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The AES Corporation (AES)

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Upturn Advisory Summary
12/08/2025: AES (1-star) is currently NOT-A-BUY. Pass it for now.
1 Year Target Price $15.29
1 Year Target Price $15.29
| 5 | Strong Buy |
| 3 | Buy |
| 5 | Hold |
| 0 | Sell |
| 2 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit -28.43% | Avg. Invested days 33 | Today’s Advisory PASS |
Upturn Star Rating ![]() | Upturn Advisory Performance | Stock Returns Performance |
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 9.91B USD | Price to earnings Ratio 9.16 | 1Y Target Price 15.29 |
Price to earnings Ratio 9.16 | 1Y Target Price 15.29 | ||
Volume (30-day avg) 15 | Beta 1 | 52 Weeks Range 9.16 - 15.32 | Updated Date 12/7/2025 |
52 Weeks Range 9.16 - 15.32 | Updated Date 12/7/2025 | ||
Dividends yield (FY) 5.05% | Basic EPS (TTM) 1.52 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 8.74% | Operating Margin (TTM) 20.5% |
Management Effectiveness
Return on Assets (TTM) 2.27% | Return on Equity (TTM) 5.11% |
Valuation
Trailing PE 9.16 | Forward PE 6.18 | Enterprise Value 39003723540 | Price to Sales(TTM) 0.82 |
Enterprise Value 39003723540 | Price to Sales(TTM) 0.82 | ||
Enterprise Value to Revenue 3.23 | Enterprise Value to EBITDA 11.86 | Shares Outstanding 712120944 | Shares Floating 706281552 |
Shares Outstanding 712120944 | Shares Floating 706281552 | ||
Percent Insiders 0.46 | Percent Institutions 90.55 |
Upturn AI SWOT
The AES Corporation

Company Overview
History and Background
The AES Corporation was founded in 1981 as Applied Energy Services. It evolved from a small independent power producer into a global energy company. Key milestones include its expansion into international markets in the 1990s, its involvement in various energy technologies, and its strategic shift towards renewables in recent years. The company has undergone several restructuring and divestiture efforts to streamline its operations and focus on growth areas.
Core Business Areas
- Renewable Energy: AES develops, constructs, and operates utility-scale solar, wind, and energy storage projects globally. This segment is a primary focus for future growth, driven by the increasing demand for clean energy solutions.
- Energy Storage: AES is a leading provider of utility-scale battery energy storage systems, crucial for grid reliability and integration of renewable sources. They offer solutions that manage intermittency and optimize grid performance.
- Utilities: AES operates regulated utilities in specific geographies, providing reliable electricity and gas distribution services to a broad customer base. These operations provide stable, regulated revenue streams.
- Energy Transition Solutions: This encompasses a broader range of services and technologies aimed at helping customers and markets decarbonize, including innovative power purchase agreements and advanced grid services.
Leadership and Structure
The AES Corporation is led by a Board of Directors and a senior executive team. The CEO is currently Christopher Crane. The company operates through various regional business units and functional departments, organized to manage its diverse portfolio of energy assets and services across different continents.
Top Products and Market Share
Key Offerings
- Utility-Scale Solar Farms: AES designs, builds, and operates large-scale solar power plants. Market share data for specific projects is proprietary, but AES is a significant player in the global renewable energy development market. Competitors include NextEra Energy Resources, Invenergy, and SunEdison (formerly).
- Battery Energy Storage Systems (BESS): AES provides integrated battery storage solutions that enhance grid stability and renewable energy integration. They are a leading provider in this rapidly growing market, competing with companies like Fluence Energy, Wu00e4rtsilu00e4, and LG Energy Solution.
- Wind Power Projects: AES develops and operates wind farms, contributing to the renewable energy mix. Competitors include u00d8rsted, Vestas (equipment supplier, but also developer), and EDP Renewables.
- Regulated Utility Services: Provides electricity and gas distribution in select regions. Market share here is defined by the regulated service territories, with limited direct competition within those areas.
Market Dynamics
Industry Overview
The energy industry is undergoing a significant transformation driven by the global imperative to decarbonize. This includes a rapid shift towards renewable energy sources, increased demand for energy storage solutions to manage intermittency, and the development of smarter, more resilient grids. Governments worldwide are implementing policies and incentives to accelerate this transition.
Positioning
AES is well-positioned as a global energy company with a strong focus on renewables and energy storage. Its diversified portfolio, global presence, and expertise in developing and operating complex energy infrastructure provide a competitive advantage. The company's strategic shift towards cleaner energy sources aligns with market trends and government policies.
Total Addressable Market (TAM)
The global energy transition market, encompassing renewable energy generation, energy storage, and grid modernization, represents a multi-trillion dollar opportunity. AES is positioned to capture a significant portion of this market by focusing on its core strengths in developing, owning, and operating clean energy assets and storage solutions.
Upturn SWOT Analysis
Strengths
- Global presence and diverse asset portfolio
- Strong expertise in renewable energy development and operations
- Leadership position in energy storage solutions
- Long-term power purchase agreements providing revenue stability
- Experienced management team with deep industry knowledge
Weaknesses
- Exposure to regulatory changes and political risks in various jurisdictions
- Reliance on project financing for new developments
- Potential for commodity price volatility impacting some operations
- Complexity of managing a geographically dispersed and diverse business
Opportunities
- Increasing global demand for renewable energy and decarbonization solutions
- Growth in the energy storage market driven by grid modernization needs
- Expansion into emerging markets with growing energy demands
- Partnerships and strategic alliances for technology development and market access
- Leveraging digital technologies for improved operational efficiency and grid management
Threats
- Intensifying competition from established and new energy players
- Changes in government policies and subsidies for renewable energy
- Technological disruptions that could render existing assets obsolete
- Cybersecurity threats to energy infrastructure
- Supply chain disruptions impacting project development and maintenance
Competitors and Market Share
Key Competitors
- NextEra Energy, Inc. (NEE)
- Dominion Energy, Inc. (D)
- Duke Energy Corporation (DUK)
- Southern Company (SO)
Competitive Landscape
AES competes in a dynamic and capital-intensive energy market. Its advantages lie in its diversified renewable and storage portfolio, global reach, and proven project execution capabilities. However, it faces intense competition from larger, established utilities and specialized renewable energy developers. Navigating evolving regulatory environments and securing favorable financing are also critical competitive factors.
Growth Trajectory and Initiatives
Historical Growth: AES has experienced significant growth, particularly in its renewable energy portfolio over the past decade. This has been driven by strategic acquisitions, organic development, and a focus on cleaner energy solutions. The company has also undergone strategic portfolio adjustments to concentrate on core growth areas.
Future Projections: Analyst projections for AES typically point to continued growth in its renewable energy and energy storage segments. The company has set ambitious renewable energy and storage deployment targets, supported by global decarbonization trends and supportive policies. Projections often indicate increasing revenues and potentially improving profitability as these projects come online and mature.
Recent Initiatives: Recent initiatives by AES include accelerating its renewable energy and energy storage development pipeline, divesting non-core assets, and investing in innovative technologies to support the energy transition. The company has also focused on enhancing its customer solutions and expanding its presence in key growth markets.
Summary
The AES Corporation is a global energy company strongly positioned for growth in the renewable energy and energy storage sectors. Its diversified portfolio, global footprint, and commitment to decarbonization are significant strengths. However, the company must navigate regulatory uncertainties, intense competition, and the capital-intensive nature of its industry. Continued strategic execution and adaptation to evolving energy markets will be crucial for its sustained success.
Similar Stocks
Sources and Disclaimers
Data Sources:
- The AES Corporation Investor Relations
- SEC Filings (10-K, 10-Q)
- Financial News Outlets (e.g., Bloomberg, Reuters)
- Industry Analysis Reports
- Company Presentations
Disclaimers:
This JSON output is for informational purposes only and does not constitute financial advice. Market share data is illustrative and based on general industry positioning; actual figures may vary. Financial performance details are generalized, and users should consult official company filings for precise data. Past performance is not indicative of future results.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About The AES Corporation
Exchange NYSE | Headquaters Arlington, VA, United States | ||
IPO Launch date 1991-06-25 | President, CEO & Director Mr. Andres Ricardo Gluski Weilert Ph.D. | ||
Sector Utilities | Industry Utilities - Diversified | Full time employees 9100 | Website https://www.aes.com |
Full time employees 9100 | Website https://www.aes.com | ||
The AES Corporation, together with its subsidiaries, operates as a power generation and utility company in the United States and internationally. The company owns and/or operates power plants to generate and sell power to customers, such as utilities, industrial users, and other intermediaries; owns and/or operates utilities to generate or purchase, distribute, transmit, and sell electricity to end-user customers in the residential, commercial, industrial, and governmental sectors; and generates and sells electricity on the wholesale market. It uses various fuels and technologies to generate electricity, such as coal, gas, hydro, wind, solar, and biomass, as well as renewables comprising energy storage and landfill gas. The company owns and/or operates a generation portfolio of approximately 32,109 megawatts and distributes power to 2.7 million customers. The company was formerly known as Applied Energy Services, Inc. and changed its name to The AES Corporation in April 2000. The AES Corporation was incorporated in 1981 and is headquartered in Arlington, Virginia.

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