NYSE · Financial Statements

Ameren Corporation (AEE) Financial Statements

$108.04 NYSE: AEE Market Cap $29.91B

Ameren Corporation most recently reported annual revenue of $8.8B, net profit of $1.5B. Revenue grew at an average annual rate of 8.7% over the last 5 fiscal years. See the full income statement, balance sheet, and cash flow statement below, plus valuation and return ratios.

Ameren Corporation: Revenue rose from $6.1B in 2016 to $8.8B in 2025, a change of +44.8% over 9 years; net profit was positive in all 10 reported years; operating margin moved from 21.8% to 23.0%, a shift of +1.3 percentage points; the most recent year shows net profit of $1.5B.

Income Statement — 10 Years (USD millions)

Metric2016201720182019202020212022202320242025
Revenue$6.1B$6.2B$6.3B$5.9B$5.8B$6.4B$8.0B$7.5B$7.6B$8.8B
Operating Expenses$4.8B$4.8B$4.9B$4.6B$4.5B$5.1B$6.4B$5.9B$6.1B$6.8B
Operating Profit$1.3B$1.4B$1.4B$1.3B$1.3B$1.3B$1.5B$1.6B$1.5B$2.0B
Operating Margin21.8%22.8%21.6%21.4%22.4%20.9%19.0%20.8%19.9%23.0%
Other Income$-281.0M$-305.0M$-299.0M$-251.0M$-268.0M$-181.0M$-260.0M$-218.0M$-246.0M$-429.0M
Interest$382.0M$391.0M$401.0M$381.0M$419.0M$383.0M$486.0M$566.0M$663.0M$776.0M
Depreciation$923.0M$952.0M$1.0B$1.1B$1.2B$1.3B$1.4B$1.5B$1.6B$1.7B
Profit Before Tax$1.0B$1.1B$1.1B$1.0B$1.0B$1.2B$1.3B$1.3B$1.3B$1.6B
Tax$36.7M$52.1M$22.4M$17.9M$15.0M$13.6M$14.0M$13.7M$6.5M$8.5M
Net Profit$653.0M$523.0M$815.0M$828.0M$871.0M$990.0M$1.1B$1.2B$1.2B$1.5B
EPS$2.68$2.14$3.32$3.35$3.50$3.84$4.14$4.38$4.42$5.35
Dividend Payout0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%

Quarterly Results — Last 12 Quarters (USD millions)

8 duplicate period labels in the source data were collapsed.

MetricSep '23Dec '23Mar '24Jun '24Sep '24Dec '24Mar '25Jun '25Sep '25Dec '25Mar '26Jun '26
Revenue$2.1B$1.6B$1.8B$1.7B$2.2B$1.9B$2.1B$2.2B$2.7B$1.8B$2.2B$2.1B
Operating Expenses$1.4B$1.4B$1.4B$1.3B$1.6B$1.7B$1.7B$1.8B$1.9B$1.4B$1.6B$1.6B
Operating Profit$614.0M$264.0M$371.0M$361.0M$586.0M$198.0M$430.0M$411.0M$825.0M$360.0M$532.0M$459.0M
Operating Margin29.8%16.3%20.4%21.3%27.0%10.2%20.5%18.5%30.6%20.2%24.4%21.9%
Interest$152.0M$153.0M$154.0M$165.0M$173.0M$171.0M$175.0M$187.0M$208.0M$206.0M$204.0M$209.0M
Profit Before Tax$563.0M$198.0M$306.0M$299.0M$514.0M$151.0M$340.0M$320.0M$693.0M$244.0M$418.0M$368.0M
Tax$12.3M$19.7M$14.4M$13.0M$11.1M$-37.8M$14.7M$13.4M$7.5M$-3.7M$14.6M$14.1M
Net Profit$493.0M$158.0M$261.0M$258.0M$456.0M$207.0M$289.0M$275.0M$640.0M$252.0M$357.0M$314.0M
EPS$1.88$0.60$0.98$0.97$1.70$0.77$1.07$1.01$2.35$0.92$1.28$1.13

Over the 10 years reported for Ameren Corporation, borrowings increased from $7.8B in 2016 to $19.8B in 2025, cash stood at $13.0M in the latest year, shareholders' equity was $3.0M, current assets covered current liabilities 0.66 times.

Balance Sheet — 10 Years (USD millions)

Metric2016201720182019202020212022202320242025
Total Assets$24.7B$25.9B$27.2B$28.9B$32.0B$35.7B$37.9B$40.8B$44.6B$48.5B
Current Assets$1.6B$1.6B$1.5B$1.4B$1.7B$2.0B$2.7B$2.2B$2.3B$2.6B
Cash$9.0M$10.0M$16.0M$16.0M$139.0M$8.0M$10.0M$25.0M$7.0M$13.0M
Inventory$527.0M$522.0M$483.0M$494.0M$521.0M$592.0M$667.0M$733.0M$762.0M$774.0M
Receivables$795.0M$838.0M$837.0M$734.0M$749.0M$820.0M$1.1B$919.0M$967.0M$1.2B
Fixed Assets$20.1B$21.5B$22.8B$24.4B$26.8B$29.3B$31.3B$33.8B$36.3B$39.3B
Capital Work in Progress$0$0$0$0$0$0$0$0$0$0
Investments$607.0M$1.4B$1.4B$847.0M$982.0M$1.2B$1.2B$1.1B$1.3B$1.5B
Other Assets$411.0M$411.0M$411.0M$411.0M$411.0M$411.0M$411.0M$411.0M$411.0M$411.0M
Total Liabilities$17.5B$18.6B$19.4B$20.7B$22.9B$25.9B$27.3B$29.4B$32.4B$34.9B
Current Liabilities$2.7B$2.9B$2.7B$2.5B$2.2B$2.8B$3.4B$3.3B$3.4B$3.9B
Borrowings$7.8B$8.4B$9.0B$9.8B$11.6B$13.6B$15.1B$16.5B$18.7B$19.8B
Other Liabilities$9.6B$10.2B$10.4B$10.9B$11.4B$12.3B$12.2B$12.8B$13.6B$15.1B
Equity$2.0M$2.0M$2.0M$2.0M$3.0M$3.0M$3.0M$3.0M$3.0M$3.0M
Reserves$7.1B$7.2B$7.6B$8.1B$8.9B$9.7B$10.5B$11.3B$12.1B$13.4B

For Ameren Corporation, operating cash flow was positive in 10 of 10 reported years; free cash flow in the latest year was negative at $821.0M; free cash flow was positive in 0 of 10 years; financing activities used $18.0M in the latest year, which covers debt repayment, dividends and buybacks.

Cash Flow Statement — 10 Years (USD millions)

Metric2016201720182019202020212022202320242025
Operating Cash Flow$2.1B$2.1B$2.2B$2.2B$1.7B$1.7B$2.3B$2.6B$2.8B$3.4B
Investing Cash Flow$-4.3B$-4.4B$-4.7B$-4.9B$-6.6B$-7.1B$-6.8B$-7.6B$-8.9B$-8.3B
Financing Cash Flow$-100.0M$-57.0M$-41.0M$-52.0M$-46.0M$-66.0M$-39.0M$-56.0M$-59.0M$-18.0M
Net Cash Flow$-299.0M$16.0M$39.0M$69.0M$125.0M$-146.0M$61.0M$56.0M$56.0M$92.0M
Free Cash Flow$-14.0M$-77.0M$-168.0M$-272.0M$-1.6B$-1.9B$-1.1B$-1.2B$-1.6B$-821.0M

Valuation & Return Ratios

MetricValue
PEG Ratio0.69
EV / EBITDA11.82
FCF Yield-5.09%
Quick Ratio0.37
Interest Coverage2.63
Return 1Y6.21%
Return 3Y54.66%
Return 5Y42.89%

Ameren Corporation (AEE) financials — frequently asked questions

What is Ameren Corporation's annual revenue?

Ameren Corporation (AEE) reported annual revenue of $8.8B in its most recent fiscal year.

What is Ameren Corporation's net profit?

Ameren Corporation (AEE) reported net profit of $1.5B in its most recent fiscal year.

What is AEE EV/EBITDA?

Ameren Corporation's enterprise value to EBITDA (EV/EBITDA) ratio is 11.82.

Popular Stocks

Apple (AAPL)Microsoft (MSFT)NVIDIA (NVDA)Alphabet (GOOGL)Amazon (AMZN)Meta (META)Tesla (TSLA)Broadcom (AVGO)Eli Lilly (LLY)JPMorgan (JPM)

Related stock screens

High ROE Utilities StocksLow P/E Utilities StocksHigh Net Margin Utilities StocksDividend Utilities StocksLow Debt Utilities StocksHigh ROE StocksLow P/E StocksHigh Net Margin StocksDividend StocksLow Debt StocksNYSE High ROE StocksAll stock screens
AEE Overview AEE Dividend Run Stock Screener

Data for information only, not investment advice. Figures may be delayed or inaccurate; verify against company filings. See our disclaimer.