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AES AES Return on invested capital

Return on invested capital at other companies

Nextra Energy logo
Nextra EnergyNEE
5.8%-0.3pp
Duke Energy logo
Duke EnergyDUK
5.7%+0.2pp
Clearway Energy, Inc. logo
Clearway Energy, Inc.CWEN
1.4%-0.4pp
XPLR Infrastructure logo
XPLR InfrastructureXIFR
-0%0.0pp
Entergy logo
EntergyETR
6.5%+0.9pp
New Jersey Resources logo
New Jersey ResourcesNJR
6.8%-1.8pp

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$10.49B+14.7%
P/E7.8×-2.2×
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

Calculated from AES’s reported figures.

Based on trailing twelve months.

The source filing: AES’s 10-Q, filed May 5, 2026. Open the filing →

Filed
May 5, 2026, 4:06 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000874761-26-000120

FAQ

What is AES's return on invested capital?
AES (AES) reported return on invested capital of 117.4% in Q4 2024.
What is the long-term trend for AES's return on invested capital?
Over 3 years (2020 to 2024), AES's return on invested capital has grown at a 27.0% compound annual growth rate (CAGR), from 57.3% to 117.4%.
What does return on invested capital mean?
Net operating profit after tax (operating income taxed at the effective rate) divided by average invested capital (debt plus equity minus cash). Measures the after-tax return on all capital put to work in the business, independent of capital structure.

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