AES (AES) FY2022 results: revenue $12.6 billion, up 13.2% on the year
AES Corp. (AES) reported revenue of $12.6 billion for fiscal 2022, the year ended 31 December 2022, up 13.2% on the year before. Net income was -$546 million, and diluted earnings per share $-0.82. The figures are the company's own, from the 10-K it filed with the SEC on 1 March 2023.
Revenue
$12.6 billion
+13.2% on the year
FY2015FY2022
Operating margin
n/a
FY2015FY2022
Net income
-$546 million
FY2015FY2022
Diluted EPS
-$0.82
FY2015FY2022
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Operating cash flow
2,715
1,902
2,755
+42.7%
Capital expenditure
4,551
2,116
1,900
+115.1%
Free cash flow
-1,836
-214
855
Free cash flow margin
-14.6%
-1.9%
8.9%
Cash from investing
-5,836
-3,051
-2,295
Cash from financing
3,758
797
-78.0
+371.5%
Depreciation and amortisation
1,053
1,056
1,068
-0.3%
Share-based compensation
23.0
14.0
21.0
+64.3%
Dividends paid
422
401
381
+5.2%
Dividend per share
$0.64
$0.61
$0.58
+5.0%
Diluted shares, weighted
668m
666m
668m
+0.3%
Shares outstanding at period end
669m
667m
665m
+0.3%
Balance sheet
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Shareholders' equity
2,437
2,798
2,634
-12.9%
Non-controlling interest
2,067
1,769
2,086
+16.8%
Redeemable equity
1,321
1,257
872
+5.1%
Debt
23,498
18,699
19,881
+25.7%
Operating lease liabilities
374
294
293
+27.2%
Finance lease liabilities
169
128
77.0
+32.0%
Other liabilities
8,497
8,018
8,760
+6.0%
Total liabilities and equity
38,363
32,963
34,603
+16.4%
Fixed assets
23,039
19,906
22,826
+15.7%
Goodwill
362
1,177
1,061
-69.2%
Intangible assets
1,841
1,450
827
+27.0%
Investments
730
232
335
+214.7%
Cash and equivalents
1,374
943
1,089
+45.7%
Receivables
1,799
1,418
1,300
+26.9%
Inventory
1,055
604
461
+74.7%
Other assets
8,163
7,233
6,704
+12.9%
Total assets
38,363
32,963
34,603
+16.4%
10-K for the year ended 31 December 2022, filed 1 March 2023: the filing.