AEE vs WEC
Ameren Corp. and WEC Energy Group, Inc., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | AEE | WEC |
|---|---|---|
| Revenue | $8.8B | $9.8B |
| Net income | $1.5B | $1.6B |
| Gross margin | · | 66.7% |
| Net margin | 17.2% | 15.9% |
| Return on equity | 11.5% | 11.6% |
| Diluted EPS | $5.35 | $4.81 |
| Dividend / share | $2.84 | $3.57 |
| Payout ratio | 52.6% | 73.8% |
| Free cash flow | $-775.0M | · |
| Equity | $13.4B | · |
| Net debt / equity | 1.43× | 1.42× |
| Current ratio | 0.66× | 0.59× |
| Revenue CAGR 5y | 8.7% | 6.2% |
| Profit CAGR 5y | 10.7% | 5.3% |
AEE and WEC book revenue within 15% of each other, and keeps more of each dollar of revenue as profit (17.2% against 15.9%).
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 | WEC |
|---|---|---|
| FY2025 | $8.8B | $9.8B |
| FY2024 | $7.6B | $8.6B |
| FY2023 | $7.5B | $8.9B |
| FY2022 | $8.0B | $9.6B |
| FY2021 | $6.4B | $8.3B |
| FY2020 | $5.8B | $7.2B |
| FY2019 | $5.9B | $7.5B |
| FY2018 | $6.3B | $7.7B |
| FY2017 | $6.2B | $7.6B |
| FY2016 | $6.1B | $7.5B |
Bottom line
| Fiscal year | AEE | WEC |
|---|---|---|
| FY2025 | $1.5B | $1.6B |
| FY2024 | $1.2B | $1.5B |
| FY2023 | $1.2B | $1.3B |
| FY2022 | $1.1B | $1.4B |
| FY2021 | $995.0M | $1.3B |
| FY2020 | $877.0M | $1.2B |
| FY2019 | $834.0M | $1.1B |
| FY2018 | $821.0M | $1.1B |
| FY2017 | $529.0M | $1.2B |
| FY2016 | $659.0M | $939.0M |
15 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −$1,001,100,000 | WEC |
| FY2024 | −$976,900,000 | WEC |
| FY2023 | −$1,393,000,000 | WEC |
| FY2022 | −$1,640,400,000 | WEC |
| FY2021 | −$1,922,000,000 | WEC |
| FY2020 | −$1,447,700,000 | WEC |
| FY2019 | −$1,613,100,000 | WEC |
| FY2018 | −$1,388,500,000 | WEC |
| FY2017 | −$1,474,500,000 | WEC |
| FY2016 | −$1,396,300,000 | WEC |
| FY2015 | +$171,900,000 | AEE |
| FY2014 | +$1,055,900,000 | AEE |
| FY2013 | +$1,319,000,000 | AEE |
| FY2012 | +$1,534,600,000 | AEE |
| FY2011 | +$1,661,600,000 | AEE |
The higher-revenue side has changed between AEE and WEC over this period. The gap has narrowed since the earliest year compared.
15 of 19 comparable fiscal years — a year missing data on either side is not counted.
14 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +1.4 pp | AEE |
| FY2024 | −1.5 pp | WEC |
| FY2023 | +1.1 pp | AEE |
| FY2022 | −0.6 pp | WEC |
| FY2021 | +0.6 pp | AEE |
| FY2020 | −0.8 pp | WEC |
| FY2019 | −0.3 pp | WEC |
| FY2018 | −0.1 pp | WEC |
| FY2017 | −6.8 pp | WEC |
| FY2015 | +0.0 pp | AEE |
| FY2014 | −1.6 pp | WEC |
| FY2013 | −7.5 pp | WEC |
| FY2012 | −30.3 pp | WEC |
| FY2011 | −2.9 pp | WEC |
The higher net margin has changed hands between AEE and WEC over this period.
14 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 WEC's over the 14 comparable fiscal years — 8.6 percentage points of standard deviation against 2.0.
14 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 WEC over these 14 fiscal years — AEE led in 4 and WEC in 10.
14 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
AEE's return on equity has been more volatile than WEC's over the 19 comparable fiscal years — 5.5 percentage points of standard deviation against 1.1.
19 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
WEC led in return on equity in every one of the 19 comparable fiscal years — a structural lead, not a recent swing.
19 of 19 comparable fiscal years — a year missing data on either side is not counted.