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The AES Corporation (AES)
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The AES Corporation (AES) Revenue CAGR:3.04%(TTM)

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Over longer horizons, The AES Corporation's Revenue CAGR averages -1.34% over 3 years and 4.63% over 5 years.The TTM figure compares the trailing 12 months (sum of the latest four quarters) with the 12 months before that. Rows in the history table compare fiscal years, and the quarterly table compares single quarters; the three measure different windows and will differ. Revenue CAGR measures how The AES Corporation's top-line revenue has grown over time. Consistent revenue growth is a key indicator of business expansion and market share gains.

AES Revenue CAGR Chart

The AES Corporation (AES)

AES Quarterly Revenue Growth (YoY)

Revenue growth vs the same quarter one year earlier, last 20 quarters.

AES Revenue CAGR History

YearStart RevenueEnd RevenueChange% ChangeCAGR
2025$12.28B$12.23B$-45.00M-0.37%-0.37%
2024$12.68B$12.28B$-398.00M-3.14%-3.14%
2023$12.62B$12.68B+$58.00M+0.46%+0.46%
2022$11.14B$12.62B+$1.48B+13.25%+13.25%
2021$9.66B$11.14B+$1.48B+15.33%+15.33%
2020$10.19B$9.66B$-529.00M-5.19%-5.19%
2019$10.74B$10.19B$-552.00M-5.14%-5.14%
2018$10.51B$10.74B+$237.00M+2.26%+2.26%
2017$10.17B$10.51B+$335.00M+3.29%+3.29%
2016$14.11B$10.17B$-3.94B-27.93%-27.93%
2015$17.11B$14.11B$-3.00B-17.53%-17.53%
2014$15.88B$17.11B+$1.23B+7.73%+7.73%
2013$18.13B$15.88B$-2.25B-12.41%-12.41%
2012$17.34B$18.13B+$789.00M+4.55%+4.55%
2011$16.57B$17.34B+$776.00M+4.68%+4.68%
2010$13.93B$16.57B+$2.64B+18.93%+18.93%
2009$16.07B$13.93B$-2.14B-13.31%-13.31%
2008$13.59B$16.07B+$2.48B+18.27%+18.27%
2007$11.58B$13.59B+$2.01B+17.38%+17.38%
2006$10.25B$11.58B+$1.33B+12.97%+12.97%
2005$9.39B$10.25B+$855.00M+9.10%+9.10%
2004$9.39B$9.39B+$0.00+0.00%+0.00%
2003$7.38B$9.39B+$2.01B+27.26%+27.26%
2002$6.30B$7.38B+$1.08B+17.16%+17.16%
2001$6.21B$6.30B+$93.00M+1.50%+1.50%
2000$3.25B$6.21B+$2.95B+90.78%+90.78%
1999$2.40B$3.25B+$855.00M+35.65%+35.65%
1998$1.41B$2.40B+$987.00M+69.95%+69.95%
1997$835.00M$1.41B+$576.00M+68.98%+68.98%

Quarterly Revenue: QoQ & YoY

QuarterValueQoQYoY
Q1 2026$3.18B+2.5%+8.7%
Q4 2025$3.10B-7.5%+4.7%
Q3 2025$3.35B+17.4%+1.9%
Q2 2025$2.85B-2.4%-3.0%
Q1 2025$2.93B-1.2%-5.2%
Q4 2024$2.96B-9.9%-0.2%
Q3 2024$3.29B+11.8%-4.2%
Q2 2024$2.94B-4.6%-3.1%
Q1 2024$3.08B+3.9%-4.8%
Q4 2023$2.97B-13.6%-3.0%
Q3 2023$3.43B+13.1%-5.3%
Q2 2023$3.04B-6.3%-1.4%
Q1 2023$3.24B+5.8%+13.5%
Q4 2022$3.06B-15.6%+10.5%
Q3 2022$3.63B+17.8%+19.4%
Q2 2022$3.08B+7.9%+14.0%

QoQ = change vs the prior quarter; YoY = change vs the same quarter a year earlier.

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