Ameren (AEE) Operating Expenses (2009 - 2026)
Ameren (AEE) recorded quarterly Operating Expenses of $1.6 billion in Q1 2026, up 15.61% quarter-over-quarter from $1.4 billion in Q4 2025, and down 1.38% on a YoY basis from $1.7 billion in Q1 2025.
Ameren (AEE) Operating Expenses (2009 - 2026) Analysis & Trends
Ameren's Operating Expenses history runs 18 years deep, the most recent figure standing at $1.6 billion for Q1 2026.
- In Q1 2026, Operating Expenses fell 1.38% year-over-year to $1.6 billion; the TTM figure through Mar 2026 stood at $6.8 billion (up 6.65% YoY), while the FY2025 annual figure was $6.8 billion, up 10.91% from the prior year.
- Operating Expenses was $1.6 billion for Q1 2026 at Ameren, up from $1.4 billion in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $1.9 billion in Q3 2025 to a low of $1.3 billion in Q2 2024.
- Historically, Operating Expenses has averaged $1.6 billion across 5 years, with a median of $1.6 billion in 2024.
- The sharpest annual moves came in 2023 and 2025: Operating Expenses declined 23.5% in 2023, then soared 35.89% in 2025.
- A 5-year view of Operating Expenses shows it stood at $1.8 billion in 2022, then dropped by 23.5% to $1.4 billion in 2023, then gained by 28.73% to $1.7 billion in 2024, then slipped by 18.42% to $1.4 billion in 2025, then rose by 15.61% to $1.6 billion in 2026.
- The last three Operating Expenses figures came in at $1.6 billion (Q1 2026), $1.4 billion (Q4 2025), and $1.9 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Fortis | 664.76 Bn | 664.50 Bn | 1.70 Bn | 616.18 Mn |
| 2 | Dominion Energy | 60.27 Bn | 64.46 Bn | 4.03 Bn | 3.63 Bn |
| 3 | Xcel Energy | 48.32 Bn | 46.42 Bn | 3.35 Bn | 3.27 Bn |
| 4 | Wec Energy | 36.56 Bn | 36.93 Bn | 2.83 Bn | 2.45 Bn |
| 5 | Ameren | 30.01 Bn | 30.12 Bn | 1.69 Bn | 1.64 Bn |
| 6 | Korea Electric Power | 28.97 Bn | 14.20 Bn | 11.57 Bn | -2.24 Bn |
| 7 | Edison International | 27.64 Bn | 27.48 Bn | 3.85 Bn | 2.46 Bn |
| 8 | Firstenergy | 26.85 Bn | 28.22 Bn | 2.74 Bn | 3.37 Bn |
| 9 | Cms Energy | 22.51 Bn | 22.92 Bn | 2.28 Bn | 2.24 Bn |
| 10 | Alliant Energy | 18.75 Bn | 18.19 Bn | 854.00 Mn | 867.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.64 Bn |
| Dec 31, 2025 | 1.42 Bn |
| Sep 30, 2025 | 1.87 Bn |
| Jun 30, 2025 | 1.81 Bn |
| Mar 31, 2025 | 1.67 Bn |
| Dec 31, 2024 | 1.74 Bn |
| Sep 30, 2024 | 1.59 Bn |
| Jun 30, 2024 | 1.33 Bn |
| Mar 31, 2024 | 1.45 Bn |
| Dec 31, 2023 | 1.35 Bn |
| Sep 30, 2023 | 1.45 Bn |
| Jun 30, 2023 | 1.43 Bn |
| Mar 31, 2023 | 1.71 Bn |
| Dec 31, 2022 | 1.77 Bn |
| Sep 30, 2022 | 1.71 Bn |
| Jun 30, 2022 | 1.42 Bn |
| Mar 31, 2022 | 1.55 Bn |
| Dec 31, 2021 | 1.35 Bn |
| Sep 30, 2021 | 1.28 Bn |
| Jun 30, 2021 | 1.19 Bn |