The AES Corporation logo

The AES Corporation

AES

NYSEUtilitiesDiversified Utilities

Previous close

$14.77

$0.00 · 0.00%

Aug 21, 4:00 PM ET

AES company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Buy

Favorable setup — positive multi-factor alignment

Valuation

81

Deep Value

Momentum

46

Neutral

Sentiment

60

Mixed

Risk resilience

84

Low Risk

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Company profile

Company website

The AES Corporation operates as an international enterprise primarily focused on electricity generation and distribution. Its activities involve both the ownership and management of power plants, producing and supplying electricity to a diverse clientele that includes other utility companies, large industrial consumers, and various intermediate purchasers. Beyond generation, AES also functions as a utility provider, managing infrastructure to either produce or acquire, then transmit, distribute, and ultimately sell power directly to end-users across residential, commercial, industrial, and governmental sectors. The company is also an active participant in the wholesale electricity market. For power production, AES utilizes a broad spectrum of energy sources and advanced technologies. This includes conventional fuels like coal and natural gas, as well as a significant commitment to renewables such as hydroelectric, wind, solar, and biomass. Its renewable portfolio further incorporates energy storage solutions and landfill gas. With an operational generation capacity of approximately 31,459 megawatts, the company maintains a substantial global presence, conducting business in the United States, Puerto Rico, various nations across Central and South America (including El Salvador, Chile, Colombia, Argentina, Brazil, Mexico), the Caribbean, Europe, and Asia. Founded in 1981, the company was initially named Applied Energy Services, Inc., before officially rebranding to The AES Corporation in April 2000. Its corporate headquarters are located in Arlington, Virginia.

Industry
Diversified Utilities
Sector
Utilities
Headquarters
US
CEO
Andres Ricardo Gluski Weilert
Listed since
Jun 26, 1991
Employees
8,336

Market position

Day range

Current $14.77

52-week range

Current $14.77

Open
$14.76
Previous close
$14.77
Volume
10.25M
1.14× average
Average volume
9M
Average daily volume
Market cap
10.53B USD
Beta
0.95
Market reference 1
50-day average
$14.7214
+0.33% above average
200-day average
$14.5537
+1.49% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
38.46B USD
P/E (TTM)
5.62×
P/B (TTM)
2.13×
P/S (TTM)
0.81×
EV / EBITDA
13.09×
Earnings yield
9.29%
Free cash flow yield
-15.90%
Dividend yield
4.77%

Profitability & efficiency

Gross margin
20.29%
Operating margin
17.48%
Net margin
14.62%
Return on equity
13.78%
Return on assets
1.83%
Return on invested capital
4.24%

Financial health

Debt / equity
6.5×
Current ratio
0.77×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends27%16%4%-7%Gross margin, FY2021: 24.35%Gross margin, FY2022: 20.19%Gross margin, FY2023: 19.84%Gross margin, FY2024: 18.86%Gross margin, FY2025: 18.07%Operating margin, FY2021: 22.86%Operating margin, FY2022: 18.55%Operating margin, FY2023: 17.83%Operating margin, FY2024: 16.52%Operating margin, FY2025: 16.10%Net margin, FY2021: -3.71%Net margin, FY2022: -4.33%Net margin, FY2023: 1.91%Net margin, FY2024: 13.73%Net margin, FY2025: 7.76%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 24.35%. Gross margin FY2022 20.19%. Gross margin FY2023 19.84%. Gross margin FY2024 18.86%. Gross margin FY2025 18.07%. Operating margin FY2021 22.86%. Operating margin FY2022 18.55%. Operating margin FY2023 17.83%. Operating margin FY2024 16.52%. Operating margin FY2025 16.10%. Net margin FY2021 -3.71%. Net margin FY2022 -4.33%. Net margin FY2023 1.91%. Net margin FY2024 13.73%. Net margin FY2025 7.76%.

Income trends

Revenue

12.23B USD-0.37%

Operating income

1.97B USD-2.86%

Net income

949M USD-43.71%
Income trends across reported periods14B USD8.71B USD3.42B USD−1.87B USDRevenue, FY2021: 11.14B USDRevenue, FY2022: 12.62B USDRevenue, FY2023: 12.68B USDRevenue, FY2024: 12.28B USDRevenue, FY2025: 12.23B USDOperating income, FY2021: 2.55B USDOperating income, FY2022: 2.34B USDOperating income, FY2023: 2.26B USDOperating income, FY2024: 2.03B USDOperating income, FY2025: 1.97B USDNet income, FY2021: −413M USDNet income, FY2022: −546M USDNet income, FY2023: 242M USDNet income, FY2024: 1.69B USDNet income, FY2025: 949M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 11.14B USD. Revenue FY2022 12.62B USD. Revenue FY2023 12.68B USD. Revenue FY2024 12.28B USD. Revenue FY2025 12.23B USD. Operating income FY2021 2.55B USD. Operating income FY2022 2.34B USD. Operating income FY2023 2.26B USD. Operating income FY2024 2.03B USD. Operating income FY2025 1.97B USD. Net income FY2021 −413M USD. Net income FY2022 −546M USD. Net income FY2023 242M USD. Net income FY2024 1.69B USD. Net income FY2025 949M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue12.23B USD12.28B USD12.68B USD12.62B USD11.14B USD
Cost of goods sold10.02B USD9.96B USD10.16B USD10.07B USD8.43B USD
Gross profit2.21B USD2.32B USD2.52B USD2.55B USD2.71B USD
Selling, general, and administrative241M USD288M USD255M USD207M USD166M USD
Operating expenses241M USD288M USD255M USD207M USD166M USD
Interest income287M USD381M USD551M USD389M USD298M USD
Interest expense1.42B USD1.52B USD1.3B USD1.06B USD826M USD
Depreciation and amortization1.46B USD1.26B USD1.13B USD1.05B USD1.06B USD
Operating income1.97B USD2.03B USD2.26B USD2.34B USD2.55B USD
Net income949M USD1.69B USD242M USD−546M USD−413M USD

Company facts updated Aug 24, 2026.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$18.75

26.95% upside
Past 12 months12-month forecastHigh $32.00Average $18.75Low $7.00

AES news

AES peers

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