Company Analysis

AES Corporation (AES)

NYSE: AES · Cogeneration Services & Small Power Producers · Arlington, VA · filing with the SEC since 1996
Grade4.8
◀ Past 2.5● Present 6.0▶ Future 5.0

Income statement, as filed

In US dollars (USD), as filed; per-share figures in US dollars; share counts in millions. The fiscal year ends in December.
Income statement, by fiscal year, newest first
Fiscal yearFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Period endingDec 31, 2025Dec 31, 2024Dec 31, 2023Dec 31, 2022Dec 31, 2021Dec 31, 2020Dec 31, 2019Dec 31, 2018Dec 31, 2017Dec 31, 2016
Report filedMar 2, 2026Mar 11, 2025Feb 26, 2024Mar 1, 2023Feb 28, 2022Feb 25, 2021Feb 28, 2020Feb 27, 2019Feb 27, 2018Feb 27, 2017
Revenue12,233,000,00012,278,000,00012,668,000,00012,617,000,00011,141,000,0009,660,000,00010,189,000,00010,736,000,00010,530,000,00010,281,000,000r
Cost of revenue10,022,000,0009,964,000,00010,164,000,00010,069,000,0008,430,000,0006,967,000,0007,840,000,0008,163,000,0008,065,000,0007,898,000,000
Gross profit2,211,000,0002,314,000,0002,504,000,0002,548,000,0002,711,000,0002,693,000,0002,349,000,0002,573,000,0002,465,000,000r2,383,000,000r
General and administrative241,000,000288,000,000255,000,000207,000,000166,000,000165,000,000196,000,000192,000,000215,000,000194,000,000
Interest expense1,407,000,0001,485,000,0001,319,000,0001,117,000,000911,000,0001,038,000,0001,050,000,0001,056,000,0001,170,000,0001,134,000,000r
Interest and investment income287,000,000381,000,000551,000,000389,000,000298,000,000268,000,000318,000,000310,000,000244,000,000245,000,000r
Share of profit of equity-method investments-55,000,000-26,000,000-32,000,000-71,000,000-24,000,000-123,000,000-172,000,00039,000,00071,000,00036,000,000
Income before income taxes75,000,000894,000,000104,000,000-169,000,000-1,064,000,000488,000,0001,001,000,0002,018,000,000771,000,000187,000,000r
Income tax expense-181,000,00059,000,000261,000,000265,000,000-133,000,000216,000,000352,000,000708,000,000990,000,00032,000,000r
Income from continuing operations949,000,0001,686,000,000242,000,000-546,000,000-413,000,00043,000,000302,000,000985,000,000-507,000,000-20,000,000r
Income from discontinued operations·-7,000,0007,000,00004,000,0003,000,0001,000,000218,000,000-654,000,000-1,110,000,000r
Net income including non-controlling interests162,000,000802,000,000-182,000,000-505,000,000-951,000,000152,000,000478,000,0001,565,000,000-777,000,000-777,000,000
Net income to non-controlling interests-748,000,000-877,000,000-431,000,000r41,000,000r542,000,000542,000,000-106,000,000·398,000,000364,000,000r
Net income910,000,0001,679,000,000249,000,000-546,000,000-409,000,00046,000,000303,000,0001,203,000,000-1,161,000,000-1,130,000,000
Net income to common shareholders900,000,0001,679,000,000249,000,000·······
Earnings per share, basic1.262.380.37-0.82-0.610.070.461.82-1.76-1.72
Earnings per share, diluted1.262.360.35-0.82-0.610.070.451.81-1.76-1.72r
Weighted average shares, basic712706669668666665664662660660
Weighted average shares, diluted714713712668666668667665660660r
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it soldus-gaap:Revenues
Cost of revenue what it cost to make or buy what it soldus-gaap:CostOfGoodsAndServicesSold
Gross profit revenue less the cost of what it soldus-gaap:GrossProfit
General and administrative the cost of running the company itselfus-gaap:GeneralAndAdministrativeExpense
Interest expense what its borrowing costus-gaap:InterestExpense
Interest and investment income what its cash and investments earnedus-gaap:InvestmentIncomeInterest
Share of profit of equity-method investments its share of companies it partly ownsus-gaap:IncomeLossFromEquityMethodInvestments
Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit
Income from continuing operations profit from the businesses it keepsus-gaap:IncomeLossFromContinuingOperations
Income from discontinued operations profit or loss from businesses it sold or closedus-gaap:IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
Net income including non-controlling interests the whole group's profit, minority holders' share includedus-gaap:ProfitLoss
Net income to non-controlling interests the share that belongs to minority holdersus-gaap:NetIncomeLossAttributableToNoncontrollingInterest
Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss
Net income to common shareholders what is left for common shareholdersus-gaap:NetIncomeLossAvailableToCommonStockholdersBasic
Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic
Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted
Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic
Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding
SI Assistanton AES · research, not advice