Constellation Energy Corporation

Constellation Energy Corporation

CEG
Constellation Energy CorporationUS flagNASDAQ Global Select
284.75
USD
-1.22
- -
102.25BMarket Cap
Constellation Energy Corporation
CEG
(NASDAQ Global Select)

Recent

price

284.75

P/E

ratio

- -

div

yld

- -

ROIC.AI

2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
62.63
58
53.95
60.27
74.74
77.15
74.82
81.58
93.34
Revenue per Share
1.13
3.45
1.81
-0.63
-0.49
5.02
11.9
7.41
10.34
Basic EPS, GAAP
11.83
8.8
1.79
-4.1
-7.2
-16.41
-7.82
13.54
12.56
Free Cash Flow per Basic Share
3.07
2.76
5.31
5.62
0.57
1.13
1.41
1.55
1.64
Dividend per Share
- -
41.36
38.03
34.41
33.69
34.46
42.09
46.49
90
Book Value per Share
- -
41.22
37.89
34.41
33.55
33.12
40.74
45.14
57.56
Tangible Book Value per Share
326
326
326
326
327
323
315
313
335
Basic Weighted Avg Shares
20,437
18,924
17,603
19,649
24,440
24,918
23,568
25,533
31,270
Sales/Revenue/Turnover
4.54
6.85
2.41
1.84
-1.67
9.58
20.57
16.44
14.34
Operating Margin (%)
3,415
3,063
3,636
3,995
1,849
1,883
2,007
1,937
2,334
Depreciation Expense
370
1,125
589
-205
-160
1,623
3,749
2,319
3,465
Net Income, GAAP
- -
26.92
29.78
148.03
- -
35.1
17.14
33.81
32.34
Effective Tax Rate (%)
1.81
5.94
3.35
-1.04
-0.65
6.51
15.91
9.08
11.08
Profit Margin (%)
- -
-213
1,728
-15
1,521
1,980
3,930
4,175
5,933
Working Capital
- -
4,792
5,890
4,894
4,466
7,496
7,384
7,250
19,111
LT Debt
- -
15,830
14,676
11,614
11,372
11,286
13,539
14,853
32,322
Total Equity
- -
7.88
1.3
-0.84
- -
8.24
18.91
12.1
7.67
Return on Invested Capital (%)
- -
11.16
3.69
-2.25
- -
10.34
19.67
11.59
10.08
Return on Capital (%)
- -
16.69
4.55
-1.74
-1.44
14.79
31.12
16.75
15.26
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
1,742
5,472
5,589
LT Borrowings
7,250
16,994
19,111
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
312
362
355
Market Capitalization
110,323
101,086
88,246

Working Capital

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
12,119
18,009
18,965
Cash, Cash Equivalents & STI
3,641
800
697
Accounts Receivable, Net
3,577
3,960
3,767
Inventories
1,736
2,582
3,368
Total Current Liabilities
7,944
13,215
13,032
Payables & Accruals
3,374
3,892
3,649
ST Debt
1,742
5,472
5,589
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
1.19%
9.71%
Free Cash Flow
- -
-90.69%
-271.96%
Net Income, GAAP
- -
-235.66%
-38.14%
Sales/Revenue/Turnover
- -
8.18%
8.34%
Total Cash Common Dividend
- -
8.87%
9.46%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
6,161
5,475
6,550
5,382
23,568
2025
6,788
6,101
6,570
6,074
25,533
2026
11,122
7,504
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2.79
2.58
3.83
2.71
11.9
2025
0.38
2.67
2.97
1.38
7.41
2026
4.49
1.42
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.35
0.35
0.35
0.35
1.41
2025
0.39
0.39
0.39
0.39
1.55
2026
0.44
0.43
- -
- -
- -
Business
Constellation Energy Corporation Constellation Energy Corporation (CEG), headquartered in Baltimore, Maryland, operates as the nation's largest producer of carbon-free energy, generating more than 32,400 megawatts from a diverse fleet including nuclear, hydro, wind, solar, and natural gas facilities that supply approximately 10 percent of U.S. clean power; the company also serves as a leading competitive retail supplier of electricity, natural gas, and sustainable energy solutions to about two million residential, commercial, industrial, public sector, and institutional customers across the continental United States, including three-fourths of Fortune 100 companies, with annual retail volumes of roughly 150 terawatt hours of electricity and 800 billion cubic feet of natural gas. Core offerings encompass carbon-free power from over 19,000 megawatts of nuclear capacity across plants such as Braidwood, Calvert Cliffs, and Nine Mile Point; fossil fuel generation exceeding 12,000 megawatts from natural gas, oil, and combined-cycle facilities like Colorado Bend and Handsome Lake; hydroelectric output from Conowingo Dam and Muddy Run; wind power from 27 projects totaling nearly 1,400 megawatts; solar assets including Antelope Valley Ranch; energy management services via Constellation NewEnergy for procurement, brokerage, trading, hedging, and risk management; offsite renewables through the CORe program combining renewable energy certificates with load-following supply; sustainability solutions for carbon footprint reduction and 24/7 carbon-free matching; and technical services through subsidiaries Constellation Generation Solutions and Constellation PowerLabs. Founded in 1999 as a holding company by Baltimore Gas and Electric and spun off as an independent entity in 2022 following its separation from Exelon Corporation Exelon Corporation, Constellation conducts operations primarily in the U.S. with select international assets such as the Grande Prairie natural gas plant in Canada, targeting utilities, municipalities, cooperatives, hyperscalers, and end-users in deregulated markets. Recent developments include the January 2025 agreement to acquire Calpine Corporation Calpine Corporation in a $16.4 billion equity value cash-and-stock transaction, potentially creating the largest U.S. clean energy provider by combining nuclear expertise with Calpine's low-emission natural gas and leading geothermal fleets for enhanced coast-to-coast reliability and sustainability offerings; November 2025 securing of a $1 billion U.S. Department of Energy loan to restart the Crane Clean Energy Center, adding 835 megawatts of baseload nuclear capacity; senior leadership changes and integration of Calpine executives ahead of the deal's expected year-end closure; a 2024 power purchase agreement with Microsoft to reactivate Three Mile Island Unit 1; planned $3 billion in 2025 capital expenditures for nuclear uprates, life extensions, and battery storage; and issuance of a $900 million green note for eligible projects, all underscoring strategic expansion amid rising demand for dispatchable clean power.

Company News

  • Shell Just Sold a $715 Million Stake in a Major New England Asset to Constellation Energy. Here's What Investors Need to Know.

  • Can CEG's Expanding Generation Portfolio Drive Long-Term Growth?

  • Constellation to Acquire Rhode Island State Energy Center (RISEC) from Shell

  • Constellation to Acquire Rhode Island State Energy Center (RISEC) from Shell

  • Constellation Energy's Biggest AI Power Deal Doesn't Start Paying Until June 2027

  • Construction Firms Powering the Nuclear Renaissance

  • XLU's AI Power Story Crumbles as Texas Freezes Data-Center Demand

  • Nuclear Stock Face-Off: Is Constellation Energy or Vistra the Better Buy Right Now?

  • The Nuclear Energy Boom: Where the Industry Really Stands Heading Into 4Q 2026

  • Goldman Sachs Says the AI Trade Is Barely Started. The Stocks That Got You Here Will Not Take You There

  • Microsoft and Meta Signed Multi-Decade Nuclear Power Deals. These 3 Stocks Supply That Power

  • The Nuclear Energy Boom: Where the Industry Really Stands Heading Into Q4 2026

  • Can Rising C&I Demand Drive Constellation Energy's Long-Term Growth?

  • Constellation Energy vs. NextEra Energy: Which Utilities Stock Is a Better Investment in 2026?

  • CEG vs. VST: Which Nuclear Utility Stock Stands Out for Investors?

  • Breakfast News: Sorting AI's $7 Trillion Build-Out

  • Nuclear Energy Scaling Up Through New Federal Projects

  • Elon Musk’s 15-Gigawatt Warning Points to a Very Different Set of AI Winners in 2027

  • Constellation's New Power Deals Are Piling Up. Here's Why the Stock Isn't Reflecting It Yet.

  • CEG Stock Outperforms Industry in the Past Month: Buy, Hold or Sell