Revenue segments as reported by the company.

Regulated

Non-Regulated

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

General and administrative expenses

Interest expense

Interest income

Loss on extinguishment of debt

Other expense

Other income

Gain (loss) on disposal and sale of business interests

Asset impairment expense

Foreign currency transaction losses

Other non-operating expense

Goodwill impairment expense

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

The AES Corp. engages in the provision of power generation and utility services through its renewable and thermal generation facilities and distribution businesses. It operates through the following segments: U.S. and Utilities Strategic Business Unit (SBU), South America SBU, MCAC SBU, Eurasia SBU. The U.S. and Utilities SBU segment consists of facilities in the United States, Puerto Rico and El Salvador. The South America SBU segment covers Chile, Colombia, Argentina, and Brazil. The MCAC SBU segment refers to Mexico, Central America, and the Caribbean. The Eurasia SBU segment handles operations in Europe and Asia. The company was founded by Dennis W. Bakke and Roger W. Sant in 1981 and is headquartered in Arlington, VA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

AES reports record 2022 earnings, eyes renewables growth opportunities

AES had a stellar 2022, exceeding EPS guidance and expanding renewables portfolio.
While facing challenges like lower growth rates and LNG impacts, AES eyes growth opportunities.
The company's strategic focus on green energy and regulatory foundations bodes well for future.
Investor Day, renewables growth, and coal divestment are key areas for AES.

AES meets Q1 expectations, focuses on renewables for growth

AES's Q1 2023 performance met expectations, with a focus on renewables and operational efficiency driving growth through 2025.
The company's clear capital allocation plan, strategic focus on SBUs, and commitment to transparency enhance investor confidence.
While facing challenges like weather impacts and operational complexities, AES is well-positioned to capitalize on growth opportunities and navigate market dynamics.
With a strong asset base, strategic initiatives, and upcoming Investor Day, AES is poised for sustainable growth and value creation in the energy sector.

AES reports solid Q2 earnings, focuses on renewables expansion

AES Corporation's Q2 2023 earnings call highlighted strong financial performance, strategic priorities, and a focus on renewables expansion. Despite challenges in asset monetization and management changes, the company remains committed to growth and value creation. Opportunities in renewable energy projects and utility rate base growth position AES for future success.

AES reports strong Q3 earnings, accelerates asset sales strategy

AES delivered a robust performance in Q3 2023, driven by strong financial results, new PPAs, and an accelerated asset sales plan, positioning the company for sustainable growth.
While facing challenges related to interest rate exposure and asset transitions, AES is leveraging strengths in green technologies, compliance, and long-term financial targets to seize opportunities in renewables and partnerships.
With a focus on operational efficiency, strategic asset management, and market trends, AES is navigating industry dynamics to create value for shareholders and capitalize on emerging opportunities.
The company's proactive stance on financial stability, innovation, and growth underscores a resilient strategy aimed at long-term success and value creation in the evolving energy landscape.

AES reports record-breaking 2023 performance, eyes renewable energy growth

AES delivered exceptional performance in 2023, setting the stage for continued growth and success. The company's focus on renewables, data centers, and utility investments aligns with market trends and positions AES for long-term value creation. Despite challenges and uncertainties, AES's strategic initiatives and financial strength bode well for future prospects.

AES reports robust Q1 performance, eyes growth in renewables and technology

AES delivered a strong performance in Q1 2024, securing key contracts and reaffirming guidance. The company's focus on technology companies, data centers, and renewables positions it well for future growth. While challenges exist around regulatory uncertainties and transmission constraints, AES is actively pursuing opportunities in diverse sectors.

AES reports robust Q2 earnings, drives innovation in clean energy

AES's Q2 2024 performance reflects strong financial results and strategic growth in renewable energy agreements.
The company's emphasis on innovation, AI integration, and clean energy solutions underscores its commitment to sustainable practices.
While facing challenges in asset investment and project execution, AES is poised to leverage opportunities in renewable energy expansion and long-term contract backlog.

AES reports strong Q3 earnings, eyes renewables and data center growth

AES Corporation delivered solid Q3 results, meeting financial objectives and showcasing growth in renewables and U.S. utilities. Despite challenges in Colombia and other areas, the company remains focused on its decarbonization strategy and seizing opportunities in renewable energy demand. Analyst inquiries covered a range of topics, reflecting both investor interest and potential areas for improvement.

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Cost of revenue

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Operating expenses

SG&A

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EBITDA

Net income

Earnings per share

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Cash & equivalents

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Net PPE

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Income tax payable

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Total equity

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Minority interest

Total liabilities & equity

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Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

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Why the Worst-Performing S&P 500 Dividend Stocks Could Explode Higher in 2025

I am cautious about investing in The AES Corporation despite its compelling 4.7% dividend yield and low P/E ratio, due to its high leverage and aggressive capital expenditures. AES's revenues are largely unregulated and international, posing currency risks and making them more volatile compared to U.S.-focused utilities like WEC, DUK, and SO. The company's significant investments in alternative energy are promising but risky, also given its history of asset impairments and sub-par return on invested capital.

AES Stock: Delving Deeper Than Just Dividend Temptations

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Start Time: 09:00 January 1, 0000 10:06 AM ET AES Corporation (NYSE:AES ) Q3 2024 Earnings Call November 01, 2024, 09:00 AM ET Company Participants Andres Gluski - President and CEO Steve Coughlin - EVP and CFO Susan Harcourt - VP, IR Conference Call Participants Nicholas Campanella - Barclays David Arcaro - Morgan Stanley Durgesh Chopra - Evercore ISI Julien Dumoulin-Smith - Jefferies Angie Storozynski - Seaport Michael Sullivan - Wolfe Research Ryan Levine - Citi Richard Sunderland - JPMorgan Operator Good morning. Thank you for attending today's AES Corporation Third Quarter 2024 Financial Review Call.

AES Corporation (AES) Third Quarter 2024 Earnings Conference Call Transcript

AES' third-quarter earnings beat the Zacks Consensus Estimate by 18.3%. However, its revenues miss the consensus estimate by 9.3%.

AES Q3 Earnings Beat Estimates, Revenues Decline Y/Y

AES (AES) came out with quarterly earnings of $0.71 per share, beating the Zacks Consensus Estimate of $0.60 per share. This compares to earnings of $0.60 per share a year ago.

AES (AES) Q3 Earnings Top Estimates

Reaffirms 2024 Guidance and Long-Term Growth Rates Strategic Accomplishments Signed or awarded 2.2 GW of new contracts, including long-term renewables PPAs and data center load growth at US utilities 1.3 GW of renewables under long-term PPAs 900 MW of new data center load growth at AES Ohio Completed the construction of 1.2 GW; on track to add a total of 3.6 GW of new projects to operations in full year 2024 Announced or closed nearly three-quarters of $3.5 billion asset sale proceeds target through 2027 In September, announced a strategic partnership with CDPQ to support AES Ohio's robust growth plans; agreed to sell a 30% indirect interest for approximately $546 million On October 31, 2024, closed the sale of 47.3% equity interest in AES Brasil for approximately $630 million, including sale and hedge proceeds Q3 2024 Financial Highlights GAAP Financial Metrics Diluted EPS of $0.72, compared to $0.32 in Q3 2023 Net Income of $210 million, compared to $291 million in Q3 2023 Net Income Attributable to The AES Corporation of $502 million, compared to $231 million in Q3 2023 Non-GAAP Adjusted Financial Metrics Adjusted EPS1 of $0.71, compared to $0.60 in Q3 2023 Adjusted EBITDA with Tax Attributes2,3 of $1,168 million, compared to $1,008 million in Q3 2023 Adjusted EBITDA3 of $692 million, compared to $990 million in Q3 2023 Financial Position and Outlook Reaffirming expectation of achieving upper half of 2024 Adjusted EPS1 guidance range of $1.87 to $1.97 Reaffirming annualized Adjusted EPS1 growth target of 7% to 9% through 2025, off a base of 2020 and 7% to 9% through 2027, off a base of 2023 guidance Reaffirming 2024 guidance for Adjusted EBITDA2 of $2,600 to $2,900 million; now expecting to be towards the low end of the range due to extreme weather in Colombia and lower margins in the Energy Infrastructure SBU Reaffirming annualized growth target2 of 5% to 7% through 2027, off a base of 2023 guidance Reaffirming expectation of achieving upper half of 2024 Adjusted EBITDA with Tax Attributes2,3 range of $3,550 to $3,950 million ARLINGTON, Va. , Oct. 31, 2024 /PRNewswire/ -- The AES Corporation (NYSE: AES) today reported financial results for the quarter ended September 30, 2024.

AES Reports Third Quarter Financial Results; Completes 1.2 GW of Construction and Adds 2.2 GW of Renewables PPAs and Data Center Load Growth at US Utilities

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AES (AES) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

AES (AES) Expected to Beat Earnings Estimates: What to Know Ahead of Q3 Release

AES (AES) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Will AES (AES) Beat Estimates Again in Its Next Earnings Report?

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does AES (AES) have what it takes?

Why AES (AES) is a Top Dividend Stock for Your Portfolio

ARLINGTON, Va. , Oct. 11, 2024 /PRNewswire/ -- The Board of Directors of The AES Corporation (NYSE: AES) declared a quarterly common stock dividend of $0.1725 per share payable on November 15, 2024 to shareholders of record at the close of business on November 1, 2024.

AES Announces Quarterly Dividend

AES stands as a leader in clean energy. It is the world's top provider of battery-based energy storage.

Clean Energy Giant AES Moves Higher On AI-Fueled Data-Center Demand

ARLINGTON, Va. , Oct. 1, 2024 /PRNewswire/ -- The AES Corporation (NYSE: AES) will host a conference call on Friday, November 1, 2024 at 9:00 a.m.

AES Announces Third Quarter 2024 Financial Review Conference Call to be Held on Friday, November 1, 2024 at 9:00 a.m. ET

AES (AES) is a Top Dividend Stock Right Now: Should You Buy?

The Utilities sector has surged in 2024, driven by impending interest rate cuts and late-cycle business dynamics. The AES Corporation may be as much as 15–20% undervalued while also offering a 3.59% dividend yield. Its valuation metrics compare favorably to those of larger peers like NextEra Energy and Vistra. AES's aggressive shift to renewables and diverse revenue streams peers position it well for long-term growth, and this is supported by a growing project backlog.

AES: Undervalued With Underappreciated Growth Prospects

Both AES and OGE work efficiently and continue to provide reliable services to their customers.

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AES Announces Strategic Partnership with CDPQ to Support AES Ohio's Robust Growth Plans

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Three large-cap stocks ??? AES, PFE and UNM?

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Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Is AES (AES) Stock Undervalued Right Now?

AES (AES) Could Be a Great Choice

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Amid rising demand for electricity and an increase in the unit price of electricity, utilities like XEL, DTE, EVRG and AES are set to benefit from a strong customer base.

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News for AES Stock (AES)