Arlington, Virginia-based The AES Corporation (AES) operates as a power generation and utility company. Valued at a market cap of $10.4 billion, the company operates through four segments: Renewables, Utilities, Energy Infrastructure, and New Energy Technologies.
Companies with a market cap of $10 billion or more are typically referred to as “big-cap stocks.” AES fits right into that category, with its market cap exceeding this threshold, reflecting its substantial size and influence in the diversified utilities industry.
