The AES Corporation
Industry: Electric Utilities
Fortune Rank: 156
The AES Corp. operates and owns a diverse portfolio of electric power plants. For the 3 months ended 3/31/05, revenues rose 17% to $2.65B. Net income from cont. ops. and before acct. change increased 80% to $133M. Revenues reflect new operations from greenfield projects, favorable weather conditions and improved electricity prices. Net income also reflects higher interest income and equity in earnings of affiliates.
The AES Corporation is a holding company that, through its subsidiaries, builds, acquires, owns and operates power generation, and electricity distribution facilities worldwide. The Company is organized along two principal lines of business: generation and utilities. The generation business comprises of AES's contract generation and competitive supply segments. These segments generate and sell electricity and related products to utilities or other wholesale or commercial buyers. The utilities business comprises its large utilities and growth distribution segments. These segments sell electricity to residential, business and municipal customers, typically through integrated transmission and distribution systems. The Company's generating assets include interests in 120 facilities in 25 countries totaling approximately 44 gigawatts of capacity. AES's electricity distribution networks sell approximately 88,890 gigawatt hours per year.
The AES Corporation
The AES Corporation is a Fortune 500 company. In 2010 The AES Corporation was ranked number 156 on the Fortune 500 list, making it the 156th largest company in the United States when judged by revenue.
The AES Corporation achieved revenue of $14,690.00 million in 2010 and earned a profit of $658.00 million.
The AES Corporation' rank improves
The company ranking improved in 2010, moving up the Fortune 500 list to 156th compared to 158th in 2009. This was based on its 2009 revenue of $16,170 million (a change of -2 million compared to 2010) and profits of $1,234 million (a change of $657 million compared to 2009).
Another point of view
To many investors, profits are more important than the revenue a company earns. If the Fortune 500 was ranked by profits instead of revenue then The AES Corporation would be ranked 184th rather than 156th due to its profits of $658 in 2010.
| The AES Corporation | Revenue* | Profit* | Fortune Ranking |
|---|---|---|---|
| 2010 | 14,690 | 658 | 156 |
| 2009 | 16,170 | 1,234 | 158 |
| 2008 | 13,896 | -95 | 183 |
| 2006 | 10,692 | 562 | 221 |
* US$ Million
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Address
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The AES Corporation
4300 Wilson Boulevard 11th Floor
Arlington
VA
22203
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The AES Corporation
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Contact Details
- Phone: 703-522-1315
- Fax: 703-528-4510
- Website: www.aes.com
- Stock Symbol: AES
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