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.
AEE
Ameren Corporation
$109.61UtilitiesAt close: Jul 31, 2026, 4:00 PM ET
FE
FirstEnergy Corp.
$48.31UtilitiesAt close: Jul 31, 2026, 4:00 PM ET
Total return — AEE vs FE
growth of $100 · dividends reinvested · last 30yAEE +959.1%FE +710.8%AEE compounded faster
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
| Metric | AEE | FE |
|---|---|---|
| P/E ratio | 19.30 | 25.76 |
| Forward P/E | 20.37 | 17.68 |
| P/S ratio | 3.49 | 1.77 |
| P/B ratio | 2.23 | 2.16 |
| PEG ratio | 0.87 | 6.14 |
| EV / EBITDA | 8.41 | 13.58 |
| FCF yield | N/A | 14.93% |
Profitability
| Metric | AEE | FE |
|---|---|---|
| Gross margin | 29.58% | 53.43% |
| Operating margin | 24.87% | 18.57% |
| Net margin | 17.86% | 7.26% |
| ROE | 11.42% | 8.88% |
| ROIC | 4.01% | 4.46% |
Dividends
| Metric | AEE | FE |
|---|---|---|
| Dividend yield | 2.66% | 3.73% |
| Payout ratio | 54.28% | 101.69% |
Growth (annualized)
| Metric | AEE | FE |
|---|---|---|
| Revenue CAGR (5Y) | 7.86% | 7.73% |
| EPS CAGR (5Y) | 8.79% | -2.32% |
| FCF CAGR (5Y) | N/A | 170.22% |
| 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.
Go deeper
Dig into the metrics
Ameren P/E ratioFirstEnergy P/E ratioAmeren dividend yieldFirstEnergy dividend yieldAmeren ROEFirstEnergy ROEAmeren operating marginFirstEnergy operating marginAmeren revenue growthFirstEnergy revenue growthAmeren free cash flowFirstEnergy free cash flow
Ameren & FirstEnergy 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 August 1, 2026.