The AES Corporation Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	2,073	1,961	1,796	1,910	1,247
Short-Term Investments	174	79	395	730	-
Cash & Short-Term Investments	2,247	2,040	2,191	2,640	1,247
Cash Growth	10.15%	-6.89%	-17.01%	111.71%	-27.54%
Accounts Receivable	1,683	1,683	1,420	1,799	232
Inventory	612	593	712	1,055	1,418
Other Current Assets	1,960	2,552	2,326	2,149	1,562
Total Current Assets	6,502	6,831	6,649	7,643	5,356
Net Property, Plant & Equipment	37,818	33,166	29,958	23,039	19,906
Other Intangible Assets	2,040	1,947	2,243	1,841	1,450
Goodwill	342	345	348	362	1,177
Long-Term Investments	1,759	1,124	941	952	1,080
Other Long-Term Assets	3,307	3,993	4,660	4,526	3,994
Total Assets	51,768	47,406	44,799	38,363	32,963
Accounts Payable	1,980	1,654	2,199	1,730	1,153
Accrued Expenses	562	505	593	498	448
Short-Term Debt	3,727	4,504	5,106	2,420	1,367
Other Current Liabilities	2,223	1,908	1,833	1,843	1,764
Total Current Liabilities	8,492	8,571	9,731	6,491	4,732
Long-Term Debt	26,786	25,431	22,746	21,740	17,332
Other Long-Term Liabilities	4,561	4,762	4,873	4,307	5,075
Total Long-Term Liabilities	31,347	30,193	27,619	26,047	22,407
Total Liabilities	39,839	38,764	37,350	32,538	27,139
Preferred Stock	-	-	838	838	838
Common Stock	9	9	8	8	8
Treasury Stock	-1,793	-1,805	-1,813	-1,822	-1,845
Additional Paid-in Capital	5,904	5,913	6,355	6,688	7,106
Accumulated Other Comprehensive Income	-698	-766	-1,514	-1,640	-2,220
Retained Earnings	641	293	-1,386	-1,635	-1,089
Total Common Shareholders' Equity	4,063	3,644	2,488	2,437	2,798
Minority Interest	7,866	4,998	1,464	1,321	3,026
Shareholders' Equity	11,929	8,642	3,952	3,758	5,824
Total Liabilities & Equity	51,768	47,406	44,799	38,363	32,963
Total Debt	30,513	29,935	27,852	24,160	18,699
Net Cash (Debt)	-28,266	-27,895	-25,661	-21,520	-17,452
Net Cash Per Share	-39.59	-39.12	-36.04	-32.22	-26.20
Book Value	4,063	3,644	2,488	2,437	2,798
Book Value Per Share	5.69	5.11	3.49	3.65	4.20
Tangible Book Value	1,681	1,352	-103	234	171
Tangible Book Value Per Share	2.35	1.90	-0.14	0.35	0.26

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.