AEE
Ameren
$109.17
▲ 0.8%Updated Today 11:30 AM ET
AEE at a glance — five pillars scored 0–100 from real filed financials.
Overall: Favorable · 64/100. A wider, greener shape means more pillars look healthy. Dividends scores 0 when a company pays none — that is a choice, not a flaw.
▲ Up 15.1% over the last 12 months
Market Cap
$31.83B
P/E
19.77x
Forward P/E (est.)
16x
ROE
11.7%
Revenue Growth
12.3%
EPS Growth
23.5%
Profit Margin
17.2%
FCF Yield
9.2%
Debt / Equity
1.48x
ROIC
5.0%
Interest Coverage
2.61x
Current Ratio
0.62x
Dividend Yield
2.7%
Implied Growth (rev. DCF)
—
Rating Score
64/100
Ameren (AEE) is a large-cap company in the Multi-Utilities industry, part of the Utilities sector of the S&P 500, with a market value around $31.83B.
In its latest reported year it generated about $8.80B in revenue.
Our model rates AEE Favorable (64/100) on growth, profitability, financial health, and valuation. The summary below is built from its filed financials and current ratios and refreshes automatically.
Evidence of durable competitive advantage in the filed financials (10 years of history).
The numbers don't show a durable competitive advantage — margins, growth, or returns on capital have been unstable or thin. Great returns are still possible; they just aren't protected.
21.2% average over the last 3 years
±1.2 pts around 21.4% across 10 years
grew in 6 of the last 9 year-over-year periods
positive in 1 of 10 years
5.0% latest fiscal year
A moat can't be proven by numbers alone — this scores the evidence a durable advantage leaves behind (pricing power, consistency, returns on capital), computed the same way for every stock. Pair it with the business overview before concluding anything.
Technical analysis reads price and volume to judge momentum and timing. It complements the fundamentals above — it does not replace them. Here is what AEE's chart says today, with each tool explained.
Trend — moving averages. A moving average is the average closing price over a window, which smooths out daily noise. AEE trades near $109.17, around its 50-day average ($110.24) and 200-day average ($106.35). Price tangled in its moving averages means there is no clear trend — the stock is ranging.
Momentum — RSI. The Relative Strength Index runs 0–100 and measures how strong recent gains are versus losses. Above 70 is "overbought", below 30 "oversold". At 65 it is in neutral territory — neither stretched nor washed out.
MACD. MACD compares two moving averages to flag shifts in momentum. Its histogram is currently positive — short-term momentum is improving.
Volatility — ATR. Average True Range is the typical daily move. AEE's is $2.23 (~2.0% of price), so swings of about that size each day are normal — handy for setting a stop that isn't too tight.
Support & resistance. Over the last month AEE found buyers near $105.57 (support) and sellers near $118.32 (resistance); its 52-week range is $94.20–$118.32. A decisive break beyond either edge often marks the next move.
Volume. The latest session traded 0.7× the 20-day average — lighter than usual, so the move carries less conviction. Rising volume on up-days suggests real buying; on down-days, real selling.
Educational information to help you read a chart — not a recommendation or a forecast. It updates daily as the price and indicators change.
4Y CAGR
8.3%
Revenue moved from $6.08B in 2016 to $8.80B in 2025, a 4.2% compound annual growth rate. The most recent year grew a steady 12.3% year over year. Consistent top-line growth is one sign of healthy demand.
Gross Margin
43.4%
Operating Margin
23.0%
Net Margin
17.2%
ROE
11.7%
Ameren keeps about 17.2% of each sales dollar as net profit, with a 43.4% gross margin and 23.0% operating margin. Return on equity is 11.7% and return on invested capital about 5.0%. Margins this wide usually signal pricing power or a cost advantage.
Total Debt
$19.43B
Net Debt
$19.42B
Net Debt / EBITDA
9.58x
Debt / Equity
1.48x
Leverage: debt-to-equity is 1.5x, and operating profit covers interest about 2.6x, with a current ratio of 0.6x. That is a moderate, manageable debt load for most businesses. It carries roughly $19.43B of total debt against $13.00M of cash.
Operating CF
$3.35B
Free Cash Flow
-$775.00M
FCF Margin
-8.8%
In the latest year Ameren produced about $3.35B of operating cash flow but negative free cash flow as it invested heavily. That is a free-cash-flow yield of about 9.2% on today's price. Strong cash generation funds dividends, buybacks, and reinvestment.
Can the payout survive a bad year? Scored from filed cash flow, earnings coverage, and the raise/cut record.
The dividend is being paid, but coverage or consistency is thinner than an income investor should rely on without a closer look.
Dividend yield
2.7%
Per share (latest FY)
$2.84
Total paid (latest FY)
$768.00M
History on record
10 years
free cash flow was negative in the latest year — the dividend is being financed
total dividends increased 9 years in a row
no cuts in the last 10 years on record
Coverage uses the latest fiscal year as filed with the SEC; the streak counts total dollars paid (per-share figures can carry split artifacts). Educational information, not income advice.
P/E
19.77x
P/S
3.46x
P/B
1.99x
EV / EBITDA
—
AEE trades at 19.8x trailing earnings (about 16.0x on estimated forward earnings), 3.5x sales, and 2.0x book value. That is a fairly typical valuation for a profitable company.
Where AEE sits versus its Utilities sector peers in the S&P 500.
Bands show the middle half (25th–75th percentile) of the 38 Utilities companies in the S&P 500 — the peer-relative anchor professional comps analysis uses. Context only — not investment advice.
How AEE stacks up against its Utilities peers — valuation, profitability, and growth versus the sector median.
In the Utilities sector (47 S&P 500 companies), AEE ranks #8 of 47 by our overall rating. It trades at roughly in line versus the sector on earnings (19.8x P/E vs. 21.3x median) with a higher return on equity (11.7% vs. 10.3%) and faster revenue growth (12.3% vs. 8.8%).
P/E vs sector
19.8x
median 21.3x
ROE vs sector
11.7%
median 10.3%
Growth vs sector
12.3%
median 8.8%
Sector rank
#8
of 47 by rating
Valuation vs. quality map
The sweet spot is upper-left: more profitable (higher ROE) for a lower P/E. Dashed lines mark the sector median.
Peers are the closest Utilities companies by sub-industry and size. Sector median is across all 47 S&P 500 names in the sector. Educational, not a recommendation.
Project revenue → earnings → price. Edit the assumptions to build your own case.
2030 price target (Base Case)
$0.00 – $0.00
vs. $109.17 today · expected CAGR -0% – 11%
| Metric | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| Revenue | $9.85B | $11.04B | $12.36B | $13.85B | $15.51B |
| Net income | $1.68B | $1.88B | $2.10B | $2.35B | $2.64B |
| EPS | $5.75 | $6.44 | $7.21 | $8.07 | $9.04 |
| Share price (low) | $68.95 | $77.22 | $86.49 | $96.87 | $108.49 |
| Share price (high) | $114.91 | $128.70 | $144.15 | $161.44 | $180.82 |
| CAGR (low–high) | -37% / 5% | -16% / 9% | -7% / 10% | -3% / 10% | -0% / 11% |
Educational model on sample fundamentals — not a forecast or investment advice. Outputs are only as good as your assumptions.
The case for AEE:
- Revenue is growing 12.3% a year, a sign of real demand.
- High net margins (17.2%) point to pricing power or efficiency.
- Healthy free-cash-flow yield (~9.2%) funds buybacks and dividends.
- Pays a 2.7% dividend on top of any price gains.
- Our model's overall read is Favorable (64/100).
The case against AEE:
- Interest coverage is thin (2.6x), so debt costs bite.
- Like any single stock, it is exposed to competition, the economic cycle, and shifts in its end markets.
Balance-sheet risk — debt/equity of 1.5x magnifies the impact of higher rates or weaker earnings.
Market risk — sector rotation, the economic cycle, and broad sentiment move the stock regardless of fundamentals.
On balance, the fundamentals screen favourably: Ameren is a large-cap utilities business still growing nicely, with solid profitability, and a heavier debt load to watch. It trades at 19.8x earnings, which our model scores Favorable (64/100). Weigh this against your own goals and time horizon — this is educational information, not a recommendation.
Analyst Ratings
What 22 Wall Street analysts covering AEE recommend (August 2026). Consensus is a useful sanity check — not a substitute for your own homework.
Analysts have turned more positive over the last three months (+9 pts of buy ratings).
Latest SEC Filings
AEE's most recent filings, straight from SEC EDGAR. Annual and quarterly reports are the deep dives; 8-Ks flag material events the moment they happen.
In the Idea Lab
AEE — frequently asked questions
Is AEE a good stock to buy?
We don't give buy or sell advice. Our model rates Ameren Favorable (64/100) based on its growth, profitability, financial health, and valuation — use that as a research starting point and make your own decision.
What is AEE's rating on The Stocks School?
Ameren currently scores 64/100 (Favorable) on our transparent model, which weighs real fundamentals: growth, margins, returns on capital, balance-sheet strength, and valuation.
How our ratings work →Where does AEE's data come from?
Live price data plus real fundamentals and 5-year financials pulled directly from Ameren's SEC filings — refreshed automatically, not hand-entered.
How is the 5-year projection for AEE calculated?
It's a scenario model: it grows revenue at an assumed rate, applies a profit margin and a valuation multiple, and shows the resulting share-price range. The assumptions are yours to change — it's a tool for thinking, not a prediction.
Is this AEE analysis financial advice?
No. Everything on this page is educational research, not financial advice or a recommendation to buy or sell AEE. Always do your own research and consider a licensed professional.
Data notice. Fundamentals and financial statements are sourced from company filings (SEC EDGAR) and market-data providers; prices and market caps refresh on trading days and may be delayed. Ratings, projections, technical signals, and written summaries are model- or rule-generated for education and may simplify or lag the latest filings.
Not advice. Nothing on this page is investment advice or a recommendation to buy, hold, or sell any security. Do your own research and consult a licensed financial professional before investing.