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.

Revenue
+15.6%
EPS
−17.0%
Free cash flow
+39.9%
Total debt
+7.83%

Quarter to September 2026, against a year earlier

14.90 0.00 0.00%
Market cap
$10.6B
P/E
6.0×
Fwd P/E
7.3×
Dividend yield
4.72%
F-score
4/9
Altman Z
0.36
Beneish M
−2.80
Dividend safety
16/100

The AES Corporation (AES) EV/FCF

Alert me on EV/FCF

As of 5 November 2026, The AES Corporation (AES) trades at a EV/FCF of −27.2×. Over the past ten years it has ranged from −2,941× (October 2021) to 3,306× (June 2016); the current reading is higher than 26% of that period.

EV/FCF, daily

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Annual newest first

Period EV/FCF Change
FY2025 −23.3× —
FY2024 −7.8× —
FY2023 −8.0× —
FY2022 −21.6× —
FY2021 −156× —
FY2020 39.5× (92.38%)
FY2019 518× 325.94%
FY2018 122× 56.08%
FY2017 78.0× 71.50%
FY2016 45.5× —

Quarterly newest first

Period EV/FCF Change
Sep 2026 −27.2× —
Jun 2026 −23.4× —
Mar 2026 −26.2× —
Dec 2025 −23.3× —
43 more quarters

Against its own ten years

Low −2,941× High 3,306×
Ten-year median −7.5×
Current reading's percentile 26

EV/FCF against peers

What EV/FCF is

EV/Free CF shows how the value of a whole company, debt included, compares with the free cash its business produces.

((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)) ÷ (Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM))

The full definition of EV/FCF →

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