American 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
Long-term operating earnings growth rate
“7-9%”
Period
The long term
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
Quarter 2025 Operating Earnings, Updated Capital Plan Drives New Long-Term Growth Rate • Five-year, $72 billion capital plan supported by 28 GW of new load backed by customer agreements • Robust capital plan enables new 7-9% long-term operating earnings growth rate through 2030 • Rate base expected to increase at a 10% compounded annual growth rate to $128 billion by 2030 • Third-quarter 2025 GAAP earnings of $1.82 per share; operating earnings of $1.80 per share • AEP expects full-year 2025 operating earnings in the upper half of its guidance range: $5.75 to $5.95 per share COLUMBUS, Ohio, October 29, 2025 - American Electric Power (Nasdaq: AEP) today reported third-quarter 2025 GAAP earnings of $972 million or $1.82 per share, compared with GAAP earnings of $960 million or $1.80 per share in third-quarter 2024. Operating earnings for third-quarter 2025 were $963 million or $1.80 per share, compared with operating earnings of $985 million or $1.85 per share in third-quarter 2024. See the detailed GAAP to operating earnings reconciliation at the end of this press release. AEP reaffirms its 2025 operating earnings guidance range of $5.75 to $5.95 per share and expects results to be in the upper half of the range. AEP today announced a new, increased long-term operating earnings growth rate of 7-9% over the next five years, bolstered by a $72 billion capital plan and supported by an expected 10% annual
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other guidance in this release
Text is the filed exhibit, verbatim.