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Side-by-side financial comparison of Ameren (AEE) and M/I HOMES, INC. (MHO). Click either name above to swap in a different company.

Ameren is the larger business by last-quarter revenue ($1.8B vs $1.1B, roughly 1.6× M/I HOMES, INC.). Ameren runs the higher net margin — 14.2% vs 5.6%, a 8.6% gap on every dollar of revenue. On growth, M/I HOMES, INC. posted the faster year-over-year revenue change (-4.8% vs -8.2%). M/I HOMES, INC. produced more free cash flow last quarter ($-13.0M vs $-54.0M). Over the past eight quarters, M/I HOMES, INC.'s revenue compounded faster (4.7% 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...

M/I Homes, Inc. is a leading U.S. residential construction company that designs, builds and sells single-family homes, townhomes and duplexes across multiple U.S. states. It caters to entry-level, move-up and luxury homebuyers, offering energy-efficient designs, flexible floor plans and personalized customization options.

AEE vs MHO — Head-to-Head

Bigger by revenue
AEE
AEE
1.6× larger
AEE
$1.8B
$1.1B
MHO
Growing faster (revenue YoY)
MHO
MHO
+3.4% gap
MHO
-4.8%
-8.2%
AEE
Higher net margin
AEE
AEE
8.6% more per $
AEE
14.2%
5.6%
MHO
More free cash flow
MHO
MHO
$41.0M more FCF
MHO
$-13.0M
$-54.0M
AEE
Faster 2-yr revenue CAGR
MHO
MHO
Annualised
MHO
4.7%
-0.9%
AEE

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
AEE
AEE
MHO
MHO
Revenue
$1.8B
$1.1B
Net Profit
$253.0M
$64.0M
Gross Margin
17.4%
Operating Margin
20.2%
6.5%
Net Margin
14.2%
5.6%
Revenue YoY
-8.2%
-4.8%
Net Profit YoY
21.6%
-52.1%
EPS (diluted)
$0.92
$2.42

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
MHO
MHO
Q4 25
$1.8B
$1.1B
Q3 25
$2.7B
$1.1B
Q2 25
$2.2B
$1.2B
Q1 25
$2.1B
$976.1M
Q4 24
$1.9B
$1.2B
Q3 24
$2.2B
$1.1B
Q2 24
$1.7B
$1.1B
Q1 24
$1.8B
$1.0B
Net Profit
AEE
AEE
MHO
MHO
Q4 25
$253.0M
$64.0M
Q3 25
$641.0M
$106.5M
Q2 25
$277.0M
$121.2M
Q1 25
$290.0M
$111.2M
Q4 24
$208.0M
$133.5M
Q3 24
$457.0M
$145.4M
Q2 24
$260.0M
$146.7M
Q1 24
$262.0M
$138.1M
Gross Margin
AEE
AEE
MHO
MHO
Q4 25
17.4%
Q3 25
24.5%
Q2 25
24.7%
Q1 25
25.9%
Q4 24
24.6%
Q3 24
27.1%
Q2 24
27.9%
Q1 24
27.1%
Operating Margin
AEE
AEE
MHO
MHO
Q4 25
20.2%
6.5%
Q3 25
30.6%
12.0%
Q2 25
18.5%
13.4%
Q1 25
20.5%
14.4%
Q4 24
10.2%
13.6%
Q3 24
27.0%
15.9%
Q2 24
21.3%
16.8%
Q1 24
20.4%
16.6%
Net Margin
AEE
AEE
MHO
MHO
Q4 25
14.2%
5.6%
Q3 25
23.7%
9.4%
Q2 25
12.5%
10.4%
Q1 25
13.8%
11.4%
Q4 24
10.7%
11.1%
Q3 24
21.0%
12.7%
Q2 24
15.4%
13.2%
Q1 24
14.4%
13.2%
EPS (diluted)
AEE
AEE
MHO
MHO
Q4 25
$0.92
$2.42
Q3 25
$2.35
$3.92
Q2 25
$1.01
$4.42
Q1 25
$1.07
$3.98
Q4 24
$0.77
$4.71
Q3 24
$1.70
$5.10
Q2 24
$0.97
$5.12
Q1 24
$0.98
$4.78

Balance Sheet & Financial Strength

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

Metric
AEE
AEE
MHO
MHO
Cash + ST InvestmentsLiquidity on hand
$13.0M
Total DebtLower is stronger
$19.4B
Stockholders' EquityBook value
$13.4B
$3.2B
Total Assets
$48.5B
$4.8B
Debt / EquityLower = less leverage
1.45×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AEE
AEE
MHO
MHO
Q4 25
$13.0M
Q3 25
$9.0M
Q2 25
$11.0M
Q1 25
$23.0M
Q4 24
$7.0M
Q3 24
$17.0M
Q2 24
$19.0M
Q1 24
$85.0M
Total Debt
AEE
AEE
MHO
MHO
Q4 25
$19.4B
Q3 25
Q2 25
Q1 25
Q4 24
$17.8B
Q3 24
Q2 24
Q1 24
Stockholders' Equity
AEE
AEE
MHO
MHO
Q4 25
$13.4B
$3.2B
Q3 25
$12.8B
$3.1B
Q2 25
$12.3B
$3.1B
Q1 25
$12.2B
$3.0B
Q4 24
$12.1B
$2.9B
Q3 24
$11.8B
$2.8B
Q2 24
$11.5B
$2.7B
Q1 24
$11.4B
$2.6B
Total Assets
AEE
AEE
MHO
MHO
Q4 25
$48.5B
$4.8B
Q3 25
$47.4B
$4.8B
Q2 25
$46.6B
$4.7B
Q1 25
$45.7B
$4.6B
Q4 24
$44.6B
$4.5B
Q3 24
$43.3B
$4.5B
Q2 24
$42.3B
$4.3B
Q1 24
$41.3B
$4.2B
Debt / Equity
AEE
AEE
MHO
MHO
Q4 25
1.45×
Q3 25
Q2 25
Q1 25
Q4 24
1.47×
Q3 24
Q2 24
Q1 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
MHO
MHO
Operating Cash FlowLast quarter
$956.0M
$-8.7M
Free Cash FlowOCF − Capex
$-54.0M
$-13.0M
FCF MarginFCF / Revenue
-3.0%
-1.1%
Capex IntensityCapex / Revenue
56.7%
0.4%
Cash ConversionOCF / Net Profit
3.78×
-0.14×
TTM Free Cash FlowTrailing 4 quarters
$-775.0M
$127.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AEE
AEE
MHO
MHO
Q4 25
$956.0M
$-8.7M
Q3 25
$1.1B
$43.4M
Q2 25
$862.0M
$37.8M
Q1 25
$431.0M
$64.9M
Q4 24
$817.0M
$104.4M
Q3 24
$897.0M
$-67.9M
Q2 24
$557.0M
$27.5M
Q1 24
$492.0M
$115.8M
Free Cash Flow
AEE
AEE
MHO
MHO
Q4 25
$-54.0M
$-13.0M
Q3 25
$116.0M
$42.0M
Q2 25
$-204.0M
$35.1M
Q1 25
$-633.0M
$63.5M
Q4 24
$-473.0M
$102.3M
Q3 24
$-240.0M
$-68.5M
Q2 24
$-445.0M
$22.0M
Q1 24
$-398.0M
$115.5M
FCF Margin
AEE
AEE
MHO
MHO
Q4 25
-3.0%
-1.1%
Q3 25
4.3%
3.7%
Q2 25
-9.2%
3.0%
Q1 25
-30.2%
6.5%
Q4 24
-24.4%
8.5%
Q3 24
-11.0%
-6.0%
Q2 24
-26.3%
2.0%
Q1 24
-21.9%
11.0%
Capex Intensity
AEE
AEE
MHO
MHO
Q4 25
56.7%
0.4%
Q3 25
36.6%
0.1%
Q2 25
48.0%
0.2%
Q1 25
50.7%
0.1%
Q4 24
66.5%
0.2%
Q3 24
52.3%
0.1%
Q2 24
59.2%
0.5%
Q1 24
49.0%
0.0%
Cash Conversion
AEE
AEE
MHO
MHO
Q4 25
3.78×
-0.14×
Q3 25
1.72×
0.41×
Q2 25
3.11×
0.31×
Q1 25
1.49×
0.58×
Q4 24
3.93×
0.78×
Q3 24
1.96×
-0.47×
Q2 24
2.14×
0.19×
Q1 24
1.88×
0.84×

Financial Flow Comparison

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

Revenue Breakdown by Segment

AEE
AEE

Segment breakdown not available.

MHO
MHO

Southern Homebuilding$615.6M54%
Northern Homebuilding$503.9M44%
Financial Service$27.8M2%
Land$4.7M0%

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