Ameren Corp
Research Ameren Corp (AEE) on Bullrun: valuation model: 3.1% undervalued, market cap USD 29.57B, P/E 18.8, dividend yield 2.7%. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerAEE
- ExchangeNYSE
- CountryUnited States
- SectorUtilities
- IndustryUtilities-Regulated Electric
- CurrencyUSD
- Valuation signal3.1% undervalued
- Market capUSD 29.57B
- P/E18.8
- Dividend yield2.7%
- Financial periodQ1 2026
- RevenueUSD 2.18B
- Net incomeUSD 357.00M
- Free cash flow-USD 1.18B
- Gross margin49.7%
Valuation Snapshot
Bullrun's latest valuation model marks Ameren Corp as 3.1% undervalued; latest market cap is USD 29.57B; P/E is 18.8; dividend yield is 2.7%.
Peer valuation comparison
Latest P/E is 18.81x versus a Utilities sector median of 17.14x (9.7% above).
Latest dividend yield is 2.74% versus a Utilities sector median of 3.61% (24.1% below).
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2025 | USD 8.80B | USD 1.46B | -USD 775.00M | 47.4% | 5.35 | USD 13.00M | USD 19.19B | USD 13.40B |
| FY2024 | USD 7.62B | USD 1.19B | -USD 1.56B | 47.9% | 4.42 | USD 7.00M | USD 17.58B | USD 12.11B |
| FY2023 | USD 7.50B | USD 1.16B | -USD 1.03B | 46.2% | 4.38 | USD 25.00M | USD 15.97B | USD 11.35B |
| FY2022 | USD 7.96B | USD 1.08B | -USD 1.09B | n/a | 4.14 | USD 10.00M | USD 14.03B | USD 10.51B |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-08-25 | USD 29.57B | 18.8 | 2.7% | 2.92 |
| 2025 | 2025-12-31 | USD 27.60B | 18.7 | 2.8% | 2.84 |
| 2024 | 2024-12-31 | USD 24.06B | 20.2 | 3.0% | 2.68 |
| 2023 | 2023-12-29 | USD 19.02B | 16.4 | 3.5% | 2.52 |
| 2022 | 2022-12-30 | USD 22.99B | 22.2 | 2.7% | 2.36 |
| 2021 | 2021-12-31 | USD 22.94B | 23.2 | 2.5% | 2.2 |
Dividend history
Latest trailing dividend snapshot: annual dividend/share 2.92 USD, yield 2.7%.
| Year | Dividends/share |
|---|---|
| FY2025 | 2.84 USD |
| FY2024 | 2.68 USD |
| FY2023 | 2.52 USD |
| FY2022 | 2.36 USD |
About Ameren Corp
Ameren Corporation, together with its subsidiaries, operates as a public utility holding company in the United States. The company operates through four segments: Ameren Missouri, Ameren Illinois Electric Distribution, Ameren Illinois Natural Gas, and Ameren Transmission. It engages in the rate-regulated electric generation, transmission, and distribution business and natural gas transmission and distribution business.
Related stock research
Other Utilities stocks
Frequently asked questions
Is Ameren Corp overvalued or undervalued?
Bullrun's valuation model currently marks Ameren Corp as 3.1% undervalued.
What is Ameren Corp's market cap?
Ameren Corp's market capitalization is USD 29.57B.
What is Ameren Corp's P/E ratio?
Ameren Corp's price-to-earnings (P/E) ratio is 18.8.
Does Ameren Corp pay a dividend?
Ameren Corp has a dividend yield of 2.7%.
What does Ameren Corp do?
Ameren Corporation, together with its subsidiaries, operates as a public utility holding company in the United States. The company operates through four segments: Ameren Missouri, Ameren Illinois Electric Distribution, Ameren Illinois Natural Gas, and Ameren Transmission. It engages in the rate-regulated electric generation, transmission, and distribution business and natural gas transmission and distribution business. The company also generates electricity through coal, nuclear, and natural gas, as well as renewable energy, including hydroelectric, wind, methane gas, and solar energy centers.