OverviewSuggest Edit

AES (also known as the AES Corporation) is a diversified power generation and utility company. It owns and operates power plants to generate and sell power to customers, such as utilities, industrial users, and other intermediaries. The company also owns and operates utilities to generate or purchase, distribute, transmit, and sell electricity to end-user customers in the residential, commercial, industrial, and governmental sectors; and generates and sells electricity on the wholesale market. It uses a range of fuels and technologies to generate electricity, including natural gas, coal, pet coke, diesel, and oil, as well as renewables, such as hydro, solar, wind, energy storage, biomass, and landfill gas.
TypePublic
Founded1981
HQArlington, VA, US
Websiteaes.com
Employee Ratings4.4
Overall CultureA

Latest Updates

Employees (est.) (Dec 2020)8,200(-8%)
Job Openings290
Revenue (FY, 2020)$9.7 B(-5%)
Share Price (Oct 2021)$24.4
Cybersecurity ratingBMore
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Key People/Management at AES

Andres Gluski

Andres Gluski

President, Chief Executive Officer & Director
Jay Morse

Jay Morse

Chairman and Lead Independent Director
Bernerd Da Santos

Bernerd Da Santos

Executive Vice President and Chief Operating Officer
Paul Freedman

Paul Freedman

Executive Vice President, General Counsel and Corporate Secretary
Tish Mendoza

Tish Mendoza

Executive Vice President and Chief Human Resources Officer
Gustavo Pimenta

Gustavo Pimenta

Executive Vice President and Chief Financial Officer
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AES Office Locations

AES has offices in Arlington, Indianapolis, Cincinnati, Dayton and in 14 other locations
Arlington, VA, US (HQ)
4300 Wilson Blvd
Indianapolis, IN, US
1 Monument Cir
Indianapolis, IN, US
2102 N Illinois St
ABU, AR
9th floor, Carlos Pellegrini 1023
San Nicolás de Los Arroyos, AR
Dr. Román Subiza 1960
Sofia, BG
bulevard "Cherni vrah" 32a
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AES Financials and Metrics

AES Revenue

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AES's revenue was reported to be $9.66 b in FY, 2020
USD

Revenue (FY, 2020)

9.7b

Gross profit (FY, 2020)

2.7b

Gross profit margin (FY, 2020), %

27.9%

Net income (FY, 2020)

152.0m

EBIT (FY, 2020)

43.0m

Market capitalization (15-Oct-2021)

16.3b

Closing stock price (15-Oct-2021)

24.4

Cash (31-Dec-2020)

1.1b

EV

15.4b
AES's current market capitalization is $16.3 b.
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Revenue

10.5b10.7b10.2b9.7b

Revenue growth, %

2%(5%)

Cost of goods sold

8.1b8.2b7.8b7.0b

Gross profit

2.5b2.6b2.3b2.7b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

2.7b2.5b2.8b2.7b2.5b2.6b2.3b2.2b2.5b

Cost of goods sold

2.1b1.9b2.2b2.1b2.0b1.9b1.8b1.7b1.8b

Gross profit

656.0m600.0m671.0m586.0m502.0m701.0m507.0m524.0m756.0m

Gross profit Margin, %

24%24%24%22%20%27%22%24%30%
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Cash

949.0m1.2b1.0b1.1b

Accounts Receivable

1.5b1.6b1.5b1.3b

Prepaid Expenses

62.0m130.0m80.0m102.0m

Inventories

562.0m577.0m487.0m461.0m
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Cash

1.2b1.1b1.2b1.4b1.2b1.1b1.5b1.4b1.5b

Accounts Receivable

1.5b1.4b1.5b1.6b1.5b1.5b1.4b1.4b1.4b

Prepaid Expenses

66.0m116.0m97.0m111.0m98.0m72.0m106.0m92.0m100.0m

Inventories

569.0m583.0m562.0m579.0m496.0m495.0m461.0m504.0m474.0m
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Net Income

(777.0m)1.6b478.0m152.0m

Depreciation and Amortization

1.2b1.0b1.0b1.1b

Inventories

(28.0m)(36.0m)28.0m(20.0m)

Accounts Payable

163.0m62.0m(6.0m)(186.0m)
Quarterly
USDFY, 2017

Revenue/Employee

1.0m

Financial Leverage

6.8 x
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AES Operating Metrics

FY, 2017FY, 2018FY, 2019FY, 2020

Customers Served

2 m2.4 m2.5 m2.5 m

Business Units

5444

Countries

16151414

Generation Facilities

118108110119
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AES Acquisitions / Subsidiaries

Company NameDateDeal Size
sPowerAugust 01, 2017$1.6 b
AES Distributed Energy, Inc.March 03, 2015
DPL Inc.April 20, 2011$4.7 b
KMR Power CompanyDecember 01, 2000
IPALCO Enterprises, Inc.July 17, 2000$2.2 b
25 Ashdown Road Solar, LLC
AES-3C Maritza East 1 Ltd.
AES Abigail S.a.r.l.
AES Accabonac Solar, LLC
AES Africa Power Company B.V.
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AES Revenue Breakdown

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AES revenue breakdown by business segment: 10.2% from Eurasia Strategic Business Unit, 18.4% from Mexico, Central America & Caribbean Strategic Business Unit, 31.3% from South America Strategic Business Unit, 39.6% from United States and Utilities Strategic Business Unit and 0.4% from Other

AES revenue breakdown by geographic segment: 40.6% from Other not-US, 5.1% from Dominican Republic, 10.7% from Chile, 18.8% from United States and 24.7% from Other

AES Cybersecurity Score

Cybersecurity ratingPremium dataset

B

85/100

SecurityScorecard logo

AES Online and Social Media Presence

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AES Company Culture

  • Overall Culture

    A

    76/100

  • CEO Rating

    A

    76/100

  • Compensation

    A+

    81/100

  • Diversity

    C+

    67/100

Learn more on Comparably

AES News and Updates

AES Boosts Holy Cross’s 100% Renewable Energy Goal With Two Solar Projects

The AES Corporation (NYSE: AES) today announced it signed agreements with Holy Cross Energy (HCE) to help meet Holy Cross Energy’s 100 percent renewable energy goal by 2030 outlined in its 100X30 plan. Through the agreements, AES will develop two projects that will collectively add 20 megawatts (MW)…

Ecoppia Installs Robots at AES Solar Site

Ecoppia, the world-leader in robotic cleaning technology for photovoltaic solar sites, has completed the installation of its robots at a solar site in California, USA, operated by The AES Corporation, a Fortune 500 global energy company

Fluence and Northvolt to Develop Grid-Scale Battery Storage Technology Together

Energy storage technology provider Fluence and battery gigafactory startup Northvolt will collaborate to develop “next-generation battery technology for grid-scale storage applications,” the companies said today

AES Recommends Rejection of TRC Capital's Conditional Mini-Tender Offer to Acquire 0.598% of Outstanding Shares

The AES Corporation (NYSE: AES) announced today that it has been notified of an unsolicited "mini-tender" offer by TRC Capital Investment Corporation to purchase up to 4,000,000 shares of AES' common stock, or approximately 0.598% of outstanding shares, at a price of $26.50 per share. This price is …

AES Announces Quarterly Dividend

The Board of Directors of The AES Corporation (NYSE: AES) declared a quarterly common stock dividend of $0.1505 per share payable on May 14, 2021 to shareholders of record at the close of business on April 30, 2021

AES' Bulgarian Units Produce 976 GWh in Q1

AES Bulgaria, a unit of U.S.-based energy conglomerate AES Corporation, said on Wednesday that its thermal power plant (TPP) AES Galabovo and the St. Nikola wind farm produced a combined 976 GWh of electricity in the first quarter of 2021
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AES Frequently Asked Questions

  • When was AES founded?

    AES was founded in 1981.

  • Who are AES key executives?

    AES's key executives are Andres Gluski, Jay Morse and Bernerd Da Santos.

  • How many employees does AES have?

    AES has 8,200 employees.

  • What is AES revenue?

    Latest AES annual revenue is $9.7 b.

  • What is AES revenue per employee?

    Latest AES revenue per employee is $1.2 m.

  • Who are AES competitors?

    Competitors of AES include Vistra, Alliant Energy and Endesa.

  • Where is AES headquarters?

    AES headquarters is located at 4300 Wilson Blvd, Arlington.

  • Where are AES offices?

    AES has offices in Arlington, Indianapolis, Cincinnati, Dayton and in 14 other locations.

  • How many offices does AES have?

    AES has 19 offices.