The AES Corporation
AES Utilities Utilities Diversified
The AES Corporation’s revenue for fiscal 2025 (year ended December 2025) was $12.2 billion, roughly unchanged from fiscal 2024. In the quarter to June 2026, revenue grew 19.9%, EPS grew 500.0%, free cash flow fell 67.7% and total debt rose 6.10%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for ten consecutive years.
Follow AES
The AES Corporation (AES) P/E ratio
As of 16 October 2026, The AES Corporation (AES) trades at a P/E ratio of 5.7×. Over the past ten years it has ranged from 0.0× (December 2023) to 361× (February 2021); the current reading is higher than 50% of that period. That is below the Utilities Diversified industry median of 18.5× and below the Utilities sector median of 20.0×.
P/E ratio, daily
Embed this chart
Annual newest first
| Period | P/E ratio | Change |
|---|---|---|
| FY2025 | 11.4× | 111.35% |
| FY2024 | 5.4× | (89.98%) |
| FY2023 | 53.7× | — |
| FY2022 | 0.0× | — |
| FY2021 | 0.0× | — |
| FY2020 | 294× | 564.26% |
| FY2019 | 44.2× | 456.60% |
| FY2018 | 7.9× | — |
| FY2017 | 0.0× | — |
| FY2016 | 0.0× | — |
Quarterly newest first
| Period | P/E ratio | Change |
|---|---|---|
| Jun 2026 | 5.6× | (25.74%) |
| Mar 2026 | 7.5× | (33.79%) |
| Dec 2025 | 11.4× | 38.37% |
| Sep 2025 | 8.2× | 11.02% |
| 42 more quarters | Free account |
Against its own ten years
P/E ratio against peers
| Company | P/E ratio |
|---|---|
| AES The AES Corporation | 5.7× |
| AVA Avista Corporation compare | 13.2× |
| UTL Unitil Corporation compare | 17.1× |
| ELPC Companhia Paranaense de Energia - Copel Unsponsored ADR compare | 20.0× |
| SRE Sempra compare | 24.0× |
| BIP Brookfield Infrastructure Partners LP compare | 60.4× |
| Utilities Diversified industry median | 18.5× |
| Utilities sector median | 20.0× |
| Market median | 18.1× |
What P/E ratio is
Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.
Stock Price ÷ EPS (Basic) (TTM)
More on AES
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement