Skip to content

Ameren AEE Revenues from alternative revenue programs

Discontinued — last reported Q4 '25

Revenues from alternative revenue programs at other companies

OGE Energy logo
OGE EnergyOGE
$15.9M+141%
American Electric Power logo
American Electric PowerAEP
-$11M+26.7%
Dominion Energy logo
Dominion EnergyD
$46M+109%
FirstEnergy logo
FirstEnergyFE
$13M
Xcel Energy logo
Xcel EnergyXEL
$267M+31.5%
Southern Company logo
Southern CompanySO
-$2M+89.5%

Segments

By segment

See full
Ameren Illinois Electric Distribution$46M+119%
Ameren Illinois Natural Gas$17M+467%
Ameren Transmission-$4M-300%
Ameren Illinois Transmission-$3M-200%
Union Electric Company-$3M+40.0%

Other financials

Income statement

See full
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

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

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

Profitability

See full
Gross margin82.2%+3.0pp
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×

Where this comes from

Reported directly by Ameren in its filing.

Tagged under the XBRL concept aee:RevenuesFromAlternativeRevenuePrograms.

The official record: Ameren’s 10-K, filed February 18, 2026, on SEC EDGAR. View the filing →

Ask your AI about Ameren's revenues from alternative revenue programs.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

What is Ameren's revenues from alternative revenue programs?
Ameren (AEE) reported revenues from alternative revenue programs of -$50M in Q4 2025.
How has Ameren's revenues from alternative revenue programs changed year-over-year?
Ameren's revenues from alternative revenue programs decreased by 2122.2% year-over-year, from -$2.25M to -$50M.
What is the long-term trend for Ameren's revenues from alternative revenue programs?
Over 4 years (2021 to 2025), Ameren's revenues from alternative revenue programs has grown at a 27.0% compound annual growth rate (CAGR), from $77M to -$200M.
What does revenues from alternative revenue programs mean?
Revenue streams derived from regulatory mechanisms or specialized programs that allow for the recovery of costs or the achievement of performance incentives outside of standard base rates. These programs are often designed to support energy efficiency or grid modernization goals.