The AES Corporation (AES) quarterly balance sheet — complete assets, liabilities & equity history
The AES Corporation (AES) balance sheet — 30-year assets, liabilities & shareholders' equity history
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Total Assets | 56.05B | 54.24B | 52.82B | 51.77B | 50.78B | 48.54B | 48.62B | 47.41B | 50.08B | 47.74B | 47.05B | 44.8B | 43.16B | 41.51B | 39.36B | 38.36B | 37.77B | 36.07B | 34.65B | 32.96B |
| Asset Growth % | 10.37% | 11.73% | 8.65% | 9.2% | 1.41% | 1.68% | 3.34% | 5.82% | 16.03% | 15.02% | 19.53% | 16.78% | 14.26% | 15.07% | 13.59% | 16.38% | 7.84% | 3.87% | -1.58% | -4.74% |
| PP&E (Net) | 41.85B | 40.66B | 39.29B | 38.19B | 36.51B | 34.73B | 33.99B | 33.17B | 32.35B | 30.73B | 31.91B | 29.96B | 27.54B | 26.08B | 24.21B | 23.04B | 21.6B | 20.75B | 20.45B | 19.91B |
| PP&E / Total Assets % | 74.67% | 74.96% | 74.39% | 73.77% | 71.9% | 71.54% | 69.93% | 69.96% | 64.61% | 64.38% | 67.82% | 66.87% | 63.8% | 62.83% | 61.52% | 60.06% | 57.17% | 57.54% | 59.03% | 60.39% |
| Total Current Assets | 6.71B | 6.4B | 6.11B | 6.5B | 6.82B | 6.32B | 7.88B | 6.83B | 10.53B | 9.55B | 7.17B | 6.65B | 7.32B | 7.21B | 7.64B | 7.64B | 7.63B | 6.92B | 6.14B | 5.36B |
| Cash & Equivalents | 1.97B | 1.8B | 1.6B | 2.07B | 1.76B | 1.35B | 1.75B | 1.52B | 1.92B | 1.77B | 1.99B | 1.43B | 1.76B | 1.32B | 1.44B | 1.37B | 1.55B | 1.07B | 1.06B | 943M |
| Receivables | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Inventory | 617M | 618M | 648M | 612M | 607M | 647M | 624M | 593M | 646M | 661M | 639M | 712M | 798M | 774M | 864M | 1.05B | 998M | 871M | 688M | 604M |
| Other Current Assets | 2.05B | 1.9B | 2.03B | 1.7B | 2.44B | 2.33B | 3.55B | 2.83B | 5.9B | 5.41B | 2.32B | 2.52B | 2.33B | 2.47B | 2.49B | 2.59B | 2.47B | 2.52B | 2.34B | 2.02B |
| Long-Term Investments | 891M | 885M | 1.01B | 2.01B | 1.03B | 1.09B | 1.13B | 1.12B | 1.16B | 1.16B | 1.03B | 941M | 894M | 858M | 768M | 952M | 1.12B | 1.1B | 1.08B | 1.08B |
| Goodwill | 342M | 342M | 342M | 342M | 345M | 345M | 345M | 345M | 348M | 348M | 348M | 348M | 362M | 362M | 362M | 362M | 1.18B | 1.18B | 1.18B | 1.18B |
| Intangible Assets | 2.02B | 2.03B | 2.02B | 2.04B | 2.02B | 2.05B | 1.94B | 1.95B | 1.93B | 1.88B | 2.26B | 2.24B | 2.29B | 2.28B | 1.86B | 1.84B | 1.63B | 1.65B | 1.58B | 1.45B |
| Other Assets | 3.84B | 3.56B | 3.63B | 2.29B | 3.66B | 3.61B | 2.95B | 3.63B | 3.34B | 3.63B | 3.94B | 4.26B | 4.33B | 4.34B | 4.18B | 4.21B | 4.24B | 4.08B | 3.82B | 3.58B |
| Total Liabilities | 42.16B | 41.41B | 43.46B | 39.84B | 40.25B | 40.86B | 40.89B | 39.7B | 42.44B | 40.71B | 40.77B | 38.81B | 37.91B | 36.75B | 34.89B | 33.86B | 32.31B | 31.22B | 29.93B | 28.4B |
| Total Debt | 33.26B | 32.12B | 31B | 30.33B | 30.85B | 30.27B | 30.58B | 29.02B | 29.45B | 28.55B | 29.6B | 26.88B | 27.39B | 26.54B | 24.83B | 23.5B | 22.2B | 21.38B | 20.25B | 18.7B |
| Net Debt | 31.29B | 30.32B | 29.4B | 28.25B | 29.09B | 28.92B | 28.82B | 27.49B | 27.53B | 26.78B | 27.61B | 25.45B | 25.63B | 25.22B | 23.39B | 22.12B | 20.65B | 20.3B | 19.2B | 17.76B |
| Long-Term Debt | 30.31B | 28.66B | 27.8B | 26.07B | 26.46B | 26.55B | 26.41B | 25.43B | 24.51B | 25.49B | 25.37B | 22.75B | 23.63B | 23.6B | 22.59B | 21.74B | 20.2B | 19.17B | 18B | 17.33B |
| Short-Term Borrowings | 2.95B | 3.46B | 3.2B | 3.15B | 4.39B | 3.72B | 4.17B | 3.59B | 4.95B | 3.07B | 4.23B | 4.13B | 3.76B | 2.94B | 2.24B | 1.76B | 2.01B | 2.2B | 2.25B | 1.37B |
| Capital Lease Obligations | 0 | 0 | 0 | 1.11B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Current Liabilities | 7.77B | 8.58B | 8.37B | 8.49B | 9.43B | 7.68B | 9.34B | 8.57B | 12.38B | 9.82B | 9.21B | 9.73B | 8.82B | 7.63B | 6.78B | 6.49B | 5.9B | 5.99B | 5.75B | 4.73B |
| Accounts Payable | 2.2B | 3B | 2.77B | 1.98B | 2B | 2.28B | 2.26B | 2.57B | 2.66B | 2.42B | 2.94B | 3.17B | 1.64B | 1.58B | 1.5B | 2.39B | 1.69B | 1.69B | 1.29B | 1.15B |
| Accrued Expenses | 2.15B | 1.81B | 2.07B | 0 | 2B | 1.39B | 1.63B | 1.5B | 1.51B | 1.28B | 1.58B | 1.65B | 2.82B | 2.54B | 2.4B | 1.74B | 1.42B | 1.31B | 1.34B | 1.39B |
| Deferred Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 85M |
| Other Current Liabilities | 6M | 6M | 0 | 3.25B | 749M | 0 | 1B | 662M | 3B | 2.82B | 186M | 499M | 328M | 337M | 346M | 354M | 541M | 547M | 578M | 474M |
| Deferred Taxes | 1.76B | 1.6B | 1.6B | 1.58B | 1.89B | 1.64B | 1.48B | 1.49B | 1.7B | 1.59B | 1.51B | 1.25B | 1.26B | 1.1B | 1.11B | 1.14B | 1.17B | 1.09B | 1.03B | 977M |
| Other Liabilities | 2.33B | 2.58B | 5.68B | 2.59B | 2.47B | 4.99B | 3.66B | 4.21B | 3.86B | 3.81B | 4.68B | 5.09B | 4.2B | 4.42B | 4.41B | 4.49B | 5.04B | 4.97B | 5.15B | 5.36B |
| Total Equity | 13.88B | 12.82B | 9.36B | 11.93B | 10.53B | 7.68B | 7.72B | 7.7B | 7.64B | 7.03B | 6.28B | 5.99B | 5.26B | 4.76B | 4.46B | 4.5B | 5.46B | 4.85B | 4.71B | 4.57B |
| Equity Growth % | 31.84% | 66.91% | 21.11% | 54.84% | 37.85% | 9.3% | 23.01% | 28.72% | 45.34% | 47.73% | 40.71% | 32.88% | -3.75% | -1.96% | -5.32% | -1.38% | -5.26% | -10.08% | -16.83% | -3.24% |
| Shareholders Equity | 5.71B | 4.94B | 4.42B | 6.89B | 3.87B | 3.37B | 3.47B | 3.64B | 3.29B | 3.09B | 2.9B | 2.49B | 2.78B | 2.49B | 2.36B | 2.44B | 3.41B | 3B | 3.04B | 2.8B |
| Minority Interest | 8.17B | 7.88B | 4.94B | 5.04B | 6.67B | 4.31B | 4.26B | 4.06B | 4.35B | 3.94B | 3.38B | 3.5B | 2.48B | 2.27B | 2.1B | 2.07B | 2.05B | 1.86B | 1.67B | 1.77B |
| Common Stock | 9M | 9M | 9M | 9M | 9M | 9M | 9M | 9M | 9M | 9M | 9M | 8M | 8M | 8M | 8M | 8M | 8M | 8M | 8M | 8M |
| Additional Paid-in Capital | 5.89B | 5.89B | 5.88B | 5.9B | 5.91B | 6.07B | 5.89B | 5.91B | 6.95B | 7.07B | 7.07B | 6.36B | 6.45B | 6.55B | 6.56B | 6.69B | 6.82B | 6.92B | 6.9B | 7.12B |
| Retained Earnings | 1.85B | 1.43B | 1B | 641M | 555M | -79M | 214M | 293M | -267M | -769M | -954M | -1.39B | -1.29B | -1.52B | -1.48B | -1.64B | -732M | -1.15B | -974M | -1.09B |
| Accumulated OCI | -255M | -603M | -696M | -698M | -817M | -836M | -848M | -766M | -1.59B | -1.41B | -1.41B | -1.51B | -1.41B | -1.57B | -1.74B | -1.64B | -1.69B | -1.79B | -1.9B | -2.22B |
| Return on Assets (ROA) | 1% | 0.87% | 0.93% | 0.63% | 1.28% | -0.22% | 0.1% | 1.15% | 1.04% | 0.6% | 0.94% | -0.23% | 0.55% | -0.1% | 0.39% | -2.37% | 1.14% | -0.51% | 0.34% | -1.86% |
| Return on Equity (ROE) | 4.14% | 4.19% | 4.58% | 2.87% | 6.96% | -1.36% | 0.6% | 7.3% | 6.94% | 4.24% | 7.04% | -1.8% | 4.61% | -0.85% | 3.37% | -18.12% | 8.16% | -3.74% | 2.48% | -12.23% |
| Debt / Equity | 2.40x | 2.50x | 3.31x | 2.54x | 2.93x | 3.94x | 3.96x | 3.77x | 3.86x | 4.06x | 4.71x | 4.49x | 5.21x | 5.58x | 5.56x | 5.22x | 4.07x | 4.40x | 4.30x | 4.09x |
| Debt / Assets | 59.35% | 59.21% | 58.69% | 58.58% | 60.75% | 62.36% | 62.89% | 61.21% | 58.81% | 59.81% | 62.92% | 60% | 63.46% | 63.95% | 63.09% | 61.25% | 58.78% | 59.26% | 58.45% | 56.73% |
| Net Debt / EBITDA | 23.58x | 28.49x | 28.88x | 30.91x | 31.66x | 38.10x | 41.18x | 41.16x | 28.38x | 33.39x | 32.22x | 35.20x | 22.50x | 35.47x | 28.77x | 29.50x | 18.57x | 25.96x | 25.59x | 22.68x |
| Book Value per Share | 19.42 | 17.94 | 13.09 | 16.71 | 14.75 | 10.79 | 10.83 | 10.81 | 10.71 | 9.86 | 8.82 | 8.93 | 7.38 | 7.11 | 6.27 | 6.73 | 7.68 | 7.26 | 6.63 | 6.85 |