AES CORP (AES) closed fiscal year 2025 with a net margin of 7.4 %.
AES CORP (AES) closed fiscal year 2025 with a net margin of 7.4 %. The same year shows an EBITDA margin of 24.0 % and an EBIT margin of 12.1 %. The free cash flow margin was -13.3 %. Across the period the gross margin ranges between 18.5 % in 2014 and 27.9 % in 2020. The series covers 19 fiscal years, from 2007 to 2025. Margins are expressed as a percentage of net revenue and are derived from the same figures as the income statement, taken from as-reported SEC EDGAR filings, with no restatements or adjustments of our own.
Fiscal year end: December
| 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin (%) | — | — | 25.61 % | 24.74 % | 25.10 % | 20.88 % | 20.43 % | 18.48 % | 23.65 % | 23.18 % | 23.41 % | 23.97 % | 23.05 % | 27.88 % | 24.33 % | 20.19 % | — | — | — |
| EBITDA margin (%) | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 16.01 % | 20.29 % | 29.67 % | 24.03 % |
| EBIT margin (%) | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 7.51 % | 11.23 % | 19.38 % | 12.11 % |
| Net margin (%) | — | — | 5.02 % | 0.06 % | 0.36 % | -5.31 % | 0.72 % | 4.77 % | 2.72 % | -10.99 % | -11.03 % | 11.21 % | 2.97 % | 0.48 % | -3.67 % | -4.33 % | 1.97 % | 13.67 % | 7.44 % |
| FCF margin (%) | — | — | -2.36 % | 7.48 % | 2.82 % | 4.62 % | 4.57 % | -1.40 % | -1.55 % | 5.37 % | 4.66 % | 2.07 % | 0.60 % | 8.85 % | -1.92 % | -14.55 % | -37.02 % | -37.79 % | -13.27 % |
