Stock Analysis
AES CorporationAES
P/E 5.70×· 5Y range 4.09–57.96×· bottom 23% of history
Sector: Utilities · Industry: Cogeneration Services & Small Power Producers
AnalystsHold18 analystsP/E 5.7× sits at the 23rd percentile of its 5.089664613278576-year history.
Cash covers 5% of debt · Q2 2026.
PMP Verdict
Cheap for a reason — weak fundamentals
Strengths
- Quality60
Risks
- Growth6
- Financial Health12
Cheap for a reason — fundamentals remain weak.
Market context
-0.1% today· Z 2.4σ· Extreme statistical move of -4.85 z-scores despite zero relative volume.
Bull Case
- ✓P/E 5.7× at bottom 23% of 5-year history
What's happening with AES
Profile
growth, financial health and moat lag behind.
How is each axis scored?
- Valuation57/100 · Moderate
- P/E vs own history (23th pct)20/25
- FCF yield (-16.2%)0/25
- P/S (0.8x)25/25
- EV/EBIT (15.8x)12/25
- Growth6/100 · Weak
- Revenue CAGR (2.4%)6/25
- Net income CAGR (n/a)0/25
- EPS CAGR 5Y (n/a)0/25
- Fwd implied growth (-10.8%)0/25
- Profitability57/100 · Moderate
- ROIC (4.8%)5/25
- ROE (14.6%)12/25
- Net margin (14.3%)20/25
- Operating margin (20.3%)20/25
- Financial Health12/100 · Weak
- Altman Z (0.35)3/25
- Current ratio (0.75)6/25
- Interest coverage (1.8x)3/25
- Net cash / debt (D/A 57%)0/25
- Quality60/100 · Moderate
- Piotroski F (4/9)10/25
- Beneish M (-2.82)25/25
- FCF conversion (-92%)0/25
- Margin stability (σ 3.2%)25/25
- Moat16/100 · Weak
- ROIC >12% years (0/10 yrs)0/25
- Median gross margin (21.6%)6/25
- FCF-positive years (5/10 yrs)5/25
- Worst-year net margin (worst -4.3%)5/25
Risk Flags
- ⚠Altman Z 0.3 — distress-zone balance sheet
- ⚠Negative FCF margin (-0.1%) — burning cash
- ⚠4 loss-making years in recent history
- ⚠Interest coverage 1.8× — thin debt cushion
About AES Corporation
AES is a global power company that operates in 15 countries. Show more
Its generation portfolio totals over 32 gigawatts, including renewable energy, gas, coal, and oil. AES has majority ownership in and operates numerous electric utilities.
Headquarters: ARLINGTON, VA · Employees: 8,336 · Website ↗
Price History
Weekly Candlestick Chart — up to 5Y
Key Metrics
Financial snapshot · Tap any metric for its definition and grade
TTM Snapshot
trailing twelve months · YoYValuation
57CP/E (TTM)5.7xA
Grade A: CheapPrice / TTM EPS (own statements) — vs own 5Y history: 4.1x–58.0x · 23rd pct
P/FCF40.4xC
Grade C: ExpensivePrice / Free Cash Flow per share (Finnhub). Inverse of FCF yield — negative when FCF is negative · CapEx exceeds operating cash flow (134% of OCF) — reported FCF understates normalized earning power in this investment phase
FCF Yield-16.2%D
Grade D: NegativeTTM (OCF − CapEx) / Market Cap — vs own 5Y history: -67.6%–3.9% · 54th pct · CapEx exceeds operating cash flow (134% of OCF) — reported FCF understates normalized earning power in this investment phase
P/S (TTM)0.82xA
Grade A: CheapPrice / TTM Revenue (own statements) — vs own 5Y history: 0.6x–1.7x · 32nd pct
EV/EBIT15.8xB
Grade B: FairEnterprise value / TTM EBIT (D&A not in our data) — capital-structure neutral — vs own 5Y history: 11.4x–22.2x · 33rd pct
EV/Sales3.1xB
Grade B: FairEnterprise Value / TTM Revenue (Finnhub) — capital-structure neutral sales multiple
Forward P/E6.4xA
Grade A: CheapPrice / next-year EPS estimate — shows whether the TTM multiple is rich or just front-loading growth
P/B Ratio0.83xA
Grade A: FairPrice to Book Value. Neg. equity = heavy buybacks
PEG Ratio0.06A
Grade A: CheapFinnhub PEG — their P/E basis ÷ expected EPS growth. Suppressed when their P/E diverges >2× from our TTM P/E (different basis)
Dividend Yield4.71%A
Grade A: PaysTTM dividend yield (Finnhub) — annual dividends / price. None = no dividend; very high yield can signal distress
Payout Ratio26.8%A
Grade A: SafeDividends / Net Income (Finnhub) — share of earnings paid out; >90% or negative = unsustainable
CapEx exceeds OCF: CapEx exceeds operating cash flow (134% of OCF) — reported FCF understates normalized earning power in this investment phase
Profitability
57CROIC4.8%D
Grade D: LowNOPAT (EBIT less ~21% tax) / invested capital (equity + debt − cash). Flagship quality metric — durable >15% signals a moat
ROE14.6%C
Grade C: AverageReturn on Equity. Neg. equity = heavy buybacks
ROA3.6%D
Grade D: WeakReturn on Assets (Finnhub) — Net Income / Total Assets; how efficiently assets produce profit
Net Margin14.3%A
Grade A: HighNet Income / Revenue
Operating Margin20.3%C
Grade C: AverageTTM EBIT / TTM Revenue
Gross Margin20.3%D
Grade D: LowGross Profit / Revenue
FCF Margin-13.2%D
Grade D: LowFCF / Revenue · CapEx exceeds operating cash flow (134% of OCF) — reported FCF understates normalized earning power in this investment phase
True FCF Margin-13.2%D
Grade D: LowTTM (OCF − CapEx − SBC) / TTM Revenue — SBC treated as a real cost · CapEx exceeds operating cash flow (134% of OCF) — reported FCF understates normalized earning power in this investment phase
Growth
6ERevenue CAGR2.4%D
Grade D: LowCompound annual revenue growth (up to 5Y depending on data availability)
Net Income CAGR—
Compound annual net income growth (up to 5Y depending on data availability)
EPS CAGR (5Y)—
Compound annual EPS growth over up to 5Y of per-share earnings (own statements). Null when either endpoint EPS ≤ 0
Implied EPS Growth-10.8%D
Grade D: Decl.Analyst forward EPS (normalized basis) vs our GAAP TTM EPS — different bases, so extreme values usually mark cyclically depressed TTM earnings, not real growth
Dilution (5Y)+7.1%C
Grade C: DilutiveShare count change over 5Y
SBC / Net Income—
Stock-based comp/Net income. >30% = dilution risk
SBC / Revenue—
TTM stock-based comp / TTM Revenue
Financial Health
12EAltman Z-Score0.35D
Grade D: DistressBankruptcy risk. >3 Safe, <1.8 Distress
Current Ratio0.75xD
Grade D: LowCurrent Assets/Liabilities
Quick Ratio0.66xC
Grade C: Ok(Current Assets − Inventory) / Current Liabilities (Finnhub) — stricter liquidity test, excludes inventory
Interest Coverage1.8xD
Grade D: RiskyEBIT/Interest. >10 Strong
Debt Repayment—
Years to repay net debt via FCF · CapEx exceeds operating cash flow (134% of OCF) — reported FCF understates normalized earning power in this investment phase
Net Debt/EBIT11.8xD
Grade D: HighLeverage. <2x Low, >4x High
Debt/Equity2.57xD
Grade D: HighDebt / Equity: <1 Conservative, >2 Risky. Not meaningful with non-positive equity; shown as unavailable rather than low debt.
Cash / Debt0.05xD
Grade D: ThinCash covers how much of total debt. >1 = could repay all debt from cash
Quality
60BPiotroski F-Score4/9C
Grade C: AverageFinancial strength 0–9. >7 Strong
Beneish M-Score-2.82A
Grade A: SafeEarnings manipulation risk. < -2.22 Safe
FCF Conversion-91.9%D
Grade D: PoorFCF / Net Income · CapEx exceeds operating cash flow (134% of OCF) — reported FCF understates normalized earning power in this investment phase
Margin Stability3.2%A
Grade A: StableEBIT margin std deviation. Lower = stable
Capex / Revenue51.7%D
Grade D: HeavyTTM CapEx / TTM Revenue — high % = capital-hungry business
Asset Turnover0.25xD
Grade D: LowRevenue / Total Assets (Finnhub) — how efficiently the asset base generates sales
Insider Transactions
SEC Form 4 · 8 records| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
MONIE ALAIN Filed | MONIE ALAIN | Grant / award | +12.1K | |
DAVIDSON JANET Filed | DAVIDSON JANET | Grant / award | +12.1K | |
DAVIDSON JANET Filed | DAVIDSON JANET | Grant / award | +2.1K | |
KOEPPEL HOLLY K Filed | KOEPPEL HOLLY K | Grant / award | +12.1K | |
ANDERSON GERARD M Filed | ANDERSON GERARD M | Grant / award | +12.1K |
Show 3 more filingsShow fewer filings
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
ANDERSON GERARD M Filed | ANDERSON GERARD M | Grant / award | +6.9K | |
Bhandari Inderpal S Filed | Bhandari Inderpal S | Grant / award | +12.1K | |
Laulis Julia M. Filed | Laulis Julia M. | Grant / award | +12.1K |
More metrics — Moat, Per Share, Balance Sheet, MarketHide additional metrics
Moat
16EROIC >12% Years0/10 yrsD
Grade D: WeakShare of completed fiscal years with ROIC > 12% — measures multi-year capital-return durability
Gross Margin (Med.)21.6%D
Grade D: WeakMedian annual gross margin across available fiscal years — pricing-power durability
FCF-Positive Years5/10 yrsD
Grade D: WeakShare of completed fiscal years with positive free cash flow
Net Margin Floor-4.3%D
Grade D: WeakWeakest annual net margin across completed fiscal years — recession/downcycle resilience
Per Share
EPS (TTM)$2.62
Own TTM net income / shares — same earnings basis as P/E
Cash / Share$2.60
Cash & short-term investments per share (Finnhub)
Book Value / Share$6.93
Shareholders' equity per share (Finnhub). Negative = accumulated losses / heavy buybacks
Balance Sheet
Total Debt$32.94B
Total debt obligations (short + long term)
Cash & Equiv.$1.80B
Cash and short-term investments
Net Debt$31.14B
Total Debt minus Cash. Negative = Net Cash position
Total Equity$12.82B
Shareholders' equity (book value)
Asset / Liability1.31xC
Grade C: AdequateTotal Assets / Total Liabilities
Market
Market Cap$10.65B
Current Market Capitalization
Beta0.93B
Grade B: MarketPrice sensitivity vs the market (Finnhub) — 1.0 moves with market, >1.2 amplifies swings
How grades work: each metric is graded A–D against fixed thresholds (tap a row for the meaning). Card grades map the pillar score to A+–E — a card grade is that pillar's own score, not an average of the rows shown.
Financials as of Jun 2026 · Ratio snapshot Oct 17, 2026
Key Insights: AES Corporation (AES)
Piotroski F-Score of 4/9 indicates mixed fundamentals for AES Corporation. Altman Z-Score of 0.35 is below the 1.81 distress threshold — an elevated financial-risk flag. Beneish M-Score of -2.82 suggests a low likelihood of earnings manipulation. Free-cash-flow margin is negative (-13%) — the business currently burns cash.
- Company has negative FCF, making debt repayment from operations difficult.
- Interest coverage of 1.8× leaves little room for earnings shocks.
- AES Corporation posted a net loss in 4 of 10 available completed fiscal years (2016–2025).
- The stock currently yields 4.7% in dividends.
See how AES ranks on the Capex Tracker — top 50 capital spenders compared.
Recent Market Moves
See all AES moves →| Date | Session | Price | Move | Z-Score |
|---|---|---|---|---|
| Oct 16 | Regular | 14.93 | -0.27% | -2.43 |
| Oct 16 | After-hours | 14.93 | -0.27% | -2.43 |
| Oct 14 | Regular | 14.96 | -0.23% | -2.23 |
| Oct 7 | Pre-market | 14.88 | -0.33% | -2.80 |
| Sep 24 | Regular | 14.87 | +0.41% | 2.80 |
Frequently Asked Questions about AES
What is the current AES Corporation (AES) stock price?
AES is trading at $14.95 at the last market close, down 0.13% on the session. PreMarketPrice tracks AES pre-market, intraday and after-hours prices.
Is AES stock a buy right now?
PreMarketPrice's quantitative model rates AES Corporation's financial health at 12/100. This is a data-driven snapshot of fundamentals, not investment advice.
Is AES stock overvalued?
AES Corporation trades at a trailing P/E of 5.7 and our valuation score rates it 57/100 (higher = cheaper vs. its own history). See the Valuation History and Key Metrics sections for forward P/E, EV/EBITDA and PEG context.
When does AES Corporation report earnings?
No confirmed earnings date is currently scheduled for AES. The Earnings section lists recent reports and updates as dates are announced.
What sector does AES Corporation operate in?
AES Corporation operates in the Utilities sector, within the Cogeneration Services & Small Power Producers industry. The Related Stocks section lists sector peers for comparison.
What does AES Corporation do?
AES is a global power company that operates in 15 countries.
About AES Corporation (AES) Stock
AES Corporation (AES) is a US-listed stock operating in the Utilities sector, specifically the Cogeneration Services & Small Power Producers industry. As of the latest update, AES Corporation is trading at $14.95, down 0.13% on the day with a market capitalization of $10.7 billion. The financial health score for AES is 12/100, which indicates poor financial strength based on profitability, leverage, liquidity, and growth metrics. This page provides real-time pre-market pricing, earnings calendar, financial health analysis, and valuation metrics for AES stock.
AES Stock Analysis & Key Metrics
On PreMarketPrice, you can track AES Corporation (AES) across multiple dimensions:
- Pre-market price & movement: Real-time AES stock price with percentage change, updated continuously during pre-market and regular trading hours.
- Valuation & P/E history: Historical P/E, P/S, and P/B ratios for AES with trend analysis and normalized valuation multiples.
- Financial statements: Revenue, net income, assets, liabilities, and equity for AES Corporation across multiple reporting periods.
- Financial health score: A composite score of 12/100 based on Altman Z-Score, Piotroski F-Score, profitability, and leverage metrics for AES.
- Sector peers: Compare AES against 4 other utilities stocks on key financial metrics.
Is AES a Good Stock to Buy?
This page provides data-driven analysis to help you evaluate AES Corporation (AES) as an investment. The financial health score of 12/100 suggests poor financial fundamentals. Valuation metrics show whether the stock is trading above or below its historical average.However, this is not financial advice — always do your own research before investing.
Data on this page is sourced from real-time market feeds, Polygon.io, and Finnhub.AES Corporation (AES) trades on NYSE/NASDAQ. Pre-market trading occurs 4:00 AM – 9:30 AM ET. Regular market hours are 9:30 AM – 4:00 PM ET.