Company research / AES

AES Corp (AES)

SEC name AES CORP · CIK 0000874761 · NYSE · Cogeneration Services & Small Power Producers

  • Sector Transportation & Utilities
  • Incorporated DE
  • Fiscal year ends Dec 31

For the year ended 2025-12-31, AES Corp reported revenue of $12.23B. Revenue fell 0.4% from the prior annual period. Over the twelve months to 2026-06-30, revenue was $13.05B.

Key ratios (year ended 2025-12-31)

18.1%
Gross margin
7.4%
Net margin
22.4%
Return on year-end equity
-0.4%
Revenue growth (YoY)

Beyond the statements

Follow the company.

Explore new filings, reported insider transactions and company relationships.

Open company research ↗

Latest selected filing: Form 8-K (current report) · 2026-10-19

Headquarters locality: Arlington County · View on map

Annual financials

Annual flows and balances are grouped by their actual period end. Select a figure to open its SEC filing. n/a means a matching observation is unavailable. Free cash flow is operating cash flow minus capital expenditures, and EBITDA is operating income plus depreciation and amortization, for the same period, computed by TickerFacts.

The first column covers the twelve months to 2026-06-30 from the latest quarterly report: flows are the last fiscal year plus this year to date minus the same months a year earlier, and balances are as of that date. Per-share figures are annual only.

Period endedTTM to
2026-06-30
2025-12-312024-12-312024-09-302024-06-302023-12-312022-12-312021-12-312020-12-312019-12-312018-12-31
Revenue$13.05B$12.23B$12.28Bn/an/a$12.67B$12.62B$11.14B$9.66B$10.19B$10.74B
Cost of Revenue$10.40B$10.02B$9.96Bn/an/a$10.16B$10.07B$8.43B$6.97B$7.84B$8.16B
Gross Profit$2.65B$2.21B$2.31Bn/an/a$2.50B$2.55B$2.71B$2.69B$2.35B$2.57B
Depreciation & Amortization$1.63B$1.46B$1.26Bn/an/a$1.15B$1.07B$1.06B$1.07B$1.04B$1.00B
Net Income$1.87B$910.00M$1.68Bn/an/a$249.00M-$546.00M-$409.00M$46.00M$303.00M$1.20B
EPS (Diluted)n/a$1.26$2.36n/an/a$0.35-$0.82-$0.61$0.07$0.45$1.81
Total Assets$54.24B$51.77B$47.41B$50.27B$47.91B$44.80B$38.36B$32.96B$34.60B$33.65B$32.52B
Shareholders' Equity$4.94B$4.06B$3.64B$3.38B$3.17B$2.49B$2.44B$2.80B$2.63B$3.00B$3.21B
Cash & Equivalents$1.80B$1.38B$1.52B$1.92B$1.77B$1.43B$1.37B$943.00M$1.09B$1.03B$1.17B
Operating Cash Flow$5.03B$4.31B$2.75Bn/an/a$3.03B$2.71B$1.90B$2.75B$2.47B$2.34B
Capital Expenditures$6.75B$5.93B$7.39Bn/an/a$7.72B$4.55B$2.12B$1.90B$2.40B$2.12B
Free Cash Flow-$1.72B-$1.62B-$4.64Bn/an/a-$4.69B-$1.84B-$214.00M$855.00M$61.00M$222.00M
Share Repurchasesn/an/an/an/an/an/an/an/an/an/a$0
Dividends Paid$502.00M$501.00M$483.00Mn/an/a$444.00M$422.00M$401.00M$381.00M$362.00M$344.00M
Shares Outstanding713.16M712.20M711.07M711.03M710.82M669.69M668.74M666.79M665.37M663.95M662.30M
Dividends Per Sharen/a$0.70$0.69n/an/a$0.67$0.64$0.61$0.58$0.55$0.53
Weighted Average Diluted Sharesn/a714.00M713.00Mn/an/a712.00M668.00M666.00M668.00M667.00M665.00M
EPS (Basic)n/a$1.26$2.38n/an/a$0.37-$0.82-$0.61$0.07$0.46$1.82

Price chart

Chart and quotes by TradingView. Exchange coverage and delays vary.

Open chart on TradingView