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Stock Comparison · Industry comparison · Utilities - Regulated Electric

Ameren vs FirstEnergy: Which Stock Looks Stronger in 2026?

Ameren holds the cleaner structural position, with profitability as the main driver and growth adding further support. FirstEnergy still has the edge on growth, which keeps the comparison from looking entirely one-sided. The market setup is broadly comparable for both — no clear directional signal from price behavior. The market is not adding a decisive signal either way — the structural read carries the weight.

The comparison is based on similar long-term financial trajectories, not sector labels. Both peer scores are relative to the S&P 500 universe, making them directly comparable.

Updated 2026-07-05

Most of the separation is still concentrated in profitability. Ameren Corporation leads by 19 points on the overall comparison score.

INDUSTRY COMPARISON

Both operate in: Utilities - Regulated Electric

This comparison is based on industry proximity, not on functional trajectory similarity. AEE and FE share the same industry classification.

For a similarity-based comparison, see how Ameren and FirstEnergy each position within their functional peer groups in AssetNext.

Peer-Relative Score
AEE
Ameren Corporation
67
Peer-Score
Signal qualitylow
Peer basis: S&P 500
vs
FE
FirstEnergy Corp.
48
Peer-Score
Signal qualitylow
Peer basis: S&P 500

Scores reflect position relative to comparable companies with similar long-term financial trajectories.

The largest gaps do not all point in the same direction.

Dimension spread: AEE vs FE Profitability 77 14 Stability 49 54 Valuation 78 57 Growth 53 79 AEE FE
Gap Ranking
#1 Profitability +63
#2 Growth +26
#3 Valuation +21
#4 Stability +5
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

Price setup map for AEE and FE Stronger + cheaper Stronger + richer Weaker + cheaper Weaker + richer AEEFE Relative valuation Structural strength

Ameren Corporation looks stronger on relative valuation, while the broader price setup remains mixed.

Valuation position uses peer-relative PE percentile (idx_pct_pe) where available.

Entry today — historical context

Where AEE and FE each sit in their own 5-year price and valuation history.

BASED ON 5-YEAR HISTORY AEE Elevated · above norm 0th 50th 100th 3 pct gap FE Elevated · above norm 0th 50th 100th 99th 96th
AEE (99th percentile) and FE (96th percentile) both sit in the upper portion of their own 5-year ranges. The historical entry context is broadly similar for both. This reflects entry timing, not which company is structurally stronger.

Describes historical entry positioning only. Descriptive — not investment advice.

Relative Position vs Comparable Companies
Profitability
Ameren Corporation ranks near the top of the group on profitability; FirstEnergy Corp. sits in the weaker half.
Growth
On growth, the edge still sits with FirstEnergy Corp., even though both profiles look solid.
Profitability — Dominant Gap
AEE
77
FE
14
Gap+63in favour of AEE

The profitability lead is mainly driven by a 7.3-point operating margin advantage.

What else supports the lead

Absolute pricing reinforces the lead rather than leaving the result tied to one dimension, with a trailing P/E that is 5.7 turns lower.

What this means for the comparison

The profitability lead is decisive, but growth still runs counter to it — the result is clear, not entirely one-sided.

Explore full peer positioning in AssetNext

Break down the AEE vs FE comparison across all dimensions with the full interactive tool.

Explore full breakdown →
Other comparisons with conflicting dimension signals

Explore how AEE and FE each compare against other companies in their peer groups.

Rule-based, descriptive analysis only. Derived from peer percentile dimensions. Not investment advice. Peer groups are determined algorithmically based on structural similarity — not by sector classification alone.

How AssetNext Peer Scores Work

AssetNext scores reflect each company's structural position within its functional peer group — not a ranking against all stocks simultaneously. Peers are identified by similarity across eight financial dimensions, including revenue growth trajectory, margin structure, capital intensity, and earnings stability. A score of 75 means the company ranks in the top quartile within its own peer group, not the entire market.

Four dimension scores drive the overall peer score: Growth (revenue trajectory and expansion dynamics), Quality (margin structure and capital efficiency), Valuation (peer-relative pricing on standard multiples), and Stability (earnings consistency and financial predictability). Each dimension is scored 0–100 relative to the peer group, then combined into an overall peer score using equal weighting.

Because scores are peer-relative, the same company can have slightly different scores in different index universes. On comparison pages, both companies are shown within their shared peer universe wherever possible — so the scores are directly comparable. The peer basis is stated on each score card.

Scores are recalculated periodically as underlying financial data is updated. All analysis is descriptive and rule-based — AssetNext describes structural realities and never issues buy, sell or hold recommendations.