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AES AES Current ratio

Current ratio at other companies

Nextra Energy logo
Nextra EnergyNEE
0.5×0.0×
Duke Energy logo
Duke EnergyDUK
0.7×-0.2×
Quanta Services logo
Quanta ServicesPWR
1.1×-0.2×
Constellation Energy logo
Constellation EnergyCEG
1.4×
Argan logo
ArganAGX
1.5×-0.2×
CMS
CMS EnergyCMS
0.8×-0.2×

Other financials

Income statement

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Revenue$3.2B+8.7%
Gross profit$640.0M+45.1%
Net income$487.0M+959%
EPS (diluted)$0.68+871%

Balance sheet

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Cash & equivalents$2.3B-9.6%
Total debt$1.2B+17.8%
Total equity$4.4B+27.5%
Total assets$52.8B+8.6%

Cash flow

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Operating cash flow$1.2B+120%
CapEx$1.8B+40.8%
Free cash flow-$565.0M+20.3%

Valuation

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Market cap$10.43B+13.6%
P/E7.7×+0.6×
P/S0.8×+0.1×

Profitability

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Gross margin19.3%+1.7pp
Net margin10.8%+0.2pp
FCF margin-11.8%-4.4pp

Returns & leverage

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Return on equity34.3%-6.4pp
Debt / equity0.3×0.0×

Where this comes from

Calculated from AES’s reported figures.

Based on the most recent quarter.

The official record: AES’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is AES's current ratio?
AES (AES) reported current ratio of 0.7× in Q1 2026.
How has AES's current ratio changed year-over-year?
AES's current ratio decreased by 13.5% year-over-year, from 0.8× to 0.7×.
What is the long-term trend for AES's current ratio?
Over 5 years (2020 to 2025), AES's current ratio has grown at a -5.4% compound annual growth rate (CAGR), from 1× to 0.8×.
What does current ratio mean?
Whether the company has enough short-term assets to cover its short-term bills.
How do you interpret current ratio?
Above 1.0 means short-term assets cover short-term liabilities. Very high values can signal idle cash or bloated inventory/receivables rather than strength — there's a healthy middle, not 'more is better'.
How does current ratio compare across companies?
Comparable within an industry. Working-capital-light businesses can operate safely below 1.0 by collecting before they pay.