Company / Operating Cash Flow
AES Corporation Operating Cash Flow History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Cash Flow
$4.3B
FY2025
5-year range
$1.9B / $4.3B
FY2021-FY2025
Trend
+56.5%
vs FY2024
Sector context
#16 of 74
Utilities
What the data says
AES Corporation's operating cash flow of $4.3B is higher than 78% of companies in the Utilities sector (FY2025). Operating Cash Flow has fluctuated over the past 10 years, ranging from $1.9B in FY2023 to $4.3B in FY2025.
Based on SEC 10-K filings.
$4.3B in FY2025 with a 5-year CAGR of +12.9%. Top quartile in the Utilities sector.
Improved from $1.9B to $4.3B over the past 2 years.
Utilities sector context is included.
Operating Cash Flow over time
Growth rates
- 3-Year CAGR
- +16.6%
- 5-Year CAGR
- +12.9%
- 10-Year CAGR
- -
Sector benchmark
+64.5% above sector average
Key checks
Key Insights
- 5-year CAGR of +12.9%, indicating consistent growth.
- In FY2025, operating cash flow increased 56.5% year-over-year.
- Ranks #16 out of 74 companies in the Utilities sector.
- Lowest operating cash flow in the period was in FY2023.
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 | Operating Cash FlowValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $4.3B | +56.5% |
| FY2024 | $2.8B | +44.7% |
| FY2023 | $1.9B | -29.9% |
| FY2022 | $2.7B | +42.7% |
| FY2021 | $1.9B | -18.8% |
| FY2020 | $2.3B | -6.4% |
| FY2019 | $2.5B | -13.6% |
| FY2018 | $2.9B | +15.7% |
| FY2017 | $2.5B | -13.6% |
| FY2016 | $2.9B | +35.8% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026