The Tip Desk

AES CORP

Company Stats

Market Cap
$10.6B
as of Sep 30, 2026
Shares Outstanding
713.4M
Free Float
99.1%

Income Statement

Revenue
$12.2B
Net Income
$910.0M
Non-cash Impairment
$337.0M

Cash Flow

Free Cash Flow
-$1.6B
FCF Yield
-15.3%
Owner FCF Yield
-15.4%

Balance Sheet

Cash & Equivalents
$1.4B

Returns & Capital

Dividends Paid
$501.0M
Dividend Yield
4.7%

Cash Flow by Year

YearRevenueFCFMargin
FY2025$12.2B-$1.6B-13.3%
FY2024$12.3B-$4.6B-37.8%
FY2023$12.7B-$4.7B-37.0%

Annual filing data through FY ended December 31, 2025; shares and float as of October 23, 2026. Yields and enterprise value use the calculated market cap above, at its as-of date. Ratios are our calculations from reported figures.

Earnings

Other Coverage