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Ameren cash flow statement

In fiscal 2025, Ameren's operations generated $3.35bn of cash; it spent $4.13bn on capital projects, leaving free cash flow of −$775m. It returned $768m in dividends.

Cash flow statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year2009Dec 20092010Dec 20102011Dec 20112012Dec 20122013Dec 20132014Dec 20142015Dec 20152016Dec 20162017Dec 20172018Dec 20182019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMJun 2026
Cash from operations1,9671,8231,8781,6901,6931,5652,0312,1172,1182,1702,1701,7271,6612,2632,5642,7633,3533,251
Depreciation and amortisation7087466026336667107778358769381,0021,1531,2191,3731,4321,5241,6121,660
Stock-based pay—1317292725241717202021222426282830
Capital spending1,7101,0428811,0631,3791,7851,9172,0762,1322,2862,4113,2333,4793,3513,5974,3194,1284,651
Free cash flow257781997627314−22011441−14−116−241−1,506−1,818−1,088−1,033−1,556−775−1,400
Free cash flow after stock pay—768980598287−2459024−31−136−261−1,527−1,840−1,112−1,059−1,584−803−1,430
Dividends paid338368375382388390402416431451472494565610662714768798
Share buybacks———————512400———————
Shares issued6348065————007468476308333346273574571

Free cash flow is cash from operations minus capital spending. Free cash flow after stock pay also subtracts stock-based compensation, a real cost to shareholders that the cash flow statement adds back. Dividends, buybacks and shares issued are cash amounts for the period.

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Figures from Ameren's SEC filings (10-K and 10-Q), retrieved October 20, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Ameren.