Aes (AES) FCF Margin (2017 - 2026)
Aes (AES) recorded FCF Margin of -7.98% in Q3 2026, up 7.48 percentage points from -15.46% a year earlier and up 9.87 percentage points from the prior quarter.
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Analysis
Aes (AES) FCF Margin (2017 - 2026) Analysis & Trends
On a TTM basis, Aes' FCF Margin came in at 7.96% as of Sep 30, 2026, up 36.87 percentage points year-over-year; for FY2025, it was -13.27%, up 24.52 percentage points from FY2024.
- Annual FCF Margin has a five-year change of -22.12 percentage points (FY2020 to FY2025).
- Across earlier years, FCF Margin came in at -37.79% in FY2024 (-0.77 pp), -37.02% in FY2023 (-22.47 pp), -14.55% in FY2022 (-12.63 pp) and -1.92% in FY2021 (-10.77 pp).
- Quarterly FCF Margin has ranged from -74.69% in Q1 2026 to 141.08% in Q4 2025 over the past five years.
- On a year-over-year basis, FCF Margin rose in five of the last eight quarters, with an average year-over-year change of +28.50 percentage points.
- Peak year-over-year performance for FCF Margin in the last five years was a gain of 162.66 percentage points in Q4 2025, against a drop of 32.12 percentage points in Q4 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at -17.86% (Q2 2026), -74.69% (Q1 2026) and 141.08% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 299.49 Bn | 296.88 Bn | - | - |
| 2 | Nextera Energy | 179.92 Bn | 166.66 Bn | - | 32.94% |
| 3 | Southern | 105.56 Bn | 96.61 Bn | 5.92 Bn | -9.19% |
| 4 | Duke Energy | 99.44 Bn | 95.69 Bn | 5.66 Bn | -18.34% |
| 5 | National Grid | 82.69 Bn | 64.32 Bn | - | - |
| 6 | American Electric Power | 68.52 Bn | 66.31 Bn | 4.75 Bn | -32.70% |
| 7 | Dominion Energy | 59.67 Bn | 57.66 Bn | - | -26.83% |
| 8 | Entergy | 52.06 Bn | 38.50 Bn | - | -10.94% |
| 9 | Sempra | 51.32 Bn | 50.45 Bn | 2.89 Bn | -30.63% |
| 10 | Aes | 10.64 Bn | 3.55 Bn | 982.00 Mn | -7.98% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -7.98% |
| Jun 30, 2026 | -17.86% |
| Mar 31, 2026 | -74.69% |
| Dec 31, 2025 | -1.52% |
| Sep 30, 2025 | 62.55% |
| Jun 30, 2025 | -12.96% |
| Mar 31, 2025 | -67.33% |
| Dec 31, 2024 | -21.57% |
| Sep 30, 2024 | -25.75% |
| Jun 30, 2024 | -43.95% |
| Mar 31, 2024 | -60.32% |
| Dec 31, 2023 | -57.41% |
| Sep 30, 2023 | -22.63% |
| Jun 30, 2023 | -42.39% |
| Mar 31, 2023 | -28.59% |
| Dec 31, 2022 | -25.29% |
| Sep 30, 2022 | -7.39% |
| Jun 30, 2022 | -15.76% |
| Mar 31, 2022 | -10.83% |
| Dec 31, 2021 | -2.13% |
API Access
Aes FCF 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=fcf-margin&ticker=AES&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-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=fcf-margin&ticker=AES&period=max&api_key=YOUR_API_KEY");
const data = await res.json();