The AES Corporation

The AES Corporation

AESยทNYSE

$14.73

+0.14%
UtilitiesIndependent Power Producers

The AES Corporation operates as a diversified power generation and utility company. It owns and/or operates power plants to generate and sell power to customers, such as utilities, industrial users, and other intermediaries. The company also 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. It uses a range of fuels and technologies to generate electricity, including coal, gas, hydro, wind, solar, and biomass; and renewables, such as energy storage and landfill gas. The company owns and/or operates a generation portfolio of approximately 31,459 megawatts. It has operations in the United States, Puerto Rico, El Salvador, Chile, Colombia, Argentina, Brazil, Mexico, Central America, the Caribbean, Europe, and Asia. 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 headquartered in Arlington, Virginia.

At a Glance

Live Snapshot
Market Cap$10.50B
EPS1.2600
P/E Ratio11.69
Earnings Date07/30/2026
3Y-3.0%
5Y+27.0%
10Y+20.0%
3Y-274.0%
5Y+2107.0%
10Y-8727.0%
3Y+59.0%
5Y+56.0%
10Y+49.0%
The AES Corporation

The AES Corporation Profit Bridge

AES ยท NYSE
Revenue12.23B
Cost of Goods Sold (10.02B)
Gross Profit2.21B
Operating Expenses (241.00M)
Operating Income1.97B
Interest Expense (1.42B)
Other Income/Expense-1.95B
Pretax Income20.00M
Income Tax (-181.00M)
Net Income949.00M
Net Income
949.00M

Profitability Analysis

Gross Margin

18.1%

Thin margins leave little room for error. Cost management and pricing strategy are critical.

Operating Margin

16.1%

Healthy operating margins demonstrate effective cost control and strong business fundamentals.

Net Profit Margin

7.8%

Moderate profitability with room for improvement. Monitor interest expenses and tax efficiency.

Effective Tax Rate

-905.0%

Below-average tax rate suggests effective tax planning, favorable jurisdictions, or tax credits.

Profitability Insight

Efficient profit conversion: Minimal margin compression from gross to net indicates lean operations and favorable tax/interest environment.

The AES Corporation Income Statement

AES โ€ข NYSE

The AES Corporation Income StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009Dec 2008Dec 2007Dec 2006
REVENUE
12.2B
12.3B
12.7B
12.6B
11.1B
9.7B
10.2B
10.7B
10.5B
10.2B
14.1B
17.1B
15.9B
18.1B
17.3B
16.6B
13.9B
16.1B
13.6B
11.6B
GROSS PROFIT
(10B)
(10B)
(10.2B)
(10.1B)
(8.4B)
(7B)
(7.8B)
(8.2B)
(8B)
(7.9B)
(8.6B)
(13.1B)
(12.6B)
(14.4B)
(13.1B)
(12.7B)
(10.6B)
(12.4B)
(10.2B)
(8.1B)
2.2B
2.3B
2.5B
2.5B
2.7B
2.7B
2.4B
2.6B
2.5B
2.3B
2.8B
3.1B
3.2B
3.7B
4.2B
3.9B
3.3B
3.7B
3.4B
3.4B
OPERATING INCOME
(241M)
(288M)
(255M)
(207M)
(166M)
(165M)
(196M)
(192M)
(215M)
(194M)
(196M)
(187M)
(220M)
(301M)
(391M)
(392M)
(345M)
(371M)
(379M)
(301M)
(241M)
(288M)
(255M)
(207M)
(166M)
(165M)
(196M)
(192M)
(215M)
(194M)
(196M)
(187M)
(220M)
(301M)
(391M)
(392M)
(345M)
(371M)
(379M)
(301M)
2B
2B
2.3B
2.3B
2.5B
2.5B
2.2B
2.4B
2.2B
2.1B
2.6B
2.9B
3B
3.4B
3.8B
3.5B
3B
3.3B
3B
3.1B
PRE-TAX INCOME
(1.4B)
(1.5B)
(1.3B)
(1.1B)
(826M)
(978M)
(1B)
(1B)
(1.1B)
(1B)
(1.2B)
(1.3B)
(1.3B)
(1.4B)
(1.5B)
(1.4B)
(1.4B)
(1.8B)
(1.8B)
(1.8B)
-1.1B
-1.1B
-751M
-670M
-528M
-710M
-706M
-697M
-847M
-782M
-772M
-963M
-1.1B
-1.1B
-1.1B
-999M
-1B
-1.3B
-1.3B
-1.3B
-2B
-1.2B
-2.2B
-2.6B
-3.6B
-2.2B
-1.3B
-333M
-1.4B
-1.9B
-1.3B
-1.3B
-2B
-3.1B
-1.7B
-2.3B
-565M
-552M
-1.4B
-2.1B
20M
868M
72M
-240M
-1.1B
365M
829M
2.1B
842M
223M
1.3B
1.6B
1.1B
348M
2.2B
1.2B
2.4B
2.8B
1.6B
1B
NET INCOME
-181M
(59M)
(261M)
(265M)
-133M
(216M)
(352M)
(708M)
(990M)
(32M)
(412M)
(371M)
(343M)
(685M)
(656M)
(593M)
(599M)
(771M)
(679M)
(359M)
949M
1.7B
242M
-546M
-413M
43M
302M
1B
-550M
-11M
306M
825M
266M
-928M
-28M
-55M
808M
1.2B
566M
283M

SEC Filings

AES - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
10-Q

10-Q 2026 Q1

Q1

May 05, 2026
March 31, 2026
2026
8-K

8-K 2026

N/A

April 30, 2026
April 29, 2026
2026
8-K

8-K 2026

N/A

April 16, 2026
April 14, 2026
2026
DEF 14A

DEF 14A 2026

N/A

March 20, 2026
April 29, 2026
2026
8-K

8-K 2026

N/A

March 19, 2026
March 13, 2026
2026
8-K

8-K 2026

N/A

March 02, 2026
March 01, 2026
2026
10-K

10-K 2025 FY

FY

March 02, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

January 16, 2026
January 16, 2026
2026
10-Q

10-Q 2025 Q3

Q3

November 04, 2025
September 30, 2025
2025
8-K

8-K 2025

N/A

November 04, 2025
November 04, 2025
2025
Showing 1 to 10 of 620 filings