Is AEE or NI cheaper?

On trailing earnings, AEE is cheaper: AEE trades at a 19.87 P/E and NI at 23.74.

Which has grown faster, AEE or NI?

Over the past five years, AEE grew revenue faster — AEE at a 8.44% CAGR versus NI at 8.10%.

Does AEE or NI pay a bigger dividend?

AEE yields 2.64% and NI yields 2.43% based on trailing dividends and the latest price.

Is AEE or NI more profitable?

AEE runs the higher net margin — AEE at 17.17% versus NI at 14.10%.

Which has been the better investment, AEE or NI?

Over the past 10-year, AEE delivered the higher annualized total return — AEE at 11.18% versus NI at 9.96%. Past performance doesn't predict future results.

Ameren Corporation (AEE) vs NiSource Inc. (NI)

AEE leads on 9 of 16 compared metrics.

A side-by-side comparison of Ameren Corporation and NiSource Inc. 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 NI

growth of $100 · last 30y

AEE +187.0%NI +562.8%NI compounded faster

AEE NI

AEE vs NI: by the numbers

•AEE is the larger company ($30.58B vs $22.88B market cap).
•AEE trades at the lower earnings multiple (19.87 vs 23.74 P/E).
•AEE converts more revenue to profit (17.17% vs 14.10% net margin).
•AEE grew revenue faster over the past five years (8.44% vs 8.10% CAGR).
•AEE pays the higher dividend yield (2.64% vs 2.43%).

Which is better, AEE or NI?

Metric tally: AEE 9 · NI 7

It depends on what you're optimizing for:

ValueAEE(lower P/E)

GrowthAEE(faster 5Y revenue CAGR)

IncomeAEE(higher dividend yield)

QualityNI(higher ROIC)

Metrics side by side

Valuation

Metric	AEE	NI
P/E ratio	19.87●	23.74
Forward P/E	19.03●	21.31
P/S ratio	3.46	3.36●
P/B ratio	2.27●	2.38
PEG ratio	0.87●	1.05
EV / EBITDA	7.79●	12.70

Profitability

Metric	AEE	NI
Gross margin	39.38%	55.92%●
Operating margin	23.97%	27.78%●
Net margin	17.17%●	14.10%
ROE	11.24%●	9.96%
ROIC	4.01%	4.51%●

Dividends

Metric	AEE	NI
Dividend yield	2.64%●	2.43%
Payout ratio	54.28%	59.18%

Growth (annualized)

Metric	AEE	NI
Revenue CAGR (5Y)	8.44%●	8.10%
EPS CAGR (5Y)	8.79%	14.27%●
FCF CAGR (5Y)	-39.48%	-7.40%●
Total return CAGR (5Y)	8.80%	16.84%●

Frequently asked

Which is better, AEE or NI?: It depends on your goal. value: AEE (lower P/E); growth: AEE (faster 5Y revenue CAGR); income: AEE (higher dividend yield); quality: NI (higher ROIC). Across all compared metrics, AEE leads 9 to 7.
Is AEE or NI cheaper?: On trailing earnings, AEE is cheaper: AEE trades at a 19.87 P/E and NI at 23.74.
Which has grown faster, AEE or NI?: Over the past five years, AEE grew revenue faster — AEE at a 8.44% CAGR versus NI at 8.10%.
Does AEE or NI pay a bigger dividend?: AEE yields 2.64% and NI yields 2.43% based on trailing dividends and the latest price.
Is AEE or NI more profitable?: AEE runs the higher net margin — AEE at 17.17% versus NI at 14.10%.
Which has been the better investment, AEE or NI?: Over the past 10-year, AEE delivered the higher annualized total return — AEE at 11.18% versus NI at 9.96%. Past performance doesn't predict future results.

Go deeper

Full AEE analysis Full NI analysis Interactive comparison tool

Dig into the metrics

Ameren P/E ratio NiSource P/E ratio Ameren dividend yield NiSource dividend yield Ameren ROE NiSource ROE Ameren operating margin NiSource operating margin Ameren revenue growth NiSource revenue growth Ameren free cash flow NiSource free cash flow

Ameren & NiSource appear in these rankings

Highest Dividend Yield Stocks

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.