Aes (AES) EV to EBITDA (2009 - 2026)
Aes' (AES) EV to EBITDA came in at 3.32 for Q2 2026, down 2.1% from 3.39 a year earlier and down 6.9% from the prior quarter.
Aes (AES) EV to EBITDA (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, EV to EBITDA at Aes was 2.09, up 27.7% year-over-year; for FY2025, it came in at 4.00, up 13.3% from FY2024.
- In prior years, Aes' EV to EBITDA was 3.53 in FY2024 (-17.7%), 4.29 in FY2023 (-23.7%), 5.62 in FY2022 (+20.6%) and 4.66 in FY2021 (+2.9%).
- The Q2 2026 figure stands as the lowest quarterly EV to EBITDA since Q3 2023.
- On a year-over-year basis, EV to EBITDA increased in two of the last eight quarters, with growth averaging 0.8%.
- The strongest year-over-year quarter for EV to EBITDA in the past five years was Q3 2024, with growth of 64.0%; the weakest was Q3 2023, with a decline of 30.9%.
- According to Business Quant data, EV to EBITDA for the three prior quarters was 3.56 (Q1 2026), 4.00 (Q4 2025) and 3.84 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enel Chile | 293.96 Bn | 293.96 Bn | 890.00 Mn |
| 2 | National Grid | 78.23 Bn | 59.76 Bn | - |
| 3 | Dominion Energy | 53.03 Bn | 55.71 Bn | - |
| 4 | Xcel Energy | 43.33 Bn | 38.23 Bn | - |
| 5 | Wec Energy | 33.06 Bn | 33.29 Bn | 1.51 Bn |
| 6 | Ameren | 27.51 Bn | 27.60 Bn | - |
| 7 | Fortis | 26.94 Bn | 27.43 Bn | 1.60 Bn |
| 8 | Atmos Energy | 26.53 Bn | 25.30 Bn | 870.85 Mn |
| 9 | American Water Works Company | 25.62 Bn | 25.03 Bn | - |
| 10 | Aes | 10.60 Bn | 8.61 Bn | 692.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.32 |
| Mar 31, 2026 | 3.56 |
| Dec 31, 2025 | 4.00 |
| Sep 30, 2025 | 3.84 |
| Jun 30, 2025 | 3.39 |
| Mar 31, 2025 | 3.61 |
| Dec 31, 2024 | 3.53 |
| Sep 30, 2024 | 4.95 |
| Jun 30, 2024 | 4.14 |
| Mar 31, 2024 | 3.99 |
| Dec 31, 2023 | 4.29 |
| Sep 30, 2023 | 3.02 |
| Jun 30, 2023 | 4.15 |
| Mar 31, 2023 | 4.59 |
| Dec 31, 2022 | 5.62 |
| Sep 30, 2022 | 4.36 |
| Jun 30, 2022 | 4.32 |
| Mar 31, 2022 | 5.02 |
| Dec 31, 2021 | 4.66 |
| Sep 30, 2021 | 4.04 |
Aes EV to EBITDA API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ev-to-ebitda&ticker=AES&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebitda", "ticker": "AES", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ev-to-ebitda&ticker=AES&period=max&api_key=YOUR_API_KEY");
const data = await res.json();