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Side-by-side financial comparison of Ameren (AEE) and Digital Realty (DLR). Click either name above to swap in a different company.

Ameren is the larger business by last-quarter revenue ($1.8B vs $1.6B, roughly 1.1× Digital Realty). Ameren runs the higher net margin — 14.2% vs 6.0%, a 8.2% gap on every dollar of revenue. On growth, Digital Realty posted the faster year-over-year revenue change (16.1% vs -8.2%). Over the past eight quarters, Digital Realty's revenue compounded faster (9.8% CAGR vs -0.9%).

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...

Digital Realty is a real estate investment trust that owns, operates and invests in carrier-neutral data centers across the world. The company offers data center, colocation, and interconnection services.

AEE vs DLR — Head-to-Head

Bigger by revenue
AEE
AEE
1.1× larger
AEE
$1.8B
$1.6B
DLR
Growing faster (revenue YoY)
DLR
DLR
+24.3% gap
DLR
16.1%
-8.2%
AEE
Higher net margin
AEE
AEE
8.2% more per $
AEE
14.2%
6.0%
DLR
Faster 2-yr revenue CAGR
DLR
DLR
Annualised
DLR
9.8%
-0.9%
AEE

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
AEE
AEE
DLR
DLR
Revenue
$1.8B
$1.6B
Net Profit
$253.0M
$98.6M
Gross Margin
Operating Margin
20.2%
6.9%
Net Margin
14.2%
6.0%
Revenue YoY
-8.2%
16.1%
Net Profit YoY
21.6%
-10.3%
EPS (diluted)
$0.92
$0.22

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AEE
AEE
DLR
DLR
Q1 26
$1.6B
Q4 25
$1.8B
$1.6B
Q3 25
$2.7B
$1.6B
Q2 25
$2.2B
$1.5B
Q1 25
$2.1B
$1.4B
Q4 24
$1.9B
$1.4B
Q3 24
$2.2B
$1.4B
Q2 24
$1.7B
$1.4B
Net Profit
AEE
AEE
DLR
DLR
Q1 26
$98.6M
Q4 25
$253.0M
$98.6M
Q3 25
$641.0M
$67.8M
Q2 25
$277.0M
$1.0B
Q1 25
$290.0M
$110.0M
Q4 24
$208.0M
$189.6M
Q3 24
$457.0M
$51.2M
Q2 24
$260.0M
$80.2M
Operating Margin
AEE
AEE
DLR
DLR
Q1 26
6.9%
Q4 25
20.2%
6.9%
Q3 25
30.6%
8.8%
Q2 25
18.5%
14.2%
Q1 25
20.5%
13.9%
Q4 24
10.2%
10.1%
Q3 24
27.0%
11.8%
Q2 24
21.3%
0.7%
Net Margin
AEE
AEE
DLR
DLR
Q1 26
6.0%
Q4 25
14.2%
6.0%
Q3 25
23.7%
4.3%
Q2 25
12.5%
69.1%
Q1 25
13.8%
7.8%
Q4 24
10.7%
13.2%
Q3 24
21.0%
3.6%
Q2 24
15.4%
5.9%
EPS (diluted)
AEE
AEE
DLR
DLR
Q1 26
$0.22
Q4 25
$0.92
$0.22
Q3 25
$2.35
$0.15
Q2 25
$1.01
$2.94
Q1 25
$1.07
$0.27
Q4 24
$0.77
$0.50
Q3 24
$1.70
$0.09
Q2 24
$0.97
$0.20

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AEE
AEE
DLR
DLR
Cash + ST InvestmentsLiquidity on hand
$13.0M
$3.5B
Total DebtLower is stronger
$19.4B
Stockholders' EquityBook value
$13.4B
$22.9B
Total Assets
$48.5B
$49.4B
Debt / EquityLower = less leverage
1.45×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AEE
AEE
DLR
DLR
Q1 26
$3.5B
Q4 25
$13.0M
$3.5B
Q3 25
$9.0M
$3.3B
Q2 25
$11.0M
$3.6B
Q1 25
$23.0M
$2.3B
Q4 24
$7.0M
$3.9B
Q3 24
$17.0M
$2.2B
Q2 24
$19.0M
$2.3B
Total Debt
AEE
AEE
DLR
DLR
Q1 26
Q4 25
$19.4B
Q3 25
Q2 25
Q1 25
Q4 24
$17.8B
Q3 24
Q2 24
Stockholders' Equity
AEE
AEE
DLR
DLR
Q1 26
$22.9B
Q4 25
$13.4B
$22.9B
Q3 25
$12.8B
$23.0B
Q2 25
$12.3B
$22.9B
Q1 25
$12.2B
$21.3B
Q4 24
$12.1B
$21.3B
Q3 24
$11.8B
$21.2B
Q2 24
$11.5B
$20.5B
Total Assets
AEE
AEE
DLR
DLR
Q1 26
$49.4B
Q4 25
$48.5B
$49.4B
Q3 25
$47.4B
$48.7B
Q2 25
$46.6B
$48.7B
Q1 25
$45.7B
$45.1B
Q4 24
$44.6B
$45.3B
Q3 24
$43.3B
$45.3B
Q2 24
$42.3B
$43.6B
Debt / Equity
AEE
AEE
DLR
DLR
Q1 26
Q4 25
1.45×
Q3 25
Q2 25
Q1 25
Q4 24
1.47×
Q3 24
Q2 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AEE
AEE
DLR
DLR
Operating Cash FlowLast quarter
$956.0M
Free Cash FlowOCF − Capex
$-54.0M
FCF MarginFCF / Revenue
-3.0%
Capex IntensityCapex / Revenue
56.7%
Cash ConversionOCF / Net Profit
3.78×
TTM Free Cash FlowTrailing 4 quarters
$-775.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AEE
AEE
DLR
DLR
Q1 26
Q4 25
$956.0M
$719.0M
Q3 25
$1.1B
$652.9M
Q2 25
$862.0M
$641.2M
Q1 25
$431.0M
$399.1M
Q4 24
$817.0M
$769.5M
Q3 24
$897.0M
$566.5M
Q2 24
$557.0M
$573.2M
Free Cash Flow
AEE
AEE
DLR
DLR
Q1 26
Q4 25
$-54.0M
Q3 25
$116.0M
Q2 25
$-204.0M
Q1 25
$-633.0M
Q4 24
$-473.0M
Q3 24
$-240.0M
Q2 24
$-445.0M
FCF Margin
AEE
AEE
DLR
DLR
Q1 26
Q4 25
-3.0%
Q3 25
4.3%
Q2 25
-9.2%
Q1 25
-30.2%
Q4 24
-24.4%
Q3 24
-11.0%
Q2 24
-26.3%
Capex Intensity
AEE
AEE
DLR
DLR
Q1 26
Q4 25
56.7%
Q3 25
36.6%
Q2 25
48.0%
Q1 25
50.7%
Q4 24
66.5%
Q3 24
52.3%
Q2 24
59.2%
Cash Conversion
AEE
AEE
DLR
DLR
Q1 26
Q4 25
3.78×
7.29×
Q3 25
1.72×
9.63×
Q2 25
3.11×
0.62×
Q1 25
1.49×
3.63×
Q4 24
3.93×
4.06×
Q3 24
1.96×
11.07×
Q2 24
2.14×
7.15×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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