AEE vs. ES: Ameren vs. Eversource Energy Stock Comparison

November 11, 2026

How do Ameren (AEE) and Eversource Energy (ES) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

Ameren (AEE) and Eversource Energy (ES) both fall under the Utilities industry group, but AEE is classified in Multi-Utilities while ES is classified in Electric Utilities.

Company profile comparison for Ameren (AEE) and Eversource Energy (ES)
Profile Item	AEE	ES
Name	Ameren Corporation	Eversource Energy
Country/Region	United States	United States
GICS Sector	Utilities	Utilities
GICS Industry Group	Utilities	Utilities
GICS Industry	Multi-Utilities	Electric Utilities
GICS Sub-Industry	Multi-Utilities	Electric Utilities
Market Capitalization	31.24 billion USD	26.31 billion USD
Currency	USD	USD
Exchange	NYSE	NYSE
Listing Date	January 2, 1998	February 21, 1973
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

AEE

GSPC

Ameren (AEE) vs. Eversource Energy (ES), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Ameren (AEE) and Eversource Energy (ES). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Ameren (AEE) and Eversource Energy (ES). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Ameren (AEE) and Eversource Energy (ES)
Metric	AEE	ES
Total Return (1Y)	11.92%	0.35%
Total Return (3Y, Annualized)	17.94%	14.06%
Total Return (5Y, Annualized)	9.71%	0.61%

Risk Profile

Drawdown History

AEE

GSPC

Ameren (AEE) vs. Eversource Energy (ES), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Ameren (AEE) and Eversource Energy (ES). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Ameren (AEE) and Eversource Energy (ES)
Metric	AEE	ES
Volatility (1Y, Annualized)	17.76%	24.60%
Beta (5Y)	0.40	0.65
Max Drawdown (5Y)	-27.46%	-41.69%
Avg. Volume (3M)	1.74M	2.53M

Risk-Adjusted Performance

Risk-Return Positioning

AEE and ES are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Ameren (AEE) and Eversource Energy (ES)
Metric	AEE	ES
Sharpe Ratio (1Y)	0.43	-0.16
Sortino Ratio (1Y)	0.62	-0.20

Profitability

ROE (TTM)

Capital efficiency shows on one side only: Ameren (AEE) earns 11.78% on shareholders’ equity, ranked against its industry; Eversource Energy (ES) has no ROE this period.

AEE

Utilities industry group

11.78%

Max: 17.99%
Q3: 12.01%
AEE: 11.78%
Median: 9.44%
Q1: 7.56%
Min: 2.17%

ES

Utilities industry group

Max: 17.99%
Q3: 12.01%
Median: 9.44%
Q1: 7.56%
Min: 2.17%
ES: --

Ameren (AEE) vs. Eversource Energy (ES): ES does not report ROE, so it has no value marker; AEE is benchmarked against the Utilities industry group.

Net Margin (TTM)

Ameren (AEE) at 18.59% retains a top-quartile share of revenue as profit, ahead of Eversource Energy (ES) at 10.38%, which keeps about the industry-typical share.

AEE

Utilities industry group

18.59%

Max: 28.78%
AEE: 18.59%
Q3: 17.30%
Median: 12.73%
Q1: 9.18%
Min: -0.20%

ES

Utilities industry group

10.38%

Max: 28.78%
Q3: 17.30%
Median: 12.73%
ES: 10.38%
Q1: 9.18%
Min: -0.20%

Ameren (AEE) vs. Eversource Energy (ES): A comparison of their net margin against the Utilities industry group benchmark.

Operating Margin (TTM)

Ameren (AEE) at 31.23% operates in the top operating margin quartile, ahead of Eversource Energy (ES) at 21.14%, which runs around its industry’s norm.

AEE

Utilities industry group

31.23%

Max: 53.83%
AEE: 31.23%
Q3: 31.12%
Median: 23.62%
Q1: 15.45%
Min: -4.90%

ES

Utilities industry group

21.14%

Max: 53.83%
Q3: 31.12%
Median: 23.62%
ES: 21.14%
Q1: 15.45%
Min: -4.90%

Ameren (AEE) vs. Eversource Energy (ES): A comparison of their operating margin against the Utilities industry group benchmark.

Profitability Metrics

Profitability metrics for Ameren (AEE) and Eversource Energy (ES)
Metric	AEE	ES
ROE (TTM)	11.78%	--
ROA (TTM)	3.12%	--
Net Margin (TTM)	18.59%	10.38%
Operating Margin (TTM)	31.23%	21.14%
Gross Margin (TTM)	52.47%	51.63%

Growth

Revenue Growth

Both Ameren (AEE) at 15.43% and Eversource Energy (ES) at 13.83% sit in the top peer quartile for revenue growth, so each is growing its top line faster than typical industry peers.

Ameren (AEE) vs. Eversource Energy (ES): A comparison of their Revenue Growth across different time periods.

EPS Growth

Both companies show strong earnings momentum, but Eversource Energy (ES) at 100.88% is the standout with EPS growth above its industry range; Ameren (AEE) at 21.04% also sits in the top quartile.

Ameren (AEE) vs. Eversource Energy (ES): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Ameren (AEE) and Eversource Energy (ES)
Metric	AEE	ES
Revenue Growth (YoY)	15.43%	13.83%
Revenue Growth (3Y CAGR)	3.41%	3.30%
EPS Growth (YoY)	21.04%	100.88%
EPS Growth (3Y CAGR)	8.92%	4.03%

Financial Strength

Current Ratio (MRQ)

Short-term liquidity can only be read on one side of this pairing: Ameren (AEE) shows current ratio of 0.74 against its industry benchmark, while Eversource Energy (ES) has no reading this period.

AEE

Utilities industry group

0.74

Max: 1.90
Q3: 1.17
Median: 0.88
AEE: 0.74
Q1: 0.66
Min: 0.29

ES

Utilities industry group

Max: 1.90
Q3: 1.17
Median: 0.88
Q1: 0.66
Min: 0.29
ES: --

Ameren (AEE) vs. Eversource Energy (ES): ES does not report current ratio, so it has no value marker; AEE is benchmarked against the Utilities industry group.

Debt / Equity (MRQ)

Ameren (AEE) at 1.57 carries an industry-typical debt-to-equity mix, while Eversource Energy (ES) at 1.81 uses more debt funding than most peers.

AEE

Utilities industry group

1.57

Max: 2.63
Q3: 1.77
AEE: 1.57
Median: 1.35
Q1: 0.84
Min: 0.00

ES

Utilities industry group

1.81

Max: 2.63
ES: 1.81
Q3: 1.77
Median: 1.35
Q1: 0.84
Min: 0.00

Ameren (AEE) vs. Eversource Energy (ES): A comparison of their debt-to-equity ratio against the Utilities industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Ameren (AEE) and Eversource Energy (ES)
Metric	AEE	ES
Current Ratio (MRQ)	0.74	--
Debt / Equity (MRQ)	1.57	1.81
Net Debt / EBITDA	5.55	5.73

Dividends

Dividend Yield (TTM)

Eversource Energy (ES) at 4.33% offers top-quartile income, while Ameren (AEE) at 0.63% sits in the bottom quartile — a wide gap in cash returned to shareholders.

AEE

Utilities industry group

0.63%

Max: 6.66%
Q3: 3.58%
Median: 2.85%
Q1: 0.66%
AEE: 0.63%
Min: 0.00%

ES

Utilities industry group

4.33%

Max: 6.66%
ES: 4.33%
Q3: 3.58%
Median: 2.85%
Q1: 0.66%
Min: 0.00%

Ameren (AEE) vs. Eversource Energy (ES): A comparison of their dividend yield against the Utilities industry group benchmark.

Dividend Payout Ratio (TTM)

Ameren (AEE) at 51.48% pays out a band-typical share of earnings, while Eversource Energy (ES) at 82.19% distributes more than its industry norm — less retained, thinner cover.

AEE

Utilities industry group

51.48%

Max: 113.04%
Q3: 68.72%
Median: 56.38%
AEE: 51.48%
Q1: 32.38%
Min: 0.00%

ES

Utilities industry group

82.19%

Max: 113.04%
ES: 82.19%
Q3: 68.72%
Median: 56.38%
Q1: 32.38%
Min: 0.00%

Ameren (AEE) vs. Eversource Energy (ES): A comparison of their payout ratio against the Utilities industry group benchmark.

Dividend Metrics

Dividend metrics for Ameren (AEE) and Eversource Energy (ES)
Metric	AEE	ES
Dividend Yield (TTM)	0.63%	4.33%
Dividend Payout Ratio (TTM)	51.48%	82.19%

Valuation

P/E Ratio (TTM)

Both Ameren (AEE) at 19.63 and Eversource Energy (ES) at 18.43 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.

AEE

Utilities industry group

19.63

Max: 31.22
Q3: 23.30
Median: 19.64
AEE: 19.63
Q1: 15.17
Min: 3.34

ES

Utilities industry group

18.43

Max: 31.22
Q3: 23.30
Median: 19.64
ES: 18.43
Q1: 15.17
Min: 3.34

Ameren (AEE) vs. Eversource Energy (ES): A comparison of their P/E ratio against the Utilities industry group benchmark.

P/S Ratio (TTM)

Eversource Energy (ES) at 1.91 is priced about in line with its industry on P/S ratio, while Ameren (AEE) at 3.63 sits in the pricier quartile — AEE costs more per dollar of sales.

AEE

Utilities industry group

3.63

Max: 6.35
AEE: 3.63
Q3: 3.63
Median: 2.63
Q1: 1.52
Min: 0.00

ES

Utilities industry group

1.91

Max: 6.35
Q3: 3.63
Median: 2.63
ES: 1.91
Q1: 1.52
Min: 0.00

Ameren (AEE) vs. Eversource Energy (ES): A comparison of their P/S ratio against the Utilities industry group benchmark.

P/B Ratio (MRQ)

On P/B ratio, both Ameren (AEE) at 2.20 and Eversource Energy (ES) at 1.61 are valued close to their industries’ norm against book — neither stands out from peers.

AEE

Utilities industry group

2.20

Max: 3.12
Q3: 2.21
AEE: 2.20
Median: 1.83
Q1: 1.46
Min: 0.34

ES

Utilities industry group

1.61

Max: 3.12
Q3: 2.21
Median: 1.83
ES: 1.61
Q1: 1.46
Min: 0.34

Ameren (AEE) vs. Eversource Energy (ES): A comparison of their P/B ratio against the Utilities industry group benchmark.

Valuation Metrics

Valuation metrics for Ameren (AEE) and Eversource Energy (ES)
Metric	AEE	ES
P/E Ratio (TTM)	19.63	18.43
P/S Ratio (TTM)	3.63	1.91
P/B Ratio (MRQ)	2.20	1.61
Free Cash Flow Yield (TTM)	-8.06%	--