American Electric Power Company, Inc. (AEP), headquartered in Columbus, Ohio, generates, transmits, and distributes electricity for sale to retail and wholesale customers. With a market cap of $68.8 billion, the company operates approximately 225,000 circuit miles of distribution lines that delivers electricity to 5.6 million customers.
Shares of this domestic electric utility company have underperformed the broader market over the past year. AEP has gained 10.4% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 21.5%. In 2026, AEP stock is up 8.6%, compared to the SPX’s 12.6% rise on a YTD basis.