AES CORP
For the period ended Dec 31, 2024. Filed Mar 11, 2025.
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FY2024 · Filed Mar 11, 2025
AES$14.90+0.2%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Operations
| 2024 | 2023 | 2022 | |
|---|---|---|---|
| (in millions, except per share amounts) | |||
| Revenue: | |||
| Non-Regulated | $8,756 | $9,245 | $9,079 |
| Regulated | 3,522 | 3,423 | 3,538 |
| Total revenue | 12,278 | 12,668 | 12,617 |
| Cost of Sales: | |||
| Non-Regulated | (6,985) | (7,173) | (6,907) |
| Regulated | (2,979) | (2,991) | (3,162) |
| Total cost of sales | (9,964) | (10,164) | (10,069) |
| Operating margin | 2,314 | 2,504 | 2,548 |
| General and administrative expenses | (288) | (255) | (207) |
| Interest expense | (1,485) | (1,319) | (1,117) |
| Interest income | 381 | 551 | 389 |
| Loss on extinguishment of debt | (17) | (63) | (15) |
| Other expense | (175) | (99) | (68) |
| Other income | 156 | 89 | 102 |
| Gain (loss) on disposal and sale of business interests | 351 | 134 | (9) |
| Goodwill impairment expense | — | (12) | (777) |
| Asset impairment expense | (374) | (1,067) | (763) |
| Foreign currency transaction gains (losses) | 31 | (359) | (77) |
| Other non-operating expense | — | — | (175) |
| INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE TAXES AND EQUITY IN EARNINGS OF AFFILIATES | 894 | 104 | (169) |
| Income tax expense | (59) | (261) | (265) |
| Net equity in losses of affiliates | (26) | (32) | (71) |
| INCOME (LOSS) FROM CONTINUING OPERATIONS | 809 | (189) | (505) |
| Gain (loss) from disposal of discontinued businesses, net of income tax benefit (expense) of $(7), $7, and $0, respectively | (7) | 7 | — |
| NET INCOME (LOSS) | 802 | (182) | (505) |
| Less: Net loss (income) attributable to noncontrolling interests and redeemable stock of subsidiaries | 877 | 431 | (41) |
| NET INCOME (LOSS) ATTRIBUTABLE TO THE AES CORPORATION | $1,679 | $249 | $(546) |
| AMOUNTS ATTRIBUTABLE TO THE AES CORPORATION COMMON STOCKHOLDERS: | |||
| Income (loss) from continuing operations, net of tax | $1,686 | $242 | $(546) |
| Income (loss) from discontinued operations, net of tax | (7) | 7 | — |
| NET INCOME (LOSS) ATTRIBUTABLE TO THE AES CORPORATION | $1,679 | $249 | $(546) |
| BASIC EARNINGS PER SHARE: | |||
| Income (loss) from continuing operations attributable to The AES Corporation common stockholders, net of tax | $2.39 | $0.36 | $(0.82) |
| Income (loss) from discontinued operations attributable to The AES Corporation common stockholders, net of tax | (0.01) | 0.01 | — |
| NET INCOME (LOSS) ATTRIBUTABLE TO THE AES CORPORATION COMMON STOCKHOLDERS | $2.38 | $0.37 | $(0.82) |
| DILUTED EARNINGS PER SHARE: | |||
| Income (loss) from continuing operations attributable to The AES Corporation common stockholders, net of tax | $2.37 | $0.34 | $(0.82) |
| Income (loss) from discontinued operations attributable to The AES Corporation common stockholders, net of tax | (0.01) | 0.01 | — |
| NET INCOME (LOSS) ATTRIBUTABLE TO THE AES CORPORATION COMMON STOCKHOLDERS | $2.36 | $0.35 | $(0.82) |
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