Ameren (AEE) FY2023 results: revenue $7.5 billion, down 5.7% on the year
Ameren Corp. (AEE) reported revenue of $7.5 billion for fiscal 2023, the year ended 31 December 2023, down 5.7% on the year before. Net income was $1.2 billion, up 7.3%, and diluted earnings per share $4.38. The figures are the company's own, from the 10-K it filed with the SEC on 29 February 2024.
Revenue
$7.5 billion
-5.7% on the year
FY2016FY2023
Operating margin
20.8%
19.0% a year earlier
FY2016FY2023
Net income
$1.2 billion
+7.3% on the year
FY2016FY2023
Diluted EPS
$4.38
+5.8% on the year
FY2016FY2023
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2023
FY2022
FY2021
On the year
Last 8 years
Operating cash flow
2,564
2,263
1,661
+13.3%
Capital expenditure
3,597
3,351
3,479
+7.3%
Free cash flow
-1,033
-1,088
-1,818
Free cash flow margin
-13.8%
-13.7%
-28.4%
Cash from investing
-3,798
-3,370
-3,528
Cash from financing
1,290
1,168
1,721
+10.4%
Depreciation and amortisation
1,432
1,373
1,219
+4.3%
Share-based compensation
26.0
24.0
22.0
+8.3%
Dividends paid
662
610
565
+8.5%
Dividend per share
$2.52
$2.36
$2.20
+6.8%
Diluted shares, weighted
263m
260m
258m
+1.5%
Shares outstanding at period end
266m
262m
258m
+1.6%
Balance sheet
$ million
FY2023
FY2022
FY2021
On the year
Last 8 years
Shareholders' equity
11,349
10,508
9,700
+8.0%
Non-controlling interest
129
129
129
0.0%
Debt
16,506
15,095
13,612
+9.3%
Other liabilities
12,846
12,172
12,294
+5.5%
Total liabilities and equity
40,830
37,904
35,735
+7.7%
Fixed assets
33,776
31,262
29,261
+8.0%
Goodwill
411
411
411
0.0%
Securities held for sale or to maturity
354
329
328
+7.6%
Cash and equivalents
25.0
10.0
8.0
+150.0%
Receivables
494
600
434
-17.7%
Inventory
733
667
592
+9.9%
Other assets
5,037
4,625
4,701
+8.9%
Total assets
40,830
37,904
35,735
+7.7%
10-K for the year ended 31 December 2023, filed 29 February 2024: the filing.