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Side-by-side financial comparison of Ameren (AEE) and UGI CORP (UGI). Click either name above to swap in a different company.
UGI CORP is the larger business by last-quarter revenue ($2.1B vs $1.8B, roughly 1.2× Ameren). UGI CORP runs the higher net margin — 14.4% vs 14.2%, a 0.2% gap on every dollar of revenue. On growth, UGI CORP posted the faster year-over-year revenue change (3.9% vs -8.2%). Ameren produced more free cash flow last quarter ($-54.0M vs $-155.0M). Over the past eight quarters, Ameren's revenue compounded faster (-0.9% CAGR vs -7.5%).
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...
UGI Corporation is a natural gas and electric power distribution company headquartered in King of Prussia, Pennsylvania, with extensive operations in the United States and Europe.
AEE vs UGI — Head-to-Head
Income Statement — Q4 2025 vs Q1 2026
| Metric | | |
|---|---|---|
| Revenue | $1.8B | $2.1B |
| Net Profit | $253.0M | $297.0M |
| Gross Margin | — | — |
| Operating Margin | 20.2% | 22.0% |
| Net Margin | 14.2% | 14.4% |
| Revenue YoY | -8.2% | 3.9% |
| Net Profit YoY | 21.6% | -20.8% |
| EPS (diluted) | $0.92 | $1.34 |
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 | $2.1B | ||
| Q3 25 | $2.7B | $1.2B | ||
| Q2 25 | $2.2B | $1.4B | ||
| Q1 25 | $2.1B | $2.6B | ||
| Q4 24 | $1.9B | $2.0B | ||
| Q3 24 | $2.2B | $1.2B | ||
| Q2 24 | $1.7B | $1.4B | ||
| Q1 24 | $1.8B | $2.4B |
| Q4 25 | $253.0M | $297.0M | ||
| Q3 25 | $641.0M | $-13.0M | ||
| Q2 25 | $277.0M | $-163.0M | ||
| Q1 25 | $290.0M | $479.0M | ||
| Q4 24 | $208.0M | $375.0M | ||
| Q3 24 | $457.0M | $-273.0M | ||
| Q2 24 | $260.0M | $-48.0M | ||
| Q1 24 | $262.0M | $496.0M |
| Q4 25 | 20.2% | 22.0% | ||
| Q3 25 | 30.6% | 1.1% | ||
| Q2 25 | 18.5% | -6.8% | ||
| Q1 25 | 20.5% | 26.6% | ||
| Q4 24 | 10.2% | 24.5% | ||
| Q3 24 | 27.0% | -20.4% | ||
| Q2 24 | 21.3% | 5.0% | ||
| Q1 24 | 20.4% | 29.7% |
| Q4 25 | 14.2% | 14.4% | ||
| Q3 25 | 23.7% | -1.1% | ||
| Q2 25 | 12.5% | -12.0% | ||
| Q1 25 | 13.8% | 18.2% | ||
| Q4 24 | 10.7% | 18.9% | ||
| Q3 24 | 21.0% | -22.6% | ||
| Q2 24 | 15.4% | -3.6% | ||
| Q1 24 | 14.4% | 20.6% |
| Q4 25 | $0.92 | $1.34 | ||
| Q3 25 | $2.35 | $-0.08 | ||
| Q2 25 | $1.01 | $-0.76 | ||
| Q1 25 | $1.07 | $2.19 | ||
| Q4 24 | $0.77 | $1.74 | ||
| Q3 24 | $1.70 | $-1.26 | ||
| Q2 24 | $0.97 | $-0.23 | ||
| Q1 24 | $0.98 | $2.30 |
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 | $251.0M |
| Total DebtLower is stronger | $19.4B | $6.0B |
| Stockholders' EquityBook value | $13.4B | $5.0B |
| Total Assets | $48.5B | $15.8B |
| Debt / EquityLower = less leverage | 1.45× | 1.19× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $13.0M | $251.0M | ||
| Q3 25 | $9.0M | $335.0M | ||
| Q2 25 | $11.0M | $350.0M | ||
| Q1 25 | $23.0M | $426.0M | ||
| Q4 24 | $7.0M | $240.0M | ||
| Q3 24 | $17.0M | $213.0M | ||
| Q2 24 | $19.0M | $183.0M | ||
| Q1 24 | $85.0M | $263.0M |
| Q4 25 | $19.4B | $6.0B | ||
| Q3 25 | — | $6.5B | ||
| Q2 25 | — | $5.7B | ||
| Q1 25 | — | $6.6B | ||
| Q4 24 | $17.8B | $6.6B | ||
| Q3 24 | — | $6.4B | ||
| Q2 24 | — | $6.3B | ||
| Q1 24 | — | $6.7B |
| Q4 25 | $13.4B | $5.0B | ||
| Q3 25 | $12.8B | $4.8B | ||
| Q2 25 | $12.3B | $4.9B | ||
| Q1 25 | $12.2B | $5.0B | ||
| Q4 24 | $12.1B | $4.6B | ||
| Q3 24 | $11.8B | $4.3B | ||
| Q2 24 | $11.5B | $4.7B | ||
| Q1 24 | $11.4B | $4.8B |
| Q4 25 | $48.5B | $15.8B | ||
| Q3 25 | $47.4B | $15.5B | ||
| Q2 25 | $46.6B | $15.4B | ||
| Q1 25 | $45.7B | $15.7B | ||
| Q4 24 | $44.6B | $15.4B | ||
| Q3 24 | $43.3B | $15.1B | ||
| Q2 24 | $42.3B | $15.1B | ||
| Q1 24 | $41.3B | $15.6B |
| Q4 25 | 1.45× | 1.19× | ||
| Q3 25 | — | 1.37× | ||
| Q2 25 | — | 1.17× | ||
| Q1 25 | — | 1.32× | ||
| Q4 24 | 1.47× | 1.44× | ||
| Q3 24 | — | 1.48× | ||
| Q2 24 | — | 1.34× | ||
| Q1 24 | — | 1.40× |
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 | $66.0M |
| Free Cash FlowOCF − Capex | $-54.0M | $-155.0M |
| FCF MarginFCF / Revenue | -3.0% | -7.5% |
| Capex IntensityCapex / Revenue | 56.7% | 10.7% |
| Cash ConversionOCF / Net Profit | 3.78× | 0.22× |
| TTM Free Cash FlowTrailing 4 quarters | $-775.0M | $282.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $956.0M | $66.0M | ||
| Q3 25 | $1.1B | $90.0M | ||
| Q2 25 | $862.0M | $289.0M | ||
| Q1 25 | $431.0M | $684.0M | ||
| Q4 24 | $817.0M | $164.0M | ||
| Q3 24 | $897.0M | $151.0M | ||
| Q2 24 | $557.0M | $390.0M | ||
| Q1 24 | $492.0M | $522.0M |
| Q4 25 | $-54.0M | $-155.0M | ||
| Q3 25 | $116.0M | $-168.0M | ||
| Q2 25 | $-204.0M | $67.0M | ||
| Q1 25 | $-633.0M | $538.0M | ||
| Q4 24 | $-473.0M | $-47.0M | ||
| Q3 24 | $-240.0M | $-115.0M | ||
| Q2 24 | $-445.0M | $185.0M | ||
| Q1 24 | $-398.0M | $353.0M |
| Q4 25 | -3.0% | -7.5% | ||
| Q3 25 | 4.3% | -14.4% | ||
| Q2 25 | -9.2% | 4.9% | ||
| Q1 25 | -30.2% | 20.4% | ||
| Q4 24 | -24.4% | -2.4% | ||
| Q3 24 | -11.0% | -9.5% | ||
| Q2 24 | -26.3% | 13.7% | ||
| Q1 24 | -21.9% | 14.6% |
| Q4 25 | 56.7% | 10.7% | ||
| Q3 25 | 36.6% | 22.1% | ||
| Q2 25 | 48.0% | 16.3% | ||
| Q1 25 | 50.7% | 5.5% | ||
| Q4 24 | 66.5% | 10.6% | ||
| Q3 24 | 52.3% | 22.0% | ||
| Q2 24 | 59.2% | 15.2% | ||
| Q1 24 | 49.0% | 7.0% |
| Q4 25 | 3.78× | 0.22× | ||
| Q3 25 | 1.72× | — | ||
| Q2 25 | 3.11× | — | ||
| Q1 25 | 1.49× | 1.43× | ||
| Q4 24 | 3.93× | 0.44× | ||
| Q3 24 | 1.96× | — | ||
| Q2 24 | 2.14× | — | ||
| Q1 24 | 1.88× | 1.05× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
