Company Overview
The AES Corporation, together with its subsidiaries, operates as a power generation and utility company. It operates through four segments: Renewables, Utilities, Energy Infrastructure, and New Energy Technologies. The company owns and/or operates power plants to generate and sell power to customers, such as utilities, industrial users, and other intermediaries; owns and/or operates utilities to generate or purchase, distribute, transmit, and sell electricity to end-user customers in the residential, commercial, industrial, and governmental sectors; and generates and sells electricity on the wholesale market, as well as investments in technologies to support leading-edge greener energy solutions. It uses various fuels and technologies to generate electricity, such as solar, hydro, wind, coal, and gas, as well as renewables comprising energy storage and landfill gas. The company owns and/or operates a generation portfolio of approximately 34,740 megawatts and distributes power to 2.7 million customers. The company operates in the United States, Chile, Dominican Republic, El Salvador, Mexico, Bulgaria, Panama, Colombia, Argentina, Vietnam, Jordan, Puerto Rico, and internationally. The company was formerly known as Applied Energy Services, Inc. and changed its name to The AES Corporation in April 2000. The AES Corporation was incorporated in 1981 and is based in Arlington, Virginia.
Why Investors Should Care
Net profit has compounded at 88.9% per year over the last five years.
Trades at a P/E of 7.7, below the sector median of 22.0.
Operating margin of 18.7% supports profitability.
Offers a dividend yield of 4.79%.
Recent Developments
- Dec 2025 Revenue of $12.23B (-0.4% YoY); net profit $910.00M.
- Trailing 12 Months Year-on-year growth — revenue +8.7%, earnings +951.1%.
- 5-Year Trend Long-term compounding — revenue CAGR -1.0%, profit CAGR 88.9%.
Growth & Price Performance
Compounded Sales Growth
| 5 Years: | -1.02% |
| 1 Year: | 8.70% |
Compounded Profit Growth
| 5 Years: | 88.89% |
| 1 Year: | 951.10% |
Stock Price Performance
| 1 Year: | +23.70% |
| 6 Months: | +5.86% |
| 3 Months: | +4.05% |
| 1 Month: | +0.89% |
Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.
- Price vs 50-DMAAbove
- Price vs 200-DMAAbove
- RSI (14)65.37 · Neutral
P/E of 7.71 is below the sector median of 21.98 — relatively cheaper than peers.
Auto-generated from price history and fundamentals; not investment advice.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth Charts
No fundamental data available for this stock.
Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.
PROS
- Profit CAGR of 88.9% over 5 years.
- Attractive dividend yield of 4.79%.
- In a confirmed uptrend (50-DMA above 200-DMA).
CONS
- Revenue declined at -1.0% CAGR over 5 years.
* The pros and cons are auto-generated from financial metrics.
Valuation
Growth (CAGR)
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Peer comparison
Peer companies in the same sector (Utilities).
| # | Name | CMP $ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | AES The AES Corporation SPX | 14.80 | 7.71 | $10.55B | 4.79% | 3.42% | 5.26% | -1.02% | 88.89% |
| 2 | NEE NextEra Energy, Inc. SPX | 89.54 | 22.73 | $186.75B | 2.90% | 4.36% | 10.32% | 4.12% | 8.76% |
| 3 | SO The Southern Company SPX | 95.96 | 24.54 | $108.18B | 3.23% | 5.25% | 10.99% | 3.71% | 5.23% |
| 4 | DUK Duke Energy Corporation SPX | 126.37 | 19.44 | $98.52B | 3.41% | 4.94% | 9.66% | 5.53% | 6.88% |
| 5 | CEG Constellation Energy Corporation NDXSPXAI | 256.43 | 22.26 | $91.57B | 0.67% | 6.26% | 16.10% | 5.18% | 31.53% |
| 6 | AEP American Electric Power Company, Inc. NDXSPX | 134.94 | 19.96 | $73.42B | 2.94% | 5.68% | 12.58% | 3.66% | 15.77% |
| 7 | D Dominion Energy, Inc. SPX | 71.30 | 21.03 | $62.71B | 3.93% | 4.19% | 9.79% | 0.61% | 0.93% |
| 8 | SRE Sempra SPX | 93.36 | 31.76 | $61.03B | 2.85% | 3.46% | 5.69% | 3.05% | 3.18% |
| 9 | VST Vistra Corp. SPXAI | 158.43 | 26.49 | $53.42B | 0.61% | 7.08% | 42.90% | 8.92% | 58.98% |
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios
Quarterly Results
Figures in USD.
| Metric | Mar 2016 | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2.53B | 2.45B | 2.64B | 2.66B | 2.58B | 2.61B | 2.69B | 2.64B | 2.74B | 2.54B | 2.84B | 2.62B | 2.65B | 2.48B | 2.62B | 2.43B | 2.34B | 2.22B | 2.54B | 2.56B | 2.63B | 2.70B | 3.04B | 2.77B | 2.85B | 3.08B | 3.63B | 3.06B | 3.24B | 3.03B | 3.43B | 3.08B | 2.94B | - | - | 2.93B | 2.85B | 3.35B | 3.10B | 3.18B |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2.48B | 2.40B | 2.62B | 2.52B | 2.54B |
| Gross Profit | 501.00M | 556.00M | 691.00M | 632.00M | 557.00M | 623.00M | 640.00M | 645.00M | 656.00M | 600.00M | 671.00M | 646.00M | 586.00M | 502.00M | 701.00M | 560.00M | 507.00M | 524.00M | 756.00M | 906.00M | 664.00M | 728.00M | 760.00M | 559.00M | 530.00M | 563.00M | 892.00M | 563.00M | 594.00M | 498.00M | 918.00M | 619.00M | 553.00M | - | - | 441.00M | 453.00M | 735.00M | 582.00M | 640.00M |
| Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 77.00M | 49.00M | 46.00M | 69.00M | 55.00M |
| Operating Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 364.00M | 404.00M | 689.00M | 513.00M | 585.00M |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 657.00M | 745.00M | 1.04B | 497.00M | 1.03B |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 342.00M | 352.00M | 348.00M | 365.00M | 353.00M |
| Pretax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -22.00M | 39.00M | 327.00M | -269.00M | 242.00M |
| Tax Provision | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 17.00M | 167.00M | -226.00M | -139.00M | -41.00M |
| Net Income | 126.00M | -482.00M | 175.00M | -949.00M | -24.00M | 53.00M | 152.00M | -1.34B | 684.00M | 290.00M | 101.00M | 128.00M | 154.00M | 17.00M | 210.00M | -78.00M | 144.00M | -83.00M | -333.00M | 318.00M | -148.00M | 28.00M | 343.00M | -632.00M | 115.00M | -179.00M | 421.00M | -903.00M | 151.00M | -39.00M | 231.00M | 432.00M | 276.00M | - | - | 46.00M | -95.00M | 639.00M | 320.00M | 487.00M |
| Diluted EPS | 0.19 | -0.73 | 0.26 | -1.44 | -0.04 | 0.08 | 0.23 | -2.03 | 1.03 | 0.44 | 0.15 | 0.19 | 0.23 | 0.02 | 0.32 | -0.12 | 0.22 | -0.12 | -0.50 | 0.47 | -0.22 | 0.04 | 0.48 | -0.95 | 0.16 | -0.27 | 0.59 | -1.35 | 0.21 | -0.06 | 0.32 | 0.60 | 0.39 | - | 0.79 | 0.07 | -0.15 | 0.89 | - | 0.68 |
Profit & Loss (Annual)
Figures in USD.
| Metric | Dec 2007 | Dec 2008 | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | 13.11B | 15.44B | 16.10B | 17.16B | 15.89B | 16.12B | 11.26B | 10.28B | 10.53B | 10.74B | 10.19B | 9.66B | - | 12.62B | 12.67B | 12.28B | 12.23B |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 10.07B | 10.16B | 9.96B | 10.02B |
| Gross Profit | 3.30B | 3.57B | 3.36B | 3.82B | 4.04B | 3.58B | 3.25B | 2.98B | 2.66B | 2.38B | 2.46B | 2.57B | 2.35B | 2.69B | - | 2.55B | 2.50B | 2.31B | 2.21B |
| Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 207.00M | 255.00M | 288.00M | 241.00M |
| Operating Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2.34B | 2.25B | 2.03B | 1.97B |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2.02B | 2.57B | 3.64B | 2.94B |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.12B | 1.32B | 1.49B | 1.41B |
| Pretax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -169.00M | 104.00M | 894.00M | 75.00M |
| Tax Provision | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 265.00M | 261.00M | 59.00M | -181.00M |
| Net Income | -95.00M | 1.23B | 658.00M | 9.00M | 58.00M | -912.00M | 114.00M | 769.00M | 306.00M | -1.13B | -1.16B | 1.20B | 303.00M | 46.00M | - | -546.00M | 249.00M | 1.68B | 910.00M |
| Diluted EPS | -0.14 | 1.82 | 0.98 | 0.01 | 0.07 | -1.21 | 0.15 | 1.06 | 0.44 | -1.72 | -1.76 | 1.81 | 0.45 | 0.07 | - | -0.82 | 0.35 | 2.36 | 1.26 |
Balance Sheet (Annual)
Figures in USD.
| Metric | Dec 2006 | Dec 2007 | Dec 2008 | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Jan 2014 | Dec 2014 | Jan 2015 | Dec 2015 | Jan 2016 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Jun 2024 | Sep 2024 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | - | - | 34.81B | 39.53B | 40.51B | 45.35B | 41.83B | 40.41B | - | 38.56B | - | 36.55B | - | 36.12B | 33.11B | 32.52B | 33.65B | 34.60B | - | 38.36B | 44.80B | 47.91B | 50.27B | 47.41B | 51.77B |
| Current Assets | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 7.64B | 6.65B | - | - | 6.83B | 6.50B |
| Cash & Equivalents | 1.34B | 2.02B | 865.00M | 1.75B | 2.36B | 1.62B | 1.90B | 1.64B | 1.64B | 1.52B | 1.45B | 1.22B | 1.22B | 1.24B | 949.00M | 1.17B | 1.03B | 1.09B | - | 1.37B | 1.43B | 1.77B | 1.92B | 1.52B | 1.38B |
| Inventory | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.05B | 712.00M | - | - | 593.00M | 612.00M |
| Receivables | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.80B | 1.42B | - | - | 1.65B | 1.68B |
| Total Liabilities | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 33.86B | 38.81B | - | - | 39.70B | 42.66B |
| Current Liabilities | - | - | 5.18B | 6.62B | 8.06B | 8.44B | 8.32B | 7.65B | - | 7.00B | - | 6.93B | - | 5.28B | 6.03B | 4.40B | 5.10B | 5.36B | - | 6.49B | 9.73B | 9.82B | 12.38B | 8.57B | 8.49B |
| Long Term Debt | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 21.74B | 22.75B | - | - | 25.43B | 26.79B |
| Total Debt | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 23.50B | 26.88B | - | - | 29.02B | 29.90B |
| Total Equity | - | - | 3.67B | 4.67B | 6.47B | 5.95B | 4.57B | 4.33B | - | 4.27B | - | 3.15B | - | 2.79B | 2.46B | 3.21B | 3.00B | 2.63B | - | 2.44B | 2.49B | 3.17B | 3.38B | 3.64B | 4.06B |
| Shares Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 818.79M | 819.05M | - | - | 859.71M | 859.84M |
Cash Flows (Annual)
Figures in USD.
| Metric | Dec 2007 | Dec 2008 | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 2.35B | 2.16B | 2.21B | 3.46B | 2.88B | 2.90B | 2.71B | 1.79B | 2.13B | 2.90B | 2.50B | 2.34B | 2.47B | 2.75B | - | 2.71B | 3.03B | 2.75B | 4.31B |
| Investing Cash Flow | -1.97B | -3.58B | -1.92B | -2.04B | -4.91B | -895.00M | -1.77B | -656.00M | -2.37B | -2.14B | -2.60B | -505.00M | -2.72B | -2.29B | - | -5.84B | -8.19B | -7.70B | -6.21B |
| Financing Cash Flow | 244.00M | 362.00M | 610.00M | -706.00M | 1.41B | -1.87B | -1.14B | -1.26B | 28.00M | -747.00M | 43.00M | -1.64B | -86.00M | -78.00M | - | 3.76B | 5.41B | 4.96B | 1.98B |
| Capital Expenditure | -2.42B | -2.85B | -2.52B | -2.31B | -2.43B | -2.11B | -1.99B | -2.02B | -2.31B | -2.35B | -2.18B | -2.12B | -2.40B | -1.90B | - | -4.55B | -7.72B | -7.39B | -5.93B |
| Free Cash Flow | -71.00M | -690.00M | -309.00M | 1.16B | 454.00M | 793.00M | 727.00M | -225.00M | -174.00M | 552.00M | 327.00M | 222.00M | 61.00M | 855.00M | - | -1.84B | -4.69B | -4.64B | -1.62B |
| Net Change in Cash | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 659.00M | 173.00M | 112.00M | 150.00M |
| Share Buybacks | 0 | 143.00M | 0 | 99.00M | 279.00M | 301.00M | 322.00M | 308.00M | 482.00M | 79.00M | 0 | 0 | - | - | - | - | - | - | - |
Ratios (Annual)
Figures in %.
| Metric | Dec 2007 | Dec 2008 | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin % | - | - | 25.6% | 24.7% | 25.1% | 20.9% | 20.4% | 18.5% | 23.7% | 23.2% | 23.4% | 24.0% | 23.1% | 27.9% | - | 20.2% | 19.8% | 18.8% | 18.1% |
| Operating Margin % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 18.6% | 17.8% | 16.5% | 16.1% |
| Net Margin % | - | - | 5.0% | 0.1% | 0.4% | -5.3% | 0.7% | 4.8% | 2.7% | -11.0% | -11.0% | 11.2% | 3.0% | 0.5% | - | -4.3% | 2.0% | 13.7% | 7.4% |
| ROE % | - | 33.6% | 14.1% | 0.1% | 1.0% | -20.0% | 2.6% | 18.0% | 9.7% | -40.4% | -47.1% | 37.5% | 10.1% | 1.7% | - | -22.4% | 10.0% | 46.1% | 22.4% |
| ROCE % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 7.3% | 6.4% | 5.2% | 4.6% |
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for AES
What to Expect From The AES Corporation's Q2 2026 Earnings Report
AES is set to report Q2 earnings soon, with analysts expecting a mid-single-digit EPS decline.
AES (AES) Rebounds Into Focus, Is The Stock Still Slightly Undervalued?
AES (AES) recently attracted attention after posting annual revenue of US$12,487.0 million and net income of US$1,380.0 million. This has prompted investors to recheck how the stock’s recent returns line up with its fundamentals. See our la…
Can AI-Driven Electricity Demand Fuel CEG's Long-Term Growth?
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Will Constellation's Long-Term Nuclear PPAs Drive Sustainable Growth?
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AI fuels record $200bn M&A boom in US power sector
The AI boom is fuelling a record surge in dealmaking in the US power and utility industry, as companies compete for capital to build energy infrastructure...
AES Stockholders Approve Acquisition by Global Infrastructure Partners and EQT-Led Consortium
The AES Corporation (the "Company" or "AES") (NYSE: AES) today announced that its stockholders voted to approve the Company's previously announced acquisition by Global Infrastructure Partners ("GIP"), a part of BlackRock, and the EQT Infra…
AES — Frequently Asked Questions
What is the current share price of The AES Corporation (AES)?
As of 2026-07-14 21:23 PDT, The AES Corporation (AES) trades at $14.80 on NYSE. Its 52-week range is $11.96 to $17.07.
What is the market capitalisation of AES?
The AES Corporation (AES) has a market capitalisation of $10.55B on NYSE.
What is the P/E ratio of AES?
AES trades at a trailing price-to-earnings (P/E) ratio of 7.71. The industry average P/E is 21.98. Its price-to-book (P/B) ratio is 2.37.
Does AES pay a dividend?
The AES Corporation (AES) currently offers a dividend yield of 4.79%.
What is the return on equity (ROE) of AES?
AES has a return on equity (ROE) of 5.26%. Its return on capital employed (ROCE) is 3.42%.
Is AES a good stock to buy?
This page provides a data-driven analysis of The AES Corporation (AES), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.