Aes (AES) Noncontrolling Interests (2009 - 2026)
Aes' Minority Interest came in at $5.07 billion for Q3 2026, up 11.6% from $4.54 billion a year earlier and up 5.0% from the prior quarter.
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Analysis
Aes (AES) Noncontrolling Interests (2009 - 2026) Analysis & Trends
At the end of FY2025, Aes' Minority Interest was $5.04 billion, up 24.2% from FY2024.
- Minority Interest has increased in each of the last four years, with a five-year compound annual growth rate of 19.3% (FY2020 to FY2025).
- Going back by year, Minority Interest was $4.06 billion in FY2024 (+16.1%), $3.5 billion in FY2023 (+69.2%), $2.07 billion in FY2022 (+16.8%) and $1.77 billion in FY2021 (-15.2%).
- The Q3 2026 figure represents the highest quarterly Minority Interest in data going back to Q2 2009.
- Year-over-year, Minority Interest has increased for 16 consecutive quarters, with growth averaging 14.4% over the last eight quarters.
- The fastest year-over-year change in Minority Interest over five years came in Q3 2024 (growth of 79.5%), and the weakest in Q1 2022 (a decline of 27.1%).
- Business Quant data shows AES's Minority Interest at $4.83 billion (Q2 2026), $4.94 billion (Q1 2026) and $5.04 billion (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enel Chile | 299.49 Bn | 296.88 Bn | - |
| 2 | Nextera Energy | 179.92 Bn | 166.66 Bn | - |
| 3 | Southern | 105.56 Bn | 96.61 Bn | 5.92 Bn |
| 4 | Duke Energy | 99.44 Bn | 95.69 Bn | 5.66 Bn |
| 5 | National Grid | 82.69 Bn | 64.32 Bn | - |
| 6 | American Electric Power | 68.52 Bn | 66.31 Bn | 4.75 Bn |
| 7 | Dominion Energy | 59.67 Bn | 57.66 Bn | - |
| 8 | Entergy | 52.06 Bn | 38.50 Bn | - |
| 9 | Sempra | 51.32 Bn | 50.45 Bn | 2.89 Bn |
| 10 | Aes | 10.64 Bn | 3.55 Bn | 982.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 5.07 Bn |
| Jun 30, 2026 | 4.83 Bn |
| Mar 31, 2026 | 4.94 Bn |
| Dec 31, 2025 | 5.04 Bn |
| Sep 30, 2025 | 4.54 Bn |
| Jun 30, 2025 | 4.31 Bn |
| Mar 31, 2025 | 4.26 Bn |
| Dec 31, 2024 | 4.06 Bn |
| Sep 30, 2024 | 4.45 Bn |
| Jun 30, 2024 | 4.03 Bn |
| Mar 31, 2024 | 3.38 Bn |
| Dec 31, 2023 | 3.50 Bn |
| Sep 30, 2023 | 2.48 Bn |
| Jun 30, 2023 | 2.27 Bn |
| Mar 31, 2023 | 2.10 Bn |
| Dec 31, 2022 | 2.07 Bn |
| Sep 30, 2022 | 2.05 Bn |
| Jun 30, 2022 | 1.86 Bn |
| Mar 31, 2022 | 1.67 Bn |
| Dec 31, 2021 | 1.77 Bn |
API Access
Aes Noncontrolling Interests 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=noncontrolling-interests&ticker=AES&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "noncontrolling-interests", "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=noncontrolling-interests&ticker=AES&period=max&api_key=YOUR_API_KEY");
const data = await res.json();