Ameren (AEE) revenue breakdown
By segment, Ameren Missouri is the largest at 54% of fiscal 2025 revenue; Ameren Transmission grew fastest, 9% a year over 9 years.
By product, Electric is the largest at 87% of fiscal 2025 revenue, growing 4% a year over 9 years.
Revenue by segment
Fiscal years, as Ameren reports them in its 10-K filings; fiscal 2025 total $8.8B.
| Segments | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Ameren Missouri | $3.5B | $3.5B | $3.6B | $3.2B | $3.1B | $3.3B | $4.0B | $3.8B | $4.0B | $4.8B | 54% |
| Ameren Illinois Electric Distribution | $1.5B | $1.6B | $1.5B | $1.5B | $1.5B | $1.6B | $2.3B | $2.2B | $2.1B | $2.4B | 27% |
| Ameren Illinois Gas | $753M | $743M | $815M | $797M | $760M | $957M | $1.2B | $897M | $938M | $968M | 11% |
| Ameren Transmission | $309M | $426M | $433M | $464M | $469M | $491M | $510M | $561M | $637M | $675M | 8% |
| Other Segment | — | -$2M | — | — | — | — | — | — | — | — | — |
Revenue by product
Fiscal years, as Ameren reports them in its 10-K filings; fiscal 2025 total $8.8B.
| Products | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Electric | $5.2B | $5.3B | $5.3B | $5.0B | $4.9B | $5.3B | $6.6B | $6.4B | $6.5B | $7.7B | 87% |
| Natural gas | $880M | $867M | $952M | $929M | $883M | $1.1B | $1.4B | $1.1B | $1.1B | $1.1B | 13% |
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Where does Ameren make its money?
In fiscal 2025, by segment: Ameren Missouri $4.8B, Ameren Illinois Electric Distribution $2.4B, Ameren Illinois Gas $968M, Ameren Transmission $675M.
From Ameren's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.