AEE (Ameren Corporation) Stock Financials & Earnings | Market Cap Arena

AEE (Ameren Corporation) Stock Financials & Earnings | Market Cap Arena

AEEAmeren Corporation

Mkt Cap$31B

Utilities·Regulated Electric·🇺🇸 United States·NYSE

Revenue (TTM)$8.8B

Net Income (TTM)$1.5B

EPS (TTM)$5.35

Free Cash Flow (TTM)-$801M

Gross Margin38.1%

Op. Margin23.0%

Net Margin16.5%

FCF Margin-9.1%

P/S Ratio (TTM)3.5x

P/E Ratio (TTM)21.2x

YoY Rev Growth+15.4%

Employees—

Earnings Reports

Revenue & Profitability

Quarter	Revenue	Gross Profit	Op. Income
Q1 23	$2.1B	$798M	$351M
Q2 23	$1.8B	$788M	$329M
Q3 23	$2.1B	$1.1B	$614M
Q4 23	$1.6B	$751M	$264M
Q1 24	$1.8B	$867M	$371M
Q2 24	$1.7B	$868M	$361M
Q3 24	$2.2B	$1.1B	$586M
Q4 24	$1.9B	$794M	$198M
Q1 25	$2.1B	$941M	$430M
Q2 25	$2.2B	$928M	$411M
Q3 25	$2.7B	$989M	$825M
Q4 25	$1.8B	$498M	$360M

Revenue Breakdown

Valuation

Quarter	P/S	P/E
Q1 23	3.8x	28.4x
Q2 23	3.8x	27.6x
Q3 23	3.9x	26.6x
Q4 23	4.1x	26.7x
Q1 24	4.2x	26.8x
Q2 24	4.3x	26.3x
Q3 24	4.2x	27.2x
Q4 24	4.0x	26.1x
Q1 25	3.9x	25.5x
Q2 25	3.7x	25.1x
Q3 25	3.4x	21.8x
Q4 25	3.5x	21.2x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 23	$496M	-$455M
Q2 23	$615M	-$306M
Q3 23	$920M	$158M
Q4 23	$533M	-$604M
Q1 24	$492M	-$410M
Q2 24	$557M	-$470M
Q3 24	$897M	-$260M
Q4 24	$817M	-$507M
Q1 25	$431M	-$651M
Q2 25	$862M	-$205M
Q3 25	$1.1B	$135M
Q4 25	$956M	-$80M

Capital Expenditures

CapEx

Quarter	CapEx
Q1 23	$951M
Q2 23	$921M
Q3 23	$762M
Q4 23	$1.1B
Q1 24	$902M
Q2 24	$1.0B
Q3 24	$1.2B
Q4 24	$1.3B
Q1 25	$1.1B
Q2 25	$1.1B
Q3 25	$969M
Q4 25	$1.0B

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 23	+9.7%	+10.5%
Q2 23	+2.0%	+1.0%
Q3 23	-10.7%	-15.3%
Q4 23	-20.9%	-23.5%
Q1 24	-11.9%	-15.5%
Q2 24	-3.8%	-6.9%
Q3 24	+5.5%	+9.8%
Q4 24	+20.0%	+28.7%
Q1 25	+15.5%	+15.4%
Q2 25	+31.2%	+35.9%
Q3 25	+24.2%	+18.1%
Q4 25	-8.2%	-18.4%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 23	$8M	0.4%
Q2 23	$6M	0.3%
Q3 23	$7M	0.3%
Q4 23	$5M	0.3%
Q1 24	$8M	0.4%
Q2 24	$6M	0.4%
Q3 24	$8M	0.4%
Q4 24	$6M	0.3%
Q1 25	$7M	0.3%
Q2 25	$7M	0.3%
Q3 25	$7M	0.3%
Q4 25	$0	0.0%

Revenue Segments

Quarter	Electricity	Natural Gas
Q1 23	$1.6B	$472M
Q2 23	$1.6B	$175M
Q3 23	$1.9B	$139M
Q4 23	$1.3B	$275M
Q1 24	$1.4B	$452M
Q2 24	$1.5B	$172M
Q3 24	$2.0B	$138M
Q4 24	$1.6B	$321M
Q1 25	$1.6B	$475M
Q2 25	$2.0B	$183M
Q3 25	$2.6B	$136M
Q4 25	$1.4B	$337M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 23	$10M	$0	$10M
Q2 23	$7M	$0	$7M
Q3 23	$8M	$0	$8M
Q4 23	$25M	$0	$25M
Q1 24	$85M	$0	$85M
Q2 24	$19M	$0	$19M
Q3 24	$17M	$0	$17M
Q4 24	$7M	$0	$7M
Q1 25	$23M	$0	$23M
Q2 25	$11M	$0	$11M
Q3 25	$9M	$0	$9M
Q4 25	$13M	$0	$13M

Shares Outstanding

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change
Q1 23	263M	+1.1%
Q2 23	263M	+0.0%
Q3 23	264M	+0.3%
Q4 23	264M	+0.0%
Q1 24	267M	+1.1%
Q2 24	267M	+0.0%
Q3 24	267M	+0.0%
Q4 24	269M	+0.7%
Q1 25	271M	+0.9%
Q2 25	272M	+0.0%
Q3 25	272M	+0.1%
Q4 25	274M	+0.7%

Revenue Per Employee

Revenue / Employee

Year	Revenue/Employee	Employees
FY 14	$2M	4K
FY 15	$2M	4K
FY 16	$2M	4K
FY 17	$2M	4K
FY 18	$2M	4K
FY 19	$2M	4K
FY 20	$2M	4K
FY 21	$2M	4K
FY 22	$2M	4K
FY 23	$2M	4K
FY 24	$2M	4K
FY 25	$3M	4K