AES vs. WEC: AES vs. WEC Energy Stock Comparison
How do AES (AES) and WEC Energy (WEC) 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 WEC Energy (WEC) both fall under the Utilities industry group, but AES is classified in Independent Power and Renewable Electricity Producers while WEC is classified in Multi-Utilities.
| Profile Item | AES | WEC |
|---|---|---|
| Name | The AES Corporation | WEC Energy Group Inc. |
| Country/Region | United States | United States |
| GICS Sector | Utilities | Utilities |
| GICS Industry Group | Utilities | Utilities |
| GICS Industry | Independent Power and Renewable Electricity Producers | Multi-Utilities |
| GICS Sub-Industry | Independent Power Producers & Energy Traders | Multi-Utilities |
| Market Capitalization | 10.61 billion USD | 38.12 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | June 26, 1991 | March 17, 1980 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | AES | WEC |
|---|---|---|
| Total Return (1Y) | 10.79% | 7.80% |
| Total Return (3Y, Annualized) | 3.44% | 18.04% |
| Total Return (5Y, Annualized) | -5.12% | 9.22% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | AES | WEC |
|---|---|---|
| Volatility (1Y, Annualized) | 25.19% | 17.21% |
| Beta (5Y) | 0.93 | 0.43 |
| Max Drawdown (5Y) | -63.43% | -26.02% |
| Avg. Volume (3M) | 8.50M | 2.71M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | AES | WEC |
|---|---|---|
| Sharpe Ratio (1Y) | 0.26 | 0.20 |
| Sortino Ratio (1Y) | 0.33 | 0.31 |
Profitability
ROE (TTM)
WEC Energy (WEC) at 12.49% sits in the top ROE quartile, while AES (AES) at 8.68% is closer to the peer norm — stronger capital efficiency for WEC.
AES
Utilities industry group
8.68%
- Max
- 17.99%
- Q3
- 12.01%
- Median
- 9.44%
- AES
- 8.68%
- Q1
- 7.56%
- Min
- 2.17%
WEC
Utilities industry group
12.49%
- Max
- 17.99%
- WEC
- 12.49%
- Q3
- 12.01%
- Median
- 9.44%
- Q1
- 7.56%
- Min
- 2.17%
Net Margin (TTM)
WEC Energy (WEC) at 17.53% retains a top-quartile share of revenue as profit, ahead of AES (AES) at 13.16%, which keeps about the industry-typical share.
AES
Utilities industry group
13.16%
- Max
- 28.78%
- Q3
- 17.30%
- AES
- 13.16%
- Median
- 12.73%
- Q1
- 9.18%
- Min
- -0.20%
WEC
Utilities industry group
17.53%
- Max
- 28.78%
- WEC
- 17.53%
- Q3
- 17.30%
- Median
- 12.73%
- Q1
- 9.18%
- Min
- -0.20%
Operating Margin (TTM)
Both AES (AES) at 23.89% and WEC Energy (WEC) at 25.44% 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%
WEC
Utilities industry group
25.44%
- Max
- 53.83%
- Q3
- 31.12%
- WEC
- 25.44%
- Median
- 23.62%
- Q1
- 15.45%
- Min
- -4.90%
Profitability Metrics
| Metric | AES | WEC |
|---|---|---|
| ROE (TTM) | 8.68% | 12.49% |
| ROA (TTM) | 3.13% | 3.08% |
| Net Margin (TTM) | 13.16% | 17.53% |
| Operating Margin (TTM) | 23.89% | 25.44% |
| Gross Margin (TTM) | 21.34% | 42.36% |
Growth
Revenue Growth
WEC Energy (WEC) at 13.96% 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.
EPS Growth
WEC Energy (WEC) at -0.41% is around its peer norm for EPS growth, while AES (AES) at -46.61% drops into the bottom quartile, signaling weaker earnings momentum.
Growth Metrics
| Metric | AES | WEC |
|---|---|---|
| Revenue Growth (YoY) | -0.37% | 13.96% |
| Revenue Growth (3Y CAGR) | -1.03% | 0.70% |
| EPS Growth (YoY) | -46.61% | -0.41% |
| EPS Growth (3Y CAGR) | -- | 2.63% |
Financial Strength
Current Ratio (MRQ)
AES (AES) at 0.86 keeps current ratio within its industry’s typical mid-range, while WEC Energy (WEC) at 0.53 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for WEC.
AES
Utilities industry group
0.86
- Max
- 1.90
- Q3
- 1.17
- Median
- 0.88
- AES
- 0.86
- Q1
- 0.66
- Min
- 0.29
WEC
Utilities industry group
0.53
- Max
- 1.90
- Q3
- 1.17
- Median
- 0.88
- Q1
- 0.66
- WEC
- 0.53
- Min
- 0.29
Debt / Equity (MRQ)
WEC Energy (WEC) at 1.54 carries an industry-typical debt-to-equity mix, while AES (AES) at 2.43 uses more debt funding than most peers.
AES
Utilities industry group
2.43
- Max
- 2.63
- AES
- 2.43
- Q3
- 1.77
- Median
- 1.35
- Q1
- 0.84
- Min
- 0.00
WEC
Utilities industry group
1.54
- Max
- 2.63
- Q3
- 1.77
- WEC
- 1.54
- Median
- 1.35
- Q1
- 0.84
- Min
- 0.00
Financial Strength Metrics
| Metric | AES | WEC |
|---|---|---|
| Current Ratio (MRQ) | 0.86 | 0.53 |
| Debt / Equity (MRQ) | 2.43 | 1.54 |
| Net Debt / EBITDA | 7.28 | 5.66 |
Dividends
Dividend Yield (TTM)
AES (AES) at 4.73% delivers top-quartile income for its industry, while WEC Energy (WEC) at 3.17% pays a more typical yield — both are credible income propositions, AES the richer one.
AES
Utilities industry group
4.73%
- Max
- 6.66%
- AES
- 4.73%
- Q3
- 3.58%
- Median
- 2.85%
- Q1
- 0.66%
- Min
- 0.00%
WEC
Utilities industry group
3.17%
- Max
- 6.66%
- Q3
- 3.58%
- WEC
- 3.17%
- Median
- 2.85%
- Q1
- 0.66%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
WEC Energy (WEC) at 68.18% keeps its payout within the industry’s typical band; AES (AES) at 28.27% pays out less than peers usually do, retaining more of its earnings — a policy difference more than a quality gap.
AES
Utilities industry group
28.27%
- Max
- 113.04%
- Q3
- 68.72%
- Median
- 56.38%
- Q1
- 32.38%
- AES
- 28.27%
- Min
- 0.00%
WEC
Utilities industry group
68.18%
- Max
- 113.04%
- Q3
- 68.72%
- WEC
- 68.18%
- Median
- 56.38%
- Q1
- 32.38%
- Min
- 0.00%
Dividend Metrics
| Metric | AES | WEC |
|---|---|---|
| Dividend Yield (TTM) | 4.73% | 3.17% |
| Dividend Payout Ratio (TTM) | 28.27% | 68.18% |
Valuation
P/E Ratio (TTM)
AES (AES) at 5.97 sits in the cheaper P/E ratio quartile, while WEC Energy (WEC) at 21.07 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
WEC
Utilities industry group
21.07
- Max
- 31.22
- Q3
- 23.30
- WEC
- 21.07
- Median
- 19.64
- Q1
- 15.17
- Min
- 3.34
P/S Ratio (TTM)
AES (AES) at 0.78 looks cheap on sales in the lower P/S ratio quartile, while WEC Energy (WEC) at 3.69 looks rich in the upper quartile — a clear gap in price per dollar of revenue.
AES
Utilities industry group
0.78
- Max
- 6.35
- Q3
- 3.63
- Median
- 2.63
- Q1
- 1.52
- AES
- 0.78
- Min
- 0.00
WEC
Utilities industry group
3.69
- Max
- 6.35
- WEC
- 3.69
- Q3
- 3.63
- Median
- 2.63
- Q1
- 1.52
- Min
- 0.00
P/B Ratio (MRQ)
AES (AES) at 1.86 is valued about in line with its industry on P/B ratio, while WEC Energy (WEC) at 2.62 carries an above-peer premium to book — WEC is pricier on assets.
AES
Utilities industry group
1.86
- Max
- 3.12
- Q3
- 2.21
- AES
- 1.86
- Median
- 1.83
- Q1
- 1.46
- Min
- 0.34
WEC
Utilities industry group
2.62
- Max
- 3.12
- WEC
- 2.62
- Q3
- 2.21
- Median
- 1.83
- Q1
- 1.46
- Min
- 0.34
Valuation Metrics
| Metric | AES | WEC |
|---|---|---|
| P/E Ratio (TTM) | 5.97 | 21.07 |
| P/S Ratio (TTM) | 0.78 | 3.69 |
| P/B Ratio (MRQ) | 1.86 | 2.62 |
| Free Cash Flow Yield (TTM) | -30.54% | -5.16% |