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| Date | Value |
|---|---|
| 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% |