Ameren (AEE) financials
Ameren revenue and earnings by year
Ameren's revenue was $8.80 billion in the fiscal year to December 31, 2025, up 15.4% from the year before. Net income was $1.46 billion, 16.5% of revenue. Since the fiscal year to December 31, 2016, revenue has grown 4.2% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 10 fiscal years
| Fiscal year to | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 8.80 | 7.62 | 7.50 | 7.96 | 6.39 | 5.79 | 5.91 | 6.29 | 6.17 | 6.08 |
| Revenue growth | 15.4% | 1.6% | -5.7% | 24.4% | 10.4% | -2.0% | -6.1% | 1.9% | 1.6% | — |
| Gross profit | 3.59 | 3.11 | 2.95 | 2.80 | 2.48 | 2.38 | 2.26 | 2.31 | 2.31 | 2.17 |
| Gross margin | 40.8% | 40.7% | 39.3% | 35.2% | 38.8% | 41.0% | 38.3% | 36.8% | 37.4% | 35.7% |
| Operating income | 2.03 | 1.52 | 1.56 | 1.52 | 1.33 | 1.30 | 1.27 | 1.36 | 1.41 | 1.32 |
| Operating margin | 23.0% | 19.9% | 20.8% | 19.0% | 20.8% | 22.4% | 21.4% | 21.6% | 22.8% | 21.8% |
| Net income | 1.46 | 1.18 | 1.15 | 1.07 | 0.99 | 0.87 | 0.83 | 0.82 | 0.52 | 0.65 |
| Net margin | 16.5% | 15.5% | 15.4% | 13.5% | 15.5% | 15.0% | 14.0% | 13.0% | 8.5% | 10.7% |
| Diluted EPS | $5.35 | $4.42 | $4.38 | $4.14 | $3.84 | $3.50 | $3.35 | $3.32 | $2.15 | $2.69 |
| Free cash flow | -0.82 | -1.65 | -1.21 | -1.12 | -1.86 | -1.57 | -0.27 | -0.17 | -0.08 | -0.01 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open AEE in Markets.
How Ameren makes money
Revenue by segment in the quarter to June 30, 2026, as the company reports it.
| Segment | Revenue | Share |
|---|---|---|
| Electricity | $1.89B | 90.2% |
| Natural Gas Reserves | $205M | 9.8% |
See also: AEE valuation and P/E history · AEE returns
No forecast, no recommendation. This page describes Ameren from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.