Ameren (AEE) Q4 2025 Earnings Call Transcript

Motley Fool Transcribing, The Motley Fool

Thu, February 12, 2026 astatine 11:10 AM CST 45 min read

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Thursday, Feb. 12, 2026 astatine 10 a.m. ET

• Chairman, President, and Chief Executive Officer — Martin J. Lyons

• Executive Vice President and Chief Financial Officer — Michael L. Moehn

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Martin J. Lyons: Beginning connected leafage four, present we item immoderate of the cardinal updates we volition screen today. We volition locomotion done our 2025 fiscal results, recap cardinal accomplishments, and sermon however we are good positioned for 2026 and the years ahead. Specifically, we delivered 2025 adjusted net of $5.03 per stock which represents 8.6% maturation implicit adjusted 2024 results. And we affirmed our 2026 net per stock guidance scope of $5.25 to $5.45. I americium besides pleased to study that this week, we signed 2.2 gigawatts of ample load electrical work agreements successful Missouri.

We proceed to instrumentality meaningful steps towards supporting important economical improvement opportunities emerging crossed our work territory portion besides continuing to supply beardown worth for each our customers and our communities.

Andrew Kirk: I americium proud

Martin J. Lyons: not lone of the beardown operational and fiscal results we delivered arsenic an Ameren Corporation team, but besides our strategical plans and accomplishments that we expect volition pb to competitory semipermanent returns for our shareholders successful the years ahead. Today, we issued 6% to 8% net per stock maturation guidance for the play 2026 to 2030, and we proceed to expect year-over-year results adjacent the precocious extremity of that range. Turning present to leafage five. As always, astatine the halfway of everything we bash is creating worth for the 2,500,000 electrical and 900,000 earthy state customers that we person the privilege to serve.

Our 3 pillar strategy—investing successful rate-regulated infrastructure, advocating for constructive regulatory and legislative frameworks, and optimizing our business—continues to usher our enactment for customers, communities, and shareholders. This year, the Ameren Corporation squad accomplished each of the cardinal strategical objectives we outlined a twelvemonth ago, shown connected leafage six. This included concern of much than $4,000,000,000 successful electric, earthy gas, and transmission infrastructure. We installed astir 26,000 electrical organisation poles, 283 miles of upgraded transmission and organisation lines, and underground cable, 750 astute switches, and 31 caller oregon upgraded substations. We besides made important advancement connected the improvement of caller procreation resources.

On the regulatory front, we received constructive orders successful some Missouri and Illinois electrical and earthy state complaint reviews. And legislatively, the enactment of Missouri Senate Bill 4 provides enactment for economical improvement and concern successful reliable vigor for years to come. To further beforehand economical improvement and ongoing reliability, we updated our Ameren Missouri preferred assets program past February and instantly began executing connected the accelerated components. Speaking of economical development, successful 2025, we worked with stakeholders crossed Missouri and Illinois to enactment much than 70 projects that are expected to bring an estimated $3,600,000,000 of superior concern and astir 3,700 jobs to our work territory from caller oregon expanding businesses, fueling determination economical maturation for years to come.