Inside the research
The AES Corporation
AES Research profile · latest available data
Price overview
$14.87
▲ +0.02 (+0.1%)
| 52w hi | $16.87 |
|---|---|
| 52w lo | $12.41 |
| Vol | 5.16M |
| As of | 25 Sep 2026 |
The Verdict
Our score +0.04
| Short | +0.25 |
|---|---|
| Medium | -0.12 |
| Long | -0.04 |
computed 2026-09-27
Key fundamentals
The AES Corporation
Utilities · Utilities - Diversified
| Market cap | $10.61B |
|---|---|
| Enterprise value | $49.58B |
| Trailing P/E | 5.57x |
| Forward P/E | 6.27x |
| EV / EBITDA | 12.18x |
| P / S (ttm) | 0.81x |
| Profit margin | 14.3% |
| Return on equity | 9.6% |
| Revenue growth | +19.9% |
| Debt / equity | 256.89 |
Layer Breakdown
| Layer | Raw | Contribution |
|---|---|---|
| Fundamental | +0.31 | |
| Sector | -0.10 | |
| Technical | +0.10 | |
| Earnings | +0.00 | |
| Sentiment | +0.00 |
macro × 1.00 · 2026-09-27
Business overview
The AES Corporation, together with its subsidiaries, operates as a power generation and utility company. It operates through four segments: Renewables, Utilities, Energy Infrastructure, and New Energy Technologies. The company owns and/or operates power plants to generate and sell power to customers, such as utilities, industrial users, and other intermediaries; 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, as well as investments in technologies to support leading-edge greener energy solutions. It uses various fuels and technologies to generate electricity, such as solar, hydro, wind, coal, and gas, as well as renewables comprising energy storage and landfill gas. The company owns and/or operates a generation portfolio of approximately 34,740 megawatts and distributes power to 2.7 million customers. The company operates in the United States, Chile, Dominican Republic, El Salvador, Mexico, Bulgaria, Panama, Colombia, Argentina, Vietnam, Jordan, Puerto Rico, and internationally. 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 based in Arlington, Virginia.
Risk Metrics
| Beta vs SPX | 0.77 |
|---|---|
| Corr SPX | 0.30 |
| Annual vol | 41.6% |
| Annual ret | -3.4% |
| Sharpe | -0.08 |
| Max DD | -52.4% |
Window: 504 trading days (504 obs)
Analyst Coverage
| Mean PT | $15.11 |
|---|---|
| High / Low | $16.00 / $15.00 |
| Median | $15.00 |
| Analysts | 9 |
| Strong Buy | 0 | |
|---|---|---|
| Buy | 1 | |
| Hold | 10 | |
| Sell | 0 | |
| Strong Sell | 0 |
Recent rating actions
| 2026-04-09 | Susquehanna | → Neutral |
| 2026-03-26 | Argus Research | → Hold |
| 2026-03-06 | Morgan Stanley | → Equal-Weight |
| 2026-02-27 | Seaport Global | → Neutral |
| 2026-02-04 | Jefferies | → Hold |
| 2026-02-04 | Barclays | → Equal-Weight |
Material Events
| Date | Event | 8-K |
|---|---|---|
| 2026-08-05 | Material Agreement, Exhibits | read |
| 2026-07-27 | Auditor Change, Exhibits | read |
| 2026-06-26 | Shareholder Vote, Reg FD Disclosure… | read |
| 2026-06-16 | Material Agreement, Material Obligation… | read |
| 2026-06-12 | Other Material Event | read |
| 2026-04-30 | Shareholder Vote | read |
| 2026-04-16 | Officer / Director Change | read |
| 2026-03-19 | Material Agreement, Exhibits | read |
| 2026-03-02 | Material Agreement, Officer / Director Change… | read |
| 2026-01-16 | 2.06, Exhibits | read |
| 2025-11-04 | Earnings Release, Reg FD Disclosure… | read |
| 2025-08-01 | Earnings Release, Reg FD Disclosure… | read |
Insider Trades
| Date | Insider | Role | Action | Shares | Value |
|---|---|---|---|---|---|
| 2026-04-23 | Mendoza Tish | EVP & Chief HR Officer | Grant | 46.55K | — |
Flow & Concentration
| Insider 180d net | $0 |
|---|---|
| Insider buys / sells | 0 / 0 |
| Insider bias | Neutral |
| 13F holders | 0 |
| Top-5 share | 0.0% |
| HHI | 0 (—) |
Dividends
| Yield (TTM) | 3.55% |
|---|---|
| $ / share (TTM) | $0.53 |
| 5y CAGR | +4.2% |
Annual dividend per share
| 2021 | $0.60 |
|---|---|
| 2022 | $0.63 |
| 2023 | $0.66 |
| 2024 | $0.69 |
| 2025 | $0.70 |
| 2026 | $0.35 |
SEC Filings
The Long Run
FY 2009–2025 · 17 years
| Line | Latest | CAGR | Trend |
|---|---|---|---|
| Revenue | $12.67B | -2.2% | |
| Gross profit | $2.50B | -2.3% | |
| Net income | $1.68B | +8.1% | |
| Cash from ops | $3.03B | +1.6% |
Indices
Recent Sessions
| Date | Open | High | Low | Close | Vol |
|---|---|---|---|---|---|
| Sep 25 | $14.88 | $14.89 | $14.85 | $14.87 | 5.16M |
| Sep 24 | $14.81 | $14.87 | $14.81 | $14.85 | 6.16M |
| Sep 23 | $14.82 | $14.84 | $14.80 | $14.81 | 10.76M |
| Sep 22 | $14.82 | $14.86 | $14.82 | $14.82 | 14.08M |
| Sep 21 | $14.84 | $14.84 | $14.81 | $14.83 | 4.79M |
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