Ameren Corporation (AEE) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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AEE Revenue Growth
Revenue Breakdown (FY 2025)
AEE's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
AEE Revenue Analysis (2014–2025)
As of May 7, 2026, Ameren Corporation (AEE) generated trailing twelve-month (TTM) revenue of $8.88 billion, reflecting modest growth of +3.8% year-over-year. The most recent quarter (Q1 2026) recorded $2.18 billion in revenue, up 22.1% sequentially.
Looking at the longer-term picture, AEE's 5-year compound annual growth rate (CAGR) stands at +8.7%, indicating steady revenue expansion. The company achieved its highest annual revenue of $8.80 billion in 2025, representing a new all-time high.
Revenue diversification analysis shows AEE's business is primarily driven by Electricity (87%), and Natural Gas (13%). With over half of revenue concentrated in Electricity, the company maintains significant focus in this area while developing other growth vectors.
When compared to Utilities sector peers including WEC (+11.2% YoY), EVRG (+0.1% YoY), and OGE (+4.1% YoY), AEE has underperformed the peer group in terms of revenue growth. Compare AEE vs WEC →
AEE Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| AEECurrent | $8.9B | +3.8% | +8.7% | 23.0% | |
 WEC | $9.8B | +11.2% | +6.2% | 24.2% | |
 EVRG | $6.0B | +0.1% | +3.9% | 25.7% | |
 OGE | $3.3B | +4.1% | +9.0% | 24.5% | |
 NWE | $1.6B | +9.1% | +6.1% | 20.2% | |
 AVA | $2.0B | +1.4% | +8.2% | 18.0% |
AEE Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $8.80B | +15.4% | $2.60B | 29.6% | $2.03B | 23.0% |
| 2024 | $7.62B | +1.6% | $3.65B | 47.9% | $1.52B | 19.9% |
| 2023 | $7.50B | -5.7% | $3.47B | 46.2% | $1.56B | 20.8% |
| 2022 | $7.96B | +24.4% | $3.34B | 42.0% | $1.51B | 19.0% |
| 2021 | $6.39B | +10.4% | $2.99B | 46.8% | $1.33B | 20.8% |
| 2020 | $5.79B | -2.0% | $2.86B | 49.3% | $1.30B | 22.4% |
| 2019 | $5.91B | -6.1% | $2.74B | 46.4% | $1.27B | 21.4% |
| 2018 | $6.29B | +1.9% | $2.79B | 44.4% | $1.36B | 21.6% |
| 2017 | $6.17B | +1.6% | $2.78B | 45.1% | $1.41B | 22.8% |
| 2016 | $6.08B | -0.4% | $2.63B | 43.4% | $1.32B | 21.8% |
Full AEE Stock Analysis
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Start ComparisonAEE — Frequently Asked Questions
Quick answers to the most common questions about buying AEE stock.
Is AEE's revenue growth accelerating or slowing?
AEE revenue growth slowed to +3.8%, below the 5-year CAGR of +8.7%. TTM revenue is $8.9B. The deceleration marks a shift from historical growth rates.
What is AEE's long-term revenue growth rate?
Ameren Corporation's 5-year revenue CAGR of +8.7% reflects the variable expansion pattern. Current YoY growth of +3.8% is near this long-term average.
How is AEE's revenue distributed by segment?
AEE reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.