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CEG

S&P 500
Favorable · 66/100

Constellation Energy

Utilities
Electric Utilities

$275.53

0.5%

Updated Today 7:15 PM ET

Price — Past Year

▼ Down 10.6% over the last 12 months

Price 50-day average 200-day averageSource: Yahoo Finance · refreshed daily
Key Metrics

Market Cap

$98.42B

P/E

25.56x

Forward P/E (est.)

21.05x

ROE

20.0%

Revenue Growth

23.4%

EPS Growth

21.4%

Profit Margin

12.7%

FCF Yield

4.3%

Debt / Equity

0.62x

ROIC

6.0%

Interest Coverage

7.16x

Current Ratio

1.36x

Dividend Yield

0.7%

Implied Growth (rev. DCF)

7.6%

Rating Score

66/100

Technical Analysis (Educational)
Research

Technical analysis reads price and volume to judge momentum and timing. It complements the fundamentals above — it does not replace them. Here is what CEG's chart says today, with each tool explained.

Trend — moving averages. A moving average is the average closing price over a window, which smooths out daily noise. CEG trades near $275.53, below its 50-day average ($284.44) and 200-day average ($319.28). Price below both averages is a downtrend — momentum is against buyers for now.

Momentum — RSI. The Relative Strength Index runs 0–100 and measures how strong recent gains are versus losses. Above 70 is "overbought", below 30 "oversold". At 43 it is in neutral territory — neither stretched nor washed out.

MACD. MACD compares two moving averages to flag shifts in momentum. Its histogram is currently positive — short-term momentum is improving.

Volatility — ATR. Average True Range is the typical daily move. CEG's is $10.94 (~4.0% of price), so swings of about that size each day are normal — handy for setting a stop that isn't too tight.

Support & resistance. Over the last month CEG found buyers near $240.51 (support) and sellers near $310.45 (resistance); its 52-week range is $240.51–$412.70. A decisive break beyond either edge often marks the next move.

Volume. The latest session traded 1.6× the 20-day average — heavier than usual, which adds conviction to the move. Rising volume on up-days suggests real buying; on down-days, real selling.

Educational information to help you read a chart — not a recommendation or a forecast. It updates daily as the price and indicators change.

Business Overview
Research

Constellation Energy (CEG) is a large-cap company in the Electric Utilities industry, part of the Utilities sector of the S&P 500, with a market value around $98.42B.

In its latest reported year it generated about $22.66B in revenue and $2.32B in net profit.

Our model rates CEG Favorable (66/100) on growth, profitability, financial health, and valuation. The summary below is built from its filed financials and current ratios and refreshes automatically.

Revenue Growth
Research

4Y CAGR

7.1%

Revenue moved from $17.25B in 2021 to $22.66B in 2025, a 7.1% compound annual growth rate. The most recent year grew a strong 23.4% year over year. Consistent top-line growth is one sign of healthy demand.

Profitability
Research

Gross Margin

44.3%

Operating Margin

13.6%

Net Margin

10.2%

ROE

20.0%

Constellation Energy keeps about 12.7% of each sales dollar as net profit, with a 44.3% gross margin and 13.6% operating margin. Return on equity is 20.0% and return on invested capital about 6.0%. Margins are moderate — typical of a competitive but profitable business.

Debt Analysis
Research

Total Debt

$7.40B

Net Debt

$6.60B

Net Debt / EBITDA

2.14x

Debt / Equity

0.62x

Leverage: debt-to-equity is 0.6x, and operating profit covers interest about 7.2x, with a current ratio of 1.4x. That is a moderate, manageable debt load for most businesses. It carries roughly $7.40B of total debt against $800.00M of cash.

Cash Flow Analysis
Research

Operating CF

$4.24B

Free Cash Flow

$1.29B

FCF Margin

5.7%

In the latest year Constellation Energy produced about $4.24B of operating cash flow and $1.29B of free cash flow after capital spending. That is a free-cash-flow yield of about 4.3% on today's price. Strong cash generation funds dividends, buybacks, and reinvestment.

Valuation Analysis
Research

P/E

25.56x

P/S

3.71x

P/B

7.77x

EV / EBITDA

18.18x

CEG trades at 25.6x trailing earnings (about 21.0x on estimated forward earnings), 3.7x sales, and 7.8x book value. Reverse-engineering today's price implies the market expects roughly 7.6% long-term free-cash-flow growth. That is a premium multiple that needs growth to justify it.

Metrics vs. Typical Range

Where this stock sits versus what most companies trade at.

TTM P/E
25.6xFair
Forward P/E
21.0xFair
P/S ratio
3.7xExpensive
Revenue growth
23.4%Strong
EPS growth
21.4%Strong
Gross margin
44.3%Average
Net margin
12.7%Strong
ROE
20.0%Strong

Typical ranges are general references (e.g., many stocks trade at ~18–26x earnings), not hard rules. Context only — not investment advice.

Sector Peer Comparison

How CEG stacks up against its Utilities peers — valuation, profitability, and growth versus the sector median.

In the Utilities sector (31 S&P 500 companies), CEG ranks #5 of 31 by our overall rating. It trades at a premium versus the sector on earnings (25.6x P/E vs. 21.8x median) with a higher return on equity (20.0% vs. 10.4%) and faster revenue growth (23.4% vs. 9.0%).

P/E vs sector

25.6x

median 21.8x

ROE vs sector

20.0%

median 10.4%

Growth vs sector

23.4%

median 9.0%

Sector rank

#5

of 31 by rating

CompanyP/ERev Gr.Rating
CEGThis stock25.6x23.4%Favorable· 66
DUK18.9x7.2%Neutral· 53
SO24x8.7%Neutral· 48
AEP19x11.4%Favorable· 64
VST23x15.7%Neutral· 55
ETR28.3x11.5%Neutral· 43
EXC16.7x4.6%Neutral· 47
PEG17.6x19.0%Favorable· 69
Utilities median21.8x9.0%54/100

Valuation vs. quality map

sector medianDUKSOAEPVSTETREXCPEGCEGP/E — cheaper ←→ pricierROE — more profitable ↑

The sweet spot is upper-left: more profitable (higher ROE) for a lower P/E. Dashed lines mark the sector median.

Compare side by side

Peers are the closest Utilities companies by sub-industry and size. Sector median is across all 31 S&P 500 names in the sector. Educational, not a recommendation.

5-Year Projection Model

Project revenue → earnings → price. Edit the assumptions to build your own case.

2030 price target (Base Case)

$282.64$459.28

vs. $275.53 today · expected CAGR 1%11%

Metric20262027202820292030
Revenue$27.88B$34.29B$42.17B$51.87B$63.80B
Net income$2.79B$3.43B$4.22B$5.19B$6.38B
EPS$7.72$9.49$11.68$14.36$17.66
Share price (low)$123.48$151.88$186.82$229.79$282.64
Share price (high)$200.66$246.81$303.58$373.40$459.28
CAGR (low–high)-55% / -27%-26% / -5%-12% / 3%-4% / 8%1% / 11%

Educational model on sample fundamentals — not a forecast or investment advice. Outputs are only as good as your assumptions.

Bull Case

The case for CEG:

  • Revenue is growing 23.4% a year, a sign of real demand.
  • Strong return on equity (20.0%) shows capital is put to work well.
  • Healthy free-cash-flow yield (~4.3%) funds buybacks and dividends.
  • Our model's overall read is Favorable (66/100).
Bear Case

The case against CEG:

  • Like any single stock, it is exposed to competition, the economic cycle, and shifts in its end markets.
Key Risks
Research

Market risk — sector rotation, the economic cycle, and broad sentiment move the stock regardless of fundamentals.

Investment Thesis
Research

On balance, the fundamentals screen favourably: Constellation Energy is a large-cap utilities business still growing nicely, with solid profitability, and a sound balance sheet. It trades at 25.6x earnings, which our model scores Favorable (66/100). Weigh this against your own goals and time horizon — this is educational information, not a recommendation.

Data notice. Fundamentals and financial statements are sourced from company filings (SEC EDGAR) and market-data providers; prices and market caps refresh on trading days and may be delayed. Ratings, projections, technical signals, and written summaries are model- or rule-generated for education and may simplify or lag the latest filings.

Not advice. Nothing on this page is investment advice or a recommendation to buy, hold, or sell any security. Do your own research and consult a licensed financial professional before investing.