Aes (AES) Return on Invested Capital [ROIC] (2009 - 2026)
Aes (AES) reported Return on Invested Capital [ROIC] of 18.74% for Q2 2026, up 12.18 percentage points from 6.56% a year earlier and up 9.74 percentage points from the prior quarter.
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Analysis
Aes (AES) Return on Invested Capital [ROIC] (2009 - 2026) Analysis & Trends
For FY2025, Aes posted Return on Invested Capital [ROIC] of 5.57%, down 0.07 percentage points from FY2024.
- Return on Invested Capital [ROIC] has a five-year change of -0.96 percentage points (FY2020 to FY2025).
- By year, Return on Invested Capital [ROIC] came in at 5.64% in FY2024 (+5.64 pp), 0.00% in FY2023 (-10.31 pp), 10.31% in FY2022 (-0.63 pp) and 10.95% in FY2021 (+4.42 pp).
- The Q2 2026 figure ranks as the highest quarterly Return on Invested Capital [ROIC] in data going back to Q3 2009.
- Year over year, Return on Invested Capital [ROIC] has now increased in each of the last seven quarters, with an average year-over-year change of +4.14 percentage points over the last eight quarters.
- The high point for year-over-year Return on Invested Capital [ROIC] in five years was Q3 2025 (a gain of 14.22 percentage points); the low point was Q3 2024 (a drop of 12.79 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 9.00% (Q1 2026), 8.05% (Q4 2025) and 14.77% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 287.73 Bn | 287.73 Bn | 890.00 Mn | - |
| 2 | Nextera Energy | 160.25 Bn | 161.15 Bn | - | 4.94% |
| 3 | Southern | 96.31 Bn | 87.36 Bn | 5.92 Bn | 5.14% |
| 4 | Duke Energy | 88.79 Bn | 87.40 Bn | 6.74 Bn | 5.41% |
| 5 | National Grid | 79.16 Bn | 60.69 Bn | - | - |
| 6 | American Electric Power | 65.09 Bn | 63.47 Bn | 3.84 Bn | 5.55% |
| 7 | Dominion Energy | 53.95 Bn | 56.63 Bn | - | 3.52% |
| 8 | Sempra | 51.22 Bn | 50.35 Bn | 2.89 Bn | 3.27% |
| 9 | Entergy | 47.09 Bn | 36.28 Bn | - | 4.68% |
| 10 | Aes | 10.63 Bn | 8.65 Bn | 692.00 Mn | 18.74% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 18.74% |
| Mar 31, 2026 | 9.00% |
| Dec 31, 2025 | 8.05% |
| Sep 30, 2025 | 14.77% |
| Jun 30, 2025 | 6.56% |
| Mar 31, 2025 | 6.71% |
| Dec 31, 2024 | 5.39% |
| Sep 30, 2024 | 0.55% |
| Jun 30, 2024 | 4.13% |
| Mar 31, 2024 | 0.00% |
| Dec 31, 2023 | 0.00% |
| Sep 30, 2023 | 13.34% |
| Jun 30, 2023 | 9.15% |
| Mar 31, 2023 | 9.50% |
| Dec 31, 2022 | 9.58% |
| Sep 30, 2022 | 10.19% |
| Jun 30, 2022 | 9.90% |
| Mar 31, 2022 | 10.68% |
| Dec 31, 2021 | 10.62% |
| Sep 30, 2021 | 10.04% |
API Access
Aes Return on Invested Capital [ROIC] 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-invested-capital-%5Broic%5D&ticker=AES&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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-invested-capital-%5Broic%5D&ticker=AES&period=max&api_key=YOUR_API_KEY");
const data = await res.json();