Aes (AES) Return on Capital Employed [ROCE] (2009 - 2026)
Aes (AES) reported Return on Capital Employed [ROCE] of 5.38% for Q2 2026, up 1.07 percentage points from 4.31% a year earlier and up 0.39 percentage points from the prior quarter.
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Analysis
Aes (AES) Return on Capital Employed [ROCE] (2009 - 2026) Analysis & Trends
For FY2025, Aes posted Return on Capital Employed [ROCE] of 4.79%, down 0.60 percentage points from FY2024.
- Return on Capital Employed [ROCE] has declined for five consecutive years, with a five-year change of -4.00 percentage points (FY2020 to FY2025).
- By year, Return on Capital Employed [ROCE] came in at 5.40% in FY2024 (-1.66 pp), 7.06% in FY2023 (-0.96 pp), 8.02% in FY2022 (-0.74 pp) and 8.76% in FY2021 (-0.03 pp).
- The Q2 2026 figure ranks as the highest quarterly Return on Capital Employed [ROCE] since Q3 2024.
- Year over year, Return on Capital Employed [ROCE] gained in two of the last eight quarters, with an average year-over-year change of -0.80 percentage points.
- The high point for year-over-year Return on Capital Employed [ROCE] in five years was Q3 2021 (a gain of 1.97 percentage points); the low point was Q3 2022 (a drop of 1.93 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 4.99% (Q1 2026), 4.60% (Q4 2025) and 4.44% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 285.66 Bn | 285.66 Bn | 890.00 Mn | 34.35% |
| 2 | Nextera Energy | 159.27 Bn | 160.17 Bn | - | 4.32% |
| 3 | Southern | 96.02 Bn | 87.08 Bn | 5.92 Bn | 5.08% |
| 4 | Duke Energy | 88.50 Bn | 87.10 Bn | 6.74 Bn | 5.10% |
| 5 | National Grid | 78.31 Bn | 59.83 Bn | - | - |
| 6 | American Electric Power | 65.19 Bn | 63.57 Bn | 3.84 Bn | 4.97% |
| 7 | Dominion Energy | 53.46 Bn | 56.14 Bn | - | 3.53% |
| 8 | Sempra | 51.03 Bn | 50.16 Bn | 2.89 Bn | 4.60% |
| 9 | Entergy | 46.86 Bn | 36.05 Bn | - | 4.51% |
| 10 | Aes | 10.65 Bn | 8.66 Bn | 692.00 Mn | 5.38% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.38% |
| Mar 31, 2026 | 4.99% |
| Dec 31, 2025 | 4.60% |
| Sep 30, 2025 | 4.44% |
| Jun 30, 2025 | 4.31% |
| Mar 31, 2025 | 4.77% |
| Dec 31, 2024 | 5.03% |
| Sep 30, 2024 | 5.79% |
| Jun 30, 2024 | 6.15% |
| Mar 31, 2024 | 6.14% |
| Dec 31, 2023 | 6.57% |
| Sep 30, 2023 | 6.93% |
| Jun 30, 2023 | 7.05% |
| Mar 31, 2023 | 7.49% |
| Dec 31, 2022 | 7.41% |
| Sep 30, 2022 | 7.60% |
| Jun 30, 2022 | 7.62% |
| Mar 31, 2022 | 8.57% |
| Dec 31, 2021 | 8.70% |
| Sep 30, 2021 | 9.54% |
API Access
Aes Return on Capital Employed [ROCE] 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=return-on-capital-employed-%5Broce%5D&ticker=AES&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "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=return-on-capital-employed-%5Broce%5D&ticker=AES&period=max&api_key=YOUR_API_KEY");
const data = await res.json();