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%
Market cap
$28.7B
P/E
18.5×
Fwd P/E
20.3×
Dividend yield
2.79%
F-score
6/9
Altman Z
0.90
Beneish M
−2.39
Dividend safety
46/100

Ameren Corporation (AEE) EV/EBITDA

Alert me on EV/EBITDA

As of 16 October 2026, Ameren Corporation (AEE) trades at a EV/EBITDA of 12.7×. Over the past ten years it has ranged from 7.3× (June 2015) to 14.4× (March 2025); the current reading is higher than 72% of that period. That is in line with the Utilities Regulated Electric industry median of 12.2× and in line with the Utilities sector median of 12.4×.

EV/EBITDA, daily

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Annual newest first

Period EV/EBITDA Change
FY2025 12.4× (5.55%)
FY2024 13.2× 14.39%
FY2023 11.5× (6.55%)
FY2022 12.3× (9.55%)
FY2021 13.6× 11.53%
FY2020 12.2× 2.50%
FY2019 11.9× 18.04%
FY2018 10.1× 8.93%
FY2017 9.3× 5.17%
FY2016 8.8× 8.68%

Quarterly newest first

Period EV/EBITDA Change
Jun 2026 13.2× 0.19%
Mar 2026 13.2× 5.79%
Dec 2025 12.4× (7.53%)
Sep 2025 13.5× (1.94%)
42 more quarters

Against its own ten years

Low 7.3× High 14.4×
Ten-year median 11.7×
Current reading's percentile 72

EV/EBITDA against peers

Company EV/EBITDA
PCG Pacific Gas & Electric Co. compare 9.3×
ES Eversource Energy compare 9.9×
PPL PPL Corporation compare 12.3×
AEE Ameren Corporation 12.7×
CNP CenterPoint Energy, Inc. compare 13.0×
DTE DTE Energy Company compare 13.1×
FTS Fortis compare 13.5×
FE FirstEnergy Corporation compare 15.1×
WEC WEC Energy Group, Inc. compare 15.3×
Utilities Regulated Electric industry median 12.2×
Utilities sector median 12.4×
Market median 11.0×

What EV/EBITDA is

Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)

The full definition of EV/EBITDA →

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