The AES Corporation (AES) — Cash Flow Quality Index
The AES Corporation (AES) has a Cash Flow Quality Index of 2.47x as of March 2026. Operating cash flow of $1.20 Billion exceeds net income of $487.00 Million, indicating high earnings quality where cash backs reported profits. Explore The AES Corporation (AES) debt coverage ratio to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
The AES Corporation Cash Flow Quality Index (1994–2025)
Historical Cash Flow Quality Index for The AES Corporation across 25 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see AES operating cash flow.
Annual Cash Flow Quality Index for The AES Corporation (1994–2025)
Year-by-year earnings quality comparison for The AES Corporation.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 4.59x | $4.31 Billion | $939.00 Million | ▲ +180.9% |
| 2024 | 1.63x | $2.75 Billion | $1.69 Billion | ▼ -87.0% |
| 2023 | 12.54x | $3.03 Billion | $242.00 Million | ▼ -30.8% |
| 2020 | 18.13x | $2.75 Billion | $152.00 Million | ▲ +251.3% |
| 2019 | 5.16x | $2.47 Billion | $478.00 Million | ▲ +116.9% |
| 2018 | 2.38x | $2.34 Billion | $985.00 Million | ▼ -63.1% |
| 2015 | 6.45x | $2.13 Billion | $331.00 Million | ▲ +184.0% |
| 2014 | 2.27x | $1.79 Billion | $789.00 Million | ▼ -76.3% |
| 2013 | 9.56x | $2.71 Billion | $284.00 Million | ▲ +51.8% |
| 2011 | 6.30x | $2.88 Billion | $458.00 Million | ▲ +107.4% |
| 2009 | 3.04x | $2.21 Billion | $729.00 Million | ▲ +70.5% |
| 2008 | 1.78x | $2.17 Billion | $1.22 Billion | ▼ -62.6% |
| 2007 | 4.76x | $2.36 Billion | $495.00 Million | ▼ -65.2% |
| 2006 | 13.70x | $2.41 Billion | $176.00 Million | ▲ +131.0% |
| 2005 | 5.93x | $2.17 Billion | $365.00 Million | ▲ +1.1% |
| 2004 | 5.87x | $1.57 Billion | $268.00 Million | ▼ -4.3% |
| 2003 | 6.13x | $1.64 Billion | $268.00 Million | ▼ -1.1% |
| 2001 | 6.19x | $1.69 Billion | $273.00 Million | ▲ +972.8% |
| 2000 | 0.58x | $459.00 Million | $795.00 Million | ▼ -28.2% |
| 1999 | 0.80x | $197.00 Million | $245.00 Million | ▼ -52.6% |
| 1998 | 1.70x | $528.00 Million | $311.00 Million | ▲ +65.4% |
| 1997 | 1.03x | $193.00 Million | $188.00 Million | ▼ -29.5% |
| 1996 | 1.46x | $182.00 Million | $125.00 Million | ▼ -20.9% |
| 1995 | 1.84x | $197.00 Million | $107.00 Million | ▲ +10.4% |
| 1994 | 1.67x | $163.50 Million | $98.00 Million | — |