AEE vs EXC
Ameren Corp. and Exelon Corp., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | AEE | EXC |
|---|---|---|
| Revenue | $8.8B | $24.3B |
| Net income | $1.5B | $2.8B |
| Gross margin | · | · |
| Net margin | 17.2% | 11.4% |
| Return on equity | 11.5% | 9.9% |
| Diluted EPS | $5.35 | · |
| Dividend / share | $2.84 | $1.60 |
| Payout ratio | 52.6% | 58.4% |
| Free cash flow | $-775.0M | $-2.3B |
| Equity | $13.4B | $28.8B |
| Net debt / equity | 1.43× | 1.75× |
| Current ratio | 0.66× | 0.92× |
| Revenue CAGR 5y | 8.7% | 7.8% |
| Profit CAGR 5y | 10.7% | 7.2% |
EXC bills 2.8× the revenue of AEE, and AEE keeps more of each dollar of revenue as profit (17.2% against 11.4%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
10 years side by side
| Fiscal year | AEE | EXC |
|---|---|---|
| FY2025 | $8.8B | $24.3B |
| FY2024 | $7.6B | $23.0B |
| FY2023 | $7.5B | $21.7B |
| FY2022 | $8.0B | $19.1B |
| FY2021 | $6.4B | $17.9B |
| FY2020 | $5.8B | $16.7B |
| FY2019 | $5.9B | $34.4B |
| FY2018 | $6.3B | $36.0B |
| FY2017 | $6.2B | $33.6B |
| FY2016 | $6.1B | $31.4B |
Bottom line
| Fiscal year | AEE | EXC |
|---|---|---|
| FY2025 | $1.5B | $2.8B |
| FY2024 | $1.2B | $2.5B |
| FY2023 | $1.2B | $2.3B |
| FY2022 | $1.1B | $2.2B |
| FY2021 | $995.0M | $1.8B |
| FY2020 | $877.0M | $2.0B |
| FY2019 | $834.0M | $3.0B |
| FY2018 | $821.0M | $2.1B |
| FY2017 | $529.0M | $3.9B |
| FY2016 | $659.0M | $1.2B |
18 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −$15,459,000,000 | EXC |
| FY2024 | −$15,405,000,000 | EXC |
| FY2023 | −$14,227,000,000 | EXC |
| FY2022 | −$11,121,000,000 | EXC |
| FY2021 | −$11,544,000,000 | EXC |
| FY2020 | −$10,869,000,000 | EXC |
| FY2019 | −$28,528,000,000 | EXC |
| FY2018 | −$29,687,000,000 | EXC |
| FY2017 | −$27,384,000,000 | EXC |
| FY2016 | −$25,290,000,000 | EXC |
| FY2015 | −$23,349,000,000 | EXC |
| FY2014 | −$21,376,000,000 | EXC |
| FY2013 | −$19,050,000,000 | EXC |
| FY2012 | −$17,708,000,000 | EXC |
| FY2011 | −$12,915,000,000 | EXC |
| FY2010 | −$11,006,000,000 | EXC |
| FY2009 | −$10,183,000,000 | EXC |
| FY2008 | −$10,990,000,000 | EXC |
EXC has reported the higher revenue in every one of these 18 fiscal years. The gap has widened since the earliest year compared.
18 of 19 comparable fiscal years — a year missing data on either side is not counted.
18 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +5.8 pp | AEE |
| FY2024 | +5.5 pp | AEE |
| FY2023 | +5.3 pp | AEE |
| FY2022 | +2.7 pp | AEE |
| FY2021 | +6.1 pp | AEE |
| FY2020 | +4.1 pp | AEE |
| FY2019 | +6.0 pp | AEE |
| FY2018 | +7.9 pp | AEE |
| FY2017 | −2.6 pp | EXC |
| FY2016 | +7.5 pp | AEE |
| FY2015 | +3.2 pp | AEE |
| FY2014 | +3.5 pp | AEE |
| FY2013 | −1.7 pp | EXC |
| FY2012 | −22.4 pp | EXC |
| FY2011 | −4.3 pp | EXC |
| FY2010 | −11.7 pp | EXC |
| FY2009 | −6.7 pp | EXC |
| FY2008 | −6.1 pp | EXC |
The higher net margin has changed hands between AEE and EXC over this period.
18 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
AEE's net margin has been more volatile than EXC's over the 18 comparable fiscal years — 7.8 percentage points of standard deviation against 3.3.
18 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between AEE and EXC over these 18 fiscal years — AEE led in 11 and EXC in 7.
18 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
EXC's return on equity has been more volatile than AEE's over the 18 comparable fiscal years — 5.9 percentage points of standard deviation against 5.6.
18 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between AEE and EXC over these 18 fiscal years — AEE led in 10 and EXC in 8.
18 of 19 comparable fiscal years — a year missing data on either side is not counted.