Aes (AES) Net Margin (2017 - 2026)
Aes (AES) reported Net Margin of 14.05% for Q3 2026, down 4.87 percentage points from 18.92% a year earlier but up 1.60 percentage points from the prior quarter.
Aes (AES) Net Margin (2017 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Aes' Net Margin came in at 13.13%, up 4.51 percentage points year-over-year; for FY2025, it was 7.36%, down 6.32 percentage points from FY2024.
- Net Margin has a five-year change of +6.88 percentage points (FY2020 to FY2025).
- By year, Net Margin came in at 13.67% in FY2024 (+11.71 pp), 1.97% in FY2023 (+6.29 pp), -4.33% in FY2022 (-0.66 pp) and -3.67% in FY2021 (-4.15 pp).
- Five-year quarterly Net Margin spans a low of -29.51% in Q4 2022 and a high of 18.92% in Q3 2025.
- Year over year, Net Margin gained in four of the last eight quarters, with an average year-over-year change of +2.07 percentage points.
- The high point for year-over-year Net Margin in five years was Q4 2023 (a gain of 26.34 percentage points); the low point was Q4 2021 (a drop of 35.24 percentage points).
- Per Business Quant data, the three quarters before Q3 2026 came in at 12.45% (Q2 2026), 15.31% (Q1 2026) and 10.48% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 299.49 Bn | 296.88 Bn | - | - |
| 2 | Nextera Energy | 179.92 Bn | 166.66 Bn | - | 59.02% |
| 3 | Southern | 105.56 Bn | 96.61 Bn | 5.92 Bn | 16.83% |
| 4 | Duke Energy | 99.44 Bn | 95.69 Bn | 5.66 Bn | 14.19% |
| 5 | National Grid | 82.69 Bn | 64.32 Bn | - | - |
| 6 | American Electric Power | 68.52 Bn | 66.31 Bn | 4.75 Bn | 11.05% |
| 7 | Dominion Energy | 59.67 Bn | 57.66 Bn | - | 7.59% |
| 8 | Entergy | 52.06 Bn | 38.50 Bn | - | 4.04% |
| 9 | Sempra | 51.32 Bn | 50.45 Bn | 2.89 Bn | 26.56% |
| 10 | Aes | 10.64 Bn | 3.55 Bn | 982.00 Mn | 14.05% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 14.05% |
| Jun 30, 2026 | 12.45% |
| Mar 31, 2026 | 15.31% |
| Dec 31, 2025 | 10.48% |
| Sep 30, 2025 | 18.92% |
| Jun 30, 2025 | -3.68% |
| Mar 31, 2025 | 1.57% |
| Dec 31, 2024 | 15.77% |
| Sep 30, 2024 | 15.32% |
| Jun 30, 2024 | 9.59% |
| Mar 31, 2024 | 14.00% |
| Dec 31, 2023 | -3.17% |
| Sep 30, 2023 | 6.73% |
| Jun 30, 2023 | -1.29% |
| Mar 31, 2023 | 4.66% |
| Dec 31, 2022 | -29.51% |
| Sep 30, 2022 | 11.61% |
| Jun 30, 2022 | -5.82% |
| Mar 31, 2022 | 4.03% |
| Dec 31, 2021 | -22.82% |
Aes Net 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=net-margin&ticker=AES&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-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=net-margin&ticker=AES&period=max&api_key=YOUR_API_KEY");
const data = await res.json();