Last 48 quarters of trend data · Utilities · Regulated Electric
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
Ameren Corporation's quarterly P/E stands at 21.5x, down 8.5% year-over-year. EV/EBITDA has compressed 38.5% YoY to 8.5x, reflecting multiple compression or accelerating EBITDA.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | 20.39 | 21.47 | 27.14 | 11.10 | 23.77 | 23.46 | 28.94 | 12.86 | 18.33 | 18.87 | 30.14 | 9.95 | 22.69 |
| — | -8.5% | -6.2% | -13.7% | +29.7% | +24.3% | -4.0% | +29.3% | -19.2% | -12.6% | -14.6% | -14.0% | -19.7% | |
| P/S Ratio | 3.43 | 3.52 | 3.83 | 2.63 | 2.94 | 3.25 | 3.09 | 2.69 | 2.80 | 2.72 | 2.95 | 2.40 | 3.05 |
| — | +8.2% | +24.2% | -2.2% | +4.8% | +19.6% | +4.6% | +12.0% | -8.2% | -1.4% | +4.4% | +5.8% | -10.1% | |
| P/B Ratio | 2.19 | 2.24 | 2.02 | 2.20 | 2.10 | 2.21 | 1.96 | 1.95 | 1.63 | 1.71 | 1.66 | 1.77 | 1.99 |
| — | +1.3% | +3.2% | +12.6% | +28.9% | +29.4% | +17.7% | +10.4% | -18.1% | -19.5% | -23.5% | -12.6% | -15.2% | |
| P/FCF | — | — | — | 52.52 | — | — | — | — | — | — | — | 31.26 | — |
| — | — | — | — | — | — | — | — | — | — | — | — | — | |
| EV / EBITDA | 13.53 | 8.52 | 15.51 | 9.77 | 14.23 | 13.86 | 16.10 | 10.51 | 12.05 | 11.99 | 13.79 | 9.00 | 13.41 |
| — | -38.5% | -3.6% | -7.1% | +18.1% | +15.6% | +16.7% | +16.9% | -10.2% | -9.7% | -5.9% | -2.8% | -7.5% | |
| EV / EBIT | 24.68 | 14.90 | 32.74 | 13.44 | 22.70 | 22.74 | 33.14 | 15.13 | 19.79 | 20.02 | 25.34 | 12.51 | 22.81 |
| — | -34.5% | -1.2% | -11.2% | +14.7% | +13.6% | +30.8% | +21.0% | -13.2% | -10.2% | -14.6% | -8.3% | -11.0% |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
Ameren Corporation's operating margin was 24.4% in Q1 2026, up 4.2 pp QoQ and up 3.9 pp YoY. The trailing four-quarter average of 23.4% lags the current quarter, suggesting the recent improvement is above-trend. Gross margin expanded 122.8% YoY, indicating pricing power or improving input costs.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 29.6% | 100.0% | 27.9% | 36.6% | 41.8% | 44.9% | 40.9% | 51.7% | 51.3% | 47.7% | 46.4% | 54.9% | 44.8% |
| — | +122.8% | -31.7% | -29.2% | -18.5% | -6.0% | -11.9% | -5.7% | +14.5% | +23.4% | +31.2% | +15.7% | +2.5% | |
| Operating Margin | 23.0% | 24.4% | 20.2% | 30.6% | 18.5% | 20.5% | 10.2% | 27.0% | 21.3% | 20.4% | 16.3% | 29.8% | 18.7% |
| — | +19.2% | +98.0% | +13.3% | -13.2% | +0.4% | -37.5% | -9.5% | +14.1% | +20.0% | +21.0% | +14.7% | +4.4% | |
| Net Margin | 16.5% | 16.4% | 14.1% | 23.7% | 12.4% | 13.8% | 10.7% | 21.0% | 15.2% | 14.4% | 9.8% | 23.9% | 13.5% |
| — | +19.0% | +32.6% | +13.0% | -18.8% | -4.1% | +9.2% | -12.3% | +13.2% | +12.3% | +22.6% | +22.1% | +12.3% |
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 11.3% | 2.6% | 1.9% | 5.0% | 2.2% | 2.4% | 1.7% | 3.9% | 2.2% | 2.3% | 1.4% | 4.5% | 2.2% |
| — | +11.6% | +11.5% | +30.8% | -0.1% | +3.8% | +22.6% | -13.9% | +1.0% | -8.3% | -10.3% | +0.8% | +5.9% | |
| ROA | 3.1% | 0.7% | 0.5% | 1.4% | 0.6% | 0.6% | 0.5% | 1.1% | 0.6% | 0.6% | 0.4% | 1.3% | 0.6% |
| — | +13.4% | +11.6% | +27.8% | -3.4% | +0.8% | +19.9% | -15.2% | +0.2% | -8.6% | -8.9% | +3.8% | +9.0% | |
| ROIC | 4.7% | 1.7% | 0.8% | 1.9% | 1.0% | 1.0% | 0.5% | 1.5% | 0.9% | 1.0% | 0.7% | 1.7% | 0.9% |
| — | +61.7% | +67.6% | +28.3% | +2.8% | +4.3% | -32.4% | -13.6% | +0.3% | -3.0% | -11.5% | -5.3% | -2.3% |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
Ameren Corporation's Debt/EBITDA ratio is 1.2x, down from 26.1x last quarter — comfortably within a safe range. The current ratio has weakened 27.4% YoY to 0.62x, tightening the short-term liquidity position. Debt/Equity has declined for 4 consecutive quarters, reflecting a deleveraging trend.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 1.47 | 0.08 | 1.47 | 1.56 | 1.61 | 1.59 | 1.53 | 1.53 | 1.52 | 1.48 | 1.44 | 1.43 | 1.48 |
| — | -94.8% | -4.2% | +2.0% | +5.4% | +7.0% | +6.3% | +6.5% | +3.0% | +2.7% | +1.3% | -1.0% | +1.3% | |
| Debt / EBITDA | 5.37 | 1.21 | 26.09 | 16.21 | 24.70 | 23.22 | 28.24 | 18.46 | 23.32 | 22.38 | 25.59 | 16.11 | 22.90 |
| — | -94.8% | -7.6% | -12.2% | +5.9% | +3.8% | +10.3% | +14.6% | +1.8% | +3.7% | +10.5% | +4.3% | +2.8% | |
| Current Ratio | 0.66 | 0.62 | 0.66 | 0.93 | 0.80 | 0.86 | 0.66 | 0.63 | 0.67 | 0.59 | 0.65 | 0.52 | 0.62 |
| — | -27.4% | -0.8% | +47.1% | +19.0% | +44.2% | +1.7% | +22.0% | +8.1% | -20.5% | -17.7% | -34.6% | -6.8% | |
| Quick Ratio | 0.46 | 0.44 | 0.46 | 0.64 | 0.56 | 0.62 | 0.44 | 0.41 | 0.45 | 0.40 | 0.43 | 0.33 | 0.40 |
| — | -28.7% | +4.5% | +56.8% | +25.4% | +55.6% | +1.7% | +24.6% | +11.2% | -22.8% | -27.2% | -42.6% | -19.4% | |
| Interest Coverage | 2.61 | 2.61 | 1.75 | 4.33 | 2.71 | 2.94 | 1.88 | 3.97 | 2.81 | 2.99 | 2.29 | 4.70 | 3.07 |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 48 years · Updated daily
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Ameren Corporation's current P/E is 20.4x. The average P/E over the last 4 quarters is 20.9x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
Ameren Corporation's current operating margin is 23.0%. Margins have been expanding over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.
Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Ameren Corporation's business trajectory between earnings reports.