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
DateValue
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