Ameren Corporation (AEE) vs FirstEnergy Corp. (FE)

A side-by-side comparison of Ameren Corporation and FirstEnergy Corp. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 1, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total returnAEE vs FE

growth of $100 · dividends reinvested · last 30y
AEE +959.1%FE +710.8%AEE compounded faster
2004006008001kStart $100200120062011201620212026$1,059$811
AEE FE

AEE vs FE: by the numbers

  • AEE is the larger company ($30.33B vs $27.95B market cap).
  • AEE trades at the lower trailing earnings multiple (19.30 vs 25.76 P/E), one valuation lens rather than an overall verdict.
  • AEE converts more revenue to profit (17.86% vs 7.26% net margin).
  • AEE grew revenue faster over the past five years (7.86% vs 7.73% CAGR).
  • FE pays the higher dividend yield (3.73% vs 2.66%).

Metrics side by side

Valuation

MetricAEEFE
P/E ratio19.3025.76
Forward P/E20.3717.68
P/S ratio3.491.77
P/B ratio2.232.16
PEG ratio0.876.14
EV / EBITDA8.4113.58
FCF yieldN/A14.93%

Profitability

MetricAEEFE
Gross margin29.58%53.43%
Operating margin24.87%18.57%
Net margin17.86%7.26%
ROE11.42%8.88%
ROIC4.01%4.46%

Dividends

MetricAEEFE
Dividend yield2.66%3.73%
Payout ratio54.28%101.69%

Growth (annualized)

MetricAEEFE
Revenue CAGR (5Y)7.86%7.73%
EPS CAGR (5Y)8.79%-2.32%
FCF CAGR (5Y)N/A170.22%
Total return CAGR (5Y)8.62%9.09%

Frequently asked

Which has the lower trailing P/E, AEE or FE?
AEE has the lower trailing P/E: AEE trades at 19.30 and FE at 25.76. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, AEE or FE?
Over the past five years, AEE grew revenue faster — AEE at a 7.86% CAGR versus FE at 7.73%.
Does AEE or FE pay a bigger dividend?
AEE yields 2.66% and FE yields 3.73% based on trailing dividends and the latest price.
Is AEE or FE more profitable?
AEE runs the higher net margin — AEE at 17.86% versus FE at 7.26%.
How have AEE and FE total returns compared?
Over the past 10 years, AEE delivered 10.82% and FE delivered 7.67% 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 August 1, 2026.