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Ameren Corporation (AEE) Stock: Price, Forecast & Analyst Target

Ameren Corporation (AEE) — MoonshotScore 55/100 (Fair band), calculated Oct 5, 2026. Price $99.70 (-0.24%), as of the Oct 6, 2026 trading session; market cap $27.6B. Expected results Nov 4, 2026.

Educational signal · not a buy or sell recommendation · How to read this

$99.70 −$0.24 (-0.24%) Market Cap $27.6B

Ameren Corporation · AEE · NYSE · Utilities · Regulated Electric

Research dated 2026-09-12: Ameren is a regulated utility holding company whose earnings come from electric generation, transmission and distribution, alongside natural-gas delivery, with electricity supplying the dominant revenue stream. Its case rests on whether contracted demand and an expanding regulated asset base can support earnings while heavy construction spending and debt keep financing needs elevated.

Price as of Oct 6, 2026

Key Statistics

55 of 100

MoonshotScore v2 · Ameren (AEE)

Fair
Business Quality Average (59)
Financial Safety Okay (40)
Valuation Full (42)
Growth Durability Compounding (93)
Momentum Quiet (52)
Why this rating? Method, drivers & history

Bands for the MoonshotScore: Exceptional 80-100 · Strong 65-79 · Fair 45-64 · Weak below 45.

  • Business Quality — Is this a genuinely good business?
  • Financial Safety — Could this blow up on me?
  • Valuation — Am I paying a fair price?
  • Growth Durability — Is the growth real and likely to last?
  • Momentum — Is the market already moving on this?
The ten-second read ·

Elite growth, though the balance sheet is only middling. Business Quality: Average; Financial Safety: Okay; Valuation: Full; Growth Durability: Compounding; Momentum: Quiet.

  • quarterly revenue $2.09B (Q2 FY2026, quarter ended Jun 2026)
  • EPS beat 5 of 8
  • expected results Nov 4, 2026

Helping: durable growth

What has the MoonshotScore done over time?

MoonshotScore snapshots recorded for AEE (30 recorded, newest six shown)
RecordedScoreBand
54Fair
54Fair
54Fair
54Fair
54Fair
55Fair

The score moved from 54 in the stored Oct 4, 2026 snapshot to 55 in the current publication computed Oct 5, 2026 (+1); the largest pillar moves were Momentum -1.

Calculation uses the most recent completed US trading session. Live price changes do not update the score immediately.

Computed · Educational signal · not a buy or sell recommendation · How the MoonshotScore is computed →

Price & valuation

Dates shown where recorded
MeasureValueAs of
Latest provided price$99.70
Change on the day-0.24%
52-week range$96.57–$118.32
Market capitalisation$27.6B
Price / earnings (trailing)17.44
Beta (volatility vs the S&P 500)0.47

Price & events

Weekly closing price with reported quarters marked Weekly closing price from Sep 5, 2025 to Oct 6, 2026: low $97, high $118, latest $100. $118 $97 high $118 Sep 5, 2025 Oct 6, 2026 · $100 $101Sep 5, 2025$99Sep 19, 2025$104Oct 3, 2025$106Oct 17, 2025$102Oct 31, 2025$105Nov 14, 2025$106Nov 28, 2025$97Dec 12, 2025$100Dec 26, 2025$100Jan 9, 2026$102Jan 23, 2026$105Feb 6, 2026$110Feb 20, 2026$112Mar 6, 2026$106Mar 20, 2026$112Apr 2, 2026$113Apr 17, 2026$114May 1, 2026$106May 15, 2026$108May 29, 2026$109Jun 12, 2026$118Jun 26, 2026$113Jul 10, 2026$114Jul 24, 2026$109Aug 7, 2026$106Aug 21, 2026$106Sep 4, 2026$102Sep 18, 2026$100Oct 2, 2026

Point at or tab to any week for its close.

Other perspectives

Council score for Ameren (AEE): perspectives

Council is a separate blend of available disciplines; MoonshotScore above remains the five-pillar research rating.

5-Factor Breakdown

Growth Durability Strong
Momentum Neutral
Business Quality Neutral
Financial Safety Neutral
Valuation Neutral

Legends Council

4 lenses, 0 current

AI simulations built from the named investors' published principles. Not affiliated with, endorsed by, or the opinion of these individuals. How these lenses are built

Griffin-style lens (simulated) Ken Griffin Favorable read
Englander-style lens (simulated) Izzy Englander Unfavorable read
Klarman-style lens (simulated) Seth Klarman Unfavorable read
Moon AI lens (model) Favorable read

Read on: Sep 30, 2026 · older than the 27 hours refresh window; not a current reading

Munger's Mindset

Balance Sheet & Valuation · historical

Financial Health Neutral
Margin of Safety Undervalued
Profit Margin Moderate
Revenue Growth Moderate
Debt/Equity Negative
ROE Neutral
Gross Margin Moderate

Read on: Sep 10, 2026 · older than the 27 hours refresh window; not a current reading

How to read these bars and different assessments

Council is a separate blend of available disciplines; MoonshotScore above remains the five-pillar research rating.

Bars show each model's ordered assessment on its own scale, not a probability or a comparable investment return. The adjacent words give the assessment; more filled segments indicate a stronger model reading.

On Sep 10, 2026, the Munger lens read the price at that time as undervalued against its own estimate of value.

Readings on this page are from Oct 6, 2026, except a card that shows its own read date.

Watch the AEE film — every key number, told as a short cinematic story

~2 min · open the film

1 · What is it?

What is Ameren (AEE), and what does it report?

Short answer · as of

Ameren serves residential, commercial and industrial customers through Ameren Missouri, Ameren Illinois Electric Distribution, Ameren Illinois Natural Gas and Ameren Transmission.

Research dated 2026-09-12.

Ameren serves residential, commercial and industrial customers through Ameren Missouri, Ameren Illinois Electric Distribution, Ameren Illinois Natural Gas and Ameren Transmission. It is not merely a power generator: customer bills also compensate regulated networks that move and deliver electricity and natural gas.

Consolidated revenue therefore blends generation and network activity, while the segment view shows a business weighted heavily toward electricity. The generation portfolio spans coal, nuclear, natural gas, hydroelectric, wind, methane gas and solar, leaving Ameren with a broader operating footprint than a pure distribution utility.

Sources (as of 2026-09-12): Business description; Sector / industry (provider taxonomy); Revenue by segment

2 · Latest results

What do the latest results show for Ameren (AEE)?

Short answer · as of

The most recent reported quarter, Q2 FY2026, carried revenue of $2.09B.

Research dated 2026-09-12.

The latest period brought lower revenue than the comparable period, yet gross profit, operating profit, net income and diluted earnings per share improved. Earnings exceeded the prevailing estimate even though revenue fell short, pointing to stronger profitability rather than a clean top-line acceleration.

Management’s growth narrative is forward-looking: signed ESAs could add sales and earnings if demand ramps faster than embedded assumptions, while proposed generation and battery projects would enlarge the investment base. Those plans do not explain the latest margin improvement by themselves; they describe the mechanism management expects to carry growth from here.

Sources (as of 2026-09-12): Quarterly income statement (USD thousands); Annual revenue and net result (USD millions); Reported versus estimated, last 8 quarters; Management outlook — dated call excerpts

Where is operating spending going?

Revenue alongside research and development, selling, general and administrative expenses, and the FMP standardized operating result.

Where is operating spending going? — FMP standardized evidence
Period endRevenueR&DSG&AFMP standardized operating result
Mar 31, 2026Not availableNot availableNot availableNot available
Dec 31, 2025Not availableNot availableNot availableNot available
Sep 30, 2025Not availableNot availableNot availableNot available
Jun 30, 2025Not availableNot availableNot availableNot available

USD. The operating result is the FMP-standardized value supplied by FMP; it may differ from a filing’s GAAP loss from operations when the provider classifies separately presented items differently. It is not net income or cash flow.

Quarterly income statement — 4 quarters
Revenue, net income and earnings per share by quarter
PeriodRevenueNet incomeEPS
Q2 FY2026$2.09B$314M$1.13 (diluted)
Q1 FY2026$2.18B$357M$1.28 (diluted)
Q4 FY2025$1.78B$252M$0.92 (diluted)
Q3 FY2025$2.70B$640M$2.36 (diluted)
3 · Financial strengths and risks

What are the financial strengths and risks for Ameren (AEE)?

Short answer

Cash and short-term investments were $0.00 at the Mar 31, 2026 balance-sheet date. This figure does not establish a cash runway.

Research dated 2026-09-12.

Regulated operations produced positive operating cash flow throughout the reported series, and recent annual revenue and net income advanced. The earnings record has also been comparatively steady, with recent results meeting or exceeding consensus more often than falling short.

Capital expenditure exceeded operating cash flow across most observed periods, leaving free cash flow negative and making external financing structurally important. Debt is substantial, cash and short-term investments are thin, and the current and quick ratios sit below full coverage of near-term obligations.

The larger cash-and-investments total is dominated by long-term investments carrying an unclassified designation, so it should not be treated as equivalent to immediately available cash. Ameren’s main financial vulnerability is therefore the combination of a large construction program, limited short-term liquidity and continued dependence on access to capital; the distress and quality screens reinforce the need to watch financing capacity rather than treating regulated revenue as sufficient protection.

Sources (as of 2026-09-12): Annual revenue and net result (USD millions); Operating cash flow by quarter (USD millions); Reported versus estimated, last 8 quarters; Cash, investments and debt; Cash and investment components; Cash and short-term investments over time (USD millions); Cash against market value; Trailing twelve-month ratio set; Distress and quality screens

4 · What to check next?

What should you watch next at Ameren (AEE)?

Short answer · as of

The next earnings report is expected on Nov 4, 2026.

Research dated 2026-09-12.

Ameren’s next operating checkpoint is whether revenue recovers while earnings preserve the recent pattern of outperforming expectations. The longer-range consensus path assumes continuing gains in revenue and earnings, so weak sales without offsetting profitability would challenge that progression.

The company-specific milestones are the pace at which the signed ESAs begin contributing, regulatory action on the planned West Alton combined-cycle facility and battery storage, and management’s promised update on investment, rate-base growth and earnings expectations. Funding deserves equal attention: operating cash flow needs to close more of the gap with capital expenditure, or debt and other financing will remain central to execution.

Sources (as of 2026-09-12): Next earnings report; Reported versus estimated, last 8 quarters; Analyst revenue and earnings estimates (average); Management outlook — dated call excerpts; Operating cash flow by quarter (USD millions); Cash, investments and debt

What the records here don't tell us

  • No forward revenue or earnings estimate is on file.

Checked against the records this page reads, on the dates shown above.

5 · Peer comparison

How does Ameren compare with its peers?

Short answer

Ameren's score ranks 4th of 13 in the bounded comparison shown, against 12 same-model peers. These are company scores, not expected investment returns. The set lists named competitors first, then companies in the same data-provider industry classification closest in market value; that classification is the provider's, not our judgment of business similarity.

Research dated 2026-09-12.

Ameren combines regulated generation with electric transmission and distribution, plus a smaller natural-gas delivery business. That makes it operationally different from a utility confined to wires and pipes, because generation mix, new supply commitments and plant construction sit alongside network investment.

Its peer comparison consequently depends less on commodity sales alone than on the relationship among regulated investment, customer demand and financing. The broad generation fleet and signed ESAs provide identifiable expansion channels, while persistent capital spending above internally generated cash creates a funding burden that a less construction-intensive utility may not share.

Sources (as of 2026-09-12): Business description; Revenue by segment; Management outlook — dated call excerpts; Operating cash flow by quarter (USD millions); Cash, investments and debt

Peer set — price, market value and MoonshotScore
CompanyPriceMarket valueScore
Consolidated Edison, Inc. (ED) Same industry, near in market value$103.38 Oct 5, 2026$38.1B86 5-pillar Oct 5, 2026
Public Service Enterprise Group Incorporated (PEG) Same industry, near in market value$68.68 Oct 5, 2026$34.2B71 5-pillar Oct 5, 2026
WEC Energy Group, Inc. (WEC) Same industry, near in market value$101.30 Oct 5, 2026$33.0B57 5-pillar Oct 5, 2026
Ameren (AEE) — this page$99.70$27.6B55
The Southern Company (SO) Named competitor$83.79 Oct 5, 2026$96.4B54 5-pillar Oct 5, 2026
Edison International (EIX) Same industry, near in market value$54.24 Oct 5, 2026$20.9B53 5-pillar Oct 5, 2026
Eversource Energy (ES) Same industry, near in market value$64.69 Oct 5, 2026$24.5B52 5-pillar Oct 5, 2026
PPL Corporation (PPL) Named competitor$32.95 Oct 5, 2026$24.7B51 5-pillar Oct 5, 2026
FirstEnergy Corp. (FE) Same industry, near in market value$43.65 Oct 5, 2026$25.4B48 5-pillar Oct 5, 2026
CenterPoint Energy, Inc. (CNP) Same industry, near in market value$37.75 Oct 5, 2026$24.9B46 5-pillar Oct 5, 2026
DTE Energy Company (DTE) Named competitor$125.04 Oct 5, 2026$25.9B44 5-pillar Oct 5, 2026
Southern Company (The) Series 2 (SOJD) Same industry, near in market value$17.77 Oct 5, 2026$20.0B44 5-pillar Oct 5, 2026
Fortis Inc. (FTS) Named competitor$52.57 Oct 5, 2026$26.8B43 5-pillar Oct 5, 2026

Only 5-pillar scores are ranked together. Other models are not directly comparable. Price and score dates are shown separately; market-value dates are unavailable.

Screen more Utilities stocks

The records behind this page

Analyst targets & estimates

What analysts have on file

Price target, low to high
$104.00 – $126.00
Consensus target
$116.33
Median target
$118.00

Consensus record · Captured .

Measured against a quoted price of $99.70 (as of Oct 6, 2026).

Insider activity

Form 4 records via FMP · Of the newest 100 records, those within the last 180 days, newest dated Sep 11, 2026

Transactions
11
Identified insiders
7
Purchases
0
Sales
8
Other transactions
3

Purchases and sales use the reported transaction category. Other transactions include awards, exercises, gifts, withholding and unclassified activity; an acquisition or disposition alone is not a purchase or sale. These records do not establish intent.

What has been published about Ameren (AEE)?

Read these with our analysis →

What Investors Ask About Ameren (AEE) — Utilities

Research dated 2026-09-12; the answers below are from that research, and the full attribution is under Sources. The last 3 questions are answered from this page's own dated data, not from the research.

Why do Ameren’s signed ESAs matter to the earnings story?

The agreements create a potential source of incremental electricity sales and earnings if contracted demand ramps faster than management already assumes. Their importance lies in actual load conversion, not merely the signed capacity.

Sources (as of 2026-09-12): Management outlook — dated call excerpts

What would the West Alton project change for Ameren Missouri?

West Alton would add a major combined-cycle generation facility to Ameren Missouri’s planned buildout, alongside additional battery storage. Regulatory progress would clarify how much of that construction enters the investment plan and supports future rate-base growth.

Sources (as of 2026-09-12): Management outlook — dated call excerpts; Business description

How important is natural gas beside Ameren’s electric operations?

Natural gas distribution and transmission broaden Ameren’s regulated footprint, but electricity supplies the clear majority of segment revenue. The company is therefore best understood as an electric-led utility with a meaningful gas network, not a balanced split between the businesses.

Sources (as of 2026-09-12): Revenue by segment; Business description

Can Ameren fund its buildout from operating cash flow?

Operating cash flow has remained positive, but capital expenditure has exceeded it across most reported periods. Thin cash and short-term investments, substantial debt and continued project spending mean financing remains part of the buildout mechanism.

Sources (as of 2026-09-12): Operating cash flow by quarter (USD millions); Cash, investments and debt; Cash and short-term investments over time (USD millions); Trailing twelve-month ratio set

What is the AEE stock price today?

The last price recorded on this page for Ameren Corporation (AEE) is $99.70, as of the Oct 6, 2026 trading session (source: Financial Modeling Prep (FMP) quote). It is a provider snapshot, not a live exchange feed, so check a brokerage quote before you trade.

What is the AEE price target?

The analyst consensus price target for Ameren Corporation (AEE) is $116.33 (range $104.00 to $126.00, median $118.00), per FMP data captured Oct 5, 2026. Targets are analyst opinions and change often; they are not a Stock Expert AI forecast.

When are AEE's next earnings?

The next earnings date listed on this page for Ameren Corporation (AEE) is Nov 4, 2026. Companies sometimes move report dates, so the company's own announcement is the final word on timing.

Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.

Research written by Codex (gpt-5.6-sol) on 2026-09-12. AI-authored analysis; source dates are shown with each answer. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief.

Sources (as of 2026-09-12): Business description; Sector / industry (provider taxonomy); Revenue by segment; Operating cash flow by quarter (USD millions); Cash, investments and debt; Management outlook — dated call excerpts

Sources — records for every figure on this page (25 figures)

The 25 rows below are exactly the facts the evidence-backed sections of this page printed — the 10-second verdict, the MoonshotScore, price and market value, the five questions with their receipts, and the records behind this page. Known dates and sources are recorded on their own rows; an em dash or UNRECORDED tier preserves a stored observation without inventing either. The quarterly income statement is provider-standardized (FMP) under one row, and scale definitions — a 0-100 rating, the band ladder, the Piotroski 0–9 range — are fixed rather than measured. No number in those sections was generated by a model. The register does not cover quoted third-party headlines, the dated council readings, or the Frequently Asked Questions; each of those says where it came from where it stands.

"As of" is the date the value is true for where the source carries one — a quarter end, a filing date, a price close, the day the score was computed. A cached observation with no source date remains undated; the page publication date is not used as a substitute.

OFFICIAL — 1 fact from SEC filings and earnings calls

OFFICIAL facts used on this page
Fact IDFactValue as shownAs ofTierSource
id.hqSEC filing business address1901 Chouteau AVE, MC 1310, ST Louis, MO, 63166-6149OFFICIALSEC EDGAR filer business address — The SEC filer business address. Our market-data provider separately lists "1901 Chouteau Avenue, Saint Louis, MO, 63103, US".

FMP — 20 facts from Financial Modeling Prep endpoint families

FMP facts used on this page
Fact IDFactValue as shownAs ofTierSource
px.lastLatest provided price$99.70FMPFinancial Modeling Prep (FMP) quote — Dated to the US trading session the price belongs to, derived from the quote record's timestamp (weekend and pre-open reads roll back to the previous weekday; exchange holidays are not modelled). The record does not establish an exchange execution time.
px.changeChange on the day-0.24%FMPFinancial Modeling Prep (FMP) quote
px.mcapMarket capitalization$27.6BFMPFinancial Modeling Prep (FMP) quote — Provider market cap uses the share class it prices; a company with more than one class may show a larger total elsewhere. Market cap record date: 2026-10-06. Source capture time was not supplied. No share-count basis is inferred; this page preserves the reported amount instead of recalculating it from shares.
px.change_absChange on the day, in dollars−$0.24FMPFinancial Modeling Prep (FMP) quote
fin.q_revenueRevenue, Q2 FY2026$2.09BFMPFinancial Modeling Prep (FMP) · income statement (quarterly)
px.range5252-week range$96.57–$118.32FMPFinancial Modeling Prep (FMP) quote
px.pePrice / earnings (trailing)17.44FMPFinancial Modeling Prep (FMP) · quote
px.betaBeta0.47FMPFinancial Modeling Prep (FMP) company profile
id.ceoChief executiveMartin J. Lyons Jr.FMPFinancial Modeling Prep (FMP) key executives (proxy-derived) — Titles and pay come from the company's proxy statement as our provider parsed it.
id.employeesEmployees8,913FMPFinancial Modeling Prep (FMP) company profile
fin.annualRevenue and net result by fiscal year5 fiscal years, FY1970 through FY2025: FY1970 revenue $0.00, net result $0.00; FY2022 revenue $0.00, net result $0.00; FY2023 revenue $0.00, net result $0.00; FY2024 revenue $0.00, net result $0.00; FY2025 revenue $0.00, net result $0.00FMPFinancial Modeling Prep (FMP), from the company's 10-K income statements
fin.gross_marginGross margin (trailing twelve months)52.4%FMPFinancial Modeling Prep (FMP) key-metrics-ttm + ratios-ttm — A ratio our provider could not compute is absent rather than shown as zero.
fin.q_tableQuarterly income statement4 quarters through Q2 FY2026FMPFinancial Modeling Prep (FMP) · income statement (quarterly), as filed
fin.cash_investmentsCash and short-term investments$0.00FMPFinancial Modeling Prep (FMP), from the company's balance sheet — Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability. Long-term investments are excluded and remain unclassified. Restrictions on cash and short-term investments require separate review. The market-value ratio is undefined when the reported amount is zero.
fin.total_debtTotal debt$0.00FMPFinancial Modeling Prep (FMP), from the company's balance sheet — Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability.
fin.price_to_bookPrice to book value2.02×FMPFinancial Modeling Prep (FMP) key-metrics-ttm + ratios-ttm — A ratio our provider could not compute is absent rather than shown as zero.
earn.pt_rangeAnalyst price target, low to high$104.00 – $126.00FMPFinancial Modeling Prep (FMP) · price-target consensus — Captured Oct 5, 2026 · Coverage not supplied
earn.pt_consensusConsensus analyst price target$116.33FMPFinancial Modeling Prep (FMP) · price-target consensus — Captured Oct 5, 2026 · Coverage not supplied
earn.pt_medianMedian analyst price target$118.00FMPFinancial Modeling Prep (FMP) · price-target consensus — Captured Oct 5, 2026 · Coverage not supplied
own.insidersInsider transactions via FMP11 transactions · 0 purchases, 8 sales, 3 other transactions · 7 identified insiders · of the newest 100 records, those within the last 180 days, newest dated Sep 11, 2026FMPFinancial Modeling Prep (FMP), carrying Form 4 transaction records — Purchases and sales use the reported transaction category. Other transactions include awards, exercises, gifts, withholding and unclassified activity; an acquisition or disposition alone is not a purchase or sale. These records do not establish intent.

UNRECORDED — 2 facts from stored observations whose source was not recorded

UNRECORDED facts used on this page
Fact IDFactValue as shownAs ofTierSource
earn.nextNext earnings dateNov 4, 2026UNRECORDEDStored earnings-calendar observation — Captured 2026-09-04
earn.historyReported versus estimated, recent quartersEPS beat 5 of 8UNRECORDEDStored earnings-history observation — Captured 2026-09-15 · Expired observation

OURS — 2 facts from Stock Expert AI's own score and rank

OURS facts used on this page
Fact IDFactValue as shownAs ofTierSource
ours.moonshotMoonshotScore v255 of 100 · Fair · pillars 59 / 40 / 42 / 93 / 52OURSStock Expert AI MoonshotScore v2 engine
ours.moonshot_changeMoonshotScore movement54 (stored snapshot Oct 4, 2026) → 55 (current publication computed Oct 5, 2026) (+1)OURSStock Expert AI current score publication and immutable score snapshots
Published
Research standards
Methodology · Editorial policy · Corrections

Sources used for research written 2026-09-12

Historical evidence preserved with this analysis. Current figures are listed separately above.

EvidenceCaptured valueSource dateSource typeSource
Business description
Operating across the United States, Ameren Corporation functions as a utility holding company. The enterprise organizes its operations into four primary divisions: Ameren Missouri, Ameren Illinois Electric Distribution, Ameren Illinois Natural Gas, and Ameren Transmission. Its fundamental business involves the rate-regulated production, transmission, and supply of electricity, in addition to the rate-regulated distribution and transmission of natural gas. Ameren generates power using a variety of sources, including coal, nuclear energy, and natural gas, supplemented by renewable alternatives such as hydroelectric, wind, methane gas, and solar. Its customer base encompasses residential homes, commercial businesses, and industrial operations. Established in 1881, Ameren Corporation is headquartered in St. Louis, Missouri.
2026-09-12FMPFinancial Modeling Prep (FMP) company profile
Sector / industry (provider taxonomy)
Utilities / Regulated Electric

The company's SEC filings classify it under SIC 4931 — Electric & Other Services Combined.

2026-09-12FMPFinancial Modeling Prep (FMP) company profile
Revenue by segment
Electricity: $7.67B; Natural Gas: $1.13B
2025-12-31FMPFinancial Modeling Prep (FMP) revenue segmentation, from the company's 10-K
Operating cash flow by quarter (USD millions)
Captured record · 8 entries
  • Quarter ended 2026-06-30 — Capital expenditure: -$1.06B, Operating cash flow: $770.00M
  • Quarter ended 2026-03-31 — Capital expenditure: -$1.60B, Operating cash flow: $421.00M
  • Quarter ended 2025-12-31 — Capital expenditure: -$1.04B, Operating cash flow: $956.00M
  • Quarter ended 2025-09-30 — Capital expenditure: -$969.00M, Operating cash flow: $1.10B
  • Quarter ended 2025-06-30 — Capital expenditure: -$1.07B, Operating cash flow: $862.00M
  • Quarter ended 2025-03-31 — Capital expenditure: -$1.08B, Operating cash flow: $431.00M
  • Quarter ended 2024-12-31 — Capital expenditure: -$1.32B, Operating cash flow: $817.00M
  • Quarter ended 2024-09-30 — Capital expenditure: -$1.16B, Operating cash flow: $897.00M
2026-06-30FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements
Cash, investments and debt
Total debt: $21.81B; Liquidity basis: cash and short-term investments; Total liabilities: $37.40B; Cash and short-term investments: $12.00M; Cash and investments: $1.64B; Long-term investments: $1.63B; Long-term investments classification: unclassified

Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability.

2026-06-30FMPFinancial Modeling Prep (FMP), from the company's balance sheet
Management outlook — dated call excerpts
Captured record · 4 entries
  • Call of 2026-05-06 — Quote: In February, we updated our five-year growth plan, which included our expectation to deliver annual earnings per share growth consistently near the upper end of our 6% to 8% compound annual earnings growth rate from 2026 through 2030., Speaker: Martin J. Lyons
  • Call of 2026-05-06 — Quote: We continue to expect that the 2.2 gigawatts of ESAs we signed in February represent upside to our sales and earnings forecast to the extent the sales from the ESAs ramp faster than our existing plan assumption of 1.2 gigawatts by 2030., Speaker: Martin J. Lyons
  • Call of 2026-05-06 — Quote: Further, we expect to file additional CCN requests by the third quarter for approximately three gigawatts of new generation, primarily including the 2.1-gigawatt West Alton combined cycle facility as well as additional battery storage., Speaker: Martin J. Lyons
  • Call of 2026-05-06 — Quote: I think that will be a good milestone in terms of giving a marker for what we expect sales growth to be, what we expect the generation buildout to be, and that should also serve as an opportunity for us to give a good update on our third quarter call with respect to our investment plans, our rate base growth, and earnings expectations looking out over time., Speaker: Martin J. Lyons

Selected verbatim statements from the latest available call, dated by the transcript provider. Management expectations, not completed milestones or guarantees. Relative dates retain the speaker's wording.

2026-05-06OFFICIALCompany earnings call, transcript via Financial Modeling Prep (FMP)
Quarterly income statement (USD thousands)
Captured record · 8 entries
  • Quarter ended 2026-06-30 — EPS: $1.13 per share, SG&A: $0, EPS basic: $1.14 per share, EPS basis: diluted, Revenue: $2.09B, EPS diluted: $1.13 per share, Net result: $314.00M, Gross profit: $1.02B, Operating result: $459.00M
  • Quarter ended 2026-03-31 — EPS: $1.28 per share, SG&A: $0, EPS basic: $1.29 per share, EPS basis: diluted, Revenue: $2.18B, EPS diluted: $1.28 per share, Net result: $357.00M, Gross profit: $1.08B, Operating result: $532.00M
  • Quarter ended 2025-12-31 — EPS: $0.92 per share, SG&A: $0, EPS basic: $0.93 per share, EPS basis: diluted, Revenue: $1.78B, EPS diluted: $0.92 per share, Net result: $252.00M, Gross profit: $498.00M, Operating result: $360.00M
  • Quarter ended 2025-09-30 — EPS: $2.35 per share, SG&A: $0, EPS basic: $2.37 per share, EPS basis: diluted, Revenue: $2.70B, EPS diluted: $2.35 per share, Net result: $640.00M, Gross profit: $989.00M, Operating result: $825.00M
  • Quarter ended 2025-06-30 — EPS: $1.01 per share, SG&A: $0, EPS basic: $1.02 per share, EPS basis: diluted, Revenue: $2.22B, EPS diluted: $1.01 per share, Net result: $275.00M, Gross profit: $928.00M, Operating result: $411.00M
  • Quarter ended 2025-03-31 — EPS: $1.07 per share, SG&A: $0, EPS basic: $1.07 per share, EPS basis: diluted, Revenue: $2.10B, EPS diluted: $1.07 per share, Net result: $289.00M, Gross profit: $941.00M, Operating result: $430.00M
  • Quarter ended 2024-12-31 — EPS: $0.77 per share, SG&A: $0, EPS basic: $0.77 per share, EPS basis: diluted, Revenue: $1.94B, EPS diluted: $0.77 per share, Net result: $207.00M, Gross profit: $794.00M, Operating result: $198.00M
  • Quarter ended 2024-09-30 — EPS: $1.7 per share, SG&A: -$76.00M, EPS basic: $1.71 per share, EPS basis: diluted, Revenue: $2.17B, EPS diluted: $1.7 per share, Net result: $456.00M, Gross profit: $1.12B, Operating result: $586.00M
2026-06-30FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements
Annual revenue and net result (USD millions)
Captured record · 5 entries
  • FY2025 — R&D: $0, Revenue: $8.80B, Period end: 2025-12-31, Net result: $1.46B
  • FY2024 — R&D: $0, Revenue: $7.62B, Period end: 2024-12-31, Net result: $1.18B
  • FY2023 — R&D: $0, Revenue: $7.50B, Period end: 2023-12-31, Net result: $1.15B
  • FY2022 — R&D: $0, Revenue: $7.96B, Period end: 2022-12-31, Net result: $1.07B
  • FY2021 — R&D: $0, Revenue: $6.39B, Period end: 2021-12-31, Net result: $990.00M
2025-12-31FMPFinancial Modeling Prep (FMP), from the company's 10-K income statements
Reported versus estimated, last 8 quarters
Captured record · 8 entries
  • Reported 2026-07-30 — EPS actual: $1.13 per share, EPS estimated: $1.08 per share, Revenue actual: $2.09B, Revenue estimated: $2.27B
  • Reported 2026-05-05 — EPS actual: $1.28 per share, EPS estimated: $1.18 per share, Revenue actual: $2.18B, Revenue estimated: $2.24B
  • Reported 2026-02-11 — EPS actual: $0.78 per share, EPS estimated: $0.771 per share, Revenue actual: $1.78B, Revenue estimated: $1.60B
  • Reported 2025-11-05 — EPS actual: $2.17 per share, EPS estimated: $2.11 per share, Revenue actual: $2.70B, Revenue estimated: $2.48B
  • Reported 2025-07-31 — EPS actual: $1.01 per share, EPS estimated: $0.987 per share, Revenue actual: $2.22B, Revenue estimated: $1.78B
  • Reported 2025-05-01 — EPS actual: $1.07 per share, EPS estimated: $1.07 per share, Revenue actual: $2.10B, Revenue estimated: $1.92B
  • Reported 2025-02-13 — EPS actual: $0.77 per share, EPS estimated: $0.795 per share, Revenue actual: $1.94B, Revenue estimated: $1.90B
  • Reported 2024-11-06 — EPS actual: $1.87 per share, EPS estimated: $1.91 per share, Revenue actual: $2.17B, Revenue estimated: $2.17B
2026-07-30FMPFinancial Modeling Prep (FMP) earnings
Cash and investment components
Total basis: cash short and long-term investments; Total: $1.64B; Cash and short-term investments: $12.00M; Long-term investments: $1.63B; Long-term investments classification: unclassified

Sums the balance sheet's cash and short-term investments with its long-term investments.; The long-term investment field does not establish marketability; the sum is not a measure of available liquidity.; These provider fields do not establish investment access restrictions or explain differences from third-party cash figures.

2026-06-30COMPUTEDComputed from the balance sheet
Cash and short-term investments over time (USD millions)
Captured record · 8 entries
  • 2026-06-30 — Amount: $12.00M, Cash basis: cash and short-term investments
  • 2026-03-31 — Amount: $87.00M, Cash basis: cash and short-term investments
  • 2025-12-31 — Amount: $13.00M, Cash basis: cash and short-term investments
  • 2025-09-30 — Amount: $9.00M, Cash basis: cash and short-term investments
  • 2025-06-30 — Amount: $11.00M, Cash basis: cash and short-term investments
  • 2025-03-31 — Amount: $23.00M, Cash basis: cash and short-term investments
  • 2024-12-31 — Amount: $7.00M, Cash basis: cash and short-term investments
  • 2024-09-30 — Amount: $17.00M, Cash basis: cash and short-term investments
2026-06-30FMPFinancial Modeling Prep (FMP), from the company's quarterly balance sheets
Cash against market value
As of: 2026-06-30; Cash basis: cash and short-term investments; Net cash: -$21.80B; Total debt: $21.81B; Cash and investments: $12.00M

Price-based multiples captured at research time are not repeated here; the page shows each once, from current figures with their own dates. Cash is the latest reported cash and short-term investment balance; long-term investments are excluded. Market capitalization is the latest provider value.; The reported balance does not establish unrestricted availability or liquidation value.; The two are measured on different dates — the balance sheet is a quarter-end, the market cap is a recent close.; Debt is total debt as reported, including operating lease liabilities where the filer includes them.

2026-06-30COMPUTEDComputed from the balance sheet and the latest market capitalization
Trailing twelve-month ratio set
Quick ratio: 0.37; Current ratio: 0.53; Debt to equity: 1.59; Net margin: 17.9%; Gross margin: 41.1%; Operating margin: 24.9%; Return on assets: 3.1%; Return on equity: 11.7%

Price-based multiples captured at research time are not repeated here; the page shows each once, from current figures with their own dates. A ratio our provider could not compute is absent rather than shown as zero.

2026-09-12FMPFinancial Modeling Prep (FMP) key-metrics-ttm + ratios-ttm
Distress and quality screens
Altman Z-score: 0.9; Piotroski F-score: 5

Altman Z below 1.8 is the conventional distress zone. The screen is built for manufacturers and industrials; for banks, insurers and property companies it is not a meaningful reading.

2026-09-12FMPFinancial Modeling Prep (FMP) financial scores
Next earnings report
Date: 2026-11-04; EPS estimate: $2.27 per share; Revenue estimate: $2.82B

The date is our provider's estimate until the company confirms it.

2026-09-12FMPFinancial Modeling Prep (FMP) earnings calendar
Analyst revenue and earnings estimates (average)
Captured record · 4 entries
  • FY2027 — EPS average: $5.81 per share, Revenue average: $9.60B, Revenue low: $9.41B, Revenue high: $10.05B, Analysts (revenue): 9
  • FY2028 — EPS average: $6.31 per share, Revenue average: $10.21B, Revenue low: $9.57B, Revenue high: $11.00B, Analysts (revenue): 9
  • FY2029 — EPS average: $6.85 per share, Revenue average: $10.80B, Revenue low: $10.40B, Revenue high: $11.39B, Analysts (revenue): 4
  • FY2030 — EPS average: $7.41 per share, Revenue average: $11.39B, Revenue low: $10.97B, Revenue high: $12.02B, Analysts (revenue): 4
2026-09-12FMPFinancial Modeling Prep (FMP) analyst estimates
Data Sources & Methodology
Figures come from Financial Modeling Prep (FMP). If FMP has no figure for a ticker, a price or fundamental may come from a Yahoo Finance fallback, or a price from an Alpaca fallback. SEC EDGAR is used only for filing links and company identity details (legal name, address), never for figures. AI analysis by Stock Expert AI proprietary algorithms. Technical indicators via industry-standard calculations. Last updated: .
Data Provenance
Sources: Financial Modeling Prep (FMP) — Primary · Yahoo Finance — Fallback · Alpaca — Tertiary
Last fetched:
Cache TTL: Quote 5min · Profile 7d · Financials 7d · Insider 48h
How we use AI: Numbers are pulled directly from FMP & Yahoo Finance — our AI writes the analysis, it never edits the figures.
Data provided as-is for educational purposes. Not financial advice. Methodology

Data provided for informational purposes only.

ETFs that hold AEE

Funds in our ETF coverage that list AEE among the top 10 holdings on their fund page, largest weight first. Each weight is the fund's reported holding weight as of the date in its row.

ETFWeightHoldings as of
GVLE ETF3.64%