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The AESMEX:AES 75 Debt-to-EBITDA is 7.54 as of Mar. 2026, which is 4% below its 10-year median of 7.88. GuruFocus rates MEX:AES with a GF Score™ of 75/100 and a GF Value™ of MXN262.63. The stock has 9 warning signs investors should review. Among 448 Utilities - Regulated companies, The AES ranks worse than 87.95% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
The historical rank and industry rank for The AES's Debt-to-EBITDA or its related term are showing as below:
MEX:AES'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 4.73 Med: 7.88 Max: 20.71
Current: 9.37
During the past 13 years, the highest Debt-to-EBITDA Ratio of The AES was 20.71. The lowest was 4.73. And the median was 7.88.
MEX:AES's Debt-to-EBITDA is ranked worse than 87.95% of 448
companies
in the Utilities - Regulated industry
Industry Median: 4.015
vs MEX:AES: 9.37
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.
According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
The AES Debt-to-EBITDA Related Terms
The AES Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for The AES's Debt-to-EBITDA 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.
MEX:AES vs AVA, UTL, SRE: Debt-to-EBITDA Comparison
For the Utilities - Diversified subindustry, The AES's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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-EBITDA vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, The AES's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where The AES's Debt-to-EBITDA falls into.
* 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.
In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data,
the EBITDA data used here is four times the quarterly (Mar. 2026) EBITDA data.
The AES (MEX:AES) has a Debt-to-EBITDA of 7.54 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on The AES. This is near median its historical median of 7.88. Over the past decade, The AES's Debt-to-EBITDA has ranged from 4.73 to 20.71. According to the industry distribution chart, The AES ranks #394 out of 448 companies in the Utilities - Regulated industry, placing it in the top 87.9%.
Is The AES's Debt-to-EBITDA too high?
The AES's current Debt-to-EBITDA of 7.54 is near median its 10-year median of 7.88. Over the past 10 years, this metric has ranged from a low of 4.73 to a high of 20.71. The Utilities - Regulated industry median Debt-to-EBITDA is 4.02. The AES's value of 7.54 is 87.8% above this industry median. Based on the distribution chart, The AES ranks #394 out of 448 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, The AES has a GF Score™ of 75/100, reflecting its overall financial health beyond just this single metric.
How does The AES's Debt-to-EBITDA compare to AVA and UTL?
According to the Utilities - Regulated industry distribution chart, The AES ranks #394 out of 448 companies for Debt-to-EBITDA. This places The AES in the lower half of its industry. The industry median Debt-to-EBITDA is 4.02. The AES's value of 7.54 is 87.8% above this benchmark. Historically, The AES's own Debt-to-EBITDA has ranged from 4.73 to 20.71 over the past decade. While the company's 10-year median is 7.88 vs. the industry median of 4.02, The AES has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for an Utilities - Regulated company?
The median Debt-to-EBITDA among Utilities - Regulated companies is 4.02, based on 448 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. The AES's current Debt-to-EBITDA of 7.54 is 87.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on The AES. For the Utilities - Regulated industry, the median Debt-to-EBITDA is 4.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The AES's current Debt-to-EBITDA is 7.54, which is near median its own 10-year median of 7.88. 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?
The AES (MEX:AES) has a current Debt-to-EBITDA of 7.54. The stock's GF Value™ is MXN262.63, compared to a current price of MXN260.00 — trading 1% below its estimated fair value. The current Debt-to-EBITDA is 7.54, which is near median its 10-year median of 7.88 and 87.8% above the Utilities - Regulated industry median of 4.02. 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-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For The AES (MEX:AES), the current Debt-to-EBITDA is 7.54 as of Mar. 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 (MEX:AES) Overvalued in 2026?
Based on GuruFocus' analysis, The AES stock appears to be undervalued.
The current stock price of MXN260.00 is trading 1% below its estimated GF Value™ of MXN262.63.
Key valuation signals for MEX:AES:
Debt-to-EBITDA: 7.54 (near median its 10-year median of 7.88)
GF Value™: MXN262.63 vs. price of MXN260.00 (1% below fair value)
Industry Position: 87.8% above the Utilities - Regulated median (#394 of 448)
No single metric tells the full story. See the MEX:AES stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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