Aes revenue and financials
$14.92Change from previous close: +0.13%Absolute change: +$0.02
In the fiscal year ended December 2025, Aes reported revenue of $12.23B (−0.37% year over year). Net income was $910M, a net margin of 7.4%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- −0.37%
- 2025 vs 2024
- Net income growth
- −45.80%
- 2025 vs 2024
- Net margin
- 7.4%
- 2024: 13.7%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | 2025 | 2024 | FY to Sep 2024 | FY to Jun 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 51,768 | 47,406 | 50,265 | 47,915 | 44,799 | 38,363 | 32,963 | 34,603 | 33,648 | 32,521 |
| Current assets | 6,502 | 6,831 | 10,712 | 9,732 | 6,649 | 7,643 | 5,356 | 5,414 | 5,231 | 5,015 |
| Cash and equivalents | 1,382 | 1,524 | — | — | 1,426 | 1,374 | 943 | 1,089 | 1,029 | 1,166 |
| Short-term investments | 174 | 79.0 | — | — | 395 | 730 | 232 | — | — | — |
| Receivables | 1,683 | 1,646 | — | — | 1,420 | 1,799 | — | — | — | — |
| Inventory | 612 | 593 | — | — | 712 | 1,055 | — | — | — | — |
| Net property, plant and equipment | 38,187 | 33,538 | — | — | 30,338 | 23,395 | 20,184 | — | — | — |
| Goodwill | 342 | 345 | — | — | 348 | 362 | 1,177 | 1,061 | 1,059 | 1,059 |
| Other intangible assets | 2,040 | 1,947 | — | — | 2,243 | 1,841 | — | — | — | — |
| Long-term investments | 1,004 | 1,124 | — | — | 941 | 952 | — | — | — | — |
| Current liabilities | 8,492 | 8,571 | — | — | 9,731 | 6,491 | 4,732 | 5,362 | 5,096 | 4,399 |
| Accounts payable | 2,596 | 2,571 | — | — | 3,173 | 2,392 | — | — | — | — |
| Long-term debt | 26,786 | 25,431 | — | — | 22,746 | 21,740 | — | — | — | — |
| Total debt | 29,897 | 29,018 | — | — | 26,878 | 23,498 | — | — | — | — |
| Total liabilities | 39,839 | 38,764 | — | — | 37,350 | 32,538 | 27,139 | — | — | — |
| Total equity (incl. minority) | 11,929 | 8,642 | — | — | 7,449 | 5,825 | 5,824 | — | — | — |
| Retained earnings | 641 | 293 | — | — | -1,386 | -1,635 | -1,089 | — | — | — |
| Minority interest | 7,866 | 4,998 | — | — | 4,961 | 3,388 | 3,026 | — | — | — |