Aes (AES) EBITDA Margin (2017 - 2026)
Aes (AES) reported EBITDA Margin of 31.09% for Q2 2026, up 4.54 percentage points from 26.55% a year earlier but down 0.92 percentage points from the prior quarter.
Aes (AES) EBITDA Margin (2017 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Aes' EBITDA Margin came in at 31.02%, up 5.39 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).
- Five-year quarterly EBITDA Margin spans a low of 21.91% in Q4 2024 and a high of 33.20% in Q3 2023.
- Year over year, EBITDA Margin has now increased in each of the last four quarters, with an average year-over-year change of +1.33 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 Q2 2026 came in at 32.01% (Q1 2026), 29.47% (Q4 2025) and 31.45% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 293.96 Bn | 293.96 Bn | 890.00 Mn | 21.47% |
| 2 | National Grid | 78.23 Bn | 59.76 Bn | - | - |
| 3 | Dominion Energy | 53.03 Bn | 55.71 Bn | - | 22.66% |
| 4 | Xcel Energy | 43.33 Bn | 38.23 Bn | - | 43.70% |
| 5 | Wec Energy | 33.06 Bn | 33.29 Bn | 1.51 Bn | 39.65% |
| 6 | Ameren | 27.51 Bn | 27.60 Bn | - | 42.21% |
| 7 | Fortis | 26.94 Bn | 27.43 Bn | 1.60 Bn | 45.92% |
| 8 | Atmos Energy | 26.53 Bn | 25.30 Bn | 870.85 Mn | 59.37% |
| 9 | American Water Works Company | 25.62 Bn | 25.03 Bn | - | 57.71% |
| 10 | Aes | 10.60 Bn | 8.61 Bn | 692.00 Mn | 31.09% |
Historic Data
| Date | Value |
|---|---|
| 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% |
| Sep 30, 2021 | 32.21% |
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_KEY
import 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();