US · USD
AES
The AES Corporation
- Day's range
- $14.88 – $14.93
- Day's volume
- $105.7M
- 52-week range
- $12.97 – $16.87
Follow AES in the Fuolio
See how AES weighs in your net worth, what it has paid you and how far it is from your target allocation.
Create a free accountAES in numbers
- Market cap
- $10.6B
- P/E
- 5.69
- P/B
- 2.15
- Dividend yield (12m)
- 4.72%
The 12-month dividend yield of AES is 4.72%, above its 5-year average of 3.68%.
AES price history
AES risk and return
Monthly closes adjusted for splits and distributions.
| Metric | 12 months | 36 months | 60 months |
|---|---|---|---|
| Return | +10.04% | -0.66% | -22.35% |
| Volatility (annualized) | 27.27% | 39.42% | 39.20% |
| Largest drawdown | -18.46% | -51.98% | -62.23% |
| Positive months | 10/12 | 24/36 | 34/60 |
How much did investing in AES return?
$1,000.00 invested on 11/01/2021 would be worth $776.47 today.
- Value today in AES
- $776.47
- Return over the period
- -22.35%
- Return per year
- -5.00%
- In the S&P 500
- $1,712.05
With dividends reinvested, before taxes and costs, at month-end closes. Past returns do not guarantee future ones.
AES fundamentals
Valuation
- P/E5.69
- P/B2.15
- EV/EBITDA—
- EV/EBIT—
- EV/Revenue0.82
- P/EBIT—
- P/S0.82
- P/OCF2.11
- P/FCF-6.19
- Earnings yield—
- PEG ratio—
- Earnings per share$2.62
- Book value per share$6.93
Debt
- Net debt—
- Net debt/EBITDA—
- Net debt/Equity—
- Debt/Equity—
- Current ratio0.75
- Quick ratio0.67
- Cash ratio0.22
Efficiency
- Gross margin20.29%
- EBITDA margin—
- Operating margin—
- Net margin14.34%
- Asset turnover0.24
Profitability
- ROE37.88%
- ROA3.45%
- ROIC—
- Payout26.83%
Growth
- Revenue CAGR (5 years)4.57%
- Earnings CAGR (5 years)—
- Revenue growth (year)—
- Earnings growth (year)—
- Revenue growth (quarter)—
- Earnings growth (quarter)—
What is AES's fair price?
Two classic value formulas, with today's numbers. The current price is $14.93.
- Graham's fair price
- $20.22
- 35.50% above the price
√(22.50 × $2.62 × $6.93)
Benjamin Graham paid no more than a P/E of 15 and a P/B of 1.5. Their product, 22.5, times earnings (EPS) and book value per share gives the fair price.
- Bazin's ceiling price
- $10.99
- 26.39% below the price
$0.66 (5-year average) ÷ 6%
Décio Bazin only bought stocks yielding at least 6% a year in distributions. The ceiling price is the average dividend per share of recent years over 6%.
Graham ignores growth and debt; Bazin assumes past distributions repeat. They are references to compare, not a buy recommendation.
AES's indicators by year
Multiples at each year's closing price; margins and returns from that year's statements.
| Indicator | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|
| P/E | 11.23 | 5.46 | 54.91 | -35.23 | -39.65 | 339.97 | 43.61 | 7.96 |
| P/B | 2.51 | 2.51 | 5.50 | 7.89 | 5.80 | 5.94 | 4.41 | 2.99 |
| Dividend yield | 4.91% | 5.38% | 3.45% | 2.20% | 2.49% | 2.43% | 2.75% | 3.60% |
| Earnings per share | $1.28 | $2.36 | $0.35 | -$0.82 | -$0.61 | $0.07 | $0.46 | $1.82 |
| Book value per share | $5.70 | $5.12 | $3.50 | $3.64 | $4.19 | $3.96 | $4.51 | $4.84 |
| ROE | 22.40% | 46.08% | 10.01% | -22.40% | -14.62% | 1.75% | 10.11% | 37.50% |
| Gross margin | 18.07% | 18.85% | 19.77% | 20.19% | 24.33% | 27.88% | 23.05% | 23.97% |
| Net margin | 7.44% | 13.67% | 1.97% | -4.33% | -3.67% | 0.48% | 2.97% | 11.21% |
AES's financial statements
| Line | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Net revenue | $12.2B | $12.3B | $12.7B | $12.6B | $11.1B | $9.7B |
| Cost of revenue | -$10B | -$10B | -$10.2B | -$10.1B | -$8.4B | -$7B |
| Gross profit | $2.2B | $2.3B | $2.5B | $2.5B | $2.7B | $2.7B |
| EBITDA | — | — | — | — | — | — |
| EBIT | — | — | — | — | — | — |
| Financial result | — | — | — | — | — | — |
| Income before tax | $75M | $894M | $104M | $96M | $644M | -$192M |
| Income tax | $181M | -$59M | -$261M | -$265M | $133M | -$216M |
| Net income | $910M | $1.7B | $249M | -$546M | -$409M | $46M |
Figures the company filed with the CVM. Debt excludes leases; each quarter is that quarter alone.
Does AES pay dividends?
Dividend yield per year
- 4.43%2017
- 3.60%2018
- 2.75%2019
- 2.43%2020
- 2.49%2021
- 2.20%2022
- 3.45%2023
- 5.38%2024
- 4.91%2025
- 3.54%2026
| Type | Last day to own | Payment | Per share |
|---|---|---|---|
| Dividend | 07/30/2026 | 08/14/2026 | $0.18 |
| Dividend | 04/30/2026 | 05/15/2026 | $0.18 |
| Dividend | 01/29/2026 | 02/13/2026 | $0.18 |
| Dividend | 10/30/2025 | 11/14/2025 | $0.18 |
| Dividend | 07/31/2025 | 08/15/2025 | $0.18 |
| Dividend | 04/30/2025 | 05/15/2025 | $0.18 |
| Dividend | 01/30/2025 | 02/14/2025 | $0.18 |
| Dividend | 10/31/2024 | 11/15/2024 | $0.17 |
| Dividend | 07/31/2024 | 08/15/2024 | $0.17 |
| Dividend | 04/29/2024 | 05/15/2024 | $0.17 |
| Dividend | 01/30/2024 | 02/15/2024 | $0.17 |
| Dividend | 10/30/2023 | 11/15/2023 | $0.17 |
See all 40 distributions
| Type | Last day to own | Payment | Per share |
|---|---|---|---|
| Dividend | 07/28/2023 | 08/15/2023 | $0.17 |
| Dividend | 04/27/2023 | 05/15/2023 | $0.17 |
| Dividend | 01/30/2023 | 02/15/2023 | $0.17 |
| Dividend | 10/28/2022 | 11/15/2022 | $0.16 |
| Dividend | 07/28/2022 | 08/15/2022 | $0.16 |
| Dividend | 04/27/2022 | 05/13/2022 | $0.16 |
| Dividend | 01/28/2022 | 02/15/2022 | $0.16 |
| Dividend | 10/29/2021 | 11/15/2021 | $0.15 |
| Dividend | 07/29/2021 | 08/16/2021 | $0.15 |
| Dividend | 04/28/2021 | 05/14/2021 | $0.15 |
| Dividend | 01/27/2021 | 02/12/2021 | $0.15 |
| Dividend | 10/28/2020 | 11/16/2020 | $0.14 |
| Dividend | 07/30/2020 | 08/18/2020 | $0.14 |
| Dividend | 04/29/2020 | 05/15/2020 | $0.14 |
| Dividend | 01/29/2020 | 02/14/2020 | $0.14 |
| Dividend | 10/30/2019 | 11/15/2019 | $0.14 |
| Dividend | 07/30/2019 | 08/15/2019 | $0.14 |
| Dividend | 04/29/2019 | 05/15/2019 | $0.14 |
| Dividend | 01/30/2019 | 02/15/2019 | $0.14 |
| Dividend | 10/30/2018 | 11/15/2018 | $0.13 |
| Dividend | 08/01/2018 | 08/17/2018 | $0.13 |
| Dividend | 04/27/2018 | 05/15/2018 | $0.13 |
| Dividend | 01/30/2018 | 02/15/2018 | $0.13 |
| Dividend | 10/30/2017 | 11/15/2017 | $0.12 |
| Dividend | 07/31/2017 | 08/17/2017 | $0.12 |
| Dividend | 04/26/2017 | 05/15/2017 | $0.12 |
| Dividend | 01/27/2017 | 02/15/2017 | $0.12 |
| Dividend | 10/27/2016 | 11/15/2016 | $0.11 |
About The Aes
- Sector
- Transportation and utilities
Questions about AES
How much is AES today?
AES is at $14.93 (0.17% on the day), last traded on 10/06/2026.
How much did AES pay in dividends in 2025?
AES paid $0.70 per share in 2025, a dividend yield of 4.91%.
What are the P/E and P/B of AES?
AES trades at a P/E of 5.69 and a P/B of 2.15.
How much did AES return in 12 months?
AES returned 10.04% in 12 months, with annualized volatility of 27.27% and a largest drawdown of -18.46%.