AES

— Fundamental Stock Analysis and Report Card

Utilities : Independent Power Producers

Located in Arlington, VA, US. 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.

Growth

Revenue, earnings and profitability.

Strong revenue growth and earnings can attract investors, driving the stock price up. Profitability indicates the company's efficiency and sustainability, which impacts investor confidence. Poor performance in these areas can lead to a decrease in stock price.

Revenue History

Earnings History

Margins

Gross Margin TTM
19.31%
EBITDA Margin TTM
30.09%
Net Margin TTM
10.72%
Earnings Per Share TTM
1.87
Statements

Income & Cash Flow analysis.

An income statement shows what a company earned and spent over a period — revenue at the top, costs and expenses in between, and net income at the bottom. A cash flow statement tracks the actual cash moving in and out, across operations, investing, and financing. Read together, they show whether reported earnings are backed by real cash.

The AES Corporation
Select Period:
Q1 2026
Total ($)
Q1 2026
Margin (%)
Revenue
3.2b
+254.0m
+8.7%
Gross Income
640.0m
+200.0m
+45.5%
20%
+5.1pp
+33.8%
EBITDA
1.0b
+387.0m
+60.4%
32%
+10.4pp
+47.6%
Operating Income
585.0m
+222.0m
+61.2%
18%
+6.0pp
+48.3%
Net Income
487.0m
+441.0m
+958.7%
15%
+13.7pp
+874.1%
Earnings Per Share
0.68
+0.6
+871.4%
Operating Cash Flow
1.2b
+656.0m
+120.4%
38%
+19.1pp
+102.8%
Free Cash Flow
-565.0m
+144.0m
+20.3%
-18%
+6.5pp
+26.7%
Research & Development
n/a
n/a
n/a
n/a
n/a
n/a