Business Segments · CapEx

Union Electric Company — CapEx

Ameren Union Electric Company — CapEx increased by 73.4% to $1.09B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 65.8%, from $658.00M to $1.09B. Over 4 years (FY 2021 to FY 2025), Union Electric Company — CapEx shows an upward trend with a 5.6% CAGR.

Analysis

StatementSegment
CategoryGrowth
SignalContext dependent
VolatilityModerate
First reportedQ1 2018
Last reportedQ1 2026

How to read this metric

Higher spending often signals growth initiatives or grid modernization, while lower spending may indicate a focus on cash preservation or completion of major projects.

Detailed definition

The total funds invested by the Union Electric Company segment to acquire, upgrade, or maintain physical assets such as...

Peer comparison

Standard utility metric; comparable to infrastructure investment spending across the regulated utility sector.

Metric ID: aee_segment_union_electric_company_capital_expenditures

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$567.00M$466.00M$448.00M$414.00M$392.00M$431.00M$453.00M$481.00M$433.00M$341.00M$505.00M$466.00M$638.00M$735.00M$873.00M$658.00M$667.00M$548.00M$629.00M$1.09B
QoQ Change-17.8%-3.9%-7.6%-5.3%+9.9%+5.1%+6.2%-10.0%-21.2%+48.1%-7.7%+36.9%+15.2%+18.8%-24.6%+1.4%-17.8%+14.8%+73.4%
YoY Change-30.9%-7.5%+1.1%+16.2%+10.5%-20.9%+11.5%-3.1%+47.3%+115.5%+72.9%+41.2%+4.5%-25.4%-27.9%+65.8%
Range$341.00M$1.09B
CAGR+14.8%
Avg YoY Growth+16.9%
Median YoY Growth+7.5%
Current Streak2 quarters growth

Frequently Asked Questions

What is Ameren's union electric company — capex?
Ameren (AEE) reported union electric company — capex of $1.09B in Q1 2026.
How has Ameren's union electric company — capex changed year-over-year?
Ameren's union electric company — capex increased by 65.8% year-over-year, from $658.00M to $1.09B.
What is the long-term trend for Ameren's union electric company — capex?
Over 4 years (2021 to 2025), Ameren's union electric company — capex has grown at a 5.6% compound annual growth rate (CAGR), from $2.02B to $2.50B.
What does union electric company — capex mean?
Spending on infrastructure and long-term assets by the Union Electric segment.