# AMEREN CORP (AEE) · Edgar & Edgarette company card

> Ameren (AEE) grew revenue 15.4% in FY2025 to $8.8 billion, operating margin 23.0% against a 20.2% median for electric & other services combined, equity 27.6% of assets, and dividend per share up 12 years running. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 1002910 · fiscal year ended 2025-12-31 · 5 audited years read · [page](https://www.pops4.com/boards/company/AEE) · [JSON](https://www.pops4.com/boards/company/AEE.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $8.8B |
| Revenue growth, 1 year | 15.4% |
| Revenue growth per year | 8.3% |
| Operating margin | 23.0% (prior year 19.9%) |
| Net margin | 16.6% |
| Operating cash flow | $3.4B |
| Capital spending | $4.1B |
| Free cash flow | −$775M |
| Cash | $13M |
| Long-term debt | $19.4B |
| Total assets | $48.5B |
| Total equity | $13.4B |
| Equity ÷ assets | 27.6% |
| Return on equity | 10.9% |
| Dividend per share | $2.84 |
| Dividend years rising | 12 |

## Readings, computed from those figures

- Piotroski F: 6 of 9 (solid)
- Health Harbor boat: Sound ship · one warning sign · slow and jumpy: growing slower than its size class, with revenue that swings more
- Cash Compass: In between · no clear cash pattern yet

## Edgarette's reading

Exposure: revenue $8.8B (FY2025), total debt $19.4B. Experience: revenue up 15.4% on the year, up 8.3% a year over 4 years; operating margin 23.0%, up from 19.9%. Soundness: equity 27.6% of assets, return on equity 10.9%, payout 52.6% of profit, dividend per share up 12 years running. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $8.0B and $11.0B next year (method v4.1: its own 4-year record of growth weighed at 50% against $1B–10B filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $7.2B to $12.4B. A statistical range, not company guidance. Against peers (18 filers, $50M+ revenue, electric & other services combined): operating margin 23.0% against a 20.2% median; growth 15.4% against 13.8%.

Range logged 2026-09-26, receipt b572fab2eef0e1c7, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

- Item 5.02 Director or officer change: 2, latest 2026-02-09 ([filing](https://www.sec.gov/Archives/edgar/data/1002910/000110465926012085/0001104659-26-012085-index.htm))

## Recent filings

- 8-K · filed 2026-09-28 · 8.01 Other Events · [filing](https://www.sec.gov/Archives/edgar/data/1002910/000110465926111420/0001104659-26-111420-index.htm)
- 8-K · filed 2026-09-18 · 8.01 Other Events; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1002910/000110465926108859/0001104659-26-108859-index.htm)
- 8-K · filed 2026-08-24 · 8.01 Other Events; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1002910/000110465926100236/0001104659-26-100236-index.htm)
- 8-K · filed 2026-08-04 · 8.01 Other Events; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1002910/000110465926090493/0001104659-26-090493-index.htm)
- 10-Q · filed 2026-08-03 · [filing](https://www.sec.gov/Archives/edgar/data/1002910/000100291026000023/0001002910-26-000023-index.htm)
- 8-K · filed 2026-07-30 · 2.02 Results of Operations and Financial Condition; 8.01 Other Events; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1002910/000100291026000020/0001002910-26-000020-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0001002910.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1002910

## Cite

POPS4, Edgar & Edgarette: AMEREN CORP (AEE) company card, from the company's own SEC filings, accessed 2026-11-04, https://www.pops4.com/boards/company/AEE. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.