Ameren Corporation (AEE) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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Revenue Growth Metrics
Revenue Breakdown (FY 2024)
AEE's revenue distribution by segment and geography for fiscal year 2024
By Product/Segment
AEE Revenue Analysis (2014–2025)
As of March 1, 2026, Ameren Corporation (AEE) generated trailing twelve-month (TTM) revenue of $8.80 billion, reflecting moderate decline in growth of -8.2% year-over-year. The most recent quarter (Q4 2025) recorded $1.78 billion in revenue, down 34.0% 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 (86%), and Natural Gas (14%). 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 DUK (+5.2% YoY), XEL (+3.4% YoY), and ETR (+9.0% YoY), AEE has underperformed the peer group in terms of revenue growth. Compare AEE vs DUK →
Peer Comparison
Compare AEE's revenue metrics with industry peers
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| AEECurrent | $8.8B | -8.2% | +8.7% | 23.0% | |
| DUK | $32.2B | +5.2% | +6.6% | 26.6% | |
| XEL | $13.4B | +3.4% | +3.1% | 17.8% | |
| ETR | $12.9B | +9.0% | +5.1% | 23.6% | |
| PEG | $12.2B | +18.3% | +4.8% | 24.5% | |
| WEC | $9.8B | +14.0% | +6.2% | 24.2% |
Historical Revenue Data
| 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% |
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Start ComparisonFrequently Asked Questions
Is AEE's revenue growth accelerating or slowing?
AEE revenue declined -8.2% year-over-year, contrasting with the 5-year CAGR of +8.7%. TTM revenue fell to $8.8B. This reverses the prior growth trend.
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 -8.2% is below 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.