UtilitiesUtilities - Regulated ElectricUnited States

AEE.US · Ameren Corporation

NYQ · US · USD

Latest price111.75 USD

30D+0.39%

Vs. base value+45.1%

Research summary

AEE.US latest organized financial period shows revenue grew +15.43% YoY and net income grew +23.18% YoY. Current price is about 112 USD, while the model base case is about 76.99 USD; the current price sits +45.1% versus the base case. This summary is intended for public-information research and model review.

Key financial trend

Annual financial metrics with switchable views. · Unit: USD

9 records

Revenue9B USD

Net income1B USD

Free cash flow-821M USD

Operating cash flow3B USD

Revenue

Total revenue recognized in each fiscal year.

Price trend

Price date: 2026/04/28 · Updated: 2026/04/29 07:23

Adjusted close trend. Current price sample covers: 2026/03/09 - 2026/04/28.

Valuation model range

Hover each model row to inspect formulas and inputs.

Current price111.75 USD

Base value76.99 USD

Vs. base+45.1%

Price date2026/04/28

76.99 USD76.99 USD76.99 USD

+45.15%

Excluded

DCF

Free cash flow, growth, discount rate, and terminal growth form an intrinsic value range.

---

-Positive free-cash-flow history is shorter than two years.

FormulaValue/share = PV(FCF/share for 10 years) + PV(terminal value)Inputs used

Result: -
Current price: 111.75 USD
Estimated shares: 272,149,533
Discount rate: 8%
Reason: Positive free-cash-flow history is shorter than two years.

Calculated

Owner Earnings

Uses recent net income as an owner-earnings proxy and discounts scenario growth.

103.46 USD134.01 USD154.66 USD

-16.61%

134.01 USDCurrent price is 16.6% below the base model value.

FormulaValue/share = PV(owner earnings/share) + PV(terminal value)Inputs used

Result: 134.01 USD
Current price: 111.75 USD
Estimated shares: 272,149,533
Discount rate: 8%
Bear value: 103.46 USD
Base value: 134.01 USD
Bull value: 154.66 USD
Average net income over the last 3 years proxies owner earnings
Base growth：7.3%
WACC：8.0%

Excluded

Reverse DCF

Solves the forward FCF growth rate implied by the current price.

Implied growth-

-Positive free-cash-flow samples are insufficient.

FormulaSolve growth where DCF value/share = current priceInputs used

Result: -
Current price: 111.75 USD
Estimated shares: 272,149,533
Discount rate: 8%
Reason: Positive free-cash-flow samples are insufficient.

Calculated

Earnings Power Value

Estimates earnings power value without assuming growth.

61.68 USD61.68 USD61.68 USD

+81.18%

61.68 USDCurrent price is 81.2% above the base model value.

FormulaEPV/share = normalized NOPAT / WACC / sharesInputs used

Result: 61.68 USD
Current price: 111.75 USD
Estimated shares: 272,149,533
Discount rate: 8%
Base value: 61.68 USD
Average operating income over the last 3 years
Effective tax rate is estimated at 21%
WACC：8.0%

Updated: 2026/04/29 07:23

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Quarterly and annual financial table

Financial DetailsShowing latest 5 / 9

Period	Type	Revenue	Net Income	Free Cash Flow	Diluted EPS
2025/12/30	Annual	9B USD	1B USD	-821M USD	5.35
2024/12/30	Annual	8B USD	1B USD	-2B USD	4.42
2023/12/30	Annual	8B USD	1B USD	-1B USD	4.38
2022/12/30	Annual	8B USD	1B USD	-1B USD	4.14
2021/12/30	Annual	-	-	-	-