American Electric Power Co (WBO:AEPC) Construction In Progress : €5,051 Mil (As of Dec. 2023)

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What is American Electric Power Co Construction In Progress?

American Electric Power Co's quarterly construction in progress increased from Jun. 2023 (€5,478 Mil) to Sep. 2023 (€5,992 Mil) but then declined from Sep. 2023 (€5,992 Mil) to Dec. 2023 (€5,051 Mil).

American Electric Power Co's annual construction in progress increased from Dec. 2021 (€3,261 Mil) to Dec. 2022 (€4,540 Mil) and increased from Dec. 2022 (€4,540 Mil) to Dec. 2023 (€5,051 Mil).

American Electric Power Co Construction In Progress Historical Data

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.

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American Electric Power Co Construction In Progress Chart

American Electric Power Co Annual Data

Trend

Dec14

Dec15

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Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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3,887.82

3,309.13

3,260.61

4,540.36

5,050.84

American Electric Power Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Construction In Progress	Get a 7-Day Free Trial															4,540.36	5,161.47	5,478.37	5,991.55	5,050.84

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.

American Electric Power Co (WBO:AEPC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » American Electric Power Co Inc (WBO:AEPC) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

AEP:USA AEP:Germany

Address

1 Riverside Plaza, Columbus, OH, USA, 43215-2373

Website

https://www.aep.com

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 42% of AEP's of capacity is coal, with the remainder from a mix of natural gas (27%), renewable energy and hydro (21%), nuclear (8%), and demand response (2%). Vertically integrated utilities, transmission and distribution, and generation and marketing support earnings.

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