The AES Corporation (AES) — Cash Flow Reinvestment Rate
The AES Corporation (AES) has a Cash Flow Reinvestment Rate of 1.58x as of March 2026, reinvesting $1.89 Billion (capex $1.77 Billion plus investments $126.00 Million) from operating cash flow of $1.20 Billion. Check cash flow quality index of The AES Corporation to evaluate the quality of earnings relative to operating cash generation.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
The AES Corporation Cash Flow Reinvestment Rate (1994–2025)
Historical reinvestment intensity for The AES Corporation across 32 annual periods. Explore AES long-term investment intensity to see how much of total assets are deployed in long-term investments.
Annual Cash Flow Reinvestment Rate for The AES Corporation (1994–2025)
Year-by-year capital reinvestment analysis for The AES Corporation. For live market cap and broader valuation context, see market cap of The AES Corporation.
| Year | Reinvestment Rate | Total Reinvested (USD) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 1.40x | $6.02 Billion | $4.31 Billion | $5.93 Billion | ▼ -74.5% |
| 2024 | 5.48x | $15.09 Billion | $2.75 Billion | $7.39 Billion | ▲ +8.0% |
| 2023 | 5.08x | $15.41 Billion | $3.03 Billion | $7.72 Billion | ▲ +32.7% |
| 2022 | 3.83x | $10.39 Billion | $2.71 Billion | $4.55 Billion | ▲ +197.5% |
| 2021 | 1.29x | $2.45 Billion | $1.90 Billion | $2.12 Billion | ▲ +56.9% |
| 2020 | 0.82x | $2.26 Billion | $2.75 Billion | $1.90 Billion | ▼ -28.7% |
| 2019 | 1.15x | $2.83 Billion | $2.47 Billion | $2.40 Billion | ▲ +13.3% |
| 2018 | 1.01x | $2.38 Billion | $2.34 Billion | $2.12 Billion | ▲ +8.8% |
| 2017 | 0.93x | $2.32 Billion | $2.49 Billion | $2.18 Billion | ▲ +3.6% |
| 2016 | 0.90x | $2.59 Billion | $2.88 Billion | $2.35 Billion | ▼ -18.7% |
| 2015 | 1.10x | $2.36 Billion | $2.13 Billion | $2.31 Billion | ▼ -7.5% |
| 2014 | 1.19x | $2.14 Billion | $1.79 Billion | $2.02 Billion | ▲ +56.2% |
| 2013 | 0.77x | $2.08 Billion | $2.71 Billion | $1.99 Billion | ▼ -17.1% |
| 2012 | 0.92x | $2.68 Billion | $2.90 Billion | $2.24 Billion | ▲ +6.9% |
| 2011 | 0.86x | $2.49 Billion | $2.88 Billion | $2.43 Billion | ▲ +25.4% |
| 2010 | 0.69x | $2.42 Billion | $3.51 Billion | $2.31 Billion | ▼ -42.4% |
| 2009 | 1.19x | $2.64 Billion | $2.21 Billion | $2.52 Billion | ▼ -9.0% |
| 2008 | 1.31x | $2.84 Billion | $2.17 Billion | $2.84 Billion | ▲ +27.5% |
| 2007 | 1.03x | $2.42 Billion | $2.36 Billion | $2.42 Billion | ▲ +69.9% |
| 2006 | 0.61x | $1.46 Billion | $2.41 Billion | $1.46 Billion | ▲ +14.7% |
| 2005 | 0.53x | $1.14 Billion | $2.17 Billion | $1.14 Billion | ▼ -7.0% |
| 2004 | 0.57x | $892.00 Million | $1.57 Billion | $892.00 Million | ▼ -24.1% |
| 2003 | 0.75x | $1.23 Billion | $1.64 Billion | $1.23 Billion | ▼ -46.7% |
| 2002 | 1.40x | $2.12 Billion | $1.51 Billion | $2.12 Billion | ▼ -25.2% |
| 2001 | 1.88x | $3.17 Billion | $1.69 Billion | $3.17 Billion | ▼ -59.9% |
| 2000 | 4.68x | $2.15 Billion | $459.00 Million | $2.15 Billion | ▲ +10.6% |
| 1999 | 4.23x | $834.00 Million | $197.00 Million | $834.00 Million | ▲ +332.4% |
| 1998 | 0.98x | $517.00 Million | $528.00 Million | $517.00 Million | ▼ -63.0% |
| 1997 | 2.65x | $511.00 Million | $193.00 Million | $511.00 Million | ▼ -4.8% |
| 1996 | 2.78x | $506.00 Million | $182.00 Million | $506.00 Million | ▲ +246.6% |
| 1995 | 0.80x | $158.00 Million | $197.00 Million | $158.00 Million | ▲ +1251.9% |
| 1994 | 0.06x | $9.70 Million | $163.50 Million | $9.70 Million | — |