Aes (AES) Operating Income (2009 - 2026)
Aes' Operating Income was $914 million in Q3 2026, up 32.7% from $689 million a year earlier and up 45.1% from the prior quarter.
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Analysis
Aes (AES) Operating Income (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Aes' Operating Income was $2.64 billion through Sep 30, 2026, up 47.8% 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%).
- The Q3 2026 figure marks the highest quarterly Operating Income since Q1 2012.
- Compared with a year earlier, Operating Income has increased for five straight quarters, with growth averaging 16.9% 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 Q3 2026 was $630 million (Q2 2026), $585 million (Q1 2026) and $513 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Wisconsin Electric Power | 99,216.00 Bn | 99,215.99 Bn | 911.30 Mn | 397.20 Mn |
| 2 | Enel Chile | 301.57 Bn | 301.57 Bn | 1.33 Bn | 1.02 Bn |
| 3 | Nextera Energy | 180.93 Bn | 179.04 Bn | - | 2.62 Bn |
| 4 | Southern | 109.04 Bn | 101.70 Bn | 7.31 Bn | 3.00 Bn |
| 5 | Duke Energy | 100.59 Bn | 99.24 Bn | 6.37 Bn | 2.75 Bn |
| 6 | National Grid | 86.94 Bn | 59.27 Bn | - | - |
| 7 | American Electric Power | 69.61 Bn | 68.67 Bn | 4.75 Bn | 1.81 Bn |
| 8 | Entergy | 53.37 Bn | 42.94 Bn | - | 1.48 Bn |
| 9 | Sempra | 51.29 Bn | 84.11 Bn | - | - |
| 10 | Aes | 10.65 Bn | 8.64 Bn | 982.00 Mn | 914.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 914.00 Mn |
| 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 |
API Access
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_KEYimport 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();