HighGravityDataAmerican Electric Power — Oct 29, 2025 release
Fiscal 2025 third-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000004904-25-000169
Showing in the filing
Operating earnings positioning
“upper half of the range”
Period
FY2025
Measure
Company-defined measure
Source
Prose
All guidance in this release · 21
Capital plan for the long term
“$72 billion”
Five-year capital plan for the long term
“$72 billion”
Long-term operating earnings growth rate for the long term
“7-9%”
Rate base compounded annual growth rate for FY2030
“10%”
Rate base for FY2030
“$128 billion”
Operating earnings for FY2025
“$5.75 to $5.95 per share”
Annual operating earnings growth (later year… for FY2028–2030
“at or above the high end of the range”
Operating earnings per share compounded annu… for the long term
“9%”
Operating earnings per share growth for the long term
“9% compounded annual growth rate”
Operating earnings for FY2026
“$6.15 to $6.45 per share”
Load additions for FY2030
“28 gigawatts (GW)”
Peak system demand for FY2030
“65 GW”
Investment in transmission assets
“$30 billion”
Transmission investment
“$30 billion”
Generation investment
“more than $20 billion”
Investment in generation resources
“more than $20 billion”
Capital plan dedicated to distribution network for the long term
“$17 billion”
Distribution investment
“$17 billion”
Operating earnings positioning for FY2025
“upper half of the range”
Estimated EPS on a GAAP basis for FY2025
“$6.58 to $6.78”
Operating EPS for FY2025
“$5.75 to $5.95”
Exhibit 99.1 · the passage around this item
… earlier in the release
Includes marketing, risk management and retail activities in ERCOT, MISO, PJM and SPP, and competitive generation in PJM. EARNINGS GUIDANCE AEP confirmed its 2025 operating earnings guidance range of $5.75 to $5.95 per share, guiding to the upper half of the range. Operating earnings could differ from GAAP earnings for matters such as impairments, divestitures, mark-to-market impacts or changes in accounting principles. AEP management is not able to forecast if any of these items will occur or any amounts that may be reported for future periods. Therefore, AEP is not able to provide a corresponding GAAP equivalent for 2025 earnings guidance. 3 Reflecting certain items recorded through the third quarter, the estimated earnings per share on a GAAP basis would be $6.58 to $6.78 per share. See the table below for a full reconciliation of 2025 earnings guidance. 2025 EPS Guidance Reconciliation Estimated EPS on a GAAP basis $6.58 to $6.78 Mark-to-market impact of commodity hedging activities 0.01 Sale of AEP OnSite Partners 0.02 Impact of Ohio Legislation 0.04 FERC NOLC Order (0.90) Operating EPS Guidance $5.75 to $5.95 WEBCAST AEP’s quarterly discussion with financial analysts and investors will be broadcast live over the internet at 9 a.m. Eastern today at http://www.aep.com/webcasts. The webcast will include audio of the discussion and visuals of charts and graphics referred to by AEP management. The charts and graphics will be available
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.