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Side-by-side financial comparison of Ameren (AEE) and F&G Annuities & Life, Inc. (FG). Click either name above to swap in a different company.
Ameren is the larger business by last-quarter revenue ($1.8B vs $1.8B, roughly 1.0× F&G Annuities & Life, Inc.). Ameren runs the higher net margin — 14.2% vs 7.3%, a 6.9% gap on every dollar of revenue. On growth, F&G Annuities & Life, Inc. posted the faster year-over-year revenue change (13.2% vs -8.2%). Over the past eight quarters, F&G Annuities & Life, Inc.'s revenue compounded faster (6.1% 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...
F&G Annuities & Life, Inc. is a public company headquartered in Des Moines, Iowa. It primarily provides annuities, life insurance, and pension buyout services. The company was founded in 1959.
AEE vs FG — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.8B | $1.8B |
| Net Profit | $253.0M | $128.0M |
| Gross Margin | — | — |
| Operating Margin | 20.2% | — |
| Net Margin | 14.2% | 7.3% |
| Revenue YoY | -8.2% | 13.2% |
| Net Profit YoY | 21.6% | -60.9% |
| EPS (diluted) | $0.92 | $0.97 |
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.
| Q4 25 | $1.8B | $1.8B | ||
| Q3 25 | $2.7B | $1.7B | ||
| Q2 25 | $2.2B | $1.4B | ||
| Q1 25 | $2.1B | $908.0M | ||
| Q4 24 | $1.9B | $1.6B | ||
| Q3 24 | $2.2B | $1.4B | ||
| Q2 24 | $1.7B | $1.2B | ||
| Q1 24 | $1.8B | $1.6B |
| Q4 25 | $253.0M | $128.0M | ||
| Q3 25 | $641.0M | $118.0M | ||
| Q2 25 | $277.0M | $40.0M | ||
| Q1 25 | $290.0M | $-21.0M | ||
| Q4 24 | $208.0M | $327.0M | ||
| Q3 24 | $457.0M | $-6.0M | ||
| Q2 24 | $260.0M | $203.0M | ||
| Q1 24 | $262.0M | $115.0M |
| Q4 25 | 20.2% | — | ||
| Q3 25 | 30.6% | — | ||
| Q2 25 | 18.5% | — | ||
| Q1 25 | 20.5% | — | ||
| Q4 24 | 10.2% | — | ||
| Q3 24 | 27.0% | — | ||
| Q2 24 | 21.3% | — | ||
| Q1 24 | 20.4% | — |
| Q4 25 | 14.2% | 7.3% | ||
| Q3 25 | 23.7% | 7.0% | ||
| Q2 25 | 12.5% | 2.9% | ||
| Q1 25 | 13.8% | -2.3% | ||
| Q4 24 | 10.7% | 21.0% | ||
| Q3 24 | 21.0% | -0.4% | ||
| Q2 24 | 15.4% | 17.3% | ||
| Q1 24 | 14.4% | 7.3% |
| Q4 25 | $0.92 | $0.97 | ||
| Q3 25 | $2.35 | $0.85 | ||
| Q2 25 | $1.01 | $0.26 | ||
| Q1 25 | $1.07 | $-0.20 | ||
| Q4 24 | $0.77 | $2.53 | ||
| Q3 24 | $1.70 | $-0.08 | ||
| Q2 24 | $0.97 | $1.55 | ||
| Q1 24 | $0.98 | $0.88 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $13.0M | $1.5B |
| Total DebtLower is stronger | $19.4B | $2.2B |
| Stockholders' EquityBook value | $13.4B | $4.8B |
| Total Assets | $48.5B | $98.4B |
| Debt / EquityLower = less leverage | 1.45× | 0.47× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $13.0M | $1.5B | ||
| Q3 25 | $9.0M | $2.2B | ||
| Q2 25 | $11.0M | $1.9B | ||
| Q1 25 | $23.0M | $3.3B | ||
| Q4 24 | $7.0M | $2.3B | ||
| Q3 24 | $17.0M | $3.5B | ||
| Q2 24 | $19.0M | $3.5B | ||
| Q1 24 | $85.0M | $2.4B |
| Q4 25 | $19.4B | $2.2B | ||
| Q3 25 | — | $2.2B | ||
| Q2 25 | — | $2.2B | ||
| Q1 25 | — | $2.2B | ||
| Q4 24 | $17.8B | $2.2B | ||
| Q3 24 | — | $2.0B | ||
| Q2 24 | — | $2.0B | ||
| Q1 24 | — | $1.7B |
| Q4 25 | $13.4B | $4.8B | ||
| Q3 25 | $12.8B | $4.8B | ||
| Q2 25 | $12.3B | $4.4B | ||
| Q1 25 | $12.2B | $4.4B | ||
| Q4 24 | $12.1B | $4.0B | ||
| Q3 24 | $11.8B | $4.3B | ||
| Q2 24 | $11.5B | $3.7B | ||
| Q1 24 | $11.4B | $3.5B |
| Q4 25 | $48.5B | $98.4B | ||
| Q3 25 | $47.4B | $96.1B | ||
| Q2 25 | $46.6B | $91.8B | ||
| Q1 25 | $45.7B | $88.0B | ||
| Q4 24 | $44.6B | $85.0B | ||
| Q3 24 | $43.3B | $84.1B | ||
| Q2 24 | $42.3B | $78.5B | ||
| Q1 24 | $41.3B | $74.4B |
| Q4 25 | 1.45× | 0.47× | ||
| Q3 25 | — | 0.46× | ||
| Q2 25 | — | 0.50× | ||
| Q1 25 | — | 0.51× | ||
| Q4 24 | 1.47× | 0.55× | ||
| Q3 24 | — | 0.47× | ||
| Q2 24 | — | 0.56× | ||
| Q1 24 | — | 0.49× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $956.0M | $1.2B |
| Free Cash FlowOCF − Capex | $-54.0M | — |
| FCF MarginFCF / Revenue | -3.0% | — |
| Capex IntensityCapex / Revenue | 56.7% | — |
| Cash ConversionOCF / Net Profit | 3.78× | 9.13× |
| TTM Free Cash FlowTrailing 4 quarters | $-775.0M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $956.0M | $1.2B | ||
| Q3 25 | $1.1B | $937.0M | ||
| Q2 25 | $862.0M | $1.6B | ||
| Q1 25 | $431.0M | $956.0M | ||
| Q4 24 | $817.0M | $1.3B | ||
| Q3 24 | $897.0M | $2.1B | ||
| Q2 24 | $557.0M | $1.1B | ||
| Q1 24 | $492.0M | $1.5B |
| 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 | — | ||
| Q1 24 | $-398.0M | — |
| 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% | — | ||
| Q1 24 | -21.9% | — |
| 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% | — | ||
| Q1 24 | 49.0% | — |
| Q4 25 | 3.78× | 9.13× | ||
| Q3 25 | 1.72× | 7.94× | ||
| Q2 25 | 3.11× | 40.50× | ||
| Q1 25 | 1.49× | — | ||
| Q4 24 | 3.93× | 4.04× | ||
| Q3 24 | 1.96× | — | ||
| Q2 24 | 2.14× | 5.20× | ||
| Q1 24 | 1.88× | 13.34× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
