Based in Arlington County, Virginia, The AES Corporation (AES) is a diversified power generation and utility company. With a market cap of $11.6 billion, the company generates and transmits energy through its various thermal and renewable power generation facilities and distributes it through its distribution businesses.
Shares of this utility company have significantly underperformed the broader market over the past 52 weeks. AES has declined 15.3% over this time frame, while the broader S&P 500 Index ($SPX) has gained 17.3%. In 2024, shares of AES are down 13.6%, compared to SPX's 10.1% gain on a YTD basis.
