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.
AEE
Ameren Corporation
$103.94UtilitiesDelayed quote: Sep 16, 2026, 11:00 AM EDT
ES
Eversource Energy
$67.81UtilitiesDelayed quote: Sep 16, 2026, 11:00 AM EDT
Total return — AEE vs ES
growth of $100 · dividends reinvested · last 10yAEE +179.8% (+10.8%/yr)ES +76.7% (+5.9%/yr)AEE compounded faster over this window
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
| Metric | AEE | ES |
|---|---|---|
| P/E ratio | 18.30 | 17.57 |
| Forward P/E | 19.28 | 14.59 |
| P/S ratio | 3.29 | 1.82 |
| P/B ratio | 2.10 | 1.56 |
| EV / EBITDA | 13.27 | 9.90 |
| FCF yield | N/A | 1.17% |
Profitability
| Metric | AEE | ES |
|---|---|---|
| Gross margin | 29.58% | 35.24% |
| Operating margin | 24.87% | 22.34% |
| Net margin | 17.86% | 10.35% |
| ROE | 11.42% | 8.87% |
| ROIC | 4.04% | 4.87% |
Dividends
| Metric | AEE | ES |
|---|---|---|
| Dividend yield | 2.78% | 4.50% |
| Payout ratio | 51.41% | 79.79% |
Growth (annualized)
| Metric | AEE | ES |
|---|---|---|
| Revenue CAGR (5Y) | 7.86% | 8.00% |
| EPS CAGR (5Y) | 8.79% | 5.08% |
| FCF CAGR (5Y) | N/A | 6.09% |
| 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.
Go deeper
Dig into the metrics
Ameren P/E ratioEversource Energy P/E ratioAmeren dividend yieldEversource Energy dividend yieldAmeren ROEEversource Energy ROEAmeren operating marginEversource Energy operating marginAmeren revenue growthEversource Energy revenue growthAmeren free cash flowEversource Energy free cash flow
Ameren & Eversource Energy appear in these rankings
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.