AES (The AES) Debt-to-Asset : 0.59 (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

AES The AES Corp AES
75 GF Score
Price $14.83
GF Value $15.26
Valuation Fairly Valued
! 9 Warning Signs
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What is The AES Debt-to-Asset?

The AES AES +0.27% 75 Debt-to-Asset is 0.59 as of Jun. 2026. GuruFocus rates AES with a GF Score™ of 75/100 and a GF Value™ of $15.26 (Fairly Valued). The stock has 9 warning signs investors should review.

The AES's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was $3,462 Mil. The AES's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was $28,655 Mil. The AES's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Jun. 2026 was $54,238 Mil. The AES's debt to asset for the quarter that ended in Jun. 2026 was 0.59.

The AES  (NYSE:AES) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

The AES Debt-to-Asset Related Terms

The AES Debt-to-Asset Historical Data

* Premium members only.

The historical data trend for The AES's Debt-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The AES Debt-to-Asset Chart

The AES Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.57 0.61 0.60 0.61 0.58

The AES Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Debt-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.62 0.61 0.58 0.59 0.59

AES vs AVA, UTL, SRE: Debt-to-Asset Comparison

For the Utilities - Diversified subindustry, The AES's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

The AES Debt-to-Asset vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, The AES's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where The AES's Debt-to-Asset falls into.


AES
75GF Score
The AES Corp AES
Debt-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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The AES Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

The AES's Debt-to-Asset for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(3111 + 26786) / 51768
=0.58

The AES's Debt-to-Asset for the quarter that ended in Jun. 2026 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(3462 + 28655) / 54238
=0.59

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Debt-to-Asset →
What does a Debt-to-Asset of 0.59 mean?
The AES (AES) has a Debt-to-Asset of 0.59 as of Jun. 2026. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on The AES and its competitors.
Is The AES's Debt-to-Asset too high?
The AES's current Debt-to-Asset is 0.59. Overall, The AES has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does The AES's Debt-to-Asset compare to AVA and UTL?
The AES's Debt-to-Asset of 0.59 can be compared against companies in the Utilities - Regulated industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Asset for an Utilities - Regulated company?
A good Debt-to-Asset depends on the Utilities - Regulated industry context. However, Debt-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Asset mean?
A high Debt-to-Asset can signal that a stock is expensive relative to its fundamentals. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on The AES and its competitors. The AES's current Debt-to-Asset is 0.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The AES stock overvalued right now?
Based on GuruFocus' analysis, The AES (AES) is currently considered Fairly Valued. The stock's GF Value™ is $15.26, compared to a current price of $14.83 — trading 2.8% below its estimated fair value. The current Debt-to-Asset is 0.59. The AES's overall GF Score™ is 75/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Asset calculated?
Debt-to-Asset is calculated from a company's financial statements. For The AES (AES), the current Debt-to-Asset is 0.59 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is The AES (AES) Overvalued in 2026?

Based on GuruFocus' analysis, The AES stock appears to be undervalued. The current stock price of $14.83 is trading 2.8% below its estimated GF Value™ of $15.26. GuruFocus considers The AES to be Fairly Valued.

Key valuation signals for AES:

  • Debt-to-Asset: 0.59
  • GF Value™: $15.26 vs. price of $14.83 (2.8% below fair value)
  • GF Score™: 75/100 with 9 warning signs

No single metric tells the full story. See the AES stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

The AES Business Description

Address 4300 Wilson Boulevard, Arlington, VA, USA, 22203
AES is a global power company that operates in 15 countries. Its generation portfolio totals over 32 gigawatts, including renewable energy, gas, coal, and oil. AES has majority ownership in and operates numerous electric utilities.
75GF Score

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Debt-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$14.83
Price
$15.26
GF Value