Ameren (AEE) Operating Margin (2009 - 2026)
Ameren (AEE) posted Operating Margin of 21.94% for Q2 2026, down 10.26% on a QoQ basis from 24.45% in Q1 2026, and up 344.0% year-over-year from 4.94% in Q2 2025.
Analysis
Ameren (AEE) Operating Margin (2009 - 2026) Analysis & Trends
Ameren has reported Operating Margin for 18 years, with the latest figure at 21.94% in Q2 2026.
- On a quarterly basis, Operating Margin rose 344.0% year-over-year to 21.94% in Q2 2026; TTM through Jun 2026 was 24.87%, a 560.0% increase from a year earlier, with the FY2025 full-year figure at 23.03%, up 314.0% from the prior year.
- Operating Margin was 21.94% for Q2 2026 at Ameren, down from 24.45% in the prior quarter.
- The five-year high for Operating Margin was 342.86% in Q4 2023, with the low at 10.2% in Q4 2024.
- Average Operating Margin over 5 years is 38.8%, with a median of 20.47% recorded in 2024.
- The sharpest annual moves came in 2023 and 2024: Operating Margin soared 32937 bps in 2023, then slumped 33266 bps in 2024.
- Over 5 years, Operating Margin stood at 13.49% in 2022, then surged by 2442 bps to 342.86% in 2023, then tumbled by 97 bps to 10.2% in 2024, then soared by 98 bps to 20.2% in 2025, then climbed by 9 bps to 21.94% in 2026.
- The last three Operating Margin figures came in at 21.94% (Q2 2026), 24.45% (Q1 2026), and 20.2% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 310.56 Bn | 310.56 Bn | 890.00 Mn | 30.20% |
| 2 | Dominion Energy | 57.37 Bn | 56.59 Bn | 3.50 Bn | 7.34% |
| 3 | Xcel Energy | 47.65 Bn | 45.64 Bn | 3.12 Bn | 22.64% |
| 4 | Wec Energy | 34.59 Bn | 34.54 Bn | 1.45 Bn | 20.99% |
| 5 | Ameren | 29.37 Bn | 29.36 Bn | - | 21.94% |
| 6 | Firstenergy | 26.72 Bn | 26.53 Bn | 2.51 Bn | 18.41% |
| 7 | Hydro One | 22.94 Bn | 22.55 Bn | - | 30.67% |
| 8 | Edison International | 22.20 Bn | 21.96 Bn | 3.29 Bn | 25.06% |
| 9 | Cms Energy | 21.18 Bn | 20.93 Bn | 3.65 Bn | 16.54% |
| 10 | Connecticut Light & Power | 19.56 Bn | 19.60 Bn | 4.00 Bn | 23.89% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 21.94% |
| Mar 31, 2026 | 24.45% |
| Dec 31, 2025 | 20.20% |
| Sep 30, 2025 | 30.57% |
| Jun 30, 2025 | 18.51% |
| Mar 31, 2025 | 20.51% |
| Dec 31, 2024 | 10.20% |
| Sep 30, 2024 | 26.97% |
| Jun 30, 2024 | 21.32% |
| Mar 31, 2024 | 20.43% |
| Dec 31, 2023 | 342.86% |
| Sep 30, 2023 | 29.81% |
| Jun 30, 2023 | 18.69% |
| Mar 31, 2023 | 17.02% |
| Dec 31, 2022 | 13.49% |
| Sep 30, 2022 | 25.98% |
| Jun 30, 2022 | 17.90% |
| Mar 31, 2022 | 17.62% |
| Dec 31, 2021 | 12.75% |
| Sep 30, 2021 | 29.49% |