Ameren Corp (AEE)

Return on equity (ROE)

		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
Net income (ttm)	US$ in thousands	1,152,000	1,157,000	1,116,000	1,086,000	1,074,000	1,036,000	1,009,000	1,009,000	990,000	980,000	922,000	958,000	871,000	851,000	848,000	784,000	829,000	803,000	796,000	856,000
Total stockholders’ equity	US$ in thousands	11,349,000	11,043,000	10,697,000	10,607,000	10,508,000	10,201,000	9,880,000	9,806,000	9,700,000	9,685,000	9,353,000	9,148,000	8,938,000	8,489,000	8,227,000	8,085,000	8,059,000	8,062,000	7,791,000	7,705,000
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%

December 31, 2023 calculation

ROE = Net income (ttm) ÷ Total stockholders’ equity
= $1,152,000K ÷ $11,349,000K
= 10.15%

Ameren Corp.'s return on equity (ROE) has been relatively stable in recent quarters, ranging between 10.15% and 10.48%. This indicates that the company is consistently generating profits relative to shareholders' equity. The ROE of around 10% suggests that Ameren is effectively utilizing its equity capital to generate income.

While the slight fluctuations in ROE quarter to quarter are normal, the consistency in the 10% range signifies that Ameren is maintaining a healthy level of profitability and efficient use of shareholder funds. Investors and analysts typically view a stable and positive ROE as a positive signal of a company's financial health and management's effectiveness in generating returns for shareholders.

Overall, Ameren Corp.'s ROE performance demonstrates a solid financial position and efficient capital management. It is advisable for stakeholders to continue monitoring this metric along with other key financial ratios to assess the company's overall performance and sustainability.