Ameren Corporation

AEENYSEUtilities● Active

$109.27

+$2.28(+2.13%)

Market Cap$30.2B

P/E Ratio—

52W High$115.59

52W Low$93.5

Avg Volume1.7M

Open$107.70

Beta0.49

Free Cash Flow Financials Revenue

Ameren Corporation (AEE) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

AEE · free cash flow · updated Jun 8, 2026

Core FCF metrics

AEE · FCF · TTM · margin & CAGR

Free cash flow was −$775.0M for FY2025 (fiscal year ending 2025-12-31), up 52.9% year-over-year The FCF margin was -8.8%.

FY2025 Free Cash Flow−$775.0M▲ +52.9% YoY

Trailing 12M (TTM)−$1.30Btrailing 4 quarters sum

FCF Margin-8.8%−$775.0M ÷ revenue

3-Year CAGRN/AN/A — contains negative FCF

5-Year CAGRN/AN/A — contains negative FCF

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

AEE · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$3.35B(4.13B)−$775.0M▲ +52.9%-8.8%

FY2024$2.76B(4.41B)−$1.65B▼ 36.5%-21.6%

FY2023$2.56B(3.77B)−$1.21B▼ 8.1%-16.1%

FY2022$2.26B(3.38B)−$1.12B▲ +40.0%-14.0%

FY2021$1.66B(3.52B)−$1.86B▼ 18.4%-29.1%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

AEE · P/FCF · FCF yield · FCF per share

Ameren Corporation (AEE) reported negative free cash flow of −$0.78B. FCF-based valuation ratios are not meaningful when FCF is negative.

FCF Yield (TTM)

N/A

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

N/A

TTM FCF ÷ Shares Outstanding

Price / FCF

N/A

Share Price ÷ FCF per Share

EV / FCF (TTM)

N/A

Enterprise Value basis

FCF-based valuation ratios are only meaningful when free cash flow is positive. Negative FCF indicates capital expenditures exceeded operating cash flow.

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

AEE · cash flow statement · operating / investing / financing

For FY2025, Ameren Corporation generated $3.35B in operating cash flow and spent 4.13B in capital expenditures, yielding −$775.0M in free cash flow.

Operating Activities

+$3.35B

Cash from core business operations

2025-12-31

Investing Activities

−$4.14B

CapEx, acquisitions & investments

2025-12-31

Financing Activities

+$884.0M

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($3.35B) − |CapEx| (4.13B) = FCF (−$775.0M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Utilities)

AEE vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Ameren CorporationYOU

AEE

−$775.0M+52.9%-8.8%

Loss

Constellation Energy Corporation

CEG

$1.29B+125.6%5.0%

35%

Duke Energy Corporation

Utilities · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Ameren Corporation (AEE) reported free cash flow of −$775.0M for FY2025 (fiscal year ending 2025-12-31), up 52.9% year-over-year. The FCF margin was -8.8%.

Based on available data, Ameren Corporation has maintained positive free cash flow for at least 4 fiscal year(s). FCF peaked at $935.0M in FY2011.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

AEE free cash flow · 8 questions

Ameren Corporation free cash flow was −$775.0M for FY2025, up 52.9% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at −$1.30B.

AEE free cash flowAEE FCFAEE FCF 2025AEE free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Ameren Corporation · Ameren Corporation SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026