Ameren Corporation (AEE)

Sector: Utilities|Industry: Utilities - Regulated Electric|Market Cap: $23.72B|Employees: 9.4K


Ameren Corporation is a public utility holding company that primarily operates in the electric and natural gas sectors. The company's core business model involves the generation, transmission, and distribution of electricity, as well as the distribution of natural gas to a wide range of customers. Ameren's key markets are located in Missouri and Illinois, where it holds a significant market position with a focus on regulated operations.

  1. Filings

Filing Highlights

Financial Performance

The 10-K states that operating revenues increased from $7,500 million in 2022 to $7,957 million in 2023. This increase is primarily attributable to an increase in electric revenues, indicating a strong demand for electricity.

While operating revenues increased, operating expenses also remained high at $5,942 million, leading to a smaller increase in operating income. This suggests that the company is facing challenges in managing its costs.

Despite the high operating expenses, net income attributable to common shareholders increased from $1,074 million to $1,152 million, showcasing the company's ability to generate profits. This indicates an improvement in overall profitability.

Growth & Strategy

Management Execution

Risk Factors

Competitive Position

Operational Efficiency

Innovation & Technology

Capital Allocation

ESG Initiatives

Market Environment