FY2025 · ended Dec 31, 2025 · Revenue $12.23B, -0.4% YoY · Filed Mar 2, 2026
The Aes Corporation (AES) files with the SEC under industry code 4991, Cogeneration Services & Small Power Producers. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $12.2 billion and net income of $910.0 million. Free cash flow was -$1.6 billion.
Revenue (TTM)
$13.57B
+12.2% vs year-ago TTM
Net income (TTM)
$1.79B
+69.0% vs year-ago TTM
Operating cash flow (TTM)
$4.93B
+26.3% vs year-ago TTM
Free cash flow (TTM)
$-1.52B
+31.6% vs year-ago TTM
EPS (TTM)
$2.49
+68.4% vs year-ago TTM
Dividend per share
$0.70
+1.5% vs prior year
Shares outstanding
712.56M
+0.1% vs prior year
Net cash
$391.00M
FY 2025
Operating margin
—
Company profile
- Industry
- Cogeneration Services & Small Power Producers (SIC 4991)
- Listed as
- AES (NYSE)
- Fiscal year ends
- December 31
- Incorporated in
- DE
- Headquarters
- Arlington, VA
- SEC filer status
- Large accelerated filer
- SEC CIK
- 874761
- Former names
- AES CORPORATION (until Jan 11, 2005)
Other Cogeneration Services & Small Power Producers companies
- Aggreko Inc. AGKO
- Mass Megawatts Wind Power Inc MMMW
All 3 Cogeneration Services & Small Power Producers companies
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
FY 2022 Dec 31, 2022 |
FY 2021 Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $12.2B | $12.3B | $12.7B | $12.6B | $11.1B |
| Net income | $910.0M | $1.7B | $249.0M | -$546.0M | -$409.0M |
| Diluted EPS | $1.26 | $2.36 | $0.35 | -$0.82 | -$0.61 |
| Operating cash flow | $4.3B | $2.8B | $3.0B | $2.7B | $1.9B |
| Free cash flow | -$1.6B | -$4.6B | -$4.7B | -$1.8B | -$214.0M |
| Total assets | $51.8B | $47.4B | $44.8B | $38.4B | $33.0B |
| Stockholders' equity | $4.1B | $3.6B | $2.5B | $2.4B | $2.8B |
| Cash and investments | $1.6B | $1.6B | $1.8B | $2.1B | $1.2B |
| Total debt | $1.2B | $989.0M | $694.0M | $575.0M | $448.0M |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 10-Q | Quarterly report | Nov 3, 2026 | Sep 30, 2026 |
| 8-K |
Current report
Other events
|
Oct 28, 2026 | Oct 28, 2026 |
| 8-K |
Current report
Other events
|
Oct 19, 2026 | Oct 15, 2026 |
| 8-K |
Current report
Other events
|
Sep 17, 2026 | Sep 17, 2026 |
| 8-K |
Current report
Officer or director change
|
Sep 16, 2026 | Sep 14, 2026 |
| 8-K |
Current report
Other events
|
Aug 27, 2026 | Aug 27, 2026 |
All 1000 The Aes Corporation SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.