Aes (AES) Operating Income (2009 - 2026)
Aes' Operating Income was $630 million in Q2 2026, up 55.9% from $404 million a year earlier and up 7.7% from the prior quarter.
Aes (AES) Operating Income (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Aes' Operating Income was $2.42 billion through Jun 30, 2026, up 37.1% year-over-year; for FY2025, it came in at $1.97 billion, down 2.8% from FY2024.
- Operating Income has now declined for four consecutive years, with a five-year compound annual growth rate of -4.9% (FY2020 to FY2025).
- In earlier years, Operating Income was $2.03 billion in FY2024 (-9.9%), $2.25 billion in FY2023 (-3.9%), $2.34 billion in FY2022 (-8.0%) and $2.55 billion in FY2021 (+0.7%).
- Quarterly Operating Income has moved between $330 million (Q4 2024) and $854 million (Q3 2023) over five years.
- Compared with a year earlier, Operating Income has increased for four straight quarters, with growth averaging 10.0% over the last eight quarters.
- The best year-over-year quarter for Operating Income over five years was Q1 2026 (growth of 60.7%); the worst was Q4 2021 (a decline of 39.2%).
- Per Business Quant data, AES's Operating Income in the three quarters before Q2 2026 was $585 million (Q1 2026), $513 million (Q4 2025) and $689 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 293.96 Bn | 293.96 Bn | 890.00 Mn | 685.00 Mn |
| 2 | National Grid | 78.23 Bn | 59.76 Bn | - | - |
| 3 | Dominion Energy | 53.03 Bn | 55.71 Bn | - | 329.00 Mn |
| 4 | Xcel Energy | 43.33 Bn | 38.23 Bn | - | 706.00 Mn |
| 5 | Wec Energy | 33.06 Bn | 33.29 Bn | 1.51 Bn | 432.80 Mn |
| 6 | Ameren | 27.51 Bn | 27.60 Bn | - | 459.00 Mn |
| 7 | Fortis | 26.94 Bn | 27.43 Bn | 1.60 Bn | 581.23 Mn |
| 8 | Atmos Energy | 26.53 Bn | 25.30 Bn | 870.85 Mn | 320.41 Mn |
| 9 | American Water Works Company | 25.62 Bn | 25.03 Bn | - | 542.00 Mn |
| 10 | Aes | 10.60 Bn | 8.61 Bn | 692.00 Mn | 630.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 630.00 Mn |
| Mar 31, 2026 | 585.00 Mn |
| Dec 31, 2025 | 513.00 Mn |
| Sep 30, 2025 | 689.00 Mn |
| Jun 30, 2025 | 404.00 Mn |
| Mar 31, 2025 | 364.00 Mn |
| Dec 31, 2024 | 330.00 Mn |
| Sep 30, 2024 | 665.00 Mn |
| Jun 30, 2024 | 487.00 Mn |
| Mar 31, 2024 | 544.00 Mn |
| Dec 31, 2023 | 430.00 Mn |
| Sep 30, 2023 | 854.00 Mn |
| Jun 30, 2023 | 426.00 Mn |
| Mar 31, 2023 | 539.00 Mn |
| Dec 31, 2022 | 505.00 Mn |
| Sep 30, 2022 | 841.00 Mn |
| Jun 30, 2022 | 517.00 Mn |
| Mar 31, 2022 | 478.00 Mn |
| Dec 31, 2021 | 523.00 Mn |
| Sep 30, 2021 | 721.00 Mn |
Aes Operating Income 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=operating-income&ticker=AES&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "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=operating-income&ticker=AES&period=max&api_key=YOUR_API_KEY");
const data = await res.json();