Touchstone
Last syncOct 31, 2026, 6:54 PM ET

AEE

Ameren Corp Utilities Electric & Other Services Combined S&P 500Russell 3000
$110.54Close $30.6BMarket cap $95.24 – $117.4952-week range Nov 5, 2026Next report · after the close

Highlights

Cautions

  • Not in an uptrend 5 of 8 trend conditions
  • Results soon Nov 5, 2026, in 4 days
  • Financial distress Altman Z″ in the distress zone

Price

Filing Results Screen pick 52-week high and low Adjusted prices

Key figures

FY to Dec 31, 2025 · filed Aug 3, 2026
Off 12-month high 6%
1wk up 2.3% price change
1mo up 11.2% price change
12-month return up 11% market up 11% · its own 0%
F-score — — Not assessed
Altman Z″ 0.86 Elevated risk
P/E 20.9× price / earnings
PEG 1.00 P/E / EPS growth
P/B 2.3× price / book
Earnings yield up 4.2% EBIT / enterprise value
Cheaper than 47% of the market · around average
Revenue growth up 15% year on year
EPS growth up 11% latest quarter · -9 pts
Sales growth down 6% latest quarter · -10 pts
ROE up 11% return on equity
Free cash margin down 9% -$775.0M FCF
D/E 1.36 long-term debt / equity
Net debt / EBITDA 5.0×
Interest cover 2.6×EBIT / interest

Trade setup

ATR% 1.5% $1.70 a day · 2×ATR $107.14
RS 52 / 99 vs the universe
Trend 5 / 8 50-day under the 150/200-day, under 30% off the low, RS under 70
Relative volume 0.9× vs 50-day average
Up/down volume 1.17 50 sessions
Implied move 4.8% by Nov 20, 2026 · report Nov 5, 2026
Trend template · 5 of 8
  • Price above the 150 and 200-day averages: passes
  • 150-day average above the 200-day: passes
  • 200-day average rising for a month: passes
  • 50-day average above the 150 and 200-day: fails
  • Price above the 50-day average: passes
  • At least 30% above the 52-week low: fails
  • Within 25% of the 52-week high: passes
  • RS rank 70 or higher: fails

Screen verdict

Did not qualify for any screen.

Warning signs

3 flagged
  • Bankruptcy model reads distressed The Altman score sits inside the range historically associated with financial distress. It is used here only to exclude, never to rank, and it is a statistical band rather than a prediction about this company.
  • Heavily indebted Net debt is 5.0 times EBITDA — roughly 5 years of earnings before interest, tax and depreciation to repay borrowings in full.
  • Shareholders diluted The share count rose 2.4% over the year, from 270m to 276m shares. Each existing share owns a smaller fraction of the company than it did a year ago.
Last reported Jul 30, 2026
Options $16,64219.3% IV · activity

Financials

6 fiscal years · from filings
Revenue What customers paid the company over its fiscal year, before any cost, as filed in its annual report. The change is against the year before. Methodology $8.8B +15% on FY2024
$0 $10B FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · $5.8B FY2021 · $6.4B FY2022 · $8.0B FY2023 · $7.5B FY2024 · $7.6B FY2025 · $8.8B
Net income Profit left after every cost, interest and tax for the year. A column below the line is a loss. Methodology $1.5B +23% on FY2024
$0 $2B FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · $877.0M FY2021 · $995.0M FY2022 · $1.1B FY2023 · $1.2B FY2024 · $1.2B FY2025 · $1.5B
Free cash flow Cash from running the business less what it spent on equipment and buildings: the cash a year actually left behind, which profit alone does not show. Not shown for banks and insurers, whose cash moves with their loans. Methodology -$775.0M
-$2B $0 FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · -$1.5B FY2021 · -$1.8B FY2022 · -$1.1B FY2023 · -$1.0B FY2024 · -$1.6B FY2025 · -$775.0M
Margins Each as a share of revenue. Gross: left after the direct cost of what was sold. Net: left after every cost. Free cash: free cash flow over revenue. A margin rising over years means the business keeps more of each dollar it sells. Methodology
  • Net 17%
  • Free cash -9%
-50% 0% 20% FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · Net 15% · Free cash -26% FY2021 · Net 16% · Free cash -28% FY2022 · Net 14% · Free cash -14% FY2023 · Net 15% · Free cash -14% FY2024 · Net 16% · Free cash -20% FY2025 · Net 17% · Free cash -9%
Cash and long-term debt Cash on the balance sheet at the year's end beside debt due after a year. Net cash is cash less that debt; net debt is the shortfall. Debt some filers do not tag shows as a gap, not as zero. Methodology $18.2B net debt
  • Cash
  • Long-term debt
$0 $20B FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · Cash $139.0M · Long-term debt $11.1B FY2021 · Cash $8.0M · Long-term debt $12.6B FY2022 · Cash $10.0M · Long-term debt $13.7B FY2023 · Cash $25.0M · Long-term debt $15.1B FY2024 · Cash $7.0M · Long-term debt $17.3B FY2025 · Cash $13.0M · Long-term debt $18.2B
Shares outstanding Shares in issue at the year's end. A rising count means each share owns a smaller slice of the company (stock pay, share sales); a falling one, buybacks. The chart's scale is fitted to the count, so a small change looks large: read the percentage. Methodology 276.40m +9.1% since FY2020
276.40m 253.30m FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · 253.30m FY2021 · 257.70m FY2022 · 262m FY2023 · 266.30m FY2024 · 269.90m FY2025 · 276.40m
  FY2020Dec 31, 2020 FY2021Dec 31, 2021 FY2022Dec 31, 2022 FY2023Dec 31, 2023 FY2024Dec 31, 2024 FY2025Dec 31, 2025
Revenue $5.8B $6.4B $8.0B $7.5B $7.6B $8.8B
Operating income $1.3B $1.3B $1.5B $1.6B $1.5B $2.0B
Net income $877.0M $995.0M $1.1B $1.2B $1.2B $1.5B
Net margin 15% 16% 14% 15% 16% 17%
Earnings per share $3.53 $3.86 $4.16 $4.39 $4.44 $5.37
Free cash flow -$1.5B -$1.8B -$1.1B -$1.0B -$1.6B -$775.0M
Free cash margin -26% -28% -14% -14% -20% -9%
Cash $139.0M $8.0M $10.0M $25.0M $7.0M $13.0M
Long-term debt $11.1B $12.6B $13.7B $15.1B $17.3B $18.2B
Shareholders' equity $8.9B $9.7B $10.5B $11.3B $12.1B $13.4B
Shares outstanding 253.30m 257.70m 262m 266.30m 269.90m 276.40m

Next report

Nov 5, 2026 · after the close

Expected move The move, either way, the option market prices in through the next scheduled report: the at-the-money straddle for the first expiry that contains it, over the price. It includes the days around the report, so it slightly overstates the report alone. Methodology ±4.8% $105 – $116 by Nov 20, 2026
Usual move The median, over the company's last four reports, of how far the stock moved either way from the close before the filing to the close of the session after it. Methodology ±1.4% last 4: -0.3% · -2.5% · +3.4% · +0.1%
Expected against usual The move the options price through this report over the move the last four reports delivered. Above 1 the event is priced bigger than the company's own record; below 1, smaller. A price, not a forecast: it says what protection through the report costs, not which way the stock will go. Methodology Bigger than usual 3.4× the usual move

What options price now

Swings expected vs recent The daily swings the options are priced for (implied volatility) against the swings the stock actually had over the last 20 sessions (realised volatility). Bigger means options charge for more movement than the stock has been delivering; smaller, less. On a contract row, that contract's own implied volatility over the stock's realised. Methodology
About the same 19.3% priced · 18.7% recent
Next month vs later At-the-money implied volatility for 8-45 day expiries over 46-90 day ones: whether options price the coming month as choppier or calmer than the two after it. Ahead of a report it usually reads choppier, and the extra comes out once the report is out. Methodology
Choppier
Crash protection What options that pay off in a fall cost against options that pay off in a rise (the 25-delta skew), compared with this company's own normal - the median of its stored nightly readings, once there are 20 - and with five sessions ago. Protection costs a little more than upside on most shares. More than usual means readers of the chain are paying up to insure against a drop; it does not say which way the stock will go. Methodology
past week: costs more
Positioning
Premium traded
$16,642 calls $15,412 · puts $1,230 · latest session
Puts against calls, by premium Money spent on puts divided by money spent on calls. Measured in dollars rather than contracts on purpose: counting contracts treats a hundred cheap lottery tickets as more meaningful than one large position, which is backwards. Methodology
0.08× -0.04 over the week
Open interest added The change over five sessions in option positions left open overnight, calls and puts. A rise means positions were added. It cannot say whether they were bought or sold, so more calls is not a vote for a rise: a call is as often sold against shares already held. Methodology
calls +179 · puts +36 past week

For options traders: ATM IV 19.3% (+0.3% 1w) · 1m ÷ 3m IV 1.10 · 25Δ skew 8.9 pts · Net GEX $1.1M

Most traded contracts

No contract passed the liquidity filters this week.

Filings

SEC EDGAR
FiledReportPeriod to Lag
Aug 3, 2026 Quarterly ↗ Jun 30, 2026 34d
May 8, 2026 Quarterly ↗ Mar 31, 2026 38d
Feb 18, 2026 Annual ↗ Dec 31, 2025 49d
Nov 6, 2025 Quarterly ↗ Sep 30, 2025 37d
Aug 4, 2025 Quarterly ↗ Jun 30, 2025 35d
May 5, 2025 Quarterly ↗ Mar 31, 2025 35d
Feb 18, 2025 Annual ↗ Dec 31, 2024 49d
Nov 7, 2024 Quarterly ↗ Sep 30, 2024 38d
Aug 5, 2024 Quarterly ↗ Jun 30, 2024 36d
May 6, 2024 Quarterly ↗ Mar 31, 2024 36d
Feb 29, 2024 Annual ↗ Dec 31, 2023 60d
Nov 9, 2023 Quarterly ↗ Sep 30, 2023 40d

Current reports

FiledDisclosed
Sep 28, 2026 Other events ↗
Sep 18, 2026 Other events ↗
Aug 24, 2026 Other events ↗
Aug 4, 2026 Other events ↗
Jul 30, 2026 Results · Other events ↗
Jun 29, 2026 Other events ↗
Jun 26, 2026 Other events ↗
May 18, 2026 Shareholder vote ↗
May 5, 2026 Results · Other events ↗
Mar 4, 2026 Other events ↗
Feb 27, 2026 Other events ↗
Feb 11, 2026 Results · Other events ↗