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Ameren Corporation

AEEUtilitiesNASDAQ

Utilities - Regulated Electric · Last scanned May 30, 2026

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Financials · Annual
Revenue
$8.80B
+15.4% YoY
Free Cash Flow
-$1.87B

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About Ameren Corporation

Ameren Corporation, together with its subsidiaries, operates as a public utility holding company in the United States. The $29.88B market capitalization puts AEE squarely in large-cap range for its industry. The company operates through four segments: Ameren Missouri, Ameren Illinois Electric Distribution, Ameren Illinois Natural Gas, and Ameren Transmission.

Key stats
Market Cap$29.88B
P/E (TTM)19.42
Fwd P/E18.60
EPS$5.56
Beta0.51
52W Change+11.1%
Dividend Yield2.78%
ROE11.8%
Analysis

The company holds $13.0M in cash, though total debt stands at $21.30B. This level of leverage is common in the industry but worth monitoring as interest rate conditions evolve. The company is burning cash, with free cash flow at -$1.87B. This typically occurs when a company is investing aggressively in growth, but sustained cash burn can strain the balance sheet. ROE of 11.8% points to decent capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. ROA of 3.1% is on the lower side, which is common in asset-heavy industries. Revenue has been uneven over recent years, ranging from $7.96B to $8.80B.

The relatively low beta of 0.51 suggests AEE is a less volatile holding compared to the broader index. Debt significantly exceeds cash reserves, which means the company's financial flexibility could be constrained during economic downturns. The company is burning cash at the operating level, which is not unusual for growth-phase companies but adds risk if it persists. No single metric tells the full story. Reviewing AEE's risk profile alongside its fundamentals and technical indicators provides a more complete picture.

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