AES (AES) Revenue & Revenue Breakdown


OverviewForecastOwnershipFinancialsChartTranscripts

AES Revenue Highlights


Latest Revenue (Y)

$12.28B

Latest Revenue (Q)

$3.29B

Main Segment (Y)

Energy Infrastructure

Main Geography (Y)

Total Non Us

AES Revenue by Period


AES Revenue by Year

DateRevenueChange
2024-12-31$12.28B-3.08%
2023-12-31$12.67B0.40%
2022-12-31$12.62B13.25%
2021-12-31$11.14B15.33%
2020-12-31$9.66B-5.19%
2019-12-31$10.19B-5.10%
2018-12-31$10.74B1.96%
2017-12-31$10.53B2.42%
2016-12-31$10.28B-8.69%
2015-12-31$11.26B-30.17%
2014-12-31$16.12B1.47%
2013-12-31$15.89B-12.36%
2012-12-31$18.13B4.55%
2011-12-31$17.34B4.68%
2010-12-31$16.57B18.93%
2009-12-31$13.93B-13.31%
2008-12-31$16.07B18.27%
2007-12-31$13.59B17.38%
2006-12-31$11.58B12.97%
2005-12-31$10.25B9.10%
2004-12-31$9.39B11.64%
2003-12-31$8.41B14.00%
2002-12-31$7.38B17.16%
2001-12-31$6.30B1.50%
2000-12-31$6.21B90.78%
1999-12-31$3.25B35.65%
1998-12-31$2.40B69.95%
1997-12-31$1.41B68.98%
1996-12-31$835.00M22.97%
1995-12-31$679.00M27.46%
1994-12-31$532.70M2.70%
1993-12-31$518.70M-

AES generated $12.28B in revenue during NA 2024, up -3.08% compared to the previous quarter, and up 120.50% compared to the same period a year ago.

AES Revenue by Quarter

DateRevenueChange
2024-09-30$3.29B11.79%
2024-06-30$2.94B-4.64%
2024-03-31$3.08B3.94%
2023-12-31$2.97B-13.57%
2023-09-30$3.43B13.45%
2023-06-30$3.03B-6.55%
2023-03-31$3.24B5.85%
2022-12-31$3.06B-15.63%
2022-09-30$3.63B17.84%
2022-06-30$3.08B7.92%
2022-03-31$2.85B2.96%
2021-12-31$2.77B-8.76%
2021-09-30$3.04B12.44%
2021-06-30$2.70B2.47%
2021-03-31$2.63B2.93%
2020-12-31$2.56B0.59%
2020-09-30$2.54B14.79%
2020-06-30$2.22B-5.18%
2020-03-31$2.34B-3.83%
2019-12-31$2.43B-7.39%
2019-09-30$2.63B5.72%
2019-06-30$2.48B-6.30%
2019-03-31$2.65B1.07%
2018-12-31$2.62B-7.58%
2018-09-30$2.84B11.82%
2018-06-30$2.54B-7.41%
2018-03-31$2.74B3.67%
2017-12-31$2.64B-1.86%
2017-09-30$2.69B3.06%
2017-06-30$2.61B1.24%
2017-03-31$2.58B-27.17%
2016-12-31$3.54B0.06%
2016-09-30$3.54B9.69%
2016-06-30$3.23B-6.97%
2016-03-31$3.47B-16.00%
2014-12-31$4.13B-6.96%
2014-09-30$4.44B3.02%
2014-06-30$4.31B1.15%
2014-03-31$4.26B12.66%
2013-12-31$3.78B-5.50%
2013-09-30$4.00B-1.60%
2013-06-30$4.07B-4.62%
2013-03-31$4.26B-7.72%
2012-12-31$4.62B0.76%
2012-09-30$4.59B9.42%
2012-06-30$4.19B-11.56%
2012-03-31$4.74B14.02%
2011-12-31$4.16B-5.11%
2011-09-30$4.38B-3.59%
2011-06-30$4.54B6.57%
2011-03-31$4.26B-3.18%
2010-12-31$4.40B6.09%
2010-09-30$4.15B3.23%
2010-06-30$4.02B-2.21%
2010-03-31$4.11B20.66%
2009-12-31$3.41B-11.20%
2009-09-30$3.84B9.81%
2009-06-30$3.50B3.46%
2009-03-31$3.38B-2.79%
2008-12-31$3.48B-20.02%
2008-09-30$4.34B4.80%
2008-06-30$4.15B1.02%
2008-03-31$4.10B12.01%
2007-12-31$3.66B-

AES generated $3.29B in revenue during Q3 2024, up 11.79% compared to the previous quarter, and up 108.66% compared to the same period a year ago.

AES Revenue Breakdown


AES Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 24Dec 23Dec 22Dec 21Dec 20
New Energy Technologies$1.00M$76.00M---
Utilities$3.61B$3.50B---
Renewables$2.51B$2.34B---
Energy Infrastructure$6.24B$6.84B---
Electric Distribution-$3.42B$3.54B$2.87B$2.66B
Electricity, Generation-$9.24B$9.08B$8.27B$7.00B

AES's latest annual revenue breakdown by segment (product or service), as of Dec 24: Energy Infrastructure (50.48%), Utilities (29.20%), Renewables (20.31%), and New Energy Technologies (0.01%).

Quarterly Revenue by Product

Product/ServiceDec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20
Utilities$878.00M$961.00M$896.00M$873.00M----------------
Energy Infrastructure$1.53B$1.62B$1.47B$1.61B----------------
New Energy Technologies-$1.00M------------------
Renewables$569.00M$726.00M$596.00M$619.00M----------------
Electric Distribution----$774.00M$863.00M$834.00M$952.00M$925.00M$976.00M$802.00M$835.00M$721.00M$768.00M$672.00M$707.00M$645.00M$680.00M$624.00M$712.00M
Electricity, Generation----$2.19B$2.57B$2.19B$2.29B$2.13B$2.65B$2.28B$2.02B$2.05B$2.27B$2.03B$1.93B$1.92B$1.86B$1.59B$1.63B

AES's latest quarterly revenue breakdown by segment (product or service), as of Dec 24: Energy Infrastructure (51.43%), Utilities (29.47%), and Renewables (19.10%).

AES Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 24Dec 23Dec 22Dec 21Dec 20
PANAMA$666.00M$644.00M$678.00M$595.00M$519.00M
BULGARIA$478.00M$528.00M---
ARGENTINA$318.00M$407.00M$501.00M$390.00M$308.00M
BRAZIL$616.00M$697.00M$560.00M$471.00M$401.00M
EL SALVADOR$1.04B$935.00M$902.00M$792.00M$666.00M
CHILE$1.53B$1.93B$2.06B$2.30B$2.09B
DOMINICAN REPUBLIC$1.45B$1.40B$1.59B$1.09B$896.00M
COLOMBIA$686.00M$706.00M$417.00M$383.00M$358.00M
Total Non Us$7.59B$8.23B$8.52B$7.61B$6.42B
MEXICO$462.00M$536.00M$595.00M$471.00M$349.00M
JORDAN$28.00M$97.00M$102.00M$98.00M$96.00M
VIET NAM$312.00M$344.00M$323.00M$320.00M$285.00M
UNITED STATES$4.69B$4.44B$4.09B$3.53B$3.24B
PUERTO RICO$426.00M$269.00M$293.00M$311.00M$298.00M
Other Non Us-$3.00M$1.00M$6.00M$3.00M
PHILIPPINES-----

AES's latest annual revenue breakdown by geography, as of Dec 24: Total Non Us (37.40%), UNITED STATES (23.11%), CHILE (7.56%), DOMINICAN REPUBLIC (7.15%), EL SALVADOR (5.11%), COLOMBIA (3.38%), PANAMA (3.28%), BRAZIL (3.04%), BULGARIA (2.36%), MEXICO (2.28%), PUERTO RICO (2.10%), ARGENTINA (1.57%), VIET NAM (1.54%), and JORDAN (0.14%).

Quarterly Revenue by Country

CountryDec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Dec 18Sep 18Jun 18Mar 18
EURASIA$270.00M$261.00M$318.00M$368.00M$319.00M$257.00M$277.00M$270.00M$194.00M$195.00M$214.00M$225.00M$246.00M$197.00M$265.00M$339.00M$320.00M$224.00M$292.00M$331.00M
South American SBU-$926.00M$880.00M$810.00M$896.00M$964.00M$884.00M-------------
South America---------$850.00M$711.00M$712.00M$770.00M$828.00M$765.00M$845.00M$869.00M$923.00M$846.00M$894.00M

AES's latest quarterly revenue breakdown by geography, as of Dec 22: EURASIA (100.00%).

AES Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
ELPCompanhia Paranaense de Energia - COPEL$21.48B$5.42B
BIPBrookfield Infrastructure Partners$17.93B$5.19B
AESAES$12.28B$3.29B
BKHBlack Hills$2.13B$402.60M
ALEALLETE$1.53B$407.20M
NWENorthwestern Energy Group$1.51B$345.16M
OTTROtter Tail$1.33B$338.03M
AVAAvista$1.30B$402.07M
MNTKMontauk Renewables$61.00K$65.92M

AES Revenue FAQ


What is AES’s yearly revenue?

AES's yearly revenue for 2024 was $12.28B, representing a decrease of -3.08% compared to 2023. The company's yearly revenue for 2023 was $12.67B, representing an increase of 0.40% compared to 2022. AES's yearly revenue for 2022 was $12.62B, representing an increase of 13.25% compared to 2021.

What is AES’s quarterly revenue?

AES's quarterly revenue for Q3 2024 was $3.29B, a 11.79% increase from the previous quarter (Q2 2024), and a -4.22% decrease year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $2.94B, a -4.64% decrease from the previous quarter (Q1 2024), and a -2.81% decrease year-over-year (Q2 2023). AES's quarterly revenue for Q1 2024 was $3.08B, a 3.94% increase from the previous quarter (Q4 2023), and a -4.75% decrease year-over-year (Q1 2023).

What is AES’s revenue growth rate?

AES's revenue growth rate for the last 3 years (2022-2024) was -2.69%, and for the last 5 years (2020-2024) was 27.10%.

What are AES’s revenue streams?

AES's revenue streams in c 24 are New Energy Technologies, Utilities, Renewables, and Energy Infrastructure. New Energy Technologies generated $1M in revenue, accounting 0.01% of the company's total revenue, down -98.68% year-over-year. Utilities generated $3.61B in revenue, accounting 29.20% of the company's total revenue, up 3.23% year-over-year. Renewables generated $2.51B in revenue, accounting 20.31% of the company's total revenue, up 7.31% year-over-year. Energy Infrastructure generated $6.24B in revenue, accounting 50.48% of the company's total revenue, down -8.75% year-over-year.

What is AES’s main source of revenue?

For the fiscal year ending Dec 24, the largest source of revenue of AES was Energy Infrastructure. This segment made a revenue of $6.24B, representing 50.48% of the company's total revenue.