Aes (AES) Net Margin (2017 - 2026)
Aes (AES) reported Net Margin of 12.45% for Q2 2026, up 16.13 percentage points from -3.68% a year earlier but down 2.87 percentage points from the prior quarter.
Aes (AES) Net Margin (2017 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Aes' Net Margin came in at 14.34%, up 6.76 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 five of the last eight quarters, with an average year-over-year change of +3.75 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 Q2 2026 came in at 15.31% (Q1 2026), 10.48% (Q4 2025) and 18.92% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 293.96 Bn | 293.96 Bn | 890.00 Mn | 11.99% |
| 2 | National Grid | 78.23 Bn | 59.76 Bn | - | - |
| 3 | Dominion Energy | 53.03 Bn | 55.71 Bn | - | 7.59% |
| 4 | Xcel Energy | 43.33 Bn | 38.23 Bn | - | 18.79% |
| 5 | Wec Energy | 33.06 Bn | 33.29 Bn | 1.51 Bn | 14.51% |
| 6 | Ameren | 27.51 Bn | 27.60 Bn | - | 15.01% |
| 7 | Fortis | 26.94 Bn | 27.43 Bn | 1.60 Bn | 13.51% |
| 8 | Atmos Energy | 26.53 Bn | 25.30 Bn | 870.85 Mn | 27.61% |
| 9 | American Water Works Company | 25.62 Bn | 25.03 Bn | - | 23.25% |
| 10 | Aes | 10.60 Bn | 8.61 Bn | 692.00 Mn | 12.45% |
Historic Data
| Date | Value |
|---|---|
| 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% |
| Sep 30, 2021 | 11.30% |
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();