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AmerenAEE

Multi-Utilities · St. Louis, Missouri · In the S&P 500
Solid businessPricier than peers
$110.54+0.30%After hours: $110.54 (0.00%)At the close, 30 Oct · Prices from CNBC, may be delayed
▲ 8.1% over 1 year
Ameren over 1 yearDaily close, $, to 30 Oct 2026
$100Nov2026MarMayJulSep$110.54$100NovMarJul$110.54
Source: Nasdaq daily closes
Market value$30.60B
Price to earnings19.5x
Forward P/E19.9x
Dividend yield2.71%
Year to date+10.7%
One year+8.1%
Next earningsThu 5 Nov, after the close
SectorUtilities
52-week range (closes)
$97.25$118.32

Quality and valuation

How Ameren compares with other utilities stocks. A description, not a recommendation.

Ameren and 7 multi-utilities peers. Across: valuation (P/E) against the sector. Up: business quality against the sector. Hover or tap a logo for its numbers.

Business quality: about averageValuation: pricier than most

An average business among utilities companies, priced above most of them.

Ameren trades at 19.9 times the next 12 months of expected earnings, against a median of 18.6x for the 33 utilities stocks we cover. The quality score blends where it ranks on revenue growth, gross margin, operating margin and free-cash-flow margin (net margin for banks and insurers) over the last 12 months, from SEC filings.

  • Revenue grew slower than the sector median: +3.8% vs +8.3%
  • More profitable (operating margin): 24.9% vs 23.0%
  • Turns less of its sales into cash: −16.0% vs −14.5%
AEE trades at 19.9x forward earnings, above the sector medianForward p/e, Multi-Utilities peers
PCG7.8xSRE16.6xDTE16.7xD17.5xED18.4xXEL18.7xAEE19.9xNEE20.8xSector median 18.6xPCG7.8xSRE16.6xDTE16.7xD17.5xED18.4xXEL18.7xAEE19.9xNEE20.8xSector median 18.6x
Source: CNBC quotes; Mostly Markets
At 19.5x earnings, AEE is cheaper than its average since Aug 2024Price over the last 12 months of reported (GAAP) diluted EPS
P/EUsual range (±1 s.d.)
18x20x22xAverage 20.6x2025202619.5x18x20x22xAverage 20.6x2025202619.5x
Source: Nasdaq prices; SEC filings

Financials

From Ameren's SEC filings, through the quarter ending 30 Jun 2026. Hover or tap a bar for its value.

Revenue fell 5.8% from a year earlierQuarterly revenue, $bn, latest Q2 ’26
$0bn$1bn$2bnQ3 ’24Q1 ’25Q3 ’25$2.1bnQ2 ’26$0bn$1bn$2bnQ3 ’24Q1 ’25Q3 ’25$2.1bnQ2 ’26
Source: SEC filings
Growth slowed to −5.8% last quarterRevenue growth, year on year, %
0%10%20%30%Q3 ’24Q1 ’25Q3 ’25−5.8%Q2 ’260%20%Q3 ’24Q1 ’25Q3 ’25−5.8%Q2 ’26
Source: SEC filings
Operating margin was 21.9% last quarterOperating income as a share of revenue, %
0%10%20%30%Q3 ’24Q1 ’25Q3 ’2521.9%Q2 ’260%20%Q3 ’24Q1 ’25Q3 ’2521.9%Q2 ’26
Source: SEC filings
Free cash flow was −$1.4 billion over 12 monthsQuarterly free cash flow (operating cash flow minus capex), $bn
−$1.0bn−$0.5bn$0.0bnQ3 ’24Q1 ’25Q3 ’25−$0.3bnQ2 ’26−$1.0bn−$0.5bn$0.0bnQ3 ’24Q1 ’25Q3 ’25−$0.3bnQ2 ’26
Source: SEC filings
Last 12 monthsAEESector median
Revenue growth+3.8%+8.3%
Operating margin24.9%23.0%
Free cash flow margin−16.0%−14.5%
Price to earnings19.5x21.1x

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CompanyPriceTodayYTDValue
NEENextEra Energy$83.71+1.91%+4.3%$176B
DDominion Energy$66.62+2.30%+13.7%$58.59B
SRESempra$86.06+0.20%−2.5%$56.27B
XELXcel Energy$79.82+0.99%+8.1%$49.86B
EDConsolidated Edison$116.64+1.00%+17.4%$43.14B
PCGPG&E$13.18−0.38%−18.0%$29.03B
DTEDTE Energy$135.49+0.72%+5.0%$28.19B
CNPCenterPoint Energy$42.44+0.54%+10.7%$28.13B