The AES Corporation, together with its subsidiaries, operates as a power generation and utility company in the United States and internationally. The company owns and/or operates power plants to generate and sell power to customers, such as utilities, industrial users, and other intermediaries; owns and/or operates utilities to generate or purchase, distribute, transmit, and sell electricity to end-user customers in the residential, commercial, industrial, and governmental sectors; and generates and sells electricity on the wholesale market. It uses various fuels and technologies to generate electricity, such as coal, gas, hydro, wind, solar, and biomass, as well as renewables comprising energy storage and landfill gas. The company owns and/or operates a generation portfolio of approximately 32,109 megawatts and distributes power to 2.7 million customers. The company was formerly known as Applied Energy Services, Inc. and changed its name to The AES Corporation in April 2000. The AES Corporation was incorporated in 1981 and is headquartered in Arlington, Virginia.
Future Outlook | Analyst price targets range from $17 to $23, reflecting mixed views on AES's ability to overcome near-term hurdles and capitalize on long-term growth |
Market Dynamics | Explore AES's competitive positioning in the evolving energy sector, balancing its global presence against fierce competition in renewable markets |
Financial Crossroads | Facing a $1.5 billion funding gap, AES considers strategic asset sales and potential equity issuance to support its ambitious growth plans |
Renewable Ambitions | AES aims to add 25-30 GW of renewable energy capacity by 2027, positioning itself as a leader in the clean energy transition amid execution challenges |
Metrics to compare | AES | Sector Sector - Average of metrics from a broad group of related Utilities sector companies | Relationship RelationshipAESPeersSector | |
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P/E Ratio | 6.0x | 21.9x | 12.2x | |
PEG Ratio | 0.04 | 0.56 | 0.02 | |
Price / Book | 2.3x | 1.8x | 1.3x | |
Price / LTM Sales | 0.7x | 2.9x | 1.5x | |
Upside (Analyst Target) | 26.5% | 12.4% | 12.1% | |
Fair Value Upside | Unlock | −6.9% | 3.5% | Unlock |