Ameren Corporation (AEE) vs Eversource Energy (ES)
ES leads on 8 of 14 compared metrics.
A side-by-side comparison of Ameren Corporation and Eversource Energy across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 17, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).
Total return — AEE vs ES
growth of $100 · last 30yAEE +182.9%ES +388.7%ES compounded faster
AEE ES
AEE vs ES: by the numbers
- •AEE is the larger company ($30.14B vs $25.97B market cap).
- •ES trades at the lower earnings multiple (14.75 vs 19.59 P/E).
- •AEE converts more revenue to profit (17.17% vs 12.55% net margin).
- •AEE grew revenue faster over the past five years (8.44% vs 8.29% CAGR).
- •ES pays the higher dividend yield (4.46% vs 2.68%).
Which is better, AEE or ES?
Metric tally: AEE 6 · ES 8It depends on what you're optimizing for:
ValueES(lower P/E)
IncomeES(higher dividend yield)
QualityES(higher ROIC)
Metrics side by side
Valuation
| Metric | AEE | ES |
|---|---|---|
| P/E ratio | 19.59 | 14.75● |
| Forward P/E | 18.76 | 13.99● |
| P/S ratio | 3.42 | 1.87● |
| P/B ratio | 2.24 | 1.57● |
| PEG ratio | 0.87 | 0.15● |
| EV / EBITDA | 7.68● | 9.95 |
| FCF yield | — | 0.91% |
Profitability
| Metric | AEE | ES |
|---|---|---|
| Gross margin | 39.38% | 39.87% |
| Operating margin | 23.97%● | 22.52% |
| Net margin | 17.17%● | 12.55% |
| ROE | 11.24%● | 10.58% |
| ROIC | 4.01% | 4.68%● |
Dividends
| Metric | AEE | ES |
|---|---|---|
| Dividend yield | 2.68% | 4.46%● |
| Payout ratio | 54.28% | 67.54% |
Growth (annualized)
| Metric | AEE | ES |
|---|---|---|
| Revenue CAGR (5Y) | 8.44% | 8.29% |
| EPS CAGR (5Y) | 8.79%● | 5.08% |
| FCF CAGR (5Y) | -39.48% | 20.98%● |
| Total return CAGR (5Y) | 8.34%● | 0.38% |
Frequently asked
- Which is better, AEE or ES?
- It depends on your goal. value: ES (lower P/E); income: ES (higher dividend yield); quality: ES (higher ROIC). Across all compared metrics, ES leads 8 to 6.
- Is AEE or ES cheaper?
- On trailing earnings, ES is cheaper: AEE trades at a 19.59 P/E and ES at 14.75.
- Which has grown faster, AEE or ES?
- Over the past five years, AEE grew revenue faster — AEE at a 8.44% CAGR versus ES at 8.29%.
- Does AEE or ES pay a bigger dividend?
- AEE yields 2.68% and ES yields 4.46% based on trailing dividends and the latest price.
- Is AEE or ES more profitable?
- AEE runs the higher net margin — AEE at 17.17% versus ES at 12.55%.
- Which has been the better investment, AEE or ES?
- Over the past 10-year, AEE delivered the higher annualized total return — AEE at 11.00% versus ES at 5.58%. 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 June 17, 2026.