Quick answer: latest quarter results, by ticker or company name

Reported Q: Q2 2024 Rev YoY: -3.8% EPS YoY: +7.8% Move: -0.11%

Ameren Corporation

0HE2.L

$109.35 -0.11%

Exchange LSE Sector Utilities Industry General Utilities

Q2 2024

Published: Aug 5, 2024

Company Status Snapshot

Fast view of the latest quarter outcome for 0HE2.L

Reported

Report Date

Aug 5, 2024

Quarter Q2 2024

Revenue

1.69B

YoY: -3.8%

EPS

0.97

YoY: +7.8%

Market Move

-0.11%

Previous quarter: N/A

Follow this company to get upcoming quarter alerts automatically.

Earnings Highlights

Revenue of $1.69B down 3.8% year-over-year
EPS of $0.97 increased by 7.8% from previous year
Gross margin of 51.3%
Net income of 258.00M
""Our ongoing efforts to enhance our renewable energy generation capabilities will set the stage for sustainable growth and value creation for our stakeholders."" - CEO Mark E. R. Lindgren

0HE2.L

Ameren Corporation

Period Q2 2024

Currency USD

Report Type Quarterly Earnings

Generated Mar 30, 2026

Swipe to view all report sections

Executive Summary

In Q2 2024, Ameren Corporation reported revenues of $1.693 billion, reflecting a decrease of 3.81% year-on-year and a 6.77% decline quarter-on-quarter. However, the company demonstrated resilience with an operating income of $361 million and a net income of $258 million, representing an increase in net income of 8.86% year-on-year. Management highlighted ongoing investments in infrastructure and a focus on enhancing service reliability, which they believe will sustain long-term growth despite short-term pressures. Key challenges included higher operating expenses alongside ongoing interest burdens, but the strategic pivot towards renewable energy sources continues to bolster investor confidence.

Key Performance Indicators

Revenue

Decreasing

1.69B

QoQ: -6.77% | YoY: -3.81%

Gross Profit

Increasing

868.00M

51.27% margin

QoQ: 0.12% | YoY: 10.15%

Operating Income

Increasing

361.00M

QoQ: -2.70% | YoY: 9.73%

Net Income

Increasing

258.00M

QoQ: -1.15% | YoY: 8.86%

EPS

Increasing

0.97

QoQ: -1.02% | YoY: 7.78%

Revenue Trend

Margin Analysis

Financial Highlights

Revenue Performance:
- Q2 2024 Revenue: $1.693 billion, down 3.81% YoY and 6.77% QoQ.
- Gross Profit: $868 million, up 10.15% YoY, indicating a stronger gross profit margin of 51.27%.

Profitability Metrics:
- Operating Income: $361 million, with an operating margin of 21.32%. This shows a 9.73% YoY growth, though a slight decrease of 2.70% QoQ.
- Net Income: $258 million with a net margin of 15.24%.
- Earnings Per Share (EPS): $0.97, up 7.78% YoY despite a minor decline of 1.02% QoQ.

Balance Sheet Insights:
- Total Assets: $42.33 billion, with total liabilities of $30.67 billion leading to a debt ratio of 72.4%.
- Cash Position: Ended the quarter with $19 million in cash, proving liquidity constraints amid increased capital expenditure.

Income Statement

Metric	Value	YoY Change	QoQ Change
Revenue	1.69B	-3.81%	-6.77%
Gross Profit	868.00M	10.15%	0.12%
Operating Income	361.00M	9.73%	-2.70%
Net Income	258.00M	8.86%	-1.15%
EPS	0.97	7.78%	-1.02%

Key Financial Ratios

Gross Profit Margin

Good

53.40%

Gross profit margin is healthy and competitive within industry standards

Operating Profit Margin

Good

22.20%

Operating margin is healthy and competitive within industry standards

Net Profit Margin

Good

15.90%

Net profit margin is healthy and competitive within industry standards

Return on Assets

Weak

0.61%

Return on assets suggests inefficient capital allocation

Return on Equity

Weak

2.24%

Return on equity suggests inefficient capital allocation

Current Ratio

Concern

0.67

Current ratio below safe levels, potential liquidity risk

Debt to Equity

High Risk

1.54

Debt-to-equity indicates high leverage and elevated financial risk

P/E Ratio

Fair Value

18.28x

P/E ratio in line with market averages

Price to Book

Fair Value

1.64x

Price-to-book ratio reasonable for profitable companies

Historical Earnings Comparison

Period	Revenue ($M)	EPS ($)	YoY Growth	Report
Q2 2025	2,221.00	1.01	+31.2%	View
Q1 2025	2,097.00	1.07	+15.5%	View
Q4 2024	1,941.00	0.77	+20.0%	View
Q3 2024	2,173.00	1.70	+5.5%	View
Q2 2024	1,693.00	0.97	-3.8%	View

Ameren Corporation (0HE2.L) Q2 2024 Earnings Report

Company Status Snapshot

Earnings Highlights

Executive Summary

Key Performance Indicators

Revenue Trend

Margin Analysis

Historical Earnings Comparison

More 0HE2.L Quarterly Reports

0HE2.L

0HE2.L

0HE2.L

0HE2.L

Q2 2024 Reports in Utilities Sector

Related Financial Data

Sector Analysis: Utilities

0HE2.L Full Profile

0HE2.L Financial Statements

Earnings Calendar