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Ameren

AEE

Ameren Corporation is a public utility holding company that operates rate-regulated electric and natural gas businesses across Missouri and Illinois.

Market cap
$31.33B+20.3%
Revenue$8.9B+12.3%
Net income$1.5B+25.8%
Free cash flow-$1.6B+10.4%
EPS (diluted)$5.56+23.3%
Trailing twelve months · change vs. prior year

Earnings

Next report

Jul 30, 2026 (In 2 weeks)
Revenue estimate$2.3B
EPS estimate$1.04

Financials

Q1 2026

Income statement

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Revenue$2.2B+3.8%
Operating income$532.0M+23.7%
Net income$358.0M+23.4%
EPS (diluted)$1.28+19.6%

Balance sheet

See full
Cash & equivalents$485.0M+29.0%
Total debt$20.2B+2.9%
Total equity$13.6B+10.9%
Total assets$49.8B+9.2%

Cash flow

See full
Operating cash flow$421.0M-2.3%
CapEx$1.6B+47.9%
Free cash flow-$1.2B-82.1%

Valuation & ratios

Valuation

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Market cap$31.33B+20.3%
Enterprise value$51.02B+11.9%
P/E20.5×-0.6×
P/S3.5×+0.4×

Profitability

See full
Operating margin24%+4.0pp
Net margin17.2%+1.9pp
FCF margin-18.1%-3.0pp

Returns & leverage

See full
Return on equity11.9%+1.6pp
Debt / equity1.5×-0.1×
Current ratio0.6×-0.2×

Segments

By product

See full
Electric$1.7B+2.4%
Electricity$1.7B+2.4%
Natural gas$515.0M+8.4%

By segment

See full
Ameren Illinois Natural Gas$436.0M+6.1%

Competitors

Profile

Ameren Corporation is a public utility holding company that operates rate-regulated electric and natural gas businesses across Missouri and Illinois. The company focuses on energy generation, transmission, and distribution, serving millions of customers through a diverse portfolio of coal, nuclear, natural gas, and renewable energy sources. Its core value proposition centers on investing in regulated energy infrastructure and transitioning toward a sustainable energy future through grid modernization and clean energy expansion.

Competitive position

Ameren holds a dominant, rate-regulated position in its service territories, operating as a natural monopoly for distribution services while participating in competitive wholesale power markets.

GeographiesMissouri, Illinois, United States
Customer segmentsResidential, Commercial, Industrial, Municipal
Business modelRegulated Monopoly, Rate-of-Return Regulation, Infrastructure Asset Management
SuppliersCoal Suppliers, Uranium Mining and Enrichment Providers, Natural Gas Producers, Interstate Pipeline Operators, Renewable Energy Equipment Manufacturers
CustomersResidential Households, Commercial Enterprises, Industrial Manufacturers, Municipalities, Wholesale Market Participants
Listed1984
Employees9.4K
CEOMartin J. Lyons Jr.
SectorUtilities
FilingsSEC EDGAR

Questions, answered.

What is Ameren's market cap?
Ameren (AEE) has a market capitalization of $31.3B and trades on NYSE.
What is Ameren's revenue and profitability?
Ameren generated $8.9B in trailing twelve-month revenue with net income of $1.5B, representing a net margin of 17.2%. Gross margin stands at 82.2%, with free cash flow of -$1.6B. These figures are based on the Q1 2026 filing.
Who are Ameren's competitors?
Ameren's key competitors include Evergy, Inc., Exelon Corporation, Vistra Corp., and others. These companies compete in similar markets and product categories.
Who does Ameren partner with?
Ameren's notable partners include MISO, Panhandle Eastern Pipe Line Company, Illinois Power Agency.
What subsidiaries does Ameren have?
Ameren's subsidiaries include Ameren Missouri, Ameren Illinois, Ameren Transmission Company of Illinois, and others.
Where is Ameren headquartered?
Ameren is headquartered in United States of America and employs approximately 9,372 people. It has been publicly traded since 1984.