Constellation Energy Corporation (CEG) 10-Year Financial Performance & Capital Metrics

CEG • • Utilities

UtilitiesRenewable EnergyMerchant Power Generators and Retailers

AboutConstellation Energy Corporation generates and sells electricity in the United States. The company operates through five segments: Mid-Atlantic, Midwest, New York, ERCOT, and Other Power Regions. It sells natural gas, renewable energy, and other energy-related products and services. The company has 32,400 megawatts of generating capacity consisting of nuclear, wind, solar, natural gas, and hydroelectric assets. It serves distribution utilities; municipalities; cooperatives; and commercial, industrial, governmental, and residential customers. The company was incorporated in 2021 and is headquartered in Baltimore, Maryland. Constellation Energy Corporation was formerly a subsidiary of Exelon Corporation.Show more

Revenue $25.53B +8.3%
EBITDA $4.07B -42.3%
Net Income $2.32B -38.1%
Free Cash Flow $1.29B -74.1%
EBITDA Margin 15.94% -46.7%
Net Margin 9.08% -42.9%
ROE 16.34% -45.9%
Interest Coverage 6.04 -29.8%
Debt/Equity 0.61 -2.6%
Net Debt/EBITDA 1.29 +68.5%
CapEx / Revenue 11.55% -63.4%
CapEx Coverage 1.44 +533.1%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Excellent 3Y average ROE of 20.3%
✓Strong 5Y profit CAGR of 31.5%
✓Strong Piotroski F-Score: 7/9
✓Strong interest coverage of 6.0x

✗Weaknesses

No significant weaknesses identified

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y2.93%

5Y7.72%

3Y1.47%

TTM8.34%

Profit (Net Income) CAGR

10Y5.39%

5Y31.53%

3Y-

TTM-38.14%

EPS CAGR

10Y5.83%

5Y32.63%

3Y-

TTM-37.76%

ROCE

10Y Avg3.06%

5Y Avg4.07%

3Y Avg6.65%

Latest6.47%

Peer Comparison

Merchant Power Generators and Retailers

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
CEGConstellation Energy Corporation	103.04B	329.88	44.58	8.34%	9.08%	15.61%	1.25%	0.61

Profit & Loss

	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024	Dec 2025
Revenue+	17.76B	18.5B	20.44B	18.92B	17.6B	19.65B	24.44B	24.92B	23.57B	25.53B
Revenue Growth %	-7.2%	4.18%	10.47%	-7.4%	-6.98%	11.62%	24.38%	1.96%	-5.42%	8.34%
Cost of Revenue	14.37B	15.39B	17.13B	15.63B	14.33B	16.9B	22.3B	21.61B	17.58B	6.16B
Gross Profit+	3.38B	3.1B	3.31B	3.3B	3.27B	2.75B	2.14B	3.3B	5.99B	19.36B
Gross Margin %	-	-	-	-	-	-	-	-	-	-
Gross Profit Growth %	-11.34%	-8.27%	6.67%	-0.45%	-0.67%	-16.18%	-22.15%	54.56%	81.35%	223.22%
Operating Expenses+	2.56B	2.16B	2.34B	1.97B	3.02B	3.09B	1.64B	1.69B	1.64B	16.27B
Other Operating Expenses	-	-	-	-	-	-	-	-	-	-
EBITDA+	3.57B	3.74B	3.79B	4.16B	2.94B	2.24B	2.92B	4.12B	7.05B	4.07B
EBITDA Margin %	-	-	-	-	-	-	-	-	-	-
EBITDA Growth %	-26.67%	4.88%	1.42%	9.65%	-29.4%	-23.7%	30.39%	41.14%	71%	-42.27%
Depreciation & Amortization+	2.75B	2.79B	2.82B	2.84B	2.68B	2.59B	2.43B	2.51B	2.7B	985M
D&A / Revenue %	-	-	-	-	-	-	-	-	-	-
Operating Income (EBIT)+	820M	947M	975M	1.32B	256M	-346M	495M	1.61B	4.35B	3.09B
Operating Margin %	-	-	-	-	-	-	-	-	-	-
Operating Income Growth %	-63.96%	15.49%	2.96%	35.69%	-80.65%	-235.16%	243.06%	225.25%	170.31%	-29.09%
Interest Expense+	364M	440M	432M	429M	357M	297M	251M	431M	506M	511M
Interest Coverage	2.25x	2.15x	2.26x	3.08x	0.72x	-1.16x	1.97x	3.74x	8.60x	6.04x
Interest / Revenue %	-	-	-	-	-	-	-	-	-	-
Non-Operating Income	1000K	1000K	-1000K	1000K	1000K	1000K	-1000K	1000K	1000K	1000K
Pretax Income+	912M	1.42B	335M	1.73B	828M	142M	-555M	2.44B	4.51B	3.51B
Pretax Margin %	-	-	-	-	-	-	-	-	-	-
Income Tax+	362M	-1.38B	-108M	516M	249M	225M	-388M	859M	774M	1.19B
Effective Tax Rate %	-	-	-	-	-	-	-	-	-	-
Net Income+	483M	2.71B	370M	1.13B	589M	-205M	-160M	1.62B	3.75B	2.32B
Net Margin %	-	-	-	-	-	-	-	-	-	-
Net Income Growth %	-64.8%	461.08%	-86.35%	204.05%	-47.64%	-134.8%	21.95%	1114.38%	130.99%	-38.14%
EPS (Diluted)+	1.48	8.31	1.13	3.44	1.80	-0.63	-0.49	5.01	11.90	7.40
EPS Growth %	-64.76%	461.49%	-86.4%	204.77%	-47.64%	-134.81%	22.28%	1127.06%	137.53%	-37.82%
EPS (Basic)	1.48	8.31	1.13	3.44	1.80	-0.63	-0.49	5.02	11.90	7.40
Diluted Shares Outstanding	326.3M	326.3M	326.3M	326.66M	326.66M	326.66M	328M	324M	315M	314M

Balance Sheet

	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024	Dec 2025
Total Assets+	46.97B	48.46B	47.56B	48.99B	48.09B	48.09B	46.91B	50.76B	52.93B	57.25B
Asset Growth %	0.96%	3.16%	-1.86%	3.03%	-1.84%	-0.02%	-2.45%	8.21%	4.27%	8.17%
PP&E (Net)+	22.23B	21.64B	20.99B	24.19B	22.21B	19.61B	19.82B	22.12B	21.23B	22.47B
PP&E / Total Assets %	-	-	-	-	-	-	-	-	-	-
Total Current Assets+	6.53B	6.88B	8.43B	7.08B	6.95B	7.98B	9.36B	8.3B	10.78B	12.12B
Cash & Equivalents	290M	416M	750M	303M	226M	504M	422M	368M	3.02B	3.75B
Receivables	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Inventory	1.23B	1.2B	1.21B	1.26B	1.21B	1.29B	1.5B	1.5B	1.6B	1.74B
Other Current Assets	2.42B	2.43B	3.35B	1.76B	3.67B	3.77B	4.12B	3.58B	2.44B	2.37B
Long-Term Investments	418M	433M	414M	235M	184M	174M	202M	563M	640M	0
Goodwill	47M	47M	47M	47M	47M	0	47M	425M	420M	420M
Intangible Assets	447M	395M	371M	0	0	0	0	0	0	0
Other Assets	17.31B	19.05B	17.3B	17.43B	18.7B	20.29B	17.43B	19.3B	19.86B	22.24B
Total Liabilities	33.72B	32.5B	32.05B	33.16B	33.42B	36.47B	35.54B	39.47B	39.39B	42.4B
Total Debt+	9.99B	9.05B	8.89B	8.29B	7.21B	8.2B	5.77B	9.26B	8.41B	8.99B
Net Debt	9.71B	8.63B	8.14B	7.99B	6.99B	7.69B	5.35B	8.89B	5.39B	5.24B
Long-Term Debt	8.12B	8.64B	7.89B	4.79B	5.89B	4.89B	4.47B	7.5B	7.38B	7.25B
Short-Term Borrowings	1.87B	402M	1.01B	3.5B	1.32B	3.3B	1.3B	1.76B	1.03B	1.74B
Capital Lease Obligations	0	0	0	0	0	0	0	0	0	0
Total Current Liabilities+	5.68B	4.19B	5.77B	7.29B	5.22B	8B	7.84B	6.32B	6.85B	7.94B
Accounts Payable	1.61B	1.8B	1.85B	1.69B	1.25B	1.76B	2.83B	0	0	0
Accrued Expenses	781M	603M	672M	786M	788M	737M	906M	0	0	0
Deferred Revenue	0	0	0	17M	7M	0	0	0	0	0
Other Current Liabilities	1.42B	1.39B	2.24B	1.18B	1.74B	2.07B	2.8B	4.55B	5.82B	6.2B
Deferred Taxes	0	0	0	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Other Liabilities	19.91B	19.66B	18.39B	17.32B	18.65B	19.88B	20.2B	22.45B	21.83B	23.66B
Total Equity+	13.26B	15.96B	15.51B	15.83B	14.68B	11.61B	11.37B	11.29B	13.54B	14.85B
Equity Growth %	2.21%	20.39%	-2.83%	2.08%	-7.29%	-20.86%	-2.08%	-0.76%	19.96%	9.71%
Shareholders Equity	11.48B	13.67B	13.2B	13.48B	12.4B	11.22B	11.02B	10.93B	13.17B	14.52B
Minority Interest	1.77B	2.29B	2.3B	2.35B	2.28B	395M	354M	361M	373M	336M
Common Stock	9.26B	9.36B	9.52B	9.57B	9.62B	10.48B	13.27B	12.36B	11.4B	11.04B
Additional Paid-in Capital	0	0	0	0	0	0	0	0	0	0
Retained Earnings	2.27B	4.35B	3.72B	3.95B	2.81B	768M	-496M	761M	4.07B	5.9B
Accumulated OCI	-54M	-37M	-38M	-32M	-30M	-31M	-1.76B	-2.19B	-2.3B	-2.42B
Return on Assets (ROA)	1.03%	5.68%	0.77%	2.33%	1.21%	-0.43%	-0.34%	3.32%	7.23%	4.21%
Return on Equity (ROE)	3.68%	18.55%	2.35%	7.18%	3.86%	-1.56%	-1.39%	14.33%	30.2%	16.34%
Debt / Equity	0.75x	0.57x	0.57x	0.52x	0.49x	0.71x	0.51x	0.82x	0.62x	0.61x
Debt / Assets	21.28%	18.67%	18.7%	16.93%	15%	17.04%	12.3%	18.25%	15.89%	15.71%
Net Debt / EBITDA	2.72x	2.31x	2.15x	1.92x	2.38x	3.43x	1.83x	2.16x	0.76x	1.29x
Book Value per Share	40.63	48.91	47.53	48.46	44.93	35.55	34.67	34.83	42.98	47.3

Cash Flow

	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024	Dec 2025
Cash from Operations+	4.44B	3.3B	3.86B	2.87B	584M	-1.34B	-2.35B	-5.3B	-2.46B	4.24B
Operating CF Growth %	5.79%	-25.73%	17.04%	-25.59%	-79.67%	-329.11%	-75.86%	-125.29%	53.52%	271.96%
Operating CF / Revenue %	-	-	-	-	-	-	-	-	-	-
Net Income	483M	2.22B	370M	1.13B	589M	-205M	-167M	1.62B	3.74B	2.32B
Depreciation & Amortization	2.75B	2.79B	3.42B	3.06B	3.64B	4B	2.43B	2.51B	2.7B	2.6B
Deferred Taxes	78M	261M	-451M	361M	78M	-205M	-643M	251M	222M	0
Other Non-Cash Items	728M	-1.31B	788M	-1.01B	-299M	-33M	1.16B	185M	-1.79B	-687M
Working Capital Changes	311M	-757M	-338M	-698M	-3.45B	-4.94B	-5.25B	-9.87B	-7.33B	0
Capital Expenditures+	-3.08B	-2.26B	-2.24B	-1.84B	-1.75B	3.28B	3.1B	-2.42B	7.43B	-2.95B
CapEx / Revenue %	-	-	-	-	-	-	-	-	-	-
CapEx / D&A	-	-	-	-	-	-	-	-	-	-
CapEx Coverage (OCF/CapEx)	-	-	-	-	-	-	-	-	-	-
Cash from Investing+	-3.82B	-2.66B	-2.53B	-1.87B	1.96B	3.28B	3.1B	3.03B	7.43B	-3.2B
Acquisitions	-293M	-208M	-154M	-41M	1.75B	1.33B	52M	0	0	0
Purchase of Investments	0	0	-9B	-10.09B	-3.46B	-6.67B	-4.27B	-6.05B	-6.28B	0
Sale of Investments	0	0	1000K	1000K	1000K	1000K	1000K	1000K	1000K	0
Other Investing	-445M	-195M	100M	55M	2.08B	3.42B	4.96B	5.68B	10.27B	-249M
Cash from Financing+	-734M	-531M	-981M	-1.46B	-2.66B	-1.7B	-799M	2.2B	-2.29B	-420M
Dividends Paid	-922M	-659M	-1B	-899M	-1.73B	-1.83B	-185M	-366M	-444M	-486M
Dividend Payout Ratio %	190.89%	24.32%	270.54%	79.91%	294.4%	-	-	22.55%	11.84%	-
Debt Issuance (Net)	1000K	1000K	-1000K	-1000K	-1000K	1000K	-1000K	1000K	-1000K	0
Stock Issued	0	0	155M	41M	64M	64M	1.75B	0	0	0
Share Repurchases	0	0	0	0	-64M	-64M	-1.75B	-992M	-999M	-400M
Other Financing	2M	-256M	-9M	-151M	279M	-1.15B	1.72B	42M	-1M	66M
Net Change in Cash+	17M	106M	349M	-454M	-122M	249M	-48M	-74M	2.67B	619M
Exchange Rate Effect	1000K	0	0	0	0	0	0	0	0	0
Cash at Beginning	431M	448M	554M	903M	449M	327M	576M	528M	454M	3.13B
Cash at End	448M	554M	903M	449M	327M	576M	528M	454M	3.13B	3.75B
Free Cash Flow+	1.36B	1.04B	1.62B	1.03B	-1.16B	1.94B	751M	-7.72B	4.96B	1.29B
FCF Growth %	281.01%	-23.75%	55.67%	-36.5%	-213.13%	267.15%	-61.37%	-1128.36%	164.28%	-74.05%
FCF Margin %	-	-	-	-	-	-	-	-	-	-
FCF / Net Income %	-	-	-	-	-	-	-	-	-	-

Key Ratios

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Return on Equity (ROE)	3.68%	18.55%	2.35%	7.18%	3.86%	-1.56%	-1.39%	14.33%	30.2%	16.34%
EBITDA Margin	20.09%	20.22%	18.56%	21.98%	16.68%	11.41%	11.96%	16.55%	29.92%	15.94%
Net Debt / EBITDA	2.72x	2.31x	2.15x	1.92x	2.38x	3.43x	1.83x	2.16x	0.76x	1.29x
Interest Coverage	2.25x	2.15x	2.26x	3.08x	0.72x	-1.16x	1.97x	3.74x	8.60x	6.04x
CapEx / Revenue	17.33%	12.21%	10.97%	9.75%	9.92%	16.7%	12.7%	9.72%	31.52%	11.55%
Dividend Payout Ratio	190.89%	24.32%	270.54%	79.91%	294.4%	-	-	22.55%	11.84%	-
Debt / Equity	0.75x	0.57x	0.57x	0.52x	0.49x	0.71x	0.51x	0.82x	0.62x	0.61x
EPS Growth	-64.76%	461.49%	-86.4%	204.77%	-47.64%	-134.81%	22.28%	1127.06%	137.53%	-37.82%

US Stock Screener

...

Constellation Energy Corporation (CEG) 10-Year Financial Performance & Capital Metrics

CEG • • Utilities

UtilitiesRenewable EnergyMerchant Power Generators and Retailers

Revenue $25.53B +8.3%
EBITDA $4.07B -42.3%
Net Income $2.32B -38.1%
Free Cash Flow $1.29B -74.1%
EBITDA Margin 15.94% -46.7%
Net Margin 9.08% -42.9%
ROE 16.34% -45.9%
Interest Coverage 6.04 -29.8%
Debt/Equity 0.61 -2.6%
Net Debt/EBITDA 1.29 +68.5%
CapEx / Revenue 11.55% -63.4%
CapEx Coverage 1.44 +533.1%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Excellent 3Y average ROE of 20.3%
✓Strong 5Y profit CAGR of 31.5%
✓Strong Piotroski F-Score: 7/9
✓Strong interest coverage of 6.0x

✗Weaknesses

No significant weaknesses identified

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y2.93%

5Y7.72%

3Y1.47%

TTM8.34%

Profit (Net Income) CAGR

10Y5.39%

5Y31.53%

3Y-

TTM-38.14%

EPS CAGR

10Y5.83%

5Y32.63%

3Y-

TTM-37.76%

ROCE

10Y Avg3.06%

5Y Avg4.07%

3Y Avg6.65%

Latest6.47%

Peer Comparison

Merchant Power Generators and Retailers

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
CEGConstellation Energy Corporation	103.04B	329.88	44.58	8.34%	9.08%	15.61%	1.25%	0.61

Profit & Loss

	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024	Dec 2025
Revenue+	17.76B	18.5B	20.44B	18.92B	17.6B	19.65B	24.44B	24.92B	23.57B	25.53B
Revenue Growth %	-7.2%	4.18%	10.47%	-7.4%	-6.98%	11.62%	24.38%	1.96%	-5.42%	8.34%
Cost of Revenue	14.37B	15.39B	17.13B	15.63B	14.33B	16.9B	22.3B	21.61B	17.58B	6.16B
Gross Profit+	3.38B	3.1B	3.31B	3.3B	3.27B	2.75B	2.14B	3.3B	5.99B	19.36B
Gross Margin %	-	-	-	-	-	-	-	-	-	-
Gross Profit Growth %	-11.34%	-8.27%	6.67%	-0.45%	-0.67%	-16.18%	-22.15%	54.56%	81.35%	223.22%
Operating Expenses+	2.56B	2.16B	2.34B	1.97B	3.02B	3.09B	1.64B	1.69B	1.64B	16.27B
Other Operating Expenses	-	-	-	-	-	-	-	-	-	-
EBITDA+	3.57B	3.74B	3.79B	4.16B	2.94B	2.24B	2.92B	4.12B	7.05B	4.07B
EBITDA Margin %	-	-	-	-	-	-	-	-	-	-
EBITDA Growth %	-26.67%	4.88%	1.42%	9.65%	-29.4%	-23.7%	30.39%	41.14%	71%	-42.27%
Depreciation & Amortization+	2.75B	2.79B	2.82B	2.84B	2.68B	2.59B	2.43B	2.51B	2.7B	985M
D&A / Revenue %	-	-	-	-	-	-	-	-	-	-
Operating Income (EBIT)+	820M	947M	975M	1.32B	256M	-346M	495M	1.61B	4.35B	3.09B
Operating Margin %	-	-	-	-	-	-	-	-	-	-
Operating Income Growth %	-63.96%	15.49%	2.96%	35.69%	-80.65%	-235.16%	243.06%	225.25%	170.31%	-29.09%
Interest Expense+	364M	440M	432M	429M	357M	297M	251M	431M	506M	511M
Interest Coverage	2.25x	2.15x	2.26x	3.08x	0.72x	-1.16x	1.97x	3.74x	8.60x	6.04x
Interest / Revenue %	-	-	-	-	-	-	-	-	-	-
Non-Operating Income	1000K	1000K	-1000K	1000K	1000K	1000K	-1000K	1000K	1000K	1000K
Pretax Income+	912M	1.42B	335M	1.73B	828M	142M	-555M	2.44B	4.51B	3.51B
Pretax Margin %	-	-	-	-	-	-	-	-	-	-
Income Tax+	362M	-1.38B	-108M	516M	249M	225M	-388M	859M	774M	1.19B
Effective Tax Rate %	-	-	-	-	-	-	-	-	-	-
Net Income+	483M	2.71B	370M	1.13B	589M	-205M	-160M	1.62B	3.75B	2.32B
Net Margin %	-	-	-	-	-	-	-	-	-	-
Net Income Growth %	-64.8%	461.08%	-86.35%	204.05%	-47.64%	-134.8%	21.95%	1114.38%	130.99%	-38.14%
EPS (Diluted)+	1.48	8.31	1.13	3.44	1.80	-0.63	-0.49	5.01	11.90	7.40
EPS Growth %	-64.76%	461.49%	-86.4%	204.77%	-47.64%	-134.81%	22.28%	1127.06%	137.53%	-37.82%
EPS (Basic)	1.48	8.31	1.13	3.44	1.80	-0.63	-0.49	5.02	11.90	7.40
Diluted Shares Outstanding	326.3M	326.3M	326.3M	326.66M	326.66M	326.66M	328M	324M	315M	314M

Balance Sheet

	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024	Dec 2025
Total Assets+	46.97B	48.46B	47.56B	48.99B	48.09B	48.09B	46.91B	50.76B	52.93B	57.25B
Asset Growth %	0.96%	3.16%	-1.86%	3.03%	-1.84%	-0.02%	-2.45%	8.21%	4.27%	8.17%
PP&E (Net)+	22.23B	21.64B	20.99B	24.19B	22.21B	19.61B	19.82B	22.12B	21.23B	22.47B
PP&E / Total Assets %	-	-	-	-	-	-	-	-	-	-
Total Current Assets+	6.53B	6.88B	8.43B	7.08B	6.95B	7.98B	9.36B	8.3B	10.78B	12.12B
Cash & Equivalents	290M	416M	750M	303M	226M	504M	422M	368M	3.02B	3.75B
Receivables	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Inventory	1.23B	1.2B	1.21B	1.26B	1.21B	1.29B	1.5B	1.5B	1.6B	1.74B
Other Current Assets	2.42B	2.43B	3.35B	1.76B	3.67B	3.77B	4.12B	3.58B	2.44B	2.37B
Long-Term Investments	418M	433M	414M	235M	184M	174M	202M	563M	640M	0
Goodwill	47M	47M	47M	47M	47M	0	47M	425M	420M	420M
Intangible Assets	447M	395M	371M	0	0	0	0	0	0	0
Other Assets	17.31B	19.05B	17.3B	17.43B	18.7B	20.29B	17.43B	19.3B	19.86B	22.24B
Total Liabilities	33.72B	32.5B	32.05B	33.16B	33.42B	36.47B	35.54B	39.47B	39.39B	42.4B
Total Debt+	9.99B	9.05B	8.89B	8.29B	7.21B	8.2B	5.77B	9.26B	8.41B	8.99B
Net Debt	9.71B	8.63B	8.14B	7.99B	6.99B	7.69B	5.35B	8.89B	5.39B	5.24B
Long-Term Debt	8.12B	8.64B	7.89B	4.79B	5.89B	4.89B	4.47B	7.5B	7.38B	7.25B
Short-Term Borrowings	1.87B	402M	1.01B	3.5B	1.32B	3.3B	1.3B	1.76B	1.03B	1.74B
Capital Lease Obligations	0	0	0	0	0	0	0	0	0	0
Total Current Liabilities+	5.68B	4.19B	5.77B	7.29B	5.22B	8B	7.84B	6.32B	6.85B	7.94B
Accounts Payable	1.61B	1.8B	1.85B	1.69B	1.25B	1.76B	2.83B	0	0	0
Accrued Expenses	781M	603M	672M	786M	788M	737M	906M	0	0	0
Deferred Revenue	0	0	0	17M	7M	0	0	0	0	0
Other Current Liabilities	1.42B	1.39B	2.24B	1.18B	1.74B	2.07B	2.8B	4.55B	5.82B	6.2B
Deferred Taxes	0	0	0	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Other Liabilities	19.91B	19.66B	18.39B	17.32B	18.65B	19.88B	20.2B	22.45B	21.83B	23.66B
Total Equity+	13.26B	15.96B	15.51B	15.83B	14.68B	11.61B	11.37B	11.29B	13.54B	14.85B
Equity Growth %	2.21%	20.39%	-2.83%	2.08%	-7.29%	-20.86%	-2.08%	-0.76%	19.96%	9.71%
Shareholders Equity	11.48B	13.67B	13.2B	13.48B	12.4B	11.22B	11.02B	10.93B	13.17B	14.52B
Minority Interest	1.77B	2.29B	2.3B	2.35B	2.28B	395M	354M	361M	373M	336M
Common Stock	9.26B	9.36B	9.52B	9.57B	9.62B	10.48B	13.27B	12.36B	11.4B	11.04B
Additional Paid-in Capital	0	0	0	0	0	0	0	0	0	0
Retained Earnings	2.27B	4.35B	3.72B	3.95B	2.81B	768M	-496M	761M	4.07B	5.9B
Accumulated OCI	-54M	-37M	-38M	-32M	-30M	-31M	-1.76B	-2.19B	-2.3B	-2.42B
Return on Assets (ROA)	1.03%	5.68%	0.77%	2.33%	1.21%	-0.43%	-0.34%	3.32%	7.23%	4.21%
Return on Equity (ROE)	3.68%	18.55%	2.35%	7.18%	3.86%	-1.56%	-1.39%	14.33%	30.2%	16.34%
Debt / Equity	0.75x	0.57x	0.57x	0.52x	0.49x	0.71x	0.51x	0.82x	0.62x	0.61x
Debt / Assets	21.28%	18.67%	18.7%	16.93%	15%	17.04%	12.3%	18.25%	15.89%	15.71%
Net Debt / EBITDA	2.72x	2.31x	2.15x	1.92x	2.38x	3.43x	1.83x	2.16x	0.76x	1.29x
Book Value per Share	40.63	48.91	47.53	48.46	44.93	35.55	34.67	34.83	42.98	47.3

Cash Flow

	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024	Dec 2025
Cash from Operations+	4.44B	3.3B	3.86B	2.87B	584M	-1.34B	-2.35B	-5.3B	-2.46B	4.24B
Operating CF Growth %	5.79%	-25.73%	17.04%	-25.59%	-79.67%	-329.11%	-75.86%	-125.29%	53.52%	271.96%
Operating CF / Revenue %	-	-	-	-	-	-	-	-	-	-
Net Income	483M	2.22B	370M	1.13B	589M	-205M	-167M	1.62B	3.74B	2.32B
Depreciation & Amortization	2.75B	2.79B	3.42B	3.06B	3.64B	4B	2.43B	2.51B	2.7B	2.6B
Deferred Taxes	78M	261M	-451M	361M	78M	-205M	-643M	251M	222M	0
Other Non-Cash Items	728M	-1.31B	788M	-1.01B	-299M	-33M	1.16B	185M	-1.79B	-687M
Working Capital Changes	311M	-757M	-338M	-698M	-3.45B	-4.94B	-5.25B	-9.87B	-7.33B	0
Capital Expenditures+	-3.08B	-2.26B	-2.24B	-1.84B	-1.75B	3.28B	3.1B	-2.42B	7.43B	-2.95B
CapEx / Revenue %	-	-	-	-	-	-	-	-	-	-
CapEx / D&A	-	-	-	-	-	-	-	-	-	-
CapEx Coverage (OCF/CapEx)	-	-	-	-	-	-	-	-	-	-
Cash from Investing+	-3.82B	-2.66B	-2.53B	-1.87B	1.96B	3.28B	3.1B	3.03B	7.43B	-3.2B
Acquisitions	-293M	-208M	-154M	-41M	1.75B	1.33B	52M	0	0	0
Purchase of Investments	0	0	-9B	-10.09B	-3.46B	-6.67B	-4.27B	-6.05B	-6.28B	0
Sale of Investments	0	0	1000K	1000K	1000K	1000K	1000K	1000K	1000K	0
Other Investing	-445M	-195M	100M	55M	2.08B	3.42B	4.96B	5.68B	10.27B	-249M
Cash from Financing+	-734M	-531M	-981M	-1.46B	-2.66B	-1.7B	-799M	2.2B	-2.29B	-420M
Dividends Paid	-922M	-659M	-1B	-899M	-1.73B	-1.83B	-185M	-366M	-444M	-486M
Dividend Payout Ratio %	190.89%	24.32%	270.54%	79.91%	294.4%	-	-	22.55%	11.84%	-
Debt Issuance (Net)	1000K	1000K	-1000K	-1000K	-1000K	1000K	-1000K	1000K	-1000K	0
Stock Issued	0	0	155M	41M	64M	64M	1.75B	0	0	0
Share Repurchases	0	0	0	0	-64M	-64M	-1.75B	-992M	-999M	-400M
Other Financing	2M	-256M	-9M	-151M	279M	-1.15B	1.72B	42M	-1M	66M
Net Change in Cash+	17M	106M	349M	-454M	-122M	249M	-48M	-74M	2.67B	619M
Exchange Rate Effect	1000K	0	0	0	0	0	0	0	0	0
Cash at Beginning	431M	448M	554M	903M	449M	327M	576M	528M	454M	3.13B
Cash at End	448M	554M	903M	449M	327M	576M	528M	454M	3.13B	3.75B
Free Cash Flow+	1.36B	1.04B	1.62B	1.03B	-1.16B	1.94B	751M	-7.72B	4.96B	1.29B
FCF Growth %	281.01%	-23.75%	55.67%	-36.5%	-213.13%	267.15%	-61.37%	-1128.36%	164.28%	-74.05%
FCF Margin %	-	-	-	-	-	-	-	-	-	-
FCF / Net Income %	-	-	-	-	-	-	-	-	-	-

Key Ratios

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Return on Equity (ROE)	3.68%	18.55%	2.35%	7.18%	3.86%	-1.56%	-1.39%	14.33%	30.2%	16.34%
EBITDA Margin	20.09%	20.22%	18.56%	21.98%	16.68%	11.41%	11.96%	16.55%	29.92%	15.94%
Net Debt / EBITDA	2.72x	2.31x	2.15x	1.92x	2.38x	3.43x	1.83x	2.16x	0.76x	1.29x
Interest Coverage	2.25x	2.15x	2.26x	3.08x	0.72x	-1.16x	1.97x	3.74x	8.60x	6.04x
CapEx / Revenue	17.33%	12.21%	10.97%	9.75%	9.92%	16.7%	12.7%	9.72%	31.52%	11.55%
Dividend Payout Ratio	190.89%	24.32%	270.54%	79.91%	294.4%	-	-	22.55%	11.84%	-
Debt / Equity	0.75x	0.57x	0.57x	0.52x	0.49x	0.71x	0.51x	0.82x	0.62x	0.61x
EPS Growth	-64.76%	461.49%	-86.4%	204.77%	-47.64%	-134.81%	22.28%	1127.06%	137.53%	-37.82%

Constellation Energy Corporation (CEG) 10-Year Financial Performance & Capital Metrics

Key Insights

✓Strengths

✗Weaknesses

Price & Volume

Growth Metrics

Revenue CAGR

Profit (Net Income) CAGR

EPS CAGR

ROCE

Peer Comparison

Compare CEG vs Peers

vs GEV

Compare Top 3

Profit & Loss

Balance Sheet

Cash Flow

Key Ratios

Deep Dive Analysis

Valuation Overview

Total Return Calculator

Dividend History

Earnings History

Price History

Revenue History

Financial Ratios

Constellation Energy Corporation (CEG) 10-Year Financial Performance & Capital Metrics

Key Insights

✓Strengths

✗Weaknesses

Price & Volume

Growth Metrics

Revenue CAGR

Profit (Net Income) CAGR

EPS CAGR

ROCE

Peer Comparison

Compare CEG vs Peers

vs GEV

Compare Top 3

Profit & Loss

Balance Sheet

Cash Flow

Key Ratios

Deep Dive Analysis

Valuation Overview

Total Return Calculator

Dividend History

Earnings History

Price History

Revenue History

Financial Ratios