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 September 13, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total returnAEE vs FE

growth of $100 · dividends reinvested · last 10y
AEE +179.8% (+10.8%/yr)FE +107.4% (+7.6%/yr)AEE compounded faster over this window
100150200250300Start $10020182020202220242026$280$207
AEE FE

AEE vs FE: by the numbers

  • AEE is the larger company ($28.51B vs $26.23B market cap).
  • AEE trades at the lower trailing earnings multiple (18.14 vs 24.17 P/E), one valuation lens rather than an overall verdict.
  • AEE converts more revenue to profit (17.86% vs 6.86% net margin).
  • AEE grew revenue faster over the past five years (7.86% vs 7.73% CAGR).
  • FE pays the higher dividend yield (3.95% vs 2.78%).

Metrics side by side

Valuation

MetricAEEFE
P/E ratio18.1424.17
Forward P/E19.1116.60
P/S ratio3.261.66
P/B ratio2.082.03
EV / EBITDA13.2111.78

Profitability

MetricAEEFE
Gross margin29.58%53.43%
Operating margin24.87%18.57%
Net margin17.86%6.86%
ROE11.42%8.40%
ROIC4.04%4.43%

Dividends

MetricAEEFE
Dividend yield2.78%3.95%
Payout ratio51.41%97.06%

Growth (annualized)

MetricAEEFE
Revenue CAGR (5Y)7.86%7.73%
EPS CAGR (5Y)8.79%-2.32%
FCF CAGR (5Y)N/A122.43%
Total return CAGR (5Y)6.91%8.44%

Frequently asked

Which has the lower trailing P/E, AEE or FE?
AEE has the lower trailing P/E: AEE trades at 18.14 and FE at 24.17. 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 2.78% and FE yields 3.95% 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 6.86%.
How have AEE and FE total returns compared?
Over the past 10 years, AEE delivered 11.28% and FE delivered 7.89% 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 September 13, 2026.