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The AES (The AES) Gross Profit : $2,504 Mil (TTM As of Dec. 2023)


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What is The AES Gross Profit?

The AES's gross profit for the three months ended in Dec. 2023 was $494 Mil. The AES's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $2,504 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. The AES's gross profit for the three months ended in Dec. 2023 was $494 Mil. The AES's Revenue for the three months ended in Dec. 2023 was $2,968 Mil. Therefore, The AES's Gross Margin % for the quarter that ended in Dec. 2023 was 16.64%.

The AES had a gross margin of 16.64% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of The AES was 27.88%. The lowest was 18.48%. And the median was 23.30%.

Warning Sign:

The AES Corp gross margin has been in long-term decline. The average rate of decline per year is -4.2%.


The AES Gross Profit Historical Data

The historical data trend for The AES's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

The AES Gross Profit Chart

The AES Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,349.00 2,693.00 2,711.00 2,548.00 2,504.00

The AES Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 563.00 594.00 498.00 918.00 494.00

Competitive Comparison of The AES's Gross Profit

For the Utilities - Diversified subindustry, The AES's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


The AES's Gross Profit Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, The AES's Gross Profit distribution charts can be found below:

* The bar in red indicates where The AES's Gross Profit falls into.



The AES Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

The AES's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=12668 - 10164
=2,504

The AES's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=2968 - 2474
=494

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $2,504 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

The AES's Gross Margin % for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=494 / 2968
=16.64 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


The AES  (NYSE:AES) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

The AES had a gross margin of 16.64% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


The AES Gross Profit Related Terms

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The AES (The AES) Business Description

Traded in Other Exchanges
Address
4300 Wilson Boulevard, 11th Floor, Arlington, VA, USA, 22203
AES is a global power company. Its current generation portfolio as of year-end 2022 consists of over 32 gigawatts of generation including renewable energy (46%), gas (32%), coal (20%), and oil (2%). AES has majority ownership and operates six electric utilities distributing power to 2.6 million customers.
Executives
Tish Mendoza officer: Sr. VP & Chief HR Officer 4300 WILSON BOULEVARD, ARLINGTON VA 22203
Ricardo Manuel Falu officer: SVP & Chief Operating Officer 4300 WILSON BLVD, ARLINGTON VA 22203
Juan Ignacio Rubiolo officer: VP, MCAC SBU President 4300 WILSON BLVD., ARLINGTON VA 22203
Paul L Freedman officer: SVP and General Counsel 4300 WILSON BLVD, ARLINGTON VA 22203
Santos Bernerd Da officer: Sr. VP and COO 4300 WILSON BOULEVARD, ARLINGTON VA 22203
Andres Gluski officer: Executive VP & COO 4300 WILSON BOULEVARD, ARLINGTON VA 22203
Stephen Coughlin officer: EVP and CFO 4300 WILSON BLVD., 11TH FLOOR, ARLINGTON VA 22203
Alain Monie director WORLDWIDE LEGAL DEPT 1600 E ST, SANTA ANA CA 92705
Julia M. Laulis director 210 E. EARLL DRIVE, PHOENIX AZ 85012
Maura Shaughnessy director 4300 WILSON BLVD., ARLINGTON VA 22203
Gerard M Anderson director ONE ENERGY PLAZA, LEGAL DEPARTMENT, DETROIT MI 48226
James H Miller director C/O CROWN HOLDINGS, INC., 770 TOWNSHIP LINE ROAD, YARDLEY PA 19067
Teresa Mosley Sebastian director 1000 DARDEN CENTER DRIVE, ORLANDO FL 32837
Jeffrey W Ubben director, other: See Remarks 1170 GORGAS AVENUE, SAN FRANCISCO CA 94129
Tarun Khanna director 4300 WILSON BOULEVARD, ARLINGTON VA 22203

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