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).
AES
The AES Corporation
$14.62Utilities
BEP
Brookfield Renewable Partners L.P.
$35.24Utilities
Total return — AES vs BEP
growth of $100 · last 23yAES +107.4%BEP +18.0%AES compounded faster
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 4It 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
| Metric | AES | BEP |
|---|---|---|
| P/E ratio | 7.78● | 58.73 |
| Forward P/E | 6.26 | — |
| P/S ratio | 0.84● | 1.68 |
| P/B ratio | 2.36● | 2.54 |
| PEG ratio | 0.10● | 4.33 |
| EV / EBITDA | 10.61 | 9.27● |
Profitability
| Metric | AES | BEP |
|---|---|---|
| Gross margin | 19.31% | 34.36%● |
| Operating margin | 16.47%● | 11.33% |
| Net margin | 10.72%● | 3.01% |
| ROE | 30.27%● | 4.56% |
| ROIC | 4.24%● | 1.03% |
Dividends
| Metric | AES | BEP |
|---|---|---|
| Dividend yield | 4.81%● | 4.34% |
| Payout ratio | 55.86% | — |
Growth (annualized)
| Metric | AES | BEP |
|---|---|---|
| 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.
Go deeper
Dig into the metrics
AES P/E ratioBrookfield Renewable Partners L.P. P/E ratioAES dividend yieldBrookfield Renewable Partners L.P. dividend yieldAES ROEBrookfield Renewable Partners L.P. ROEAES operating marginBrookfield Renewable Partners L.P. operating marginAES revenue growthBrookfield Renewable Partners L.P. revenue growthAES free cash flowBrookfield Renewable Partners L.P. free cash flow
AES & Brookfield Renewable Partners L.P. appear in these rankings
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.