Companies: 10,795·Total market cap: $144.5T
The AES Corporation

The AES Corporation

AESNYSEUtilities● Active
$14.71
+$0.04(+0.24%)
Market Cap$10.5B
P/E Ratio—
52W High$17.65
52W Low$10.02
Cash on HandFinancialsRevenue

The AES Corporation (AES) Cash on Hand — Cash & Short-Term Investments

Cash & cash equivalents plus short-term investments from the balance sheet, YoY change, and net cash vs debt context.

AES · cash on hand · updated Dec 31, 2025

Core cash position

Cash & Short-Term Investments (CCE + ST Investments)
$2.25B▲ +40.2% vs prior year
FY · as of Dec 31, 2025 · Reported in USD
Cash & Cash Equiv. (CCE)
$2.07B
cashAndCashEquivalents
Short-Term Investments
$174.0M
shortTermInvestments
YoY Change vs Prior Year
+40.2%
vs prior fiscal year
Latest Quarter
$1.65B
Q1 2026
Data Scope & Methodology

Cash on Hand = Cash & Cash Equivalents (CCE) + Short-Term Investments, as reported on the balance sheet (10-K/10-Q). Also referred to as cash reserves or cash position. Not free cash flow.

Source: FMP /balance-sheet-statement · SEC 10-K / 10-Q · Reported in USD

Source: FMP /balance-sheet-statement · SEC 10-K / 10-Q · USDUpdated: December 31, 2025

Net cash vs debt

Cash & ST Investments$2.25BCash on Hand
Total Debt$30.33BTotal Debt
Net Cash / Net Debt−$28.08BNet Debt Position
Cash vs Debt Ratio
Cash 7%Debt 93%

The AES Corporation carries a net debt position of $28.08B. Total debt ($30.33B) exceeds cash on hand ($2.25B). The AES Corporation cash vs debt ratio: 7% cash / 93% debt.

Net Cash = Cash & ST Investments − Total Debt$2.25B − $30.33B = −$28.08B

Cash on hand history

YoY Increase
YoY Decrease
Latest Year
AES annual cash on hand history · Cash & Short-Term Investments · Source: FMP /balance-sheet-statement

Annual cash on hand by year

DateCash & ST InvestmentsYoY Change
Dec 31, 2025Latest$2.25B+40.2%
Dec 31, 2024$1.60B-12.0%
Dec 31, 2023$1.82B-13.5%
Dec 31, 2022$2.10B+79.1%
Dec 31, 2021$1.18B-17.5%
AES cash on hand annual historical data · Cash & Short-Term Investments per balance sheet (10-K/10-Q) · Reported in USD · Source: FMP /balance-sheet-statement

Utilities Sector Cash Reserves Comparison

#CompanyCash & ST Inv.Cash/MCap
#1
GE Vernova Inc.
GE Vernova Inc.
GEV
$8.85B3.5%#2
NextEra Energy, Inc.
NextEra Energy, Inc.
NEE
$2.81B1.6%
#3
The AES Corporation
The AES CorporationYOU
AES
$2.25B21.4%
#4
The Southern Company
The Southern Company
SO
$1.64B1.6%#5
Duke Energy Corporation
Duke Energy Corporation
DUK
$245.0M0.3%
Utilities sector cash reserves · Source: FMP /balance-sheet-statement + /profile · Sorted by Cash desccompanies with most cash on hand →

About cash on hand & methodology

The AES Corporation (AES) cash on hand as of December 31, 2025 is $2.25B, comprising $2.07B in cash and cash equivalents (CCE) plus $174.0M in short-term investments — reported as The AES Corporation cash and short-term investments on the balance sheet (10-K filing). Also referred to as The AES Corporation cash reserves or cash position.

The AES Corporation annual cash on hand history shows increased +40.2% in 2025: increased +40.2% in 2025. The AES Corporation cash reserves in 2025 reflect the company's capital allocation strategy.

The AES Corporation carries total debt of $30.33B against cash of $2.25B, resulting in a net debt position of -$28.08B. For the full balance sheet, see the Financials → Balance Sheet tab.

Figures tie to SEC 10-K/10-Q balance sheet disclosures and FMP /balance-sheet-statement where noted.
Financial statementsFree cash flowNet incomeRevenueMarket capP/E ratioEarningsPrice history

Frequently asked questions

AES cash on hand · 5 questions

As of December 31, 2025, The AES Corporation (AES) has $2.25B in cash on hand — defined as cash and short-term investments on the balance sheet. This includes $2.07B in cash and cash equivalents (CCE) plus $174,000,000 in short-term investments. Latest quarter (March 31, 2026): $1.65B. Data sourced from the annual 10-K filing via FMP.

AES cash on handAES cash reservesAES cash 2025how much cash does AES have

▸ Source: FMP /balance-sheet-statement · US GAAP · The AES Corporation · The AES Corporation SEC 10-K & 10-Q filings · US GAAP · Last updated: December 31, 2025