Aes (AES) Operating Margin (2017 - 2026)
Aes (AES) posted quarterly Operating Margin of 18.4% for Q1 2026, up 596.0% year-over-year from 2.64% in Q1 2025, and up 11.2% quarter-over-quarter from 16.54% in Q4 2025.
Aes (AES) Operating Margin (2017 - 2026) Analysis & Trends
Aes' Operating Margin history runs 10 years deep, the most recent figure standing at 18.4% for Q1 2026.
- In Q1 2026, Operating Margin rose 596.0% year-over-year to 18.4%; the TTM figure through Mar 2026 stood at 17.55% (up 231.0% YoY), while the FY2025 annual figure was 16.1%, down 40.0% from the prior year.
- Operating Margin for Q1 2026 stood at 18.4%, up from 16.54% in the prior quarter.
- The five-year high for Operating Margin was 24.87% in Q3 2023, with the low at 11.14% in Q4 2024.
- The 5-year median for Operating Margin is 16.64% (2023), against an average of 17.12%.
- The sharpest annual moves came in 2022 and 2026: Operating Margin slumped 850 bps in 2022, then jumped 596 bps in 2026.
- Aes' Operating Margin stood at 16.5% in 2022, then retreated by 12 bps to 14.49% in 2023, then slipped by 23 bps to 11.14% in 2024, then soared by 48 bps to 16.54% in 2025, then grew by 11 bps to 18.4% in 2026.
- Business Quant data shows AES's Operating Margin at 18.4% in Q1 2026, 16.54% in Q4 2025, and 20.56% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Aes | 10.53 Bn | 8.67 Bn | 692.00 Mn | 18.41% |
| 2 | Brookfield Infrastructure Partners | 7.90 Bn | 4.39 Bn | 1.59 Bn | 22.77% |
| 3 | Algonquin Power & Utilities | 4.48 Bn | 4.41 Bn | 325.50 Mn | 15.37% |
| 4 | Avista | 3.18 Bn | 2.99 Bn | - | 13.08% |
| 5 | Unitil | 970.86 Mn | 961.66 Mn | 93.20 Mn | 13.16% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 18.41% |
| Mar 31, 2026 | 18.40% |
| Dec 31, 2025 | 16.54% |
| Sep 30, 2025 | 20.56% |
| Jun 30, 2025 | 14.15% |
| Mar 31, 2025 | 12.44% |
| Dec 31, 2024 | 11.14% |
| Sep 30, 2024 | 20.22% |
| Jun 30, 2024 | 16.55% |
| Mar 31, 2024 | 17.63% |
| Dec 31, 2023 | 14.49% |
| Sep 30, 2023 | 24.87% |
| Jun 30, 2023 | 14.07% |
| Mar 31, 2023 | 16.64% |
| Dec 31, 2022 | 16.50% |
| Sep 30, 2022 | 23.19% |
| Jun 30, 2022 | 16.80% |
| Mar 31, 2022 | 16.76% |
| Dec 31, 2021 | 18.88% |
| Sep 30, 2021 | 23.75% |