AES vs Talen Energy
AES reported revenue of $12.2 billion in fiscal 2025, 4.7 times Talen Energy's $2.6 billion in fiscal 2025. AES's revenue fell 0.4% in its latest year, and Talen Energy's grew 22.0%. Free cash flow was −$1.6 billion at AES and $606 million at Talen Energy.
Side by side
| AES | Talen Energy | |
|---|---|---|
| Latest fiscal year | FY2025, Dec 31, 2025 | FY2025, Dec 31, 2025 |
| Revenue | $12.2B | $2.6B |
| Revenue growth | −0.4% | 22.0% |
| Revenue growth a year, last 5 years | 4.8% | — |
| Gross margin | 18.1% | — |
| Operating margin | — | −3.5% |
| Net margin | 7.4% | −8.5% |
| Free cash flow | −$1.6B | $606M |
| Free cash flow margin | −13.3% | 23.5% |
| Return on capital | — | −1.3% |
| Net debt to EBITDA | — | 32.4x |
| Dividends and buybacks | $501M | $103M |
| Change in diluted share count | 0.1% | −19.1% |
| Last close | $15.03 | $337.78 |
| P/E at the last close | 5.7× | — |
| Insider trades, last 12 months | — | sold $988,000 |
| Piotroski F-score | — | — |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
AESTalen Energy
Operating margin
Percent of revenue
AESTalen Energy
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
AESTalen Energy
Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the AES and Talen Energy pages.