AES Corp.
The AES Corporation, together with its subsidiaries, operates as a power generation and utility company in the United States and internationally. 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 generate or purchase, distribute, transmit, and sell electricity to e… Read more
AES Corp. (0H6G) - Net Assets
Latest net assets as of September 2025: $10.53 Billion USD
Based on the latest financial reports, AES Corp. (0H6G) has net assets worth $10.53 Billion USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($50.78 Billion) and total liabilities ($40.25 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $10.53 Billion |
| % of Total Assets | 20.74% |
| Annual Growth Rate | 1.09% |
| 5-Year Change | 54.54% |
| 10-Year Change | 28.81% |
| Growth Volatility | 11.52 |
AES Corp. - Net Assets Trend (2012–2024)
This chart illustrates how AES Corp.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for AES Corp. (2012–2024)
The table below shows the annual net assets of AES Corp. from 2012 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $8.64 Billion | +16.02% |
| 2023-12-31 | $7.45 Billion | +27.88% |
| 2022-12-31 | $5.83 Billion | +0.02% |
| 2021-12-31 | $5.82 Billion | +4.15% |
| 2020-12-31 | $5.59 Billion | -8.58% |
| 2019-12-31 | $6.12 Billion | -5.65% |
| 2018-12-31 | $6.48 Billion | +14.10% |
| 2017-12-31 | $5.68 Billion | -12.34% |
| 2016-12-31 | $6.48 Billion | -3.38% |
| 2015-12-31 | $6.71 Billion | -9.37% |
| 2014-12-31 | $7.40 Billion | -4.22% |
| 2013-12-31 | $7.73 Billion | +1.80% |
| 2012-12-31 | $7.59 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to AES Corp.'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 55700000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $293.00 Million | 6.39% |
| Common Stock | $9.00 Million | 0.20% |
| Other Comprehensive Income | $-766.00 Million | -16.72% |
| Other Components | $5.05 Billion | 110.13% |
| Total Equity | $4.58 Billion | 100.00% |
AES Corp. Competitors by Market Cap
The table below lists competitors of AES Corp. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
The AES Corporation
NYSE:AES
|
$10.06 Billion |
|
II-VI Inc.
LSE:0LHO
|
$10.06 Billion |
|
Grab Holdings Ltd
NASDAQ:GRAB
|
$10.07 Billion |
|
Intertek Group plc
PINK:IKTSF
|
$10.08 Billion |
|
Encompass Health Corp
NYSE:EHC
|
$10.03 Billion |
|
Danone PK
OTCQX:DANOY
|
$10.03 Billion |
|
Zebra Technologies Corporation
NASDAQ:ZBRA
|
$10.03 Billion |
|
GAIL (INDIA) GDR/6 IR 10
F:GQI
|
$10.01 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in AES Corp.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,488,000,000 to 4,582,000,000, a change of 2,094,000,000 (84.2%).
- Net income of 1,686,000,000 contributed positively to equity growth.
- Dividend payments of 483,000,000 reduced retained earnings.
- Other comprehensive income increased equity by 748,000,000.
- Other factors increased equity by 143,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $1.69 Billion | +36.8% |
| Dividends Paid | $483.00 Million | -10.54% |
| Other Comprehensive Income | $748.00 Million | +16.32% |
| Other Changes | $143.00 Million | +3.12% |
| Total Change | $- | 84.16% |
Book Value vs Market Value Analysis
This analysis compares AES Corp.'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.21x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 2.34x to 2.21x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | $6.05 | $14.18 | x |
| 2013-12-31 | $5.79 | $14.18 | x |
| 2014-12-31 | $5.90 | $14.18 | x |
| 2015-12-31 | $5.35 | $14.18 | x |
| 2016-12-31 | $5.42 | $14.18 | x |
| 2017-12-31 | $5.00 | $14.18 | x |
| 2018-12-31 | $6.15 | $14.18 | x |
| 2019-12-31 | $5.82 | $14.18 | x |
| 2020-12-31 | $5.25 | $14.18 | x |
| 2021-12-31 | $6.09 | $14.18 | x |
| 2022-12-31 | $5.63 | $14.18 | x |
| 2023-12-31 | $3.49 | $14.18 | x |
| 2024-12-31 | $6.43 | $14.18 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently AES Corp. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 36.80%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.73%
- • Asset Turnover: 0.26x
- • Equity Multiplier: 10.35x
- Recent ROE (36.80%) is above the historical average (3.78%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | -21.01% | -5.59% | 0.41x | 9.16x | $-1.42 Billion |
| 2013 | 6.56% | 1.79% | 0.39x | 9.33x | $-149.00 Million |
| 2014 | 16.50% | 4.37% | 0.41x | 9.12x | $277.80 Million |
| 2015 | 8.30% | 2.17% | 0.39x | 9.89x | $-62.70 Million |
| 2016 | -0.31% | -0.11% | 0.28x | 10.10x | $-368.60 Million |
| 2017 | -16.66% | -5.24% | 0.32x | 10.03x | $-880.20 Million |
| 2018 | 24.57% | 9.35% | 0.33x | 7.96x | $595.30 Million |
| 2019 | 7.78% | 2.96% | 0.30x | 8.66x | $-86.40 Million |
| 2020 | 1.23% | 0.45% | 0.28x | 9.87x | $-307.60 Million |
| 2021 | -10.09% | -3.67% | 0.34x | 8.13x | $-814.50 Million |
| 2022 | -14.53% | -4.33% | 0.33x | 10.21x | $-921.80 Million |
| 2023 | 10.01% | 1.97% | 0.28x | 18.01x | $200.00K |
| 2024 | 36.80% | 13.73% | 0.26x | 10.35x | $1.23 Billion |
Industry Comparison
This section compares AES Corp.'s net assets metrics with peer companies in the same industry.
Industry Context
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| AES Corp. (0H6G) | $10.53 Billion | -21.01% | 3.82x | $10.04 Billion |
| Nyfosa AB (0A0K) | $3.48 Billion | 34.90% | 2.92x | $966.63 Million |
| Tethys Oil AB (0A1V) | $56.23 Million | 21.07% | 0.01x | $122.95 Million |
| High Templar Tech Limited (0A2T) | $11.29 Billion | 0.81% | 0.10x | $258.25 Million |
| Strategy Inc (0A7O) | $361.50 Million | 1.39% | 0.55x | $38.08 Billion |
| NACON SASU (0A9N) | $210.72 Million | 8.63% | 0.51x | $7.82 Million |
| Antin Infrastructure Partners (0AA5) | $32.26 Million | 152.50% | 1.23x | $545.92 Million |
| Truecaller AB Series B (0AA7) | $1.51 Billion | 34.81% | 0.30x | $277.14 Million |
| Brockhaus Technologies AG (0AAW) | $315.34 Million | 15.55% | 1.46x | $74.17 Million |
| Hyloris Pharmaceuticals S.A. (0AB6) | $-10.19 Million | 0.00% | 0.00x | $71.96 Million |
| Kalray S.A. (0ABT) | $39.07 Million | -59.55% | 1.26x | $33.84 Million |