Saturday 17 October 2026 Export AEIS’s income statement to Excel — free account

Advanced Energy Industries, Inc.

AEIS Industrials Electrical Equipment & Parts

Advanced Energy Industries, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $1.8 billion, up 21.4% from fiscal 2024. In the quarter to June 2026, revenue grew 30.0%, EPS grew 107.5%, free cash flow grew 107.6% and total debt rose 123.3%, each against the same quarter a year earlier. Dividend growth for five consecutive years.

238.05 14.03 −5.57%

Follow AEIS

Alert me

Market cap: $10.1B
P/E: 41.2×
Fwd P/E: 39.0×
Dividend yield: 0.17%
F-score: 7/9
Altman Z: 5.81
Beneish M: −2.43
Dividend safety: 82/100

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total sells 34.52

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	3	2	1	3	6	2	—	1	—	4	2	1

Insider Ownership 0.00%

Capital & Financial Ratios $m

Market Cap 10,100.00

Revenue 2,037.80

Net Income 219.40

Free Cash Flow 86.70

Net Debt (132.30)

Current Ratio 3.79

Debt/Equity 0.87

P/E ratio 41.19

Fwd P/E 39.00

P/S ratio 4.54

P/B ratio 6.36

Past 5Y EPS Growth 1.87%

This Y EPS Growth 75.46%

Next Y EPS Growth 35.88%

Next Y revenue growth 34.81%

Next 5Y EPS Growth 43.35%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 76.05%

10-year low 10-year high

P/S against its own 10 years 81.98%

10-year low 10-year high

P/B against its own 10 years 89.94%

10-year low 10-year high

EV/Sales against its own 10 years 85.99%

10-year low 10-year high

EV/FCF against its own 10 years 93.55%

10-year low 10-year high

Dividends

Payout Ratio 0.07

Annual Dividend Rate 0.40

Annual Dividend Yield 0.17%

	total	individual payouts
2028	Powerpack
2027	Powerpack
2026	0.40	0.10 0.10 0.10
2025	0.40	0.10 0.10 0.10 0.10
2024	0.40	0.10 0.10 0.10 0.10
2023	0.40	0.10 0.10 0.10 0.10
2022	0.40	0.10 0.10 0.10 0.10
2021	0.40	0.10 0.10 0.10 0.10
2020	Powerpack
2019	Powerpack
2017	Powerpack

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	1,045	722	791	1,397
Receivables	282	265	325	404
Inventory	336	360	411	538
Other	49	42	46	73
	1,712	1,389	1,574	2,411

	2023	2024	2025	Q'26
Payables	142	144	224	316
ST’ Debt	20	—	568	136
Other	16	12	13	14
	336	314	991	636

Compound Annual Growth %

	10y	5y	3y
Sales	15.80%	4.90%	(0.85%)
Cash Flow	8.34%	3.00%	8.32%
Earnings	0.00%	1.96%	(9.42%)
Book Value	17.86%	10.82%	8.52%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	511	574	—	—	—
’25	405	442	463	489	1,799
’24	328	365	374	415	1,482
’23	425	416	410	405	1,656
’22	397	441	516	491	1,845
’21	352	361	346	397	1,456
’20	315	340	390	371	1,416

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(6)	85	—	—	—
’25	29	45	79	81	233
’24	7	7	34	83	131
’23	30	23	73	84	209
’22	10	38	65	71	184
’21	54	34	18	34	140
’20	29	38	67	67	201

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(43)	36	—	—	—
’25	15	17	51	43	126
’24	(9)	(8)	22	70	74
’23	14	5	59	70	148
’22	(3)	25	51	51	125
’21	45	28	11	30	114
’20	22	31	56	56	165

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	1.58	1.28	—	—	—
’25	0.65	0.67	1.20	1.30	3.84
’24	0.14	0.40	(0.40)	1.29	1.43
’23	0.82	0.72	0.86	1.00	3.40
’22	0.97	1.19	1.97	1.16	5.29
’21	1.00	0.92	0.55	1.05	3.51
’20	0.48	0.76	1.19	1.09	3.50

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	24.25	53.79	38.74	40.76	33.38	81.71	67.55	81.86	89.12	75.01	Analyst estimates 2026–2028 Powerpack
	High	57.29	95.00	77.99	72.26	104.43	125.55	98.07	126.38	124.48	232.05
People
People	Employees	1,558	1,876	2,259	10,917	10,000	10,000	12,000	10,000	10,000	13,000
	Revenue/emp, $m	0.31	0.36	0.32	0.07	0.14	0.15	0.15	0.17	0.15	0.14
Income, $m
Income, $m	Revenue	484	671	719	789	1,416	1,456	1,845	1,656	1,482	1,799
	Gross margin, %	52.34	53.11	50.86	40.01	38.27	36.56	36.60	35.78	35.72	37.66
	EBT	128	198	172	67	158	149	242	123	52	169
	EBT margin, %	26.48	29.54	23.98	8.52	11.17	10.21	13.10	7.40	3.54	9.38
	Net income	127	138	147	65	135	135	200	128	54	148
	Depreciation	8	9	14	26	48	53	61	68	72	65
Per share, $
Per share, $	Revenue	12.18	16.88	18.39	20.61	36.95	38.17	49.26	44.15	39.52	47.84
	Earnings	3.21	3.47	3.76	1.70	3.52	3.53	5.33	3.42	1.45	3.95
	Cash flow	3.00	4.60	3.87	1.26	5.25	3.68	4.90	5.57	3.49	6.20
	Capex	(0.17)	(0.23)	(0.52)	(0.66)	(0.95)	(0.68)	(1.57)	(1.63)	(1.51)	(2.86)
	Free cash flow	2.83	4.37	3.35	0.61	4.30	3.00	3.33	3.94	1.97	3.35
	Book value	9.87	13.10	15.54	17.69	21.28	22.85	28.46	30.51	32.08	36.24
	Shares, m	40	40	39	38	38	38	37	38	38	38
Valuation, ×
Valuation, ×	P/E	17.02	20.06	11.45	42.13	27.55	25.80	16.05	30.97	80.30	53.01
	P/S	4.50	4.11	2.33	3.45	2.62	2.39	1.74	2.41	2.93	4.38
	P/B	5.55	5.30	2.76	4.02	4.56	3.99	3.01	3.48	3.60	5.78
	EV/Sales	3.91	3.50	1.84	3.44	2.51	2.28	1.69	2.33	2.83	4.57
	EV/FCF	16.80	13.53	10.13	117.03	21.56	29.02	25.01	26.07	56.74	65.25
Cash, $m
Cash, $m	Operating cash flow	119	183	151	48	201	140	184	209	131	233
	Capex	(7)	(9)	(20)	(25)	(36)	(26)	(59)	(61)	(57)	(107)
	Free cash flow	112	174	131	23	165	114	125	148	74	126
Balance, $m
Balance, $m	Working capital	343	489	458	546	684	792	795	1,376	1,075	583
	Total debt	—	—	—	339	322	393	373	916	565	568
	Net debt	(287)	(410)	(352)	(10)	(161)	(152)	(86)	(129)	(157)	(224)
	Shareholders’ equity	392	521	607	677	815	871	1,066	1,144	1,203	1,363
Returns, %
Returns, %	ROA	24.65	21.13	18.97	5.53	8.47	7.78	10.48	5.64	2.25	6.17
	ROIC	75.23	113.81	41.96	5.09	16.81	13.17	14.85	7.00	2.19	9.22
	ROE	38.88	30.21	26.07	10.11	18.05	15.97	20.61	11.61	4.62	11.57

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
HUBB Hubbell Inc	$24.6B	27.2×	26.2×	+15.33% (above 0%: growing)	−0.87% (below 0%: shrinking)	−3.58% (below 0%: shrinking)	35.81%	20.36%	Compare
NVT nVent Electric PLC	$23.6B	38.5×	43.2×	+52.77% (above 0%: growing)	+95.59% (above 0%: growing)	+579.29% (above 0%: growing)	37.93%	20.44%	Compare
AEIS Advanced Energy Industries, Inc.	$10.1B	41.2×	39.0×	+30.03% (above 0%: growing)	+107.46% (above 0%: growing)	+107.60% (above 0%: growing)	41.13%	16.57%
AYI Acuity, Inc.	$9.0B	17.3×	17.1×	+2.92% (above 0%: growing)	+55.64% (above 0%: growing)	+61.06% (above 0%: growing)	53.85%	18.24%	Compare
ENS Enersys	$6.2B	17.6×	21.1×	+4.77% (above 0%: growing)	+115.54% (above 0%: growing)	+881.05% (above 0%: growing)	33.49%	16.18%	Compare
POWL Powell Industries, Inc.	$6.2B	31.5×	52.3×	+8.90% (above 0%: growing)	+7.25% (above 0%: growing)	+121.73% (above 0%: growing)	30.57%	20.55%	Compare
ATKR Atkore Inc.	$3.2B	— (loss-making)	— (loss-making)	+8.13% (above 0%: growing)	−98.41% (below 0%: shrinking)	−1,006.00% (below 0%: shrinking)	22.18%	8.05%	Compare
HAYW Hayward Holdings, Inc.	$2.5B	15.7×	19.2×	+6.27% (above 0%: growing)	0.00%	+66.86% (above 0%: growing)	48.70%	23.87%	Compare
PLUG Plug Power, Inc.	$2.1B	— (loss-making)	— (loss-making)	+2.49% (above 0%: growing)	n/m	+56.89% (above 0%: growing)	(0.94%)	(35.96%)	Compare
Median of peers	$6.2B	22.4×	23.7×	+7.20%	+7.25%	+63.96%	34.65%	19.30%

All 52 Electrical Equipment & Parts stocks →

Advanced Energy Industries, Inc. (AEIS) key facts

Strength: Advanced Energy Industries, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $1.8 billion, up 21.4% from fiscal 2024.
Strength: Net income was $148.4 million, or $3.95 per share (basic), a net margin of 8.25%.
Advanced Energy Industries, Inc. (AEIS) is an Electrical Equipment & Parts company in the Industrials sector, listed on Nasdaq.
As of October 16, 2026, AEIS traded at $238.05, a market capitalization of $10.1 billion.
At that price the stock trades at 41.2× trailing-twelve-month earnings and 4.5× sales; its P/E is higher than 76% of its own readings over the past ten years.
Advanced Energy Industries, Inc. pays an annual dividend of $0.40 per share, a yield of 0.17%, with a payout ratio of 7.46%.
Return on equity was 11.6% and debt-to-equity 0.87.
Its Piotroski F-score is 7 out of 9 and its Altman Z-score is 5.81 (safe zone) for fiscal 2025.