# AES share price today (The AES Corporation, AES)

> The AES Corporation's results are improving, while its P/E is near the low end of its own history over 2.6 years, higher than only 31% of past readings. AES · Utilities · Utilities - Diversified · data as of 3 November 2026. Page: https://www.sectoralpha.in/us/stocks/aes

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## Key numbers

- Price: $14.92 (+7.6% in a year)
- P/E: 6.0× (lower than 69% of the last 2.6 years)
- Revenue (Jun 2026): $3.4 B (+19.9% on a year ago)
- Profit (Jun 2026): $387 M
- Operating margin: 18.7% (+4.7 points on a year ago)
- ROE: 1%, FY25
- ROIC: 3.8%, against a 4.9% cost of capital: −1.1 points
- Profit that came in as cash: 732%, last 2 years

The main question: the share price moved +7.6% in a year while yearly earnings per share moved −46.8%. The difference came from the market paying a higher multiple. ## What is the AES share price today? The AES Corporation's share price was $14.92 at the close on 3 November 2026. It has been rising for 40 weeks. That is 0.9% above its average price over the last 200 trading days. In the last 52 weeks it traded between $14 and $17, and at that close it sat 37% of the way up from that low. Over the past 13 weeks it has done better than the S&P 500, and it has stayed ahead for 1 week in a row. Over the last 10 years the share price moved +21% while the S&P 500 moved +255%, so it is behind the index over that whole period. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What dividend does AES pay? The AES Corporation paid $0.70 per share over the last four reported quarters. The most recent declaration was $0.18 for Jun 2026. At today's price of $14.92 that is a yield of 4.69%, based on dividends already paid, not a forecast. ## Which stock lists is AES on? AES is on one of our US lists: S&P 500 companies. [S&P 500 companies](https://www.sectoralpha.in/sp-500-stocks)

## Is AES profitable? The AES Corporation earned $387 M of net profit in the Jun 2026 quarter. Full-year FY25 profit was $162 M. That is 11.3% of the quarter's revenue. The same quarter a year earlier lost $150 M. 4 of the last 12 reported quarters were loss-making. For the full year, FY25 profit was $162 M (−79.8% on the year before). ## How much revenue does AES make, and is it growing? The AES Corporation reported $3.4 B of revenue in the Jun 2026 quarter, +19.9% on the same quarter a year earlier. That is the 4th quarter in a row with growth on the year before. Over 4 years it has grown 2.4% a year on average. The last full year, FY25, came in at $12.2 B. The last four reported quarters add to $13.1 B. FY25 revenue was $12.2 B, −0.4% on the year before. Recent pace: the last four quarters grew +8.8% on average, against 2.4% a year over the longer run, so this year is growing faster than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +8.5%, against +2.2% a year over the last 8 quarters (accelerating); profit over the last 12 months grew +607.4%, against +22.0% a year (accelerating). ## How much of every $100 of sales does AES keep? The AES Corporation's operating margin was 18.7% in the Jun 2026 quarter, 4.7 percentage points higher than the same quarter a year ago. Across 5 years it has been between 16.4% and 23.0%. The latest quarter is within that range. Why: the operating margin move is clear, but the cost details behind it are not in our data, so we show the move without guessing the reason. ## Is AES' profit turning into cash? Over the last 2 years, 732% of The AES Corporation's reported profit came in as cash from its operations, so the profit is backed by cash. In FY25 it brought in $4.3 B of operating cash against $162 M of profit. After $5.9 B of spending on assets, free cash was −$1.6 B: it spent more than its operations brought in. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason. What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building. ## Where does AES' cash go? The AES Corporation does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent $21.0 B on assets over the last 3 years. Averaged over those years that is 57.3% of FY25 revenue a year. Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn. Spending on assets: $21.0 B over the last 3 years. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is AES' P/E ratio, and how does it compare with its own history? The AES Corporation's P/E is 6.0×, near the low end of its own history: it has been lower only 31% of the time. Its usual P/E (the middle reading) is 8.5×, over 2.6 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. Why the multiple is where it is: over the past year earnings per share moved −46.8% while the price moved +7.6%. The price did better than earnings, which pushed the multiple up within its own range. In short: the multiple is low against its own past, so the earnings trend underneath matters more than the multiple. ## Is the AES business getting better or worse? The AES Corporation's business trend cannot be read yet. There are fewer than eight usable quarters of growth figures, so there is not enough history to read the trend. This is based on 12 quarters of 2 measures, with some gaps. Why it matters: with too little history, we say so rather than guess a direction. One or more growth lines have an extreme jump caused by comparing with a near-zero or loss-making quarter. Those jumps are capped before reading and drawn at the edge of the chart, so one odd quarter does not decide the result. There are fewer than eight usable quarters, so this page does not guess a direction from so little history. ## How much does AES earn on its capital? The AES Corporation earned a ROE of 1% in FY25. That is up from a low of −16% in FY21. Its return on capital used (ROIC) is 1.1 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses. It comes from a 1.3% net margin and 0.24× asset turnover (sales divided by assets). Why the return is what it is (FY25): a 1.3% net margin × 0.24× asset turnover × 4.34× leverage (assets divided by equity) ≈ 1.4% on equity. The margin does its share; borrowing is a big part of it. The key test, return on capital used minus the cost of capital: 3.8% − 4.9% = −1.1 percentage points. The 4.9% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve. ## Does AES have too much debt? The AES Corporation has total debt of $32.9 B against shareholder equity of $12.8 B as of Jun 2026, so its debt is 2.57× its equity. Year by year, that ratio went from 3.26 in FY21 to 2.59 in FY25. Keep that borrowing in mind when reading the returns on this page. ## What is the AES shareholding pattern? 2.9% of The AES Corporation's tradable shares are in short positions, which are bets that the price will fall, so some traders are betting against it. At normal trading volumes, closing those positions would take about 2.2 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead. It is a single reading at one point in time; we do not have its history. Why it is at this level: the figure does not say who holds the short positions or why, so we show the level without guessing the story. ## How far is AES from balance-sheet trouble? For The AES Corporation, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does AES rank in its industry? 57.3 out of 100, rank 2 of 6 in Utilities - Diversified, with 60% of the evidence available. The AES Corporation scores 57.3 out of 100 against the 6 companies it is compared with in Utilities - Diversified, ranking 2. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. The four parts add up to the total exactly: 18.8 + 12.6 + 11.5 + 14.4 = 57.3. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is AES compared with? AES ranks 2 of 6 Utilities - Diversified companies on the 4-Factor Sector Score, with 57.3 out of 100. 1. [Unitil Corporation](https://www.sectoralpha.in/us/stocks/utl) UTL · turning · Evidence leans up · 68% evidence 62.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 20.9/35 · Revenue 20.6% · Profit n/a · Operating margin change n/a · 45% evidence Capital efficiency 14.1/25 · ROCE 6.4% · Operating margin 11.2% · 76% evidence Valuation 10.7/20 · P/E 16.8× · PEG 1.62 · 65% evidence Relative strength 16.8/20 · Lead over its industry 6.4% · Lead over S&P 500 0.5% · 1 year 14.5% · 100% evidence · 0 of 12 weeks ahead Exact sum: 20.9 + 14.1 + 10.7 + 16.8 = 62.5 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 2. The AES Corporation this page AES · turning · Evidence leans up · 60% evidence 57.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 18.8/35 · Revenue 8.5% · Profit 100% · Operating margin change n/a · 52% evidence Capital efficiency 12.6/25 · ROCE 5.3% · Operating margin 25.3% · 76% evidence Valuation 11.5/20 · P/E 5.6× · PEG n/a · 15% evidence Relative strength 14.4/20 · Lead over its industry 2.7% · Lead over S&P 500 -3% · 1 year 5.6% · 100% evidence · 0 of 12 weeks ahead Exact sum: 18.8 + 12.6 + 11.5 + 14.4 = 57.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 3. [Avista Corporation](https://www.sectoralpha.in/us/stocks/ava) AVA · turning · Evidence leans down · 79% evidence 48.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 15.9/35 · Revenue -1.8% · Profit 27.5% · Operating margin change n/a · 76% evidence Capital efficiency 9.9/25 · ROCE 4.6% · Operating margin 10.6% · 76% evidence Valuation 15.9/20 · P/E 14.9× · PEG 0.62 · 65% evidence Relative strength 6.9/20 · Lead over its industry -3.2% · Lead over S&P 500 -8.8% · 1 year -6.7% · 100% evidence · 0 of 12 weeks ahead Exact sum: 15.9 + 9.9 + 15.9 + 6.9 = 48.6 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 4. [Brookfield Infrastructure Partners L.P.](https://www.sectoralpha.in/us/stocks/bip) BIP · basing · Evidence leans down · 77% evidence 43.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 13.8/35 · Revenue 16.4% · Profit 100% · Operating margin change -1.6 points · 71% evidence Capital efficiency 12.8/25 · ROCE 5.7% · Operating margin 22.8% · 76% evidence Valuation 9.2/20 · P/E 38.6× · PEG 1.56 · 65% evidence Relative strength 7.8/20 · Lead over its industry 1.8% · Lead over S&P 500 -3.8% · 1 year 6.4% · 100% evidence · 0 of 12 weeks ahead Exact sum: 13.8 + 12.8 + 9.2 + 7.8 = 43.6 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 5. [Algonquin Power & Utilities Corp.](https://www.sectoralpha.in/us/stocks/aqn) AQN · basing · Too little evidence to rank firmly · 52% evidence 36.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 18.9/35 · Revenue n/a · Profit n/a · Operating margin change n/a · 29% evidence Capital efficiency 6.5/25 · ROCE 4.1% · Operating margin 16.2% · 76% evidence Valuation 9.1/20 · P/E 32.5× · PEG n/a · 15% evidence Relative strength 1.7/20 · Lead over its industry -6.6% · Lead over S&P 500 -12.2% · 1 year -11.5% · 100% evidence · 0 of 12 weeks ahead Exact sum: 18.9 + 6.5 + 9.1 + 1.7 = 36.2 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 6. [Sempra](https://www.sectoralpha.in/us/stocks/sre) SRE · turning · Most evidence points down · 79% evidence 34.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 12.3/35 · Revenue 1.6% · Profit -14.4% · Operating margin change n/a · 76% evidence Capital efficiency 8.9/25 · ROCE 3.7% · Operating margin 16.5% · 76% evidence Valuation 4.7/20 · P/E 26.8× · PEG 3.43 · 65% evidence Relative strength 8.1/20 · Lead over its industry -3.9% · Lead over S&P 500 -9.6% · 1 year -8.9% · 100% evidence · 0 of 12 weeks ahead Exact sum: 12.3 + 8.9 + 4.7 + 8.1 = 34 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led S&P 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led S&P 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Jun 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Utilities - Diversified](https://www.sectoralpha.in/us/sectors/utilities-diversified), all 6 compared on one page. ## Which companies are close to AES in size? AES is the 3rd largest of 6 Utilities - Diversified companies on Sector Alpha by market value (scores of 3 November 2026). Just above it: Sempra and Brookfield Infrastructure Partners L.P. Just below it: Algonquin Power & Utilities Corp., Avista Corporation and Unitil Corporation. ### Utilities - Diversified companies close in size

1. [Sempra](https://www.sectoralpha.in/us/stocks/sre) $55.8 billion
2. [Brookfield Infrastructure Partners L.P.](https://www.sectoralpha.in/us/stocks/bip) $17.3 billion
3. The AES Corporation $10.6 billion
4. [Algonquin Power & Utilities Corp.](https://www.sectoralpha.in/us/stocks/aqn) $4.3 billion
5. [Avista Corporation](https://www.sectoralpha.in/us/stocks/ava) $3.2 billion
6. [Unitil Corporation](https://www.sectoralpha.in/us/stocks/utl) $1 billion

[All 6 Utilities - Diversified companies, largest first](https://www.sectoralpha.in/us/sectors/utilities-diversified#all-companies)

### Companies close in size in other industries

1. [Insulet Corporation](https://www.sectoralpha.in/us/stocks/podd) $10.7 billion · Medical Devices
2. [Universal Health Services, Inc.](https://www.sectoralpha.in/us/stocks/uhs) $10.6 billion · Medical Care Facilities
3. The AES Corporation $10.6 billion
4. [Wintrust Financial Corporation](https://www.sectoralpha.in/us/stocks/wtfc) $10.6 billion · Banks - Regional
5. [Domino's Pizza, Inc.](https://www.sectoralpha.in/us/stocks/dpz) $10.6 billion · Restaurants

## What else do people ask about AES? ### What were AES's latest quarterly results? The AES Corporation reported revenue of $3.4 B and net profit of $387 M for the Jun 2026 quarter. Earnings per share were $0.60. The operating margin was 18.7%, 4.7 percentage points higher than a year earlier (as of 3 November 2026). ### What is AES's market cap? The AES Corporation's market capitalisation is $10.6 B at a stock price of $14.92. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is AES performing? The AES Corporation's share price has been rising for 40 weeks. Over the past 13 weeks it has done better than the S&P 500, for 1 week running. This describes what the data did, not a rating (as of 3 November 2026). ### Will AES's stock price go up? This page does not forecast The AES Corporation's stock price. What it shows instead: the stock price is $14.92, and it has been rising for 40 weeks. Its P/E of 6.0× is higher than 31% of its own last 3 years (as of 3 November 2026). ### Does AES have too much debt? Yes, The AES Corporation has a lot of debt: its debt is 3.13× its equity. A year-by-year history of its borrowings is not in our data, so this uses the latest reading. Keep that borrowing in mind when reading the returns on this page (as of 3 November 2026). ### Where is AES in its business cycle? The AES Corporation's FY25 operating margin was 16.5%, against a 5-year range of 16.4% to 23.0%: the low end of its own range, which is often where recoveries start. The latest quarter was 18.7%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the AES story? The main question: the share price moved +7.6% in a year while yearly earnings per share moved −46.8%. The difference came from the market paying a higher multiple. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is AES a stock worth studying right now? What the numbers show: The AES Corporation's results are improving, while its P/E is near the low end of its own history over 2.6 years, higher than only 31% of past readings. The main open question: whether earnings grow into a price that has already moved. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). ## Lists

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