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

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Earnings data Q1 2024

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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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Strengthens Position as a Leader in Providing Renewable Energy to Corporate Customers ARLINGTON, Va. , June 7, 2023 /PRNewswire/ -- The AES Corporation (NYSE: AES) today announced the acquisition of the 2 GW Bellefield project, which is currently in late-stage development, and is the largest permitted solar-plus-storage project in the United States.

AES Acquires Largest Permitted Solar-Plus-Storage Project in the United States

AES begins the commercial operation of phase one of the Chevelon Butte wind farm.

AES' Chevelon Butte Wind Farm Commences Phase 1 Operation

AES Corporation's stock is a buy due to its solid dividend, portfolio optimization, and undervaluation based on DCF figures. The company is focusing on renewable energy sources and has a strong buy rating from analysts, with a forecasted upside potential of 46.39%. AES is well-positioned to achieve long-term compounding growth but faces risks such as regulatory changes and market volatility.

AES Corporation: Portfolio Optimization Creating Margin Expansion

Largest Wind Project in Arizona to Generate 238 MW of Clean Energy in Phase One ARLINGTON, Va. , June 1, 2023 /PRNewswire/ -- The AES Corporation (NYSE: AES) today announced the start of commercial operations for phase one of the Chevelon Butte wind farm.

AES Commences Operation of First Phase of Chevelon Butte Wind Farm

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March-April, 2022, UBS, Kiplinger, and Barron's analysts/reporters listed five-sets of stocks sorted=as: “Inflation-Busters.” Those five articles revealed 47 equities, with 42 paying dividends. This over one-year-old list continues to beat-back rampant inflation.

Of 11 Ideal Inflation-Busting May Dividend Dogs, Buy 3

ARLINGTON, Va. , May 15, 2023 /PRNewswire/ -- The AES Corporation (NYSE: AES) ("AES" or the "Company") announced today the pricing of $900 million aggregate principal amount of its 5.450% senior notes due 2028 (the "Notes").

AES Announces Pricing of $900 Million of Senior Notes in Public Offering

ARLINGTON, Va. , May 15, 2023 /PRNewswire/ -- The AES Corporation (NYSE: AES) ("AES" or the "Company") announced today its intention to offer, subject to market and other conditions, senior notes (the "Notes") in a registered public offering.

AES Announces Public Offering of Senior Notes

Diversified Business Mix Supports and Advances Portfolio Transformation Strategic Highlights Through 2027 Expect to triple renewables capacity by adding 25 to 30 GW of solar, wind and energy storage Investing to deliver 10% annual rate base growth at US utilities Strengthening position as a leader in new energy technologies, including green hydrogen Financial Highlights Through 2027 Initiating Adjusted EPS1 annualized growth target of 6% to 8% through 2027, from a base of 2023 guidance of $1.65 to $1.75 Reaffirming Adjusted EPS1 annualized growth target of 7% to 9% through 2025, from a base of 2020 Initiating 2023 Adjusted EBITDA2 guidance of $2,600 to $2,900 million Initiating Adjusted EBITDA2 annualized growth target of 3% to 5% overall, and 17% to 20% excluding the Energy Infrastructure SBU, through 2027 from a base of 2023 guidance Maintaining 4% to 6% annual dividend growth guidance, subject to Board approval ARLINGTON, Va. , May 8, 2023 /PRNewswire/ -- The AES Corporation (NYSE: AES) today outlined its long-term strategy for growth, including substantial growth in renewables and US utilities, and fully exiting coal by year-end 20253.

AES Outlines Long-Term Strategy for Growth in Renewables & US Utilities, While Executing on Intent to Exit Coal by Year-End 2025

The AES Corporation. (NYSE:AES ) Q1 2023 Earnings Conference Call May 5, 2023 10:00 AM ET Company Participants Susan Harcourt - Vice President, Investor Relations Andres Gluski - President and Chief Executive Officer Steve Coughlin - Chief Financial Officer Conference Call Participants David Arcaro - Morgan Stanley Agnieszka Storozynski - Seaport Global Richard Sunderland - JPMorgan Durgesh Chopra - Evercore ISI Julien Dumoulin-Smith - Bank of America Gregg Orrill - UBS Ryan Levine - Citi Operator Good morning.

The AES Corporation (AES) Q1 2023 Earnings Call Transcript

AES' Q1 revenues of $3,239 million increase 13.6% year over year. Revenues also beat the Zacks Consensus Estimate by 13.8%.

AES Q1 Revenues Surpass Estimates, Earnings Increase Y/Y

Detailed Business Review and Long-Term Outlook to be Presented at Investor Day on Monday, May 8, 2023 Strategic Accomplishments On track to complete 2023 construction projects of more than 3 GW of renewables AES Ohio signed a comprehensive settlement for its Electric Security Plan (ESP4), providing the regulatory foundation necessary to drive future growth Announced next decarbonization milestone with the agreement to terminate the PPA for the 205 MW Warrior Run coal plant in Maryland, for a total payments of $357 million Signed agreements to extend the operation of 1.4 GW of gas generation at the Southland legacy units in Southern California for three more years Q1 2023 Financial Highlights Diluted EPS of $0.21, compared to $0.16 in Q1 2022 Adjusted EPS1 of $0.22, compared to $0.21 in Q1 2022 Net Income of $189 million, compared to $171 million in Q1 2022 Added Adjusted EBITDA2 metric to disclosures Adjusted EBITDA2 of $628 million, compared to $621 million in Q1 2022 Financial Position and Outlook Reaffirming 2023 guidance for Adjusted EPS1 of $1.65 to $1.75 and 7% to 9% annualized growth target1 through 2025, off a base year of 2020 ARLINGTON, Va. , May 4, 2023 /PRNewswire/ -- The AES Corporation (NYSE: AES) today reported financial results for the quarter ended March 31, 2023.

AES Reports Positive Momentum in First Quarter; Reaffirms 2023 Guidance; Introduces New Strategic Business Units

The AES Corporation's (AES) Q1 performance will likely reflect warmer-than-normal weather impacts and a significant volume of new U.S. renewable projects coming online in recent quarters.

What Awaits The AES Corporation (AES) This Earnings Season?

AES (AES) doesn't possess 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) Earnings Expected to Grow: Should You Buy?

Capacity Supports Grid Reliability as State Moves Toward Decarbonization ARLINGTON, Va. , April 26, 2023 /PRNewswire/ -- The AES Corporation (NYSE: AES) today announced that it has signed agreements with the California Department of Water Resources (DWR) to extend operations of the once-through cooling (OTC) units at its Huntington Beach and Alamitos facilities through 2026.

AES Announces Extension Agreement for Southland Legacy Units in California

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Dividend Champion, Contender, And Challenger Highlights: Week Of April 23.

Dividend Champion, Contender, And Challenger Highlights: Week Of April 23

Agrees to PPA Buyout at 205 MW Warrior Run Plant in Maryland ARLINGTON, Va. , April 18, 2023 /PRNewswire/ -- The AES Corporation (NYSE: AES) today announced an agreement to terminate the Power Purchase Agreement (PPA) for its 205 MW Warrior Run coal-fired power plant in Maryland.

AES Announces Next Decarbonization Milestone

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March-April, 2022, UBS, Kiplinger, and Barrons analysts and reporters combined to list five sets of stocks sorted as: “Inflation Busters.” Those five articles revealed 48 equities, with 43 paying dividends.

Of 12 Ideal Inflation-Busting April Dividend Dogs - Buy 3

ARLINGTON, Va. , April 6, 2023 /PRNewswire/ -- The AES Corporation (NYSE: AES) will hold an Investor Day on Monday, May 8, 2023 at 9:00 a.m.

AES to Hold Investor Day on Monday, May 8, 2023 at 9:00 a.m. ET

ARLINGTON, Va. , April 5, 2023 /PRNewswire/ -- The AES Corporation (NYSE: AES) will host a conference call on Friday, May 5, 2023 at 10:00 a.m.

AES Announces First Quarter 2023 Financial Review Conference Call to be Held on Friday, May 5, 2023 at 10:00 a.m. ET

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The most oversold stocks in the utilities sector presents an opportunity to buy into undervalued companies.

Top 3 Utilities Stocks Which Could Rescue Your Portfolio This Month - Altus Power (NYSE:AMPS), AES (NYSE:AES)

The AES Corporation is one of the few utilities that operate in multiple countries, but it still enjoys the incredibly stable cash flows that we like to see from the sector. The company uses hedging to reduce its exposure to currency fluctuations, which we should be able to appreciate.

AES: A Few Things To Like If You Are Comfortable With The Risk

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Global power stock AES Corp (NYSE:AES) is on the rise today, up 1.6% to trade at $25.27 at last glance, and on track for its first positive day since Feb. 15.

Utility Stock Flashing Bear Signal

The AES Corporation (NYSE:AES ) Q4 2022 Earnings Conference Call February 27, 2023 10:00 AM ET Company Participants Susan Harcourt - Vice President, Investor Relations Andres Gluski - President and Chief Executive Officer Steve Coughlin - Chief Financial Officer Conference Call Participants Angie Storozynski - Seaport Durgesh Chopra - Evercore Cameron Lochridge - Bank of America Richard Sunderland - JPMorgan Steve Fleishman - Wolfe Research Gregg Orrill - UBS Ryan Levine - Citi Operator Good morning and a warm welcome to the AES Corporation Fourth Quarter and Full-Year 2022 Financial Results Call. My name is Candice, and I will be your moderator for today's call.

The AES Corporation (AES) Q4 2022 Earnings Call Transcript

AES' Q4 revenues of $3,060 million increase 10.5% year over year. Revenues also beat the Zacks Consensus Estimate by 6.2%.

AES Q4 Earnings Surpass Estimates, Revenues Increase Y/Y

News for AES Stock (AES)