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The AES CorporationNYSE:AES Stock Report

Market Cap US$9.5b
Share Price
US$13.36
My Fair Value
US$14
3.4% undervalued intrinsic discount
1Y-23.1%
7D4.4%
Portfolio Value
​
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The AES Corporation

NYSE:AES Stock Report

Market Cap: US$9.5b

AES (AES) Stock Overview

Operates as a power generation and utility company in the United States and internationally. More details

AES fundamental analysis
Snowflake Score
Valuation5/6
Future Growth2/6
Past Performance3/6
Financial Health1/6
Dividends5/6

Rewards

Trading at 30.7% below our estimate of its fair value

Earnings are forecast to grow 13.47% per year

Earnings grew by 9.7% over the past year

Trading at good value compared to peers and industry

Risk Analysis

Interest payments are not well covered by earnings

Large one-off items impacting financial results

Dividend of 5.27% is not well covered by free cash flows


AES Community Fair Values

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See what 101 others think this stock is worth. Follow their fair value or set your own to get alerts.

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AES

Global Decarbonization And Electrification Will Fuel Renewables And Storage Expansion

Key Takeaways AES's advantages in data center partnerships, supply chain strategy, and digital grid solutions position it for higher recurring revenue, superior margins, and accelerated market share gains. Strategic flexibility, strong execution on asset transitions, and M&A potential allow AES to capitalize on industry shifts, enhancing earnings visibility and long-term growth prospects.
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US$21.95
FV
39.1% undervalued intrinsic discount
10.88%
Revenue growth p.a.
0users have liked this narrative
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2users have followed this narrative
4 days ago author updated this narrative
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AES

Renewable Energy And Storage Projects Will Secure Lasting Value

Key Takeaways Strong renewables pipeline and strategic technology investments are fueling accelerated revenue growth, improved margins, and greater cash flow visibility amid rising AI/data center electricity demand. Transition from coal to renewables reduces regulatory risks, while enhanced supply chains and regulatory reforms support stable utility revenue and resilient earnings growth.
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US$13.83
FV
3.4% undervalued intrinsic discount
-0.024%
Revenue growth p.a.
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0users have commented on this narrative
63users have followed this narrative
5 days ago author updated this narrative
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AES

AES Will Increase Profits with 8.34% Margin Growth and 12.5% Earnings Expansion

AES 02/13/25 $10.15 $31.20 $33.75 $15.20 Quarterly $0.180 $0.700 1/31/2025 Dividend Yield 6.98% 29.74% MSN Barchart article $11$18$25 90% Bullish 10@$10 Utilities Electrical Utilities & IPPs Employees 9,600 Founded 1981 The AES Corporation, together with its subsidiaries, operates as a diversified power generation and utility company in the United States and internationally. The company owns and/or operates power plants to generate and sell power to customers, such as utilities, industrial users, and other intermediaries; owns and/or operates utilities to generate or purchase, distribute, transmit, and sell electricity to end-user customers in the residential, commercial, industrial, and governmental sectors; and generates and sells electricity on the wholesale market.
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US$7.17
FV
86.3% overvalued intrinsic discount
4.05%
Revenue growth p.a.
0users have liked this narrative
0users have commented on this narrative
9users have followed this narrative
6 months ago author updated this narrative
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AES

Growing Cost Pressures Will Strain Renewables Despite Strong Backlog

Key Takeaways Elevated financing costs, political uncertainty, and shifting incentives threaten AES's profitability, asset value, and revenue stability. Rising competition, supply chain disruptions, and global economic risks put pressure on project returns and hamper long-term growth prospects.
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US$5.72
FV
133.7% overvalued intrinsic discount
-3.51%
Revenue growth p.a.
0users have liked this narrative
0users have commented on this narrative
0users have followed this narrative
3 days ago author updated this narrative
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The AES Corporation Competitors

Price History & Performance

Summary of share price highs, lows and changes for AES
Historical stock prices
Current Share PriceUS$13.36
52 Week HighUS$20.30
52 Week LowUS$9.46
Beta0.96
1 Month Change-0.075%
3 Month Change18.86%
1 Year Change-23.09%
3 Year Change-46.50%
5 Year Change-26.07%
Change since IPO307.73%

Recent News & Updates

AES Corp.: Compelling Buy At 6x PE

Aug 10

Investors Still Aren't Entirely Convinced By The AES Corporation's (NYSE:AES) Earnings Despite 25% Price Jump

Jul 18
Investors Still Aren't Entirely Convinced By The AES Corporation's (NYSE:AES) Earnings Despite 25% Price Jump

Recent updates

AES Corp.: Compelling Buy At 6x PE

Aug 10

Investors Still Aren't Entirely Convinced By The AES Corporation's (NYSE:AES) Earnings Despite 25% Price Jump

Jul 18
Investors Still Aren't Entirely Convinced By The AES Corporation's (NYSE:AES) Earnings Despite 25% Price Jump

When Should You Buy The AES Corporation (NYSE:AES)?

Jun 27
When Should You Buy The AES Corporation (NYSE:AES)?

AES: Misunderstood And On The Brink Of A Renewables Cash Surge

Apr 21

AES Corporation Is Too Cheap To Ignore

Mar 12

Should You Think About Buying The AES Corporation (NYSE:AES) Now?

Feb 21
Should You Think About Buying The AES Corporation (NYSE:AES) Now?

AES Corp.: What I Got Wrong (And Right)

Jan 27

Returns On Capital Signal Tricky Times Ahead For AES (NYSE:AES)

Jan 25
Returns On Capital Signal Tricky Times Ahead For AES (NYSE:AES)

Insufficient Growth At The AES Corporation (NYSE:AES) Hampers Share Price

Dec 29
Insufficient Growth At The AES Corporation (NYSE:AES) Hampers Share Price

AES Stock: Oversold For Utility With Dividend And Growth

Nov 24

Earnings Update: The AES Corporation (NYSE:AES) Just Reported Its Third-Quarter Results And Analysts Are Updating Their Forecasts

Nov 04
Earnings Update: The AES Corporation (NYSE:AES) Just Reported Its Third-Quarter Results And Analysts Are Updating Their Forecasts

Is There Now An Opportunity In The AES Corporation (NYSE:AES)?

Oct 28
Is There Now An Opportunity In The AES Corporation (NYSE:AES)?

Investors Met With Slowing Returns on Capital At AES (NYSE:AES)

Oct 07
Investors Met With Slowing Returns on Capital At AES (NYSE:AES)

AES: Undervalued With Underappreciated Growth Prospects

Sep 19

The AES Corporation's (NYSE:AES) Share Price Is Matching Sentiment Around Its Revenues

Sep 16
The AES Corporation's (NYSE:AES) Share Price Is Matching Sentiment Around Its Revenues
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Leveraging AI And Renewable Energy Partnerships For Future Growth And Profitability

AES's integration of generative AI and technology partnerships, especially in renewable energy, aims to solidify competitive advantages and revenue growth.

AES: Renewable Utilities With A Continued Upside

Jul 16

The AES Corporation Is In Transition, BEP Is The Better Alternative

Apr 27

AES: A Value Play With An Upside

Apr 10

Net-Zero Now: AES's Uphill Battle In The Renewable Energy Race

Jan 19

The AES Corporation: Promising Initiatives Are In Place, Hold Until They Pay Off

Jan 02

AES Corporation Has Become Too Cheap To Ignore

Oct 19

Massif Capital - The AES Corp: Are We Holding A Value Trap?

Jul 23

Shareholder Returns

AESUS Renewable EnergyUS Market
7D4.4%0.7%1.3%
1Y-23.1%69.4%15.8%

Return vs Industry: AES underperformed the US Renewable Energy industry which returned 69.4% over the past year.

Return vs Market: AES underperformed the US Market which returned 15.8% over the past year.

Price Volatility

Is AES's price volatile compared to industry and market?
AES volatility
AES Average Weekly Movement8.6%
Renewable Energy Industry Average Movement7.9%
Market Average Movement6.4%
10% most volatile stocks in US Market17.3%
10% least volatile stocks in US Market3.0%

Stable Share Price: AES has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: AES's weekly volatility (9%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19819,100Andres Gluski Weilertwww.aes.com

The AES Corporation, together with its subsidiaries, operates as a power generation and utility company in the United States and internationally. The company owns and/or operates power plants to generate and sell power to customers, such as utilities, industrial users, and other intermediaries; owns and/or operates utilities to generate or purchase, distribute, transmit, and sell electricity to end-user customers in the residential, commercial, industrial, and governmental sectors; and generates and sells electricity on the wholesale market. It uses various fuels and technologies to generate electricity, such as coal, gas, hydro, wind, solar, and biomass, as well as renewables comprising energy storage and landfill gas.

The AES Corporation Fundamentals Summary

How do AES's earnings and revenue compare to its market cap?
AES fundamental statistics
Market capUS$9.48b
Earnings (TTM)US$919.00m
Revenue (TTM)US$12.03b
10.4x
P/E Ratio
0.8x
P/S Ratio

Is AES overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
AES income statement (TTM)
RevenueUS$12.03b
Cost of RevenueUS$10.00b
Gross ProfitUS$2.04b
Other ExpensesUS$1.12b
EarningsUS$919.00m

Last Reported Earnings

Jun 30, 2025

Next Earnings Date

n/a

Earnings per share (EPS)1.29
Gross Margin16.92%
Net Profit Margin7.64%
Debt/Equity Ratio313.2%

How did AES perform over the long term?

See historical performance and comparison

Dividends

5.3%
Current Dividend Yield
54%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/08/18 02:29
End of Day Share Price 2025/08/18 00:00
Earnings2025/06/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

The AES Corporation is covered by 25 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Gary HovisArgus Research Company
Daniel FordBarclays
Nicholas CampanellaBarclays