Aes annual return on equity
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Aes Return on Equity (ROE) Growth & History (AES)
Aes's return on equity was 23.61% for fiscal 2025.
View full Aes company overviewAes annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 23.61% | −31.15 pp |
| 2024 | 2024-12-31 | 54.76% | +44.65 pp |
| 2023 | 2023-12-31 | 10.11% | +30.97 pp |
| 2022 | 2022-12-31 | −20.86% | −5.80 pp |
| 2021 | 2021-12-31 | −15.06% | −16.69 pp |
| 2020 | 2020-12-31 | 1.63% | −8.13 pp |
| 2019 | 2019-12-31 | 9.77% | −32.64 pp |
| 2018 | 2018-12-31 | 42.41% | +86.56 pp |
| 2017 | 2017-12-31 | −44.15% | −6.12 pp |
| 2016 | 2016-12-31 | −38.03% | −46.27 pp |
| 2015 | 2015-12-31 | 8.25% | −9.63 pp |
| 2014 | 2014-12-31 | 17.88% | +15.32 pp |
| 2013 | 2013-12-31 | 2.56% | +19.91 pp |
| 2012 | 2012-12-31 | −17.35% | −18.28 pp |
| 2011 | 2011-12-31 | 0.93% | +0.77 pp |
| 2010 | 2010-12-31 | 0.16% | −15.61 pp |
| 2009 | 2009-12-31 | 15.77% | — |
Aes quarterly return on equity
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Q3.25
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Q1.26
Q2.26
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 9.10% | +11.81 pp |
| Q1 2026 | 2026-03-31 | 11.48% | — |
| Q4 2025 | 2025-12-31 | 8.07% | −5.23 pp |
| Q3 2025 | 2025-09-30 | 17.67% | +2.28 pp |
| Q2 2025 | 2025-06-30 | −2.71% | −11.80 pp |
| Q4 2024 | 2024-12-31 | 13.30% | +16.87 pp |
| Q3 2024 | 2024-09-30 | 15.38% | +6.62 pp |
| Q2 2024 | 2024-06-30 | 9.09% | +10.69 pp |
| Q1 2024 | 2024-03-31 | 16.04% | +9.74 pp |
| Q4 2023 | 2023-12-31 | −3.57% | +27.32 pp |
| Q3 2023 | 2023-09-30 | 8.76% | −4.38 pp |
| Q2 2023 | 2023-06-30 | −1.61% | +4.32 pp |
| Q1 2023 | 2023-03-31 | 6.29% | +2.36 pp |
| Q4 2022 | 2022-12-31 | −30.89% | −10.77 pp |
| Q3 2022 | 2022-09-30 | 13.15% | +2.98 pp |
| Q2 2022 | 2022-06-30 | −5.93% | −6.77 pp |
| Q1 2022 | 2022-03-31 | 3.94% | +8.86 pp |
| Q4 2021 | 2021-12-31 | −20.13% | −33.84 pp |
| Q3 2021 | 2021-09-30 | 10.17% | +25.08 pp |
| Q2 2021 | 2021-06-30 | 0.84% | +4.16 pp |
| Q1 2021 | 2021-03-31 | −4.92% | −10.13 pp |
| Q4 2020 | 2020-12-31 | 13.71% | +16.26 pp |
| Q3 2020 | 2020-09-30 | −14.91% | −21.53 pp |
| Q2 2020 | 2020-06-30 | −3.32% | −3.85 pp |
| Q1 2020 | 2020-03-31 | 5.20% | +0.42 pp |
| Q4 2019 | 2019-12-31 | −2.54% | −6.47 pp |
| Q3 2019 | 2019-09-30 | 6.62% | +3.56 pp |
| Q2 2019 | 2019-06-30 | 0.53% | −8.39 pp |
| Q1 2019 | 2019-03-31 | 4.78% | −19.40 pp |
| Q4 2018 | 2018-12-31 | 3.93% | +51.43 pp |
| Q3 2018 | 2018-09-30 | 3.05% | −1.84 pp |
| Q2 2018 | 2018-06-30 | 8.92% | +7.16 pp |
| Q1 2018 | 2018-03-31 | 24.18% | +25.01 pp |
| Q4 2017 | 2017-12-31 | −47.50% | −14.06 pp |
| Q3 2017 | 2017-09-30 | 4.90% | −1.30 pp |
| Q2 2017 | 2017-06-30 | 1.76% | +17.92 pp |
| Q1 2017 | 2017-03-31 | −0.83% | −4.80 pp |
| Q4 2016 | 2016-12-31 | −33.44% | −30.91 pp |
| Q3 2016 | 2016-09-30 | 6.20% | +1.35 pp |
| Q2 2016 | 2016-06-30 | −16.16% | −17.91 pp |
| Q1 2016 | 2016-03-31 | 3.97% | +0.54 pp |
| Q4 2015 | 2015-12-31 | −2.53% | −7.28 pp |
| Q3 2015 | 2015-09-30 | 4.84% | −6.49 pp |
| Q2 2015 | 2015-06-30 | 1.75% | −1.42 pp |
| Q1 2015 | 2015-03-31 | 3.42% | +4.79 pp |
| Q4 2014 | 2014-12-31 | 4.75% | +9.26 pp |
| Q3 2014 | 2014-09-30 | 11.34% | +9.85 pp |
| Q2 2014 | 2014-06-30 | 3.17% | −0.39 pp |
| Q1 2014 | 2014-03-31 | −1.36% | −3.14 pp |
| Q4 2013 | 2013-12-31 | −4.51% | −8.40 pp |
| Q3 2013 | 2013-09-30 | 1.49% | +31.22 pp |
| Q2 2013 | 2013-06-30 | 3.56% | +1.34 pp |
| Q1 2013 | 2013-03-31 | 1.78% | −3.70 pp |
| Q4 2012 | 2012-12-31 | 3.89% | +7.32 pp |
| Q3 2012 | 2012-09-30 | −29.73% | −27.74 pp |
| Q2 2012 | 2012-06-30 | 2.22% | −0.32 pp |
| Q1 2012 | 2012-03-31 | 5.48% | +2.11 pp |
| Q4 2011 | 2011-12-31 | −3.43% | +3.09 pp |
| Q3 2011 | 2011-09-30 | −1.99% | −3.67 pp |
| Q2 2011 | 2011-06-30 | 2.54% | +0.31 pp |
| Q1 2011 | 2011-03-31 | 3.38% | −0.05 pp |
| Q4 2010 | 2010-12-31 | −6.53% | −5.49 pp |
| Q3 2010 | 2010-09-30 | 1.68% | −2.44 pp |
| Q2 2010 | 2010-06-30 | 2.23% | −5.29 pp |
| Q1 2010 | 2010-03-31 | 3.42% | — |
| Q4 2009 | 2009-12-31 | −1.04% | — |
| Q3 2009 | 2009-09-30 | 4.12% | — |
| Q2 2009 | 2009-06-30 | 7.52% | — |
Aes return on equity trends
Over the last five fiscal years, Aes's return on equity increased from 1.63% to 23.61%, a change of +21.98 percentage points. The latest reported quarter, Q2 2026, shows 9.10%.
About the metric
What return on equity (ROE) means
Return on equity (ROE) measures how much net income a company generates relative to shareholders’ equity. It can help evaluate how efficiently equity capital is used, but unusually high or negative values may reflect leverage, losses, or a small equity base.
Calculation and source
How return on equity is calculated
TickerStat calculates ROE as SEC-reported net income divided by average stockholders’ equity at the beginning and end of the fiscal period. Periods with missing or non-positive average equity are omitted. Quarterly ROE uses quarterly net income and is not annualized. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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