The AES Corporation (AES)
Utilities · NYQ · US
Price as at 1 Oct 2026, 10:14 UTC. Quotes are delayed.
Fundamentals
Valuation and ratings
The AES Corporation trades at $14.90. We do not hold enough of the inputs to value this company with the confidence the estimate implies, so we publish no fair value for it rather than a number we would not defend.
Our moat model scores it 39 out of 100, which is little in the way of a moat. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.
It changes hands at 5.6 times earnings. Be careful reading that in isolation: for a cyclical business a low P/E arrives at the top of the cycle, when profits are peaking and about to fall, which is exactly when the shares look cheapest and are not.
AES dividend history
Dividends per share by year
| Year | Total per share | Payments |
|---|---|---|
| 2026 (year to date) | $0.528 | 3 |
| 2025 | $0.704 | 4 |
| 2024 | $0.692 | 4 |
| 2023 | $0.664 | 4 |
| 2022 | $0.632 | 4 |
| 2021 | $0.604 | 4 |
| 2020 | $0.572 | 4 |
| 2019 | $0.548 | 4 |
| 2018 | $0.520 | 4 |
| 2017 | $0.480 | 4 |
| 2016 | $0.440 | 4 |
Split-adjusted amounts in the listing currency, grouped by the calendar year of the ex-dividend date, from the filed record. Growth and streak figures compare complete years only.
AES earnings and analyst estimates
Recommendation mix, 9 published ratings
Estimates are the published analyst consensus and move often. An earnings date is scheduled, not certain, and a share tends to reprice most violently on the day itself.
About The AES Corporation
The AES Corporation, together with its subsidiaries, operates as a power generation and utility company. It operates through four segments: Renewables, Utilities, Energy Infrastructure, and New Energy Technologies. 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, as well as investments in technologies to support leading-edge greener energy solutions. It uses various fuels and technologies to generate electricity, such as solar, hydro, wind, coal, and gas, as well as renewables comprising energy storage and landfill gas. The company owns and/or operates a generation portfolio of approximately 34,740 megawatts and distributes power to 2.7 million customers. The company operates in the United States, Chile, Dominican Republic, El Salvador, Mexico, Bulgaria, Panama, Colombia, Argentina, Vietnam, Jordan, Puerto Rico, and internationally. The company was formerly known as Applied Energy Services, Inc. and changed its name to The AES Corporation in April 2000. The AES Corporation was incorporated in 1981 and is based in Arlington, Virginia.
Company profile, industry and headcount are as reported by our data provider and can lag a company's own filings by a reporting period. The annual report is the authority.
AES passes 3 of our 30 screens today
Each screen prints the exact criteria it used, and the circumstances in which it is wrong.
Super investor ownership
12 of the funds we track reported a position in their latest SEC 13F filing. Largest first:
- Israel Englander, MILLENNIUM MANAGEMENT LLC$312.32M · 0.1% of book
- Ken Griffin, CITADEL ADVISORS LLC$200.86M · 0.0% of book
- Cliff Asness, AQR CAPITAL MANAGEMENT LLC$121.41M · 0.0% of book
- Jeremy Grantham, Grantham, Mayo, Van Otterloo & Co. LLC$34.47M · 0.1% of book
- Marshall Wace, MARSHALL WACE, LLP$30.79M · 0.0% of book
A word of warning on reading these figures: a 13F reports the market value of a holding, so a fund that traded nothing at all still appears to have sold when the price fell. We found 102 companies where the standard reading gives the opposite answer. Only the share count is honest.
Politician trades in AES
Trades in AES disclosed by members of Congress and executive-branch officials, latest first:
- Bill Flores · HouseBuy · $1,001 - $15,000 · traded 8 May 2019 · disclosed 13 Jun 2019
- Bill Flores · HouseBuy · $1,001 - $15,000 · traded 25 Mar 2019 · disclosed 4 Apr 2019
A disclosure reports a value band, not an amount, and is due up to 45 days after the trade; some arrive later. Every filer we track, each with their own page, is on the Congress trading tracker.
AES peers
The largest companies in the same industry (Utilities - Diversified), then in the same sector.
- EONGY E.ON SE
- BIP-UN.TO Brookfield Infrastructure Partners L.P.
- EDPFY EDP, S.A.
- ACO-X.TO ATCO Ltd.
- ORSTED.CO Orsted
- NEE NextEra Energy, Inc.
- IBE.MC Iberdrola SA
- ENEL.MI Enel SpA
Every utilities company we cover is on the Utilities hub.
Common questions
Which funds own AES?
12 of the institutions we track reported a position in AES in their most recent SEC 13F filing. A 13F is filed up to 45 days after quarter end, so it tells you what a fund held then, not what it holds now.
What is AES's P/E ratio?
AES trades at 5.6 times earnings. A low P/E is not automatically cheap: on a cyclical company it is usually a warning that earnings are at a peak.
Does The AES Corporation (AES) pay a dividend?
Yes. The AES Corporation yields 4.74% at the current share price. It has paid $0.704 per share over the trailing twelve months. It has paid a dividend in each of the last 14 complete calendar years. A dividend is declared by the board and can be cut at any time; a yield is a fact about the current price, not a promise.
When does AES report earnings next?
The AES Corporation is scheduled to report on 4 Nov 2026. Companies move earnings dates, so read it as scheduled rather than certain.
Where does SteadyShares get its AES data?
Fundamentals for AES come from company filings and exchange data, as listed on NYQ; institutional ownership comes from SEC 13F filings. The share price shown was last refreshed on 1 Oct 2026, 10:14 UTC and is delayed. Our data quality score for this company is 96/100, which is the share of the inputs behind our scores that were actually available rather than assumed. Metrics we do not hold are left out of the page rather than estimated.
The full research page for AES, with financial statements, ownership detail, peer comparison and alerts, is free inside the app.
Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.