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).

Compare

Total return — AEE vs FE

growth of $100 · last 30y
AEE +182.9%FE +121.3%AEE compounded faster
100200300400Start $100200120062011201620212026$283$221
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 7

It 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

MetricAEEFE
P/E ratio19.5925.99
Forward P/E18.7616.20
P/S ratio3.421.78
P/B ratio2.242.19
PEG ratio0.876.15
EV / EBITDA7.6812.41
FCF yield6.49%

Profitability

MetricAEEFE
Gross margin39.38%53.77%
Operating margin23.97%18.72%
Net margin17.17%6.86%
ROE11.24%8.42%
ROIC4.01%4.46%

Dividends

MetricAEEFE
Dividend yield2.68%3.77%
Payout ratio54.28%101.69%

Growth (annualized)

MetricAEEFE
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.

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.