Capital Expenditures for Ameren (AEE)
According to Ameren's latest reported financial statements, the company's current capital expenditures (TTM) is $4.15B USD. Capital expenditures (CapEx) are cash outlays for property, plant, and equipment and other long-lived productive assets — reported on the cash flow statement under investing activities. CapEx funds future capacity (factories, data centers, software, machinery), so rising spend can signal investment in growth, while heavy CapEx reduces free cash flow available to shareholders. We display CapEx as a positive amount (the absolute cash outflow); compare with revenue to gauge capital intensity and with total assets for the asset-base context.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
AEE
Currently viewingCapital ExpendituresSwitch metric
Latest period
$4.15B
YoY change
-6.4%
5Y CAGR
+4.6%
Peak year (2024)
$4.41B
Cumulative capital expenditures
$53.10B
CapEx history chart for Ameren (AEE) from 1997 to 2025
CapEx history table for Ameren (AEE) from 1997 to 2025
| Fiscal year | Period ended | Reported | Capital Expenditures | YoY |
|---|---|---|---|---|
| 2025 | $4.13B | -6.4% | ||
| 2024 | $4.41B | +16.9% | ||
| 2023 | $3.77B | +11.6% | ||
| 2022 | $3.38B | -4.1% | ||
| 2021 | $3.52B | +6.8% | ||
| 2020 | $3.30B | +35.1% | ||
| 2019 | $2.44B | +4.4% | ||
| 2018 | $2.34B | +6.5% | ||
| 2017 | $2.19B | +3.0% | ||
| 2016 | $2.13B | +8.2% | ||
| 2015 | $1.97B | +5.9% | ||
| 2014 | $1.86B | +30.5% | ||
| 2013 | $1.42B | +23.4% | ||
| 2012 | $1.15B | +22.4% | ||
| 2011 | $943.00M | -15.0% | ||
| 2010 | $1.11B | -37.8% | ||
| 2009 | $1.78B | -13.8% | ||
| 2008 | $2.07B | +42.8% | ||
| 2007 | $1.45B | +40.5% | ||
| 2006 | $1.03B | +8.3% | ||
| 2005 | $952.00M | +18.1% | ||
| 2004 | $806.00M | +18.2% | ||
| 2003 | $682.00M | -16.3% | ||
| 2002 | $815.00M | -27.7% | ||
| 2001 | $1.13B | +18.6% | ||
| 2000 | $950.25M | +60.3% | ||
| 1999 | $592.70M | +71.6% | ||
| 1998 | $345.30M | -17.0% | ||
| 1997 | $416.00M | — |
CapEx values are taken from Ameren's reported cash flow statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
In 2025, Ameren (AEE) capital expenditures totalled $4.13B – declined 6.4% year-over-year.
Looking at the 2020–2025 (5 years) stretch, Ameren capital expenditures compounded at +4.6% per year, with the latest reading among the more recent periods of the dataset.
Ameren capital expenditures peaked at $4.41B in 2024; the latest annual figure is $4.13B in 2025 (6.4% below peak).
2024 marks the peak capital expenditures at $4.41B, with the historical low of $345.30M recorded in 1998.
Among 8 Utilities peers, Ameren (AEE) ranks 6th; the peer median for capital expenditures is $9.94B.
Ameren Capital Expenditures by Year
Ameren Capital Expenditures 2025: $4.13B
Ameren capital expenditures in 2025 was $4.13B, declined 6.4% below 2024.
Ameren Capital Expenditures 2024: $4.41B
Ameren capital expenditures in 2024 was $4.41B, grew 16.9% from 2023. This figure represents the highest annual value in the available history.
Ameren Capital Expenditures 2023: $3.77B
Ameren capital expenditures in 2023 was $3.77B, grew 11.6% from 2022.
Ameren Capital Expenditures 2022: $3.38B
Ameren capital expenditures in 2022 was $3.38B, edged down 4.1% below 2021.
Ameren Capital Expenditures 2021: $3.52B
Ameren capital expenditures in 2021 was $3.52B.
See more financial history for Ameren (AEE).
Sector peers — CapEx
Companies in the same sector as Ameren, ranked by their latest capital expenditures.
| Company | Capital Expenditures | Sector |
|---|---|---|
| Duke Energy Corporation (DUK) | $14.02B | Utilities |
| The Southern Company (SO) | $13.39B | Utilities |
| Dominion Energy, Inc. (D) | $12.64B | Utilities |
| Sempra (SRE) | $10.61B | Utilities |
| NextEra Energy, Inc. (NEE) | $9.27B | Utilities |
| Constellation Energy Corporation (CEG) | $2.95B | Utilities |
| GE Vernova Inc. (GEV) | $1.28B | Utilities |
| American Electric Power Company, Inc. (AEP) | $130.00M | Utilities |
Frequently asked questions
What is Ameren's capital expenditures?
- Latest reported capital expenditures for Ameren (AEE) is $4.15B (period ending December 31, 2025).
How has Ameren capital expenditures changed year-over-year?
- Ameren (AEE) capital expenditures changed -6.4% year-over-year on the latest annual filing.
What is the long-term growth rate of Ameren capital expenditures?
- Ameren (AEE) capital expenditures compound annual growth rate is +4.6% over the most recent 5 years available.
When did Ameren capital expenditures hit its highest annual value?
- Ameren capital expenditures reached its highest annual value of $4.41B in 2024.
What was Ameren capital expenditures in 2024?
- Ameren (AEE) capital expenditures in 2024 was $4.41B.
What was Ameren capital expenditures in 2025?
- Ameren (AEE) capital expenditures in 2025 was $4.13B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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