Ameren Corp (AEE)
Profitability ratios
Return on sales
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 69.51% | 73.10% | 73.98% | 73.76% | 72.83% | 72.14% | 70.29% | 69.35% | 68.58% | 67.70% | 65.37% | 63.43% | 60.96% | 84.33% | 79.17% | 74.68% | 69.98% | 70.72% | 70.19% | 69.64% |
| Operating profit margin | 20.77% | 19.80% | 19.02% | 18.86% | 19.04% | 19.26% | 19.70% | 20.10% | 20.85% | 21.81% | 21.81% | 23.23% | 22.44% | 21.86% | 22.26% | 21.06% | 21.44% | 20.92% | 20.85% | 21.91% |
| Pretax margin | 17.80% | 16.76% | 15.87% | 15.54% | 15.71% | 16.27% | 16.92% | 17.49% | 17.94% | 18.28% | 17.75% | 18.90% | 17.71% | 17.39% | 17.80% | 16.57% | 17.11% | 16.30% | 16.17% | 17.21% |
| Net profit margin | 15.36% | 14.59% | 13.65% | 13.34% | 13.50% | 13.89% | 14.50% | 15.04% | 15.48% | 15.87% | 15.38% | 16.18% | 15.03% | 14.67% | 14.59% | 13.53% | 14.03% | 13.40% | 13.10% | 13.67% |
The profitability ratios of Ameren Corp. have shown fluctuations over the last eight quarters.
The gross profit margin, which indicates the company's ability to generate profit from its core operations, has ranged from 64.67% to 71.11% during this period. It reached its peak in Q4 2023 at 71.11% but has generally been above 65%, reflecting strong pricing strategies and efficient cost management.
The operating profit margin, a measure of operational efficiency, has stayed in the range of 18.86% to 20.77%. This ratio peaked in Q4 2023, showing an upward trend in operational profitability.
The pretax margin, which signifies the percentage of each dollar of revenue that results in earnings before taxes, has fluctuated between 15.60% and 17.87% over the quarters. It reached its highest point in Q4 2023 at 17.87%, indicating effective management of operating expenses and taxes.
Lastly, the net profit margin, revealing the final profit after all expenses are considered, varied from 13.34% to 15.36%. The company's net profitability improved in Q4 2023, reaching 15.36%.
Overall, Ameren Corp.'s profitability ratios demonstrate solid performance, with improvements in gross profit margin, operating profit margin, pretax margin, and net profit margin over the quarters. These trends suggest effective cost control measures and efficient operations, contributing to sustained profitability for the company.
Return on investment
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 3.82% | 3.96% | 3.99% | 4.03% | 4.00% | 3.81% | 3.69% | 3.72% | 3.73% | 3.89% | 3.85% | 4.19% | 4.06% | 4.16% | 4.31% | 4.17% | 4.38% | 4.39% | 4.51% | 4.99% |
| Return on assets (ROA) | 2.82% | 2.92% | 2.87% | 2.85% | 2.83% | 2.75% | 2.72% | 2.79% | 2.77% | 2.83% | 2.72% | 2.92% | 2.72% | 2.79% | 2.83% | 2.68% | 2.87% | 2.81% | 2.83% | 3.11% |
| Return on total capital | 5.89% | 6.31% | 6.21% | 6.19% | 6.26% | 6.04% | 6.00% | 6.03% | 5.99% | 6.09% | 5.98% | 6.65% | 6.49% | 6.79% | 7.03% | 6.99% | 7.46% | 7.50% | 7.91% | 8.61% |
| Return on equity (ROE) | 10.15% | 10.48% | 10.43% | 10.24% | 10.22% | 10.16% | 10.21% | 10.29% | 10.21% | 10.12% | 9.86% | 10.47% | 9.74% | 10.02% | 10.31% | 9.70% | 10.29% | 9.96% | 10.22% | 11.11% |
Ameren Corp.'s profitability ratios have been relatively stable over the past eight quarters. Starting with the operating return on assets (Operating ROA), the company has maintained a consistent range between 3.69% and 4.03%. This ratio indicates how efficiently the company is generating profits from its assets used in operations.
Moving on to the return on assets (ROA), Ameren Corp. has shown a similar trend with values fluctuating between 2.72% and 2.92%. This ratio provides insight into the company's overall profitability in relation to its total assets.
The return on total capital for Ameren Corp. has also been relatively steady, ranging from 5.64% to 5.93%. This metric calculates the return earned on all capital, including debt and equity, invested in the company.
Lastly, the return on equity (ROE) reflects how well the company is utilizing shareholder equity to generate profits. Ameren Corp.'s ROE has remained in the range of 10.16% to 10.48% over the past eight quarters.
Overall, Ameren Corp. appears to have maintained a consistent level of profitability as indicated by these key ratios, demonstrating efficient use of assets and capital to generate returns for shareholders.