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.
- Revenue
- +15.6%
- EPS
- −17.0%
- Free cash flow
- +39.9%
- Total debt
- +7.83%
Quarter to September 2026, against a year earlier
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The AES Corporation (AES) Return on equity
The AES Corporation's return on equity over the twelve months to 30 September 2026 was 18.6%, up 7.9 percentage points from fiscal 2025 (10.7%). Over the past ten years it has ranged from −22.0% (fiscal 2017) to 26.1% (fiscal 2024); the current reading is higher than 82% of that period. That is above the Utilities Diversified industry median of 8.91% and above the Utilities sector median of 8.82%.
Return on equity, annual
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Annual newest first
| Period | Return on equity | Change (points) |
|---|---|---|
| FY2025 | 10.7% | (15.42) |
| FY2024 | 26.1% | 20.48 |
| FY2023 | 5.65% | 20.42 |
| FY2022 | −14.8% | (5.09) |
| FY2021 | −9.68% | (10.60) |
| FY2020 | 0.92% | (4.67) |
| FY2019 | 5.59% | (17.44) |
| FY2018 | 23.0% | 45.05 |
| FY2017 | −22.0% | (2.98) |
| FY2016 | −19.0% | (23.57) |
Against its own ten years
Return on equity against peers
| Company | Return on equity |
|---|---|
| AES The AES Corporation | 18.6% |
| AVA Avista Corporation compare | 9.02% |
| UTL Unitil Corporation compare | 8.91% |
| BIP Brookfield Infrastructure Partners LP compare | 1.05% |
| SRE Sempra compare | 0.00% |
| ELPC Companhia Paranaense de Energia - Copel Unsponsored ADR compare | — |
| Utilities Diversified industry median | 8.91% |
| Utilities sector median | 8.82% |
| Market median | 0.51% |
What Return on equity is
ROE shows how much profit a company earns for its shareholders on the equity they have in the business.
Annual: Net Income Allotted to Shareholders ÷ Average Common Equity; TTM: Net Income Allotted to Shareholders ÷ Average Common Equity (latest quarter)
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/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- 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