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AES AES Enterprise value

Enterprise value at other companies

Nextra Energy logo
Nextra EnergyNEE
$288.83B+25.2%
Duke Energy logo
Duke EnergyDUK
$172.85B+10.1%
Quanta Services logo
Quanta ServicesPWR
$88.13B+110%
Constellation Energy logo
Constellation EnergyCEG
$122.47B
Argan logo
ArganAGX
$4.48B+161%
CMS
CMS EnergyCMS
$42.75B+9.9%

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×
Current ratio0.7×-0.1×

Where this comes from

Calculated from AES’s reported figures.

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 enterprise value?
AES (AES) reported enterprise value of $9.21B in Q4 2025.
How has AES's enterprise value changed year-over-year?
AES's enterprise value increased by 13.8% year-over-year, from $8.1B to $9.21B.
What is the long-term trend for AES's enterprise value?
Over 5 years (2020 to 2025), AES's enterprise value has grown at a -8.3% compound annual growth rate (CAGR), from $14.23B to $9.21B.
What does enterprise value mean?
What it would cost to buy the entire business, debt included and cash netted out.
How do you interpret enterprise value?
The capital-structure-neutral valuation base — used in EV/EBITDA and EV/Sales to compare companies with different leverage on a like-for-like footing.
How does enterprise value compare across companies?
Comparable across non-financial companies via the EV multiples it feeds; not used for banks and insurers.