To the full analysis
AES stock: growth
AESAES reported $12.23B in revenue for fiscal 2025, down 0.4% on the prior year, up 4.8% a year on average over up to five years.
Daily figure as of 13 Nov 2026
Revenue (Annual rate)
0.3%
per year from 2006 to 2025, per share −0.1%
Earnings (Annual rate)
6.6%
per year from 2006 to 2025, per share 6.7%
Free cash flow (Annual rate)
no data
Growth per year by period
What reaches shareholders is growth per share: buybacks lift it, new shares dilute it.
| since 2020 | since 2015 | since 2006 | |
|---|---|---|---|
| Revenue | 4.8% | −1.4% | 0.3% |
| Revenue per share | 3.2% | −1.9% | −0.1% |
| Earnings | 85.7% | 12.0% | 6.6% |
| Earnings per share | 78.3% | 10.8% | 6.7% |
| Free cash flow | no data | no data | no data |
| Free cash flow per share | no data | no data | no data |
Fiscal years at a glance
How revenue and earnings grow
- Revenue
- Earnings
- Free cash flow
Figures as a table
| Year | Revenue | Earnings | Free cash flow |
|---|---|---|---|
| 2006 | $11.58B | $283M | $951M |
| 2007 | $13.59B | $566M | −$68M |
| 2008 | $16.07B | $1.23B | −$675M |
| 2009 | $13.93B | $808M | −$307M |
| 2010 | $16.57B | −$55M | $1.2B |
| 2011 | $17.34B | −$28M | $454M |
| 2012 | $18.13B | −$928M | $665M |
| 2013 | $15.88B | $266M | $727M |
| 2014 | $17.11B | $825M | −$225M |
| 2015 | $14.11B | $306M | −$174M |
| 2016 | $10.17B | −$11M | $539M |
| 2017 | $10.51B | −$550M | $312M |
| 2018 | $10.74B | $1B | $222M |
| 2019 | $10.19B | $302M | $61M |
| 2020 | $9.66B | $43M | $855M |
| 2021 | $11.14B | −$413M | −$214M |
| 2022 | $12.62B | −$546M | −$1.84B |
| 2023 | $12.68B | $242M | −$4.69B |
| 2024 | $12.28B | $1.69B | −$4.64B |
| 2025 | $12.23B | $949M | −$1.62B |
Revenue by region
Where The AES Corporation generates its revenue.
- United States38%
- Chile12%
- Dominican Republic12%
- El Salvador8%
- Colombia6%
- Panama5%
- Other18%
“Other” combines smaller regions with revenue the company does not assign to a region.
Figures as a table
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Share 2024 | |
|---|---|---|---|---|---|---|---|---|
| United States | $3.46B | $3.23B | $3.24B | $3.53B | $4.09B | $4.44B | $4.69B | 38.2% |
| Chile | $2.09B | $1.84B | $2.09B | $2.3B | $2.06B | $1.93B | $1.53B | 12.5% |
| Dominican Republic | $884M | $877M | $896M | $1.09B | $1.59B | $1.4B | $1.45B | 11.8% |
| El Salvador | $768M | $824M | $666M | $792M | $902M | $935M | $1.04B | 8.4% |
| Colombia | $428M | $472M | $358M | $383M | $417M | $706M | $686M | 5.6% |
| Panama | $438M | $601M | $519M | $595M | $678M | $644M | $666M | 5.4% |
| Other | $2.68B | $2.35B | $1.89B | $2.46B | $2.87B | $2.62B | $2.22B | 18% |
| Total revenue | $10.74B | $10.19B | $9.66B | $11.14B | $12.62B | $12.68B | $12.28B | 100% |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Neutral, published since 7 Nov 2026 (in the score history since 3 Nov 2026)
- Valuation signal Fairly valued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.