The AES (BUE:AES) EBIT: ARS2,352,165.33 Mil (TTM As of Mar. 2026)


What is The AES EBIT?

The AES BUE:AES 76 EBIT is ARS2,352,165.33 Mil as of Mar. 2026. GuruFocus rates BUE:AES with a GF Score™ of 76/100. The stock has 9 warning signs investors should review.

The AES's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ARS831,955.83 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ARS2,352,165.33 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. The AES's annualized ROC % for the quarter that ended in Mar. 2026 was 4.67%. The AES's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 6.06%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. The AES's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 138.61%.

The AES  (BUE:AES) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

The AES's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=3271893.512 * ( 1 - 0% )/( (70218682.782 + 69785014.224)/ 2 )
=3271893.512/70001848.503
=4.67 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=75140681.941 - 7810462.246 - ( 2258516.866 - max(0, 12326044.488 - 9437581.401+2258516.866))
=70218682.782

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=73853907.438 - 7234520.099 - ( 2308502.645 - max(0, 11708904.388 - 8543277.503+2308502.645))
=69785014.224

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

The AES's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=3327823.316/( ( (54892410.556 + max(-631397.711, 0)) + (54937049.608 + max(-999745.24, 0)) )/ 2 )
=3327823.316/( ( 54892410.556 + 54937049.608 )/ 2 )
=3327823.316/54914730.082
=6.06 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2442855.967 + 888311.261 + 3847897.307) - (7810462.246 + 0 + 0)
=-631397.711

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2308502.645 + 906062.819 + 3020209.394) - (7234520.099 + 0 + -0.0010000001639128)
=-999745.24

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

The AES's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=2352165.327/1696943.322
=138.61 %

* 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 EBIT Related Terms

The AES EBIT Historical Data

* Premium members only.

The historical data trend for The AES's EBIT 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 EBIT Chart

The AES Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -15,451.47 158,932.20 513,703.00 2,402,790.02 2,151,106.68

The AES Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT 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 341,131.82 464,208.18 916,658.37 139,342.94 831,955.83

BUE:AES vs AVA, UTL, SRE: EBIT Comparison

For the Utilities - Diversified subindustry, The AES's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT vs Utilities - Regulated Industry

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

* The bar in red indicates where The AES's EV-to-EBIT falls into.


The AES EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ARS2,352,165.33 Mil.

* 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 EBIT →
What does a EBIT of ARS2,352,165.33 Mil mean?
The AES (BUE:AES) has a EBIT of ARS2,352,165.33 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on The AES.
Is The AES's EBIT too high?
The AES's current EBIT is ARS2,352,165.33 Mil. Overall, The AES has a GF Score™ of 76/100, reflecting its overall financial health beyond just this single metric.
How does The AES's EBIT compare to AVA and UTL?
The AES's EBIT of ARS2,352,165.33 Mil 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 EBIT for an Utilities - Regulated company?
A good EBIT depends on the Utilities - Regulated industry context. However, EBIT 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 EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on The AES. The AES's current EBIT is ARS2,352,165.33 Mil. 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 (BUE:AES) has a current EBIT of ARS2,352,165.33 Mil. The current EBIT is ARS2,352,165.33 Mil. The AES's overall GF Score™ is 76/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For The AES (BUE:AES), the current EBIT is ARS2,352,165.33 Mil 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.

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.