TTM
19.3%
YoY change
−0.79pp
Trough year (2001)
-11.5%
Peak year (1994)
57.6%
Latest annual
18.1%
Gross Margin history chart for AES (AES) from 1994 to 2025
Latest: 18.1%
Gross Margin change chart for AES (AES) from 1994 to 2025
Latest: −0.79pp
Gross Margin history table for AES (AES) from 1994 to 2025
| 2025 | 18.1% | -0.79pp | ||
| 2024 | 18.9% | -0.98pp | ||
| 2023 | 19.8% | -0.35pp | ||
| 2022 | 20.2% | -4.16pp | ||
| 2021 | 24.3% | -3.54pp | ||
| 2020 | 27.9% | +4.71pp | ||
| 2019 | 23.2% | -0.86pp | ||
| 2018 | 24.0% | +0.70pp | ||
| 2017 | 23.3% | +0.46pp | ||
| 2016 | 22.9% | +3.02pp | ||
| 2015 | 19.8% | +1.93pp | ||
| 2014 | 17.9% | -2.50pp | ||
| 2013 | 20.4% | -0.06pp | ||
| 2012 | 20.5% | -3.87pp | ||
| 2011 | 24.3% | +0.86pp | ||
| 2010 | 23.5% | -0.52pp | ||
| 2009 | 24.0% | +0.94pp | ||
| 2008 | 23.1% | -2.02pp | ||
| 2007 | 25.1% | -4.67pp | ||
| 2006 | 29.8% | +1.75pp | ||
| 2005 | 28.0% | -1.71pp | ||
| 2004 | 29.7% | 0.00pp | ||
| 2003 | 29.7% | — | ||
| 2001 | -11.5% | -40.48pp | ||
| 2000 | 29.0% | -10.45pp | ||
| 1999 | 39.4% | -2.58pp | ||
| 1998 | 42.0% | +3.44pp | ||
| 1997 | 38.6% | -9.11pp | ||
| 1996 | 47.7% | -2.41pp | ||
| 1995 | 50.1% | -7.52pp | ||
| 1994 | 57.6% | — |
- 202518.1%-0.79pp
- 202418.9%-0.98pp
- 202319.8%-0.35pp
- 202220.2%-4.16pp
- 202124.3%-3.54pp
- 202027.9%+4.71pp
- 201923.2%-0.86pp
- 201824.0%+0.70pp
- 201723.3%+0.46pp
- 201622.9%+3.02pp
- 201519.8%+1.93pp
- 201417.9%-2.50pp
- 201320.4%-0.06pp
- 201220.5%-3.87pp
- 201124.3%+0.86pp
- 201023.5%-0.52pp
- 200924.0%+0.94pp
- 200823.1%-2.02pp
- 200725.1%-4.67pp
- 200629.8%+1.75pp
- 200528.0%-1.71pp
- 200429.7%0.00pp
- 200329.7%—
- 2001-11.5%-40.48pp
- 200029.0%-10.45pp
- 199939.4%-2.58pp
- 199842.0%+3.44pp
- 199738.6%-9.11pp
- 199647.7%-2.41pp
- 199550.1%-7.52pp
- 199457.6%—
Gross Margin values are taken from AES's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Gross Margin at AES (AES)
According to AES's latest reported financial statements, the company's latest reported gross margin is 19.3%. Gross margin is gross profit divided by revenue, expressed as a percentage. It shows how much of each sales dollar survives the direct cost of goods sold — before operating expenses, interest, and taxes. A higher gross margin generally signals pricing power and production efficiency. Margins are most meaningful compared against sector peers and a company's own history.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
In 2025, AES (AES) gross margin totalled 18.07% – contracted 0.8 percentage points year-over-year.
Across the available history, gross margin reached its high of 57.60% in 1994 and its low of -11.53% in 2001.
AES Gross Margin by Year
AES Gross Margin 2025: 18.1%
2025's gross margin for AES came in at 18.07%, contracted 0.8 percentage points from 2024.
AES Gross Margin 2024: 18.9%
AES posted gross margin of 18.86% in 2024, contracted 1.0 percentage points from 2023.
AES Gross Margin 2023: 19.8%
In 2023, AES reported gross margin of 19.84%, contracted 0.4 percentage points from 2022.
AES Gross Margin 2022: 20.2%
AES gross margin in 2022 was 20.19%, contracted 4.2 percentage points from 2021.
AES Gross Margin 2021: 24.3%
AES gross margin in 2021 was 24.35%.
See more financial history for AES (AES).
Sector peers by Gross Margin
Utilities peers of AES (AES), ranked by their latest gross margin
Frequently asked questions
AES (AES) Key Financials
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