financial statements

The full income statement, balance sheet, and cash-flow statement for Ameren Corporation (AEE), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.

See the live AEE chart & snapshot →

PeriodRangeOrderChangeYoYQoQAs-reported fiscal years.

Line item	FY2025	FY2024	FY2023	FY2022	FY2021
Income Statement	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
Revenue	8.80B YoY+15.4%	7.62B YoY+1.6%	7.50B YoY-5.7%	7.96B YoY+24.4%	6.39B YoY+10.4%
	6.77B YoY+10.9%	6.11B YoY+2.8%	5.94B YoY-7.8%	6.44B YoY+27.3%	5.06B YoY+12.6%
Provision for credit losses	51.0M YoY+30.8%	39.0M YoY-23.5%	51.0M YoY+50.0%	34.0M YoY+277.8%	9.00M YoY-81.3%
Operating income	2.03B YoY+33.6%	1.52B YoY-2.7%	1.56B YoY+2.8%	1.51B YoY+13.7%	1.33B YoY+2.5%
Interest expense	776M YoY+17.0%	663M YoY+17.1%	566M YoY+16.5%	486M YoY+26.9%	383M YoY-8.6%
Other non-operating income	347M YoY-16.8%	417M YoY+19.8%	348M YoY+54.0%	226M YoY+11.9%	202M YoY+33.8%
Equity-method income	-19.0M YoY-375.0%	-4.00M YoY-500.0%	1.00M YoY-50.0%	2.00M YoY-83.3%	12.0M YoY+300.0%
Pre-tax income	1.60B YoY+25.7%	1.27B YoY-5.2%	1.34B YoY+6.8%	1.25B YoY+8.9%	1.15B YoY+11.6%
Income tax	136M YoY+63.9%	83.0M YoY-54.6%	183M YoY+4.0%	176M YoY+12.1%	157M YoY+1.3%
	1.46B YoY+23.1%	1.19B YoY+2.6%	1.16B YoY+7.2%	1.08B YoY+8.4%	995M YoY+13.5%
Net income to non-controlling interest	5.00M YoY+0.0%	5.00M YoY+0.0%	5.00M YoY+0.0%	5.00M YoY+0.0%	5.00M YoY-16.7%
Net income to common	1.46B YoY+23.2%	1.18B YoY+2.6%	1.15B YoY+7.3%	1.07B YoY+8.5%	990M YoY+13.7%
	$5.35 YoY+21.0%	$4.42 YoY+0.9%	$4.38 YoY+5.8%	$4.14 YoY+7.8%	$3.84 YoY+9.7%
EPS (basic)	$5.38 YoY+21.4%	$4.43 YoY+0.9%	$4.39 YoY+5.5%	$4.16 YoY+7.8%	$3.86 YoY+9.3%
Weighted-avg shares (basic)	271M YoY+1.4%	267M YoY+1.5%	263M YoY+1.7%	258M YoY+0.8%	256M YoY+3.8%
Weighted-avg shares (diluted)	272M YoY+1.8%	267M YoY+1.5%	263M YoY+1.5%	260M YoY+0.7%	258M YoY+3.6%
Balance Sheet	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
	2.57B YoY+13.6%	2.26B YoY+3.8%	2.18B YoY-18.3%	2.67B YoY+35.6%	1.97B YoY+19.1%
Cash & equivalents	13.0M YoY+85.7%	7.00M YoY-72.0%	25.0M YoY+150.0%	10.0M YoY+25.0%	8.00M YoY-94.2%
Accounts receivable	665M YoY+26.7%	525M YoY+6.3%	494M YoY-17.7%	600M YoY+38.2%	434M YoY+4.6%
Inventory	774M YoY+1.6%	762M YoY+4.0%	733M YoY+9.9%	667M YoY+12.7%	592M YoY+13.6%
Other current assets	210M YoY+29.6%	162M YoY+16.5%	139M YoY-10.3%	155M YoY+0.0%	155M YoY+14.8%
	48.5B YoY+8.7%	44.6B YoY+9.2%	40.8B YoY+7.7%	37.9B YoY+6.1%	35.7B YoY+11.6%
Property, plant & equipment	39.3B YoY+8.3%	36.3B YoY+7.5%	33.8B YoY+8.0%	31.3B YoY+6.8%	29.3B YoY+9.2%
Operating lease right-of-use	76.0M YoY+5.6%	72.0M YoY+100.0%	36.0M YoY+0.0%	36.0M YoY+0.0%	36.0M YoY+0.0%
Goodwill	411M YoY+0.0%	411M YoY+0.0%	411M YoY+0.0%	411M YoY+0.0%	411M YoY+0.0%
Intangible assets	20.0M YoY+0.0%	20.0M YoY+0.0%	20.0M YoY+0.0%	20.0M YoY+0.0%	20.0M YoY+0.0%
Deferred tax assets	0.00	0.00	0.00	0.00	0.00
Other non-current assets	1.15B YoY+2.8%	1.12B YoY+21.9%	921M YoY+19.9%	768M YoY-13.8%	891M YoY+12.9%
	3.91B YoY+14.5%	3.41B YoY+2.0%	3.35B YoY-0.6%	3.37B YoY+19.1%	2.83B YoY+29.6%
Accrued liabilities	1.25B YoY+18.4%	1.06B YoY-6.8%	1.14B YoY-2.0%	1.16B YoY+5.8%	1.09B YoY+14.3%
Deferred revenue	238M YoY+6.7%	223M YoY+26.7%	176M YoY+53.0%	115M YoY+5.5%	109M YoY+0.0%
Short-term & current debt	973M YoY+206.9%	317M YoY-62.7%	849M YoY+149.7%	340M YoY-32.7%	505M YoY+6212.5%
Current lease liability	3.00M YoY-40.0%	5.00M YoY-28.6%	7.00M YoY+0.0%	7.00M YoY+0.0%	7.00M YoY+0.0%
Other current liabilities	570M YoY+20.0%	475M YoY-5.2%	501M YoY-26.5%	682M YoY+0.1%	681M YoY+39.3%
Long-term debt	18.2B YoY+5.5%	17.3B YoY+14.2%	15.1B YoY+10.5%	13.7B YoY+8.9%	12.6B YoY+13.4%
Non-current lease liability	73.0M YoY+9.0%	67.0M YoY+131.0%	29.0M YoY+0.0%	29.0M YoY+0.0%	29.0M YoY+0.0%
Deferred tax liabilities	2.88B YoY+0.0%	2.88B YoY+0.0%	2.88B YoY+0.0%	2.88B YoY+0.0%	2.88B YoY+0.0%
Other non-current liabilities	540M YoY+10.9%	487M YoY+14.3%	426M YoY+25.3%	340M YoY-17.9%	414M YoY-17.7%
	13.4B YoY+10.6%	12.1B YoY+6.7%	11.3B YoY+8.0%	10.5B YoY+8.3%	9.70B YoY+8.5%
Preferred stock	142M YoY+0.0%	142M YoY+0.0%	142M YoY+0.0%	142M YoY+0.0%	142M YoY+0.0%
Common stock	3.00M YoY+0.0%	3.00M YoY+0.0%	3.00M YoY+0.0%	3.00M YoY+0.0%	3.00M YoY+0.0%
Additional paid-in capital	8.11B YoY+7.9%	7.51B YoY+4.1%	7.22B YoY+5.2%	6.86B YoY+5.5%	6.50B YoY+5.2%
Retained earnings	5.29B YoY+14.9%	4.60B YoY+11.3%	4.14B YoY+13.4%	3.65B YoY+14.6%	3.18B YoY+15.4%
Accumulated other comprehensive income	0.00 YoY+100.0%	-6.00M YoY+0.0%	-6.00M YoY-500.0%	-1.00M YoY-107.7%	13.0M YoY+1400.0%
Non-controlling interest	129M YoY+0.0%	129M YoY+0.0%	129M YoY+0.0%	129M YoY+0.0%	129M YoY-9.2%
Total equity incl. non-controlling	13.5B YoY+10.5%	12.2B YoY+6.7%	11.5B YoY+7.9%	10.6B YoY+8.2%	9.83B YoY+8.2%
Total liabilities & equity	48.5B YoY+8.7%	44.6B YoY+9.2%	40.8B YoY+7.7%	37.9B YoY+6.1%	35.7B YoY+11.6%
Common shares issued	276M YoY+2.4%	270M	—	—	—
Common shares outstanding	276M YoY+2.4%	270M YoY+1.4%	266M YoY+1.6%	262M YoY+1.7%	258M YoY+1.7%
Shares outstanding (cover)	270M YoY+1.3%	267M YoY+1.5%	263M YoY+1.7%	259M YoY+0.4%	258M YoY+4.2%
Cash Flow	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
	3.35B YoY+21.4%	2.76B YoY+7.8%	2.56B YoY+13.3%	2.26B YoY+36.2%	1.66B YoY-3.8%
Depreciation & amortization	1.61B YoY+5.8%	1.52B YoY+6.4%	1.43B YoY+4.3%	1.37B YoY+12.6%	1.22B YoY+5.7%
Share-based compensation	28.0M YoY+0.0%	28.0M YoY+7.7%	26.0M YoY+8.3%	24.0M YoY+9.1%	22.0M YoY+4.8%
Change in inventory	12.0M YoY-61.3%	31.0M YoY-53.7%	67.0M YoY-13.0%	77.0M YoY+8.5%	71.0M YoY+184.0%
	-4.14B YoY+7.0%	-4.46B YoY-17.3%	-3.80B YoY-12.7%	-3.37B YoY+4.5%	-3.53B YoY-6.0%
Capital expenditure	4.13B YoY-4.4%	4.32B YoY+20.1%	3.60B YoY+7.3%	3.35B YoY-3.7%	3.48B YoY+7.6%
Other investing activities	-53.0M YoY-303.8%	26.0M YoY+2500.0%	1.00M YoY+104.3%	-23.0M YoY-187.5%	-8.00M YoY+27.3%
	884M YoY-49.5%	1.75B YoY+35.6%	1.29B YoY+10.4%	1.17B YoY-32.1%	1.72B YoY-0.3%
Long-term debt issued	1.96B YoY-22.7%	2.54B YoY+10.5%	2.29B YoY+56.4%	1.47B YoY-26.5%	2.00B YoY-8.5%
Net short-term debt	-499M YoY-182.2%	607M YoY+213.9%	-533M YoY-202.1%	522M YoY+849.1%	55.0M YoY+10.0%
Common stock issued	574M YoY+110.3%	273M YoY-21.1%	346M YoY+3.9%	333M YoY+8.1%	308M YoY-35.3%
Dividends paid	768M YoY+7.6%	714M YoY+7.9%	662M YoY+8.5%	610M YoY+8.0%	565M YoY+14.4%
Other financing activities	0.00 YoY+100.0%	-15.0M YoY-50.0%	-10.0M	0.00 YoY+100.0%	-13.0M
Net change in cash	92.0M YoY+64.3%	56.0M YoY+0.0%	56.0M YoY-8.2%	61.0M YoY+141.8%	-146M YoY-216.8%
Interest paid	755M YoY+23.6%	611M YoY+11.9%	546M YoY+14.7%	476M YoY+11.7%	426M YoY+11.2%
Income taxes paid	-312M YoY-239.1%	-92.0M YoY-283.3%	-24.0M YoY-200.0%	-8.00M YoY-700.0%	-1.00M YoY-107.7%
Valuation Ratios	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
Market cap	27.0B YoY+13.5%	23.8B YoY+25.1%	19.0B YoY-17.3%	23.0B YoY+0.3%	22.9B YoY+18.8%
P/E	18.5× YoY-7.8%	20.0× YoY+22.5%	16.4× YoY-25.9%	22.1× YoY-4.2%	23.0× YoY+4.7%
P/S	3.1× YoY-1.6%	3.1× YoY+30.2%	2.4× YoY-22.2%	3.1× YoY-14.1%	3.6× YoY+7.7%
P/B	2.0× YoY+2.6%	2.0× YoY+14.1%	1.7× YoY-23.6%	2.3× YoY-4.7%	2.4× YoY+9.5%
Earnings yield	5.4% YoY+8.4%	5.0% YoY-18.4%	6.1% YoY+34.9%	4.5% YoY+4.4%	4.3% YoY-4.5%
Source filing	10-K	10-K	10-K	10-K	10-K

About this data

Source: AEE's SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn't file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all AEE filings on SEC EDGAR → Not investment advice.

AEE▼ financial statements

About this data

financial statements