Seek Returns

AEE vs. NI: Ameren vs. NiSource Stock Comparison

How do Ameren (AEE) and NiSource (NI) 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 NiSource (NI) are both classified in the Multi-Utilities sub-industry within the broader Multi-Utilities industry, placing them in the closest GICS peer bucket.

Company profile comparison for Ameren (AEE) and NiSource (NI)
Profile ItemAEENI
NameAmeren CorporationNiSource Inc.
Country/RegionUnited StatesUnited States
GICS SectorUtilitiesUtilities
GICS Industry GroupUtilitiesUtilities
GICS IndustryMulti-UtilitiesMulti-Utilities
GICS Sub-IndustryMulti-UtilitiesMulti-Utilities
Market Capitalization31.24 billion USD21.18 billion USD
CurrencyUSDUSD
ExchangeNYSENYSE
Listing DateJanuary 2, 1998February 21, 1973
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

AEE
NI
GSPC
Loading price history…
Ameren (AEE) vs. NiSource (NI), 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

Loading price history…
Trailing total returns for Ameren (AEE) and NiSource (NI). Returns over one year are annualized.

Calendar-Year Returns

Loading price history…
Calendar-year total returns for Ameren (AEE) and NiSource (NI). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Ameren (AEE) and NiSource (NI)
MetricAEENI
Total Return (1Y)11.92%6.11%
Total Return (3Y, Annualized)17.94%25.66%
Total Return (5Y, Annualized)9.71%16.11%

Risk Profile

Drawdown History

AEE
NI
GSPC
Loading price history…
Ameren (AEE) vs. NiSource (NI), 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

Loading price history…
Distribution of monthly total returns for Ameren (AEE) and NiSource (NI). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Ameren (AEE) and NiSource (NI)
MetricAEENI
Volatility (1Y, Annualized)17.76%18.23%
Beta (5Y)0.400.53
Max Drawdown (5Y)-27.46%-24.76%
Avg. Volume (3M)1.74M5.64M

Risk-Adjusted Performance

Risk-Return Positioning

Loading chart…
AEE and NI 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 NiSource (NI)
MetricAEENI
Sharpe Ratio (1Y)0.430.10
Sortino Ratio (1Y)0.620.14

Profitability

ROE (TTM)

Both Ameren (AEE) at 11.78% and NiSource (NI) at 8.71% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.

AEE

Utilities industry group

11.78%

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

NI

Utilities industry group

8.71%

Max
17.99%
Q3
12.01%
Median
9.44%
NI
8.71%
Q1
7.56%
Min
2.17%
Loading chart…
Ameren (AEE) vs. NiSource (NI): A comparison of their ROE against the Utilities industry group benchmark.

Net Margin (TTM)

Ameren (AEE) at 18.59% retains a top-quartile share of revenue as profit, ahead of NiSource (NI) at 13.51%, 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%

NI

Utilities industry group

13.51%

Max
28.78%
Q3
17.30%
NI
13.51%
Median
12.73%
Q1
9.18%
Min
-0.20%
Loading chart…
Ameren (AEE) vs. NiSource (NI): 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 NiSource (NI) at 25.20%, 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%

NI

Utilities industry group

25.20%

Max
53.83%
Q3
31.12%
NI
25.20%
Median
23.62%
Q1
15.45%
Min
-4.90%
Loading chart…
Ameren (AEE) vs. NiSource (NI): A comparison of their operating margin against the Utilities industry group benchmark.

Profitability Metrics

Profitability metrics for Ameren (AEE) and NiSource (NI)
MetricAEENI
ROE (TTM)11.78%8.71%
ROA (TTM)3.12%3.25%
Net Margin (TTM)18.59%13.51%
Operating Margin (TTM)31.23%25.20%
Gross Margin (TTM)52.47%50.92%

Growth

Revenue Growth

Both Ameren (AEE) at 15.43% and NiSource (NI) at 21.76% sit in the top peer quartile for revenue growth, so each is growing its top line faster than typical industry peers.

Loading chart…
Ameren (AEE) vs. NiSource (NI): A comparison of their Revenue Growth across different time periods.

EPS Growth

Both Ameren (AEE) at 21.04% and NiSource (NI) at 20.37% sit in the top peer quartile for EPS growth, so each is compounding per-share earnings faster than typical industry peers.

Loading chart…
Ameren (AEE) vs. NiSource (NI): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Ameren (AEE) and NiSource (NI)
MetricAEENI
Revenue Growth (YoY)15.43%21.76%
Revenue Growth (3Y CAGR)3.41%4.32%
EPS Growth (YoY)21.04%20.37%
EPS Growth (3Y CAGR)8.92%4.68%

Financial Strength

Current Ratio (MRQ)

Ameren (AEE) at 0.74 keeps current ratio within its industry’s typical mid-range, while NiSource (NI) at 0.50 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for NI.

AEE

Utilities industry group

0.74

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

NI

Utilities industry group

0.50

Max
1.90
Q3
1.17
Median
0.88
Q1
0.66
NI
0.50
Min
0.29
Loading chart…
Ameren (AEE) vs. NiSource (NI): A comparison of their current ratio against the Utilities industry group benchmark.

Debt / Equity (MRQ)

Both Ameren (AEE) at 1.57 and NiSource (NI) at 1.53 fund their balance sheets with roughly industry-typical debt-to-equity mixes.

AEE

Utilities industry group

1.57

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

NI

Utilities industry group

1.53

Max
2.63
Q3
1.77
NI
1.53
Median
1.35
Q1
0.84
Min
0.00
Loading chart…
Ameren (AEE) vs. NiSource (NI): A comparison of their debt-to-equity ratio against the Utilities industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Ameren (AEE) and NiSource (NI)
MetricAEENI
Current Ratio (MRQ)0.740.50
Debt / Equity (MRQ)1.571.53
Net Debt / EBITDA5.555.87

Dividends

Dividend Yield (TTM)

NiSource (NI) at 0.68% pays a yield in its industry’s typical range, while Ameren (AEE) at 0.63% falls in the bottom quartile of its peers.

AEE

Utilities industry group

0.63%

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

NI

Utilities industry group

0.68%

Max
6.66%
Q3
3.58%
Median
2.85%
NI
0.68%
Q1
0.66%
Min
0.00%
Loading chart…
Ameren (AEE) vs. NiSource (NI): A comparison of their dividend yield against the Utilities industry group benchmark.

Dividend Payout Ratio (TTM)

Both Ameren (AEE) at 51.48% and NiSource (NI) at 60.51% keep payout ratio within their industries’ typical mid-ranges — dividend policies that share earnings without consuming too much of them.

AEE

Utilities industry group

51.48%

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

NI

Utilities industry group

60.51%

Max
113.04%
Q3
68.72%
NI
60.51%
Median
56.38%
Q1
32.38%
Min
0.00%
Loading chart…
Ameren (AEE) vs. NiSource (NI): A comparison of their payout ratio against the Utilities industry group benchmark.

Dividend Metrics

Dividend metrics for Ameren (AEE) and NiSource (NI)
MetricAEENI
Dividend Yield (TTM)0.63%0.68%
Dividend Payout Ratio (TTM)51.48%60.51%

Valuation

P/E Ratio (TTM)

Both Ameren (AEE) at 19.63 and NiSource (NI) at 22.64 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

NI

Utilities industry group

22.64

Max
31.22
Q3
23.30
NI
22.64
Median
19.64
Q1
15.17
Min
3.34
Loading chart…
Ameren (AEE) vs. NiSource (NI): A comparison of their P/E ratio against the Utilities industry group benchmark.

P/S Ratio (TTM)

NiSource (NI) at 3.04 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

NI

Utilities industry group

3.04

Max
6.35
Q3
3.63
NI
3.04
Median
2.63
Q1
1.52
Min
0.00
Loading chart…
Ameren (AEE) vs. NiSource (NI): 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 NiSource (NI) at 2.21 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

NI

Utilities industry group

2.21

Max
3.12
Q3
2.21
NI
2.21
Median
1.83
Q1
1.46
Min
0.34
Loading chart…
Ameren (AEE) vs. NiSource (NI): A comparison of their P/B ratio against the Utilities industry group benchmark.

Valuation Metrics

Valuation metrics for Ameren (AEE) and NiSource (NI)
MetricAEENI
P/E Ratio (TTM)19.6322.64
P/S Ratio (TTM)3.633.04
P/B Ratio (MRQ)2.202.21
Free Cash Flow Yield (TTM)-8.06%-10.51%