AES Corp
Research AES Corp (AES) on Bullrun: valuation model: 69.8% undervalued, market cap USD 10.50B, P/E 5.5, dividend yield 4.8%. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerAES
- ExchangeNYSE
- CountryUnited States
- SectorUtilities
- IndustryUtilities-Diversified
- CurrencyUSD
- Valuation signal69.8% undervalued
- Market capUSD 10.50B
- P/E5.5
- Dividend yield4.8%
- Financial periodQ2 2026
- RevenueUSD 3.42B
- Net incomeUSD 426.00M
- Free cash flow-USD 597.00M
- Gross margin20.2%
Valuation Snapshot
Bullrun's latest valuation model marks AES Corp as 69.8% undervalued; latest market cap is USD 10.50B; P/E is 5.5; dividend yield is 4.8%.
Peer valuation comparison
Latest P/E is 5.5x versus a Utilities sector median of 17.14x (67.9% below).
Latest dividend yield is 4.8% versus a Utilities sector median of 3.61% (33.0% above).
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2025 | USD 12.23B | USD 910.00M | -USD 1.62B | 18.1% | 1.26 | USD 1.38B | USD 29.90B | USD 4.06B |
| FY2024 | USD 12.28B | USD 1.68B | -USD 4.64B | 18.8% | 2.36 | USD 1.52B | USD 29.02B | USD 3.64B |
| FY2023 | USD 12.67B | USD 249.00M | -USD 4.69B | 19.8% | 0.35 | USD 1.43B | USD 26.88B | USD 2.49B |
| FY2022 | USD 12.62B | -USD 546.00M | -USD 1.84B | 20.2% | -0.82 | USD 1.37B | USD 21.38B | USD 2.44B |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-08-25 | USD 10.50B | 5.5 | 4.8% | 0.71 |
| 2025 | 2025-12-31 | USD 10.21B | 10.9 | 5.0% | 0.72 |
| 2024 | 2024-12-31 | USD 9.15B | 5.1 | 5.3% | 0.68 |
| 2023 | 2023-12-29 | USD 12.89B | n/a | 3.5% | 0.68 |
| 2022 | 2022-12-30 | USD 19.21B | n/a | 2.2% | 0.64 |
| 2021 | 2021-12-31 | USD 16.20B | n/a | 2.5% | 0.6 |
Dividend history
Latest trailing dividend snapshot: annual dividend/share 0.71 USD, yield 4.8%.
| Year | Dividends/share |
|---|---|
| FY2025 | 0.7 USD |
| FY2024 | 0.69 USD |
| FY2023 | 0.67 USD |
| FY2022 | 0.64 USD |
About AES Corp
The AES Corporation, together with its subsidiaries, operates as a power generation and utility company. It operates through four segments: Renewables, Utilities, Energy Infrastructure, and New Energy Technologies. The company owns and/or operates power plants to generate and sell power to customers, such as utilities, industrial users, and other intermediaries;
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Frequently asked questions
Is AES Corp overvalued or undervalued?
Bullrun's valuation model currently marks AES Corp as 69.8% undervalued.
What is AES Corp's market cap?
AES Corp's market capitalization is USD 10.50B.
What is AES Corp's P/E ratio?
AES Corp's price-to-earnings (P/E) ratio is 5.5.
Does AES Corp pay a dividend?
AES Corp has a dividend yield of 4.8%.
What does AES Corp do?
The AES Corporation, together with its subsidiaries, operates as a power generation and utility company. It operates through four segments: Renewables, Utilities, Energy Infrastructure, and New Energy Technologies.