The AES Corporation (AES) vs Northwest Natural Holding Company (NWN)
A side-by-side comparison of The AES Corporation and Northwest Natural Holding Company across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 23, 2026. Differences are shown without an overall score or investment verdict.
AES
The AES Corporation
$14.77UtilitiesAt close: Aug 21, 2026, 4:00 PM ET
NWN
Northwest Natural Holding Company
$49.42UtilitiesAt close: Aug 21, 2026, 4:00 PM ET
Total return — AES vs NWN
growth of $100 · dividends reinvested · last 10yAES +79.5% (+6.0%/yr)NWN +16.0% (+1.5%/yr)AES compounded faster over this window
AES NWN
AES vs NWN: by the numbers
- •AES is the larger company ($10.53B vs $2.08B market cap).
- •AES trades at the lower trailing earnings multiple (5.62 vs 16.18 P/E), one valuation lens rather than an overall verdict.
- •AES converts more revenue to profit (14.62% vs 9.75% net margin).
- •NWN grew revenue faster over the past five years (9.58% vs 4.57% CAGR).
- •AES pays the higher dividend yield (4.77% vs 3.99%).
Metrics side by side
Valuation
| Metric | AES | NWN |
|---|---|---|
| P/E ratio | 5.62 | 16.18 |
| Forward P/E | 6.45 | 16.03 |
| P/S ratio | 0.81 | 1.61 |
| P/B ratio | 2.14 | 1.34 |
| EV / EBITDA | 9.15 | 7.79 |
Profitability
| Metric | AES | NWN |
|---|---|---|
| Gross margin | 20.29% | 45.17% |
| Operating margin | 17.48% | 31.63% |
| Net margin | 14.62% | 9.75% |
| ROE | 38.61% | 8.08% |
| ROIC | 4.38% | 5.11% |
Dividends
| Metric | AES | NWN |
|---|---|---|
| Dividend yield | 4.77% | 3.99% |
| Payout ratio | 55.86% | 71.12% |
Growth (annualized)
| Metric | AES | NWN |
|---|---|---|
| Revenue CAGR (5Y) | 4.57% | 9.58% |
| EPS CAGR (5Y) | 78.27% | 3.61% |
| FCF CAGR (5Y) | N/A | -24.53% |
| Total return CAGR (5Y) | -5.76% | 3.32% |
Frequently asked
- Which has the lower trailing P/E, AES or NWN?
- AES has the lower trailing P/E: AES trades at 5.62 and NWN at 16.18. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, AES or NWN?
- Over the past five years, NWN grew revenue faster — AES at a 4.57% CAGR versus NWN at 9.58%.
- Does AES or NWN pay a bigger dividend?
- AES yields 4.77% and NWN yields 3.99% based on trailing dividends and the latest price.
- Is AES or NWN more profitable?
- AES runs the higher net margin — AES at 14.62% versus NWN at 9.75%.
- How have AES and NWN total returns compared?
- Over the past 10 years, AES delivered 5.85% and NWN delivered 1.69% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
AES P/E ratioNorthwest Natural P/E ratioAES dividend yieldNorthwest Natural dividend yieldAES ROENorthwest Natural ROEAES operating marginNorthwest Natural operating marginAES revenue growthNorthwest Natural revenue growthAES free cash flowNorthwest Natural free cash flow
AES & Northwest Natural 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 August 23, 2026.