AEP (American Electric Power Co) Construction In Progress: $8,314 Mil (As of Mar. 2026)


AEP American Electric Power Co Inc AEP
78 GF Score
Price $135.07
GF Value $110.98
Valuation Modestly Overvalued
! 10 Warning Signs
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What is American Electric Power Co Construction In Progress?

American Electric Power Co AEP +0.99% 78 Construction In Progress is $8,314 Mil as of Mar. 2026. GuruFocus rates AEP with a GF Score™ of 78/100 and a GF Value™ of $110.98 (Modestly Overvalued). The stock has 10 warning signs investors should review.

American Electric Power Co's quarterly construction in progress increased from Sep. 2025 ($7,457 Mil) to Dec. 2025 ($7,635 Mil) and increased from Dec. 2025 ($7,635 Mil) to Mar. 2026 ($8,314 Mil).

American Electric Power Co's annual construction in progress increased from Dec. 2023 ($5,508 Mil) to Dec. 2024 ($6,347 Mil) and increased from Dec. 2024 ($6,347 Mil) to Dec. 2025 ($7,635 Mil).

American Electric Power Co Construction In Progress Historical Data

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The historical data trend for American Electric Power Co's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

American Electric Power Co Construction In Progress Chart

American Electric Power Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,684.30 4,809.70 5,508.00 6,347.00 7,635.00

American Electric Power Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Construction In Progress Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6,835.40 6,945.30 7,456.70 7,635.00 8,314.00
AEP
78GF Score
American Electric Power Co Inc AEP
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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American Electric Power Co Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

What does a Construction In Progress of $8,314 Mil mean?
American Electric Power Co (AEP) has a Construction In Progress of $8,314 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on American Electric Power Co and its competitors.
Is American Electric Power Co's Construction In Progress too high?
American Electric Power Co's current Construction In Progress is $8,314 Mil. Overall, American Electric Power Co has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does American Electric Power Co's Construction In Progress compare to D and ETR?
American Electric Power Co's Construction In Progress of $8,314 Mil can be compared against companies in the Utilities - Regulated industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Construction In Progress for an Utilities - Regulated company?
A good Construction In Progress depends on the Utilities - Regulated industry context. However, Construction In Progress should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Construction In Progress mean?
A high Construction In Progress can signal that a stock is expensive relative to its fundamentals. Construction in Progress records the amount of construction work that is not complete. View historical data on American Electric Power Co and its competitors. American Electric Power Co's current Construction In Progress is $8,314 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is American Electric Power Co stock overvalued right now?
Based on GuruFocus' analysis, American Electric Power Co (AEP) is currently considered Modestly Overvalued. The stock's GF Value™ is $110.98, compared to a current price of $135.07 — trading 21.7% above its estimated fair value. The current Construction In Progress is $8,314 Mil. American Electric Power Co's overall GF Score™ is 78/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Construction In Progress calculated?
Construction In Progress is calculated from a company's financial statements. For American Electric Power Co (AEP), the current Construction In Progress is $8,314 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is American Electric Power Co (AEP) Overvalued in 2026?

Based on GuruFocus' analysis, American Electric Power Co stock appears to be overvalued. The current stock price of $135.07 is trading 21.7% above its estimated GF Value™ of $110.98. GuruFocus considers American Electric Power Co to be Modestly Overvalued.

Key valuation signals for AEP:

  • Construction In Progress: $8,314 Mil
  • GF Value™: $110.98 vs. price of $135.07 (21.7% above fair value)
  • GF Score™: 78/100 with 10 warning signs

No single metric tells the full story. See the AEP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

American Electric Power Co Business Description

Address 1 Riverside Plaza, Columbus, OH, USA, 43215-2373
American Electric Power is one of the largest regulated utilities in the United States, providing electricity generation, transmission, and distribution to more than 5 million customers in 11 states. About 39% of AEP's capacity is coal, with the remainder from a mix of natural gas (28%), renewable energy and hydro (23%), nuclear (7%), and demand response (3%). Vertically integrated utilities, transmission and distribution, and generation and marketing support earnings.
78GF Score

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Construction In Progress is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$135.07
Price
$110.98
GF Value