profit from every $100 of sales.
$0$100
The AES
$14.92+0.00% today
+4.6% in 1 year
1-year low $13.481-year high $17.28
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2020 to 2025.
0%20% a year
You pay $11.70 for every $1 of profit it makes in a year.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What The AES sold, what it kept, and what it did with the cash.
Sales went from $12.6 billion in 2022 to $12.2 billion in 2025, with $910 million of profit last year.
SalesProfit
The AES vs. similar companies
The AES grows in the middle of these 5 and is priced in the middle for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| The AES | 11.7× · Cheap | ||
 Talen Energy | No profit yet | ||
 TransAlta | No profit yet | ||
 Pampa Energía | 9.0× · Cheap | ||
 Kenon Holdings | 48.6× · Expensive |
AI analysis
An AI analyst reads The AES's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| 9,660 | 11,141 | 12,617 | 12,668 | 12,278 | 12,233 | |
| 2,693 | 2,711 | 2,548 | 2,504 | 2,314 | 2,211 | |
| – | – | 2,341 | 2,249 | 2,026 | 1,970 | |
| 1,907 | 2,600 | 2,020 | 2,570 | 3,643 | 2,939 | |
| 46 | -409 | -546 | 249 | 1,679 | 910 | |
| 0.07 | -0.61 | -0.82 | 0.35 | 2.36 | 1.26 | |
| 27.9% | 24.3% | 20.2% | 19.8% | 18.8% | 18.1% | |
| – | – | 18.6% | 17.8% | 16.5% | 16.1% | |
| 0.5% | -3.7% | -4.3% | 2.0% | 13.7% | 7.4% |
Balance sheet
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Total assets | 34,603 | 32,963 | 38,363 | 44,799 | 47,406 | 51,768 |
| Cash | 1,089 | 943 | 1,374 | 1,426 | 1,524 | 1,382 |
| Total debt | – | – | 23,498 | 26,878 | 29,018 | 29,897 |
| Total liabilities | – | – | 33,859 | 38,814 | 39,702 | 42,663 |
| 2,634 | 2,798 | 2,437 | 2,488 | 3,644 | 4,063 | |
| 668 | 666 | 666 | 712 | 711 | 714 | |
| 25.4% | 43.9% | 2.9% | 3.8% | 5.8% | 3.4% | |
| 1.7% | -14.6% | -22.4% | 10.0% | 46.1% | 22.4% |
Cash flow
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| 2,755 | 1,902 | 2,715 | 3,034 | 2,752 | 4,306 | |
| 1,900 | 2,116 | 4,551 | 7,724 | 7,392 | 5,929 | |
| 855 | -214 | -1,836 | -4,690 | -4,640 | -1,623 | |
| Dividends paid | 381 | 401 | 422 | 444 | 483 | 501 |
| – | – | – | – | – | – | |
| 21 | 14 | 23 | 2 | 12 | 14 |
Valuation
- 11.7×
- 6.4×
- 0.15
- 2.3×
- 0.9×
- –
- 13.3×
- -15.2%
- 8.5%
- 4.9%
Profitability
- 18.1%
- 16.1%
- 7.4%
- 30.1%
- 3.1%
- 0.9%
- 28.9%
- 2.5%
- 4.6%
- –
Growth
- +4.8%
- +78.3%
- +65.0%
- +4.2%
- +1.5%
Financial health
- 7.8×
- 7.01
- 58.7%
- 1.4×
- 0.73
- 0.65
- 0.24
How it ranks in Utilities
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Bottom 17%of 399
Bottom 43%of 394
Top 30%of 364
Top 48%of 399
Bottom 7%of 398
What analysts expect
- Average price target
- $18.25
- Range
- $16.00 – $23.00
- 2 analysts
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| May 5, 2026 | 0.67 | 0.50 | +34.0% |
| Mar 2, 2026 | 0.81 | 0.62 | +30.6% |
| Nov 5, 2025 | 0.75 | 0.71 | +5.3% |
| Jul 31, 2025 | 0.51 | 0.39 | +30.8% |
| May 1, 2025 | 0.27 | 0.37 | −27.0% |
| Feb 28, 2025 | 0.54 | 0.35 | +54.3% |
| Oct 31, 2024 | 0.71 | 0.64 | +10.9% |
| Aug 1, 2024 | 0.38 | 0.36 | +5.6% |
4.9%of the share price, paid each year
On $1,000 invested$49a year at today's yield, before tax
+4.2%2020 to 2025
Raised10 yearsin a row, in our data
Paid per share, each year
$0.40 in 2015 → $0.70 in 2025
How safe it looks
55.1% of its profit
Room to growStretchedMore than it earnsNews
AES GAAP EPS of $0.76, revenue of $3.87B beats by $700MSeeking Alpha · Nov 7, 2026AES Corp. receives CFIUS approval for sale to consortiumSeeking Alpha · Aug 28, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
1/7Passes 1 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
18No pass
Benjamin Graham
34No pass
Philip Fisher
46No pass
Peter Lynch
73Pass
Joel Greenblatt
17No pass
Charlie Munger
22No pass
Terry Smith
17No pass
Questions about The AES
Is The AES a good stock to buy?
A business with weak numbers, and the price looks low. 1 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the The AES AI analysis
What does The AES do?
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. It is in Independent Power Producers, based in Arlington, VA, United States, with 8,336 employees.
Does The AES pay a dividend?
Yes. At today's price the dividend is 4.9% a year, about 55% of its yearly profit. In 2025 it paid out $501 million in dividends.
Is The AES stock halal?
No. The AES does not pass our halal screen: its debt is 281% of its market value, at or above the 33% limit. How we check
How has The AES stock done over the past year?
Up 4.6% over the past twelve months, to $14.92. It traded between $13.48 and $17.28 and is 13.7% below its high.
Who are The AES's competitors?
The largest listed companies in the same industry are Talen Energy, TransAlta, Pampa Energía and Kenon Holdings. The peers table on this page compares their profit, growth and price with The AES's.
Prices: daily closes to Nov 11, 2026. Fundamentals: company reports via invest-like data.