Ameren (AEE) vs FirstEnergy (FE)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 7, 2026.
Summary
Ameren (AEE) has outperformed FirstEnergy (FE) over the past year, losing 3.1% versus a loss of 3.9%. Over five years, AEE leads with a +21.8% price change compared with +21.7% for FE. Ameren is the larger company by market cap ($28.05 billion vs $25.80 billion), about 1.1 times the size.
On valuation, FirstEnergy trades at a lower forward P/E (15.1x vs 17.5x for Ameren). FirstEnergy offers the higher dividend yield (4.04% vs 2.88%). Ameren converts more of its revenue into profit, with a net margin of 16.6% versus 6.8%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | AEE | FE |
|---|---|---|
| Share price | $101.32 | $44.58 |
| Market cap | $28.05B | $25.80B |
| 1-day change | -0.35% | +0.72% |
| YTD return | +1.46% | -0.42% |
| 1-year return | -3.15% | -3.94% |
| 5-year return | +21.81% | +21.74% |
| P/E ratio (TTM) | 17.84 | 23.84 |
| Forward P/E | 17.47 | 15.12 |
| EPS (TTM) | $5.68 | $1.87 |
| Dividend yield | 2.88% | 4.04% |
| Annual dividend | $2.92 | $1.80 |
| Revenue (latest FY) | $8.80B | $15.09B |
| Revenue growth (YoY) | +15.43% | +12.01% |
| Net income (latest FY) | $1.46B | $1.02B |
| Operating margin | 23.03% | 14.62% |
| Net margin | 16.60% | 6.76% |
| 52-week high | $118.32 | $52.34 |
| 52-week low | $96.57 | $42.67 |
| Distance from 52-week high | -14.37% | -14.83% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +16.34% | +18.15% |
| Average volume | 1.63M | 4.28M |
| Shares outstanding | 276.84M | 578.64M |
| Employees | 8,913 | 11,186 |
| Sector | Utilities | Utilities |
| Industry | Power Generation | Electric Utilities: Central |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- FirstEnergy trades at a higher earnings multiple (23.8x vs 17.8x trailing P/E).
- FirstEnergy offers a meaningfully higher dividend yield (4.04% vs 2.88%).
- Ameren is more profitable, keeping 16.6 cents of every revenue dollar as net income versus 6.8 cents for FirstEnergy.
About Ameren
AEE stock →Ameren Corporation, together with its subsidiaries, operates as a public utility holding company in the United States. The company operates through four segments: Ameren Missouri, Ameren Illinois Electric Distribution, Ameren Illinois Natural Gas, and Ameren Transmission.
Utilities · Power Generation · 8,913 employees
About FirstEnergy
FE stock →FirstEnergy Corp., together with its subsidiaries, engages in the generation, distribution, and transmission of electricity in the United States. It operates through Distribution, Integrated, and Stand-Alone Transmission segments.
Utilities · Electric Utilities: Central · 11,186 employees
AEE vs FE FAQ
Which is bigger, Ameren or FirstEnergy?
Ameren (AEE) is larger, with a market capitalization of $28.05B compared with $25.80B for FirstEnergy (FE).
Which stock has performed better over the past year, AEE or FE?
AEE returned -3.15% over the past 12 months, compared with -3.94% for FE (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, AEE or FE?
AEE has the lower trailing P/E at 17.8, versus 23.8 for FE. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Ameren or FirstEnergy?
FirstEnergy has the higher yield at 4.04%, compared with 2.88% for Ameren.
Are Ameren and FirstEnergy in the same industry?
Both are in the Utilities sector, but in different industries: Power Generation for Ameren and Electric Utilities: Central for FirstEnergy.