The AES Corporation (AES) - Cash Flow Conversion Efficiency
Based on the latest financial reports, The AES Corporation (AES) has a cash flow conversion efficiency ratio of 0.128x as of March 2026. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($1.20 Billion) by net assets ($9.36 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See defensive interval ratio of The AES Corporation to measure how many days the company can operate on defensive assets alone.
The AES Corporation - Cash Flow Conversion Efficiency Trend (1994–2025)
This chart illustrates how The AES Corporation's cash flow conversion efficiency has evolved over time, based on yearly financial data.
The AES Corporation Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of The AES Corporation ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
SK TELECOM CO.LTD.ADR 5/9
F:KMBA
|
0.085x |
|
IAMGold Corporation
TO:IMG
|
0.078x |
|
Saia Inc
NASDAQ:SAIA
|
0.053x |
|
Boston Properties Inc
NYSE:BXP
|
0.020x |
|
Tubize-Fin
BR:TUB
|
-0.001x |
|
Eurofins Scientific SE
PA:ERF
|
0.220x |
|
REC Limited
NSE:RECLTD
|
-0.035x |
|
Erie Indemnity Company
NASDAQ:ERIE
|
0.039x |
Annual Cash Flow Conversion Efficiency for The AES Corporation (1994–2025)
The table below shows the annual cash flow conversion efficiency of The AES Corporation from 1994 to 2025. For the full company profile with market capitalisation and key ratios, see AES market cap.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | $11.93 Billion | $4.31 Billion | 0.361x | +1.05% |
| 2024-12-31 | $7.70 Billion | $2.75 Billion | 0.357x | -29.53% |
| 2023-12-31 | $5.99 Billion | $3.03 Billion | 0.507x | -15.90% |
| 2022-12-31 | $4.50 Billion | $2.71 Billion | 0.603x | +44.74% |
| 2021-12-31 | $4.57 Billion | $1.90 Billion | 0.416x | -28.65% |
| 2020-12-31 | $4.72 Billion | $2.75 Billion | 0.584x | +23.77% |
| 2019-12-31 | $5.23 Billion | $2.47 Billion | 0.472x | +12.80% |
| 2018-12-31 | $5.60 Billion | $2.34 Billion | 0.418x | -18.62% |
| 2017-12-31 | $4.84 Billion | $2.49 Billion | 0.514x | +1.44% |
| 2016-12-31 | $5.70 Billion | $2.88 Billion | 0.506x | +55.46% |
| 2015-12-31 | $6.55 Billion | $2.13 Billion | 0.326x | +33.23% |
| 2014-12-31 | $7.33 Billion | $1.79 Billion | 0.245x | -31.10% |
| 2013-12-31 | $7.65 Billion | $2.71 Billion | 0.355x | -8.09% |
| 2012-12-31 | $7.51 Billion | $2.90 Billion | 0.386x | +31.29% |
| 2011-12-31 | $9.81 Billion | $2.88 Billion | 0.294x | -12.76% |
| 2010-12-31 | $10.41 Billion | $3.51 Billion | 0.337x | +35.26% |
| 2009-12-31 | $8.88 Billion | $2.21 Billion | 0.249x | -19.11% |
| 2008-12-31 | $7.03 Billion | $2.17 Billion | 0.308x | -58.64% |
| 2007-12-31 | $3.16 Billion | $2.36 Billion | 0.745x | -11.39% |
| 2006-12-31 | $2.87 Billion | $2.41 Billion | 0.841x | +44.60% |
| 2005-12-31 | $3.72 Billion | $2.17 Billion | 0.581x | +13.54% |
| 2004-12-31 | $3.07 Billion | $1.57 Billion | 0.512x | -47.27% |
| 2003-12-31 | $1.69 Billion | $1.64 Billion | 0.971x | +133.16% |
| 2002-12-31 | $-515.00 Million | $1.51 Billion | -2.928x | -1310.92% |
| 2001-12-31 | $6.99 Billion | $1.69 Billion | 0.242x | +162.31% |
| 2000-12-31 | $4.98 Billion | $459.00 Million | 0.092x | +77.12% |
| 1999-12-31 | $3.79 Billion | $197.00 Million | 0.052x | -69.68% |
| 1998-12-31 | $3.08 Billion | $528.00 Million | 0.172x | +127.33% |
| 1997-12-31 | $2.56 Billion | $193.00 Million | 0.076x | -61.25% |
| 1996-12-31 | $934.00 Million | $182.00 Million | 0.195x | -32.14% |
| 1995-12-31 | $686.00 Million | $197.00 Million | 0.287x | +2.73% |
| 1994-12-31 | $584.90 Million | $163.50 Million | 0.280x | -- |
About The AES Corporation
The AES Corporation, together with its subsidiaries, operates as a power generation and utility company. It operates through four segments: Renewables, Utilities, Energy Infrastructure, and New Energy Technologies. The company owns and/or operates power plants to generate and sell power to customers, such as utilities, industrial users, and other intermediaries; owns and/or operates utilities to … Read more