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DC Infra·CEG
Constellation Energy Corporation
NASDAQ · US
Competitive power producer and retail energy supplier with the largest nuclear generation fleet in the United States.
AI relevance
Carbon-free baseload power supplier positioned for large data center and AI load growth through nuclear and clean power contracts.
Price
$255.34
Change
+0.13 (+0.05%)
Market cap
$90.5B
52w range
$229–$406
Exchange
NASDAQ
Country
US
Jason's Chips
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Price chart
CEG market performance
Daily close for Constellation Energy Corporation
- Latest close
- $255.0
- Range move
- -$110.8 (-30.3%)
- Range high
- $401.4
- Range low
- $236.5
- Latest volume
- 880.6K
- Source
- FMP EOD
Downloads
CSVExports
Download statements, ratios, chart data, and transcript indexes.
Income statement
12 annual rowsRevenue, gross profit, R&D, operating income, EBITDA, net income, and EPS.
Balance sheet
12 annual rowsCash, receivables, inventory, PP&E, assets, debt, liabilities, and equity.
Cash flow
12 annual rowsOperating cash flow, capital expenditures, and free cash flow.
Key metrics
12 annual rowsEnterprise value, valuation multiples, returns, yields, and cash conversion.
Ratios
12 annual rowsMargins, liquidity ratios, valuation ratios, leverage, and per-share metrics.
Chart data
1196 rowsFive years of daily close and volume data powering the company chart.
Transcript list
32 rowsAvailable earnings-call transcript dates by fiscal year and quarter.
StreetBuy
Analyst expectations
Rating consensus22 ratings
Strong buy
0
Buy
16
Hold
6
Sell
0
Strong sell
0
Annual estimates
| Period | Revenue avg | Revenue range | EPS avg | EPS range | EBITDA avg | EBIT avg | Net income avg | SG&A avg | Analysts |
|---|---|---|---|---|---|---|---|---|---|
| 2026-12-31 | $33.69B | $26.57B - $40.73B | $12.04 | $11.65 - $12.36 | $7.95B | $5.25B | $3.77B | $32.8M | 11 rev / 11 EPS |
| 2027-12-31 | $34.67B | $20.97B - $43.80B | $13.33 | $12.56 - $14.41 | $8.64B | $5.84B | $4.23B | $33.7M | 10 rev / 12 EPS |
| 2028-12-31 | $36.74B | $31.31B - $43.68B | $16.92 | $14.62 - $19.58 | $10.74B | $7.83B | $5.81B | $35.7M | 12 rev / 10 EPS |
| 2029-12-31 | $39.83B | $31.97B - $47.73B | $19.77 | $14.70 - $24.87 | $11.40B | $8.34B | $6.21B | $38.7M | 10 rev / 4 EPS |
| 2030-12-31 | $41.18B | $33.06B - $49.34B | $21.48 | $15.97 - $27.02 | $12.22B | $9.02B | $6.74B | $40.1M | 6 rev / 4 EPS |
Quarterly estimates
| Period | Revenue avg | Revenue range | EPS avg | EPS range | EBITDA avg | EBIT avg | Net income avg | SG&A avg | Analysts |
|---|---|---|---|---|---|---|---|---|---|
| 2026-12-30 | $8.75B | $5.93B - $11.32B | $3.11 | $2.62 - $3.67 | $2.57B | $1.61B | $1.10B | $8.5M | 5 rev / 7 EPS |
| 2027-03-30 | $10.33B | $7.61B - $13.12B | $2.93 | $1.93 - $3.96 | $2.49B | $1.53B | $1.04B | $10.0M | 4 rev / 2 EPS |
| 2027-06-30 | $8.82B | $6.50B - $11.21B | $2.68 | $1.76 - $3.63 | $2.37B | $1.42B | $950.3M | $8.6M | 4 rev / 2 EPS |
| 2027-09-30 | $10.54B | $7.76B - $13.39B | $4.08 | $2.68 - $5.52 | $3.00B | $2.05B | $1.45B | $10.3M | 4 rev / 2 EPS |
| 2027-12-30 | $10.53B | $7.76B - $13.39B | $3.53 | $2.32 - $4.78 | $2.75B | $1.80B | $1.25B | $10.2M | 4 rev / 5 EPS |
| 2028-03-30 | $11.49B | $8.46B - $14.60B | $3.83 | $2.52 - $5.18 | $2.89B | $1.93B | $1.36B | $11.2M | 3 rev / 6 EPS |
| 2028-06-30 | $8.99B | $6.62B - $11.43B | $3.80 | $2.50 - $5.14 | $2.87B | $1.92B | $1.34B | $8.7M | 3 rev / 5 EPS |
| 2028-09-30 | $10.83B | $7.97B - $13.76B | $5.04 | $3.31 - $6.81 | $3.42B | $2.47B | $1.78B | $10.5M | 3 rev / 4 EPS |
Price target history
| Window | Targets | Average target |
|---|---|---|
| Last month | 5 | $349.00 |
| Last quarter | 13 | $356.46 |
| Last year | 28 | $367.64 |
| All time | 63 | $298.14 |
Sources: StreetInsider, Benzinga, Pulse 2.0
Latest grade actions
| Date | Firm | Action | Previous | New |
|---|---|---|---|---|
| 2026-10-21 | Morgan Stanley | Maintain | Overweight | Overweight |
| 2026-10-06 | Bernstein | Maintain | Outperform | Outperform |
| 2026-09-18 | Morgan Stanley | Maintain | Overweight | Overweight |
| 2026-08-21 | Morgan Stanley | Maintain | Overweight | Overweight |
| 2026-08-11 | Argus Research | Maintain | Buy | Buy |
| 2026-07-28 | UBS | Maintain | Buy | Buy |
| 2026-07-28 | Barclays | Maintain | Overweight | Overweight |
| 2026-07-27 | Wells Fargo | Maintain | Overweight | Overweight |
Historical rating snapshots
| Date | Strong buy | Buy | Hold | Sell | Strong sell |
|---|---|---|---|---|---|
| 2026-10-01 | 6 | 15 | 4 | 0 | 1 |
| 2026-09-01 | 6 | 13 | 3 | 0 | 0 |
| 2026-08-01 | 6 | 14 | 3 | 0 | 0 |
| 2026-07-01 | 6 | 14 | 3 | 0 | 0 |
| 2026-06-01 | 6 | 14 | 3 | 0 | 0 |
| 2026-05-01 | 6 | 13 | 3 | 1 | 0 |
| 2026-04-01 | 6 | 11 | 4 | 1 | 0 |
| 2026-03-01 | 6 | 10 | 5 | 0 | 0 |
FinancialsFY 2025
Financials
Income statement annual
| Period | Revenue | Gross profit | Gross margin | R&D | Operating income | EBITDA | Net income | EPS |
|---|---|---|---|---|---|---|---|---|
| FY 2025 | $25.53B | $4.69B | 18.4% | $0 | $3.09B | $5.63B | $2.32B | $7.40 |
| FY 2024 | $23.57B | $5.99B | 25.4% | $0 | $4.35B | $6.97B | $3.75B | $11.91 |
| FY 2023 | $24.92B | $3.23B | 13.0% | $0 | $1.61B | $4.16B | $1.62B | $5.02 |
| FY 2022 | $24.44B | $2.14B | 8.7% | $0 | $495.0M | $2.92B | -$160.0M | $-0.49 |
| FY 2021 | $19.65B | $2.75B | 14.0% | $0 | -$346.0M | $3.81B | -$205.0M | $-0.63 |
| FY 2020 | $17.60B | $3.27B | 18.6% | $0 | $256.0M | $4.31B | $589.0M | $1.80 |
| FY 2019 | $18.92B | $3.30B | 17.4% | $0 | $1.32B | $4.31B | $1.13B | $3.44 |
| FY 2018 | $20.44B | $3.31B | 16.2% | $0 | $975.0M | $4.37B | $370.0M | $1.13 |
| FY 2017 | $18.50B | $3.10B | 16.8% | $0 | $947.0M | $4.15B | $2.71B | $8.31 |
| FY 2016 | $17.76B | $3.38B | 19.1% | $0 | $820.0M | $4.52B | $483.0M | $1.48 |
| FY 2015 | $19.14B | $3.82B | 20.0% | $0 | $2.27B | $4.86B | $1.37B | $4.20 |
| FY 2014 | $17.39B | $2.56B | 14.7% | $0 | $1.18B | $3.65B | $835.0M | $2.56 |
Cash flow annual
| Period | Operating cash flow | Capex | Free cash flow |
|---|---|---|---|
| FY 2025 | $4.24B | $2.95B | $1.29B |
| FY 2024 | -$2.46B | $2.56B | -$5.03B |
| FY 2023 | -$5.30B | $2.42B | -$7.72B |
| FY 2022 | -$2.35B | $1.69B | -$4.04B |
| FY 2021 | -$1.34B | $1.33B | -$2.67B |
| FY 2020 | $584.0M | $1.75B | -$1.16B |
| FY 2019 | $2.87B | $1.84B | $1.03B |
| FY 2018 | $3.86B | $2.24B | $1.62B |
| FY 2017 | $3.30B | $2.26B | $1.04B |
| FY 2016 | $4.44B | $3.08B | $1.36B |
| FY 2015 | $4.20B | $3.84B | $358.0M |
| FY 2014 | $1.83B | $3.01B | -$1.19B |
Balance sheet annual
| Period | Cash + ST inv. | Receivables | Inventory | PP&E | Assets | Debt | Net debt | Liabilities | Equity |
|---|---|---|---|---|---|---|---|---|---|
| FY 2025 | $3.75B | $4.27B | $1.74B | $22.47B | $57.25B | $8.99B | $5.24B | $42.40B | $14.52B |
| FY 2024 | $3.02B | $3.72B | $1.60B | $21.23B | $52.93B | $8.41B | $5.39B | $39.39B | $13.17B |
| FY 2023 | $368.0M | $2.85B | $1.50B | $22.12B | $50.76B | $9.26B | $8.89B | $39.47B | $10.93B |
| FY 2022 | $422.0M | $3.32B | $1.50B | $19.82B | $46.91B | $5.77B | $5.35B | $35.54B | $11.02B |
| FY 2021 | $504.0M | $2.42B | $1.29B | $19.61B | $48.09B | $8.20B | $7.69B | $36.47B | $11.22B |
| FY 2020 | $226.0M | $1.84B | $1.21B | $22.21B | $48.09B | $7.21B | $6.99B | $33.42B | $12.40B |
| FY 2019 | $303.0M | $3.75B | $1.26B | $24.19B | $48.99B | $8.29B | $7.99B | $33.16B | $13.48B |
| FY 2018 | $750.0M | $3.11B | $1.21B | $20.99B | $47.56B | $8.89B | $8.14B | $32.05B | $13.20B |
| FY 2017 | $416.0M | $2.84B | $1.20B | $21.64B | $48.46B | $9.05B | $8.63B | $32.50B | $13.67B |
| FY 2016 | $290.0M | $2.59B | $1.23B | $22.23B | $46.97B | $9.99B | $9.71B | $33.72B | $11.48B |
| FY 2015 | $431.0M | $2.18B | $1.26B | $22.32B | $46.53B | $10.24B | $9.81B | $33.56B | $11.63B |
| FY 2014 | $780.0M | $2.41B | $1.31B | $19.75B | $44.95B | $8.23B | $7.45B | $30.90B | $12.72B |
Annual ratios and key metrics
| Period | Gross margin | Op margin | Net margin | Current | Quick | ROE | ROIC | EV / sales | EV / EBITDA | FCF yield | R&D / rev. | Cash cycle |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| FY 2025 | 18.4% | 12.1% | 9.1% | 1.5x | 1.3x | 16.0% | 4.0% | 4.5x | 20.6x | 1.2% | 0.0% | 91d |
| FY 2024 | 25.4% | 18.5% | 15.9% | 1.6x | 1.3x | 28.5% | 7.7% | 3.2x | 10.9x | -7.1% | 0.0% | 91d |
| FY 2023 | 13.0% | 6.5% | 6.5% | 1.3x | 1.1x | 14.9% | 2.3% | 1.9x | 11.2x | -20.5% | 0.0% | 67d |
| FY 2022 | 8.7% | 2.0% | -0.7% | 1.2x | 1.0x | -1.5% | 0.4% | 1.4x | 11.5x | -14.3% | 0.0% | 28d |
| FY 2021 | 14.0% | -1.8% | -1.0% | 1.0x | 0.8x | -1.8% | 0.5% | 1.1x | 5.6x | -19.4% | 0.0% | 35d |
| FY 2020 | 18.6% | 1.5% | 3.3% | 1.3x | 1.1x | 4.8% | 0.4% | 1.2x | 4.8x | -8.5% | 0.0% | 37d |
| FY 2019 | 17.4% | 7.0% | 5.9% | 1.0x | 0.8x | 8.3% | 2.1% | 1.1x | 5.0x | 7.5% | 0.0% | 62d |
| FY 2018 | 16.2% | 4.8% | 1.8% | 1.5x | 1.3x | 2.8% | 2.3% | 1.1x | 5.0x | 11.8% | 0.0% | 42d |
| FY 2017 | 16.8% | 5.1% | 14.6% | 1.6x | 1.4x | 19.8% | 2.1% | 1.2x | 5.4x | 7.6% | 0.0% | 42d |
| FY 2016 | 19.1% | 4.6% | 2.7% | 1.1x | 0.9x | 4.2% | 1.1% | 1.3x | 5.2x | 10.0% | 0.0% | 43d |
| FY 2015 | 20.0% | 11.9% | 7.2% | 1.3x | 1.0x | 11.8% | 3.9% | 1.2x | 4.8x | 2.6% | 0.0% | 34d |
| FY 2014 | 14.7% | 6.8% | 4.8% | 1.6x | 1.3x | 6.6% | 2.3% | 1.2x | 5.8x | -8.7% | 0.0% | 39d |
Annual growth
| Period | Revenue | Gross profit | R&D | Op income | Net income | EPS | FCF | Capex | Cash + ST inv. | Inventory | Assets | Debt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| FY 2025 | +8.3% | -21.7% | 0.0% | -29.1% | -38.1% | -37.9% | +125.6% | -15.0% | +24.0% | +8.5% | +8.2% | +6.9% |
| FY 2024 | -5.4% | +85.3% | 0.0% | +170.3% | +131.0% | +137.3% | +34.9% | -5.9% | +721.2% | +6.7% | +4.3% | -9.2% |
| FY 2023 | +2.0% | +51.2% | 0.0% | +225.3% | +1114.4% | +1129.1% | -91.1% | -43.4% | -12.8% | -0.3% | +8.2% | +60.6% |
| FY 2022 | +24.4% | -22.1% | 0.0% | +243.1% | +22.0% | +22.3% | -51.6% | -27.1% | -16.3% | +16.8% | -2.4% | -29.6% |
| FY 2021 | +11.6% | -16.2% | 0.0% | -235.2% | -134.8% | -134.8% | -129.3% | +23.9% | +123.0% | +6.4% | -0.0% | +13.6% |
| FY 2020 | -7.0% | -0.7% | 0.0% | -80.7% | -47.6% | -47.6% | -213.1% | +5.3% | -25.4% | -4.0% | -1.8% | -13.0% |
| FY 2019 | -7.4% | -0.5% | 0.0% | +35.7% | +204.1% | +204.8% | -36.5% | +17.7% | -59.6% | +4.0% | +3.0% | -6.7% |
| FY 2018 | +10.5% | +6.7% | 0.0% | +3.0% | -86.3% | -86.4% | +55.7% | +0.8% | +80.3% | +1.1% | -1.9% | -1.7% |
| FY 2017 | +4.2% | -8.3% | 0.0% | +15.5% | +461.1% | +461.5% | -23.8% | +26.6% | +43.4% | -2.1% | +3.2% | -9.5% |
| FY 2016 | -7.2% | -11.3% | 0.0% | -64.0% | -64.8% | -64.8% | +281.0% | +19.9% | -32.7% | -2.9% | +1.0% | -2.4% |
| FY 2015 | +10.0% | +48.8% | 0.0% | +93.5% | +64.3% | +64.1% | +130.2% | -27.5% | -44.7% | -3.7% | +3.5% | +24.4% |
| FY 2014 | +11.3% | -11.5% | 0.0% | -29.9% | -22.0% | -22.0% | -204.5% | -9.4% | -38.0% | +57.1% | +9.0% | +6.2% |
SegmentsFY 2025
Revenue Mix
Latest product mixFY 2025 · $22.17B
Constellation Mid Atlantic$6.49B · 29.3%
Constellation Midwest$5.80B · 26.2%
Constellation Other Regions$5.58B · 25.2%
Constellation New York$2.39B · 10.8%
Constellation ERCOT$1.90B · 8.6%
Latest geography mixFY 2025 · $22.17B
Constellation Mid Atlantic$6.49B · 29.3%
Constellation Midwest$5.80B · 26.2%
Constellation Other Regions$5.58B · 25.2%
Constellation New York$2.39B · 10.8%
Constellation ERCOT$1.90B · 8.6%
Product revenue annual
| Period | Total | Energy Commodities and Service | Public Utilities | Constellation Other Regions | Constellation Mid Atlantic | Constellation Midwest | Constellation New York | Constellation Natural Gas | Constellation ERCOT | Constellation All Other Segments |
|---|---|---|---|---|---|---|---|---|---|---|
| FY 2025 | $22.17B | -- | -- | $5.58B | $6.49B | $5.80B | $2.39B | -- | $1.90B | -- |
| FY 2024 | $19.43B | -- | -- | $5.51B | $5.52B | $4.80B | $2.05B | -- | $1.55B | -- |
| FY 2023 | $19.53B | -- | -- | $5.86B | $5.45B | $4.85B | $2.02B | -- | $1.35B | -- |
| FY 2022 | $26.28B | -- | -- | $6.73B | $5.26B | $5.16B | $2.00B | $4.97B | $1.56B | $591.0M |
| FY 2021 | $21.24B | -- | -- | $4.92B | $4.58B | $4.26B | $1.63B | $3.38B | $1.18B | $1.28B |
| FY 2020 | $33.03B | $16.40B | $16.63B | -- | -- | -- | -- | -- | -- | -- |
| FY 2019 | $34.59B | $17.75B | $16.84B | -- | -- | -- | -- | -- | -- | -- |
Geography revenue annual
| Period | Total | Constellation Other Regions | Constellation Mid Atlantic | Constellation Midwest | Constellation New York | Constellation ERCOT |
|---|---|---|---|---|---|---|
| FY 2025 | $22.17B | $5.58B | $6.49B | $5.80B | $2.39B | $1.90B |
| FY 2024 | $19.43B | $5.51B | $5.52B | $4.80B | $2.05B | $1.55B |
| FY 2023 | $19.53B | $5.86B | $5.45B | $4.85B | $2.02B | $1.35B |
| FY 2022 | $20.72B | $6.73B | $5.26B | $5.16B | $2.00B | $1.56B |
| FY 2021 | $16.58B | $4.92B | $4.58B | $4.26B | $1.63B | $1.18B |
Transcripts32 on file
Transcripts
Events
Events
Next earnings
2026-11-09EPS est $3.72
Latest news
- Constellation Energy vs. GE Vernova: Which Utilities Stock Is a Better Buy in 2026?
The Motley Fool · 2026-10-23
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Zacks Investment Research · 2026-10-23