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

14.90 0.00 0.00%
Market cap
$10.6B
P/E
6.0×
Fwd P/E
7.3×
Dividend yield
4.72%
F-score
4/9
Altman Z
0.36
Beneish M
−2.80
Dividend safety
16/100

The AES Corporation (AES) Return on equity

Alert me on 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

Embed this chart

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

Low −22.0% High 26.1%
Ten-year median 4.53%
Current reading's percentile 82

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)

The full definition of Return on equity →

More on AES