What is American Electric Power's backlog?

American Electric Power reported $205M of remaining performance obligations at 31 Mar 2026, down 26% from a year earlier and down 9% from the previous quarter. That is 0.0 years of trailing revenue already under contract. Book-to-bill last quarter: 1.00.

American Electric Power (AEP) backlog: remaining performance obligations

How much revenue American Electric Power already has under contract, how fast it converts, and who it is with.

Data as of 7 Nov 2026.

Open the interactive Backlog view American Electric Power competitor analysis

American Electric Power reported $205M of remaining performance obligations at 31 Mar 2026, down 26% from a year earlier and down 9% from the previous quarter. That is 0.0 years of trailing revenue already under contract. Book-to-bill last quarter: 1.00.
Net new backlog added in the latest quarter: -$21.0M.
The company reports 31% of the backlog due within the first 9 months.
Customer prepayments (contract liabilities) cover 254.2% of the backlog.
Twelve-month book-to-bill: 1.00, i.e. 1.00 of new orders for every 1 of revenue recognised.
Backlog growth minus revenue growth: -36 points — revenue is catching up with orders.
The latest filed figure is more than 200 days old.

American Electric Power backlog history

Remaining performance obligations at each quarter end (bars) against trailing twelve-month revenue (line).

Amounts in USD. Source: SEC XBRL filings.
Quarter end	Backlog (RPO)	TTM revenue	Customer prepayments
31 Mar 2026	$205M	$22.4B	$521M
31 Dec 2025	$226M	$21.9B	$507M
30 Sep 2025	$231M	$21.5B	$498M
30 Jun 2025	$252M	$20.9B	$454M
31 Mar 2025	$278M	$20.5B	$468M
31 Dec 2024	$302M	$20.0B	$455M
30 Sep 2024	$302M	$19.8B	n/a
30 Jun 2024	$324M	$19.7B	n/a
31 Mar 2024	$338M	$19.4B	n/a
31 Dec 2023	$363M	$19.5B	$424M
30 Sep 2023	$365M	$19.3B	n/a
30 Jun 2023	$403M	$19.5B	n/a

Questions

What is American Electric Power's backlog?: American Electric Power reported $205M of remaining performance obligations at 31 Mar 2026, down 26% from a year earlier and down 9% from the previous quarter. That is 0.0 years of trailing revenue already under contract. Book-to-bill last quarter: 1.00.

About these numbers

Remaining performance obligations (RPO) are revenue a company has contracted but not yet recognised, as reported in its SEC filings (XBRL tag RevenueRemainingPerformanceObligation). Coverage = backlog ÷ trailing twelve-month revenue. Book-to-bill = (change in backlog + revenue) ÷ revenue. Conversion = revenue recognised ÷ the backlog at the start of each quarter, summed over four quarters. Counterparty values come from company filings and releases.