The AES Corporation (0H6G.L) Q4 2024 Earnings Report

Revenue for Q4 2024 stood at $2.962 billion, a minor decline of 0.20% YoY and a significant drop of 9.94% QoQ. Gross profit fell 14.98% YoY to $420 million with a gross profit margin of 14.14%. Operating income decreased by 23.26% YoY, resulting in an operating income of $330 million, while net income surged dramatically due to lower tax expenses, showcasing a 29.63% increase QoQ. The EBITDA margin remained strong at approximately 32.38%, signifying solid operational efficiency. The cash flow from operations totaled $1.088 billion, reflecting strong cash generation capabilities despite significant capital expenditures of $1.727 billion. Comparatively, AES outperformed its primary competitors by maintaining a healthier net income ratio than many in the sector.