AEEAmeren

$107.74

Is it safe?

Can AEE take a bad year?

Ameren carries $21.8B of net debt at 5.68× EBITDA: a heavy load to carry through a bad year.

$21.8B

Net debt · as at Q2 2026 · over four years of earnings before interest, tax and depreciation, heavy

Net debt / EBITDA
5.68×

Net debt / EBITDA · 6.28× a year ago · the load is coming down

Altman Z-score
0.98

Altman Z-score · distress zone, below 1.8

Cash runway
0.0 years

Cash runway · burning $350M a quarter at the current rate

Details
Total debtQ2 2026
$21.8B
Cash and short-term investments
$12M
Net debt
$21.8B
EBITDA, trailing twelve months
$3.84B
Operating profit, trailing twelve months
$2.18B
Debt / equity
1.59×
Total debt / EBITDA
5.68×
Annualised volatilitytwo years of daily moves
17%
Worst drawdown on file
−29%
Below its 52-week high
−5.3%

Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.