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The AES Corporation (AES)
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AES Balance Sheet

Assets, liabilities, and equity analysis

AES Quarterly Balance Sheet (USD)

Quarterly ReportTTM
03/31/2026
12/31/2025
09/30/2025
06/30/2025
03/31/2025
12/31/2024
09/30/2024
06/30/2024
Total Current Assets
6.110B6.110B6.502B6.820B6.320B7.878B6.831B10.526B9.555B
1.600B1.600B2.073B1.758B1.350B1.753B1.524B1.919B1.773B
Short-Term Investments
51.000M51.000M174.000M66.000M0.0064.000M79.000M62.000M61.000M
Cash & Short-Term Investments
1.651B1.651B2.247B1.824B1.350B1.817B1.603B1.981B1.834B
1.651B1.651B1.752B1.790B1.865B1.719B1.646B1.868B1.507B
648.000M648.000M612.000M607.000M647.000M624.000M593.000M646.000M661.000M
52.819B52.819B51.768B50.783B48.542B48.615B47.406B50.079B47.738B
39.290B39.290B38.187B36.511B34.727B33.995B33.166B32.354B30.732B
342.000M342.000M342.000M345.000M345.000M345.000M345.000M348.000M348.000M
Intangible Assets
2.019B2.019B2.040B2.016B2.050B1.943B1.947B1.928B1.879B
Long-Term Investments
1.006B1.006B2.006B1.030B1.091B1.129B1.124B1.162B1.156B
Total Current Liabilities
8.374B8.374B8.492B9.434B7.679B9.344B8.571B12.375B9.823B
2.767B2.767B1.980B2.000B2.284B2.260B2.571B2.663B2.422B
3.200B3.200B3.147B4.386B3.717B4.167B3.587B4.946B3.066B
Total Liabilities
43.463B43.463B39.839B40.253B40.859B40.890B39.702B42.440B40.709B
27.799B27.799B26.072B26.463B26.554B26.409B25.431B24.506B25.488B
30.999B30.999B30.327B30.849B30.271B30.576B29.018B29.452B28.554B
Net Debt (Cash)
29.399B29.399B28.254B29.091B28.921B28.823B27.494B27.533B26.781B
4.420B4.420B6.887B3.865B3.369B3.468B3.644B3.290B3.091B
Common Stock
9.000M9.000M9.000M9.000M9.000M9.000M9.000M9.000M9.000M
1.003B1.003B641.000M555.000M-79.000M214.000M293.000M-267.000M-769.000M
0.730.730.770.720.820.840.800.850.97
7.017.014.407.988.998.827.968.959.24

AES Annual Balance Sheet (USD)

Annual Report
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
Total Current Assets
6.502B6.831B6.649B7.643B5.356B5.414B5.231B5.015B
2.073B1.524B1.426B1.374B943.000M1.089B1.029B1.166B
Short-Term Investments
174.000M79.000M395.000M730.000M232.000M335.000M400.000M313.000M
Cash & Short-Term Investments
2.247B1.603B1.821B2.104B1.175B1.424B1.429B1.479B
1.752B1.646B1.420B1.799B1.418B1.300B1.479B1.595B
612.000M593.000M712.000M1.055B604.000M461.000M487.000M577.000M
51.768B47.406B44.799B38.363B32.963B34.603B33.648B32.521B
38.187B33.166B29.958B23.039B19.906B22.826B22.574B21.396B
342.000M345.000M348.000M362.000M1.177B1.061B1.059B1.059B
Intangible Assets
2.040B1.947B2.243B1.841B1.450B827.000M469.000M436.000M
Long-Term Investments
2.006B1.124B941.000M952.000M1.080B835.000M966.000M1.114B
Total Current Liabilities
8.492B8.571B9.731B6.491B4.732B5.362B5.096B4.399B
1.980B2.571B3.173B2.392B1.153B1.156B1.311B1.329B
3.147B3.587B4.132B1.758B1.367B1.430B1.868B1.659B
Total Liabilities
39.839B39.702B38.814B33.859B28.396B29.883B28.419B26.917B
26.072B25.431B22.746B21.740B17.332B18.451B18.305B17.636B
30.327B29.018B26.878B23.498B18.699B19.881B20.173B19.295B
Net Debt (Cash)
28.254B27.494B25.452B22.124B17.756B18.792B19.144B18.129B
6.887B3.644B2.488B2.437B2.798B2.634B2.996B3.208B
Common Stock
9.000M9.000M8.000M8.000M8.000M8.000M8.000M8.000M
641.000M293.000M-1.386B-1.635B-1.089B-680.000M-692.000M-1.005B
0.770.800.681.181.131.011.031.14
4.407.9610.809.646.687.556.736.01

Values are displayed in USD. Negative numbers shown in red.

Values are displayed in USD. Negative numbers are shown in red.

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