The Bid & Ask

Quotations, Dispatches, and the Daily Tape

Thursday, August 13, 2026

Subject of the day

AES

Concerning the House

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.

United States · www.aes.com

The Long Run

FY 2009–2025 · 17 years

LineLatestCAGRTrend
Revenue$12.67B-2.2%
Gross profit$2.50B-2.3%
Net income$1.68B+8.1%
Cash from ops$3.03B+1.6%
Quotation

$14.73

+0.02 (+0.1%)

52w hi$16.87
52w lo$11.92
Vol2.34M
As ofAug 13
The Verdict

Hold

Our score -0.06

Short+0.09
Medium-0.21
Long-0.03

computed 2026-08-13

By the Numbers

The AES Corporation

Utilities · Utilities - Diversified

Market cap$10.50B
Enterprise value$49.47B
Trailing P/E5.52x
Forward P/E6.20x
EV / EBITDA12.15x
P / S (ttm)0.81x
Profit margin14.3%
Return on equity9.6%
Revenue growth+19.9%
Earnings growth
Debt / equity256.89
Risk Metrics
Beta vs SPX0.81
Corr SPX0.31
Annual vol42.4%
Annual ret+2.8%
Sharpe0.07
Max DD-52.4%

Window: 504 trading days (504 obs)

Layer Breakdown
LayerRawContribution
Fundamental+0.31
Sector-0.01
Technical+0.09
Earnings+0.00
Sentiment+0.00

macro × 1.00 · 2026-08-13

Recent Sessions
DateOpenHighLowCloseVol
Aug 13$14.74$14.75$14.71$14.732.34M
Aug 12$14.71$14.74$14.71$14.714.49M
Aug 11$14.72$14.73$14.70$14.703.72M
Aug 10$14.72$14.75$14.69$14.7312.46M
Aug 7$14.72$14.73$14.69$14.736.80M