# AES CORP (AES) MD&A by fiscal year

Verbatim Item 7 Management's Discussion and Analysis sections from AES CORP's 10-K filings, one page per fiscal year. Extracted from SEC filings with the same bounded parser for every year. Filer text, not grepcent analysis or investment advice.

- [FY 2025 MD&A](/company/AES/mda/fy2025/): filed 2026-03-02; accession 0000874761-26-000063 (https://www.sec.gov/Archives/edgar/data/874761/000087476126000063/aes-20251231.htm); latest 10-K
- [FY 2024 MD&A](/company/AES/mda/fy2024/): filed 2025-03-11; accession 0000874761-25-000013 (https://www.sec.gov/Archives/edgar/data/874761/000087476125000013/aes-20241231.htm)
- [FY 2023 MD&A](/company/AES/mda/fy2023/): filed 2024-02-26; accession 0000874761-24-000011 (https://www.sec.gov/Archives/edgar/data/874761/000087476124000011/aes-20231231.htm)
- [FY 2022 MD&A](/company/AES/mda/fy2022/): filed 2023-03-01; accession 0000874761-23-000010 (https://www.sec.gov/Archives/edgar/data/874761/000087476123000010/aes-20221231.htm)
- [FY 2021 MD&A](/company/AES/mda/fy2021/): filed 2022-02-28; accession 0000874761-22-000022 (https://www.sec.gov/Archives/edgar/data/874761/000087476122000022/aes-20211231.htm)

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