AES
AES NYSE· Independent Power Producers & Energy Traders
Last close · Oct 26, 2026
$15.03
KIRA · Stoqly’s AI analyst, in plain words
- AES had $12.2B of revenue in fiscal 2025, down 0.4% on the year before. Over five years, revenue changed +4.8% a year on average.
- AES made $910M of net profit in fiscal 2025.
- Free cash flow was −$1.6B in fiscal 2025, −13.3% of revenue.
- AES returned $501M to shareholders in fiscal 2025. The diluted share count rose 0.1%.
Market cap
$10.7B
P/E
5.7x
Revenue
$12.2B
Net income
$910M
Free cash flow
−$1.6B
Operating margin
—
AES in 30 seconds · fiscal 2025
Are sales growing?
−0.4%
No. Sales fell 0.4% last year.
Does it make a profit?
7.4%
A little. It keeps 7.4% of every sale as profit.
Does profit turn into cash?
−13.3%
No. It spent more cash than it brought in.
How is the share priced?
5.7x
One share costs 5.7 times its yearly profit per share. Typical for its sector: 20.7x.
What AES does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Mar 2, 2026
- Legal name
- THE AES CORPORATION
- CIK
- 0000874761
AES · AES
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $11.1B | $12.6B | $12.7B | $12.3B | $12.2B |
| Revenue growth | 15.3% | 13.3% | 0.4% | −3.1% | −0.4% |
| Gross margin | 24.3% | 20.2% | 19.8% | 18.9% | 18.1% |
| Net income | −$409M | −$546M | $249M | $1.7B | $910M |
| Net margin | −3.7% | −4.3% | 2.0% | 13.7% | 7.4% |
| Diluted EPS | −$0.61 | −$0.82 | $0.35 | $2.36 | $1.26 |
| Cash | |||||
| Cash from operations | $1.9B | $2.7B | $3.0B | $2.8B | $4.3B |
| Capital expenditure | $2.1B | $4.6B | $7.7B | $7.4B | $5.9B |
| Free cash flow | −$214M | −$1.8B | −$4.7B | −$4.6B | −$1.6B |
| FCF margin | −1.9% | −14.6% | −37.0% | −37.8% | −13.3% |
| Dividends paid | $401M | $422M | $444M | $483M | $501M |
| Share buybacks | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M |
| Share count change | −0.3% | 0.3% | 6.6% | 0.1% | 0.1% |
| Debt and strength | |||||
| Cash and short-term investments | $1.2B | $2.1B | $1.8B | $1.6B | $1.6B |
| Shareholders' equity | $2.8B | $2.4B | $2.5B | $3.6B | $4.1B |
| Current ratio | 1.1x | 1.2x | 0.7x | 0.8x | 0.8x |
| Interest coverage | 1.7x | 1.1x | 1.1x | 1.6x | 1.1x |
| Returns and quality | |||||
| Return on equity | −15.1% | −20.9% | 10.1% | 54.8% | 23.6% |
| Altman Z'' | 0.5 | 0.4 | −0.2 | 0.3 | 0.2 |
Insiders bought, 12 months
$0.0M
0 insiders
Insiders sold, 12 months
$0.0M
0 insiders
Of sales under plans
—
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
AES · AES
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
Similar companies
Each company’s latest fiscal year. Fiscal years end in different months, so periods don’t line up exactly.
| Company | Market cap | Growth | Op. margin | FCF margin | ROIC | P/E | F-score |
|---|---|---|---|---|---|---|---|
| AES AES | $10.7B | −0.4% | — | −13.3% | — | 5.7x | — |
| NRG Energy NRG | $19.8B | 9.2% | 6.0% | 2.5% | 10.9% | 24.6x | 6 |
| Talen Energy TLN | $15.5B | 22.0% | −3.5% | 23.5% | −1.3% | — | — |
| Public Service Enterprise Gr... PEG | $36.0B | 18.3% | 24.5% | 0.2% | 6.7% | 17.9x | 7 |
| Entergy ETR | $49.7B | 9.0% | 24.7% | −19.6% | 5.6% | 27.4x | 7 |
Price compared with profit (P/E)
How many times its yearly profit per share one share costs. Higher means investors pay more for each unit of profit.
KIRA
At $15.03 a share, the company is worth $10.7B: 5.7 times its earnings of the last four quarters.
AES grew sales faster than 0 of its 4 similar companies. Its P/E is higher than 0 of 3.
Source: SEC EDGAR XBRL filings (CIK 0000874761). Data updated October 9, 2026. For information only — not investment advice. Check the original filings before relying on any figure.