Companies / Utilities
AES
AES Corporation
Independent Power Producers & Energy Traders
Independent Power Producers & Energy TradersAnalysis in progress
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Business at a glance
Operating-health scores describe reported fundamentals on a 0–100 scale. They are not a rating of the stock. How they work
Operating health28
Growth23
Profitability30
Cash generation0
Balance sheet12
Dilution control76
Key ratios and five-year financials
Latest quarter revenue YoY (2026-09-30)15.5%Revenue growth (FY)-0.4%Revenue CAGR (3y)-1.0%Gross margin18.1%Operating margin—Net margin7.4%Free cash flow margin-13.3%R&D / revenue—Stock comp / revenue0.1%Net debt / operating cash flow—Current ratio0.77Diluted share count change0.1%
| Fiscal year ending | FY 2021-12 | FY 2022-12 | FY 2023-12 | FY 2024-12 | FY 2025-12 |
|---|---|---|---|---|---|
| Revenue | $11.1B | $12.6B | $12.7B | $12.3B | $12.2B |
| Gross profit | $2.7B | $2.5B | $2.5B | $2.3B | $2.2B |
| Net income | -$409M | -$546M | $249M | $1.7B | $910M |
| Operating cash flow | $1.9B | $2.7B | $3.0B | $2.8B | $4.3B |
| Capital expenditure | $2.1B | $4.6B | $7.7B | $7.4B | $5.9B |
| Free cash flow | -$214M | -$1.8B | -$4.7B | -$4.6B | -$1.6B |
| Stock-based comp | $14M | $23M | $2M | $12M | $14M |
| Dividends | $401M | $422M | $444M | $483M | $501M |
| Cash | $943M | $1.4B | $1.4B | $1.5B | $1.4B |
| Equity | $2.8B | $2.4B | $2.5B | $3.6B | $4.1B |
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