AES - NYSE

The AES Corporation

AES·NYSE

$14.73

+0.14%

UtilitiesIndependent Power Producers

The AES Corporation operates as a diversified power generation and utility company. It owns and/or operates power plants to generate and sell power to customers, such as utilities, industrial users, and other intermediaries. The company also 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 a range of fuels and technologies to generate electricity, including coal, gas, hydro, wind, solar, and biomass; and renewables, such as energy storage and landfill gas. The company owns and/or operates a generation portfolio of approximately 31,459 megawatts. It has operations in the United States, Puerto Rico, El Salvador, Chile, Colombia, Argentina, Brazil, Mexico, Central America, the Caribbean, Europe, and Asia. The company was formerly known as Applied Energy Services, Inc. and changed its name to The AES Corporation in April 2000. The AES Corporation was incorporated in 1981 and is headquartered in Arlington, Virginia.

Statements Value Model

At a Glance

Live Snapshot

Market Cap$10.50B

EPS1.2600

P/E Ratio11.69

Earnings Date07/30/2026

51.77B

Assets

3Y+35.0%

5Y+50.0%

10Y+43.0%

39.84B

Total Liabilities

3Y+18.0%

5Y+33.0%

10Y+31.0%

11.93B

Total Equity

55%

3Y+165.0%

5Y+153.0%

10Y+109.0%

The AES Corporation Funding & Solvency Profile

AES · NYSE

Current Assets

Cash & Cash Equivalents2.07B

Net Receivables1.75B

Inventory612.00M

Other Current Assets1.70B

Total Current Assets7 B

Non-Current Assets

Property, Plant & Equipment38.19B

Goodwill & Intangible Assets2.38B

Long-Term Investments2.01B

Other Non-Current Assets2.29B

Total Non-Current Assets42 B

Total Assets

51.77B

Financial Health Analysis

Current Ratio

0.77x

Warning: Liquidity concerns. Current assets may not be sufficient to cover short-term obligations.

Debt-to-Equity Ratio

3.34x

High financial leverage. Heavy reliance on debt may indicate increased financial risk and potential solvency concerns.

Working Capital

-1990000000

Negative working capital indicates short-term liabilities exceed short-term assets—potential liquidity stress.

Asset Composition

13% Current

Capital-intensive business with significant long-term investments in property, equipment, or intangibles.

Financial Health Insight

Financial stress indicators: Both liquidity and leverage metrics raise concerns. The company may face challenges meeting obligations and should focus on strengthening its balance sheet.

The AES Corporation Balance Sheet

AES • NYSE

The AES Corporation Balance Sheet	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Dec 2013	Dec 2012	Dec 2011	Dec 2010	Dec 2009	Dec 2008	Dec 2007	Dec 2006
ASSETS
CURRENT ASSETS
Cash and Cash Equivalents	2.1B	1.5B	1.4B	1.4B	943M	1.1B	1B	1.2B	949M	1.3B	1.3B	1.5B	1.6B	2B	1.7B	2.6B	1.8B	903M	2.1B	2.1B
Short-Term Investments	174M	79M	395M	730M	232M	335M	400M	313M	424M	798M	484M	709M	668M	696M	1.4B	1.7B	1.6B	1.4B	1.3B	0.0
Cash & Short-Term Investments	2.2B	1.6B	1.8B	2.1B	1.2B	1.4B	1.4B	1.5B	1.4B	2.1B	1.7B	2.2B	2.3B	2.7B	3.1B	4.3B	3.5B	2.3B	3.4B	2.1B
Net Receivables	1.8B	1.6B	1.4B	1.8B	1.4B	1.3B	1.5B	1.6B	1.5B	1.6B	2.5B	2.7B	2.4B	3B	3.1B	2.4B	2.2B	2.3B	2.3B	1.9B
Accounts Receivables	1.7B	1.6B	1.4B	1.8B	1.4B	1.3B	1.5B	1.6B	1.5B	1.4B	2.3B	2.7B	2.4B	2.7B	2.5B	2.4B	2.2B	2.3B	2.3B	1.8B
Other Receivables	69M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	91M
Inventory	612M	593M	712M	1.1B	604M	461M	487M	577M	562M	630M	675M	702M	684M	769M	785M	600M	569M	574M	480M	518M
Prepaids	192M	157M	177M	98M	142M	102M	80M	130M	62M	72M	106M	175M	179M	231M	158M	234M	162M	177M	137M	106M
Other Current Assets	1.7B	2.8B	2.5B	2.6B	2B	2.1B	1.8B	1.2B	2.9B	2.5B	2B	2B	2.2B	1B	1.6B	1.4B	2B	1.3B	1.5B	1.6B
Total Current Assets	6.5B	6.8B	6.6B	7.6B	5.4B	5.4B	5.2B	5B	6.4B	6.4B	6.9B	7.8B	7.7B	8.5B	9.2B	9.4B	8.8B	7.3B	8.3B	6.6B
NON-CURRENT ASSETS
Property, Plant, and Equipment (Net)	38.2B	33.2B	30B	23B	19.9B	22.8B	22.6B	21.4B	20.3B	22.8B	22.8B	25.2B	25.1B	25.9B	25.1B	24.6B	24.3B	21.4B	20B	19.1B
Goodwill	342M	345M	348M	362M	1.2B	1.1B	1.1B	1.1B	1.1B	1.2B	1.2B	1.5B	1.6B	2B	3.7B	1.3B	1.3B	1.4B	1.4B	1.4B
Intangible Assets	2B	1.9B	2.2B	1.8B	1.5B	827M	469M	436M	366M	359M	214M	281M	297M	429M	566M	516M	510M	500M	505M	305M
Goodwill & Intangible Assets	2.4B	2.3B	2.6B	2.2B	2.6B	1.9B	1.5B	1.5B	1.4B	1.5B	1.4B	1.7B	1.9B	2.4B	4.3B	1.8B	1.8B	1.9B	1.9B	1.7B
Long-Term Investments	2B	1.1B	941M	952M	1.1B	835M	966M	1.1B	1.2B	621M	610M	537M	1B	1.2B	1.4B	1.3B	1.2B	901M	743M	596M
Tax Assets	397M	365M	396M	319M	409M	288M	156M	97M	130M	781M	543M	662M	666M	996M	715M	646M	604M	567M	647M	213M
Other Non-Current Assets	2.3B	3.6B	4.3B	4.2B	3.6B	3.4B	3.2B	3.4B	3.7B	3.9B	4.6B	3.1B	4B	2.8B	4.5B	2.7B	2.9B	2.7B	2.8B	3B
Total Non-Current Assets	45.3B	40.6B	38.2B	30.7B	27.6B	29.2B	28.4B	27.5B	26.7B	29.7B	30B	31.1B	32.7B	33.4B	36.1B	31.1B	30.7B	27.5B	26.1B	24.6B
Total Assets	51.8B	47.4B	44.8B	38.4B	33B	34.6B	33.6B	32.5B	33.1B	36.1B	36.9B	39B	40.4B	41.8B	45.3B	40.5B	39.5B	34.8B	34.5B	31.2B
LIABILITIES
CURRENT LIABILITIES
Total Payables	2.1B	2.8B	3.5B	2.6B	1.4B	1.4B	1.6B	1.6B	1.6B	1.2B	1.6B	2.3B	2.3B	2.5B	2B	2B	1.9B	1B	1.1B	788M
Accounts Payable	2B	2.6B	3.2B	2.4B	1.2B	1.2B	1.3B	1.3B	1.4B	1.2B	1.6B	2.3B	2.3B	2.5B	2B	2B	1.9B	1B	1.1B	788M
Other Payables	117M	249M	278M	249M	266M	257M	253M	250M	252M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Accrued Expenses	0.0	1.5B	1.6B	1.7B	1.4B	1.4B	1.2B	1.2B	1.2B	1.3B	2.5B	2.6B	2.4B	2.6B	3.7B	2.8B	2.6B	2.9B	2.9B	2.5B
Short Term Debt	3.1B	3.6B	4.1B	1.8B	1.4B	1.4B	1.9B	1.7B	2.2B	1.1B	2.2B	2.1B	2.2B	2.5B	2.4B	3B	1.9B	1.1B	1.4B	1.4B
Tax Payables	0.0	249M	278M	249M	266M	257M	253M	250M	129M	149M	264M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Deferred Revenue	0.0	0.0	0.0	0.0	85M	438M	34M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Other Current Liabilities	3.2B	662M	499M	354M	474M	667M	442M	8M	1B	1.7B	661M	0.0	837M	635M	286M	331M	227M	194M	169M	313M
Total Current Liabilities	8.5B	8.6B	9.7B	6.5B	4.7B	5.4B	5.1B	4.4B	6B	5.3B	7B	7B	7.7B	8.3B	8.4B	8.1B	6.6B	5.2B	5.5B	5B
NON-CURRENT LIABILITIES
Long Term Debt	26.1B	25.4B	22.7B	21.7B	17.3B	18.5B	18.3B	17.6B	17.8B	18.4B	17.9B	18.7B	18.9B	18.2B	19.6B	15.8B	17.6B	16.6B	16.6B	14.6B
Deferred Tax Liabilities (Non-Current)	1.6B	1.5B	1.2B	1.1B	977M	1.1B	1.2B	1.3B	1B	804M	1.1B	1.3B	1.1B	1.2B	1.3B	895M	1.1B	1.1B	1.2B	790M
Other Non-Current Liabilities	2.6B	4.2B	5.1B	4.5B	5.4B	5B	3.8B	3.6B	3.4B	5.9B	4.4B	4.6B	5.1B	6.6B	6.3B	5.3B	5.3B	8.2B	8B	7.8B
Total Non-Current Liabilities	31.3B	31.1B	29.1B	27.4B	23.7B	24.5B	23.3B	22.5B	22.2B	25.1B	23.4B	24.6B	25.1B	26B	27.2B	22B	24B	26B	25.8B	23.2B
Other Liabilities	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	-3.4B	0.0	0.0
Capital Lease Obligations	1.1B	0.0	0.0	0.0	0.0	0.0	328M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Total Liabilities	39.8B	39.7B	38.8B	33.9B	28.4B	29.9B	28.4B	26.9B	28.3B	30.4B	30.3B	31.6B	32.8B	34.3B	35.6B	30.1B	30.7B	27.8B	31.3B	28.3B
SHAREHOLDERS' EQUITY
Treasury Stock	-1.8B	-1.8B	-1.8B	-1.8B	-1.8B	-1.9B	-1.9B	-1.9B	-1.9B	-1.9B	-1.8B	-1.4B	-1.1B	-780M	-489M	-216M	-126M	-144M	0.0	0.0
Preferred Stock	2.8B	0.0	838M	838M	838M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Common Stock	9M	9M	8M	8M	8M	8M	8M	8M	8M	8M	8M	8M	8M	8M	8M	8M	7M	7M	7M	7M
Additional Paid-In Capital	5.9B	5.9B	6.4B	6.7B	7.1B	7.6B	7.8B	8.2B	8.5B	8.6B	8.7B	8.4B	8.4B	8.5B	8.5B	8.4B	6.9B	6.8B	6.8B	6.7B
Retained Earnings	641M	293M	-1.4B	-1.6B	-1.1B	-680M	-692M	-1B	-2.3B	-1.1B	143M	512M	-150M	-264M	678M	620M	650M	-8M	-1.2B	-1B
Accumulated Other Comprehensive Income/Loss	-698M	-766M	-1.5B	-1.6B	-2.2B	-2.4B	-2.2B	-2.1B	-1.9B	-2.8B	-3.9B	-3.3B	-2.9B	-2.9B	-2.8B	-2.4B	-2.7B	-3B	-2.4B	-2.6B
Other Total Stockholders' Equity	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	78M	0.0	0.0	0.0	0.0	0.0
Total Stockholders' Equity	6.9B	3.6B	2.5B	2.4B	2.8B	2.6B	3B	3.2B	2.5B	2.8B	3.1B	4.3B	4.3B	4.6B	6B	6.5B	4.7B	3.7B	3.2B	3B
Total Equity	11.9B	7.7B	6B	4.5B	4.6B	4.7B	5.2B	5.6B	4.8B	5.7B	6.2B	7.3B	7.7B	7.5B	9.8B	10.4B	8.9B	3.7B	3.2B	6.1B
Minority Interest	5B	4.1B	3.5B	2.1B	1.8B	2.1B	2.2B	2.4B	2.4B	2.9B	3B	3.1B	3.3B	2.9B	3.8B	3.9B	4.2B	0.0	0.0	3.1B
SUMMARY
Total Liabilities & Equity	51.8B	47.4B	44.8B	38.4B	33B	34.6B	33.6B	32.5B	33.1B	36.1B	36.9B	39B	40.4B	41.8B	45.3B	40.5B	39.5B	34.8B	34.5B	31.2B
Total Investments	2.2B	1.2B	1.3B	1.7B	1.3B	1.2B	1.4B	1.4B	1.6B	1.2B	1.1B	1.2B	1.7B	1.9B	2.8B	3B	2.8B	2.3B	2B	596M
Total Debt	30.3B	29B	26.9B	23.5B	18.7B	19.9B	20.2B	19.3B	20B	19.5B	20.1B	20.9B	21B	20.7B	22B	18.8B	19.5B	17.7B	18B	16B
Net Debt	28.3B	27.5B	25.5B	22.1B	17.8B	18.8B	19.1B	18.1B	19B	19.2B	19.5B	19.3B	19.4B	19.4B	20.3B	17.2B	18.1B	17.2B	15.9B	14.2B
Shares Outstanding	712,029,161	712,029,161	712,029,161	712,029,161	712,029,161	712,029,161	712,029,161	712,029,161	712,029,161	712,029,161	712,029,161	712,029,161	712,029,161	712,029,161	712,029,161	712,029,161	712,029,161	712,029,161	712,029,161	712,029,161

SEC Filings

AES - Filing history and reports

Filing Type	Filing Date	Period Ending	Fiscal Year	Actions
10-Q 10-Q 2026 Q1 Q1	May 05, 2026	March 31, 2026	2026	View Filing
8-K 8-K 2026 N/A	April 30, 2026	April 29, 2026	2026	View Filing
8-K 8-K 2026 N/A	April 16, 2026	April 14, 2026	2026	View Filing
DEF 14A DEF 14A 2026 N/A	March 20, 2026	April 29, 2026	2026	View Filing
8-K 8-K 2026 N/A	March 19, 2026	March 13, 2026	2026	View Filing
8-K 8-K 2026 N/A	March 02, 2026	March 01, 2026	2026	View Filing
10-K 10-K 2025 FY FY	March 02, 2026	December 31, 2025	2025	View Filing
8-K 8-K 2026 N/A	January 16, 2026	January 16, 2026	2026	View Filing
10-Q 10-Q 2025 Q3 Q3	November 04, 2025	September 30, 2025	2025	View Filing
8-K 8-K 2025 N/A	November 04, 2025	November 04, 2025	2025	View Filing

Showing 1 to 10 of 620 filings

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