Aes (AES) EBITDA Margin (2017 - 2026)
Aes (AES) reported EBITDA Margin of 34.27% for Q3 2026, up 2.82 percentage points from 31.45% a year earlier and up 3.18 percentage points from the prior quarter.
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Analysis
Aes (AES) EBITDA Margin (2017 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Aes' EBITDA Margin came in at 31.85%, up 5.70 percentage points year-over-year; for FY2025, it came in at 28.01%, up 1.22 percentage points from FY2024.
- EBITDA Margin has a five-year change of -9.21 percentage points (FY2020 to FY2025).
- By year, EBITDA Margin came in at 26.80% in FY2024 (-0.01 pp), 26.81% in FY2023 (-0.24 pp), 27.05% in FY2022 (-5.27 pp) and 32.32% in FY2021 (-4.90 pp).
- The Q3 2026 figure ranks as the highest quarterly EBITDA Margin since Q2 2021.
- Year over year, EBITDA Margin has now increased in each of the last five quarters, with an average year-over-year change of +2.12 percentage points over the last eight quarters.
- The high point for year-over-year EBITDA Margin in five years was Q1 2026 (a gain of 8.05 percentage points); the low point was Q4 2021 (a drop of 15.64 percentage points).
- Per Business Quant data, the three quarters before Q3 2026 came in at 31.09% (Q2 2026), 32.01% (Q1 2026) and 29.47% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 299.49 Bn | 296.88 Bn | - | - |
| 2 | Nextera Energy | 179.92 Bn | 166.66 Bn | - | 52.86% |
| 3 | Southern | 105.56 Bn | 96.61 Bn | 5.92 Bn | 48.33% |
| 4 | Duke Energy | 99.44 Bn | 95.69 Bn | 5.66 Bn | 50.94% |
| 5 | National Grid | 82.69 Bn | 64.32 Bn | - | - |
| 6 | American Electric Power | 68.52 Bn | 66.31 Bn | 4.75 Bn | 41.53% |
| 7 | Dominion Energy | 59.67 Bn | 57.66 Bn | - | 22.66% |
| 8 | Entergy | 52.06 Bn | 38.50 Bn | - | 49.53% |
| 9 | Sempra | 51.32 Bn | 50.45 Bn | 2.89 Bn | 37.87% |
| 10 | Aes | 10.64 Bn | 3.55 Bn | 982.00 Mn | 34.27% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 34.27% |
| Jun 30, 2026 | 31.09% |
| Mar 31, 2026 | 32.01% |
| Dec 31, 2025 | 29.47% |
| Sep 30, 2025 | 31.45% |
| Jun 30, 2025 | 26.55% |
| Mar 31, 2025 | 23.96% |
| Dec 31, 2024 | 21.91% |
| Sep 30, 2024 | 29.71% |
| Jun 30, 2024 | 27.26% |
| Mar 31, 2024 | 27.94% |
| Dec 31, 2023 | 24.97% |
| Sep 30, 2023 | 33.20% |
| Jun 30, 2023 | 23.22% |
| Mar 31, 2023 | 25.07% |
| Dec 31, 2022 | 25.39% |
| Sep 30, 2022 | 30.52% |
| Jun 30, 2022 | 25.37% |
| Mar 31, 2022 | 26.23% |
| Dec 31, 2021 | 28.30% |
API Access
Aes EBITDA Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebitda-margin&ticker=AES&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "ticker": "AES", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebitda-margin&ticker=AES&period=max&api_key=YOUR_API_KEY");
const data = await res.json();