← Research LibraryThe BriefFY2025 10-K · headline figures audited against SEC data
Ameren grew earnings and cash, but the utility buildout still consumed more cash than it produced.
The read at a glance✓ Audited against SEC data
- Growth — Revenue +15.4% to $8.80BOK
- Profitability — Net income +23.1% to $1.46BOK
- Cash quality — FCF improved to -$775MNote
- Margins — Operating margin +314 bps; net margin +103 bpsOK
- Capital — $768M dividends; buybacks not shownNote
- Balance sheet — Debt +9.2%; equity +10.6%Watch
- Insiders — 0 buys / 19 sellsWatch
- Accounting — M-score clean; EQ 95 safeOK
Business
Ameren is a St. Louis utility holding company built around rate-regulated electric and natural gas businesses in Missouri and Illinois, plus transmission assets tied to MISO and FERC oversight.
Where the revenue comes from
Fiscal 2025, as AMEREN CORP reports it. History and quarterly detail are in the app.
- Electric$7.7B
- Natural gas$1.1B
Leadership changes
From AMEREN CORP's own filings, the day they're filed.
- Timothy S. Rausch · Directors · appointmenteff. 2026-03-01
- Michael L. Moehn · Chief Financial Officer · appointmenteff. 2026-01-01
- Jamie L. Engstrom · Directors · appointmenteff. 2026-01-01
Latest filings
- 8-K · Company announcement2026-08-24
- 8-K · Company announcement2026-08-04
- 10-Q · Quarterly report2026-08-03
- 8-K · Company announcement2026-07-30
- 8-K · Company announcement2026-06-29
In the full recordFree for 14 days
- What changed🔒
- Insider signal🔒
- Growth quality🔒
- Margins & accounting🔒
- Capital allocation🔒
- Real risks🔒
- The long arc🔒
- Company history🔒
- The filings, readable — with what changed vs the prior year highlighted🔒
- Full financial statements, industry-aware, sources cited throughout🔒
- Forensic score history & components — the trend, not one year🔒
- Ownership: insider buys/sells, clusters, activist stakes🔒
- Ana — ask about AMEREN CORP, every answer cited to the official filings🔒
Every figure comes from the company's filings, and analysis whose figures don't match SEC data is rejected before publication.
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