Constellation Energy Corporation (CEG) quarterly cash flow statement — complete operating, investing & financing history
Constellation Energy Corporation (CEG) cash flow statement — 14-year operating, investing & financing cash flows
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Cash from Operations | 1.13B | 425M | 805M | 1.85B | 1.48B | 107M | -1.02B | -112M | -613M | -723M | -3.18B | -993M | -192M | -934M | -2.42B | -1.19B | -88M | 1.35B | -2.31B | 1.33B |
| Operating CF Growth % | -23.63% | 297.2% | 179.23% | 1750% | 340.95% | 114.8% | 68.07% | 88.72% | -219.27% | 22.59% | -31.38% | 16.83% | -118.18% | -169.13% | -4.76% | -189.71% | -107.01% | 183.81% | -196.79% | 1523.17% |
| Operating CF / Revenue % | 15.03% | 3.82% | 14.74% | 25.72% | 24.21% | 1.58% | -18.88% | -1.71% | -11.2% | -11.74% | -54.9% | -16.25% | -3.53% | -12.35% | -33.03% | -19.73% | -1.61% | 24.16% | -41.79% | 30.21% |
| Net Income | 508M | 1.6B | 432M | 930M | 833M | 118M | 850M | 1.19B | 814M | 883M | -39M | 690M | 833M | 102M | 34M | -193M | -113M | 111M | 39M | 634M |
| Depreciation & Amortization | 1.17B | 1.2B | 496M | 241M | 820M | 640M | 483M | 661M | 711M | 694M | 1.13B | 162M | 274M | 605M | 627M | 172M | 605M | 602M | 589M | 1.26B |
| Deferred Taxes | 300M | 440M | -98M | 234M | 98M | -98M | -136M | 167M | 182M | 9M | 62M | 0 | 222M | -33M | 272M | -208M | -400M | -307M | -1M | -62M |
| Other Non-Cash Items | 273M | -1.22B | 354M | 219M | -667M | 638M | 59M | -630M | -583M | -466M | -55M | 670M | -360M | -175M | 15M | 654M | 505M | 1.54B | -2.3B | 645M |
| Working Capital Changes | -1.12B | -1.6B | -379M | 224M | 393M | -1.19B | -2.27B | -1.48B | -1.74B | -1.84B | -4.46B | -2.52B | -1.16B | -1.43B | -3.49B | -1.62B | -685M | -595M | -1.14B | -548M |
| Capital Expenditures | -1.25B | -3.73B | -986M | -390M | -767M | -806M | 2.37B | 2.41B | 1.82B | -738M | -687M | 2.01B | -676M | -660M | 1.23B | 1.17B | -390M | -410M | 643M | -367M |
| CapEx / Revenue % | 16.6% | 33.56% | 18.06% | 5.43% | 12.57% | 11.87% | 44.07% | 36.73% | 33.24% | 11.98% | 11.85% | 32.86% | 12.41% | 8.72% | 16.81% | 19.34% | 7.14% | 7.33% | 11.62% | 8.33% |
| CapEx / D&A | 1.07x | 3.10x | 1.99x | 1.62x | 0.94x | 1.26x | 4.91x | 3.64x | 2.56x | 1.06x | 0.61x | 12.40x | 2.47x | 1.09x | 1.97x | 6.80x | 0.64x | 0.68x | 1.09x | 0.29x |
| CapEx Coverage (OCF/CapEx) | 0.91x | 0.11x | 0.82x | 4.74x | 1.93x | 0.13x | -0.43x | -0.05x | -0.34x | -0.98x | -4.63x | -0.49x | -0.28x | -1.42x | -1.96x | -1.02x | -0.23x | 3.30x | -3.60x | 3.63x |
| Cash from Investing | -1.37B | -3.73B | -977M | -463M | -872M | -886M | 2.37B | 2.41B | 1.82B | 830M | 852M | 2.01B | -48M | 219M | 1.23B | 1.17B | 297M | 404M | 643M | 533M |
| Acquisitions | 0 | -2.54B | -1M | -3M | -5M | -5M | -10M | -7M | -8M | -7M | -1.1B | 399M | 676M | 24M | -15M | 2M | 39M | 28M | 0 | 0 |
| Purchase of Investments | -2.34B | -2.57B | -1.51B | -1.77B | -1.85B | -2.15B | -1.14B | -2.1B | -1.2B | -1.85B | -1.68B | -1.17B | -1.17B | -2.03B | -1.06B | -889M | -1.13B | -1.19B | -773M | -1.36B |
| Sale of Investments | 2.23B | 2.5B | 1.42B | 1.7B | 1.75B | 2.08B | 1.07B | 2.04B | 1.11B | 1.78B | 1.6B | 1.1B | 1.14B | 1.98B | 1.02B | 846M | 1.06B | 1.13B | 766M | 1.33B |
| Other Investing | -17M | 148M | 100M | 9M | 1M | -7M | 3.18B | 3.02B | 2.46B | 1.64B | 2.71B | 2.07B | -14M | 908M | 1.89B | 1.5B | 720M | 849M | 893M | 934M |
| Cash from Financing | 147M | 730M | -171M | 644M | -485M | -408M | -109M | -795M | -1.47B | 84M | 807M | 637M | 229M | 523M | 414M | 401M | -979M | -635M | 226M | -446M |
| Dividends Paid | -154M | -155M | -121M | -121M | -122M | -122M | -111M | -111M | -110M | -112M | -89M | -92M | -92M | -93M | -46M | -46M | -47M | -46M | -459M | -457M |
| Dividend Payout Ratio % | 30.02% | 9.67% | 28.01% | 13.01% | 14.54% | 103.39% | 13.03% | 9.25% | 13.51% | 12.68% | - | 12.59% | 11.04% | 96.88% | 135.29% | - | - | 43.4% | 1092.86% | 75.29% |
| Debt Issuance (Net) | 1000K | 1000K | -1000K | 1000K | -1000K | -1000K | -1000K | -1000K | -1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | -1000K | -1000K | 1000K | -1000K |
| Stock Issued | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.75B | 0 | 0 |
| Share Repurchases | -1.97B | 0 | 0 | 0 | -400M | 0 | 0 | 0 | -500M | -499M | -242M | -251M | -268M | -231M | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | 10M | -88M | -10M | 43M | 88M | -229M | 4M | 30M | 3M | -38M | 36M | 16M | 12M | -22M | 8M | -15M | -5M | -23M | -1M | 43M |
| Net Change in Cash | -94M | -2.58B | -343M | 2.03B | 120M | -1.19B | 1.25B | 1.5B | -262M | 191M | -1.52B | 1.65B | -11M | -192M | -775M | 377M | -770M | 1.12B | -1.44B | 1.42B |
| Exchange Rate Effect | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash at Beginning | 1.17B | 3.75B | 4.09B | 2.06B | 1.94B | 3.13B | 1.88B | 383M | 645M | 454M | 1.98B | 325M | 336M | 528M | 1.3B | 926M | 1.7B | 576M | 2.02B | 601M |
| Cash at End | 1.08B | 1.17B | 3.75B | 4.09B | 2.06B | 1.94B | 3.13B | 1.88B | 383M | 645M | 454M | 1.98B | 325M | 336M | 528M | 1.3B | 926M | 1.7B | 576M | 2.02B |
| Free Cash Flow | -118M | -3.31B | -181M | 1.46B | 710M | -699M | 1.36B | 2.29B | 1.21B | -1.46B | -3.87B | 1.01B | -868M | -1.59B | -1.19B | -24M | -478M | 941M | -1.67B | 964M |
| FCF Growth % | -116.62% | -373.1% | -113.35% | -36.44% | -41.18% | 52.16% | 135.05% | 126.01% | 239.06% | 8.34% | -225.4% | 4329.17% | -81.59% | -269.39% | 28.76% | -102.49% | -152.07% | 314.54% | -27.02% | -22.57% |
| FCF Margin % | -1.57% | -29.73% | -3.32% | 20.3% | 11.64% | -10.3% | 25.2% | 35.02% | 22.05% | -23.71% | -66.75% | 16.61% | -15.94% | -21.07% | -16.21% | -0.4% | -8.75% | 16.83% | -30.17% | 21.88% |
| FCF / Net Income % | -23% | -206.3% | -41.9% | 156.77% | 84.62% | -592.37% | 159.15% | 191.17% | 148.28% | -165.46% | 10747.22% | 138.85% | -104.2% | -1660.42% | -3497.06% | 12.77% | 430.63% | 887.74% | -3973.81% | 158.81% |