AmerenAEEEarnings & Financial Report
Ameren Corporation, together with its subsidiaries, operates as a public utility holding company in the United States. It operates through four segments: Ameren Missouri, Ameren Illinois Electric Distribution, Ameren Illinois Natural Gas, and Ameren Transmission. The company engages in the rate-regulated electric generation, transmission, and distribution activities; and rate-regulated natural gas distribution and transmission businesses. It primarily generates electricity through coal, nucle...
Revenue
$2.2B
Gross Profit
N/A
Operating Profit
$586.0M
Net Profit
$457.0M
Gross Margin
N/A
Operating Margin
27.0%
Net Margin
21.0%
YoY Growth
5.5%
EPS
$1.70
Ameren Q3 FY2024 Financial Summary
Ameren reported revenue of $2.2B (up 5.5% YoY) for Q3 FY2024, with a net profit of $457.0M (down 7.5% YoY) (21.0% margin).
Key Financial Metrics
| Total Revenue | $2.2B |
|---|---|
| Net Profit | $457.0M |
| Gross Margin | N/A |
| Operating Margin | 27.0% |
| Report Period | Q3 FY2024 |
Revenue Breakdown
Ameren Q3 FY2024 revenue of $2.2B breaks down across 7 segments, led by Union Electric Company at $1.3B (61.3% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Union Electric Company | $1.3B | 61.3% |
| Commercial | $203.0M | 9.3% |
| Ameren Transmission Segment | $168.0M | 7.7% |
| Natural Gas Reserves | $138.0M | 6.4% |
| Other | $134.0M | 6.2% |
| Ameren Illinois Gas Segment | $121.0M | 5.6% |
| Industrial | $40.0M | 1.8% |
Ameren Revenue by Segment — Quarterly Trend
Ameren revenue by segment across the last 4 reported quarters, showing how each business line (such as Union Electric Company and Commercial) has evolved quarter over quarter.
| Segment | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 |
|---|---|---|---|---|
| Union Electric Company | — | $785.0M | $1.7B | — |
| Commercial | — | $248.0M | $256.0M | — |
| Ameren Transmission Segment | — | — | $188.0M | — |
| Natural Gas Reserves | — | — | $136.0M | — |
| Other | — | $42.0M | $103.0M | — |
Ameren Annual Revenue by Year
Ameren annual revenue history includes year-by-year totals (for example, 2025 revenue was $8.8B).
| Year | Annual Revenue |
|---|---|
| 2025 | $8.8B |
| 2024 | $7.6B |
| 2023 | $7.5B |
| 2022 | $8.0B |
Ameren Quarterly Revenue & Net Profit History
Ameren results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $2.2B | +3.8% | $358.0M | 16.5% |
| Q4 FY2025 | $1.8B | -8.2% | $253.0M | 14.2% |
| Q3 FY2025 | $2.7B | +24.2% | $641.0M | 23.7% |
| Q2 FY2025 | $2.2B | +31.2% | $277.0M | 12.5% |
| Q1 FY2025 | $2.1B | +15.5% | $290.0M | 13.8% |
| Q4 FY2024 | $1.9B | +20.0% | $208.0M | 10.7% |
| Q3 FY2024 | $2.2B | +5.5% | $457.0M | 21.0% |
| Q2 FY2024 | $1.7B | -3.8% | $260.0M | 15.4% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.69B | $2.17B | $1.94B | $2.10B | $2.22B | $2.70B | $1.78B | $2.18B |
| YoY Growth | -3.8% | 5.5% | 20.0% | 15.5% | 31.2% | 24.2% | -8.2% | 3.8% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $42.33B | $43.30B | $44.60B | $45.66B | $46.63B | $47.42B | $48.48B | $49.85B |
| Liabilities | $30.80B | $31.46B | $32.48B | $33.45B | $34.31B | $34.64B | $35.08B | $36.29B |
| Equity | $11.54B | $11.83B | $12.11B | $12.22B | $12.31B | $12.78B | $13.40B | $13.56B |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $557.0M | $897.0M | $817.0M | $431.0M | $862.0M | $1.10B | $956.0M | $421.0M |