Aes (AES) EV to EBITDA (2009 - 2026)
Aes' (AES) EV to EBITDA came in at 3.17 for Q3 2026, down 17.7% from 3.84 a year earlier and down 4.6% from the prior quarter.
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Analysis
Aes (AES) EV to EBITDA (2009 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, EV to EBITDA at Aes was 1.99, down 14.6% 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 Q3 2026 figure stands as the lowest quarterly EV to EBITDA since Q3 2023.
- On a year-over-year basis, EV to EBITDA has declined in each of the last three quarters, with an average decline of 9.4% over the last eight quarters.
- 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 3.32 (Q2 2026), 3.56 (Q1 2026) and 4.00 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enel Chile | 299.49 Bn | 296.88 Bn | - |
| 2 | Nextera Energy | 179.92 Bn | 166.66 Bn | - |
| 3 | Southern | 105.56 Bn | 96.61 Bn | 5.92 Bn |
| 4 | Duke Energy | 99.44 Bn | 95.69 Bn | 5.66 Bn |
| 5 | National Grid | 82.69 Bn | 64.32 Bn | - |
| 6 | American Electric Power | 68.52 Bn | 66.31 Bn | 4.75 Bn |
| 7 | Dominion Energy | 59.67 Bn | 57.66 Bn | - |
| 8 | Entergy | 52.06 Bn | 38.50 Bn | - |
| 9 | Sempra | 51.32 Bn | 50.45 Bn | 2.89 Bn |
| 10 | Aes | 10.64 Bn | 3.55 Bn | 982.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 3.17 |
| 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 |
API Access
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_KEYimport 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();