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Ameren Corporation (AEE) fundamental analysis — strengths, weaknesses & financial health based on data analysis
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Ameren Corporation (AEE) stock price & volume — 10-year historical chart
Ameren Corporation (AEE) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Ameren Corporation (AEE) EPS & revenue vs analyst estimates — last 4 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 5, 2026 | $1.28vs $1.18+8.5% | $2.2Bvs $2.2B-3.0% |
| Q1 2026 | Feb 11, 2026 | $0.78vs $0.77+1.2% | $1.8Bvs $1.6B+11.3% |
| Q4 2025 | Nov 5, 2025 | $2.17vs $2.11+2.8% | $2.7Bvs $2.5B+8.7% |
| Q3 2025 | Jul 31, 2025 | $1.01vs $0.99+2.3% | $2.2Bvs $1.8B+24.7% |
Ameren Corporation (AEE) competitors in Electric and gas combination utilities — business model, growth, and fundamentals comparison
Ameren Corporation (AEE) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Ameren Corporation (AEE) annual income statement — 10-year revenue, gross profit & net income history
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 6.17B | 6.29B | 5.91B | 5.79B | 6.39B | 7.96B | 7.5B | 7.62B | 8.8B | 8.88B |
Revenue Growth % | 1.61% | 1.9% | -6.06% | -1.96% | 10.36% | 24.44% | -5.74% | 1.64% | 15.43% | 12.32% |
Cost of Revenue | 3.39B | 3.5B | 3.17B | 2.94B | 3.4B | 4.61B | 4.03B | 3.97B | 6.2B | 4.29B |
Gross Profit | 2.78B▲ 0% | 2.79B▲ 0.4% | 2.74B▼ 1.9% | 2.86B▲ 4.2% | 2.99B▲ 4.7% | 3.34B▲ 11.8% | 3.47B▲ 3.7% | 3.65B▲ 5.4% | 2.6B▼ 28.7% | 4.59B▲ 0% |
Gross Margin % | 45.08% | 44.43% | 46.41% | 49.33% | 46.78% | 42.01% | 46.23% | 47.92% | 29.58% | 51.71% |
Gross Profit Growth % | 5.66% | 0.43% | -1.86% | 4.19% | 4.65% | 11.77% | 3.71% | 5.36% | -28.74% | - |
Operating Expenses | 1.37B | 1.44B | 1.48B | 1.56B | 1.66B | 1.83B | 1.91B | 2.14B | 577M | 2.46B |
Other Operating Expenses | - | - | - | - | - | - | - | - | - | - |
EBITDA | 2.36B | 2.39B | 2.35B | 2.45B | 2.61B | 2.95B | 3.06B | 3.12B | 3.69B | 3.74B |
EBITDA Margin % | 38.26% | 37.99% | 39.73% | 42.34% | 40.82% | 37.11% | 40.77% | 40.94% | 41.98% | 42.12% |
EBITDA Growth % | 5.21% | 1.19% | -1.76% | 4.47% | 6.4% | 13.14% | 3.56% | 2.06% | 18.36% | 14.73% |
Depreciation & Amortization | 952M | 1.03B | 1.08B | 1.15B | 1.28B | 1.44B | 1.5B | 1.6B | 1.67B | 1.61B |
D&A / Revenue % | 15.42% | 16.42% | 18.29% | 19.9% | 19.97% | 18.07% | 20% | 21.05% | 18.96% | 18.15% |
Operating Income (EBIT) | 1.41B▲ 0% | 1.36B▼ 3.8% | 1.27B▼ 6.6% | 1.3B▲ 2.6% | 1.33B▲ 2.5% | 1.51B▲ 13.7% | 1.56B▲ 2.8% | 1.52B▼ 2.7% | 2.03B▲ 33.6% | 2.13B▲ 0% |
Operating Margin % | 22.84% | 21.57% | 21.44% | 22.44% | 20.85% | 19.04% | 20.77% | 19.89% | 23.03% | 23.97% |
Operating Income Growth % | 6.66% | -3.76% | -6.63% | 2.6% | 2.54% | 13.65% | 2.84% | -2.7% | 33.64% | - |
Interest Expense | 391M | 401M | 381M | 419M | 383M | 486M | 566M | 663M | 776M | 4M |
Interest Coverage | 3.83x | 3.64x | 3.67x | 3.46x | 4.01x | 3.58x | 3.37x | 2.92x | 2.61x | - |
Interest / Revenue % | 6.33% | 6.37% | 6.45% | 7.23% | 5.99% | 6.11% | 7.55% | 8.7% | 8.82% | 0.05% |
Non-Operating Income | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -4M |
Pretax Income | 1.1B▲ 0% | 1.06B▼ 4.3% | 1.02B▼ 4.0% | 1.03B▲ 1.6% | 1.15B▲ 11.6% | 1.25B▲ 8.9% | 1.34B▲ 6.8% | 1.27B▼ 5.2% | 1.6B▲ 25.7% | 1.68B▲ 0% |
Pretax Margin % | 17.9% | 16.82% | 17.19% | 17.81% | 18.02% | 15.77% | 17.87% | 16.66% | 18.15% | 18.87% |
Income Tax | 576M | 237M | 182M | 155M | 157M | 176M | 183M | 83M | 136M | 147M |
Effective Tax Rate % | 52.13% | 22.4% | 17.91% | 15.02% | 13.63% | 14.02% | 13.66% | 6.54% | 8.52% | 8.78% |
Net Income | 523M▲ 0% | 815M▲ 55.8% | 828M▲ 1.6% | 871M▲ 5.2% | 990M▲ 13.7% | 1.07B▲ 8.5% | 1.15B▲ 7.3% | 1.18B▲ 2.6% | 1.46B▲ 23.2% | 1.52B▲ 0% |
Net Margin % | 8.47% | 12.96% | 14.01% | 15.03% | 15.48% | 13.5% | 15.36% | 15.51% | 16.55% | 17.17% |
Net Income Growth % | -19.91% | 55.83% | 1.6% | 5.19% | 13.66% | 8.48% | 7.26% | 2.6% | 23.18% | 25.95% |
EPS (Diluted) | 2.14▲ 0% | 3.32▲ 55.1% | 3.35▲ 0.9% | 3.50▲ 4.5% | 3.84▲ 9.7% | 4.14▲ 7.8% | 4.38▲ 5.8% | 4.42▲ 0.9% | 5.35▲ 21.0% | 5.47▲ 0% |
EPS Growth % | -20.15% | 55.14% | 0.9% | 4.48% | 9.71% | 7.81% | 5.8% | 0.91% | 21.04% | 23.28% |
EPS (Basic) | 2.16 | 3.34 | 3.37 | 3.53 | 3.86 | 4.16 | 4.38 | 4.43 | 5.38 | - |
Diluted Shares Outstanding | 244.2M | 245.8M | 247.1M | 248.7M | 257.6M | 259.5M | 263.4M | 267.4M | 272.2M | 278.4M |
Ameren Corporation (AEE) balance sheet — assets, liabilities & shareholders' equity
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Total Assets | 25.95B | 27.21B | 28.93B | 32.03B | 35.73B | 37.9B | 40.83B | 44.6B | 48.48B | 49.85B |
Asset Growth % | 5.04% | 4.9% | 6.31% | 10.7% | 11.57% | 6.07% | 7.72% | 9.23% | 8.7% | 37.5% |
PP&E (Net) | 21.47B | 22.81B | 24.38B | 26.81B | 29.26B | 31.26B | 33.78B | 36.3B | 39.31B | 40.47B |
PP&E / Total Assets % | 82.74% | 83.81% | 84.25% | 83.69% | 81.88% | 82.48% | 82.72% | 81.4% | 81.1% | 81.19% |
Total Current Assets | 1.61B | 1.53B | 1.43B | 1.65B | 1.97B | 2.67B | 2.18B | 2.26B | 2.57B | 2.57B |
Cash & Equivalents | 10M | 16M | 16M | 139M | 8M | 10M | 25M | 7M | 13M | 13M |
Receivables | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
Inventory | 522M | 483M | 494M | 521M | 592M | 667M | 733M | 762M | 774M | 733M |
Other Current Assets | 242M | 197M | 187M | 244M | 532M | 651M | 491M | 528M | 597M | 1.12B |
Long-Term Investments | 1.38B | 1.45B | 847M | 982M | 1.16B | 958M | 1.15B | 1.34B | 1.53B | 11.25B |
Goodwill | 411M | 411M | 411M | 411M | 411M | 411M | 411M | 411M | 411M | 411M |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Assets | 55M | -103M | 1.87B | 2.18B | 2.94B | 906M | 3.31B | 3.9B | 4.66B | -411M |
Total Liabilities | 18.62B | 19.44B | 20.73B | 22.95B | 25.91B | 27.27B | 29.35B | 32.35B | 34.95B | 36.16B |
Total Debt | 8.42B | 9.04B | 9.8B | 11.58B | 13.61B | 15.1B | 16.51B | 18.72B | 19.83B | 1.12B |
Net Debt | 8.41B | 9.02B | 9.78B | 11.44B | 13.6B | 15.09B | 16.48B | 18.71B | 19.82B | 1.11B |
Long-Term Debt | 7.09B | 7.86B | 8.91B | 11.08B | 12.56B | 13.69B | 15.12B | 17.26B | 18.21B | 0 |
Short-Term Borrowings | 1.32B | 1.18B | 882M | 498M | 1.05B | 1.41B | 1.39B | 1.46B | 1.62B | 1.12B |
Capital Lease Obligations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Current Liabilities | 2.94B | 2.69B | 2.5B | 2.18B | 2.83B | 3.37B | 3.35B | 3.41B | 3.91B | 4.13B |
Accounts Payable | 902M | 817M | 874M | 958M | 1.09B | 1.16B | 1.14B | 1.06B | 1.25B | 0 |
Accrued Expenses | 105M | 2M | 94M | 114M | 2M | 0 | 2M | 0 | 0 | 0 |
Deferred Revenue | 108M | 0 | 0 | 0 | 0 | 0 | 0 | 223M | 0 | 239M |
Other Current Liabilities | 448M | 638M | 655M | 610M | 679M | 797M | 822M | 671M | 1.04B | 2.76B |
Deferred Taxes | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 20.45B |
Other Liabilities | 6.03B | 6.23B | 6.39B | 6.48B | 7.02B | 6.41B | 6.71B | 7.21B | 7.64B | 26.72B |
Total Equity | 7.33B▲ 0% | 7.77B▲ 6.1% | 8.2B▲ 5.5% | 9.08B▲ 10.7% | 9.83B▲ 8.2% | 10.64B▲ 8.2% | 11.48B▲ 7.9% | 12.24B▲ 6.7% | 13.53B▲ 10.5% | 13.69B▲ 0% |
Equity Growth % | 1.12% | 6.1% | 5.51% | 10.72% | 8.25% | 8.22% | 7.91% | 6.66% | 10.51% | 35.9% |
Shareholders Equity | 7.18B | 7.63B | 8.06B | 8.94B | 9.7B | 10.51B | 11.35B | 12.11B | 13.4B | 13.56B |
Minority Interest | 142M | 142M | 142M | 142M | 129M | 129M | 129M | 129M | 129M | 129M |
Common Stock | 2M | 2M | 2M | 3M | 3M | 3M | 3M | 3M | 3M | 8.12B |
Additional Paid-in Capital | 5.54B | 5.63B | 5.69B | 6.18B | 6.5B | 6.86B | 7.22B | 7.51B | 8.11B | 0 |
Retained Earnings | 1.66B | 2.02B | 2.38B | 2.76B | 3.18B | 3.65B | 4.14B | 4.6B | 5.29B | 5.44B |
Accumulated OCI | -18M | -22M | -17M | -1M | 13M | -1M | -6M | -6M | 0 | -2M |
Return on Assets (ROA) | 2.07% | 3.07% | 2.95% | 2.86% | 2.92% | 2.92% | 2.93% | 2.77% | 3.13% | 3.17% |
Return on Equity (ROE) | 7.18% | 10.8% | 10.37% | 10.08% | 10.47% | 10.5% | 10.42% | 9.97% | 11.3% | 11.6% |
Debt / Equity | 1.15x | 1.16x | 1.19x | 1.27x | 1.38x | 1.42x | 1.44x | 1.53x | 1.47x | 0.08x |
Debt / Assets | 32.45% | 33.2% | 33.86% | 36.14% | 38.09% | 39.82% | 40.43% | 41.98% | 40.91% | 2.25% |
Net Debt / EBITDA | 3.56x | 3.77x | 4.17x | 4.66x | 5.21x | 5.11x | 5.39x | 6.00x | 5.36x | 0.30x |
Book Value per Share | 30 | 31.62 | 33.19 | 36.51 | 38.16 | 40.99 | 43.58 | 45.79 | 49.71 | 49.16 |
Ameren Corporation (AEE) cash flow — operating, investing & free cash flow history
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Cash from Operations | 2.12B | 2.17B | 2.17B | 1.73B | 1.66B | 2.26B | 2.56B | 2.76B | 3.35B | 3.34B |
Operating CF Growth % | 0.05% | 2.46% | 0% | -20.41% | -3.82% | 36.24% | 13.3% | 7.76% | 21.35% | 92.53% |
Operating CF / Revenue % | 34.31% | 34.49% | 36.72% | 29.81% | 25.98% | 28.44% | 34.19% | 36.25% | 38.11% | 37.65% |
Net Income | 529M | 821M | 834M | 877M | 995M | 1.08B | 1.16B | 1.19B | 1.46B | 1.52B |
Depreciation & Amortization | 952M | 1.03B | 1.08B | 1.15B | 1.28B | 1.44B | 1.5B | 1.6B | 1.67B | 1.6B |
Deferred Taxes | 539M | 224M | 167M | 148M | 156M | 170M | 229M | 127M | 253M | -118M |
Other Non-Cash Items | -12M | 28M | -23M | 12M | -1M | 46M | -22M | 30M | -1M | 82M |
Working Capital Changes | 93M | 44M | 91M | -484M | -788M | -494M | -326M | -214M | -51M | 228M |
Capital Expenditures | -2.19B | -2.34B | -2.44B | -3.3B | -3.52B | -3.38B | -3.77B | -4.41B | -4.13B | -4.65B |
CapEx / Revenue % | 1.02% | 0.83% | 0.52% | 1.14% | 55.1% | 42.48% | 50.28% | 57.85% | 46.91% | 52.33% |
CapEx / D&A | 0.07x | 0.05x | 0.03x | 0.06x | 2.76x | 2.35x | 2.51x | 2.75x | 2.47x | 2.90x |
CapEx Coverage (OCF/CapEx) | 33.62x | 41.73x | 70.00x | 26.17x | 0.47x | 0.67x | 0.68x | 0.63x | 0.81x | 0.72x |
Cash from Investing | -2.2B | -2.34B | -2.44B | -3.33B | -3.53B | -3.37B | -3.8B | -4.46B | -4.14B | -4.67B |
Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Purchase of Investments | -321M | -315M | -463M | -224M | -452M | -229M | -266M | -584M | -440M | -420M |
Sale of Investments | 305M | 299M | 467M | 183M | 439M | 216M | 240M | 564M | 0 | -25M |
Other Investing | -2.13B | -2.27B | -2.41B | -3.22B | 8M | 23M | -1M | -26M | 423M | 419M |
Cash from Financing | 102M | 205M | 334M | 1.73B | 1.72B | 1.17B | 1.29B | 1.75B | 884M | 1.44B |
Dividends Paid | -431M | -451M | -472M | -494M | -565M | -610M | -662M | -714M | -768M | -785M |
Dividend Payout Ratio % | 82.41% | 55.34% | 57% | 56.72% | 57.07% | 56.8% | 57.47% | 60.41% | 52.75% | - |
Debt Issuance (Net) | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
Stock Issued | 0 | 74M | 68M | 476M | 308M | 333M | 346M | 273M | 574M | 573M |
Share Repurchases | 0 | 0 | 0 | 0 | -13M | 0 | 0 | 0 | 0 | 0 |
Other Financing | -57M | -41M | -52M | -46M | -53M | -39M | -56M | -59M | -18M | 1.45B |
Net Change in Cash | 16M▲ 0% | 39M▲ 143.8% | 69M▲ 76.9% | 125M▲ 81.2% | -146M▼ 216.8% | 61M▲ 141.8% | 56M▼ 8.2% | 56M▲ 0.0% | 92M▲ 64.3% | 33M▲ 0% |
Exchange Rate Effect | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -76M |
Cash at Beginning | 52M | 68M | 107M | 176M | 301M | 155M | 216M | 272M | 328M | 420M |
Cash at End | 68M | 107M | 176M | 301M | 155M | 216M | 272M | 328M | 420M | 485M |
Free Cash Flow | -77M▲ 0% | -168M▼ 118.2% | -272M▼ 61.9% | -1.57B▼ 477.9% | -1.86B▼ 18.4% | -1.12B▲ 40.0% | -1.21B▼ 8.1% | -1.65B▼ 36.5% | -775M▲ 52.9% | -1.3B▲ 0% |
FCF Growth % | -450% | -118.18% | -61.9% | -477.94% | -18.45% | 40.01% | -8.06% | -36.45% | 52.94% | 30.99% |
FCF Margin % | -1.25% | -2.67% | -4.6% | -27.13% | -29.12% | -14.04% | -16.09% | -21.61% | -8.81% | -14.68% |
FCF / Net Income % | -14.72% | -20.61% | -32.85% | -180.48% | -188.08% | -104% | -104.77% | -139.34% | -53.23% | -85.5% |
Ameren Corporation (AEE) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Return on Equity (ROE) | 7.18% | 10.8% | 10.37% | 10.08% | 10.47% | 10.5% | 10.42% | 9.97% | 11.3% | 11.6% |
EBITDA Margin | 38.26% | 37.99% | 39.73% | 42.34% | 40.82% | 37.11% | 40.77% | 40.94% | 41.98% | 42.12% |
Net Debt / EBITDA | 3.56x | 3.77x | 4.17x | 4.66x | 5.21x | 5.11x | 5.39x | 6.00x | 5.36x | 0.30x |
Interest Coverage | 3.83x | 3.64x | 3.67x | 3.46x | 4.01x | 3.58x | 3.37x | 2.92x | 2.61x | - |
CapEx / Revenue | 1.02% | 0.83% | 0.52% | 1.14% | 55.1% | 42.48% | 50.28% | 57.85% | 46.91% | 52.33% |
Dividend Payout Ratio | 82.41% | 55.34% | 57% | 56.72% | 57.07% | 56.8% | 57.47% | 60.41% | 52.75% | 51.51% |
Debt / Equity | 1.15x | 1.16x | 1.19x | 1.27x | 1.38x | 1.42x | 1.44x | 1.53x | 1.47x | 0.08x |
EPS Growth | -20.15% | 55.14% | 0.9% | 4.48% | 9.71% | 7.81% | 5.8% | 0.91% | 21.04% | 23.28% |
Ameren Corporation (AEE) SEC filings — annual & quarterly reports (10-K, 10-Q)
May 5, 2026·SEC
Mar 4, 2026·SEC
Feb 27, 2026·SEC
Ameren Corporation (AEE) stock FAQ — growth, dividends, profitability & financials explained
Ameren Corporation (AEE) reported $8.88B in revenue for fiscal year 2025. This represents a 167% increase from $3.33B in 1997.
Ameren Corporation (AEE) grew revenue by 15.4% over the past year. This is strong growth.
Yes, Ameren Corporation (AEE) is profitable, generating $1.52B in net income for fiscal year 2025 (16.5% net margin).
Yes, Ameren Corporation (AEE) pays a dividend with a yield of 2.60%. This makes it attractive for income-focused investors.
Ameren Corporation (AEE) has a return on equity (ROE) of 11.3%. This is reasonable for most industries.
Ameren Corporation (AEE) had negative free cash flow of $1.30B in fiscal year 2025, likely due to heavy capital investments.
Ameren Corporation (AEE) has a dividend payout ratio of 53%. This suggests the dividend is well-covered and sustainable.