Ameren Corporation (AEE) vs WEC Energy Group, Inc. (WEC)
A side-by-side comparison of Ameren Corporation and WEC Energy Group, Inc. 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.
AEE
Ameren Corporation
$103.79UtilitiesDelayed quote: Sep 15, 2026, 10:30 AM EDT
WEC
WEC Energy Group, Inc.
$104.48UtilitiesDelayed quote: Sep 15, 2026, 10:30 AM EDT
Total return — AEE vs WEC
growth of $100 · dividends reinvested · last 10yAEE +182.0% (+10.9%/yr)WEC +138.6% (+9.1%/yr)AEE compounded faster over this window
AEE WEC
AEE vs WEC: by the numbers
- •WEC is the larger company ($34.03B vs $28.72B market cap).
- •AEE trades at the lower trailing earnings multiple (18.27 vs 20.25 P/E), one valuation lens rather than an overall verdict.
- •AEE converts more revenue to profit (17.86% vs 16.69% net margin).
- •AEE grew revenue faster over the past five years (7.86% vs 4.98% CAGR).
- •WEC pays the higher dividend yield (3.53% vs 2.78%).
Metrics side by side
Valuation
| Metric | AEE | WEC |
|---|---|---|
| P/E ratio | 18.27 | 20.25 |
| Forward P/E | 19.26 | 18.65 |
| P/S ratio | 3.28 | 3.36 |
| P/B ratio | 2.10 | 2.41 |
| EV / EBITDA | 13.26 | 14.39 |
Profitability
| Metric | AEE | WEC |
|---|---|---|
| Gross margin | 29.58% | 50.55% |
| Operating margin | 24.87% | 24.12% |
| Net margin | 17.86% | 16.69% |
| ROE | 11.42% | 11.97% |
| ROIC | 4.04% | 4.49% |
Dividends
| Metric | AEE | WEC |
|---|---|---|
| Dividend yield | 2.78% | 3.53% |
| Payout ratio | 51.41% | 72.67% |
Growth (annualized)
| Metric | AEE | WEC |
|---|---|---|
| Revenue CAGR (5Y) | 7.86% | 4.98% |
| EPS CAGR (5Y) | 8.79% | 5.04% |
| Total return CAGR (5Y) | 6.91% | 5.56% |
Frequently asked
- Which has the lower trailing P/E, AEE or WEC?
- AEE has the lower trailing P/E: AEE trades at 18.27 and WEC at 20.25. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, AEE or WEC?
- Over the past five years, AEE grew revenue faster — AEE at a 7.86% CAGR versus WEC at 4.98%.
- Does AEE or WEC pay a bigger dividend?
- AEE yields 2.78% and WEC yields 3.53% based on trailing dividends and the latest price.
- Is AEE or WEC more profitable?
- AEE runs the higher net margin — AEE at 17.86% versus WEC at 16.69%.
- How have AEE and WEC total returns compared?
- Over the past 10 years, AEE delivered 11.28% and WEC delivered 9.52% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Ameren P/E ratioWEC Energy P/E ratioAmeren dividend yieldWEC Energy dividend yieldAmeren ROEWEC Energy ROEAmeren operating marginWEC Energy operating marginAmeren revenue growthWEC Energy revenue growthAmeren free cash flowWEC Energy free cash flow
Ameren & WEC Energy 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 September 13, 2026.