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 August 4, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total returnAES vs BKH

growth of $100 · dividends reinvested · last 30y
AES +197.1%BKH +1426.5%BKH compounded faster
Log scale — wide-divergence pair
101001k10kStart $100200120062011201620212026$297$1,527
AES BKH

AES vs BKH: by the numbers

  • AES is the larger company ($10.47B vs $5.43B market cap).
  • AES trades at the lower trailing earnings multiple (7.82 vs 18.55 P/E), one valuation lens rather than an overall verdict.
  • BKH converts more revenue to profit (12.61% vs 10.72% net margin).
  • BKH grew revenue faster over the past five years (4.97% vs 4.63% CAGR).
  • AES pays the higher dividend yield (4.78% vs 3.87%).

Metrics side by side

Valuation

MetricAESBKH
P/E ratio7.8218.55
Forward P/E6.3816.43
P/S ratio0.842.36
P/B ratio2.381.36
PEG ratio0.108.50
EV / EBITDA11.0612.20

Profitability

MetricAESBKH
Gross margin19.31%35.66%
Operating margin16.47%23.30%
Net margin10.72%12.61%
ROE30.27%7.31%
ROIC4.24%4.63%

Dividends

MetricAESBKH
Dividend yield4.78%3.87%
Payout ratio55.86%69.12%

Growth (annualized)

MetricAESBKH
Revenue CAGR (5Y)4.63%4.97%
EPS CAGR (5Y)78.27%1.80%
FCF CAGR (5Y)N/A20.20%
Total return CAGR (5Y)-5.53%4.50%

Frequently asked

Which has the lower trailing P/E, AES or BKH?
AES has the lower trailing P/E: AES trades at 7.82 and BKH at 18.55. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, AES or BKH?
Over the past five years, BKH grew revenue faster — AES at a 4.63% CAGR versus BKH at 4.97%.
Does AES or BKH pay a bigger dividend?
AES yields 4.78% and BKH yields 3.87% based on trailing dividends and the latest price.
Is AES or BKH more profitable?
BKH runs the higher net margin — AES at 10.72% versus BKH at 12.61%.
How have AES and BKH total returns compared?
Over the past 10 years, AES delivered 5.65% and BKH delivered 4.89% annualized total return. 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 August 4, 2026.