The AES (AES) Interest Coverage Ratio: History & Chart

The AES Corporation(AES)

Diversified Utilities · Arlington, VA

$14.83-0.02 (-0.13%)

Delayed quote: Sep 18, 2026, 4:00 PM EDT

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

8,336 employees

www.aes.com

Utilities / Diversified Utilities

Sector: Utilities
Industry: Diversified Utilities
CEO: Andres Ricardo Gluski Weilert

View full financials

AES Interest Coverage Ratio Metrics

INTEREST COVERAGE RATIO

1.39x

INTEREST COVERAGE RATIO AVG TTM

1.50x

INTEREST COVERAGE RATIO AVG 3Y

1.41x

INTEREST COVERAGE RATIO AVG 5Y

1.62x

INTEREST COVERAGE RATIO AVG 10Y

2.00x

INTEREST COVERAGE RATIO AVG 15Y

2.02x

INTEREST COVERAGE RATIO AVG 20Y

2.03x

CURRENT VS TTM AVG

-7.42%

CURRENT VS 3Y AVG

-1.22%

CURRENT VS 5Y AVG

-13.98%

CURRENT VS 10Y AVG

-30.49%

CURRENT VS 15Y AVG

-31.29%

CURRENT VS 20Y AVG

-31.58%

SECTOR MEDIAN · UTILITIES

2.39x

median of 39 covered companies

CURRENT VS SECTOR MEDIAN

-41.84%

vs the sector median at left

NAME	MARKET CAP	INTEREST COVERAGE RATIO	TTM	3Y	5Y
The AES Corporation (AES)	$10.58B	1.39x	1.50x	1.41x	1.62x
Pinnacle West Capital Corporation (PNW)vs ›	$11.42B	2.65x	2.67x	2.67x	2.93x
Brookfield Renewable Partners L.P. (BEP)vs ›	$9.13B	0.35x	0.45x	0.68x	0.99x
UGI Corporation (UGI)vs ›	$8.07B	2.69x	2.32x	3.23x	4.09x
Talen Energy Corporation (TLN)vs ›	$13.27B	0.05x	0.37x	0.32x	0.32x
Oklo Inc. (OKLO)vs ›	$6.61B	N/A	N/A	N/A	N/A
Black Hills Corporation (BKH)vs ›	$5.36B	2.60x	2.59x	2.65x	2.71x
Alliant Energy Corporation (LNT)vs ›	$16.94B	2.00x	1.98x	2.30x	2.43x
Avista Corporation (AVA)vs ›	$3.04B	2.39x	2.25x	2.00x	2.09x
Evergy, Inc. (EVRG)vs ›	$18.39B	2.42x	2.50x	2.65x	2.88x

NAME

MARKET CAP

INTEREST COVERAGE RATIO

TTM

The AES Corporation (AES)

$10.58B

1.39x

1.50x

1.41x

1.62x

Pinnacle West Capital Corporation (PNW)vs ›

$11.42B

2.65x

2.67x

2.93x

Brookfield Renewable Partners L.P. (BEP)vs ›

$9.13B

0.35x

0.45x

0.68x

0.99x

UGI Corporation (UGI)vs ›

$8.07B

2.69x

2.32x

3.23x

4.09x

Talen Energy Corporation (TLN)vs ›

$13.27B

0.05x

0.37x

0.32x

Oklo Inc. (OKLO)vs ›

$6.61B

N/A

Black Hills Corporation (BKH)vs ›

$5.36B

2.60x

2.59x

2.65x

2.71x

Alliant Energy Corporation (LNT)vs ›

$16.94B

2.00x

1.98x

2.30x

2.43x

Avista Corporation (AVA)vs ›

$3.04B

2.39x

2.25x

2.00x

2.09x

Evergy, Inc. (EVRG)vs ›

$18.39B

2.42x

2.50x

2.65x

2.88x

Interest Coverage Ratio FAQ

What is the interest coverage ratio for The AES Corporation (AES)?

The interest coverage ratio for AES stock is 1.39x.

Is The AES Corporation's interest coverage ratio high or low?

The interest coverage ratio of 1.39x is 14% below its 5-year average of 1.62x, near the low end of its 5-year range (0.92x–3.44x).

What is the TTM average interest coverage ratio for The AES Corporation (AES)?

The TTM average interest coverage ratio for AES stock is 1.50x.

What is the 3Y average interest coverage ratio for The AES Corporation (AES)?

The 3Y average interest coverage ratio for AES stock is 1.41x.

What is the 5Y average interest coverage ratio for The AES Corporation (AES)?

The 5Y average interest coverage ratio for AES stock is 1.62x.

What is the 10Y average interest coverage ratio for The AES Corporation (AES)?

The 10Y average interest coverage ratio for AES stock is 2.00x.

What is the 15Y average interest coverage ratio for The AES Corporation (AES)?

The 15Y average interest coverage ratio for AES stock is 2.02x.

What is the 20Y average interest coverage ratio for The AES Corporation (AES)?

The 20Y average interest coverage ratio for AES stock is 2.03x.

DATE	INTEREST COVERAGE RATIO
2026-06-30	1.71x
2026-03-31	1.66x
2025-12-31	1.38x
2025-09-30	1.59x
2025-06-30	1.17x
2025-03-31	1.11x
2024-12-31	0.92x
2024-09-30	1.77x
2024-06-30	1.36x
2024-03-31	1.53x
2023-12-31	1.23x
2023-09-30	2.59x
2023-06-30	1.46x
2023-03-31	1.62x
2022-12-31	1.63x
2022-09-30	3.17x
2022-06-30	1.93x
2022-03-31	2.04x
2021-12-31	2.38x
2021-09-30	3.44x
2021-06-30	3.06x
2021-03-31	3.56x
2020-12-31	2.64x
2020-09-30	2.89x
2020-06-30	4.20x
2020-03-31	2.17x
2019-12-31	1.94x
2019-09-30	2.73x
2019-06-30	1.71x
2019-03-31	2.14x
2018-12-31	2.39x
2018-09-30	2.58x
2018-06-30	2.26x
2018-03-31	2.27x
2017-12-31	1.87x
2017-09-30	2.09x
2017-06-30	2.24x
2017-03-31	1.66x
2016-12-31	1.71x
2016-09-30	1.96x
2016-06-30	1.99x
2016-03-31	1.66x
2015-12-31	1.71x
2015-09-30	1.96x
2015-06-30	2.46x
2015-03-31	1.83x
2014-12-31	1.74x
2014-09-30	1.85x
2014-06-30	2.37x
2014-03-31	1.99x
2013-12-31	1.46x
2013-09-30	2.44x
2013-06-30	2.52x
2013-03-31	1.88x
2012-12-31	2.34x
2012-09-30	2.28x
2012-06-30	1.61x
2012-03-31	2.37x
2011-12-31	2.37x
2011-09-30	2.20x
2011-06-30	2.35x
2011-03-31	2.66x
2010-12-31	2.50x
2010-09-30	2.28x
2010-06-30	2.32x
2010-03-31	2.31x
2009-12-31	2.08x
2009-09-30	2.18x
2009-06-30	1.95x
2009-03-31	2.01x
2008-09-30	1.85x
2008-06-30	1.98x
2008-03-31	2.17x

DATE

INTEREST COVERAGE RATIO

2026-06-30

1.71x

2026-03-31

1.66x

2025-12-31

1.38x

2025-09-30

1.59x

2025-06-30

1.17x

2025-03-31

1.11x

2024-12-31

0.92x

2024-09-30

1.77x

2024-06-30

1.36x

2024-03-31

1.53x

2023-12-31

1.23x

2023-09-30

2.59x

2023-06-30

1.46x

2023-03-31

1.62x

2022-12-31

1.63x

2022-09-30

3.17x

2022-06-30

1.93x

2022-03-31

2.04x

2021-12-31

2.38x

2021-09-30

3.44x

2021-06-30

3.06x

2021-03-31

3.56x

2020-12-31

2.64x

2020-09-30

2.89x

2020-06-30

4.20x

2020-03-31

2.17x

2019-12-31

1.94x

2019-09-30

2.73x

2019-06-30

1.71x

2019-03-31

2.14x

2018-12-31

2.39x

2018-09-30

2.58x

2018-06-30

2.26x

2018-03-31

2.27x

2017-12-31

1.87x

2017-09-30

2.09x

2017-06-30

2.24x

2017-03-31

1.66x

2016-12-31

1.71x

2016-09-30

1.96x

2016-06-30

1.99x

2016-03-31

1.66x

2015-12-31

1.71x

2015-09-30

1.96x

2015-06-30

2.46x

2015-03-31

1.83x

2014-12-31

1.74x

2014-09-30

1.85x

2014-06-30

2.37x

2014-03-31

1.99x

2013-12-31

1.46x

2013-09-30

2.44x

2013-06-30

2.52x

2013-03-31

1.88x

2012-12-31

2.34x

2012-09-30

2.28x

2012-06-30

1.61x

2012-03-31

2.37x

2011-12-31

2.37x

2011-09-30

2.20x

2011-06-30

2.35x

2011-03-31

2.66x

2010-12-31

2.50x

2010-09-30

2.28x

2010-06-30

2.32x

2010-03-31

2.31x

2009-12-31

2.08x

2009-09-30

2.18x

2009-06-30

1.95x

2009-03-31

2.01x

2008-09-30

1.85x

2008-06-30

1.98x

2008-03-31

2.17x

Interest Coverage Ratio: 1.39x

AES Interest Coverage Ratio

AES Average Interest Coverage Ratio Chart

AES Current vs Average Interest Coverage Ratio Chart

AES Interest Coverage Ratio Metrics

AES Competitors' Interest Coverage Ratio

Financial Health Indicators

Interest Coverage Ratio Formula & Definition

Interest Coverage Ratio FAQ

AES Interest Coverage Ratio History

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