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The AES Corporation (AES) EV/EBITDA Ratio: 10.61x

Is The AES Corporation’s EV/EBITDA ratio high or low?

The AES Corporation's EV/EBITDA ratio of 10.61x is 41% below its 5-year average of 17.93x, near the low end of its 5-year range (9.31x–43.09x).

As of Saturday, June 20, 2026. 3.07% below its 12-month average of 10.95x.

AES EV/EBITDA Ratio Chart

AES EV/EBITDA Ratio
10.61x-0.75% 1Y
Zoom

AES Average EV/EBITDA Ratio Chart

AES Current vs Average EV/EBITDA Ratio Chart

AES EV/EBITDA Ratio Metrics

EV/EBITDA RATIO

10.61x

EV/EBITDA RATIO AVG TTM

10.95x

EV/EBITDA RATIO AVG 3Y

13.41x

EV/EBITDA RATIO AVG 5Y

14.41x

EV/EBITDA RATIO AVG 10Y

11.79x

EV/EBITDA RATIO AVG 15Y

10.26x

EV/EBITDA RATIO AVG 20Y

8.70x

CURRENT VS TTM AVG

-3.07%

CURRENT VS 3Y AVG

-20.87%

CURRENT VS 5Y AVG

-26.36%

CURRENT VS 10Y AVG

-10.04%

CURRENT VS 15Y AVG

+3.44%

CURRENT VS 20Y AVG

+21.89%

AES Competitors' EV/EBITDA Ratio

NAMEMARKET CAPEV/EBITDA RATIOTTM3Y5Y
The AES Corporation (AES)$10.43B10.61x10.95x13.41x14.41x
Brookfield Renewable Partners L.P. (BEP)vs ›$10.69B9.27x9.93x9.77x10.64x
Clearway Energy, Inc. (CWEN-A)vs ›$8.31B12.78x11.77x10.18x10.08x
Black Hills Corporation (BKH)vs ›$5.54B12.21x11.50x11.13x11.97x
Alliant Energy Corporation (LNT)vs ›$18.85B14.93x14.50x13.72x13.85x
Talen Energy Corporation (TLN)vs ›$19.81B32.76x29.54x14.29x14.29x
NiSource Inc. (NI)vs ›$22.66B12.63x12.52x11.92x11.99x
CMS Energy Corporation (CMS)vs ›$22.67B12.65x12.26x12.08x12.26x
American Water Works Company, Inc. (AWK)vs ›$24.42B14.26x14.71x15.68x17.49x
Eversource Energy (ES)vs ›$26.17B9.99x10.68x16.98x15.52x

EV/EBITDA vs. its own history

At 10.6, EV/EBITDA is richer than usual, sitting higher than 72% of its 20-year history.

20-year low

3.0

median

9.0

20-year high

43.1

cheaperricher

The AES Corporation EV/EBITDA Ratio Formula & Definition

EV/EBITDA = Enterprise Value / EBITDA (TTM)

Enterprise value to EBITDA is a capital-structure-neutral valuation multiple, useful for comparing companies with different debt levels and tax rates.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

The AES Corporation EV/EBITDA Ratio FAQ

What is the EV/EBITDA ratio for The AES Corporation (AES)?
The EV/EBITDA ratio for AES stock is 10.61x.
Is The AES Corporation's EV/EBITDA ratio high or low?
The AES Corporation's EV/EBITDA ratio of 10.61x is 41% below its 5-year average of 17.93x, near the low end of its 5-year range (9.31x–43.09x).
What is the TTM average EV/EBITDA ratio for The AES Corporation (AES)?
The TTM average EV/EBITDA ratio for AES stock is 10.95x.
What is the 3Y average EV/EBITDA ratio for The AES Corporation (AES)?
The 3Y average EV/EBITDA ratio for AES stock is 13.41x.
What is the 5Y average EV/EBITDA ratio for The AES Corporation (AES)?
The 5Y average EV/EBITDA ratio for AES stock is 14.41x.
What is the 10Y average EV/EBITDA ratio for The AES Corporation (AES)?
The 10Y average EV/EBITDA ratio for AES stock is 11.79x.
What is the 15Y average EV/EBITDA ratio for The AES Corporation (AES)?
The 15Y average EV/EBITDA ratio for AES stock is 10.26x.
What is the 20Y average EV/EBITDA ratio for The AES Corporation (AES)?
The 20Y average EV/EBITDA ratio for AES stock is 8.70x.

The AES Corporation EV/EBITDA Ratio History

DATEEV/EBITDA RATIO
2026-06-1810.61x
2026-06-1710.61x
2026-06-1610.61x
2026-06-1510.62x
2026-06-1210.62x
2026-06-1110.62x
2026-06-1010.61x
2026-06-0910.62x
2026-06-0810.62x
2026-06-0510.62x
2026-06-0410.63x
2026-06-0310.62x
2026-06-0210.62x
2026-06-0110.62x
2026-05-2910.62x
2026-05-2810.62x
2026-05-2710.62x
2026-05-2610.62x
2026-05-2210.62x
2026-05-2110.62x
2026-05-2010.63x
2026-05-1910.60x
2026-05-1810.59x
2026-05-1510.58x
2026-05-1410.58x
2026-05-1310.57x
2026-05-1210.57x
2026-05-1110.56x
2026-05-0810.55x
2026-05-0710.54x
2026-05-0610.55x
2026-05-0510.56x
2026-05-0411.41x
2026-05-0111.41x
2026-04-3011.45x
2026-04-2911.45x
2026-04-2811.45x
2026-04-2711.45x
2026-04-2411.45x
2026-04-2311.46x
2026-04-2211.45x
2026-04-2111.44x
2026-04-2011.45x
2026-04-1711.45x
2026-04-1611.46x
2026-04-1511.45x
2026-04-1411.43x
2026-04-1311.43x
2026-04-1011.43x
2026-04-0911.44x
2026-04-0811.43x
2026-04-0711.44x
2026-04-0611.42x
2026-04-0211.41x
2026-04-0111.39x
2026-03-3111.37x
2026-03-3011.35x
2026-03-2711.35x
2026-03-2611.35x
2026-03-2511.36x
2026-03-2411.38x
2026-03-2311.37x
2026-03-2011.37x
2026-03-1911.38x
2026-03-1811.39x
2026-03-1711.39x
2026-03-1611.39x
2026-03-1311.39x
2026-03-1211.40x
2026-03-1111.40x
2026-03-1011.39x
2026-03-0911.39x
2026-03-0611.38x
2026-03-0511.40x
2026-03-0411.41x
2026-03-0311.39x
2026-03-0211.39x
2026-02-2710.81x
2026-02-2610.62x
2026-02-2510.64x
2026-02-2410.62x
2026-02-2310.62x
2026-02-2010.67x
2026-02-1910.64x
2026-02-1810.63x
2026-02-1710.65x
2026-02-1310.62x
2026-02-1210.61x
2026-02-1110.65x
2026-02-1010.62x
2026-02-0910.58x
2026-02-0610.58x
2026-02-0510.50x
2026-02-0410.53x
2026-02-0310.59x
2026-02-0210.34x
2026-01-3010.32x
2026-01-2910.39x
2026-01-2810.42x
2026-01-2710.37x
2026-01-2610.32x
2026-01-2310.25x
2026-01-2210.31x
2026-01-2110.24x
2026-01-2010.16x
2026-01-1610.24x
2026-01-1510.28x
2026-01-1410.20x
2026-01-1310.19x
2026-01-1210.21x
2026-01-0910.26x
2026-01-0810.24x
2026-01-0710.28x
2026-01-0610.37x
2026-01-0510.34x
2026-01-0210.35x
2025-12-3110.26x
2025-12-3010.29x
2025-12-2910.22x
2025-12-2610.21x
2025-12-2410.19x
2025-12-2310.18x
2025-12-2210.17x
2025-12-1910.11x
2025-12-1810.14x
2025-12-1710.10x
2025-12-1610.13x
2025-12-1510.17x
2025-12-1210.17x
2025-12-1110.20x
2025-12-1010.16x
2025-12-0910.19x
2025-12-0810.17x
2025-12-0510.19x
2025-12-0410.19x
2025-12-0310.15x
2025-12-0210.19x
2025-12-0110.20x
2025-11-2810.21x
2025-11-2610.18x
2025-11-2510.16x
2025-11-2410.18x
2025-11-2110.15x
2025-11-2010.11x
2025-11-1910.16x
2025-11-1810.15x
2025-11-1710.19x
2025-11-1410.17x
2025-11-1310.14x
2025-11-1210.21x
2025-11-1110.25x
2025-11-1010.24x
2025-11-0710.22x
2025-11-0610.24x
2025-11-0510.24x
2025-11-0410.10x
2025-11-0311.53x
2025-10-3111.58x
2025-10-3011.61x
2025-10-2911.69x
2025-10-2811.71x
2025-10-2711.71x
2025-10-2411.73x
2025-10-2311.65x
2025-10-2211.67x
2025-10-2111.68x
2025-10-2011.69x
2025-10-1711.73x
2025-10-1611.78x
2025-10-1511.77x
2025-10-1411.69x
2025-10-1311.70x
2025-10-1011.62x
2025-10-0911.73x
2025-10-0811.76x
2025-10-0711.69x
2025-10-0611.67x
2025-10-0311.73x
2025-10-0211.67x
2025-10-0111.90x
2025-09-3011.43x
2025-09-2911.43x
2025-09-2611.45x
2025-09-2511.40x
2025-09-2411.47x
2025-09-2311.43x
2025-09-2211.42x
2025-09-1911.41x
2025-09-1811.39x
2025-09-1711.29x
2025-09-1611.33x
2025-09-1511.40x
2025-09-1211.37x
2025-09-1111.36x
2025-09-1011.34x
2025-09-0911.34x
2025-09-0811.34x
2025-09-0511.38x
2025-09-0411.36x
2025-09-0311.45x
2025-09-0211.48x
2025-08-2911.51x
2025-08-2811.50x
2025-08-2711.47x
2025-08-2611.47x
2025-08-2511.50x
2025-08-2211.50x
2025-08-2111.39x
2025-08-2011.44x
2025-08-1911.46x
2025-08-1811.47x
2025-08-1511.46x
2025-08-1411.38x
2025-08-1311.41x
2025-08-1211.38x
2025-08-1111.35x
2025-08-0811.42x
2025-08-0711.36x
2025-08-0611.36x
2025-08-0511.34x
2025-08-0411.49x
2025-08-0111.45x
2025-07-3111.24x
2025-07-3011.22x
2025-07-2911.30x
2025-07-2811.31x
2025-07-2511.37x
2025-07-2411.37x
2025-07-2311.40x
2025-07-2211.38x
2025-07-2111.35x
2025-07-1811.28x
2025-07-1711.25x
2025-07-1611.21x
2025-07-1511.24x
2025-07-1411.12x
2025-07-1111.12x
2025-07-1011.08x
2025-07-0911.26x
2025-07-0810.80x
2025-07-0710.90x
2025-07-0310.90x
2025-07-0210.81x
2025-07-0110.74x
2025-06-3010.69x
2025-06-2710.73x
2025-06-2610.75x
2025-06-2510.68x
2025-06-2410.68x
2025-06-2310.61x
2025-06-2010.66x
2025-06-1810.69x
2025-06-1710.69x
2025-06-1610.88x
2025-06-1310.88x
2025-06-1210.90x
2025-06-1110.89x
2025-06-1010.85x
2025-06-0910.76x
2025-06-0610.76x

Showing the most recent 260 of 5,032 data points. The chart above shows the full history.

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.

Arlington, VA
9,100 employees
Utilities / Independent Power Producers
Sector
Utilities
Industry
Independent Power Producers
CEO
Andres Ricardo Gluski Weilert