Which has the lower trailing P/E, AES or BKH?

AES has the lower trailing P/E: AES trades at 5.65 and BKH at 17.80. P/E is one valuation measure and does not by itself establish which business is cheaper.

Does AES or BKH pay a bigger dividend?

AES yields 4.76% and BKH yields 3.91% based on trailing dividends and the latest price.

Is AES or BKH more profitable?

AES runs the higher net margin — AES at 14.62% versus BKH at 13.00%.

The AES Corporation (AES) vs Black Hills Corporation (BKH)

A side-by-side comparison of The AES Corporation and Black Hills Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 13, 2026. Differences are shown without an overall score or investment verdict.

AES

The AES Corporation

$10.59B

$14.86UtilitiesDelayed quote: Sep 18, 2026, 12:00 PM EDT

BKH

Black Hills Corporation

$5.37B

$70.50UtilitiesDelayed quote: Sep 18, 2026, 11:55 AM EDT

Total return — AES vs BKH

growth of $100 · dividends reinvested · last 10y

AES +72.3% (+5.6%/yr)BKH +68.6% (+5.4%/yr)AES compounded faster over this window

AES BKH

AES vs BKH: by the numbers

•AES is the larger company ($10.59B vs $5.37B market cap).
•AES trades at the lower trailing earnings multiple (5.65 vs 17.80 P/E), one valuation lens rather than an overall verdict.
•AES converts more revenue to profit (14.62% vs 13.00% net margin).
•AES pays the higher dividend yield (4.76% vs 3.91%).

Metrics side by side

Valuation

Metric	AES	BKH
P/E ratio	5.65	17.80
Forward P/E	6.49	16.23
P/S ratio	0.81	2.33
P/B ratio	2.14	1.36
EV / EBITDA	9.16	11.65

Profitability

Metric	AES	BKH
Gross margin	20.29%	42.92%
Operating margin	17.48%	23.79%
Net margin	14.62%	13.00%
ROE	38.61%	7.58%
ROIC	4.38%	4.73%

Dividends

Metric	AES	BKH
Dividend yield	4.76%	3.91%
Payout ratio	26.76%	70.33%

Growth (annualized)

Metric	AES	BKH
Revenue CAGR (5Y)	4.57%	4.57%
EPS CAGR (5Y)	78.27%	1.80%
FCF CAGR (5Y)	N/A	20.20%
Total return CAGR (5Y)	-5.31%	5.34%

Frequently asked

Which has the lower trailing P/E, AES or BKH?: AES has the lower trailing P/E: AES trades at 5.65 and BKH at 17.80. P/E is one valuation measure and does not by itself establish which business is cheaper.
Does AES or BKH pay a bigger dividend?: AES yields 4.76% and BKH yields 3.91% based on trailing dividends and the latest price.
Is AES or BKH more profitable?: AES runs the higher net margin — AES at 14.62% versus BKH at 13.00%.

Go deeper

Full AES analysis Full BKH analysis Interactive comparison tool

Dig into the metrics

AES P/E ratio Black Hills P/E ratio AES dividend yield Black Hills dividend yield AES ROE Black Hills ROE AES operating margin Black Hills operating margin AES revenue growth Black Hills revenue growth AES free cash flow Black Hills free cash flow

AES & Black Hills appear in these rankings

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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 September 13, 2026.