Constellation Energy Corporation/$CEG
1D1W1M3M6MYTD1Y5YMAX
Capital at risk
About Constellation Energy Corporation
Constellation Energy spun off from Exelon in 2022 and is now the largest US independent power producer. After acquiring Calpine in 2026, Constellation owns 55 gigawatts of power generation capacity. Constellation is the largest nuclear plant owner in the US with 22 GW of nuclear power generation capacity in six states. It also owns 4 GW of renewable energy projects. Constellation's retail energy business serves 2.5 million customers.
- Ticker
- $CEG
- Sector
- Utilities
- Primary listing
- NASDAQ
- Employees
- 15,315
- Headquarters
- Baltimore, United States
- Website
- www.constellationenergy.com
CEG Metrics
BasicAdvanced
$90B
24.54
$10.33
1.12
$1.67
0.67%
Price and volume
Market cap
$90B
Beta
1.12
52-week high
$406.04
52-week low
$228.63
Average daily volume
3.9M
Dividend rate
$1.67
Financial strength
Current ratio
1.455
Quick ratio
0.471
Long term debt to equity
0.591
Total debt to equity
0.764
Dividend payout ratio (TTM)
15.90%
Interest coverage (TTM)
6.01%
Profitability
EBITDA (TTM)
7,957
Gross margin (TTM)
22.20%
Net profit margin (TTM)
11.08%
Operating margin (TTM)
15.07%
Effective tax rate (TTM)
32.25%
Revenue per employee (TTM)
$2,040,000
Management effectiveness
Return on assets (TTM)
3.89%
Return on equity (TTM)
15.05%
Valuation
Price to earnings (TTM)
24.54
Price to revenue (TTM)
2.711
Price to book
2.82
Price to tangible book (TTM)
4.43
Price to free cash flow (TTM)
287.387
Free cash flow yield (TTM)
0.35%
Free cash flow per share (TTM)
0.882
Dividend yield (TTM)
0.66%
Forward dividend yield
0.67%
Growth
Revenue change (TTM)
25.99%
Earnings per share change (TTM)
7.84%
3-year revenue growth (CAGR)
5.81%
10-year revenue growth (CAGR)
6.04%
3-year earnings per share growth (CAGR)
63.66%
3-year dividend per share growth (CAGR)
24.30%
What the Analysts think about CEG
Analyst ratings (Buy, Hold, Sell) for Constellation Energy Corporation stock.
Analyst projections of the future price of Constellation Energy Corporation stock.
Bulls say / Bears say
Constellation raised its 2026 adjusted operating earnings guidance to $11.50–$12.50 a share after reporting strong second-quarter performance. That supports the near-term earnings case, although the outlook also benefits from the enlarged Calpine fleet. (Constellation Energy)
Long-term customer commitments are growing: Google signed a 20-year agreement covering 890 MW of new nuclear capacity and 2,700 MW of additional supply, while Amazon agreed a 20-year Calvert Cliffs deal. These contracts improve revenue visibility and show that large customers are committing to power supply. (Constellation Energy, Constellation Energy)
The planned Crane restart has cleared key regulatory steps: FERC approved the transfer of interconnection rights and the NRC approved a fuel licence amendment. Constellation is targeting a 2027 restart, which could bring additional generation online if it delivers on schedule. (Constellation Energy)
Nuclear output fell to 44,160 GWh in the second quarter from 45,170 GWh a year earlier, while the capacity factor slipped from 94.8% to 93.0%. Planned refuelling outage days more than doubled, showing how outages can constrain output and add earnings volatility. (Constellation Energy)
The Calpine acquisition expanded Constellation’s scale but also increased its debt burden; regulatory requirements to sell the Brazos Valley plant add another execution task. Financing and integration risks could weigh on returns if the enlarged business does not deliver as planned. (The Motley Fool)
A recent valuation analysis put Constellation at about 25 times earnings and 15 times EV/EBITDA, and argued that the share price leaves limited upside compared with some peers. If expected growth falls short, the premium valuation could magnify the downside. (Seeking Alpha)
Data summarised monthly by Lightyear AI. Last updated on 6 Oct 2026.
CEG Financial Performance
Revenues and expenses
CEG Earnings Performance
Company profitability
Upcoming events
No upcoming events
CEG News
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Funds containing CEG
AllUSDEURGBP
Fund name | Fund size | $CEG weighting |
|---|---|---|
iShares S&P 500 Utilities Sector£IUSU | $1.3B | 6.23% |
iShares S&P 500 Utilities Sector€2B7A | $1.3B | 6.23% |
SPDR MSCI World Utilities€WUTI | $91M | 3.61% |
Xtrackers MSCI World Utilities£XWUS | $959M | 3.60% |
Xtrackers MSCI World Utilities$XDWU | $959M | 3.60% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
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