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AES AES EV / EBITDA

EV / EBITDA at other companies

Nextra Energy logo
Nextra EnergyNEE
19.1×+1.9×
Duke Energy logo
Duke EnergyDUK
11.2×-0.1×
Quanta Services logo
Quanta ServicesPWR
32.9×+13.9×
CMS
CMS EnergyCMS
14×+0.3×
Argan logo
ArganAGX
32.8×+13.8×
Entergy logo
EntergyETR
11.2×+2.8×

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.

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 EV / EBITDA?
AES (AES) reported EV / EBITDA of 2.2× in Q4 2024.
What is the long-term trend for AES's EV / EBITDA?
Over 3 years (2020 to 2024), AES's EV / EBITDA has grown at a -26.0% compound annual growth rate (CAGR), from 5.5× to 2.2×.
What does EV / EBITDA mean?
What the whole business (debt included) costs relative to its operating cash earnings.
How do you interpret EV / EBITDA?
Lets you compare companies with different leverage and tax positions on a like-for-like basis — the standard multiple in M&A. Lower can mean cheaper, subject to growth and capital intensity.
How does EV / EBITDA compare across companies?
Broadly comparable across non-financial sectors; not used for banks and insurers, where EBITDA is not meaningful.