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Ameren AEE Ameren Transmission — Income Taxes

Other segment segments

Ameren Illinois Natural Gas
$44M+15.8%
Ameren Illinois Transmission
$22M
Ameren Illinois Electric Distribution
$16M
Union Electric Company
$3M-25.0%

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MGEETransmission Investment — Income Tax Expense Benefit
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$13.7M+15.1%
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FERegulated Transmission — Income taxes (benefits)
$46M+15.0%
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AEPAEPTHCo — Income Tax Expense (Benefit)
$67M0.0%
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WECElectric Transmission — Property and revenue taxes
$0
AWR
AWRElectric: — Income Tax
$884K-15.6%

Other financials

Income statement

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Revenue$2.2B+3.8%
Gross profit$1.8B+19.9%
Operating income$532.0M+23.7%
Net income$358.0M+23.4%
EPS (diluted)$1.28+19.6%

Balance sheet

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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

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

Valuation

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Market cap$32.75B+25.3%
Enterprise value$52.44B+14.8%
P/E21.4×+0.2×
P/S3.7×+0.6×

Profitability

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Gross margin82.2%+3.0pp
Operating margin24%+4.0pp
Net margin17.2%+1.9pp
FCF margin-18.1%-3.0pp

Returns & leverage

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

Where this comes from

Reported directly by Ameren in its filing.

Tagged under the XBRL concept us-gaap:IncomeTaxExpenseBenefit.

The official record: Ameren’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Ameren's ameren transmission — income taxes?
Ameren (AEE) reported ameren transmission — income taxes of $32M in Q1 2026.
How has Ameren's ameren transmission — income taxes changed year-over-year?
Ameren's ameren transmission — income taxes increased by 3.2% year-over-year, from $31M to $32M.
What does ameren transmission — income taxes mean?
The provision for income taxes specifically attributable to the earnings of the transmission segment. This reflects the tax burden on the segment's pre-tax income after accounting for regulatory tax benefits.