Ameren Corp (AEE)
Pretax margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 1,270,000 | 1,317,000 | 1,366,000 | 1,344,000 | 1,340,000 | 1,334,000 | 1,302,000 | 1,270,000 | 1,255,000 | 1,218,000 | 1,183,000 | 1,177,000 | 1,152,000 | 1,134,000 | 1,070,000 | 1,125,000 | 1,032,000 | 1,014,000 | 1,040,000 | 965,000 |
| Revenue (ttm) | US$ in thousands | 7,623,000 | 7,300,000 | 7,187,000 | 7,254,000 | 7,500,000 | 7,928,000 | 8,174,000 | 8,140,000 | 7,957,000 | 7,456,000 | 6,961,000 | 6,707,000 | 6,394,000 | 6,177,000 | 5,994,000 | 5,920,000 | 5,794,000 | 5,782,000 | 5,813,000 | 5,794,000 |
| Pretax margin | 16.66% | 18.04% | 19.01% | 18.53% | 17.87% | 16.83% | 15.93% | 15.60% | 15.77% | 16.34% | 16.99% | 17.55% | 18.02% | 18.36% | 17.85% | 19.00% | 17.81% | 17.54% | 17.89% | 16.66% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $1,270,000K ÷ $7,623,000K
= 16.66%
The pretax margin of Ameren Corp has shown fluctuations over the given period, ranging from a low of 15.60% on March 31, 2023, to a high of 19.01% on June 30, 2024. Generally, the pretax margin has remained within the range of 15.60% to 19.01% during the analyzed period.
There was an initial increase in the pretax margin from March 31, 2020, to March 31, 2021, indicating improved profitability before a slight decrease by June 30, 2021. The margin then increased again to peak at 19.01% on June 30, 2024, which suggests a significant improvement in efficiency and cost management during that period.
However, in the latter part of the period, the pretax margin experienced a downward trend, falling to 16.66% by December 31, 2024. This could indicate potential challenges or inefficiencies impacting the company's profitability at the end of the analyzed period.
Overall, monitoring and analyzing the pretax margin of Ameren Corp can provide insights into the company's operational efficiency, cost management, and profitability over time.
Peer comparison
Dec 31, 2024