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Income Statement (USD)
Q1 '24 | QoQ | |
---|---|---|
Revenue | 5.03B | 9.8% |
Gross Profit | 4.75B | 1.1% |
Cost of Revenue | 276M | 328.4% |
Operating expense | 3.85B | 2.5% |
Net Income | 1.01B | 22.1% |
EBITDA | 1.21B | 2.9% |
Balance Sheet (USD)
Q1 '24 | QoQ | |
---|---|---|
Total Assets | 97.7B | 1.1% |
Total Liabilities | 71.8B | 0.7% |
Total Equity | 25.8B | 2.2% |
Shares Outstanding | 527M | 0.1% |
Cash Flow (USD)
Q1 '24 | QoQ | |
---|---|---|
Cash from operations | 1.44B | 7.9% |
Cash from investing | -1.67B | 2.8% |
Cash from financing | 130M | 49.8% |
EPS
Financial Highlights for American Electric Power Company in Q1 '24
American Electric Power Company reported a revenue of 5.03B, which is a 9.8% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 4.75B, marking a 1.1% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 276M, a 328.4% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 3.85B, showing a -2.5% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was 1.01B, showing a -22.1% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
The company's EBITDA for the quarter was 1.21B, showing a -2.9% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.
American Electric Power Company faced some challenges this quarter with a decline in one or more of the key metrics: revenue, gross profit, or net income. An increase in the cost of revenue, higher than the revenue growth, suggests potential margin pressures. A decline in EBITDA signals potential operational challenges or increased costs.