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Ameren AEE Regulatory liabilities

Regulatory liabilities at other companies

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SpireSR
$12.6M-75.6%
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$148.4M-18.6%
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$87M-12.1%
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American Electric PowerAEP
$8.23B
OTT
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$19.1M-29.3%
NorthWestern Energy Group, Inc. logo
NorthWestern Energy Group, Inc.NWE
$31.2M+20.3%

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$31.35B+15.6%
Enterprise value$51.04B+9.3%
P/E20.5×-1.5×
P/S3.5×+0.3×

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:RegulatoryLiabilityNoncurrent.

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 regulatory liabilities?
Ameren (AEE) reported regulatory liabilities of $6.25B in Q1 2026.
How has Ameren's regulatory liabilities changed year-over-year?
Ameren's regulatory liabilities increased by 5.0% year-over-year, from $5.95B to $6.25B.
What is the long-term trend for Ameren's regulatory liabilities?
Over 5 years (2020 to 2025), Ameren's regulatory liabilities has grown at a 120.1% compound annual growth rate (CAGR), from $121M to $6.26B.
What does regulatory liabilities mean?
These are obligations to refund or credit ratepayers in future periods as mandated by utility regulators. They arise when the company collects revenue in excess of costs or receives tax benefits that must be passed back to customers. This is a core component of the rate-regulated business model.