AES vs. ES: AES vs. Eversource Energy Stock Comparison

November 11, 2026

How do AES (AES) and Eversource Energy (ES) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

AES (AES) and Eversource Energy (ES) both fall under the Utilities industry group, but AES is classified in Independent Power and Renewable Electricity Producers while ES is classified in Electric Utilities.

Company profile comparison for AES (AES) and Eversource Energy (ES)
Profile Item	AES	ES
Name	The AES Corporation	Eversource Energy
Country/Region	United States	United States
GICS Sector	Utilities	Utilities
GICS Industry Group	Utilities	Utilities
GICS Industry	Independent Power and Renewable Electricity Producers	Electric Utilities
GICS Sub-Industry	Independent Power Producers & Energy Traders	Electric Utilities
Market Capitalization	10.61 billion USD	26.31 billion USD
Currency	USD	USD
Exchange	NYSE	NYSE
Listing Date	June 26, 1991	February 21, 1973
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

AES

GSPC

AES (AES) vs. Eversource Energy (ES), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for AES (AES) and Eversource Energy (ES). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for AES (AES) and Eversource Energy (ES). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for AES (AES) and Eversource Energy (ES)
Metric	AES	ES
Total Return (1Y)	10.79%	0.35%
Total Return (3Y, Annualized)	3.44%	14.06%
Total Return (5Y, Annualized)	-5.12%	0.61%

Risk Profile

Drawdown History

AES

GSPC

AES (AES) vs. Eversource Energy (ES), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for AES (AES) and Eversource Energy (ES). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for AES (AES) and Eversource Energy (ES)
Metric	AES	ES
Volatility (1Y, Annualized)	25.19%	24.60%
Beta (5Y)	0.93	0.65
Max Drawdown (5Y)	-63.43%	-41.69%
Avg. Volume (3M)	8.50M	2.53M

Risk-Adjusted Performance

Risk-Return Positioning

AES and ES are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for AES (AES) and Eversource Energy (ES)
Metric	AES	ES
Sharpe Ratio (1Y)	0.26	-0.16
Sortino Ratio (1Y)	0.33	-0.20

Profitability

ROE (TTM)

Capital efficiency shows on one side only: AES (AES) earns 8.68% on shareholders’ equity, ranked against its industry; Eversource Energy (ES) has no ROE this period.

AES

Utilities industry group

8.68%

Max: 17.99%
Q3: 12.01%
Median: 9.44%
AES: 8.68%
Q1: 7.56%
Min: 2.17%

ES

Utilities industry group

Max: 17.99%
Q3: 12.01%
Median: 9.44%
Q1: 7.56%
Min: 2.17%
ES: --

AES (AES) vs. Eversource Energy (ES): ES does not report ROE, so it has no value marker; AES is benchmarked against the Utilities industry group.

Net Margin (TTM)

Both AES (AES) at 13.16% and Eversource Energy (ES) at 10.38% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.

AES

Utilities industry group

13.16%

Max: 28.78%
Q3: 17.30%
AES: 13.16%
Median: 12.73%
Q1: 9.18%
Min: -0.20%

ES

Utilities industry group

10.38%

Max: 28.78%
Q3: 17.30%
Median: 12.73%
ES: 10.38%
Q1: 9.18%
Min: -0.20%

AES (AES) vs. Eversource Energy (ES): A comparison of their net margin against the Utilities industry group benchmark.

Operating Margin (TTM)

Both AES (AES) at 23.89% and Eversource Energy (ES) at 21.14% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.

AES

Utilities industry group

23.89%

Max: 53.83%
Q3: 31.12%
AES: 23.89%
Median: 23.62%
Q1: 15.45%
Min: -4.90%

ES

Utilities industry group

21.14%

Max: 53.83%
Q3: 31.12%
Median: 23.62%
ES: 21.14%
Q1: 15.45%
Min: -4.90%

AES (AES) vs. Eversource Energy (ES): A comparison of their operating margin against the Utilities industry group benchmark.

Profitability Metrics

Profitability metrics for AES (AES) and Eversource Energy (ES)
Metric	AES	ES
ROE (TTM)	8.68%	--
ROA (TTM)	3.13%	--
Net Margin (TTM)	13.16%	10.38%
Operating Margin (TTM)	23.89%	21.14%
Gross Margin (TTM)	21.34%	51.63%

Growth

Revenue Growth

Eversource Energy (ES) at 13.83% sits in the top revenue growth quartile, while AES (AES) at -0.37% is in the bottom quartile, showing a clear gap in revenue momentum.

AES (AES) vs. Eversource Energy (ES): A comparison of their Revenue Growth across different time periods.

EPS Growth

Eversource Energy (ES) at 100.88% delivers above-range EPS growth, while AES (AES) at -46.61% falls into the bottom quartile — a wide split in earnings momentum.

AES (AES) vs. Eversource Energy (ES): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for AES (AES) and Eversource Energy (ES)
Metric	AES	ES
Revenue Growth (YoY)	-0.37%	13.83%
Revenue Growth (3Y CAGR)	-1.03%	3.30%
EPS Growth (YoY)	-46.61%	100.88%
EPS Growth (3Y CAGR)	--	4.03%

Financial Strength

Current Ratio (MRQ)

Short-term liquidity can only be read on one side of this pairing: AES (AES) shows current ratio of 0.86 against its industry benchmark, while Eversource Energy (ES) has no reading this period.

AES

Utilities industry group

0.86

Max: 1.90
Q3: 1.17
Median: 0.88
AES: 0.86
Q1: 0.66
Min: 0.29

ES

Utilities industry group

Max: 1.90
Q3: 1.17
Median: 0.88
Q1: 0.66
Min: 0.29
ES: --

AES (AES) vs. Eversource Energy (ES): ES does not report current ratio, so it has no value marker; AES is benchmarked against the Utilities industry group.

Debt / Equity (MRQ)

Both AES (AES) at 2.43 and Eversource Energy (ES) at 1.81 lean more heavily on debt funding than most peers, landing in the higher-leverage quartile of their industries.

AES

Utilities industry group

2.43

Max: 2.63
AES: 2.43
Q3: 1.77
Median: 1.35
Q1: 0.84
Min: 0.00

ES

Utilities industry group

1.81

Max: 2.63
ES: 1.81
Q3: 1.77
Median: 1.35
Q1: 0.84
Min: 0.00

AES (AES) vs. Eversource Energy (ES): A comparison of their debt-to-equity ratio against the Utilities industry group benchmark.

Financial Strength Metrics

Financial strength metrics for AES (AES) and Eversource Energy (ES)
Metric	AES	ES
Current Ratio (MRQ)	0.86	--
Debt / Equity (MRQ)	2.43	1.81
Net Debt / EBITDA	7.28	5.73

Dividends

Dividend Yield (TTM)

Both AES (AES) at 4.73% and Eversource Energy (ES) at 4.33% offer top-quartile dividend income relative to share price within their industries.

AES

Utilities industry group

4.73%

Max: 6.66%
AES: 4.73%
Q3: 3.58%
Median: 2.85%
Q1: 0.66%
Min: 0.00%

ES

Utilities industry group

4.33%

Max: 6.66%
ES: 4.33%
Q3: 3.58%
Median: 2.85%
Q1: 0.66%
Min: 0.00%

AES (AES) vs. Eversource Energy (ES): A comparison of their dividend yield against the Utilities industry group benchmark.

Dividend Payout Ratio (TTM)

AES (AES) at 28.27% retains more earnings than its industry usually does; Eversource Energy (ES) at 82.19% distributes an above-typical share — opposite departures from the band, with the risk sitting on ES’s side.

AES

Utilities industry group

28.27%

Max: 113.04%
Q3: 68.72%
Median: 56.38%
Q1: 32.38%
AES: 28.27%
Min: 0.00%

ES

Utilities industry group

82.19%

Max: 113.04%
ES: 82.19%
Q3: 68.72%
Median: 56.38%
Q1: 32.38%
Min: 0.00%

AES (AES) vs. Eversource Energy (ES): A comparison of their payout ratio against the Utilities industry group benchmark.

Dividend Metrics

Dividend metrics for AES (AES) and Eversource Energy (ES)
Metric	AES	ES
Dividend Yield (TTM)	4.73%	4.33%
Dividend Payout Ratio (TTM)	28.27%	82.19%

Valuation

P/E Ratio (TTM)

AES (AES) at 5.97 sits in the cheaper P/E ratio quartile, while Eversource Energy (ES) at 18.43 is closer to its industry’s usual earnings multiple — a discount for AES, though growth and earnings durability still matter.

AES

Utilities industry group

5.97

Max: 31.22
Q3: 23.30
Median: 19.64
Q1: 15.17
AES: 5.97
Min: 3.34

ES

Utilities industry group

18.43

Max: 31.22
Q3: 23.30
Median: 19.64
ES: 18.43
Q1: 15.17
Min: 3.34

AES (AES) vs. Eversource Energy (ES): A comparison of their P/E ratio against the Utilities industry group benchmark.

P/S Ratio (TTM)

AES (AES) at 0.78 sits in the cheaper P/S ratio quartile while Eversource Energy (ES) at 1.91 prices around its industry’s middle — AES costs less per dollar of sales, though read it alongside growth and margins.

AES

Utilities industry group

0.78

Max: 6.35
Q3: 3.63
Median: 2.63
Q1: 1.52
AES: 0.78
Min: 0.00

ES

Utilities industry group

1.91

Max: 6.35
Q3: 3.63
Median: 2.63
ES: 1.91
Q1: 1.52
Min: 0.00

AES (AES) vs. Eversource Energy (ES): A comparison of their P/S ratio against the Utilities industry group benchmark.

P/B Ratio (MRQ)

On P/B ratio, both AES (AES) at 1.86 and Eversource Energy (ES) at 1.61 are valued close to their industries’ norm against book — neither stands out from peers.

AES

Utilities industry group

1.86

Max: 3.12
Q3: 2.21
AES: 1.86
Median: 1.83
Q1: 1.46
Min: 0.34

ES

Utilities industry group

1.61

Max: 3.12
Q3: 2.21
Median: 1.83
ES: 1.61
Q1: 1.46
Min: 0.34

AES (AES) vs. Eversource Energy (ES): A comparison of their P/B ratio against the Utilities industry group benchmark.

Valuation Metrics

Valuation metrics for AES (AES) and Eversource Energy (ES)
Metric	AES	ES
P/E Ratio (TTM)	5.97	18.43
P/S Ratio (TTM)	0.78	1.91
P/B Ratio (MRQ)	1.86	1.61
Free Cash Flow Yield (TTM)	-30.54%	--