Ameren Corporation logo AEE - Ameren Corporation

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY 0
BUY 11
HOLD 11
SELL 1
STRONG
SELL 0
| PRICE TARGET: $121.00 DETAILS
HIGH: $131.00
LOW: $115.00
MEDIAN: $120.00
CONSENSUS: $121.00
UPSIDE: 7.14%
Annual Quarterly
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997
Revenue
Revenue 8,799 7,623 7,500 7,957 6,394 5,794 5,910 6,291 6,174 6,076 6,098 6,053 5,838 5,781 7,531 7,638 7,135 7,869 7,546 6,880 6,780 5,160 4,593 3,841 4,505.9 3,855.8 3,523.6 3,318.2 3,326.6
Cost of Revenue 6,196 3,970 4,033 4,614 3,403 2,936 3,167 3,496 3,391 3,442 3,501 3,586 3,490 3,477 3,950 4,919 2,799 3,542 3,454 3,099 3,012 1,851 1,493 825 914 1,234.7 1,104.7 872 965.9
Gross Profit 2,603 3,653 3,467 3,343 2,991 2,858 2,743 2,795 2,783 2,634 2,597 2,467 2,348 2,304 2,198 2,719 4,336 4,327 4,092 3,781 3,768 3,284 3,081 3,016 2,944 2,621.2 2,418.9 2,446.2 2,360.7
Operating Expenses
R&D Expenses 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
SG&A Expenses 0 0 (295) (184) (136) 0 (90) (70) (44) (56) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Expenses 577 2,137 2,204 2,012 1,794 1,558 1,566 1,508 1,417 1,368 1,338 1,213 1,164 1,116 1,165 1,803 2,920 2,965 2,750 2,608 2,484 2,206 1,991 2,143 1,979 1,679.7 1,597.5 1,607.3 1,544.2
Operating Expenses 577 2,137 1,909 1,828 1,658 1,558 1,476 1,438 1,373 1,312 1,338 1,213 1,164 1,116 1,165 1,803 2,920 2,965 2,750 2,608 2,484 2,206 1,991 2,143 1,979 1,679.7 1,597.5 1,607.3 1,544.2
Operating Income
Operating Income 2,026 1,516 1,558 1,515 1,333 1,300 1,267 1,357 1,410 1,322 1,259 1,254 1,184 1,188 1,033 916 1,416 1,362 1,342 1,173 1,284 1,078 1,090 873 965 941.5 821.4 838.9 816.4
Interest Expense 776 663 566 486 383 419 381 401 391 382 355 341 398 392 387 497 508 440 0 350 317 0 288 0 0 179.7 0 0 0
Interest Income 41 41 33 35 27 29 33 33 34 40 41 37 30 32 31 33 0 0 0 0 0 0 0 0 0 0 0 0 0
Profitability
EBITDA 4,041 3,538 3,406 3,179 2,812 2,604 2,478 2,492 2,448 2,346 2,177 2,102 1,964 1,937 1,741 1,773 2,212 2,116 2,133 1,834 1,983 1,679 1,652 1,342 1,387 1,323.6 1,197.8 1,214.2 3,326.5
EBIT 2,373 1,933 1,906 1,741 1,535 1,451 1,397 1,459 1,496 1,423 1,303 1,311 1,227 1,221 1,078 973 1,464 1,411 1,342 1,173 1,284 1,078 1,090 873 965 941.5 821.4 838.9 3,326.5
Income Before Tax 1,597 1,270 1,340 1,255 1,152 1,032 1,016 1,058 1,105 1,041 948 970 829 829 691 476 956 971 948 831 984 812 807 619 781 758.3 644 654.2 620.7
Income Tax Expense 136 83 183 176 157 155 182 237 576 382 363 377 311 307 254 325 332 327 330 284 356 282 301 237 305 301.2 258.9 267.7 234.2
Net Income 1,456 1,182 1,152 1,074 990 871 828 815 523 653 630 586 289 (974) 519 139 612 605 618 547 606 530 524 382 469 457.1 385.1 386.5 334.7
Per Share Data
EPS (Basic) 5.38 4.43 4.38 4.16 3.86 3.53 3.37 3.34 2.16 2.69 2.60 2.42 1.19 -4.01 2.15 0.58 2.78 2.88 2.98 2.66 3.02 2.84 3.25 2.61 3.41 3.33 2.81 2.82 2.44
EPS (Diluted) 5.35 4.42 4.38 4.14 3.84 3.50 3.35 3.32 2.14 2.68 2.59 2.40 1.18 -4.01 2.15 0.58 2.78 2.88 2.98 2.66 3.02 2.84 3.25 2.61 3.40 3.33 2.81 2.82 2.44
Shares Outstanding 270.5 266.8 262.8 258.4 256.3 247 245.6 243.8 242.6 242.6 242.6 242.6 242.6 242.6 241.5 238.8 220.4 210.1 207.4 205.6 200.8 186.6 161.2 146.4 137.3 137.3 137.2 137.2 137.2
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997
Current Assets
Cash & Cash Equivalents 13 7 25 10 8 139 16 16 10 9 292 5 30 184 255 545 622 92 355 137 96 69 111 628 67 126.0 194.9 76.9 9.7
Short-Term Investments 0 0 0 240 8 0 0 0 0 0 0 0 0 (37) 0 0 0 0 0 0 0 0 0 0 0.1 0 0.0 0 0
Net Receivables 1,187 967 919 1,100 820 749 734 837 838 795 725 769 904 818 866 1,133 1,109 1,221 1,209 887 965 816 547 442 460 531.0 391.1 425.6 419
Inventory 774 762 733 667 592 521 494 483 522 527 538 524 526 704 712 707 782 842 735 647 572 497 487 299 295.1 227.1 253.2 245.8 227.6
Other Current Assets 597 528 491 651 532 244 187 197 242 262 362 396 512 2,126 462 505 329 416 181 203 185 90 172 83 40.9 37.2 39.8 22.9 54.9
Total Current Assets 2,571 2,264 2,181 2,668 1,968 1,653 1,431 1,533 1,612 1,593 1,917 1,694 1,972 2,369 2,295 2,894 2,842 2,515 2,480 1,874 1,818 1,472 1,317 1,452 863.5 921.2 879 771.2 711.2
Non-Current Assets
Property, Plant & Equipment 39,313 36,304 33,776 31,262 29,261 26,807 24,376 22,810 21,466 20,113 18,799 17,424 16,205 15,348 18,127 17,853 17,610 16,567 15,069 14,286 13,572 13,297 10,917 8,914 8,426.6 7,705.7 7,165.2 6,928 6,987.1
Goodwill 411 411 411 411 411 411 411 411 411 411 411 411 411 411 411 411 831 831 831 830 965 940 547 0 0 0 0 0 0
Intangible Assets 0 0 0 0 0 0 0 0 0 0 0 0 22 16 7 7 129 167 815 217 0 0 0 0 0 0 0 0 0
Long-Term Investments 1,526 1,342 1,150 958 1,159 982 847 1,445 1,380 607 556 549 497 445 357 382 293 239 649 13 50 429 0 0 0 0 0 0 0
Other Non-Current Assets 4,655 3,901 3,312 906 2,936 2,177 1,868 (103) 55 1,975 1,957 2,211 1,912 2,331 2,390 1,968 2,085 2,338 1,353 214 1,500 977 1,425 1,133 1,110.5 1,087.6 1,133.4 1,148.2 1,129.2
Total Non-Current Assets 45,905 42,334 38,649 35,236 33,767 30,377 27,502 25,682 24,333 23,106 21,723 20,595 19,070 18,634 21,350 20,621 20,948 20,142 18,248 17,704 16,344 15,978 12,916 10,047 9,537.1 8,793.2 8,298.6 8,076.2 8,116.3
Total Assets 48,476 44,598 40,830 37,904 35,735 32,030 28,933 27,215 25,945 24,699 23,640 22,289 21,042 21,835 23,645 23,515 23,790 22,657 20,728 19,578 18,162 17,450 14,233 11,499 10,400.6 9,714.4 9,177.6 8,847.4 8,827.5
Current Liabilities
Account Payables 1,254 1,059 1,136 1,159 1,095 958 874 817 902 805 777 711 806 533 693 651 694 813 687 671 706 567 480 369 392 462.9 341.3 297.2 293.4
Short-Term Debt 1,616 1,460 1,385 1,410 1,050 498 882 1,177 1,325 1,239 696 834 902 355 327 424 224 1,554 1,693 1,068 289 840 659 610 780 247.7 209.0 260.2 138.5
Deferred Revenue 0 223 0 0 0 0 0 0 108 107 100 0 105 85 98 100 101 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Liabilities 1,037 671 822 797 679 610 655 638 448 384 383 614 562 476 501 543 528 535 0 0 0 12 0 0 0 0 0 0 0
Total Current Liabilities 3,907 3,413 3,345 3,366 2,826 2,180 2,505 2,687 2,940 2,674 2,093 2,249 2,461 1,698 1,785 1,888 1,711 3,063 2,902 2,202 1,487 1,807 1,457 1,201 1,581 1,186.0 1,077.2 954.7 747
Non-Current Liabilities
Long-Term Debt 18,214 17,262 15,121 13,685 12,562 11,078 8,915 7,859 7,094 6,595 6,880 6,085 5,504 6,327 6,677 7,004 7,629 6,554 5,691 5,285 5,354 5,021 4,070 3,433 2,835 2,745.1 2,448.4 2,289.4 2,506.1
Deferred Tax Liabilities 5,181 4,474 4,176 3,804 3,499 3,211 2,919 2,666 2,555 4,319 3,945 3,635 3,229 3,256 3,394 2,976 2,648 2,231 2,155 2,262 2,098 2,053 2,004 1,856 1,720.9 1,704.7 1,664.4 1,700.2 1,747.3
Other Non-Current Liabilities 7,644 7,206 6,710 6,412 7,019 6,481 6,393 6,230 6,030 3,866 3,634 3,465 3,162 3,194 1,502 2,099 3,742 3,630 3,033 3,246 2,647 2,442 2,145 (5,289) (4,555.9) 647.3 (4,112.8) (3,989.6) (4,253.4)
Total Non-Current Liabilities 31,039 28,942 26,007 23,901 23,080 20,770 18,227 16,755 15,679 14,780 14,459 13,185 11,895 12,777 13,792 13,739 14,019 12,415 10,879 10,793 10,099 9,612 8,219 0 0 5,097 0 0 4,253.4
Total Liabilities 34,946 32,355 29,352 27,267 25,906 22,950 20,732 19,442 18,619 17,454 16,552 15,434 14,356 15,068 15,577 15,627 15,642 15,492 13,954 12,979 11,781 11,425 9,678 8,101 6,813 6,278.6 5,848.7 5,552.6 5,569.8
Stockholders' Equity
Common Stock 3 3 3 3 3 3 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 1 1.4 1.4 1.4 1.4
Retained Earnings 5,292 4,604 4,136 3,646 3,182 2,757 2,380 2,024 1,660 1,568 1,331 1,103 907 1,006 2,369 2,225 2,455 2,181 2,110 2,024 1,999 1,904 1,853 1,739 1,734 1,614.0 1,505.8 1,472.2 1,434.7
Accumulated Other Comprehensive Income 0 (6) (6) (1) 13 (1) (17) (22) (18) (23) (3) (9) 3 (8) (50) (17) (16) 0 36 62 (36) 17 (53) (102) (0.4) (6,204.4) (5,891.3) (5,602.8) (5,285.4)
Total Stockholders' Equity 13,401 12,114 11,349 10,508 9,700 8,938 8,059 7,631 7,184 7,103 6,946 6,713 6,544 6,616 7,919 7,730 7,853 7,158 6,947 6,583 6,364 5,995 4,536 4,035 3,584.0 3,431.9 3,324.9 3,291.3 3,254.2
Total Liabilities & Equity 48,476 44,598 40,830 37,904 35,735 32,030 28,933 27,215 25,945 24,699 23,640 22,289 21,042 21,835 23,645 23,511 23,702 22,657 20,728 19,578 18,162 17,434 14,233 11,499 10,400.6 9,714.4 9,177.6 8,847.4 8,827.5
Debt Metrics
Total Debt 19,830 18,722 16,506 15,095 13,612 11,576 9,797 9,036 8,419 7,834 7,576 6,919 6,406 6,981 7,004 7,737 8,165 8,108 7,384 6,353 5,643 5,861 4,729 4,043 3,615 2,992.8 2,657.5 2,549.6 2,644.6
Net Debt 19,817 18,715 16,481 15,085 13,604 11,437 9,781 9,020 8,409 7,825 7,284 6,914 6,376 6,772 6,749 7,192 7,543 8,016 7,029 6,216 5,547 5,792 4,618 3,415 3,548 2,866.8 2,462.6 2,472.7 2,634.9
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997
Operating Activities
Net Income 1,456 1,187 1,157 1,079 995 877 834 821 529 659 585 593 518 522 437 151 624 644 618 547 606 530 524 382 469 457.1 385.1 386.5 386.5
Depreciation & Amortization 1,668 1,605 1,500 1,438 1,277 1,153 1,081 1,033 952 923 874 791 737 716 663 800 748 705 0 0 0 0 0 0 0 0 0 0 0
Stock-Based Compensation 28 28 26 24 22 21 20 20 17 17 24 25 27 29 17 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Change in Working Capital (51) (214) (326) (494) (788) (484) 91 44 93 133 132 (253) (66) 41 48 (94) 160 (46) (307) (9) (91) (333) 16 (172) (160) 10.2 201 89.6 (20.2)
Other Non-Cash Items (1) 30 (22) 46 (1) 12 (23) 28 (12) (1) 47 (42) 67 125 451 556 43 54 819 650 677 593 470 549 401 386.6 354.1 351.9 345.6
Operating Cash Flow 3,353 2,763 2,564 2,263 1,661 1,727 2,170 2,170 2,118 2,117 2,031 1,565 1,693 1,690 1,878 1,823 1,977 1,524 1,102 1,279 1,251 1,129 1,022 833 738 855.6 917.6 803.2 687.4
Investing Activities
Capital Expenditure (4,174) (4,410) (3,771) (3,380) (3,523) (3,299) (2,442) (2,338) (2,195) (2,131) (1,969) (1,859) (1,424) (1,154) (943) (1,110) (1,784) (2,069) (1,449) (1,031) (952) (806) (682) (815) (1,127) (950.3) (592.7) (345.3) (416)
Acquisitions 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (292) 12 (443) (479) 0 0 0 0 0 0
Purchases of Investments (440) (584) (266) (229) (452) (224) (463) (315) (321) (322) (363) (405) (214) (403) (220) (271) (383) (520) 0 (17) 0 0 0 0 0 0 0 0 0
Sales/Maturities of Investments 416 564 240 216 439 183 467 299 305 304 349 391 196 384 199 256 380 497 0 0 0 0 0 0 0 0 0 0 0
Other Investing Activities 53 (26) (1) 23 8 (3,222) (2,408) (2,268) (2,125) (2,085) (1,910) (1,629) (1,660) (1,200) (965) (991) (1,706) (1,901) (19) 74 (21) (17) (20) 12 22 39.8 34.5 22.5 28.8
Investing Cash Flow (4,145) (4,456) (3,798) (3,370) (3,528) (3,329) (2,435) (2,336) (2,204) (2,158) (1,976) (1,717) (1,723) (1,310) (1,048) (1,096) (1,789) (2,097) (1,468) (1,266) (961) (1,266) (1,181) (803) (1,105) (910.4) (558.2) (322.8) (387.2)
Financing Activities
Net Debt Issuance 1,096 2,249 1,662 1,484 2,044 1,791 790 623 590 258 664 547 247 (26) (636) (431) 66 739 1,046 487 (199) (818) (273) 276 623 334.5 107.3 (97.5) 92.8
Stock Repurchased 0 0 0 0 (13) 0 0 0 0 0 0 0 0 0 0 (52) 0 (16) (1) (1) (1) (1) (31) (42) 0 0 0 0 (63.9)
Dividends Paid (768) (714) (662) (610) (565) (494) (472) (451) (431) (416) (402) (390) (388) (382) (375) (368) (338) (534) (548) (522) (511) (479) (410) (376) (349) (348.5) (348.5) (348.5) (331.3)
Other Financing Activities (18) (59) (56) (39) (53) (46) (52) (41) (57) (100) (30) (30) (8) (18) (174) (33) (20) (33) (4) (32) (6) (48) (5) 15 1 0 (0.2) 0 0
Financing Cash Flow 884 1,749 1,290 1,168 1,721 1,727 334 205 102 (258) 232 127 (149) (426) (1,120) (804) 342 310 584 28 (263) 95 (358) 531 308 (14.1) (241.4) (446) (302.4)
Cash Position
Net Change in Cash 92 56 56 61 (146) 125 69 39 16 (299) 287 (25) (179) (46) (290) (77) 530 (263) 218 41 27 (42) (517) 561 (59) (68.9) 118 34.5 (2.2)
Cash at Beginning 328 272 216 155 301 176 107 68 52 351 5 30 209 255 545 622 92 355 137 96 69 111 628 67 126 194.9 76.9 42.4 11.9
Cash at End 420 328 272 216 155 301 176 107 68 52 292 5 30 209 255 545 622 92 355 137 96 69 111 628 67 126.0 194.9 76.9 9.7
Free Cash Flow (821) (1,647) (1,207) (1,117) (1,862) (1,572) (272) (168) (77) (14) 62 (294) 269 536 935 713 193 (545) (347) 248 299 323 340 18 (389) (94.7) 324.9 457.9 271.4
Key Metrics 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997
Income Statement
Revenue 8,799 7,623 7,500 7,957 6,394 5,794 5,910 6,291 6,174 6,076 6,098 6,053 5,838 5,781 7,531 7,638 7,135 7,869 7,546 6,880 6,780 5,160 4,593 3,841 4,505.9 3,855.8 3,523.6 3,318.2 3,326.6
Gross Profit 2,603 3,653 3,467 3,343 2,991 2,858 2,743 2,795 2,783 2,634 2,597 2,467 2,348 2,304 2,198 2,719 4,336 4,327 4,092 3,781 3,768 3,284 3,081 3,016 2,944 2,621.2 2,418.9 2,446.2 2,360.7
Operating Income 2,026 1,516 1,558 1,515 1,333 1,300 1,267 1,357 1,410 1,322 1,259 1,254 1,184 1,188 1,033 916 1,416 1,362 1,342 1,173 1,284 1,078 1,090 873 965 941.5 821.4 838.9 816.4
Net Income 1,456 1,182 1,152 1,074 990 871 828 815 523 653 630 586 289 (974) 519 139 612 605 618 547 606 530 524 382 469 457.1 385.1 386.5 334.7
EPS (Diluted) 5.35 4.42 4.38 4.14 3.84 3.50 3.35 3.32 2.14 2.68 2.59 2.40 1.18 -4.01 2.15 0.58 2.78 2.88 2.98 2.66 3.02 2.84 3.25 2.61 3.40 3.33 2.81 2.82 2.44
Balance Sheet
Cash & Equivalents 13 7 25 10 8 139 16 16 10 9 292 5 30 184 255 545 622 92 355 137 96 69 111 628 67 126.0 194.9 76.9 9.7
Total Assets 48,476 44,598 40,830 37,904 35,735 32,030 28,933 27,215 25,945 24,699 23,640 22,289 21,042 21,835 23,645 23,515 23,790 22,657 20,728 19,578 18,162 17,450 14,233 11,499 10,400.6 9,714.4 9,177.6 8,847.4 8,827.5
Total Debt 19,830 18,722 16,506 15,095 13,612 11,576 9,797 9,036 8,419 7,834 7,576 6,919 6,406 6,981 7,004 7,737 8,165 8,108 7,384 6,353 5,643 5,861 4,729 4,043 3,615 2,992.8 2,657.5 2,549.6 2,644.6
Stockholders' Equity 13,401 12,114 11,349 10,508 9,700 8,938 8,059 7,631 7,184 7,103 6,946 6,713 6,544 6,616 7,919 7,730 7,853 7,158 6,947 6,583 6,364 5,995 4,536 4,035 3,584.0 3,431.9 3,324.9 3,291.3 3,254.2
Cash Flow
Operating Cash Flow 3,353 2,763 2,564 2,263 1,661 1,727 2,170 2,170 2,118 2,117 2,031 1,565 1,693 1,690 1,878 1,823 1,977 1,524 1,102 1,279 1,251 1,129 1,022 833 738 855.6 917.6 803.2 687.4
Capital Expenditure (4,174) (4,410) (3,771) (3,380) (3,523) (3,299) (2,442) (2,338) (2,195) (2,131) (1,969) (1,859) (1,424) (1,154) (943) (1,110) (1,784) (2,069) (1,449) (1,031) (952) (806) (682) (815) (1,127) (950.3) (592.7) (345.3) (416)
Free Cash Flow (821) (1,647) (1,207) (1,117) (1,862) (1,572) (272) (168) (77) (14) 62 (294) 269 536 935 713 193 (545) (347) 248 299 323 340 18 (389) (94.7) 324.9 457.9 271.4