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Stephen Coughlin

Executive VP & CFO, Aes

Search every verified Stephen Coughlin interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Stephen Coughlin, executive vice president and CFO of AES, participated in the company’s third quarter 2025 earnings calls on November 16 and November 23, 2025. He reported that third quarter adjusted EBITDA was $830 million, up from $698 million a year earlier, and stated that the company is reaffirming its five to seven percent long-term growth rate for adjusted EBITDA through 2027. Coughlin said AES is self-funded through 2027 and has no plans to issue equity, and that its top priority is strengthening the balance sheet and maintaining investment-grade ratings. He noted that returns on recent data center power purchase agreements are trending toward the upper end of the company’s 12 to 15 percent IRR guidance range. Separately, Coughlin has given a series of political and ideological briefings through Unconstrained Analytics, a nonprofit he leads. In these appearances, he has argued that Marxism operates as a political warfare campaign and that the left can only be understood through that framework. He has stated that the Muslim Brotherhood and neo-Marxist groups are aligned in a “united front” and that the COVID-19 lockdowns were used as a revolutionary tactic. Coughlin has also asserted that the term “democracy” as used by Democrats maps to a Marxist definition, that the destruction of families is a key Marxist objective, and that intersectionality is a form of Marxism. These views were expressed at conferences and in online briefings between 2019 and 2024.

Recent appearances

  • AES Corp ($AES) Q4 2024 Earnings Call

    ... this morning are Andre Sklooski our president and chief executive officer Steve Coughlin our chief financial officer Ricardo Falu ...

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  • The AES Corporation AES Q3 2025 Earnings Call

    The AES Corporation AES Q3 2025 Earnings Call --------- In this video, we'll cover the latest quarterly earnings results, key ...

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  • $AES AES Corp Q3 2024 Earnings Conference Call

    11/01/2024 Q&A: 23:31 The AES Corporation, together with its subsidiaries, operates as a diversified power generation and utility company in the United States and internationally. The company owns and/or operates power plants to generate and sell power to customers, such as utilities, industrial users, and other intermediaries; owns and/or operates utilities to generate or purchase, distribute, transmit, and sell electricity to end-user customers in the residential, commercial, industrial, and governmental sectors; and generates and sells electricity on the wholesale market. It uses various fu…

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