Ameren (AEE) Operating Margin (2009 - 2026)

Ameren (AEE) recorded quarterly Operating Margin of 24.45% in Q1 2026, up 21.02% quarter-over-quarter from 20.2% in Q4 2025, and up 394.0% on a YoY basis from 4.95% in Q1 2025.

Ameren (AEE) Operating Margin (2009 - 2026) Analysis & Trends

Ameren's Operating Margin history runs 18 years deep, the most recent figure standing at 24.45% for Q1 2026.

  • In Q1 2026, Operating Margin rose 394.0% year-over-year to 24.45%; the TTM figure through Mar 2026 stood at 23.97% (up 404.0% YoY), while the FY2025 annual figure was 23.03%, up 314.0% from the prior year.
  • Operating Margin was 24.45% for Q1 2026 at Ameren, up from 20.2% in the prior quarter.
  • In the past five years, Operating Margin ranged from a high of 342.86% in Q4 2023 to a low of 10.2% in Q4 2024.
  • Historically, Operating Margin has averaged 39.79% across 5 years, with a median of 20.43% in 2024.
  • The sharpest annual moves came in 2023 and 2024: Operating Margin surged 32937 bps in 2023, then tumbled 33266 bps in 2024.
  • A 5-year view of Operating Margin shows it stood at 13.49% in 2022, then jumped by 2442 bps to 342.86% in 2023, then plunged by 97 bps to 10.2% in 2024, then surged by 98 bps to 20.2% in 2025, then rose by 21 bps to 24.45% in 2026.
  • The last three Operating Margin figures came in at 24.45% (Q1 2026), 20.2% (Q4 2025), and 30.57% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Fortis 664.76 Bn 664.50 Bn 1.70 Bn 28.06%
2 Dominion Energy 60.27 Bn 64.46 Bn 4.03 Bn 27.73%
3 Xcel Energy 48.32 Bn 46.42 Bn 3.35 Bn 18.75%
4 Wec Energy 36.56 Bn 36.93 Bn 2.83 Bn 28.54%
5 Ameren 30.01 Bn 30.12 Bn 1.69 Bn 24.45%
6 Korea Electric Power 28.97 Bn 14.20 Bn 11.57 Bn 273.10%
7 Edison International 27.64 Bn 27.48 Bn 3.85 Bn 52.79%
8 Firstenergy 26.85 Bn 28.22 Bn 2.74 Bn 19.70%
9 Cms Energy 22.51 Bn 22.92 Bn 2.28 Bn 17.95%
10 Alliant Energy 18.75 Bn 18.19 Bn 854.00 Mn 18.52%

Historic Data

Download Data
DateValue
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%
Jun 30, 2021 19.43%