AES (The AES) EV-to-EBIT: 20.89 (As of Aug. 08, 2026) — Near Median

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AES The AES Corp AES
75 GF Score
Price $14.73
GF Value $15.29
Valuation Fairly Valued
! 9 Warning Signs
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What is The AES EV-to-EBIT?

The AES AES +0.20% 75 EV-to-EBIT is 20.89 as of Aug. 08, 2026, which is 6% below its 10-year median of 22.19. GuruFocus rates AES with a GF Score™ of 75/100 and a GF Value™ of $15.29 (Fairly Valued). The stock has 9 warning signs investors should review. Among 463 Utilities - Regulated companies, The AES ranks worse than 76.03% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, The AES's Enterprise Value is $45,603 Mil. The AES's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was $2,183 Mil. Therefore, The AES's EV-to-EBIT for today is 20.89.

The historical rank and industry rank for The AES's EV-to-EBIT or its related term are showing as below:

AES' s EV-to-EBIT Range Over the Past 10 Years
Min: -237.66   Med: 22.19   Max: 234.74
Current: 20.89

During the past 13 years, the highest EV-to-EBIT of The AES was 234.74. The lowest was -237.66. And the median was 22.19.

AES's EV-to-EBIT is ranked worse than
76.03% of 463 companies
in the Utilities - Regulated industry
Industry Median: 13.71 vs AES: 20.89

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. The AES's Enterprise Value for the quarter that ended in Jun. 2026 was $45,576 Mil. The AES's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was $2,183 Mil. The AES's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 4.79%.


The AES  (NYSE:AES) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

The AES's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Jun. 2026 ) =EBIT / Enterprise Value (Q: Jun. 2026 )
=2183/45575.9
=4.79 %

The AES's Enterprise Value for the quarter that ended in Jun. 2026 was $45,576 Mil.
The AES's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $2,183 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.


The AES EV-to-EBIT Related Terms


The AES EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for The AES's EV-to-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 EV-to-EBIT Chart

The AES Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -237.48 45.92 29.71 17.08 29.42

The AES Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EV-to-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 20.86 22.47 29.42 25.23 20.87

AES vs AVA, UTL, SRE: EV-to-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.


AES
75GF Score
The AES Corp AES
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

The AES EV-to-EBIT Calculation

The AES's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=45602.951/2183
=20.89

The AES's current Enterprise Value is $45,603 Mil.
The AES's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $2,183 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 EV-to-EBIT →
What does a EV-to-EBIT of 20.89 mean?
The AES (AES) has a EV-to-EBIT of 20.89 as of Aug. 08, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on The AES and its competitors. This is near median its historical median of 22.19. According to the industry distribution chart, The AES ranks #352 out of 463 companies in the Utilities - Regulated industry, placing it in the top 76%.
Is The AES's EV-to-EBIT too high?
The AES's current EV-to-EBIT of 20.89 is near median its 10-year median of 22.19. The Utilities - Regulated industry median EV-to-EBIT is 13.71. The AES's value of 20.89 is 52.4% above this industry median. Based on the distribution chart, The AES ranks #352 out of 463 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 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does The AES's EV-to-EBIT compare to AVA and UTL?
According to the Utilities - Regulated industry distribution chart, The AES ranks #352 out of 463 companies for EV-to-EBIT. This places The AES in the lower half of its industry. The industry median EV-to-EBIT is 13.71. The AES's value of 20.89 is 52.4% above this benchmark. While the company's 10-year median is 22.19 vs. the industry median of 13.71, 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 EV-to-EBIT for an Utilities - Regulated company?
The median EV-to-EBIT among Utilities - Regulated companies is 13.71, based on 463 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. The AES's current EV-to-EBIT of 20.89 is 52.4% 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 EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on The AES and its competitors. For the Utilities - Regulated industry, the median EV-to-EBIT is 13.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The AES's current EV-to-EBIT is 20.89, which is near median its own 10-year median of 22.19. 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 $15.29, compared to a current price of $14.73 — trading 3.7% below its estimated fair value. The current EV-to-EBIT is 20.89, which is near median its 10-year median of 22.19 and 52.4% above the Utilities - Regulated industry median of 13.71. 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 EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For The AES (AES), the current EV-to-EBIT is 20.89 as of Aug. 08, 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 $14.73 is trading 3.7% below its estimated GF Value™ of $15.29. GuruFocus considers The AES to be Fairly Valued.

Key valuation signals for AES:

  • EV-to-EBIT: 20.89 (near median its 10-year median of 22.19)
  • GF Value™: $15.29 vs. price of $14.73 (3.7% below fair value)
  • GF Score™: 75/100 with 9 warning signs
  • Industry Position: 52.4% above the Utilities - Regulated median (#352 of 463)

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

$14.73
Price
$15.29
GF Value