Ameren Corporation (AEE) vs Eversource Energy (ES)

A side-by-side comparison of Ameren Corporation and Eversource Energy across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 13, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total returnAEE vs ES

growth of $100 · dividends reinvested · last 10y
AEE +179.8% (+10.8%/yr)ES +76.7% (+5.9%/yr)AEE compounded faster over this window
100150200250300Start $10020182020202220242026$280$177
AEE ES

AEE vs ES: by the numbers

  • AEE is the larger company ($28.77B vs $25.50B market cap).
  • ES trades at the lower trailing earnings multiple (17.57 vs 18.30 P/E), one valuation lens rather than an overall verdict.
  • AEE converts more revenue to profit (17.86% vs 10.35% net margin).
  • ES grew revenue faster over the past five years (8.00% vs 7.86% CAGR).
  • ES pays the higher dividend yield (4.50% vs 2.78%).

Metrics side by side

Valuation

MetricAEEES
P/E ratio18.3017.57
Forward P/E19.2814.59
P/S ratio3.291.82
P/B ratio2.101.56
EV / EBITDA13.279.90
FCF yieldN/A1.17%

Profitability

MetricAEEES
Gross margin29.58%35.24%
Operating margin24.87%22.34%
Net margin17.86%10.35%
ROE11.42%8.87%
ROIC4.04%4.87%

Dividends

MetricAEEES
Dividend yield2.78%4.50%
Payout ratio51.41%79.79%

Growth (annualized)

MetricAEEES
Revenue CAGR (5Y)7.86%8.00%
EPS CAGR (5Y)8.79%5.08%
FCF CAGR (5Y)N/A6.09%
Total return CAGR (5Y)6.91%-1.09%

Frequently asked

Which has the lower trailing P/E, AEE or ES?
ES has the lower trailing P/E: AEE trades at 18.30 and ES at 17.57. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, AEE or ES?
Over the past five years, ES grew revenue faster — AEE at a 7.86% CAGR versus ES at 8.00%.
Does AEE or ES pay a bigger dividend?
AEE yields 2.78% and ES yields 4.50% based on trailing dividends and the latest price.
Is AEE or ES more profitable?
AEE runs the higher net margin — AEE at 17.86% versus ES at 10.35%.
How have AEE and ES total returns compared?
Over the past 10 years, AEE delivered 11.28% and ES delivered 6.20% annualized total return. Past performance doesn't predict future results.

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified September 13, 2026.