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Financials · AEE

Ameren Corporation (AEE) financials

For the twelve months ended Jun 30, 2026, Ameren Corporation reported $8.75B of revenue and $1.56B of net income.

Revenue, TTM
$8.75B
Revenue growth, YoY
+3.8%
Net income, TTM
$1.56B
Net income growth, YoY
+27.4%
Net margin
17.9%
Free cash flow, TTM
-$1.40B
EPS, diluted, TTM
$5.68
EPS growth, YoY
+24.8%
Cash
$12.00M
Total debt
$20.59B
P/E
19.98
P/S
3.57
Market cap
$31.23B
Annual revenue$8.80B
FY2016FY2025
Annual net income$1.46B
FY2016FY2025
Annual free cash flow-$775.00M
FY2016FY2025

AEE revenue and earnings growth

AEE revenueQ2 2026$2.09B

Quarter YoY
-5.8%
QoQ
-3.9%
FY YoY
+15.4%
5Y CAGR
+8.7%
10Y CAGR
+3.7%

AEE revenue was $2.09B in fiscal Q2 2026 (ended Jun 30, 2026), down 5.8% from a year earlier and down 3.9% from the prior quarter. For the full fiscal 2025 it was $8.80B, up 15.4% from fiscal 2024. Compound annual growth was +8.7% over 5 years and +3.7% over 10 years. It rose in 6 of the last 10 fiscal years. Fiscal 2025 is the highest of the 15 fiscal years on file.

AEE net incomeQ2 2026$314.00M

Quarter YoY
+14.2%
QoQ
-12.0%
FY YoY
+23.2%
5Y CAGR
+10.8%
10Y CAGR
+8.7%

AEE net income was $314.00M in fiscal Q2 2026 (ended Jun 30, 2026), up 14.2% from a year earlier and down 12.0% from the prior quarter. For the full fiscal 2025 it was $1.46B, up 23.2% from fiscal 2024. Compound annual growth was +10.8% over 5 years and +8.7% over 10 years. It rose in 9 of the last 10 fiscal years. Fiscal 2025 is the highest of the 15 fiscal years on file.

AEE EPSQ2 2026$1.13

Quarter YoY
+11.9%
QoQ
-11.7%
FY YoY
+21.0%
5Y CAGR
+8.9%
10Y CAGR
+7.5%

AEE diluted EPS was $1.13 in fiscal Q2 2026 (ended Jun 30, 2026), up 11.9% from a year earlier and down 11.7% from the prior quarter. For the full fiscal 2025 it was $5.35, up 21.0% from fiscal 2024. Compound annual growth was +8.9% over 5 years and +7.5% over 10 years.

AEE free cash flowQ2 2026-$309.00M

AEE free cash flow was -$309.00M in fiscal Q2 2026 (ended Jun 30, 2026), compared with -$204.00M a year earlier. For the full fiscal 2025 it was -$775.00M, compared with -$1.56B in fiscal 2024.

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Income statement

Income statement
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
FY2017
Dec 31, 2017
FY2016
Dec 31, 2016
Revenue$8.80B$7.62B$7.50B$7.96B$6.39B$5.79B$5.91B$6.29B$6.17B$6.08B
Operating income$2.03B$1.52B$1.56B$1.51B$1.33B$1.30B$1.27B$1.36B$1.41B$1.32B
Interest expense$776.00M$663.00M$566.00M$486.00M$383.00M$419.00M$381.00M$401.00M$391.00M$382.00M
Pre-tax income$1.60B$1.27B$1.34B$1.25B$1.15B$1.03B$1.02B$1.06B$1.10B$1.04B
Income tax$136.00M$83.00M$183.00M$176.00M$157.00M$155.00M$182.00M$237.00M$576.00M$382.00M
Net income$1.46B$1.18B$1.15B$1.07B$990.00M$871.00M$828.00M$815.00M$523.00M$653.00M
EPS, basic$5.38$4.43$4.39$4.16$3.86$3.53$3.37$3.34$2.16$2.69
EPS, diluted$5.35$4.42$4.38$4.14$3.84$3.50$3.35$3.32$2.14$2.68
Diluted shares272.2M267.4M263.4M259.5M257.6M248.7M247.1M245.8M244.2M243.4M

Balance sheet

Balance sheet
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
FY2017
Dec 31, 2017
FY2016
Dec 31, 2016
Cash and equivalents$13.00M$328.00M$272.00M$216.00M$155.00M$301.00M$176.00M$107.00M$68.00M$52.00M
Receivables$665.00M$525.00M$494.00M$600.00M$434.00M$415.00M$393.00M$463.00M$445.00M$437.00M
Inventory$774.00M$762.00M$733.00M$667.00M$592.00M$521.00M$494.00M$483.00M$522.00M$527.00M
Current assets$2.57B$2.26B$2.18B$2.67B$1.97B$1.65B$1.43B$1.53B$1.61B$1.59B
Goodwill$411.00M$411.00M$411.00M$411.00M$411.00M$411.00M$411.00M$411.00M$411.00M$411.00M
Total assets$48.48B$44.60B$40.83B$37.90B$35.73B$32.03B$28.93B$27.21B$25.95B$24.70B
Current liabilities$3.91B$3.41B$3.35B$3.37B$2.83B$2.18B$2.50B$2.69B$2.94B$2.67B
Short-term debt$973.00M$317.00M$849.00M$340.00M$505.00M$8.00M$442.00M$580.00M$841.00M$681.00M
Long-term debt$18.21B$17.26B$15.12B$13.69B$12.56B$11.08B$8.91B$7.86B$7.09B$6.59B
Total debt$19.19B$17.58B$15.97B$14.03B$13.07B$11.09B$9.36B$8.44B$7.93B$7.28B
Total liabilities$34.95B$32.35B$29.35B$27.27B$25.91B$22.95B$20.73B$19.44B$18.62B$17.45B
Shareholders' equity$13.40B$12.11B$11.48B$10.64B$9.83B$9.08B$8.20B$7.77B$7.33B$7.25B

Cash flow

Cash flow
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
FY2017
Dec 31, 2017
FY2016
Dec 31, 2016
Operating cash flow$3.35B$2.76B$2.56B$2.26B$1.66B$1.73B$2.17B$2.17B$2.12B$2.12B
Capital expenditures$4.13B$4.32B$3.60B$3.35B$3.48B$3.23B$2.41B$2.29B$2.13B$2.08B
Free cash flow-$775.00M-$1.56B-$1.03B-$1.09B-$1.82B-$1.51B-$241.00M-$116.00M-$14.00M$41.00M
Investing cash flow-$4.14B-$4.46B-$3.80B-$3.37B-$3.53B-$3.33B-$2.44B-$2.34B-$2.20B-$2.16B
Financing cash flow$884.00M$1.75B$1.29B$1.17B$1.72B$1.73B$334.00M$205.00M$102.00M-$258.00M
Dividends paid$768.00M$714.00M$662.00M$610.00M$565.00M$494.00M$472.00M$451.00M$431.00M$416.00M
Share repurchases------$0$0$24.00M$51.00M
Stock-based compensation$28.00M$28.00M$26.00M$24.00M$22.00M$21.00M$20.00M$20.00M$17.00M$17.00M
Depreciation and amortization$1.61B$1.52B$1.43B$1.37B$1.22B$1.15B$1.00B$938.00M$876.00M$835.00M

Key ratios

Key ratios
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
FY2017
Dec 31, 2017
FY2016
Dec 31, 2016
Revenue growth, YoY15.4%1.6%-5.7%24.4%10.4%-2.0%-6.1%1.9%1.6%-0.4%
Net income growth, YoY23.2%2.6%7.3%8.5%13.7%5.2%1.6%55.8%-19.9%3.7%
EPS growth, YoY21.0%0.9%5.8%7.8%9.7%4.5%0.9%55.1%-20.1%3.5%
Operating margin23.0%19.9%20.8%19.0%20.8%22.4%21.4%21.6%22.8%21.8%
Net margin16.5%15.5%15.4%13.5%15.5%15.0%14.0%13.0%8.5%10.7%
Free cash flow margin-8.8%-20.4%-13.8%-13.7%-28.4%-26.0%-4.1%-1.8%-0.2%0.7%
Return on equity10.9%9.8%10.0%10.1%10.1%9.6%10.1%10.5%7.1%9.0%
Return on assets3.0%2.7%2.8%2.8%2.8%2.7%2.9%3.0%2.0%2.6%
Current ratio0.660.660.650.790.700.760.570.570.550.60
Debt to equity1.431.451.391.321.331.221.141.091.081.00

Source: XBRL data Ameren Corporation files with the SEC, latest filing dated Aug 3, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

AEE peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
AEE$8.75B+3.8%$1.56B17.9%$31.23B
DUK$33.17B+7.2%$5.14B15.5%$101.42B
XEL$14.87B+4.5%$2.67B17.9%$51.59B
EXC$24.79B+4.6%$2.78B11.2%$48.15B
ED$18.23B+8.7%$2.29B12.6%$44.91B
WEC$10.32B+8.1%$1.81B17.5%$38.93B
PEG$13.03B+15.3%$2.01B15.4%$36.44B
PCG$25.84B+5.7%$3.08B11.9%$35.46B
CMS$8.81B+9.9%$1.03B11.6%$22.17B

AEE FAQ

8 questions
  • What is AEE revenue?
    Ameren Corporation (AEE) reported $8.75B of revenue for the twelve months ended Jun 30, 2026. That is up 3.8% from the year before. Revenue for fiscal 2025 was $8.80B.
  • Is AEE profitable?
    Yes. Ameren Corporation earned $1.56B in net income for the twelve months ended Jun 30, 2026, a net margin of 17.9%.
  • How much cash and debt does AEE have?
    Ameren Corporation reported $12.00M in cash and cash equivalents and $20.59B of debt on its most recent balance sheet in SEC filings.
  • How fast is AEE revenue growing?
    Ameren Corporation's revenue changed +15.4% in fiscal 2025, to $8.80B. Its compound annual growth rate was +8.7% over 5 years and +3.7% over 10 years.
  • What is AEE free cash flow?
    Ameren Corporation generated -$1.40B of free cash flow for the twelve months ended Jun 30, 2026, which is operating cash flow of $3.25B less capital expenditures.
  • What is AEE earnings per share?
    Diluted earnings per share were $5.68 for the twelve months ended Jun 30, 2026, from SEC filings, restated for any stock split those filings show.
  • When did AEE last report financial results?
    The latest statements here come from Ameren Corporation's 10-Q filed on Aug 3, 2026, covering the period ended Jun 30, 2026.
  • Where does this AEE financial data come from?
    Quantisnow builds these statements from the structured XBRL data Ameren Corporation files with the SEC. It is provided for information only and is not investment advice.