COMPARE · Reviewed August 4, 2026
AES vs OGS
Verdict: Side-by-side breakdown using the Bull Rankings model. AES scored 64.7, OGS scored 63.5 — AES leads.
Compare another set
Different reporting periods. AES's fundamentals are as of June 2026, but OGS's are as of March 2026 — a 3-month gap. Growth, margin and valuation figures below therefore describe different windows and aren't strictly like-for-like.
AES
The AES Corporation
64.7
$14.68 · $10.5B
fundamentals as of
Score gap
1.2
AES leads
OGS
ONE Gas, Inc.
63.5
$77.33 · $4.9B
fundamentals as of
The model, pillar by pillar (0–100 each)
AES
stronger →← stronger
OGS
59
Qualityreturns · margins · balance sheet
45
71
Growthrevenue & earnings expansion
88
64
Valuevaluation vs sector peers
64
AES and OGS split the three pillars evenly.
Fundamentals, head-to-head
AES
OGS
-$1.7bF
FCF
-$219mF
+8.5%B
Rev
+42.5%A
2.60D
D/E
0.96A-
0.8xA
P/S
1.9xB+
0.81B+
PEG
1.06B+
Winner per row is the stronger grade in our model; a tie or a missing value shows no highlight.
Model signals
AES
Why this score
- Short track record
OGS
Why this score
- Diluting shareholders
The companies
AESThe AES Corporation
Why now
Utilities - Diversified · market cap $10.5b. 17% off the 52-week high of $17.65. PEG 0.81 — paying under fair value for the growth rate. 8 sell-side analysts rate this a Hold with a mean 1-yr target of $15.00 (implying +2% upside).
Moat
Net margin 14% beats the market median by a meaningful margin — the company is keeping more of every revenue dollar than the average S&P constituent. ROE 38% — top-decile capital efficiency. Either pricing leverage, low capital intensity, or aggressive buybacks; the durability story depends on which.
Risk
D/E 2.60 is elevated — limits strategic flexibility and raises refinancing exposure if rates stay higher for longer. Free cash flow is negative (-$1.7b) — capital raises or debt issuance likely required; dilution / leverage risk.
OGSONE Gas, Inc.
Why now
Utilities - Regulated Gas · market cap $4.9b. 15% off the 52-week high of $90.78. Revenue growing +43% — in hypergrowth territory. 8 sell-side analysts rate this a Buy with a mean 1-yr target of $91.63 (implying +18% upside).
Moat
Higher-variance name — the moat signals on the quantitative card are modest, so the durability case rests on execution (turning current growth into durable earnings power) or an un-monetized asset (IP / network effects / first-mover position) rather than an entrenched competitive position.
Risk
Free cash flow is negative (-$219m) — capital raises or debt issuance likely required; dilution / leverage risk. ROE 8% is below the long-run sustainable threshold of ~10% — capital efficiency would need to improve for the equity base to compound at the market rate. Jurisdictional + permitting risk — mining and extraction operations concentrate exposure to political stability, royalty regimes, and environmental review timelines that can stall production for years.
Verdict — model-derived comparison
Generating verdict… typically 5–10 seconds
Not investment advice. The Bull Rankings publishes a quantitative ranking model and accompanying analysis for general informational purposes only. Nothing on this page is a recommendation to buy, sell, or hold any security; nothing is personalized to your circumstances, risk tolerance, or tax situation. Investing carries the risk of loss — invest at your own risk and consider consulting a licensed financial professional before acting on anything you read here. See terms and methodology for full disclosures.