American Electric Power

Industry: Electric Utilities

Fortune Rank: 172

American Electric Power is a public utility holding company engaged in the generation, purchase, transmission and distribution of electric power. For the 6 months ended 6/30/05, revenues decreased 15% to $5.76B. Net income applicable to Common increased 30% to $572M. Revenues reflect a decrease in gas and other operations sales. Net income benefited from lower costs of purchased gas for resale and higher other income.

American Electric Power Company, Inc. (AEP) is a registered public utility holding company that owns, directly or indirectly, all of the outstanding common stock of its public utility subsidiaries and varying percentages of other subsidiaries. The public utility subsidiaries of AEP are American Electric Power Company, Inc., AEP Generating Company, AEP Texas Central Company, AEP Texas North Company, Appalachian Power Company, Columbus Southern Power Company, Indiana Michigan Power Company, Kentucky Power Company, Ohio Power Company, Public Service Company of Oklahoma and Southwestern Electric Power Company. The service areas of AEP's public utility subsidiaries cover portions of the states of Arkansas, Indiana, Kentucky, Louisiana, Michigan, Ohio, Oklahoma, Tennessee, Texas, Virginia and West Virginia.

American Electric Power

American Electric Power is a Fortune 500 company. In 2010 American Electric Power was ranked number 172 on the Fortune 500 list, making it the 172nd largest company in the United States when judged by revenue.

American Electric Power achieved revenue of $13,489.00 million in 2010 and earned a profit of $1,357.00 million.

American Electric Power' rank improves

The company ranking improved in 2010, moving up the Fortune 500 list to 172nd compared to 180th in 2009. This was based on its 2009 revenue of $14,442 million (a change of -1 million compared to 2010) and profits of $1,380 million (a change of $0 million compared to 2009).

Another point of view

To many investors, profits are more important than the revenue a company earns. If the Fortune 500 was ranked by profits instead of revenue then American Electric Power would be ranked 94th rather than 172nd due to its profits of $1,357 in 2010.

American Electric Power Revenue* Profit* Fortune Ranking

* US$ Million

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