The AES Corporation (AES) Enterprise Value (EV): $37.57B
The enterprise value (EV) for The AES Corporation (AES) is $37.57B as of Saturday, June 20, 2026.
AES Enterprise Value (EV) Metrics
ENTERPRISE VALUE (EV)
$37.57B
AES Competitors' Enterprise Value (EV)
| NAME | MARKET CAP | ENTERPRISE VALUE (EV) |
|---|---|---|
| The AES Corporation (AES) | $10.43B | $37.57B |
| Brookfield Renewable Partners L.P. (BEP)vs › | $10.69B | $41.16B |
| Clearway Energy, Inc. (CWEN-A)vs › | $8.31B | $13.34B |
| Black Hills Corporation (BKH)vs › | $5.54B | $9.59B |
| Alliant Energy Corporation (LNT)vs › | $18.85B | $28.50B |
| Talen Energy Corporation (TLN)vs › | $19.81B | $23.20B |
| NiSource Inc. (NI)vs › | $22.66B | $35.85B |
| CMS Energy Corporation (CMS)vs › | $22.67B | $39.34B |
| American Water Works Company, Inc. (AWK)vs › | $24.42B | $41.25B |
| Eversource Energy (ES)vs › | $26.17B | $55.12B |
Enterprise Value Calculation
Market Cap
$10.43B
Total Debt
$29.22B
Cash
$2.07B
Enterprise Value
$37.57B
EV-Based Valuation Multiples
Why use EV instead of Market Cap?
- EV accounts for debt - an acquirer must pay or assume it
- EV deducts cash - the acquirer effectively receives it
- EV enables fair comparison of companies with different capital structures
- EV-based ratios (EV/EBITDA, EV/Sales) are capital structure neutral
The AES Corporation Enterprise Value (EV) Formula & Definition
Enterprise Value represents the total value of a company as if you were to acquire it completely - paying for equity while assuming debt and receiving cash.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
The AES Corporation Enterprise Value (EV) FAQ
- What is the enterprise value (EV) for The AES Corporation (AES)?
- The enterprise value (EV) for AES stock is $37.57B.
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