Recent Ameren shows a gross margin of 43.5%, an operating margin of 24.9%, an EBITDA margin of 48.1%, and a net margin of 17.9%. All reported margins improved year over year, led by operating margin with an increase of 5.6 percentage points.
AEE margin history
Over the last 3 years, Ameren's margins averaged 40.91% gross, 21.68% operating, 45.61% EBITDA, and 15.98% net. All four current margins are above their three-year averages.
AEE margin expansion
Year over year, gross, operating, EBITDA, and net margins all increased, with operating and EBITDA margins showing the largest gain at 5.6 percentage points.
AEE Gross margin
The average gross margin for Ameren was 40.91% across the past 3 years. Right now, the current gross margin for Ameren is 43.5%, 2.6 percentage points above its three-year average. The gross margin for Ameren moved between 38.3% in Jun 2025 and 43.5% in Jun 2026.
AEE Operating margin
The average operating margin for Ameren was 21.68% during the last 3 years. At present, the current operating margin for Ameren is 24.9%, 3.2 percentage points above its three-year average. The operating margin for Ameren moved between 19.3% in Jun 2025 and 24.9% in Jun 2026.
AEE EBITDA margin
Over the last 3 years, Ameren's EBITDA margin averaged 45.61%. At present, Ameren's current EBITDA margin is 48.1%, which is 2.5 percentage points above its three-year average. During this period, EBITDA margin reached a high of 48.3% in Jun 2024 and a low of 42.5% in Jun 2025.
AEE Net margin
Looking back over the last 3 years, Ameren recorded an average net margin of 15.98%. Ameren's current net margin is 17.9% and is 1.9 percentage points above its three-year average. The highest net margin for Ameren was 17.9% in Jun 2026, while the lowest was 14.6% in Jun 2025.
AEE margin group comparison
Ameren's gross margin of 43.5% is higher than the Utilities sector and the industry average but lower than its peers average. But when looking at the Utilities sector average of 42.8%, Ameren's gross margin is only 1.6% higher.
AEE margin peer comparison
Frequently asked questions
What is Ameren's gross margin?
For the period ending Jun 30, 2026, AEE recorded a gross margin of 43.5%.
What is Ameren's operating margin?
The current operating margin for AEE is 24.9% as of Jun 30, 2026.
What is Ameren's EBITDA margin?
For the period ending Jun 30, 2026, AEE recorded an EBITDA margin of 48.1%.
What is Ameren's net margin?
The current net margin for AEE is 17.9% as of Jun 30, 2026.
What are the average margins of AEE?
Looking back over 3 years, AEE recorded average margins of 40.9% gross, 21.7% operating, 45.6% EBITDA, and 16.0% net.
What are the highest historical margins of AEE?
Ameren's highest recorded margins during the past 5 years were 43.5% gross in Jun 2026, 24.9% operating in Jun 2026, 48.3% EBITDA in Jun 2024, and 17.9% net in Jun 2026.
What are the lowest historical margins of AEE?
Across the 5-year period, AEE posted its lowest margins at 35% gross in Mar 2023, 18.9% operating in Mar 2023, 39% EBITDA in Mar 2023, and 13.3% net in Mar 2023.