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AES AES Renewables — CapEx

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Other financials

Income statement

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Revenue$3.2B+8.7%
Gross profit$640.0M+45.1%
Net income$487.0M+959%
EPS (diluted)$0.68+871%

Balance sheet

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Cash & equivalents$2.3B-9.6%
Total debt$1.2B+17.8%
Total equity$4.4B+27.5%
Total assets$52.8B+8.6%

Cash flow

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Operating cash flow$1.2B+120%
CapEx$1.8B+40.8%
Free cash flow-$565.0M+20.3%

Valuation

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Market cap$10.43B+13.6%
P/E7.7×+0.6×
P/S0.8×+0.1×

Profitability

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Gross margin19.3%+1.7pp
Net margin10.8%+0.2pp
FCF margin-11.8%-4.4pp

Returns & leverage

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Return on equity34.3%-6.4pp
Debt / equity0.3×0.0×
Current ratio0.7×-0.1×

Where this comes from

Reported directly by AES in its filing.

Tagged under the XBRL concept aes:CapitalExpenditures.

The official record: AES’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is AES's renewables — capex?
AES (AES) reported renewables — capex of $1.41B in Q1 2026.
What does renewables — capex mean?
Cash spent on building or upgrading renewable energy projects.
How do you interpret renewables — capex?
High spending indicates aggressive growth or infrastructure renewal, while low spending may signal a shift toward harvesting cash from existing assets.
How does renewables — capex compare across companies?
Standard metric for assessing growth investment levels in utility and energy companies.