AES AES Business Segments
| FY'25 | FY'24 | FY'23 | FY'22 | ||
|---|---|---|---|---|---|
| Total Revenue by Business | |||||
| Energy Infrastructure | $5.4B-13.0% | $6.21B-8.8% | $6.81B-5.5% | $7.2B+7.5% | |
| New Energy Technologies | $1M0.0% | $1M-98.7% | $76M+2,433% | $3M-57.1% | |
| Utilities | $4.12B+14.2% | $3.61B+3.2% | $3.5B-3.4% | $3.62B+22.9% | |
| Segment Reporting, Other Segment Item, Amount by Business | |||||
| Energy Infrastructure | $113M-62.7% | $303M+17.4% | $258M+137% | $109M— | |
| Utilities | $296M+41.6% | $209M+34.8% | $155M+7.6% | $144M— | |
| Total Adjusted EBITDA by Business | |||||
| Energy Infrastructure | $1.13B-13.5% | $1.31B-12.6% | $1.5B-19.0% | $1.85B— | |
| Utilities | $863M+9.0% | $792M+16.8% | $678M+10.8% | $612M— | |
| Issued senior notes by Business | |||||
| Corporate Segment and Other Operating Segment | $6.9B— | —— | —— | —— | |
| Interest Income by Business | |||||
| Energy Infrastructure | $160M-31.0% | $232M-30.7% | $335M+36.2% | $246M+4.2% | |
| New Energy Technologies | $7M0.0% | $7M+250% | $2M— | $0— | |
| Utilities | $9M-25.0% | $12M0.0% | $12M+50.0% | $8M+60.0% | |
| Net equity in losses of affiliates by Business | |||||
| Energy Infrastructure | $9M-10.0% | $10M+66.7% | $6M-33.3% | $9M+325% | |
| Utilities | $8M+100% | $4M-20.0% | $5M-16.7% | $6M+100% | |
| Interest Expense by Business | |||||
| Energy Infrastructure | $305M-39.4% | $503M-8.5% | $550M+12.7% | $488M+15.6% | |
| New Energy Technologies | $0— | $0— | $0— | $0— | |
| Utilities | $300M+2.0% | $294M+21.0% | $243M+3.8% | $234M+7.3% | |
| Goodwill, Written off Related to Sale of Business Unit by Business | |||||
| Energy Infrastructure | $0— | —— | $0— | —— | |
| New Energy Technologies | $0— | —— | $0— | —— | |
| Renewables | $3M— | —— | $2M— | —— | |
| Utilities | $0— | —— | $0— | —— | |
| Depreciation, amortization, and accretion of AROs by Business | |||||
| Energy Infrastructure | $342M-2.0% | $349M-3.9% | $363M-12.7% | $416M-9.2% | |
| New Energy Technologies | $2M+100% | $1M0.0% | $1M-50.0% | $2M+100% | |
| Utilities | $524M+14.4% | $458M+14.5% | $400M+6.4% | $376M+4.2% | |
| Total Revenue by Product | |||||
| Electric Transmission | $4.04B+14.7% | $3.52B+2.9% | $3.42B-3.3% | $3.54B+23.4% | |
| Electricity, Generation | $8.2B-6.4% | $8.76B-5.3% | $9.25B+1.8% | $9.08B+9.7% | |
| Non-regulated revenue | $8.2B-6.4% | $8.76B-5.3% | $9.25B+1.8% | $9.08B+9.7% | |
| Regulated Revenue | $4.04B+14.7% | $3.52B+2.9% | $3.42B-3.3% | $3.54B+23.4% | |
| Other non-606 revenue by Product | |||||
| Non-regulated revenue | $602M-34.1% | $914M+14.2% | $800M+81.4% | $441M-35.8% | |
| Regulated Revenue | $31M+19.2% | $26M-18.8% | $32M+3.2% | $31M-16.2% | |
| Revenue from Contract with Customer, Including Assessed Tax by Product | |||||
| Non-regulated revenue | $7.59B-3.2% | $7.84B-7.1% | $8.45B-2.2% | $8.64B+13.9% | |
| Regulated Revenue | $4.01B+14.6% | $3.5B+3.1% | $3.39B-3.3% | $3.51B+23.9% | |
| Cost of Sales—Non-Regulated by Product | |||||
| Electricity | $37M+8.8% | $34M-12.8% | $39M0.0% | $39M— | |
| Electricity, Generation | $150M+4.9% | $143M-75.2% | $576M+63.6% | $352M+8.6% | |
| Cost of Product and Service Sold by Product | |||||
| Electric Transmission | $3.42B+14.8% | $2.98B-0.4% | $2.99B-5.4% | $3.16B+29.2% | |
| Electricity, Generation | $6.6B-5.5% | $6.99B-2.6% | $7.17B+3.9% | $6.91B+15.5% | |
| Revenue by Geography | |||||
| ARGENTINA | $366M+15.1% | $318M-21.9% | $407M-18.8% | $501M+28.5% | |
| Brazil | $0-100% | $616M-11.6% | $697M+24.5% | $560M+18.9% | |
| BULGARIA | $687M+43.7% | $478M-9.5% | $528M-33.2% | $790M+12.9% | |
| CHILE | $1.52B-1.2% | $1.53B-20.6% | $1.93B-6.4% | $2.06B-10.1% | |
| COLOMBIA | $422M-38.5% | $686M-2.8% | $706M+69.3% | $417M+8.9% | |
| DOMINICAN REPUBLIC | $1.36B-6.1% | $1.45B+3.6% | $1.4B-12.0% | $1.59B+46.4% | |
| El Salvador | $1.09B+4.8% | $1.04B+10.8% | $935M+3.7% | $902M+13.9% | |
| JORDAN | $6M-78.6% | $28M-71.1% | $97M-4.9% | $102M+4.1% | |
| Mexico | $760M+64.5% | $462M-13.8% | $536M-9.9% | $595M+26.3% | |
| Other Non-U.S. | $1M-50.0% | $2M-33.3% | $3M+200% | $1M-83.3% | |
| PANAMA | $649M-2.6% | $666M+3.4% | $644M-5.0% | $678M+13.9% | |
| PUERTO RICO | $404M-5.2% | $426M+58.4% | $269M-8.2% | $293M-5.8% | |
| UNITED STATES | $5.06B+7.8% | $4.69B+5.6% | $4.44B+8.5% | $4.09B+15.9% | |
| VIET NAM | $321M+2.9% | $312M-9.3% | $344M+6.5% | $323M+0.9% | |
| Financing Receivable, after Allowance for Credit Loss by Geography | |||||
| Chile | $220M+35.8% | $162M-66.5% | $483M+66.0% | $291M+101% | |
| UNITED STATES | $128M-25.6% | $172M— | —— | —— | |
| Financing Receivable, before Allowance for Credit Loss by Geography | |||||
| Chile | $220M+35.8% | $162M-66.5% | $483M+66.0% | $291M+101% | |
| UNITED STATES | $199M+6.4% | $187M— | —— | —— | |
| Financing Receivable, Allowance for Credit Loss by Geography | |||||
| Chile | $0— | $0— | $0— | $0— | |
| UNITED STATES | $71M+373% | $15M— | —— | —— |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does AES break its business down?
- AES (AES) reports total revenue by business across 4 parts — Corporate Other And Other Eliminations, Energy Infrastructure, New Energy Technologies and Utilities. Each is extracted from the segment footnotes and tracked over time.
- Where does AES's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in AES's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
