Aes Corp (AES) Operating Margin (2017 - 2026)
Aes (AES) reported Operating Margin of 18.41% for Q2 2026, up 4.26 percentage points from 14.15% a year earlier and up 0.01 percentage points from the prior quarter.
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Analysis
Aes Corp (AES) Operating Margin (2017 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Aes' Operating Margin came in at 18.52%, up 3.86 percentage points year-over-year; for FY2025, it was 16.10%, down 0.40 percentage points from FY2024.
- Operating Margin has declined for five consecutive years, with a five-year change of -10.07 percentage points (FY2020 to FY2025).
- By year, Operating Margin came in at 16.50% in FY2024 (-1.25 pp), 17.75% in FY2023 (-0.80 pp), 18.55% in FY2022 (-4.29 pp) and 22.84% in FY2021 (-3.33 pp).
- Five-year quarterly Operating Margin spans a low of 11.14% in Q4 2024 and a high of 24.87% in Q3 2023.
- Year over year, Operating Margin has now increased in each of the last four quarters, with an average year-over-year change of +0.05 percentage points over the last eight quarters.
- The high point for year-over-year Operating Margin in five years was Q1 2026 (a gain of 5.96 percentage points); the low point was Q4 2021 (a drop of 14.71 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 18.40% (Q1 2026), 16.54% (Q4 2025) and 20.56% (Q3 2025).
Peer Set
Peer Comparison
Historic Data
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Historic 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% |
API Access
Aes Corp Operating 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=operating-margin&ticker=AES&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-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=operating-margin&ticker=AES&period=max&api_key=YOUR_API_KEY");
const data = await res.json();