The AES Corporation (AES) vs Brookfield Renewable Partners L.P. (BEP)

AES leads on 11 of 15 compared metrics.

A side-by-side comparison of The AES Corporation and Brookfield Renewable Partners L.P. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 20, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Compare

Total return — AES vs BEP

growth of $100 · last 23y
AES +107.4%BEP +18.0%AES compounded faster
0100200300400Start $10020072011201520192023$207$118
AES BEP

AES vs BEP: by the numbers

  • BEP is the larger company ($10.69B vs $10.43B market cap).
  • AES trades at the lower earnings multiple (7.78 vs 58.73 P/E).
  • AES converts more revenue to profit (10.72% vs 3.01% net margin).
  • BEP grew revenue faster over the past five years (10.94% vs 4.63% CAGR).
  • AES pays the higher dividend yield (4.81% vs 4.34%).

Which is better, AES or BEP?

Metric tally: AES 11 · BEP 4

It depends on what you're optimizing for:

ValueAES(lower P/E)
GrowthBEP(faster 5Y revenue CAGR)
IncomeAES(higher dividend yield)
QualityAES(higher ROIC)

Metrics side by side

Valuation

MetricAESBEP
P/E ratio7.7858.73
Forward P/E6.26
P/S ratio0.841.68
P/B ratio2.362.54
PEG ratio0.104.33
EV / EBITDA10.619.27

Profitability

MetricAESBEP
Gross margin19.31%34.36%
Operating margin16.47%11.33%
Net margin10.72%3.01%
ROE30.27%4.56%
ROIC4.24%1.03%

Dividends

MetricAESBEP
Dividend yield4.81%4.34%
Payout ratio55.86%

Growth (annualized)

MetricAESBEP
Revenue CAGR (5Y)4.63%10.94%
EPS CAGR (5Y)78.27%-20.67%
FCF CAGR (5Y)3.29%-7.80%
Total return CAGR (5Y)-6.68%3.26%

Frequently asked

Which is better, AES or BEP?
It depends on your goal. value: AES (lower P/E); growth: BEP (faster 5Y revenue CAGR); income: AES (higher dividend yield); quality: AES (higher ROIC). Across all compared metrics, AES leads 11 to 4.
Is AES or BEP cheaper?
On trailing earnings, AES is cheaper: AES trades at a 7.78 P/E and BEP at 58.73.
Which has grown faster, AES or BEP?
Over the past five years, BEP grew revenue faster — AES at a 4.63% CAGR versus BEP at 10.94%.
Does AES or BEP pay a bigger dividend?
AES yields 4.81% and BEP yields 4.34% based on trailing dividends and the latest price.
Is AES or BEP more profitable?
AES runs the higher net margin — AES at 10.72% versus BEP at 3.01%.
Which has been the better investment, AES or BEP?
Over the past 10-year, BEP delivered the higher annualized total return — AES at 6.25% versus BEP at 14.22%. Past performance doesn't predict future results.

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified June 20, 2026.