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Ameren AEE Business Segments

TTM Q1 '26TTM Q4 '25TTM Q3 '25TTM Q2 '25TTM Q1 '25
Revenue by Business
Ameren Illinois Electric Distribution$2.47B+14.6%$2.4B+14.8%$2.37B+14.7%$2.22B+7.2%$2.16B+2.6%
Ameren Illinois Transmission$647M+10.2%$637M+12.9%$624M-36.9%$603M-24.7%$587M-8.1%
Ameren Transmission$879M+9.1%$862M+10.4%$853M+13.6%$823M+12.9%$806M+15.3%
Union Electric Company-$35M-6.1%-$32M+3.0%-$32M0.0%-$32M0.0%-$33M-6.5%
External revenues by Business
Union Electric Company$4.73B+14.3%$4.76B+20.3%$4.96B+32.9%$4.6B+26.7%$4.14B+12.6%
Other Income, Net by Business
Ameren Illinois Electric Distribution$85M-13.3%$89M-8.2%$91M-6.9%$94M-6.5%$98M-1.3%
Ameren Illinois Transmission$29M+7.4%$28M+21.7%$31M+65.3%$33M+100%$27M+40.3%
Ameren Transmission$24M-22.6%$24M-7.7%$26M+23.8%$37M+85.0%$31M+34.8%
Union Electric Company$190M-2.6%$180M-8.2%$187M+5.9%$193M+22.2%$195M+37.8%
Other revenues not from contracts with customers by Business
Union Electric Company$7M0.0%$6M-14.3%$8M+100%$8M+700%$7M+450%
Taxes other than income taxes by Business
Ameren Illinois Electric Distribution$83M+5.1%$82M+9.3%$81M+6.9%$80M+8.8%$79M+7.8%
Ameren Illinois Transmission$5M+25.0%$5M+25.0%$3M-40.0%$4M0.0%$4M0.0%
Ameren Transmission$10M+25.0%$9M0.0%$10M+25.0%$9M+12.5%$8M0.0%
Union Electric Company$399M+6.7%$393M+5.6%$385M+2.1%$372M+3.9%$374M+4.8%
Revenues from alternative revenue programs by Business
Ameren Illinois Transmission-$22M-210%-$20M-169%$0-100%$11M-8.3%$20M+53.8%
Ameren Transmission-$29M-226%-$26M-179%$1M-95.5%$11M-42.1%$23M+15.0%
Union Electric Company-$3M-160%-$5M-225%$7M$7M$5M
Income Taxes by Business
Union Electric Company$42M+150%$43M+149%-$40M-567%-$78M-3,800%-$84M-1,580%
Natural gas purchased for resale by Business
Ameren Illinois Electric Distribution$0$0$0$0$0
Ameren Transmission$0$0$0$0$0
Union Electric Company$69M+11.3%$65M+8.3%$64M+5.3%$62M-19.0%$62M-28.9%
Interest Income by Business
Union Electric Company$10M+25.0%$9M+12.5%$8M-17.9%$7M-33.3%$8M-22.0%
Other operations and maintenance by Business
Ameren Illinois Electric Distribution$650M+0.2%$656M+6.0%$660M+12.8%$652M+17.5%$649M+21.3%
Ameren Illinois Transmission$56M0.0%$56M-1.8%$58M+5.0%$58M+10.5%$56M+6.2%
Ameren Transmission$74M+5.7%$74M+5.7%$72M+4.3%$72M+10.8%$70M+9.4%
Union Electric Company$1.04B-0.3%$1.03B-2.0%$1.01B-3.0%$1.04B+3.4%$1.05B+4.0%
Preferred Stock Dividends by Business
Ameren Illinois Electric Distribution$1M0.0%$1M0.0%$1M-20.0%$1M-33.3%$1M+33.3%
Ameren Transmission$1M0.0%$1M0.0%$1M+300%$1M+100%$1M+33.3%
Union Electric Company$3M0.0%$3M0.0%$3M-20.0%$3M-14.3%$3M-7.7%
Interest Charges by Business
Union Electric Company$319M+31.8%$297M+21.7%$272M+11.6%$249M+4.4%$242M+4.2%
Fuel and purchased power by Business
Union Electric Company$1.42B+15.1%$1.54B+43.6%$1.81B+93.2%$1.66B+94.5%$1.24B+35.2%
Cost, Depreciation, Amortization and Depletion by Business
Union Electric Company$880M-3.9%$860M-6.2%$936M+14.3%$917M+15.4%$916M+17.1%
CapEx by Business
Ameren Illinois Electric Distribution$664M+18.1%$635M+9.7%$594M-14.3%$583M-18.8%$562M-26.6%
Ameren Illinois Transmission$546M-13.6%$563M-9.8%$622M-0.2%$617M+1.3%$632M+1.4%
Ameren Transmission$748M-2.2%$717M-5.4%$748M-0.1%$748M+1.8%$765M+1.1%
Union Electric Company$2.94B+1.1%$2.5B-7.7%$2.75B+17.2%$2.93B+50.4%$2.9B+66.4%
Purchased Power by Business
Ameren Illinois Electric Distribution$995M+30.9%$941M+27.2%$941M+18.0%$815M-1.4%$760M-14.8%
Revenue by Product
Electric$1.52B+16.8%$1.57B+34.6%$1.9B+106%$1.76B+117%$1.31B+50.5%
Electricity$7.71B+13.4%$7.67B+17.2%$7.84B+25.2%$7.32B+19.0%$6.8B+9.4%
Natural gas$1.17B+5.9%$1.13B+4.4%$1.12B+7.5%$1.12B+7.6%$1.11B+6.2%
External revenues by Product
Electric$7.71B+13.4%$7.67B+17.2%$7.84B+25.2%$7.32B+19.0%$6.8B+9.4%
Natural gas$1.17B+5.9%$1.13B+4.4%$1.12B+7.5%$1.12B+7.6%$1.11B+6.2%

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Questions, answered.

How does Ameren break its business down?
Ameren (AEE) reports revenue by business across 5 parts — Ameren Illinois Electric Distribution, Ameren Illinois Natural Gas, Ameren Illinois Transmission, Ameren Transmission and Union Electric Company. Each is extracted from the segment footnotes and tracked over time.
Where does Ameren's segment data come from?
Segment breakdowns are pulled from the segment footnotes in Ameren's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.