Saturday 17 October 2026
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Ameren Corporation
AEE Utilities Utilities Regulated Electric
Ameren Corporation’s revenue for fiscal 2025 (year ended December 2025) was $8.8 billion, up 15.4% from fiscal 2024. In the quarter to June 2026, revenue fell 5.81%, EPS grew 11.8%, free cash flow fell 51.2% and total debt rose 9.28%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for ten consecutive years, operating cash flow growth for three.
106.08
2.32
+2.24%
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| Dec '16 | Dec '17 | Dec '18 | Dec '19 | Dec '20 | Dec '21 | Dec '22 | Dec '23 | Dec '24 | Dec '25 | |
|---|---|---|---|---|---|---|---|---|---|---|
P/E ratio |
19.47 | 26.91 | 19.53 | 22.79 | 22.11 | 23.00 | 21.27 | 16.86 | 20.12 | 18.53 |
Piotroski F-Score |
6 | 5 | 5 | 5 | 5 | 4 | 5 | 5 | 5 | 6 |
P/S ratio |
2.09 | 2.29 | 2.53 | 3.19 | 3.33 | 3.57 | 2.87 | 2.59 | 3.12 | 3.07 |
Altman Z-Score |
0.90 | 0.91 | 0.94 | 0.97 | 0.92 | 0.93 | 0.96 | 0.81 | 0.84 | 0.90 |
Altman Z″-Score (non-manufacturers) |
0.72 | 0.65 | 0.72 | 0.73 | 0.86 | 0.78 | 0.87 | 0.81 | 0.79 | 0.86 |
P/FCF ratio |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Beneish M-Score |
(2.75) | (2.78) | (2.69) | (2.87) | (2.56) | (2.42) | (2.40) | (2.70) | (2.59) | (2.39) |
P/Operating CF |
22.77 | 30.08 | 32.86 | 37.57 | 48.44 | 48.64 | 34.44 | 36.49 | 29.11 | 28.26 |
Dividend Safety Score |
— | — | — | — | — | — | — | — | — | 46 |
P/B ratio |
1.75 | 1.93 | 2.05 | 2.30 | 2.12 | 2.32 | 2.15 | 1.69 | 1.94 | 2.00 |
Price to Tangible BV |
1.86 | 2.05 | 2.16 | 2.42 | 2.22 | 2.42 | 2.24 | 1.76 | 2.01 | 2.06 |
EV/Sales |
3.29 | 3.58 | 3.87 | 4.77 | 5.22 | 5.61 | 4.60 | 4.72 | 5.43 | 5.25 |
EV/EBITDA |
8.81 | 9.27 | 10.09 | 11.92 | 12.21 | 13.62 | 12.32 | 11.51 | 13.17 | 12.44 |
EV/Operating CF |
9.44 | 10.43 | 11.21 | 13.00 | 17.50 | 21.59 | 16.19 | 13.80 | 14.97 | 13.77 |
EV/FCF |
(1,426.74) | (286.89) | (144.80) | (103.69) | (19.23) | (19.26) | (32.80) | (29.32) | (25.11) | (56.26) |
Quick Ratio |
0.19 | 0.18 | 0.21 | 0.19 | 0.28 | 0.19 | 0.27 | 0.19 | 0.18 | 0.20 |
Current Ratio |
0.60 | 0.55 | 0.57 | 0.57 | 0.76 | 0.70 | 0.79 | 0.65 | 0.66 | 0.66 |
Net Debt/EBITDA |
3.21 | 3.32 | 3.50 | 3.95 | 4.42 | 4.96 | 4.63 | 5.19 | 5.60 | 5.16 |
Debt/Assets |
29.46% | 30.58% | 31.01% | 32.34% | 34.61% | 36.57% | 37.00% | 39.11% | 39.42% | 39.58% |
Debt/Equity |
1.00 | 1.08 | 1.09 | 1.14 | 1.22 | 1.33 | 1.32 | 1.39 | 1.44 | 1.42 |
Asset Turnover |
0.25 | 0.24 | 0.24 | 0.21 | 0.19 | 0.19 | 0.22 | 0.19 | 0.18 | 0.19 |
Operating CF/Net income |
3.24 | 4.05 | 2.66 | 2.62 | 1.98 | 1.68 | 2.11 | 2.23 | 2.34 | 2.30 |
Capex/Depreciation |
(2.25) | (2.25) | (2.22) | (2.22) | (2.81) | (2.71) | (2.32) | (2.49) | (2.72) | (2.47) |
Interest Coverage |
3.46 | 3.61 | 3.38 | 3.33 | 3.10 | 3.48 | 3.12 | 2.75 | 2.29 | 2.61 |
| 9.11% | 7.18% | 10.80% | 10.37% | 10.08% | 10.47% | 10.50% | 10.42% | 9.97% | 11.30% | |
| 2.70% | 2.07% | 3.07% | 2.95% | 2.86% | 2.92% | 2.92% | 2.93% | 2.77% | 3.13% | |
ROIC |
5.69% | 5.78% | 5.24% | 4.51% | 4.06% | 3.64% | 3.88% | 3.55% | 3.18% | 3.87% |
Return on Tangible Assets |
3.43% | 2.60% | 3.76% | 3.55% | 3.31% | 3.49% | 3.51% | 3.53% | 3.36% | 3.83% |
Average Days of Receivables |
30.04 | 30.45 | 31.45 | 28.16 | 30.24 | 29.63 | 30.00 | 29.20 | 29.73 | 32.02 |
Research and Development Expense of Revenue |
0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Selling, General and Administrative Expense of Revenue |
36.21% | 35.34% | 35.84% | 37.66% | 37.00% | 35.75% | 31.12% | 31.84% | 33.01% | 28.99% |
Intangible Assets out of Total Assets |
0.02 | 0.02 | 0.02 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
Share Based Compensation of Revenue |
0.28% | 0.28% | 0.32% | 0.34% | 0.36% | 0.34% | 0.30% | 0.35% | 0.37% | 0.32% |
Graham Net Nets |
(1.25) | (1.20) | (1.13) | (1.02) | (1.10) | (1.05) | (1.08) | (1.40) | (1.27) | (1.20) |
Graham Number |
42.51 | 38.40 | 48.95 | 50.32 | 54.03 | 57.79 | 62.07 | 65.68 | 67.63 | 77.88 |
Earnings Yield |
5.14% | 3.72% | 5.12% | 4.39% | 4.52% | 4.35% | 4.70% | 5.93% | 4.97% | 5.40% |
Free Cash Flow Yield |
(0.11%) | (0.54%) | (1.06%) | (1.44%) | (8.15%) | (8.16%) | (4.89%) | (6.21%) | (6.93%) | (3.04%) |
Revenue per Share |
25.05 | 25.45 | 25.80 | 24.06 | 23.46 | 24.95 | 30.79 | 28.54 | 28.57 | 32.53 |
Operating CF per Share |
8.73 | 8.73 | 8.90 | 8.84 | 6.99 | 6.48 | 8.76 | 9.76 | 10.36 | 12.40 |
Capex per Share |
(8.78) | (9.05) | (9.59) | (9.94) | (13.36) | (13.75) | (13.08) | (14.35) | (16.53) | (15.43) |
Free Cash Flow per Share |
(0.06) | (0.32) | (0.69) | (1.11) | (6.36) | (7.26) | (4.32) | (4.59) | (6.17) | (3.04) |
Cash per Share |
0.04 | 0.04 | 0.07 | 0.07 | 0.56 | 0.06 | 0.97 | 0.10 | 0.03 | 0.05 |
Shareholders Equity per Share |
29.86 | 30.20 | 31.88 | 33.39 | 36.76 | 38.35 | 41.16 | 43.68 | 45.89 | 50.02 |
Interest Debt per Share |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Book value per Share |
29.86 | 30.20 | 31.88 | 33.39 | 36.76 | 38.35 | 41.16 | 43.68 | 45.89 | 50.02 |
Free Cash Flow |
(14.00) | (77.00) | (168.00) | (272.00) | (1,572.00) | (1,862.00) | (1,117.00) | (1,207.00) | (1,647.00) | (821.00) |
Working Capital |
(1,081.00) | (1,328.00) | (1,154.00) | (1,074.00) | (527.00) | (858.00) | (698.00) | (1,164.00) | (1,149.00) | (1,336.00) |
Capital Expenditures |
(2,131.00) | (2,195.00) | (2,338.00) | (2,442.00) | (3,299.00) | (3,523.00) | (3,380.00) | (3,771.00) | (4,410.00) | (4,174.00) |
Net Current Asset Value |
(15,861.00) | (17,007.00) | (17,909.00) | (19,301.00) | (21,297.00) | (23,938.00) | (24,599.00) | (27,171.00) | (30,091.00) | (32,375.00) |
EV/EBIT |
15.11 | 15.67 | 17.93 | 22.26 | 23.25 | 26.90 | 24.19 | 22.72 | 27.28 | 22.80 |
Capex to Sales |
0.35 | 0.36 | 0.37 | 0.41 | 0.57 | 0.55 | 0.42 | 0.50 | 0.58 | 0.47 |
Price to Operating Income |
9.61 | 10.05 | 11.72 | 14.89 | 14.83 | 17.11 | 15.09 | 12.48 | 15.69 | 13.33 |
| Other line items | ||||||||||
Depreciation/Fixed assets |
0.05 | 0.05 | 0.05 | 0.05 | 0.04 | 0.04 | 0.05 | 0.04 | 0.04 | 0.04 |
Cash ROIC |
(0.10%) | (0.50%) | (1.04%) | (1.55%) | (7.74%) | (8.13%) | (4.48%) | (4.39%) | (5.52%) | (2.51%) |
Accounts Receivable Turnover |
12.32 | 12.17 | 11.90 | 11.84 | 12.38 | 12.80 | 13.57 | 11.96 | 12.49 | 12.63 |
Accounts Payable Turnover |
2.16 | 1.98 | 2.01 | 1.68 | 1.39 | 1.59 | 2.38 | 1.89 | 1.82 | 2.29 |
Inventory Turnover |
3.21 | 3.21 | 3.43 | 2.91 | 2.51 | 2.93 | 4.25 | 3.10 | 2.68 | 3.46 |
Average Days of Payables |
171.93 | 195.27 | 172.97 | 224.34 | 274.25 | 245.35 | 158.03 | 191.34 | 193.17 | 172.46 |
Days of Inventory on Hand |
112.55 | 113.01 | 102.26 | 126.80 | 149.15 | 132.65 | 90.94 | 123.46 | 139.00 | 106.45 |
Average Receivables |
493.00 | 507.50 | 528.50 | 499.00 | 468.00 | 499.50 | 586.50 | 627.00 | 610.50 | 696.50 |
Average Payables |
791.00 | 853.50 | 859.50 | 845.50 | 916.00 | 1,026.50 | 1,127.00 | 1,147.50 | 1,097.50 | 1,156.50 |
Average Inventory |
532.50 | 524.50 | 502.50 | 488.50 | 507.50 | 556.50 | 629.50 | 700.00 | 747.50 | 768.00 |
Average Assets |
24,169.50 | 25,322.00 | 26,580.00 | 28,074.00 | 30,481.50 | 33,882.50 | 36,819.50 | 39,367.00 | 42,714.00 | 46,537.00 |
Average Common Equity |
7,166.50 | 7,285.50 | 7,549.50 | 7,987.00 | 8,640.50 | 9,454.50 | 10,233.00 | 11,057.50 | 11,860.50 | 12,886.50 |
Columns are period end dates