Company / Free Cash Flow
AES Corporation Free Cash Flow History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Free Cash Flow
-$1.6B
FY2025
5-year range
-$4.6B / -$214.0M
FY2021-FY2025
Trend
+65.0%
vs FY2024
Sector context
#50 of 60
Utilities
What the data says
AES Corporation's free cash flow of -$1.6B is lower than 83% of companies in the Utilities sector (FY2025). Free Cash Flow has fluctuated over the past 10 years, ranging from -$4.6B in FY2024 to $552M in FY2018.
Based on SEC 10-K filings.
-$1.6B in FY2025.
Declined from -$214M to -$1.6B over the past 2 years.
Utilities sector context is included.
Free Cash Flow over time
Growth rates
- 3-Year CAGR
- -
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Sector benchmark
Bottom 17% in UtilitiesTop 83% of 60This company -$1.6B Sector average -$543.6M
▼
-198.5% below sector average
Key checks
Key Insights
- In FY2025, free cash flow increased 65.0% year-over-year.
- Ranks #50 out of 60 companies in the Utilities sector.
- Peak free cash flow was recorded in FY2018.
- Lowest free cash flow in the period was in FY2024.
Company context
Key Data Points
- Altman Z-Score 0.25 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Free Cash FlowValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | -$1.6B | +65.0% |
| FY2024 | -$4.6B | -2068.2% |
| FY2023 | -$214.0M | +88.3% |
| FY2022 | -$1.8B | -757.9% |
| FY2021 | -$214.0M | -196.4% |
| FY2020 | $222.0M | -32.1% |
| FY2019 | $327.0M | -40.8% |
| FY2018 | $552.0M | +68.8% |
| FY2017 | $327.0M | -40.8% |
| FY2016 | $552.0M | +417.2% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026