Company: AILIM
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001002910-25-000129
Chunk: 6

Company: Ameren Illinois Co
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 2
Chunk 6
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 because of the global economic and political environment, weather, supply, demand, and many other factors. We have natural gas cost recovery mechanisms for our Illinois and Missouri natural gas distribution businesses, a purchased power cost recovery mechanism for Ameren Illinois’ electric distribution business, and a FAC for Ameren Missouri’s electric business.

We employ various risk management strategies to reduce our exposure to commodity risk and other risks inherent in our business. The reliability of Ameren Missouri’s energy centers and our transmission and distribution systems, and the level and timing of operations and maintenance costs and capital investment, are key factors that we seek to manage in order to optimize our results of operations, financial position, and liquidity.

Earnings Summary

The following table presents a summary of Ameren’s earnings for the three and nine months ended September 30, 2025 and 2024:

Three MonthsNine Months2025202420252024Net income attributable to Ameren common shareholders$640 $456 $1,204 $975 Earnings per common share – diluted2.35 1.70 4.43 3.65 

Net income attributable to Ameren common shareholders increased $184 million and earnings per diluted share increased 65 cents in the three months ended September 30, 2025, compared with the year-ago period. The increase was due to net income increases of $137 million, $61 million, and $1 million, at Ameren Missouri, Ameren Transmission and Ameren Illinois Electric Distribution, respectively. These increases were partially offset by an increase in net loss of $3 million at Ameren Illinois Natural Gas and $12 million for activity not reported as part of a segment, primarily at Ameren (parent).

Net income attributable to Ameren common shareholders increased $229 million and earnings per diluted share increased 78 cents in the nine months ended September 30, 2025, compared with the year-ago period. The increase was due to net income increases of $176 million, $85 million, $11 million, and $3 million at Ameren Missouri, Ameren Transmission, Ameren Illinois Electric Distribution, and Ameren Illinois Natural Gas, respectively. These increases were partially offset by an increase in net loss of $46 million for activity not reported as part of a segment, primarily at Ameren (parent).

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Earnings per diluted share were favorably affected in the three and nine months ended September 30, 2025, compared to