American Electric Power (AEP) demonstrates exceptional cash-generating prowess, with a robust free cash flow (FCF) of $6.66 billion against a $58.15 billion market capitalization. This translates to an impressive FCF yield of over 11%, significantly underpinning its operational strength. Coupled with a healthy 17.70% net margin and 13.00% return on equity, AEP's ability to consistently convert earnings into substantial free cash positions it as a compelling, financially sound utility, offering significant potential for shareholder returns despite modest revenue growth.