Ameren(US:AEE) Prnewswire·2026-02-11 21:30Core Insights - Ameren Corporation reported a net income of $1,456 million for 2025, translating to $5.35 per diluted share, an increase from $1,182 million or $4.42 per diluted share in 2024 [1] - The company affirmed its earnings guidance for 2026, projecting earnings between $5.25 and $5.45 per diluted share, with a compound annual growth rate of 6% to 8% expected from 2026 through 2030 [1][2] - The increase in earnings was attributed to higher infrastructure investment returns, new electric service rates, and increased retail electric sales, particularly in Ameren Missouri, driven by favorable weather conditions [1][2] Financial Performance - 2025 adjusted EPS was $5.03 compared to $4.63 in 2024, while GAAP diluted EPS rose from $4.42 in 2024 to $5.35 in 2025 [1] - For Q4 2025, GAAP net income was $252 million or $0.92 per diluted share, up from $207 million or $0.77 per diluted share in Q4 2024 [1] - The total operating revenues for 2025 were $8,799 million, compared to $7,623 million in 2024, reflecting a significant year-over-year increase [4] Segment Performance - Ameren Missouri's 2025 GAAP and adjusted earnings were $747 million, up from $559 million in 2024, driven by infrastructure investments and new electric service rates [2] - Ameren Transmission reported 2025 GAAP earnings of $415 million, an increase from $323 million in 2024, attributed to higher infrastructure investment returns [2] - Ameren Illinois Electric Distribution segment saw GAAP earnings rise to $281 million in 2025 from $234 million in 2024, reflecting increased infrastructure investments [2] Future Outlook - The company plans to invest $31.8 billion in infrastructure, which is expected to support a projected rate base growth of approximately 10.6% compounded annually from 2025 through 2030 [1][2] - The earnings guidance for 2026 assumes normal temperature conditions and is subject to various regulatory and market factors [1][2] - The company emphasizes a strategic approach to investing in energy infrastructure to enhance reliability and support community growth [1]