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Saturday 17 October 2026 Export AES’s income statement to Excel — free account

The AES Corporation

AES Utilities Utilities Diversified

The AES Corporation’s revenue for fiscal 2025 (year ended December 2025) was $12.2 billion, roughly unchanged from fiscal 2024. In the quarter to June 2026, revenue grew 19.9%, EPS grew 500.0%, free cash flow fell 67.7% and total debt rose 6.10%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for ten consecutive years.

14.95 0.02 −0.13%
Market cap
$10.7B
P/E
5.7×
Fwd P/E
7.3×
Dividend yield
4.71%
F-score
4/9
Altman Z
0.36
Beneish M
−2.80
Dividend safety
16/100
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

The AES Corporation (AES) EV/EBITDA

Alert me on EV/EBITDA

As of 16 October 2026, The AES Corporation (AES) trades at a EV/EBITDA of 16.3×. Over the past ten years it has ranged from 0.0× (March 2022) to 177× (September 2022); the current reading is higher than 46% of that period. That is above the Utilities Diversified industry median of 9.8× and above the Utilities sector median of 12.4×.

EV/EBITDA, daily

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Annual newest first

Period EV/EBITDA Change
FY2025 23.0× 37.72%
FY2024 16.7× (44.43%)
FY2023 30.1× (18.20%)
FY2022 36.8× —
FY2021 0.0× —
FY2020 19.2× 29.95%
FY2019 14.8× 73.42%
FY2018 8.5× (35.11%)
FY2017 13.1× (28.52%)
FY2016 18.4× 59.21%

Quarterly newest first

Period EV/EBITDA Change
Jun 2026 16.2× (16.42%)
Mar 2026 19.3× (15.93%)
Dec 2025 23.0× 17.54%
Sep 2025 19.6× 1.67%
42 more quarters

Against its own ten years

Low 0.0× High 177×
Ten-year median 16.6×
Current reading's percentile 46

EV/EBITDA against peers

Company EV/EBITDA
BIP Brookfield Infrastructure Partners LP compare 6.8×
UTL Unitil Corporation compare 8.2×
AVA Avista Corporation compare 9.8×
AES The AES Corporation 16.3×
SRE Sempra compare 17.2×
ELPC Companhia Paranaense de Energia - Copel Unsponsored ADR compare —
Utilities Diversified industry median 9.8×
Utilities sector median 12.4×
Market median 11.0×

What EV/EBITDA is

Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)

The full definition of EV/EBITDA →

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