Ameren Corporation (AEE) vs FirstEnergy Corp. (FE)
AEE leads on 8 of 15 compared metrics.
A side-by-side comparison of Ameren Corporation and FirstEnergy Corp. 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 FE
growth of $100 · last 30yAEE +182.9%FE +121.3%AEE compounded faster
AEE FE
AEE vs FE: by the numbers
- •AEE is the larger company ($30.14B vs $26.66B market cap).
- •AEE trades at the lower earnings multiple (19.59 vs 25.99 P/E).
- •AEE converts more revenue to profit (17.17% vs 6.86% net margin).
- •AEE grew revenue faster over the past five years (8.44% vs 7.52% CAGR).
- •FE pays the higher dividend yield (3.77% vs 2.68%).
Which is better, AEE or FE?
Metric tally: AEE 8 · FE 7It depends on what you're optimizing for:
ValueAEE(lower P/E)
GrowthAEE(faster 5Y revenue CAGR)
IncomeFE(higher dividend yield)
QualityFE(higher ROIC)
Metrics side by side
Valuation
| Metric | AEE | FE |
|---|---|---|
| P/E ratio | 19.59● | 25.99 |
| Forward P/E | 18.76 | 16.20● |
| P/S ratio | 3.42 | 1.78● |
| P/B ratio | 2.24 | 2.19● |
| PEG ratio | 0.87● | 6.15 |
| EV / EBITDA | 7.68● | 12.41 |
| FCF yield | — | 6.49% |
Profitability
| Metric | AEE | FE |
|---|---|---|
| Gross margin | 39.38% | 53.77%● |
| Operating margin | 23.97%● | 18.72% |
| Net margin | 17.17%● | 6.86% |
| ROE | 11.24%● | 8.42% |
| ROIC | 4.01% | 4.46%● |
Dividends
| Metric | AEE | FE |
|---|---|---|
| Dividend yield | 2.68% | 3.77%● |
| Payout ratio | 54.28% | 101.69% |
Growth (annualized)
| Metric | AEE | FE |
|---|---|---|
| Revenue CAGR (5Y) | 8.44%● | 7.52% |
| EPS CAGR (5Y) | 8.79%● | -2.32% |
| FCF CAGR (5Y) | -39.48% | 7.07%● |
| Total return CAGR (5Y) | 8.34% | 8.47% |
Frequently asked
- Which is better, AEE or FE?
- It depends on your goal. value: AEE (lower P/E); growth: AEE (faster 5Y revenue CAGR); income: FE (higher dividend yield); quality: FE (higher ROIC). Across all compared metrics, AEE leads 8 to 7.
- Is AEE or FE cheaper?
- On trailing earnings, AEE is cheaper: AEE trades at a 19.59 P/E and FE at 25.99.
- Which has grown faster, AEE or FE?
- Over the past five years, AEE grew revenue faster — AEE at a 8.44% CAGR versus FE at 7.52%.
- Does AEE or FE pay a bigger dividend?
- AEE yields 2.68% and FE yields 3.77% based on trailing dividends and the latest price.
- Is AEE or FE more profitable?
- AEE runs the higher net margin — AEE at 17.17% versus FE at 6.86%.
- Which has been the better investment, AEE or FE?
- Over the past 10-year, AEE delivered the higher annualized total return — AEE at 11.00% versus FE at 7.39%. 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 June 17, 2026.