Income StatementBalance SheetCash FlowSegments
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Ameren Income Statement

Revenue, expenses, and profitability over time

Ameren generated $8.9B in trailing twelve-month revenue, up 0.1% year-over-year. Net income was $1.5B with a 17.22% net margin. Diluted EPS is $5.56, which grew 0.2% year-over-year. Based on the Q1 2026 filing.

Total Revenue (TTM)$8.9BGross Profit (TTM)$7.2BOperating Income (TTM)$2.1BNet Income (TTM)$1.5BEps Diluted (TTM)$5.56
Latest FilingQ1 2026
Report Date2026-05-08
Market Cap$29.7B
P/E Ratio19.44
ROE11.86%

Operating Expenses

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Stock-Based Compensation Expense$7.0M$7.0M$7.0M$7.0M$7.0M$8.0M
Share-Based Compensation Expense$7.0M$7.0M$7.0M$7.0M$7.0M$8.0M
Stock-based compensation expense$7.0M$7.0M$7.0M$7.0M$7.0M$8.0M
Taxes other than income taxes$131.0M$144.0M$131.0M$164.0M$138.0M$151.0M
Fuel and purchased power$527.0M$502.0M$794.0M$768.0M$242.0M$433.0M
Utilities Operating Expense Gas And Petroleum Purchased$106.0M$169.0M$39.0M$25.0M$115.0M$171.0M
Operating and maintenance$514.0M$485.0M$460.0M$502.0M$527.0M$491.0M
Share-Based Compensation$7.0M$7.0M$7.0M$7.0M$7.0M$8.0M
Total operating expenses$1.7B$1.7B$1.8B$1.9B$1.4B$1.6B

Other Income & Expense

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Other Non-Cash Income (Expense)-$21.8M-$15.8M-$15.8M-$15.8M-$15.8M-$9.0M
Other non-cash income (expense)-$21.8M-$15.8M-$15.8M-$15.8M-$15.8M-$9.0M
Other Charges$124.0M$85.0M$96.0M$76.0M$90.0M$90.0M
Interest expense$171.0M$175.0M$187.0M$208.0M$206.0M$204.0M
Change in Receivables$22.8M$68.0M$68.0M$68.0M$68.0M-$41.0M
OCI Defined Benefit Plans—$0.0$2.0M$0.0-$5.0M$0.0
Other Non-Cash Income (Expense)-$21.8M-$15.8M-$15.8M-$15.8M-$15.8M-$9.0M
Other income (expense), net$124.0M$85.0M$96.0M$76.0M$90.0M$90.0M
Other Non-cash Income (Expense)-$21.8M-$15.8M-$15.8M-$15.8M-$15.8M-$9.0M
Other Non-Cash Income (Expense)-$21.8M-$15.8M-$15.8M-$15.8M-$15.8M-$9.0M

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Capital Expenditures$1.1B$1.0B$1.0B$1.0B$1.0B$1.6B
Change in Other Liabilities$5.5M$26.0M$26.0M$26.0M$26.0M-$30.0M
Tax Withholding for Share-Based Payments$2.0M$3.3M$3.3M$3.3M$3.3M$14.0M
OCI - Defined benefit plan, net of tax—$0.0$2.0M$0.0-$5.0M$0.0
Reclassifications Net of Tax$207.0M$289.0M$275.0M$640.0M$252.0M$357.0M
Other Comprehensive Income (Loss)—$0.0$2.0M$0.0-$5.0M$0.0
OCI Defined Benefit Plan Net of Tax—$0.0$2.0M$0.0-$5.0M$0.0
Amortization Of Financing Costs And Discounts$4.8M$4.8M$4.8M$4.8M$4.8M$5.0M
Amortization of nuclear fuel$20.3M$14.0M$14.0M$14.0M$14.0M$21.0M
Comprehensive Income (Loss), Net of Tax, Attributable to Parent$211.0M$285.0M$271.0M$640.0M$266.0M$355.0M
Deferred and other income taxes$31.8M$63.3M$63.3M$63.3M$63.3M$56.0M
Defined Benefit Plan Number of High Quality Bonds Used to Determine Yield Curve215.00—————
Depreciation, Amortization and Accretion, Net$381.0M$403.0M$403.0M$403.0M$403.0M$417.0M
Effective Income Tax Rate Reconciliation, Nondeductible Expense, Amortization of Excess Deferred Taxes, Percent-2.3%—————
Depreciation differences-0.3%—————
Effective Income Tax Rate Reconciliation, Tax Credit, Investment, Percent0.0%—————
Accounts payable and other current liabilities$1.0M$10.5M$10.5M$10.5M$10.5M-$308.0M
Income and other taxes$8.5M$47.5M$47.5M$47.5M$47.5M$75.0M
Increase (Decrease) In Deferred Tax Liabilities$30.8M—————
Increase (Decrease) in Inventories$7.8M$3.0M$3.0M$3.0M$3.0M-$41.0M
Increase (Decrease) in Other Operating Assets$8.5M$9.0M$9.0M$9.0M$9.0M$3.0M
Other liabilities$5.5M$26.0M$26.0M$26.0M$26.0M-$30.0M
Increase (Decrease) in Regulatory Assets and Liabilities-$24.8M-$16.3M-$16.3M-$16.3M-$16.3M$205.0M
Cash Provided by (Used in) Financing Activity, Including Discontinued Operation$437.3M$221.0M$221.0M$221.0M$221.0M$1.3B
Cash Provided by (Used in) Investing Activity, Including Discontinued Operation-$1.1B-$1.0B-$1.0B-$1.0B-$1.0B-$1.6B
Cash Provided by (Used in) Operating Activity, Including Discontinued Operation$690.8M$838.3M$838.3M$838.3M$838.3M$421.0M
Net Income (Loss) Available to Common Stockholders, Basic$207.0M$289.0M$275.0M$640.0M$252.0M$357.0M
Net gains (losses) deferred$3.0M-$4.0M-$2.0M$0.0$9.0M-$2.0M
Other Comprehensive (Income) Loss, Defined Benefit Plan, after Reclassification Adjustment, after Tax—$0.0$2.0M$0.0-$5.0M$0.0
Other Noncash Income (Expense)-$21.8M-$15.8M-$15.8M-$15.8M-$15.8M-$9.0M
Other income, net (Note 6)$124.0M$85.0M$96.0M$76.0M$90.0M$90.0M
Payment Of Financing And Stock Issuance Costs—$11.0M$3.0M$3.0M—$12.0M
Payment for (Proceeds from) Other Investing Activity$6.5M-$13.3M-$13.3M-$13.3M-$13.3M$7.0M
Payments of Ordinary Dividends, Common Stock$178.5M$192.0M$192.0M$192.0M$192.0M$208.0M
Payment, Tax Withholding, Share-Based Payment Arrangement$2.0M$3.3M$3.3M$3.3M$3.3M$14.0M
Payments to Acquire Property, Plant, and Equipment$1.1B$1.0B$1.0B$1.0B$1.0B$1.6B
Payments to Acquire Investments to be Held in Decommissioning Trust Fund$146.0M$110.0M$110.0M$110.0M$110.0M$87.0M
Proceeds from Issuance of Common Stock$68.3M$143.5M$143.5M$143.5M$143.5M$12.0M
Debt issued (Note 13)$633.8M$490.0M$490.0M$490.0M$490.0M$1.3B
Proceeds from (Repayments of) Short-Term Debt$151.8M-$124.8M-$124.8M-$124.8M-$124.8M$534.0M
Allowance for Funds Used During Construction, Equity$19.0M$22.0M$22.0M$22.0M$22.0M$31.0M
Repayments of Long-Term Debt—$300.0M$24.0M$0.0—$350.0M
Stock-based compensation$7.0M$7.0M$7.0M$7.0M$7.0M$8.0M
Taxes other than income taxes and other – net$131.0M$144.0M$131.0M$164.0M$138.0M$151.0M
Utilities Operating Expense, Depreciation and Amortization$465.0M$367.0M$386.0M$415.0M$400.0M$398.0M
Cash Dividends, Common Stock$178.5M$192.0M$192.0M$192.0M$192.0M$208.0M
OCI Defined Benefit Plan, After Tax—$0.0$2.0M$0.0-$5.0M$0.0
Other Comprehensive Income (Loss)$211.0M$285.0M$271.0M$640.0M$266.0M$355.0M
OCI Pension Adjustments—$0.0$2.0M$0.0-$5.0M$0.0
OCI Pension Reclassification Adjustment, Pre-tax—$0.0$2.0M$0.0-$5.0M$0.0
OCI Defined Benefit Plan, Net of Tax—$0.0$2.0M$0.0-$5.0M$0.0

Net Income

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Net income applicable to common shareholders$207.0M$289.0M$275.0M$640.0M$252.0M$357.0M
Common Stock Dividends$178.5M$192.0M$192.0M$192.0M$192.0M$208.0M
Net earnings to common$207.0M$289.0M$275.0M$640.0M$252.0M$357.0M
Dividends Paid to Minority Interest$1.3M$1.3M$1.3M$1.3M$1.3M$1.0M
Net Income Available to Common Shareholders$207.0M$289.0M$275.0M$640.0M$252.0M$357.0M
Net income$208.0M$290.0M$277.0M$641.0M$253.0M$358.0M
Preferred stock dividends$1.0M$1.0M$2.0M$1.0M$1.0M$1.0M
Net income attributable to common stock$207.0M$289.0M$275.0M$640.0M$252.0M$357.0M
Common Stock Dividends$178.5M$192.0M$192.0M$192.0M$192.0M$208.0M

Tax

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Tax Reconciliation, Tax Credits2.3%—————
Income tax expense—$50.0M$43.0M$52.0M$0.0$60.0M
Deferred Income Tax Expense$31.8M$63.3M$63.3M$63.3M$63.3M$56.0M
Deferred and Other Income Taxes$31.8M$63.3M$63.3M$63.3M$63.3M$56.0M
Income and Other Taxes$8.5M$47.5M$47.5M$47.5M$47.5M$75.0M

Earnings Per Share

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Basic earnings per share$0.77$1.07$1.02$2.37$0.92$1.29
Diluted earnings per share$0.77$1.07$1.01$2.35$0.92$1.28
Weighted-average shares, basic—270M270.3M270.4M—276.5M
Weighted-average shares, diluted—271.4M271.6M272.2M—278.4M

Income Before Tax

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Income before income taxes$151.0M$340.0M$320.0M$693.0M$244.0M$418.0M

Operating Income

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Operating income$198.0M$430.0M$411.0M$825.0M$360.0M$532.0M

Revenue

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Total revenue$1.9B$2.1B$2.2B$2.7B$1.8B$2.2B