Ameren vs Pinnacle West Capital
Ameren is the larger business, with $8.80bn of revenue in fiscal 2025 against $5.34bn for Pinnacle West Capital (1.6 times as much). Ameren grew faster (15.4% against 4.2%). Ameren kept more of each dollar of sales as profit: a net margin of 16.5% against 11.5%. Ameren carries less debt relative to equity (149.8% against 149.9%).
| Latest fiscal year | AmerenAEE, 2025 | Pinnacle West CapitalPNW, 2025 |
|---|---|---|
| Revenue | $8.80bn | $5.34bn |
| Revenue growth | 15.4% | 4.2% |
| Net income | $1.46bn | $617m |
| Operating margin | 23.0% | 20.0% |
| Net margin | 16.5% | 11.5% |
| Return on equity | 11.4% | 8.9% |
| Free cash flow | −$775m | −$820m |
| Cash | $13.0m | $6.6m |
| Total debt | $20.07bn | $10.56bn |
| Debt to equity | 149.8% | 149.9% |
| Dividend per share | $2.84 | $3.61 |
| Dividend yield | 2.6% | 3.3% |
| Share buybacks | — | — |
| Employees | — | — |
| Market value | $30.49bn | $13.35bn |
| Price vs our value range | — | — |
| Moat score | 41 (Weak) | 40 (Weak) |
| Insider trades, 12 months | 0 buys, 23 sales | 0 buys, 4 sales |