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The AES Corporation (AES) Operating Margin: 16.47%

Is The AES Corporation’s operating margin high or low?

The AES Corporation's operating margin of 16.47% is 16% below its 5-year average of 19.67%, near the low end of its 5-year range (16.10%–26.18%).

As of Saturday, June 20, 2026. 0.98% above its 12-month average of 16.31%.

AES Operating Margin Chart

AES Operating Margin
16.10%-2.54% 1Y
Zoom

AES Average Operating Margin Chart

AES Current vs Average Operating Margin Chart

AES Operating Margin Metrics

OPERATING MARGIN

16.47%

OPERATING MARGIN AVG TTM

16.31%

OPERATING MARGIN AVG 3Y

17.25%

OPERATING MARGIN AVG 5Y

19.67%

OPERATING MARGIN AVG 10Y

20.21%

OPERATING MARGIN AVG 15Y

20.01%

OPERATING MARGIN AVG 20Y

20.85%

CURRENT VS TTM AVG

+0.98%

CURRENT VS 3Y AVG

-4.52%

CURRENT VS 5Y AVG

-16.28%

CURRENT VS 10Y AVG

-18.49%

CURRENT VS 15Y AVG

-17.69%

CURRENT VS 20Y AVG

-20.99%

AES Competitors' Operating Margin

NAMEMARKET CAPOPERATING MARGINTTM3Y5Y
The AES Corporation (AES)$10.43B16.47%16.31%17.25%19.67%
Brookfield Renewable Partners L.P. (BEP)vs ›$10.69B11.33%15.88%20.68%27.41%
Clearway Energy, Inc. (CWEN-A)vs ›$8.31B13.13%13.31%42.54%36.45%
Black Hills Corporation (BKH)vs ›$5.54B23.30%23.46%21.26%21.88%
Alliant Energy Corporation (LNT)vs ›$18.85B23.01%22.88%22.81%22.43%
Talen Energy Corporation (TLN)vs ›$19.81B33.09%4.04%5.38%-8.09%
NiSource Inc. (NI)vs ›$22.66B27.78%27.16%24.87%21.96%
CMS Energy Corporation (CMS)vs ›$22.67B19.53%20.00%17.70%17.60%
American Water Works Company, Inc. (AWK)vs ›$24.42B36.48%36.62%35.58%34.30%
Eversource Energy (ES)vs ›$26.17B22.52%22.40%20.71%20.89%

Operating Efficiency

Gross Margin

19.3%

Operating Margin

16.5%

The AES Corporation Operating Margin Formula & Definition

Operating Margin = Operating Income / Revenue

Operating margin is the percentage of revenue remaining after operating expenses, reflecting operating efficiency.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

The AES Corporation Operating Margin FAQ

What is the operating margin for The AES Corporation (AES)?
The operating margin for AES stock is 16.47%.
Is The AES Corporation's operating margin high or low?
The AES Corporation's operating margin of 16.47% is 16% below its 5-year average of 19.67%, near the low end of its 5-year range (16.10%–26.18%).
What is the TTM average operating margin for The AES Corporation (AES)?
The TTM average operating margin for AES stock is 16.31%.
What is the 3Y average operating margin for The AES Corporation (AES)?
The 3Y average operating margin for AES stock is 17.25%.
What is the 5Y average operating margin for The AES Corporation (AES)?
The 5Y average operating margin for AES stock is 19.67%.
What is the 10Y average operating margin for The AES Corporation (AES)?
The 10Y average operating margin for AES stock is 20.21%.
What is the 15Y average operating margin for The AES Corporation (AES)?
The 15Y average operating margin for AES stock is 20.01%.
What is the 20Y average operating margin for The AES Corporation (AES)?
The 20Y average operating margin for AES stock is 20.85%.

The AES Corporation Operating Margin History

DATEOPERATING MARGIN
2025-12-3116.10%
2024-12-3116.52%
2023-12-3117.83%
2022-12-3118.55%
2021-12-3122.86%
2020-12-3126.18%
2019-12-3121.26%
2018-12-3122.25%
2017-12-3121.29%
2016-12-3120.96%
2015-12-3118.46%
2014-12-3116.83%
2013-12-3119.03%
2012-12-3118.82%
2011-12-3122.09%
2010-12-3121.13%
2009-12-3121.53%
2008-12-3120.76%
2007-12-3122.30%
2006-12-3127.16%
2005-12-3125.85%
2004-12-3127.79%
2003-12-3127.79%
2002-12-3116.22%
2001-12-3127.77%
2000-12-3126.02%
1999-12-3128.44%
1998-12-3131.44%
1997-12-3125.58%
1996-12-31100.00%

About The AES Corporation

The AES Corporation operates as an international enterprise primarily focused on electricity generation and distribution. Its activities involve both the ownership and management of power plants, producing and supplying electricity to a diverse clientele that includes other utility companies, large industrial consumers, and various intermediate purchasers. Beyond generation, AES also functions as a utility provider, managing infrastructure to either produce or acquire, then transmit, distribute, and ultimately sell power directly to end-users across residential, commercial, industrial, and governmental sectors. The company is also an active participant in the wholesale electricity market. For power production, AES utilizes a broad spectrum of energy sources and advanced technologies. This includes conventional fuels like coal and natural gas, as well as a significant commitment to renewables such as hydroelectric, wind, solar, and biomass. Its renewable portfolio further incorporates energy storage solutions and landfill gas. With an operational generation capacity of approximately 31,459 megawatts, the company maintains a substantial global presence, conducting business in the United States, Puerto Rico, various nations across Central and South America (including El Salvador, Chile, Colombia, Argentina, Brazil, Mexico), the Caribbean, Europe, and Asia. Founded in 1981, the company was initially named Applied Energy Services, Inc., before officially rebranding to The AES Corporation in April 2000. Its corporate headquarters are located in Arlington, Virginia.

Arlington, VA
9,100 employees
Utilities / Independent Power Producers
Sector
Utilities
Industry
Independent Power Producers
CEO
Andres Ricardo Gluski Weilert