The AES Corporation (FRA:AES)

The AES Corporation Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	12,032	12,278	12,668	12,617	11,141	9,660
Revenue Growth (YoY)	-3.19%	-3.08%	0.40%	13.25%	15.33%	-5.19%
Selling, General & Admin	273	288	255	207	166	165
Other Operating Expenses	10,006	9,974	10,176	10,064	8,409	6,967
Total Operating Expenses	10,279	10,262	10,431	10,271	8,575	7,132
Operating Income	1,753	2,016	2,237	2,346	2,566	2,528
Interest Expense	-1,433	-1,485	-1,319	-1,117	-911	-1,038
Interest Income	331	385	557	392	299	268
Net Interest Expense	-1,102	-1,100	-762	-725	-612	-770
Income (Loss) on Equity Investments	-70	-26	-32	-71	-24	-123
Currency Exchange Gain (Loss)	-37	31	-359	-77	-10	55
Other Non-Operating Income (Expenses)	-278	-25	2	14	-15	-3
EBT Excluding Unusual Items	266	896	1,086	1,487	1,905	1,687
Impairment of Goodwill	-	-	-12	-777	-	-
Gain (Loss) on Sale of Investments	-62	-62	-226	-224	254	-201
Gain (Loss) on Sale of Assets	367	342	104	-22	-1,673	-56
Asset Writedown	-123	-312	-841	-687	-1,575	-864
Insurance Settlements	12	12	6	12	-	-
Legal Settlements	-	-	2	-2	51	-15
Other Unusual Items	-11	-8	-47	-27	-50	-186
Pretax Income	449	868	72	-240	-1,088	365
Income Tax Expense	294	59	261	265	-133	216
Earnings From Continuing Ops.	155	809	-189	-505	-955	149
Earnings From Discontinued Ops.	-7	-7	7	-	4	3
Net Income to Company	148	802	-182	-505	-951	152
Minority Interest in Earnings	774	877	431	-41	542	-106
Net Income	922	1,679	249	-546	-409	46
Net Income to Common	912	1,679	249	-546	-409	46
Net Income Growth	22.28%	574.30%	-	-	-	-84.82%
Shares Outstanding (Basic)	724	706	669	668	666	665
Shares Outstanding (Diluted)	725	713	712	668	666	668
Shares Change (YoY)	1.79%	0.14%	6.59%	0.30%	-0.30%	0.15%
EPS (Basic)	1.26	2.38	0.37	-0.82	-0.61	0.07
EPS (Diluted)	1.26	2.36	0.35	-0.82	-0.61	0.06
EPS Growth	18.76%	572.18%	-	-	-	-85.72%
Free Cash Flow	-2,551	-4,640	-4,690	-1,836	-214	855
Free Cash Flow Per Share	-3.52	-6.51	-6.59	-2.75	-0.32	1.28
Dividend Per Share	0.700	0.693	0.670	0.640	0.610	0.580
Dividend Growth	2.48%	3.47%	4.74%	4.99%	5.01%	4.99%
Profit Margin	7.58%	13.68%	1.97%	-4.33%	-3.67%	0.48%
Free Cash Flow Margin	-21.20%	-37.79%	-37.02%	-14.55%	-1.92%	8.85%
EBITDA	3,075	3,280	3,384	3,418	3,622	3,596
EBITDA Margin	25.56%	26.71%	26.71%	27.09%	32.51%	37.23%
D&A For EBITDA	1,322	1,264	1,147	1,072	1,056	1,068
EBIT	1,753	2,016	2,237	2,346	2,566	2,528
EBIT Margin	14.57%	16.42%	17.66%	18.59%	23.03%	26.17%
Effective Tax Rate	65.48%	6.80%	362.50%	-	-	59.18%
Revenue as Reported	12,032	12,278	12,668	12,617	11,141	9,660

Source: S&P Global Market Intelligence. Utility template. Financial Sources.