Recent Ameren shows a gross margin of 43.7%, an operating margin of 25.2%, an EBITDA margin of 48.7%, and a net margin of 17.9%. All reported margins improved year over year, led by EBITDA margin with an increase of 6 percentage points.
AEE margin history
Over the last 3 years, Ameren's margins averaged 41.14% gross, 21.98% operating, 45.87% EBITDA, and 16.14% 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 EBITDA margin showing the largest gain at 6 percentage points.
AEE Gross margin
The average gross margin for Ameren was 41.14% across the past 3 years. Right now, the current gross margin for Ameren is 43.7%, 2.6 percentage points above its three-year average. The gross margin for Ameren moved between 38.3% in Jun 2025 and 43.7% in Sep 2026.
AEE Operating margin
The average operating margin for Ameren was 21.98% during the last 3 years. At present, the current operating margin for Ameren is 25.2%, 3.2 percentage points above its three-year average. The operating margin for Ameren moved between 19.3% in Jun 2025 and 25.2% in Sep 2026.
AEE EBITDA margin
Over the last 3 years, Ameren's EBITDA margin averaged 45.87%. At present, Ameren's current EBITDA margin is 48.7%, which is 2.8 percentage points above its three-year average. During this period, EBITDA margin reached a high of 48.7% in Sep 2026 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 16.14%. Ameren's current net margin is 17.9% and is 1.8 percentage points above its three-year average. The highest net margin for Ameren was 17.9% in Sep 2026, while the lowest was 14.6% in Jun 2025.
AEE margin group comparison
Ameren's gross margin of 43.7% is higher than the Utilities sector, the industry and its peers average. But when looking at the Utilities sector average of 42.7%, Ameren's gross margin is only 2.3% higher.
AEE margin peer comparison
Frequently asked questions
What is Ameren's gross margin?
For the period ending Sep 30, 2026, AEE recorded a gross margin of 43.7%.
What is Ameren's operating margin?
The current operating margin for AEE is 25.2% as of Sep 30, 2026.
What is Ameren's EBITDA margin?
For the period ending Sep 30, 2026, AEE recorded an EBITDA margin of 48.7%.
What is Ameren's net margin?
The current net margin for AEE is 17.9% as of Sep 30, 2026.
What are the average margins of AEE?
Looking back over 3 years, AEE recorded average margins of 41.1% gross, 22.0% operating, 45.9% EBITDA, and 16.1% net.
What are the highest historical margins of AEE?
Ameren's highest recorded margins during the past 5 years were 43.7% gross in Sep 2026, 25.2% operating in Sep 2026, 48.7% EBITDA in Sep 2026, and 17.9% net in Sep 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.