The AES Corporation (AES) Debt to Equity Ratio: 4.40
Is The AES Corporation’s debt to equity ratio high or low?
The AES Corporation's debt to equity ratio of 4.40 is 44% below its 5-year average of 7.84, near the low end of its 5-year range (4.40–10.80).
As of Saturday, June 20, 2026. 28.80% below its 12-month average of 6.18.
AES Debt to Equity Ratio Chart
AES Average Debt to Equity Ratio Chart
AES Current vs Average Debt to Equity Ratio Chart
AES Debt to Equity Ratio Metrics
DEBT TO EQUITY RATIO
4.40
DEBT TO EQUITY RATIO AVG TTM
6.18
DEBT TO EQUITY RATIO AVG 3Y
8.20
DEBT TO EQUITY RATIO AVG 5Y
7.84
DEBT TO EQUITY RATIO AVG 10Y
7.38
DEBT TO EQUITY RATIO AVG 15Y
6.38
DEBT TO EQUITY RATIO AVG 20Y
6.30
CURRENT VS TTM AVG
-28.80%
CURRENT VS 3Y AVG
-46.34%
CURRENT VS 5Y AVG
-43.87%
CURRENT VS 10Y AVG
-40.40%
CURRENT VS 15Y AVG
-31.01%
CURRENT VS 20Y AVG
-30.16%
AES Competitors' Debt to Equity Ratio
| NAME | MARKET CAP | DEBT TO EQUITY RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| The AES Corporation (AES) | $10.43B | 4.40 | 6.18 | 8.20 | 7.84 |
| Brookfield Renewable Partners L.P. (BEP)vs › | $10.69B | 7.78 | 5.73 | 4.19 | 3.75 |
| Clearway Energy, Inc. (CWEN-A)vs › | $8.31B | 5.30 | 4.53 | 4.12 | 4.17 |
| Black Hills Corporation (BKH)vs › | $5.54B | 1.23 | 1.24 | 1.35 | 1.42 |
| Alliant Energy Corporation (LNT)vs › | $18.85B | 1.68 | 1.58 | 1.49 | 1.42 |
| Talen Energy Corporation (TLN)vs › | $19.81B | 6.24 | 4.21 | 3.19 | 4.01 |
| NiSource Inc. (NI)vs › | $22.66B | 1.72 | 1.67 | 1.64 | 1.62 |
| CMS Energy Corporation (CMS)vs › | $22.67B | 2.07 | 2.04 | 2.05 | 2.06 |
| American Water Works Company, Inc. (AWK)vs › | $24.42B | 1.47 | 1.42 | 1.43 | 1.49 |
| Eversource Energy (ES)vs › | $26.17B | 1.87 | 1.91 | 1.80 | 1.64 |
Financial Health
Debt/Equity
4.40
Current Ratio
0.77
The AES Corporation Debt to Equity Ratio Formula & Definition
Debt to Equity measures financial leverage by comparing total debt to shareholders' equity.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
The AES Corporation Debt to Equity Ratio FAQ
- What is the debt to equity ratio for The AES Corporation (AES)?
- The debt to equity ratio for AES stock is 4.40.
- Is The AES Corporation's debt to equity ratio high or low?
- The AES Corporation's debt to equity ratio of 4.40 is 44% below its 5-year average of 7.84, near the low end of its 5-year range (4.40–10.80).
- What is the TTM average debt to equity ratio for The AES Corporation (AES)?
- The TTM average debt to equity ratio for AES stock is 6.18.
- What is the 3Y average debt to equity ratio for The AES Corporation (AES)?
- The 3Y average debt to equity ratio for AES stock is 8.20.
- What is the 5Y average debt to equity ratio for The AES Corporation (AES)?
- The 5Y average debt to equity ratio for AES stock is 7.84.
- What is the 10Y average debt to equity ratio for The AES Corporation (AES)?
- The 10Y average debt to equity ratio for AES stock is 7.38.
- What is the 15Y average debt to equity ratio for The AES Corporation (AES)?
- The 15Y average debt to equity ratio for AES stock is 6.38.
- What is the 20Y average debt to equity ratio for The AES Corporation (AES)?
- The 20Y average debt to equity ratio for AES stock is 6.30.
The AES Corporation Debt to Equity Ratio History
| DATE | DEBT TO EQUITY RATIO |
|---|---|
| 2025-12-31 | 4.40 |
| 2024-12-31 | 7.96 |
| 2023-12-31 | 10.80 |
| 2022-12-31 | 9.64 |
| 2021-12-31 | 6.68 |
| 2020-12-31 | 7.55 |
| 2019-12-31 | 6.73 |
| 2018-12-31 | 6.01 |
| 2017-12-31 | 8.10 |
| 2016-12-31 | 6.96 |
| 2015-12-31 | 6.38 |
| 2014-12-31 | 4.88 |
| 2013-12-31 | 4.86 |
| 2012-12-31 | 4.54 |
| 2011-12-31 | 3.66 |
| 2010-12-31 | 2.90 |
| 2009-12-31 | 4.18 |
| 2008-12-31 | 4.82 |
| 2007-12-31 | 5.69 |
| 2006-12-31 | 5.28 |
| 2005-12-31 | 10.29 |
| 2004-12-31 | 11.30 |
| 2003-12-31 | 30.45 |
| 2001-12-31 | 3.83 |
| 2000-12-31 | 3.91 |
| 1999-12-31 | 4.56 |
| 1998-12-31 | 3.71 |
| 1997-12-31 | 3.50 |
| 1996-12-31 | 3.06 |
Related Metrics
About The AES Corporation
The AES Corporation operates as an international enterprise primarily focused on electricity generation and distribution. Its activities involve both the ownership and management of power plants, producing and supplying electricity to a diverse clientele that includes other utility companies, large industrial consumers, and various intermediate purchasers. Beyond generation, AES also functions as a utility provider, managing infrastructure to either produce or acquire, then transmit, distribute, and ultimately sell power directly to end-users across residential, commercial, industrial, and governmental sectors. The company is also an active participant in the wholesale electricity market. For power production, AES utilizes a broad spectrum of energy sources and advanced technologies. This includes conventional fuels like coal and natural gas, as well as a significant commitment to renewables such as hydroelectric, wind, solar, and biomass. Its renewable portfolio further incorporates energy storage solutions and landfill gas. With an operational generation capacity of approximately 31,459 megawatts, the company maintains a substantial global presence, conducting business in the United States, Puerto Rico, various nations across Central and South America (including El Salvador, Chile, Colombia, Argentina, Brazil, Mexico), the Caribbean, Europe, and Asia. Founded in 1981, the company was initially named Applied Energy Services, Inc., before officially rebranding to The AES Corporation in April 2000. Its corporate headquarters are located in Arlington, Virginia.
- Sector
- Utilities
- Industry
- Independent Power Producers
- CEO
- Andres Ricardo Gluski Weilert