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Ameren AEE Allowance for equity funds used during construction

Allowance for equity funds used during construction at other companies

NorthWestern Energy Group, Inc. logo
NorthWestern Energy Group, Inc.NWE
$2.47M-47.0%

Other financials

Income statement

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Revenue$2.1B-5.8%
Gross profit$1.8B+19.9%
Operating income$459.0M+11.7%
Net income$314.0M+13.4%
EPS (diluted)$1.13+11.9%

Balance sheet

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Cash & equivalents$12.0M-97.0%
Total debt$21.8B+9.3%
Total equity$13.7B+11.1%
Total assets$51.2B+9.8%

Cash flow

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Operating cash flow$770.0M-10.7%
CapEx$1.1B+1.2%
Free cash flow-$309.0M-51.5%

Valuation

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Market cap$30.16B+9.8%
Enterprise value$51.96B+10.5%
P/E19.3×-3.0×
P/S3.5×+0.2×

Profitability

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Gross margin82.2%+3.0pp
Operating margin24.9%+5.6pp
Net margin17.9%+3.3pp
FCF margin-19.5%+1.3pp

Returns & leverage

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Return on equity12%+1.7pp
Debt / equity1.6×0.0×
Current ratio0.5×-0.3×

Where this comes from

Reported directly by Ameren in its filing.

Tagged under the XBRL concept us-gaap:PublicUtilitiesAllowanceForFundsUsedDuringConstructionCapitalizedCostOfEquity.

The source filing: Ameren’s 8-K, filed July 30, 2026. Open the filing →

Filed
Jul 30, 2026, 4:31 PM EDT
Accession
0001002910-26-000020

FAQ

What is Ameren's allowance for equity funds used during construction?
Ameren (AEE) reported allowance for equity funds used during construction of $38M in Q2 2026.
How has Ameren's allowance for equity funds used during construction changed year-over-year?
Ameren's allowance for equity funds used during construction increased by 65.2% year-over-year, from $23M to $38M.
What is the long-term trend for Ameren's allowance for equity funds used during construction?
Over 4 years (2021 to 2025), Ameren's allowance for equity funds used during construction has grown at a 19.6% compound annual growth rate (CAGR), from $43M to $88M.
What does allowance for equity funds used during construction mean?
The Allowance for Funds Used During Construction (AFUDC) represents the cost of debt and equity capital used to finance the construction of utility plant assets. The equity portion is a non-cash item that increases net income but does not provide immediate cash flow, necessitating an adjustment in the operating section. It is a standard regulatory accounting practice for utilities.

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