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AES

THE AES CORPORATION
CIK 0000874761 ยท EDGAR โ†—
cleanelevatedtriggeredno dataplanned
16.8
composite ยท 3 signals ยท CLEAN

Every card below shows the score and the exact filing data it was computed from โ€” no unexplained numbers. Some signals (P-02, P-03, P-08, P-09, P-10, P-11) pull live documents from SEC EDGAR the first time you view this company; a few of those (P-03, P-10, P-11) use AI to read the filing text, but every AI claim must quote the actual document verbatim or it's discarded โ€” never a guess.

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Signals

P-01 ยท FY 2025-12-31 ยท CLEAN19.7

Earnings quality

Beneish M-Score -2.81 โ€” no manipulation profile
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2026-03-02) โ†—
Evidence โ€” inputs and thresholds
{
  "m_score": -2.809,
  "threshold": -1.78,
  "ratios": {
    "DSRI": 1.026,
    "GMI": 1.043,
    "AQI": 0.921,
    "SGI": 0.996,
    "DEPI": 1,
    "SGAI": 1,
    "LVGI": 0.907,
    "TATA": -0.079
  },
  "defaulted_to_neutral": [
    "DEPI",
    "SGAI"
  ],
  "sloan_accruals": -0.0685,
  "inputs": {
    "revenue_t": 12233000000,
    "revenue_t1": 12278000000,
    "total_assets_t": 51768000000,
    "net_income_t": 910000000,
    "cfo_t": 4306000000
  },
  "stale": false,
  "latest_filing_period": "2025-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/874761/000087476126000063/0000874761-26-000063-index.htm",
    "form": "10-K",
    "filed": "2026-03-02"
  }
}
P-05 ยท FY 2022-12-31 ยท CLEAN0.0

Tax arbitrage

[FY2022 data, stale โ€” no more recent pretax-income figure in XBRL] ETR 276.0% โ€” within normal range of statutory
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2025-03-11) โ†—
Evidence โ€” inputs and thresholds
{
  "etr_by_year": {
    "2022-12-31": 2.7604,
    "2021-12-31": -0.2065
  },
  "statutory_rate": 0.21,
  "gap_by_year": {
    "2022-12-31": -2.5504,
    "2021-12-31": 0.4165
  },
  "note": "Low ETR can be fully legitimate; this flags persistence + magnitude for review.",
  "stale": true,
  "latest_filing_period": "2025-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/874761/000087476125000013/0000874761-25-000013-index.htm",
    "form": "10-K",
    "filed": "2025-03-11"
  }
}
P-12 ยท FY 2025-12-31 ยท CLEAN5.2

Restatement predictor

F-Score 0.16 โ€” at or below the population base rate
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2026-03-02) โ†—
Evidence โ€” inputs and thresholds
{
  "f_score": 0.157,
  "probability": 0.00058,
  "components": {
    "rsst": -0.0685,
    "drec": 0.0007,
    "dinv": 0.0004,
    "soft": 0.2428,
    "dcs": -0.0067,
    "droa": -0.0178,
    "issue": 0
  },
  "model": "Dechow et al. 2011, Model 1 (simplified RSST)",
  "thresholds": {
    "elevated": 1,
    "triggered": 1.85
  },
  "stale": false,
  "latest_filing_period": "2025-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/874761/000087476126000063/0000874761-26-000063-index.htm",
    "form": "10-K",
    "filed": "2026-03-02"
  }
}