in the prior period). This risk language is ongoing.
• Endogenous analysis: Revenue grew -3.3% but receivables grew +7.5% — the receivables-to-revenue gap suggests growth may be partially driven by extended credit terms rather than genuine demand. If DSO continues to rise, a revenue reversal or bad-debt charge could follow.
• Endogenous analysis: "Material weakness in internal controls" combined with earnings-cash flow divergence is especially concerning — it suggests the reported earnings may not be reliable due to control deficiencies, and the cash flow shortfall may be masking underlying issues.
• 1 new XBRL disclosure(s) in latest filing — expanding reporting scope.
• 20 disclosure(s) dropped from prior year — reduced reporting granularity.
• 3 new risk-language term(s) detected in filing text: Going concern doubt, Substantial doubt about ability to continue, Off-balance sheet arrangements.
• Ongoing high-severity risk language: Material weakness in internal controls, Restatement of financial statements.