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Raw inputs
Equipment
Foundry
Chip design
Software
AI demand
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Company details
Market cap
$31B
P/E ratio
19×
Div yield
2.8%
EPS (2025, GAAP)
$5.35
Net income
$1.46B
Rev. growth
+15%
Revenue
$8.8B
Capital plan
~$63B
In plain English
Ameren is a Missouri-and-Illinois regulated electric-and-gas utility that buys fuel and equipment, generates and moves power, and delivers electricity and natural gas the last mile to ~2.4M electric and ~900K gas customers. It earns a state-approved return on a fast-growing rate base, and is now riding a wave of new data-centre load with a ~$63B long-term capital plan centred on transmission, renewables and new gas generation.
In simple terms
What Ameren really sells
Ameren is a Missouri-and-Illinois regulated electric-and-gas utility that buys fuel and equipment, generates and moves power, and delivers electricity and natural gas the last mile to ~2.4M electric and ~900K gas customers. It earns a state-approved return on a fast-growing rate base, and is now riding a wave of new data-centre load with a ~$63B long-term capital plan centred on transmission, renewables and new gas generation.
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