Ameren Corp

Company facts

Industry

Electric & Other Services Combined

Headquarters

St Louis, Missouri

Most recent report

8-K, filed Aug 24, 2026

Incorporated

Missouri

Filings on record

1,003+ filings

On EDGAR

CIK 1002910

Fiscal year ends

December

Filer status

Large accelerated filer

What to read: Jun 2026 10-Q

SECSift found 2 of 11 sections worth reading, with 14 positive, 14 notable, and 2 negative flags.

• Financial Statements (Item 1)

  Contains full financial statements, rates, capex, forward equity, and regulatory updates.
  Notable

  • Ameren Missouri filed for a $343M annual electric revenue increase, with decision expected May 2027.
  • Leverage ratio at 61% for Ameren; $1.6B forward equity sales outstanding could dilute shareholders.

• Management's Discussion (Item 2)

  Core MD&A with earnings, capex, regulatory filings, and financing plans.
  Positive

  • Net income up 14% to $314M in Q2 2026 vs $275M; EPS +12 cents.
  • Six-month net income up 19% to $671M vs $564M; EPS +33 cents.
  • Appellate court upheld ICC order approving MYRP revenue requirements for 2024-2027.
  • Q2 segment: Transmission +$10M, MO +$7M, IL Electric +$6M, IL Nat Gas -$1M, parent +$17M.
  • H1 segment: MO +$41M, Transmission +$19M, IL Nat Gas +$13M, IL Electric +$9M, parent +$25M.
  • EPS +8c Q2, +15c H1 from higher AFUDC and PISA base rate revenues.
  • EPS +4c Q2, +12c H1 from Missouri base rate revenues (April 2025 rate order).
  • EPS +8c Q2, +9c H1 from equity method investment gains vs prior losses.
  • EPS +5c Q2, +9c H1 from rate base growth at Transmission and IL Electric.
  • EPS +6c H1 from IL Natural Gas rate order (Nov 2025).
  • EPS +1c Q2, +4c H1 from no Rush Island deferral (retirement).
  • EPS +1c Q2, +4c H1 from Missouri natural gas rate order.
  • EPS +3c H1 from lower income tax expense.
  • Dividends paid up 7.8% to $414M in H1 2026 vs $384M.
  Notable

  • Filed for 2,100 MW West Alton gas project; part of larger resource plan.
  • Executed 2.8 GW load agreements; demand expected from H2 2027.
  • Appeals $75M reduction in planned gas investments; no decision deadline.
  • EPS -3c Q2, -6c H1 from share dilution.
  • EPS -2c Q2, -4c H1 from higher interest on debt.
  • Spring capacity prices collapsed from $720 to $70 per MW-day; largely offset by lower costs.
  • O&M up $61M Q2, $67M H1, driven by Missouri reliability work.
  • Interest charges up $22M Q2, $51M H1 due to long-term debt issuances.
  • Equity plan of $4B through 2030; 16M shares under forward sales at June 30.
  • Operating cash flow down $102M in H1 2026 vs H1 2025, largely from lower tax credit transfers.
  • CRGA law effective June 2026; increases energy-efficiency spending caps for 2027-2029.
  • Plans up to $33.1B capex 2026-2030, led by Missouri ($22.2B).
  Negative

  • EPS -11c Q2, -14c H1 from non-recoverable O&M at Missouri.
  • EPS -1c Q2, -6c H1 from milder weather lowering sales.

What changed: Jun 2026 vs. Mar 2026

About 13% of AEE's Jun 2026 10-Q is new information. 81 paragraphs were added, 266 changed, and 99 removed. Below are the most important lines SECSift identified.

• Item 2 187
• Item 1 108
• Item 6 1
• Item 4 1
• Item 5 1