The AES Corporation (AES) vs Eversource Energy (ES)

ES leads on 9 of 16 compared metrics, though AES is the cheaper stock.

A side-by-side comparison of The AES Corporation and Eversource Energy 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 ES

growth of $100 · last 30y
AES +114.7%ES +410.6%ES compounded faster
02004006008001kStart $100200120062011201620212026$215$511
AES ES

AES vs ES: by the numbers

  • ES is the larger company ($26.17B vs $10.43B market cap).
  • AES trades at the lower earnings multiple (7.78 vs 14.87 P/E).
  • ES converts more revenue to profit (12.55% vs 10.72% net margin).
  • ES grew revenue faster over the past five years (8.29% vs 4.63% CAGR).
  • AES pays the higher dividend yield (4.81% vs 4.43%).

Which is better, AES or ES?

Metric tally: AES 7 · ES 9

It depends on what you're optimizing for:

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

Metrics side by side

Valuation

MetricAESES
P/E ratio7.7814.87
Forward P/E6.2614.10
P/S ratio0.841.88
P/B ratio2.361.59
PEG ratio0.100.15
EV / EBITDA10.619.99
FCF yield0.90%

Profitability

MetricAESES
Gross margin19.31%39.87%
Operating margin16.47%22.52%
Net margin10.72%12.55%
ROE30.27%10.58%
ROIC4.24%4.68%

Dividends

MetricAESES
Dividend yield4.81%4.43%
Payout ratio55.86%67.54%

Growth (annualized)

MetricAESES
Revenue CAGR (5Y)4.63%8.29%
EPS CAGR (5Y)78.27%5.08%
FCF CAGR (5Y)3.29%20.98%
Total return CAGR (5Y)-6.68%1.22%

Frequently asked

Which is better, AES or ES?
It depends on your goal. value: AES (lower P/E); growth: ES (faster 5Y revenue CAGR); income: AES (higher dividend yield); quality: ES (higher ROIC). Across all compared metrics, ES leads 9 to 7.
Is AES or ES cheaper?
On trailing earnings, AES is cheaper: AES trades at a 7.78 P/E and ES at 14.87.
Which has grown faster, AES or ES?
Over the past five years, ES grew revenue faster — AES at a 4.63% CAGR versus ES at 8.29%.
Does AES or ES pay a bigger dividend?
AES yields 4.81% and ES yields 4.43% based on trailing dividends and the latest price.
Is AES or ES more profitable?
ES runs the higher net margin — AES at 10.72% versus ES at 12.55%.
Which has been the better investment, AES or ES?
Over the past 10-year, AES delivered the higher annualized total return — AES at 6.25% versus ES at 5.66%. 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.