AES financials
$14.86−0.07%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $12.23B | $12.28B | $12.67B | $12.62B | $11.14B | $9.66B | $10.19B | $10.74B | $10.53B | $10.28B |
| Gross profit | $2.21B | $2.31B | $2.50B | $2.55B | $2.71B | $2.69B | $2.35B | $2.57B | $2.46B | $2.38B |
| Gross margin | 18.1% | 18.8% | 19.8% | 20.2% | 24.3% | 27.9% | 23.1% | 24.0% | 23.4% | 23.2% |
| Operating income | $1.51B | $1.85B | $2.15B | $2.27B | $910.0M | $1.61B | $1.89B | $2.12B | $1.66B | $1.01B |
| Net income | $939.0M | $1.69B | $242.0M | -$546.0M | -$409.0M | $46.0M | $303.0M | $1.20B | -$1.16B | -$1.13B |
| Net margin | 7.7% | 13.7% | 1.9% | −4.3% | −3.7% | 0.5% | 3.0% | 11.2% | −11.0% | −11.0% |
| Diluted EPS | $1.31 | $2.37 | $0.34 | $-0.82 | $-0.61 | $0.07 | $0.45 | $1.81 | $-1.76 | $-1.72 |
| EBITDA | $2.97B | $3.12B | $3.30B | $3.35B | $3.54B | $3.54B | $3.12B | $3.33B | $3.36B | $3.29B |
| Operating cash flow | $4.31B | $2.75B | $3.03B | $2.71B | $1.90B | $2.75B | $2.47B | $2.34B | $2.50B | $2.90B |
| Free cash flow | -$1.62B | -$4.64B | -$4.69B | -$1.84B | -$214.0M | $855.0M | $61.0M | $222.0M | $327.0M | $552.0M |
| Diluted shares | 714.0M | 713.0M | 712.0M | 668.0M | 666.0M | 668.0M | 667.0M | 665.0M | 660.0M | 660.0M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $1.38B | $1.52B | $1.43B | $1.37B | $943.0M | $1.09B |
| Short-term investments | $174.0M | $79.0M | $395.0M | $730.0M | $232.0M | $335.0M |
| Total debt | $30.78B | $30.19B | $28.17B | $23.75B | $18.88B | $20.07B |
| Total assets | $51.77B | $47.41B | $44.80B | $38.36B | $32.96B | $34.60B |
| Total liabilities | $39.84B | $38.76B | $37.35B | $32.54B | $27.14B | $29.01B |
| Shareholders' equity | $9.11B | $7.70B | $5.99B | $4.50B | $4.57B | $4.72B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology