The AES Corporation

NYSE-AES

OverviewFinancialsInvestor RelationsResearchEstimatesNewsOwnershipIndustryDividendsModelingFilings

Income Statement	LTM	Dec '24	Dec '23	Dec '22	Dec '21	Dec '20	Dec '19	Dec '18	Dec '17	Dec '16	Dec '15
Total Revenues	12,094	12,278	12,668	12,617	11,141	9,660	10,189	10,736	10,530	10,281	11,260
Total Revenues %Chg	-1.5%	-3.1%	0.4%	13.2%	15.3%	-5.2%	-5.1%	2%	2.4%	-8.7%	-30.2%
Non-Regulated
Regulated
Cost of Sales	10,045	9,964	10,164	10,069	8,430	6,967	7,840	8,163	8,065	7,898	8,597
Non-Regulated
Regulated
Gross Profit	2,049	2,314	2,504	2,548	2,711	2,693	2,349	2,573	2,465	2,383	2,663
Operating Margin
Gross Profit Margin	16.9%	18.8%	19.8%	20.2%	24.3%	27.9%	23.1%	24%	23.4%	23.2%	23.7%
Selling, General & Administrative Expenses	262	288	255	207	166	165	196	192	215	194	196
General and Administrative Expenses
Other Operating Expenses	—	374	1,079	1,540	1,575	864	185	208	537	1,096	602
Goodwill Impairment Expense
Asset Impairment Expense
Operating Profit	1,787	1,652	1,170	801	970	1,664	1,968	2,173	1,713	1,093	1,865
Operating Margin	14.8%	13.5%	9.2%	6.3%	8.7%	17.2%	19.3%	20.2%	16.3%	10.6%	16.6%
Interest and Investment Income	224	355	519	318	274	145	146	349	13	281	361
Interest Income
Net Equity in Earnings of Affiliates
Interest Expense	-1,402	-1,485	-1,319	-1,117	-911	-1,038	-1,050	-1,056	-1,170	-1,134	-1,145
Interest Expense
Non-Operating Income	55	346	-298	-242	-1,421	-406	-235	591	286	-17	13
Loss on Extinguishment of Debt
Other Expense
Gain on Disposal and Sale of Business Interests
Loss on Disposal and Sale of Business Interests
Asset Impairment Reversals
Gain on Sale of Subsidiary Stock
Asset Impairment Benefit
Foreign Currency Transaction Gains
Other Non-Operating Income
Foreign Currency Transaction Losses
Asset Impairment Reversals
Foreign Currency Transaction Gains
Other Non-Operating Expense
Extraordinary Items, Net of Income Tax Expense
Cumulative Effect of Change in Accounting Principle, Net of Income Tax Benefit
Total Non-Operating Income	-1,123	-784	-1,098	-1,041	-2,058	-1,299	-1,139	-116	-871	-870	-771
Income Before Provision for Income Taxes	664	868	72	-240	-1,088	365	829	2,057	842	223	1,094
Provision for Income Taxes	94	59	261	265	133	-216	-352	708	990	32	412
Income Tax Expense
Income Tax Benefit
Consolidated Net Income	570	809	-189	-505	-1,221	581	1,181	1,349	-148	191	682
Net Income Attributable to Minority Interests and Other	-607	-877	-431	41	-542	106	175	362	384	353	456
Less: Income from Discontinued Operations Attributable to Noncontrolling Interests
Less: Net Loss Attributable to Noncontrolling Interests and Redeemable Stock of Subsidiaries
Less: Net Loss Attributable to Redeemable Stocks of Subsidiaries
Plus: Loss from Discontinued Operations Attributable to Noncontrolling Interests
Total Net Income Attributable to Noncontrolling Interests
Less: Loss from Discontinued Operations Attributable to Noncontrolling Interests
Less: Loss from Discontinued Operations Attributable to Noncontrolling Interests
Net Income Attributable to Discontinued Operations	—	-14	14	—	8	6	2	434	-1,283	-2,078	68
Income from Operations of Discontinued Businesses, Net of Income Tax Benefit
Income from Operations of Discontinued Businesses, Net of Income Tax Expense
Loss from Disposal of Discontinued Businesses, Net of Income Tax Expense
Discontinued Operations, Net of Tax
Income from Discontinued Operations Available to the AES Corporation Common Stockholders
Net Income Attributable to Common Shareholders	1,057	1,679	249	-546	-409	46	303	1,203	-1,161	-1,130	306
Net Income Attributable to the Aes Corporation
Basic EPS	1.6	2.4	0.4	-0.8	-0.6	0.1	0.5	1.5	-1.8	-0	0.5
Diluted EPS	1.6	2.4	0.4	-0.8	-0.6	0.1	0.5	1.5	-1.8	-0	0.5
Basic Weighted Average Shares Outstanding	712.5	706	669	668	666	665	664	662	660	660	687
Total Shares Outstanding	712.1	711.1	669.7	668.7	666.8	665.4	664	662.3	660.4	659.2	666.8
Diluted Weighted Average Shares Outstanding	713	713	712	668	666	668	667	665	660	660	689
EBITDA	3,162	2,916	2,317	1,873	2,026	2,732	3,013	3,176	2,882	2,269	3,009
Effective Tax Rate	14.2%	6.8%	362.5%	-110.4%	-12.2%	-59.2%	-42.5%	34.4%	117.6%	14.3%	37.7%