AES AES Corporation
FY2024 10-K
AES Corporation (AES) filed its fiscal year 2024 10-K annual report with the SEC on Mar 11, 2025. This page provides AI-powered analysis of the filing, including business overview, management discussion, risk factors, and key financial metrics from XBRL data.
AI Filing AnalysisFY2024 10-K
Business Overview
- • Core business model: Global power generation and energy services provider focusing on operating margin and EBITDA growth
- • Emphasis on Fluence segment with $44 million EBITDA improvement driven by improved margins in 2025
Management Discussion & Analysis
- • General and administrative expenses $288M, up 13% from $255M in 2023 due to higher development, people, professional fees, IT costs
- • Interest expense $1,485M, up 13% from $1,319M in 2023 driven by new debt and higher rates at Renewables, Utilities, and Corporate
Risk Factors
- • Regulatory risk: Southland Long Beach plant operation approval through 2026 subject to California State Agencies' review
- • Geopolitical risk: 10% USD appreciation risks Argentine peso cash distributions, with potential foreign exchange loss under $5 million
Financial SummaryXBRL
Revenue
$12.3B
Net Income
$1.7B
Gross Margin
18.8%
Net Margin
13.7%
ROE
46.1%
Total Assets
$47.4B
EPS (Diluted)
$2.36
Operating Cash Flow
$2.8B
Source: XBRL data from AES Corporation FY2024 10-K filing on SEC EDGAR. All figures in USD.
Other AES Corporation Annual Reports
Get deeper insights on AES Corporation
Access full AI analysis, insider trading data, fund holdings, and cross-signal detection on SignalX.