Ameren (AEE) Operating Margin (2009 - 2026)

Ameren's (AEE) quarterly Operating Margin came in at 24.45% in Q1 2026, up 394.0% year-on-year from 4.95% in Q1 2025, and up 21.02% quarter-over-quarter from 20.2% in Q4 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.

  • On a quarterly basis, Operating Margin rose 394.0% year-over-year to 24.45% in Q1 2026; TTM through Mar 2026 was 23.97%, a 404.0% increase from a year earlier, with the FY2025 full-year figure at 23.03%, up 314.0% from the prior year.
  • Operating Margin advanced to 24.45% in Q1 2026 per AEE's latest filing, from 20.2% in the prior quarter.
  • Across five years, Operating Margin topped out at 342.86% in Q4 2023 and bottomed at 10.2% in Q4 2024.
  • The 5-year median for Operating Margin is 20.43% (2024), against an average of 39.79%.
  • Across the five-year window, Operating Margin jumped 32937 bps in 2023 and tumbled 33266 bps in 2024, its largest moves.
  • Year by year, Operating Margin stood at 13.49% in 2022, then jumped by 2442 bps to 342.86% in 2023, then slumped 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.
  • Per Business Quant, the three latest AEE Operating Margin figures stand at 24.45% (Q1 2026), 20.2% (Q4 2025), and 30.57% (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Fortis 462,782.01 Bn 462,783.29 Bn 1.70 Bn 43.70%
2 Dominion Energy 62.80 Bn 67.01 Bn - 27.73%
3 Xcel Energy 50.41 Bn 48.65 Bn 4.02 Bn 18.75%
4 Wec Energy 37.36 Bn 37.32 Bn 2.04 Bn 28.54%
5 Energy Co Of Parana 34.84 Bn 34.18 Bn - -
6 Ameren 31.32 Bn 31.43 Bn - 24.45%
7 Edison International 30.65 Bn 30.49 Bn - 52.79%
8 Firstenergy 28.61 Bn 29.98 Bn 2.74 Bn 19.70%
9 Hydro One 25.14 Bn 25.13 Bn - -
10 Cms Energy 22.72 Bn 23.22 Bn 2.28 Bn 17.95%

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%