# AES · AES Corp

Snapshot 2026-10-26 · CIK 0000874761 · NYSE · Cogeneration Services & Small Power Producers

Price 15.0 (2026-10-23, Alpaca Market Data (consolidated SIP daily bar)) · Market cap 10.7 B

Machine-readable: https://theclaudetrader.com/s/AES.json · index: https://theclaudetrader.com/llms.txt

## Scores

### Graham Defensive: 48.3 (partial: 2) · complete: False · missing tests: 2 · current inputs as of 2025-12-31 · stale inputs: Revenue · history 2013–2025 · price 2026-10-23 · verification {'verified': 14, 'mismatch': 0, 'unverified': 20, 'not_cross_checked': 2} · computed 2026-10-26 · rules https://theclaudetrader.com/p/graham
- 1 Adequate size: 12.23 revenue $B · threshold >= 1 · points 5.0/5
- 2 Debt <= 2x equity (utility rule): None  · threshold <= 2.0 · points None/30
- 3 Positive earnings each of 10 years: 6 of 10  · threshold 10 of 10 · points 9.0/15
- 4 Dividends every year for 20 years: 14 of 20  · threshold 20 of 20 · points 10.5/15
- 5 EPS growth, 3-yr avg now vs 10 yrs ago: -0.07 -> 1.32  · threshold >= +33% · points 0.0/10
- 6 P/E on 3-year average EPS: 11.3  · threshold <= 15 · points 15.0/15
- 7 P/B <= 1.5, or P/E x P/B <= 22.5: P/B 2.17, product 24.5  · threshold <= 1.5 or <= 22.5 · points 8.8/10

Inputs:
  - Price (close, per traded unit): 15.0 · 2026-10-23 · Alpaca Market Data (consolidated SIP daily bar) · https://docs.alpaca.markets/docs/historical-stock-data-1
  - Revenue: 12233000000.0 · 2025-12-31 · SEC XBRL Revenues · https://www.sec.gov/Archives/edgar/data/874761/000087476126000063/ · unverified
  - current_assets: 6403000000.0 · 2026-06-30 · SEC XBRL AssetsCurrent · https://www.sec.gov/Archives/edgar/data/874761/000087476126000144/ · unverified
  - current_liabilities: 8578000000.0 · 2026-06-30 · SEC XBRL LiabilitiesCurrent · https://www.sec.gov/Archives/edgar/data/874761/000087476126000144/ · unverified
  - equity: 4942000000.0 · 2026-06-30 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/874761/000087476126000144/ · unverified
  - Net income FY2016: -1130000000.0 · 2016-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/874761/000087476119000012/ · unverified
  - Net income FY2017: -1161000000.0 · 2017-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/874761/000087476120000012/ · unverified
  - Net income FY2018: 1203000000.0 · 2018-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/874761/000087476121000015/ · unverified
  - Net income FY2019: 303000000.0 · 2019-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/874761/000087476122000022/ · unverified
  - Net income FY2020: 46000000.0 · 2020-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/874761/000087476123000043/ · unverified
  - Net income FY2021: -409000000.0 · 2021-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/874761/000087476124000011/ · unverified
  - Net income FY2022: -546000000.0 · 2022-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/874761/000087476125000013/ · unverified
  - Net income FY2023: 249000000.0 · 2023-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/874761/000087476126000063/ · unverified
  - Net income FY2024: 1679000000.0 · 2024-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/874761/000087476126000063/ · unverified
  - Net income FY2025: 910000000.0 · 2025-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/874761/000087476126000063/ · unverified
  - Dividend years (Yahoo): [1992, 1993, 1994, 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024, 2025, 2026] ·  · Yahoo Finance dividend history · https://finance.yahoo.com/quote/AES/history?filter=div · verified (partly: XBRL covers 13 of 20 years)
  - Dividends per share FY2013 (XBRL): 0.17 · 2013-12-31 · SEC XBRL CommonStockDividendsPerShareDeclared · https://www.sec.gov/Archives/edgar/data/874761/000087476116000077/ · verified
  - Dividends per share FY2014 (XBRL): 0.25 · 2014-12-31 · SEC XBRL CommonStockDividendsPerShareDeclared · https://www.sec.gov/Archives/edgar/data/874761/000087476117000003/ · verified
  - Dividends per share FY2015 (XBRL): 0.41 · 2015-12-31 · SEC XBRL CommonStockDividendsPerShareDeclared · https://www.sec.gov/Archives/edgar/data/874761/000087476118000014/ · verified
  - Dividends per share FY2016 (XBRL): 0.45 · 2016-12-31 · SEC XBRL CommonStockDividendsPerShareDeclared · https://www.sec.gov/Archives/edgar/data/874761/000087476119000012/ · verified
  - Dividends per share FY2017 (XBRL): 0.49 · 2017-12-31 · SEC XBRL CommonStockDividendsPerShareDeclared · https://www.sec.gov/Archives/edgar/data/874761/000087476120000012/ · verified
  - Dividends per share FY2018 (XBRL): 0.53 · 2018-12-31 · SEC XBRL CommonStockDividendsPerShareDeclared · https://www.sec.gov/Archives/edgar/data/874761/000087476121000015/ · verified
  - Dividends per share FY2019 (XBRL): 0.5528 · 2019-12-31 · SEC XBRL CommonStockDividendsPerShareDeclared · https://www.sec.gov/Archives/edgar/data/874761/000087476121000015/ · verified
  - Dividends per share FY2020 (XBRL): 0.5804 · 2020-12-31 · SEC XBRL CommonStockDividendsPerShareDeclared · https://www.sec.gov/Archives/edgar/data/874761/000087476122000022/ · verified
  - Dividends per share FY2021 (XBRL): 0.6095 · 2021-12-31 · SEC XBRL CommonStockDividendsPerShareDeclared · https://www.sec.gov/Archives/edgar/data/874761/000087476123000043/ · verified
  - Dividends per share FY2022 (XBRL): 0.6399 · 2022-12-31 · SEC XBRL CommonStockDividendsPerShareDeclared · https://www.sec.gov/Archives/edgar/data/874761/000087476125000013/ · verified
  - Dividends per share FY2023 (XBRL): 0.6702 · 2023-12-31 · SEC XBRL CommonStockDividendsPerShareDeclared · https://www.sec.gov/Archives/edgar/data/874761/000087476126000063/ · verified
  - Dividends per share FY2024 (XBRL): 0.6935 · 2024-12-31 · SEC XBRL CommonStockDividendsPerShareDeclared · https://www.sec.gov/Archives/edgar/data/874761/000087476126000063/ · verified
  - Dividends per share FY2025 (XBRL): 0.7038 · 2025-12-31 · SEC XBRL CommonStockDividendsPerShareDeclared · https://www.sec.gov/Archives/edgar/data/874761/000087476126000063/ · verified
  - EPS diluted FY2014: 1.06 · 2014-12-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/874761/000087476117000003/ · unverified
  - EPS diluted FY2015: 0.44 · 2015-12-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/874761/000087476118000014/ · unverified
  - EPS diluted FY2016: -1.72 · 2016-12-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/874761/000087476119000012/ · unverified
  - EPS diluted FY2023: 0.35 · 2023-12-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/874761/000087476126000063/ · unverified
  - EPS diluted FY2024: 2.36 · 2024-12-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/874761/000087476126000063/ · unverified
  - EPS diluted FY2025: 1.26 · 2025-12-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/874761/000087476126000063/ · unverified
  - Shares outstanding: 713438630.0 · 2026-07-31 · SEC cover page 10-Q 0000874761-26-000144 (713,438,630 shares (single class on cover)); filing document https://www.sec.gov/Archives/edgar/data/874761/000087476126000144/aes-20260630.htm · https://www.sec.gov/Archives/edgar/data/874761/000087476126000144/R1.htm

### Magic Formula: — (not scored) · complete: None · missing tests: none · current inputs as of None · stale inputs: none · history None–None · price None · verification None · computed 2026-10-26 · rules https://theclaudetrader.com/p/magic_formula

### Momentum: 66.7 (ok) · complete: True · missing tests: none · current inputs as of 2026-10-23 · stale inputs: none · history None–None · price 2026-10-23 · verification None · computed 2026-10-26 · rules https://theclaudetrader.com/p/momentum
-  12-1 month return: 9.5 % · threshold  · points 27.4/50
-  6 month return: 6.0 % · threshold  · points 10.9/20
-  Price / 52-week high: 0.889  · threshold  · points 13.3/15
-  Volatility penalty (60d annualised): 2.4 % · threshold  · points 15.0/15

Inputs:
  - Adjusted close series (14 months): 15.0 · 2026-10-23 · Yahoo Finance / Alpaca Market Data daily history · 

### Insider: 0.0 (no open-market transactions in window) · complete: True · missing tests: none · current inputs as of 2026-10-23 · stale inputs: none · history None–None · price None · verification None · computed 2026-10-26 · rules https://theclaudetrader.com/p/insider
-  Open-market buy value / market cap (percentile among buyers): 0.0 bp · threshold  · points 0.0/35
-  Distinct buyers: 0  · threshold  · points 0.0/25
-  Buyer seniority: 0.0  · threshold  · points 0.0/20
-  Recency (half-life 30d): 0.0  · threshold  · points 0.0/10
-  Sales penalty (excludes 10b5-1 plan sales): 0.0 bp · threshold  · points -0.0/0

### Buffett Quality: 21.0 (partial: 4, 5) · complete: False · missing tests: 4, 5 · current inputs as of 2026-07-31 · stale inputs: none · history 2016–2025 · price 2026-10-23 · verification {'verified': 0, 'mismatch': 0, 'unverified': 36, 'not_cross_checked': 2} · computed 2026-10-26 · rules https://theclaudetrader.com/p/buffett
- 1 Average return on equity (net income / year-end equity): 11.4% over 8 yrs  · threshold >= 15% · points 12.0/25
- 2 Profitable every year: 6 of 10  · threshold all years · points 9.0/15
- 3 Net income growth, 3-yr average now vs start of window: base or latest average not positive  · threshold >= +10% · points 0.0/10
- 4 Borrowings / 3-yr average earnings (years to repay): None  · threshold <= 4 · points None/15
- 5 Operating margin, 5-yr average: 0 years with operating income and revenue  · threshold >= 20% · points None/10
- 6 Free cash flow / net income, 5-yr (operating cash flow minus capex): -6.91  · threshold >= 1.0 · points 0.0/10
- 7 Owner-earnings yield (3-yr avg free cash flow / market cap): -34.1%  · threshold >= 7% · points 0.0/15

Inputs:
  - Price (close, per traded unit): 15.0 · 2026-10-23 · Alpaca Market Data (consolidated SIP daily bar) · https://docs.alpaca.markets/docs/historical-stock-data-1
  - Net income FY2018: 1203000000.0 · 2018-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/874761/000087476121000015/ · unverified
  - Equity at FY2018 end: 3208000000.0 · 2018-12-31 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/874761/000087476120000012/ · unverified
  - Net income FY2019: 303000000.0 · 2019-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/874761/000087476122000022/ · unverified
  - Equity at FY2019 end: 2996000000.0 · 2019-12-31 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/874761/000087476121000015/ · unverified
  - Net income FY2020: 46000000.0 · 2020-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/874761/000087476123000043/ · unverified
  - Equity at FY2020 end: 2634000000.0 · 2020-12-31 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/874761/000087476122000022/ · unverified
  - Net income FY2021: -409000000.0 · 2021-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/874761/000087476124000011/ · unverified
  - Equity at FY2021 end: 2798000000.0 · 2021-12-31 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/874761/000087476123000043/ · unverified
  - Net income FY2022: -546000000.0 · 2022-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/874761/000087476125000013/ · unverified
  - Equity at FY2022 end: 2437000000.0 · 2022-12-31 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/874761/000087476124000011/ · unverified
  - Net income FY2023: 249000000.0 · 2023-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/874761/000087476126000063/ · unverified
  - Equity at FY2023 end: 2488000000.0 · 2023-12-31 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/874761/000087476125000013/ · unverified
  - Net income FY2024: 1679000000.0 · 2024-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/874761/000087476126000063/ · unverified
  - Equity at FY2024 end: 3644000000.0 · 2024-12-31 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/874761/000087476126000063/ · unverified
  - Net income FY2025: 910000000.0 · 2025-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/874761/000087476126000063/ · unverified
  - Equity at FY2025 end: 4063000000.0 · 2025-12-31 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/874761/000087476126000144/ · unverified
  - Net income FY2016: -1130000000.0 · 2016-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/874761/000087476119000012/ · unverified
  - Net income FY2017: -1161000000.0 · 2017-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/874761/000087476120000012/ · unverified
  - Net income FY2018: 1203000000.0 · 2018-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/874761/000087476121000015/ · unverified
  - Net income FY2019: 303000000.0 · 2019-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/874761/000087476122000022/ · unverified
  - Net income FY2020: 46000000.0 · 2020-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/874761/000087476123000043/ · unverified
  - Net income FY2021: -409000000.0 · 2021-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/874761/000087476124000011/ · unverified
  - Net income FY2022: -546000000.0 · 2022-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/874761/000087476125000013/ · unverified
  - Net income FY2023: 249000000.0 · 2023-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/874761/000087476126000063/ · unverified
  - Net income FY2024: 1679000000.0 · 2024-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/874761/000087476126000063/ · unverified
  - Net income FY2025: 910000000.0 · 2025-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/874761/000087476126000063/ · unverified
  - Operating cash flow FY2021: 1902000000.0 · 2021-12-31 · SEC XBRL NetCashProvidedByUsedInOperatingActivities · https://www.sec.gov/Archives/edgar/data/874761/000087476124000011/ · unverified
  - Capital expenditure FY2021: 2116000000.0 · 2021-12-31 · SEC XBRL PaymentsToAcquirePropertyPlantAndEquipment · https://www.sec.gov/Archives/edgar/data/874761/000087476124000011/ · unverified
  - Operating cash flow FY2022: 2715000000.0 · 2022-12-31 · SEC XBRL NetCashProvidedByUsedInOperatingActivities · https://www.sec.gov/Archives/edgar/data/874761/000087476125000013/ · unverified
  - Capital expenditure FY2022: 4551000000.0 · 2022-12-31 · SEC XBRL PaymentsToAcquirePropertyPlantAndEquipment · https://www.sec.gov/Archives/edgar/data/874761/000087476125000013/ · unverified
  - Operating cash flow FY2023: 3034000000.0 · 2023-12-31 · SEC XBRL NetCashProvidedByUsedInOperatingActivities · https://www.sec.gov/Archives/edgar/data/874761/000087476126000063/ · unverified
  - Capital expenditure FY2023: 7724000000.0 · 2023-12-31 · SEC XBRL PaymentsToAcquirePropertyPlantAndEquipment · https://www.sec.gov/Archives/edgar/data/874761/000087476126000063/ · unverified
  - Operating cash flow FY2024: 2752000000.0 · 2024-12-31 · SEC XBRL NetCashProvidedByUsedInOperatingActivities · https://www.sec.gov/Archives/edgar/data/874761/000087476126000063/ · unverified
  - Capital expenditure FY2024: 7392000000.0 · 2024-12-31 · SEC XBRL PaymentsToAcquirePropertyPlantAndEquipment · https://www.sec.gov/Archives/edgar/data/874761/000087476126000063/ · unverified
  - Operating cash flow FY2025: 4306000000.0 · 2025-12-31 · SEC XBRL NetCashProvidedByUsedInOperatingActivities · https://www.sec.gov/Archives/edgar/data/874761/000087476126000063/ · unverified
  - Capital expenditure FY2025: 5929000000.0 · 2025-12-31 · SEC XBRL PaymentsToAcquirePropertyPlantAndEquipment · https://www.sec.gov/Archives/edgar/data/874761/000087476126000063/ · unverified
  - Shares outstanding: 713438630.0 · 2026-07-31 · SEC cover page 10-Q 0000874761-26-000144 (713,438,630 shares (single class on cover)); filing document https://www.sec.gov/Archives/edgar/data/874761/000087476126000144/aes-20260630.htm · https://www.sec.gov/Archives/edgar/data/874761/000087476126000144/R1.htm

### Lynch GARP: 46.0 (partial: 4, 6) · complete: False · missing tests: 4, 6 · current inputs as of None · stale inputs: none · history 2020–2025 · price 2026-10-23 · verification {'verified': 0, 'mismatch': 0, 'unverified': 2, 'not_cross_checked': 1} · computed 2026-10-26 · rules https://theclaudetrader.com/p/lynch
- 1 PEG: P/E divided by 5-yr EPS growth (in % points): 0.15  · threshold <= 1.0 · points 30.0/30
- 2 EPS growth, 5-yr compound rate: +78.3% a year  · threshold 12% to 35% a year · points 0.0/20
- 3 P/E on latest annual EPS: 11.9  · threshold <= 25 · points 10.0/10
- 4 Borrowings / equity: None  · threshold <= 0.5 · points None/15
- 5 Years of the last 5 in which EPS rose: 2 of 5  · threshold 5 of 5 · points 6.0/15
- 6 Net cash (cash minus borrowings) / market cap: None  · threshold >= +10% · points None/10

Inputs:
  - Price (close, per traded unit): 15.0 · 2026-10-23 · Alpaca Market Data (consolidated SIP daily bar) · https://docs.alpaca.markets/docs/historical-stock-data-1
  - EPS diluted FY2025: 1.26 · 2025-12-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/874761/000087476126000063/ · unverified
  - EPS diluted FY2020: 0.07 · 2020-12-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/874761/000087476123000043/ · unverified

### Graham Enterprising: 32.9 (partial: 2) · complete: False · missing tests: 2 · current inputs as of 2026-06-30 · stale inputs: none · history 2020–2025 · price 2026-10-23 · verification {'verified': 0, 'mismatch': 0, 'unverified': 10, 'not_cross_checked': 3} · computed 2026-10-26 · rules https://theclaudetrader.com/p/graham_enterprising
- 1 Current ratio: 0.75  · threshold >= 1.5 · points 0.0/15
- 2 Borrowings vs working capital: None  · threshold <= 1.1x · points None/15
- 3 No earnings deficit in the last 5 years: 3 of 5 profitable  · threshold 5 of 5 · points 9.0/15
- 4 Pays a current dividend: yes  · threshold yes · points 10.0/10
- 5 EPS higher than five years earlier: 0.07 -> 1.26  · threshold higher · points 10.0/10
- 6 Price / book value per share: 2.17  · threshold <= 1.2 · points 3.9/20
- 7 Price / net current asset value per share (current assets minus all liabilities): None  · threshold <= 0.67 · points 0.0/15

Inputs:
  - Price (close, per traded unit): 15.0 · 2026-10-23 · Alpaca Market Data (consolidated SIP daily bar) · https://docs.alpaca.markets/docs/historical-stock-data-1
  - current_assets: 6403000000.0 · 2026-06-30 · SEC XBRL AssetsCurrent · https://www.sec.gov/Archives/edgar/data/874761/000087476126000144/ · unverified
  - current_liabilities: 8578000000.0 · 2026-06-30 · SEC XBRL LiabilitiesCurrent · https://www.sec.gov/Archives/edgar/data/874761/000087476126000144/ · unverified
  - Net income FY2021: -409000000.0 · 2021-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/874761/000087476124000011/ · unverified
  - Net income FY2022: -546000000.0 · 2022-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/874761/000087476125000013/ · unverified
  - Net income FY2023: 249000000.0 · 2023-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/874761/000087476126000063/ · unverified
  - Net income FY2024: 1679000000.0 · 2024-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/874761/000087476126000063/ · unverified
  - Net income FY2025: 910000000.0 · 2025-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/874761/000087476126000063/ · unverified
  - Dividend years (Yahoo): [2019, 2020, 2021, 2022, 2023, 2024, 2025, 2026] ·  · Yahoo Finance dividend history · https://finance.yahoo.com/quote/AES/history?filter=div
  - EPS diluted FY2025: 1.26 · 2025-12-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/874761/000087476126000063/ · unverified
  - EPS diluted FY2020: 0.07 · 2020-12-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/874761/000087476123000043/ · unverified
  - equity: 4942000000.0 · 2026-06-30 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/874761/000087476126000144/ · unverified
  - Shares outstanding: 713438630.0 · 2026-07-31 · SEC cover page 10-Q 0000874761-26-000144 (713,438,630 shares (single class on cover)); filing document https://www.sec.gov/Archives/edgar/data/874761/000087476126000144/aes-20260630.htm · https://www.sec.gov/Archives/edgar/data/874761/000087476126000144/R1.htm

### Piotroski F-Score: 44.4 (partial: 5, 8) · complete: False · missing tests: 5, 8 · current inputs as of None · stale inputs: none · history 2024–2026 · price None · verification {'verified': 0, 'mismatch': 0, 'unverified': 19, 'not_cross_checked': 0} · computed 2026-10-26 · rules https://theclaudetrader.com/p/piotroski
- 1 Return on assets is positive: 1.8%  · threshold pass = 1 · points 11.11111111111111/11.11111111111111
- 2 Operating cash flow is positive: 4,306M  · threshold pass = 1 · points 11.11111111111111/11.11111111111111
- 3 Return on assets improved on the prior year: 3.5% -> 1.8%  · threshold pass = 1 · points 0.0/11.11111111111111
- 4 Operating cash flow exceeds net income (accruals): 4,306M vs 910M  · threshold pass = 1 · points 11.11111111111111/11.11111111111111
- 5 Long-term debt / assets fell: None  · threshold pass = 1 · points None/11.11111111111111
- 6 Current ratio improved: 0.80 -> 0.77  · threshold pass = 1 · points 0.0/11.11111111111111
- 7 No new shares issued (share count did not rise): 712M -> 713M  · threshold pass = 1 · points 11.11111111111111/11.11111111111111
- 8 Operating margin improved (stand-in for gross margin, which the dataset does not carry): None  · threshold pass = 1 · points None/11.11111111111111
- 9 Asset turnover (revenue / assets) improved: 0.26 -> 0.24  · threshold pass = 1 · points 0.0/11.11111111111111

Inputs:
  - net_income 2025-12-31: 910000000.0 · 2025-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/874761/000087476126000063/ · unverified
  - total_assets 2025-12-31: 51768000000.0 · 2025-12-31 · SEC XBRL Assets · https://www.sec.gov/Archives/edgar/data/874761/000087476126000144/ · unverified
  - cfo 2025-12-31: 4306000000.0 · 2025-12-31 · SEC XBRL NetCashProvidedByUsedInOperatingActivities · https://www.sec.gov/Archives/edgar/data/874761/000087476126000063/ · unverified
  - net_income 2025-12-31: 910000000.0 · 2025-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/874761/000087476126000063/ · unverified
  - net_income 2024-12-31: 1679000000.0 · 2024-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/874761/000087476126000063/ · unverified
  - total_assets 2025-12-31: 51768000000.0 · 2025-12-31 · SEC XBRL Assets · https://www.sec.gov/Archives/edgar/data/874761/000087476126000144/ · unverified
  - total_assets 2024-12-31: 47406000000.0 · 2024-12-31 · SEC XBRL Assets · https://www.sec.gov/Archives/edgar/data/874761/000087476126000063/ · unverified
  - cfo 2025-12-31: 4306000000.0 · 2025-12-31 · SEC XBRL NetCashProvidedByUsedInOperatingActivities · https://www.sec.gov/Archives/edgar/data/874761/000087476126000063/ · unverified
  - net_income 2025-12-31: 910000000.0 · 2025-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/874761/000087476126000063/ · unverified
  - current_assets 2025-12-31: 6502000000.0 · 2025-12-31 · SEC XBRL AssetsCurrent · https://www.sec.gov/Archives/edgar/data/874761/000087476126000144/ · unverified
  - current_assets 2024-12-31: 6831000000.0 · 2024-12-31 · SEC XBRL AssetsCurrent · https://www.sec.gov/Archives/edgar/data/874761/000087476126000063/ · unverified
  - current_liabilities 2025-12-31: 8492000000.0 · 2025-12-31 · SEC XBRL LiabilitiesCurrent · https://www.sec.gov/Archives/edgar/data/874761/000087476126000144/ · unverified
  - current_liabilities 2024-12-31: 8571000000.0 · 2024-12-31 · SEC XBRL LiabilitiesCurrent · https://www.sec.gov/Archives/edgar/data/874761/000087476126000063/ · unverified
  - shares_out 2026-07-31: 713438630.0 · 2026-07-31 · SEC XBRL EntityCommonStockSharesOutstanding · https://www.sec.gov/Archives/edgar/data/874761/000087476126000144/ · unverified
  - shares_out 2025-07-30: 712049564.0 · 2025-07-30 · SEC XBRL EntityCommonStockSharesOutstanding · https://www.sec.gov/Archives/edgar/data/874761/000087476125000075/ · unverified
  - revenue 2025-12-31: 12233000000.0 · 2025-12-31 · SEC XBRL Revenues · https://www.sec.gov/Archives/edgar/data/874761/000087476126000063/ · unverified
  - revenue 2024-12-31: 12278000000.0 · 2024-12-31 · SEC XBRL Revenues · https://www.sec.gov/Archives/edgar/data/874761/000087476126000063/ · unverified
  - total_assets 2025-12-31: 51768000000.0 · 2025-12-31 · SEC XBRL Assets · https://www.sec.gov/Archives/edgar/data/874761/000087476126000144/ · unverified
  - total_assets 2024-12-31: 47406000000.0 · 2024-12-31 · SEC XBRL Assets · https://www.sec.gov/Archives/edgar/data/874761/000087476126000063/ · unverified

## Market value, source trail

- Formula: market_value = traded_price (price date) / depositary_ratio x latest point-in-time SEC shares outstanding (share-count date shown; from the filing cover page, summed across share classes only where the issuer filing verifies the classes are economically equivalent (rule + evidence URL in the source text), else withheld; priced at the primary listed class, so where other classes trade at a different price the value is an approximation; restated only for issuer-verified splits after the count date); weighted-average share counts are never used
- Traded price: 15.0 on 2026-10-23 (USD per traded unit (share or ADS)) · https://docs.alpaca.markets/docs/historical-stock-data-1
- SEC shares outstanding: 713,438,630 underlying shares, period 2026-07-31, SEC cover page 10-Q 0000874761-26-000144 (713,438,630 shares (single class on cover)); filing document https://www.sec.gov/Archives/edgar/data/874761/000087476126000144/aes-20260630.htm, accession 0000874761-26-000144 · https://www.sec.gov/Archives/edgar/data/874761/000087476126000144/R1.htm
- Depositary ratio: 1.0 (domestic; 10-K filer; SEC shares are the traded units) · None
- Market value (price date x latest reported shares): 10,701,579,450 USD; 15.0 (price 2026-10-23) / 1 x 713,438,630 (shares at 2026-07-31) = 10,701,579,450

## Revenue by fiscal year (SEC XBRL; FY = calendar year in which the fiscal year ends)

- FY2013 (ended 2013-12-31): 15891000000.0 · https://www.sec.gov/Archives/edgar/data/874761/000087476116000077/
- FY2014 (ended 2014-12-31): 16124000000.0 · https://www.sec.gov/Archives/edgar/data/874761/000087476117000003/
- FY2015 (ended 2015-12-31): 11260000000.0 · https://www.sec.gov/Archives/edgar/data/874761/000087476118000014/
- FY2016 (ended 2016-12-31): 10281000000.0 · https://www.sec.gov/Archives/edgar/data/874761/000087476119000012/
- FY2017 (ended 2017-12-31): 10530000000.0 · https://www.sec.gov/Archives/edgar/data/874761/000087476120000012/
- FY2018 (ended 2018-12-31): 10736000000.0 · https://www.sec.gov/Archives/edgar/data/874761/000087476121000015/
- FY2019 (ended 2019-12-31): 10189000000.0 · https://www.sec.gov/Archives/edgar/data/874761/000087476122000022/
- FY2020 (ended 2020-12-31): 9660000000.0 · https://www.sec.gov/Archives/edgar/data/874761/000087476123000043/
- FY2021 (ended 2021-12-31): 11141000000.0 · https://www.sec.gov/Archives/edgar/data/874761/000087476124000011/
- FY2022 (ended 2022-12-31): 12617000000.0 · https://www.sec.gov/Archives/edgar/data/874761/000087476125000013/
- FY2023 (ended 2023-12-31): 12668000000.0 · https://www.sec.gov/Archives/edgar/data/874761/000087476126000063/
- FY2024 (ended 2024-12-31): 12278000000.0 · https://www.sec.gov/Archives/edgar/data/874761/000087476126000063/
- FY2025 (ended 2025-12-31): 12233000000.0 · https://www.sec.gov/Archives/edgar/data/874761/000087476126000063/

## Net income by fiscal year (SEC XBRL)

- FY2013 (ended 2013-12-31): 114000000.0 · https://www.sec.gov/Archives/edgar/data/874761/000087476116000077/
- FY2014 (ended 2014-12-31): 769000000.0 · https://www.sec.gov/Archives/edgar/data/874761/000087476117000003/
- FY2015 (ended 2015-12-31): 306000000.0 · https://www.sec.gov/Archives/edgar/data/874761/000087476118000014/
- FY2016 (ended 2016-12-31): -1130000000.0 · https://www.sec.gov/Archives/edgar/data/874761/000087476119000012/
- FY2017 (ended 2017-12-31): -1161000000.0 · https://www.sec.gov/Archives/edgar/data/874761/000087476120000012/
- FY2018 (ended 2018-12-31): 1203000000.0 · https://www.sec.gov/Archives/edgar/data/874761/000087476121000015/
- FY2019 (ended 2019-12-31): 303000000.0 · https://www.sec.gov/Archives/edgar/data/874761/000087476122000022/
- FY2020 (ended 2020-12-31): 46000000.0 · https://www.sec.gov/Archives/edgar/data/874761/000087476123000043/
- FY2021 (ended 2021-12-31): -409000000.0 · https://www.sec.gov/Archives/edgar/data/874761/000087476124000011/
- FY2022 (ended 2022-12-31): -546000000.0 · https://www.sec.gov/Archives/edgar/data/874761/000087476125000013/
- FY2023 (ended 2023-12-31): 249000000.0 · https://www.sec.gov/Archives/edgar/data/874761/000087476126000063/
- FY2024 (ended 2024-12-31): 1679000000.0 · https://www.sec.gov/Archives/edgar/data/874761/000087476126000063/
- FY2025 (ended 2025-12-31): 910000000.0 · https://www.sec.gov/Archives/edgar/data/874761/000087476126000063/

## EPS diluted by fiscal year (split-adjusted to today's share basis; as filed in brackets)

- FY2013 (ended 2013-12-31): 0.15 [filed 0.15, split factor 1.0]
- FY2014 (ended 2014-12-31): 1.06 [filed 1.06, split factor 1.0]
- FY2015 (ended 2015-12-31): 0.44 [filed 0.44, split factor 1.0]
- FY2016 (ended 2016-12-31): -1.72 [filed -1.72, split factor 1.0]
- FY2017 (ended 2017-12-31): -1.76 [filed -1.76, split factor 1.0]
- FY2018 (ended 2018-12-31): 1.81 [filed 1.81, split factor 1.0]
- FY2019 (ended 2019-12-31): 0.45 [filed 0.45, split factor 1.0]
- FY2020 (ended 2020-12-31): 0.07 [filed 0.07, split factor 1.0]
- FY2021 (ended 2021-12-31): -0.61 [filed -0.61, split factor 1.0]
- FY2022 (ended 2022-12-31): -0.82 [filed -0.82, split factor 1.0]
- FY2023 (ended 2023-12-31): 0.35 [filed 0.35, split factor 1.0]
- FY2024 (ended 2024-12-31): 2.36 [filed 2.36, split factor 1.0]
- FY2025 (ended 2025-12-31): 1.26 [filed 1.26, split factor 1.0]

## Dividend years (Yahoo history)

1992, 1993, 1994, 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024, 2025, 2026

## Insider transactions (SEC Form 4 data set, latest 40)


## Links

- sec_filings: https://www.sec.gov/edgar/browse/?CIK=0000874761
- sec_xbrl_companyfacts: https://data.sec.gov/api/xbrl/companyfacts/CIK0000874761.json
- sec_form4: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0000874761&type=4
- sec_8k: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0000874761&type=8-K
- yahoo: https://finance.yahoo.com/quote/AES
- stooq: https://stooq.com/q/d/?s=aes.us
- morningstar (link only, nothing stored): https://www.morningstar.com/search?query=AES
- finviz (link only, nothing stored): https://finviz.com/quote.ashx?t=AES
- stockanalysis (link only, nothing stored): https://stockanalysis.com/stocks/aes/
- seeking_alpha (link only, nothing stored): https://seekingalpha.com/symbol/AES
- openinsider (link only, nothing stored): http://openinsider.com/search?q=AES
- google_news (link only, nothing stored): https://news.google.com/rss/search?q=AES+stock

Cite as: The Claude Trader snapshot 2026-10-26, https://theclaudetrader.com/s/AES; data from SEC EDGAR XBRL and market prices (Alpaca Market Data, Yahoo Finance) to 2026-10-23.

Scores are deterministic rule outputs from public filings. fair_value_model is a labelled model estimate from the same filings (method at /fair-value), not an opinion or recommendation.