AES
AES debt and dilution—
Borrowings, liquidity, share count and stock-based dilution.
Total debt
USD millions
Reported borrowing balances are unavailable in the extracted statements for this period.
Cash & equivalents
USD millions
Net debt
USD millions
Reported borrowing balances are unavailable in the extracted statements for this period.
Debt / equity
×
Reported borrowing balances are unavailable in the extracted statements for this period.
Debt / assets
%
Reported borrowing balances are unavailable in the extracted statements for this period.
Net debt / EBITDA
× · TTM
Reported borrowing balances are unavailable in the extracted statements for this period.
Debt / FCF
× · TTM
Trailing free cash flow is zero or negative, so this ratio is undefined.
Interest coverage
× · TTM
Operating income is unavailable in the extracted statements for this period.
Current ratio
×
Diluted shares
Million shares
Basic shares
Million shares
Share count growth
%
Share repurchases
USD millions
Quarterly data
| Fiscal period | Ended | Total debtUSD millions | Cash & equivalentsUSD millions | Net debtUSD millions | Debt / equity× | Debt / assets% | Net debt / EBITDA× | Debt / FCF× | Interest coverage× | Current ratio× | Diluted sharesMillion shares | Basic sharesMillion shares | Share count growth% | Share repurchasesUSD millions |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| FY 2026 Q2 | Jun 30, 2026 | — | 1,800 | — | — | — | — | — | — | 0.75× | 715 | 713 | 0.14% | — |
| FY 2026 Q1 | Mar 31, 2026 | — | 1,600 | — | — | — | — | — | — | 0.73× | 715 | 713 | 0.28% | — |
| FY 2025 Q4 | Dec 31, 2025 | — | 1,382 | — | — | — | — | — | — | 0.77× | 714 | 712 | 0.01% | — |
| FY 2025 Q3 | Sep 30, 2025 | — | 1,758 | — | — | — | — | — | — | 0.72× | 714 | 712 | 0.14% | — |
| FY 2025 Q2 | Jun 30, 2025 | — | 1,350 | — | — | — | — | — | — | 0.82× | 712 | 712 | 0.14% | — |
| FY 2025 Q1 | Mar 31, 2025 | — | 1,753 | — | — | — | — | — | — | 0.84× | 713 | 711 | — | — |
| FY 2024 Q4 | Dec 31, 2024 | — | 1,524 | — | — | — | — | — | — | 0.8× | 713 | 711.96 | — | — |
| FY 2024 Q3 | Sep 30, 2024 | — | 1,919 | — | — | — | — | — | — | 0.85× | 713 | 711 | — | — |
| FY 2024 Q2 | Jun 30, 2024 | — | 1,773 | — | — | — | — | — | — | 0.97× | 713 | 711 | 6.12% | — |
| FY 2023 Q2 | Sep 30, 2023 | — | 1,765 | — | — | — | — | — | — | 0.83× | 712 | 670 | 0.3% | — |
| FY 2022 Q2 | Sep 30, 2022 | — | 1,553 | — | — | — | — | — | — | 1.29× | 711 | 668 | 0.3% | — |
| FY 2022 Q1 | Mar 31, 2022 | — | 1,056 | — | — | — | — | — | — | 1.07× | 711 | 668 | 0.3% | — |
| FY 2021 Q4 | Dec 31, 2021 | — | 943 | — | — | — | — | — | — | 1.13× | 565.11 | 666 | 0.15% | — |
| FY 2021 Q3 | Sep 30, 2021 | — | 1,411 | — | — | — | — | — | — | 1.22× | 710 | 667 | 0.3% | — |
| FY 2021 Q2 | Jun 30, 2021 | — | 1,213 | — | — | — | — | — | — | 1.28× | 670 | 666 | 0.15% | — |
| FY 2021 Q1 | Mar 31, 2021 | — | 1,886 | — | — | — | — | — | — | 1.24× | 666 | 666 | 0.3% | — |
| FY 2020 Q4 | Dec 31, 2020 | — | 1,089 | — | — | — | — | — | — | 1.01× | 676.93 | 665 | -0.29% | — |
| FY 2020 Q3 | Sep 30, 2020 | — | 1,505 | — | — | — | — | — | — | 1.02× | 665 | 665 | 0.15% | — |
| FY 2020 Q2 | Jun 30, 2020 | — | 1,417 | — | — | — | — | — | — | 1.1× | 665 | 665 | 0.15% | — |
| FY 2020 Q1 | Mar 31, 2020 | — | 1,544 | — | — | — | — | — | — | 1.06× | 668 | 664 | 0.15% | — |
| FY 2019 Q4 | Dec 31, 2019 | — | 1,029 | — | — | — | — | — | — | 1.03× | 667 | 666.97 | 0.3% | — |
| FY 2019 Q3 | Sep 30, 2019 | — | 1,145 | — | — | — | — | — | — | 1.1× | 667 | 664 | 0.3% | — |
| FY 2019 Q2 | Jun 30, 2019 | — | 1,169 | — | — | — | — | — | — | 1.36× | 667 | 664 | 0.45% | — |
| FY 2019 Q1 | Mar 31, 2019 | — | 1,426 | — | — | — | — | — | — | 1.34× | 667 | 663 | 0.3% | — |
| FY 2018 Q4 | Dec 31, 2018 | — | 1,166 | — | — | — | — | — | — | 1.14× | 667.97 | 664.97 | 0.75% | — |
| FY 2018 Q3 | Sep 30, 2018 | — | 1,187 | — | — | — | — | — | — | 1.24× | 665 | 662 | 0.3% | — |
| FY 2018 Q2 | Jun 30, 2018 | — | 1,140 | — | — | — | — | — | — | 1.32× | 664 | 661 | 0.15% | — |
| FY 2018 Q1 | Mar 31, 2018 | — | 1,212 | — | — | — | — | — | — | 1.12× | 663 | 661 | 0.3% | — |
| FY 2017 Q4 | Dec 31, 2017 | — | 949 | — | — | — | — | — | — | 1.06× | 654.07 | 660 | 0% | 0 |
| FY 2017 Q3 | Sep 30, 2017 | — | 1,398 | — | — | — | — | — | — | 0.99× | 663 | 660 | 0.15% | 0 |
| FY 2017 Q2 | Jun 30, 2017 | — | 1,213 | — | — | — | — | — | — | 0.99× | 662 | 660 | 0.15% | 0 |
| FY 2017 Q1 | Mar 31, 2017 | — | 1,588 | — | — | — | — | — | — | 1.22× | 659 | 659 | -0.3% | 0 |
| FY 2016 Q4 | Dec 31, 2016 | — | 1,305 | — | — | — | — | — | — | 1.22× | 662 | 660 | -1.81% | 0 |
| FY 2016 Q3 | Sep 30, 2016 | — | 1,325 | — | — | — | — | — | — | 1.28× | 662 | 659 | -2.95% | 0 |
| FY 2016 Q2 | Jun 30, 2016 | — | 1,265 | — | — | — | — | — | — | 1.19× | 659 | 659 | -4.91% | 0 |
| FY 2016 Q1 | Mar 31, 2016 | — | 1,185 | — | — | — | — | — | — | 1.06× | 663 | 661 | -6.11% | 79 |
| FY 2015 Q4 | Dec 31, 2015 | — | 1,262 | — | — | — | — | — | — | 0.99× | 674.16 | 672.16 | -5.08% | 74 |
| FY 2015 Q3 | Sep 30, 2015 | — | 1,437 | — | — | — | — | — | — | 1.1× | 682 | 679 | -5.83% | 101 |
| FY 2015 Q2 | Jun 30, 2015 | — | 1,022 | — | — | — | — | — | — | 1.15× | 695 | 693 | -4.41% | 272 |
| FY 2015 Q1 | Mar 31, 2015 | — | 1,337 | — | — | — | — | — | — | 1.16× | 706 | 704 | -2.76% | 35 |
| FY 2014 Q4 | Dec 31, 2014 | — | 1,539 | — | — | — | — | — | — | 1.12× | 715.1 | 708.13 | -3.93% | 168 |
| FY 2014 Q3 | Sep 30, 2014 | — | 1,670 | — | — | — | — | — | — | 1.12× | 740 | 721 | -2.83% | 108 |
| FY 2014 Q2 | Jun 30, 2014 | — | 1,515 | — | — | — | — | — | — | 1.11× | 728 | 725 | -2.95% | 32 |
| FY 2014 Q1 | Mar 31, 2014 | — | 1,413 | — | — | — | — | — | — | 1.02× | 724 | 724 | -2.82% | 0 |
| FY 2013 Q4 | Dec 31, 2013 | — | 1,642 | — | — | — | — | — | — | 1.01× | 745.03 | 737.07 | -0.81% | 259 |
| FY 2013 Q3 | Sep 30, 2013 | — | 2,031 | — | — | — | — | — | — | 1.03× | 747 | 742 | -0.67% | 45 |
| FY 2013 Q2 | Jun 30, 2013 | — | 1,611 | — | — | — | — | — | — | 0.94× | 751 | 747 | -2.23% | — |
| FY 2013 Q1 | Mar 31, 2013 | — | 2,301 | — | — | — | — | — | — | 1× | 749 | 745 | -2.74% | — |
| FY 2012 Q4 | Dec 31, 2012 | — | 1,970 | — | — | — | — | — | — | 1.02× | 743.09 | 743.09 | -2.63% | 0 |
| FY 2012 Q3 | Sep 30, 2012 | — | 1,943 | — | — | — | — | — | — | 1.15× | 747 | 747 | -3.98% | 70 |
| FY 2012 Q2 | Jun 30, 2012 | — | 1,727 | — | — | — | — | — | — | 1.18× | 768 | 764 | -2.3% | 231 |
| FY 2012 Q1 | Mar 31, 2012 | — | 1,688 | — | — | — | — | — | — | 1.2× | 785 | 766 | -2.67% | 0 |
| FY 2011 Q4 | Dec 31, 2011 | — | 1,710 | — | — | — | — | — | — | 1.09× | 771.13 | 763.16 | — | 54 |
| FY 2011 Q3 | Sep 30, 2011 | — | 3,392 | — | — | — | — | — | — | 1.39× | 778 | 778 | -2.02% | 127 |
| FY 2011 Q2 | Jun 30, 2011 | — | 3,624 | — | — | — | — | — | — | 1.41× | 787 | 782 | -1.64% | 35 |
| FY 2011 Q1 | Mar 31, 2011 | — | 2,008 | — | — | — | — | — | — | 1.16× | 792 | 787 | 13.24% | 63 |
| FY 2010 Q4 | Dec 31, 2010 | — | 2,554 | — | — | — | — | — | — | 1.17× | — | — | — | — |
| FY 2010 Q3 | Sep 30, 2010 | — | 2,848 | — | — | — | — | — | — | 1.39× | 799 | 794 | 19.04% | — |
| FY 2010 Q2 | Jun 30, 2010 | — | 2,891 | — | — | — | — | — | — | 1.5× | 800 | 795 | 19.19% | — |
| FY 2010 Q1 | Mar 31, 2010 | — | 3,392 | — | — | — | — | — | — | 1.52× | 701 | 695 | — | 0 |
| FY 2009 Q4 | Dec 31, 2009 | — | 1,809 | — | — | — | — | — | — | 1.33× | 672.97 | 669.97 | — | 0 |
| FY 2009 Q3 | Sep 30, 2009 | — | 2,020 | — | — | — | — | — | — | 1.4× | 671 | 667 | — | 0 |
| FY 2009 Q2 | Jun 30, 2009 | — | 1,735 | — | — | — | — | — | — | 1.49× | 684 | 667 | — | — |
Sources and calculations
Financial inputs from company filings. Last checked Oct 18, 2026. A dash means missing inputs or an undefined calculation.
Period changes use the preceding fiscal quarter or year. Percentage changes divide by the absolute prior value; a zero or missing baseline has no percentage change. Percentage metrics show changes in percentage points.
The SBC option subtracts reported share-based compensation from FCF as an economic-cost scenario. Missing SBC never becomes zero.
Debt uses reported borrowings, with overlapping concepts treated as alternatives. Cash excludes restricted cash and short-term investments. Dilution compares split-normalized weighted average basic shares year over year. Share buyback spending does not by itself measure shares retired.
Market prices: Yahoo Finance · AES, USD. Latest completed close Sep 25, 2026. Price data retrieved Sep 28, 2026.
- Total debt
- Reported borrowing balances. Uses an aggregate including current maturities, or current plus noncurrent debt. Adds separately disclosed short-term borrowings, with commercial paper as a fallback, unless the selected current/aggregate concept already includes them. Finance leases are included when part of the reported debt concept; undisclosed components are not estimated.
- Cash & equivalents
- Unrestricted reported cash and cash equivalents. Excludes short-term investments and restricted cash.
- Net debt
- Total debt − cash and equivalents. Negative means net cash.
- Debt / equity
- Total debt / equity including noncontrolling interests. Nonpositive equity yields unavailable.
- Debt / assets
- Total debt / total assets × 100.
- Net debt / EBITDA
- Period-end net debt / (TTM operating income + TTM depreciation and amortization). Negative net debt is retained.
- Debt / FCF
- Period-end reported debt / positive TTM free cash flow. Reflects the selected reported capex scope and SBC option.
- Interest coverage
- TTM operating income / positive TTM interest expense. IFRS finance costs can include more than interest.
- Current ratio
- Current assets / positive current liabilities.
- Diluted shares
- Reported weighted average diluted shares, normalized for subsequent recorded stock splits. Fourth-quarter counts use a day-weighted annual/nine-month reconstruction where possible.
- Basic shares
- Reported weighted average basic shares, normalized for subsequent recorded stock splits.
- Share count growth
- Year-over-year change in split-normalized weighted average basic shares × 100. A dilution proxy; negative means a lower share count.
- Share repurchases
- Reported cash payments for repurchase of common shares. This is spending, not a buyback yield.