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CEG US​
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CEG US​
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Constellation Energy Corp(CEG US)

$280.20-2.200.78%Ext:$277.02-3.181.14%(After Hours · 00:22:31 UTC)
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Constellation Energy Corp(CEG US)

$280.20-2.200.78%Ext:$277.02-3.181.14%(After Hours · 00:22:31 UTC)
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Constellation Energy Corp — Company Profile

Constellation Energy Corporation operates as a U.S.-based firm dedicated to producing and distributing electricity. Its activities are organized across five primary geographical segments: the Mid-Atlantic, Midwest, New York, ERCOT, and various other power markets. In addition to electrical power, the company supplies natural gas, sustainable energy solutions, and an array of associated energy products and services. Possessing a significant generation capability of 32,400 megawatts, its power portfolio incorporates diverse sources such as nuclear, wind, solar, natural gas, and hydroelectric facilities. The company serves a wide spectrum of clients, including utility distributors, local government bodies, cooperatives, along with commercial, industrial, public sector, and household consumers. Founded in 2021, its corporate headquarters are situated in Baltimore, Maryland. Constellation Energy Corporation previously operated as a subsidiary of Exelon Corporation.

Sector
Utilities
Industry
Electric Utilities
Exchange
UQ
CEO
Joseph Dominguez
Headquarters
Baltimore, MD, US
IPO Date
Jan 19, 2022
Employees
15,315
Website
constellationenergy.com

Key Metrics

Price
$263.25
Market Cap
$94.53B
Revenue (TTM)
$11.12B
Net Income (TTM)
$1.60B
EPS (TTM)
4.49
P/E (TTM)
24.85
P/B (TTM)
2.82
Dividend Yield
60.95%
ROE (TTM)
4.79%
ROA (TTM)
1.65%
Operating Margin
20.84%
Beta
1.43

Dividends

Last Dividend
$0.43
Last Yield
0.61%

Summary

Constellation Energy Corporation operates as a U.S.-based firm dedicated to producing and distributing electricity. Its activities are organized across five primary geographical segments: the Mid-Atlantic, Midwest, New York, ERCOT, and various other power markets. In addition to electrical power, the company supplies natural gas, sustainable energy solutions, and an array of associated energy products and services. Possessing a significant generation capability of 32,400 megawatts, its power portfolio incorporates diverse sources such as nuclear, wind, solar, natural gas, and hydroelectric facilities. The company serves a wide spectrum of clients, including utility distributors, local government bodies, cooperatives, along with commercial, industrial, public sector, and household consumers. Founded in 2021, its corporate headquarters are situated in Baltimore, Maryland. Constellation Energy Corporation previously operated as a subsidiary of Exelon Corporation.

Website
constellationenergy.com
Location
Baltimore, MD, US
Phone833 883 0162
Employees15,315
CEOJoseph Dominguez
Sector
Utilities
Industry
Electric Utilities
IPO DateJan 19, 2022

Ask AI

Company overview
Business model, segments, and competition.
Peer comparison
Metrics vs closest competitors.
Guidance & outlook
Forward guidance and assumptions.
Bull vs bear case
Upside drivers and key risks.
Valuation snapshot
Multiples vs history and peers.
Competitive moat
Defensibility and market position.
Management track record
Leadership and capital allocation history.
How it makes money
A short diagram of the business model.

Latest Documents

SEC Filings(403)

Expand
  • 10-QQ3ended 30 Sept 20269 Nov
  • 8-KResults of Operations and Financial Condition9 Nov
  • Form 144Novotny Andrew R.15 Oct
  • Form 4Harrington Charles L.2 Oct
  • Form 4CRANDALL ROGER W2 Oct
  • Form 144Novotny Andrew R.17 Sep
  • Form 144/ANovotny Andrew R.17 Sep
  • Form 144Novotny Andrew R.21 Aug
  • Form 4CRANDALL ROGER W13 Aug
  • SC 13G/AConstellation Energy Corp7 Aug
  • Form 4CRANDALL ROGER W6 Aug
  • Form 3CRANDALL ROGER W6 Aug
  • 10-QQ2ended 30 Jun 20266 Aug
  • 8-KResults of Operations and Financial Condition6 Aug
  • 8-KContact: Dave Snyder Constellation Communications 667-218-7700 [email protected] FOR IMMEDIATE RELEASE Constellation Announces Board Chairman Transition and New Board Appointment BALTIMORE, Md. — (Aug. 5, 2026)— Constellation (Nasdaq: CEG) today announced that its Board of Directors has elected President and Chief Executive Officer Joe Dominguez to serve as Chairman of the Board, effective Aug. 4, 2026, and appointed Roger Crandall, Chairman, President and Chief Executive Officer of MassMutual, to the Board as an independent director, effective Aug. 5, 2026. Charles L. Harrington will serve as Lead Independent Director, reinforcing the company's strong governance framework and independent Board oversight. Crandall brings nearly four decades of leadership experience in financial services and has served as chief executive officer of MassMutual since 2010. MassMutual, a Fortune 100 company, is one of America’s largest mutual life insurance companies, serving more than four million customers with over $1 trillion in life insurance in force. Under Crandall’s leadership, the 175- year-old company has delivered strong long-term performance and exceptional value to its policyowners. He recently completed service as Chair of the Federal Reserve Bank of Boston and currently serves on several business, educational and nonprofit boards. Crandall earned an MBA from the Wharton School of the University of Pennsylvania and a bachelor's degree in economics from the University of Vermont. "Roger is an exceptional business leader with deep expertise in capital allocation, risk management, technology transformation and corporate governance," said Dominguez. "His perspective and experience will be invaluable as Constellation continues to execute its strategy and meet growing demand for reliable, carbon-free energy." "Constellation plays a critical role in powering economic growth and advancing a more reliable and sustainable energy future," said Crandall. "I look forward to working with the Board and leadership team to support the company's long-term success and value creation, all in service of building a better tomorrow for communities across the country." These appointments follow the resignation of Robert J. Lawless from the Board, effective Aug. 4, 2026. Lawless concludes a distinguished tenure spanning more than two decades of service to Constellation. He served on the board of legacy Constellation Energy Group from 2002 until its merger with Exelon in 2012, on the Exelon Board from 2012 to 2022, and as chairman ofConstellation following its separation from Exelon in 2022. His strategic insight, financial acumen, commitment to strong corporate governance and steadfast support of management helped position Constellation for sustained growth and industry leadership. "Few people have had a greater impact on Constellation's journey than Bob Lawless," said Dominguez. "From his service on the legacy Constellation board to supporting the company through our separation from Exelon, Bob has been a trusted counselor, thoughtful leader and steadfast advocate for our long-term success. His leadership helped lay the foundation for the growth and value creation we have achieved as an independent company, and we are deeply grateful for his service." Mr. Lawless brought decades of executive leadership, strategic planning and corporate governance experience to the Board. As the former chairman, president and chief executive officer of McCormick & Company, he provided valuable insight on issues affecting public companies and helped strengthen Constellation's focus on long-term shareholder value and disciplined leadership. "It has been an honor to serve on Constellation's Board and work alongside such a talented team," said Lawless. "I am proud of what the company has accomplished and confident it is well positioned for continued success." ### About Constellation Constellation Energy Corporation (Nasdaq: CEG), a Fortune 200 company headquartered in Baltimore, is the largest private-sector power producer in the world and the nation's largest producer of clean and reliable energy. With 55 gigawatts of capacity from nuclear, natural gas, oil, geothermal, hydro, wind and solar facilities, our fleet has the generating capacity to power the equivalent of 27 million homes, providing about 10% of the nation’s clean energy and delivering the around-the-clock reliability needed to power America's growing economy. We are also the largest nuclear energy company in the U.S. and a leading competitive retail supplier, serving approximately 2.5 million customer accounts nationwide, including 80% of the Fortune 100. We are committed to investing in innovation and new technologies to drive the transition to a reliable, sustainable and secure energy future. Follow Constellation on LinkedIn and X.5 Aug
  • 8-KOther Events14 Jul
  • Form 4Harrington Charles L.1 Jul
  • 11-KAnnual report (employee stock purchase/savings/profit sharing plans)17 Jun
  • 8-KOther Events2 Jun
  • 424B4Prospectus filing (Rule 424(b)(4))2 Jun

News

  • Bloom Energy vs. Constellation Energy: On-Site Power or Grid Power, Which Wins the Data Center?03:46AM
  • Constellation Energy’s Dividend Is Small. AI Power Demand Could Change That11 Nov
  • Can Constellation Energy's Contracts Power a Stock Rebound?11 Nov
  • Elite Dividend Growth Machines On Sale (Up To 7% Yields)11 Nov
  • Constellation Q3 Earnings Call Highlights Long-Term Nuclear Contracts10 Nov
  • US power demand to beat record highs in 2026 and 2027 as AI use surges, EIA says10 Nov
  • Constellation and Vistra Get the Headlines. These 2 Power Producers Barely Get Mentioned.10 Nov
  • AI Is Creating a Power Crisis. Constellation Energy Just Showed How It Plans to Cash In.10 Nov
  • 3 AI Power Stocks to Buy in November10 Nov
  • The Power Behind AI Pays a Dividend: 3 Utility ETFs Yielding Up to 2.77%9 Nov
  • Constellation Energy Earnings Shoots for Stars: Report Backs CEG Place in AI Buildout9 Nov
  • Vistra and Constellation Both Fell Sharply After the Election. One Has Far More Exposure to Texas.9 Nov
  • Constellation Energy Corporation (CEG) Q3 2026 Earnings Call Transcript9 Nov
  • Shortage of Turbines Drives Market for Second-Hand Market for AI Data Centers9 Nov
  • Jensen Huang News Dominates Morning Headlines9 Nov
  • CEG Q3 Earnings Beat on Calpine, Strong Commercial Performance9 Nov
  • CEG Surges on Earnings, Clean Energy Roadmap; Stock Faces Strong Resistance9 Nov
  • Nuke Stock Constellation Fueled By Earnings; NRG Hits Gas On Buybacks9 Nov
  • Constellation Energy stock's post-earnings rally is an opportunity to sell9 Nov
  • Dow Jumps Over 600 Points; Constellation Energy Posts Upbeat Earnings9 Nov

Mentions in Filings

  • … on With Any Underlying Stock Issuer Or Have Independently Verified Their Public Disclosure Of Information. ●You Have Limited Anti-dilution Protection. ●There Is Limited Trading History For The Common Stock Of <strong>Constellation Energy Corporation</strong>. Risks Relating To Hedging Activities And Conflicts Of Interest ●A Participating Dealer Or Its Affiliates May Realize Hedging Profits Projected By Its Proprietary Pricing Models In Addition To Any Selling Con …
    BANK OF NOVA SCOTIAConstellation Energy Corp·FWP - Free writing prospectus·Q1 27·12 Nov
  • … t Litigation — In July 2025, an antitrust lawsuit was filed in the U.S. District Court for the District of Maryland (Maryland District Court) against Human Resources Consultants, LLC, Accelerant Technologies, <strong>Constellation Energy Corporation</strong> and 25 other companies, including Vistra Corp. and Luminant Generation Company, LLC. The plaintiffs allege that since at least May 2003, the defendants exchanged confidential compensation information and cons …
    Vistra Corp.Constellation Energy Corp·10-Q - Quarterly report Q3·Q3 26·6 Nov
  • … Loan Documents). “Connection Income Taxes” means Other Connection Taxes that are imposed on or measured by net income (however denominated) or that are franchise Taxes or branch profits Taxes. “Constellation” means <strong>Constellation Energy</strong> Generation, LLC, a Pennsylvania limited liability company (f/k/a Exelon Generation Company, LLC). “Constellation Lease” means that certain Lease Agreement dated as of March 21, 2013 executed by and between Constell …
    AH Realty Trust, Inc.Constellation Energy Corp·EX-10.3 - 8-K - Entry into a Material Definitive Agreement·Q4 26·3 Nov
  • … on a pro forma basis or deposit 100% of monthly Excess Cash Flow (as defined in the Constellation Loan Agreement) into a cash collateral account pledged to the Constellation Agent. A cash sweep is also required if <strong>Constellation Energy</strong> loses its investment-grade credit rating from S&P or Moody’s, or if its entire leased premises goes dark for more than 30 consecutive days. The cash sweep continues until the applicable contractual termination cond …
    AH Realty Trust, Inc.Constellation Energy Corp·8-K - Entry into a Material Definitive Agreement·Q4 26·3 Nov
  • … hted by: ◦Better than anticipated office leasing activity and spreads ◦Sooner than expected retail tenant openings and rent commencements ◦Higher than anticipated percentage rent from retail tenants ◦OpEx savings resulting from successful real estate tax appeals ◦Lower than anticipated bad debt •On October 28, 2026, the Company refinanced the loan secured by the <strong>Constellation Energy</strong> Building, extending the maturity date to October 28, 2029.
    AH Realty Trust, Inc.Constellation Energy Corp·EX-99.1 - 8-K - Results of Operations and Financial Condition·Q4 26·2 Nov
  • … | | 743,984 | 1.05% | | | Diversified financial services | | | | | | | | | 1,000,000 | 11/15/28 | Atlas Warehouse Lending Company, L.P. | 4.63% | | 993,360 | 1.40% | | | Energy | | | | | | | | | 500,000 | 1/8/28 | <strong>Constellation Energy</strong> Generation, LLC | 3.90% | | 497,313 | 0.70% | | | 450,000 | 3/15/29 | Evergy, Inc. | 4.25% | | 438,592 | 0.62% | | | Software | | | | | | | | | 750,000 | 11/15/27 | Oracle Corporation | 3.25% | | 740,962 | 1.04% | …
    LOCORR FUTURES PORTFOLIO FUND L.P.Constellation Energy Corp·10-Q - QUARTERLY REPORT Q3·Q3 26·03:17PM

Key Stats

Trading

Px/Chg 1D$263.25 / +2.24%
Prev Close$298.96
% of 52Wk H72.46%
Avg Volume3.42M
Beta1.43
Mkt Cap94.53B
FD Mkt Cap107.39B

Float

Shrs Out/Float359.10M / 337.75M
Short Float0.04%
Days to Cover3.16
Stock Repurchased$0.00

Current Valuation

EV116.17B
EV/EBITDA14.08
EV/Sales3.89
P/B2.82
P/S3.17
FCF Yield-0.90%
ROE4.79%
ROA1.65%
Current Ratio1.36

Dividend

Cash$0.43
Yield60.95%
Yield (TTM)60.95%

Estimates

P/E24.85
Est P/E0.00
Est EPS2.54
Est PEG0.00

Valuation

Metric5Yr AvgMay '23May '24May '25May '26Oct '26
PRICE-BASED RATIOS
Price / Earnings36.87-156.8541.3920.86219.9958.97
Price / Sales6.591.032.703.3217.418.50
Price / Book Value4.752.286.155.946.552.82
Price / Free Cash Flow-133.35-6.21-8.70-15.55-525.06-111.22
ENTERPRISE VALUE METRICS
Enterprise Value81,596.630,795.376,438.083,968.1100,616.2116,165.6
Enterprise Value / Sales7.351.263.073.5618.4310.44
Enterprise Value / EBITDA30.1810.5418.1012.0477.3432.87
Enterprise Value / EBIT60.3162.3444.7519.65124.9949.81

Financials

Full Financials
Millions USD5Yr CAGR (%)Dec '21Dec '22Dec '23Dec '24Dec '25
INCOME STATEMENT
Revenue6.8%19,649.024,440.024,918.023,568.025,533.0
Gross Income63%2,745.02,137.03,303.05,990.019,361.0
EBITDA7.1%3,807.02,921.04,222.06,973.05,007.0
EBIT34.7%1,220.0494.01,708.04,273.04,022.0
Net Income—-205.0-160.01,623.03,749.02,319.0
EPS (Diluted)—-0.63-0.495.0111.907.40
BALANCE SHEET
Cash & ST Inv65.1%504.0422.0368.03,022.03,748.0
Total Assets4.5%48,086.046,909.050,758.052,926.057,249.0
Total Liabilities3.8%36,472.035,537.039,472.039,387.042,396.0
Total Shareholder Equity6.7%11,219.011,018.010,925.013,166.014,517.0
CASH FLOW
Net Operating Cash Flow—-1,338.0-2,353.0-5,301.0-2,464.04,237.0
Cap Ex22%-1,329.0-1,689.0-2,422.0-2,565.0-2,949.0
Free Cash Flow—-2,667.0-4,042.0-7,723.0-5,029.01,288.0

Enterprise Value Bridge

Millions USD13 Nov '26
Price (As of 13 Nov '26)280.22
Basic Shares359.10
Market Cap100,627.6
Diluted Shares354.00
Fully Diluted Shares Outstanding354.00
Fully Diluted Market Cap99,197.9
+Consolidated Debt24,700.0
−In-the-Money Convertible Debt—
+Capital Leases-
+Operating Leases—
−Cash & Equivalents-1,077.0
−Short-term Investments-
+Total Preferred-
−In-the-Money Convertible Preferred—
−Investments in Unconsolidated Subs—
+Non-Controlling Interest345.0
+Pension Liabilities—
Enterprise Value124,595.6

Segment data

Revenue

by Products and services

  • Constellation Mid Atlantic29%
  • Constellation Midwest26%
  • Constellation Other Regions25%
  • Constellation New York11%
  • Constellation Ercot9%

Revenue

by Geography

  • Constellation Mid Atlantic29%
  • Constellation Midwest26%
  • Constellation Other Regions25%
  • Constellation New York11%
  • Constellation Ercot9%

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Constellation Energy Corp — Company Profile

Constellation Energy Corporation operates as a U.S.-based firm dedicated to producing and distributing electricity. Its activities are organized across five primary geographical segments: the Mid-Atlantic, Midwest, New York, ERCOT, and various other power markets. In addition to electrical power, the company supplies natural gas, sustainable energy solutions, and an array of associated energy products and services. Possessing a significant generation capability of 32,400 megawatts, its power portfolio incorporates diverse sources such as nuclear, wind, solar, natural gas, and hydroelectric facilities. The company serves a wide spectrum of clients, including utility distributors, local government bodies, cooperatives, along with commercial, industrial, public sector, and household consumers. Founded in 2021, its corporate headquarters are situated in Baltimore, Maryland. Constellation Energy Corporation previously operated as a subsidiary of Exelon Corporation.

Sector
Utilities
Industry
Electric Utilities
Exchange
UQ
CEO
Joseph Dominguez
Headquarters
Baltimore, MD, US
IPO Date
Jan 19, 2022
Employees
15,315
Website
constellationenergy.com

Key Metrics

Price
$263.25
Market Cap
$94.53B
Revenue (TTM)
$11.12B
Net Income (TTM)
$1.60B
EPS (TTM)
4.49
P/E (TTM)
24.85
P/B (TTM)
2.82
Dividend Yield
60.95%
ROE (TTM)
4.79%
ROA (TTM)
1.65%
Operating Margin
20.84%
Beta
1.43

Dividends

Last Dividend
$0.43
Last Yield
0.61%

Summary

Constellation Energy Corporation operates as a U.S.-based firm dedicated to producing and distributing electricity. Its activities are organized across five primary geographical segments: the Mid-Atlantic, Midwest, New York, ERCOT, and various other power markets. In addition to electrical power, the company supplies natural gas, sustainable energy solutions, and an array of associated energy products and services. Possessing a significant generation capability of 32,400 megawatts, its power portfolio incorporates diverse sources such as nuclear, wind, solar, natural gas, and hydroelectric facilities. The company serves a wide spectrum of clients, including utility distributors, local government bodies, cooperatives, along with commercial, industrial, public sector, and household consumers. Founded in 2021, its corporate headquarters are situated in Baltimore, Maryland. Constellation Energy Corporation previously operated as a subsidiary of Exelon Corporation.

Website
constellationenergy.com
Location
Baltimore, MD, US
Phone833 883 0162
Employees15,315
CEOJoseph Dominguez
Sector
Utilities
Industry
Electric Utilities
IPO DateJan 19, 2022

Ask AI

Company overview
Business model, segments, and competition.
Peer comparison
Metrics vs closest competitors.
Guidance & outlook
Forward guidance and assumptions.
Bull vs bear case
Upside drivers and key risks.
Valuation snapshot
Multiples vs history and peers.
Competitive moat
Defensibility and market position.
Management track record
Leadership and capital allocation history.
How it makes money
A short diagram of the business model.

Latest Documents

SEC Filings(403)

Expand
  • 10-QQ3ended 30 Sept 20269 Nov
  • 8-KResults of Operations and Financial Condition9 Nov
  • Form 144Novotny Andrew R.15 Oct
  • Form 4Harrington Charles L.2 Oct
  • Form 4CRANDALL ROGER W2 Oct
  • Form 144Novotny Andrew R.17 Sep
  • Form 144/ANovotny Andrew R.17 Sep
  • Form 144Novotny Andrew R.21 Aug
  • Form 4CRANDALL ROGER W13 Aug
  • SC 13G/AConstellation Energy Corp7 Aug
  • Form 4CRANDALL ROGER W6 Aug
  • Form 3CRANDALL ROGER W6 Aug
  • 10-QQ2ended 30 Jun 20266 Aug
  • 8-KResults of Operations and Financial Condition6 Aug
  • 8-KContact: Dave Snyder Constellation Communications 667-218-7700 [email protected] FOR IMMEDIATE RELEASE Constellation Announces Board Chairman Transition and New Board Appointment BALTIMORE, Md. — (Aug. 5, 2026)— Constellation (Nasdaq: CEG) today announced that its Board of Directors has elected President and Chief Executive Officer Joe Dominguez to serve as Chairman of the Board, effective Aug. 4, 2026, and appointed Roger Crandall, Chairman, President and Chief Executive Officer of MassMutual, to the Board as an independent director, effective Aug. 5, 2026. Charles L. Harrington will serve as Lead Independent Director, reinforcing the company's strong governance framework and independent Board oversight. Crandall brings nearly four decades of leadership experience in financial services and has served as chief executive officer of MassMutual since 2010. MassMutual, a Fortune 100 company, is one of America’s largest mutual life insurance companies, serving more than four million customers with over $1 trillion in life insurance in force. Under Crandall’s leadership, the 175- year-old company has delivered strong long-term performance and exceptional value to its policyowners. He recently completed service as Chair of the Federal Reserve Bank of Boston and currently serves on several business, educational and nonprofit boards. Crandall earned an MBA from the Wharton School of the University of Pennsylvania and a bachelor's degree in economics from the University of Vermont. "Roger is an exceptional business leader with deep expertise in capital allocation, risk management, technology transformation and corporate governance," said Dominguez. "His perspective and experience will be invaluable as Constellation continues to execute its strategy and meet growing demand for reliable, carbon-free energy." "Constellation plays a critical role in powering economic growth and advancing a more reliable and sustainable energy future," said Crandall. "I look forward to working with the Board and leadership team to support the company's long-term success and value creation, all in service of building a better tomorrow for communities across the country." These appointments follow the resignation of Robert J. Lawless from the Board, effective Aug. 4, 2026. Lawless concludes a distinguished tenure spanning more than two decades of service to Constellation. He served on the board of legacy Constellation Energy Group from 2002 until its merger with Exelon in 2012, on the Exelon Board from 2012 to 2022, and as chairman ofConstellation following its separation from Exelon in 2022. His strategic insight, financial acumen, commitment to strong corporate governance and steadfast support of management helped position Constellation for sustained growth and industry leadership. "Few people have had a greater impact on Constellation's journey than Bob Lawless," said Dominguez. "From his service on the legacy Constellation board to supporting the company through our separation from Exelon, Bob has been a trusted counselor, thoughtful leader and steadfast advocate for our long-term success. His leadership helped lay the foundation for the growth and value creation we have achieved as an independent company, and we are deeply grateful for his service." Mr. Lawless brought decades of executive leadership, strategic planning and corporate governance experience to the Board. As the former chairman, president and chief executive officer of McCormick & Company, he provided valuable insight on issues affecting public companies and helped strengthen Constellation's focus on long-term shareholder value and disciplined leadership. "It has been an honor to serve on Constellation's Board and work alongside such a talented team," said Lawless. "I am proud of what the company has accomplished and confident it is well positioned for continued success." ### About Constellation Constellation Energy Corporation (Nasdaq: CEG), a Fortune 200 company headquartered in Baltimore, is the largest private-sector power producer in the world and the nation's largest producer of clean and reliable energy. With 55 gigawatts of capacity from nuclear, natural gas, oil, geothermal, hydro, wind and solar facilities, our fleet has the generating capacity to power the equivalent of 27 million homes, providing about 10% of the nation’s clean energy and delivering the around-the-clock reliability needed to power America's growing economy. We are also the largest nuclear energy company in the U.S. and a leading competitive retail supplier, serving approximately 2.5 million customer accounts nationwide, including 80% of the Fortune 100. We are committed to investing in innovation and new technologies to drive the transition to a reliable, sustainable and secure energy future. Follow Constellation on LinkedIn and X.5 Aug
  • 8-KOther Events14 Jul
  • Form 4Harrington Charles L.1 Jul
  • 11-KAnnual report (employee stock purchase/savings/profit sharing plans)17 Jun
  • 8-KOther Events2 Jun
  • 424B4Prospectus filing (Rule 424(b)(4))2 Jun

News

  • Bloom Energy vs. Constellation Energy: On-Site Power or Grid Power, Which Wins the Data Center?03:46AM
  • Constellation Energy’s Dividend Is Small. AI Power Demand Could Change That11 Nov
  • Can Constellation Energy's Contracts Power a Stock Rebound?11 Nov
  • Elite Dividend Growth Machines On Sale (Up To 7% Yields)11 Nov
  • Constellation Q3 Earnings Call Highlights Long-Term Nuclear Contracts10 Nov
  • US power demand to beat record highs in 2026 and 2027 as AI use surges, EIA says10 Nov
  • Constellation and Vistra Get the Headlines. These 2 Power Producers Barely Get Mentioned.10 Nov
  • AI Is Creating a Power Crisis. Constellation Energy Just Showed How It Plans to Cash In.10 Nov
  • 3 AI Power Stocks to Buy in November10 Nov
  • The Power Behind AI Pays a Dividend: 3 Utility ETFs Yielding Up to 2.77%9 Nov
  • Constellation Energy Earnings Shoots for Stars: Report Backs CEG Place in AI Buildout9 Nov
  • Vistra and Constellation Both Fell Sharply After the Election. One Has Far More Exposure to Texas.9 Nov
  • Constellation Energy Corporation (CEG) Q3 2026 Earnings Call Transcript9 Nov
  • Shortage of Turbines Drives Market for Second-Hand Market for AI Data Centers9 Nov
  • Jensen Huang News Dominates Morning Headlines9 Nov
  • CEG Q3 Earnings Beat on Calpine, Strong Commercial Performance9 Nov
  • CEG Surges on Earnings, Clean Energy Roadmap; Stock Faces Strong Resistance9 Nov
  • Nuke Stock Constellation Fueled By Earnings; NRG Hits Gas On Buybacks9 Nov
  • Constellation Energy stock's post-earnings rally is an opportunity to sell9 Nov
  • Dow Jumps Over 600 Points; Constellation Energy Posts Upbeat Earnings9 Nov

Mentions in Filings

  • … on With Any Underlying Stock Issuer Or Have Independently Verified Their Public Disclosure Of Information. ●You Have Limited Anti-dilution Protection. ●There Is Limited Trading History For The Common Stock Of <strong>Constellation Energy Corporation</strong>. Risks Relating To Hedging Activities And Conflicts Of Interest ●A Participating Dealer Or Its Affiliates May Realize Hedging Profits Projected By Its Proprietary Pricing Models In Addition To Any Selling Con …
    BANK OF NOVA SCOTIAConstellation Energy Corp·FWP - Free writing prospectus·Q1 27·12 Nov
  • … t Litigation — In July 2025, an antitrust lawsuit was filed in the U.S. District Court for the District of Maryland (Maryland District Court) against Human Resources Consultants, LLC, Accelerant Technologies, <strong>Constellation Energy Corporation</strong> and 25 other companies, including Vistra Corp. and Luminant Generation Company, LLC. The plaintiffs allege that since at least May 2003, the defendants exchanged confidential compensation information and cons …
    Vistra Corp.Constellation Energy Corp·10-Q - Quarterly report Q3·Q3 26·6 Nov
  • … Loan Documents). “Connection Income Taxes” means Other Connection Taxes that are imposed on or measured by net income (however denominated) or that are franchise Taxes or branch profits Taxes. “Constellation” means <strong>Constellation Energy</strong> Generation, LLC, a Pennsylvania limited liability company (f/k/a Exelon Generation Company, LLC). “Constellation Lease” means that certain Lease Agreement dated as of March 21, 2013 executed by and between Constell …
    AH Realty Trust, Inc.Constellation Energy Corp·EX-10.3 - 8-K - Entry into a Material Definitive Agreement·Q4 26·3 Nov
  • … on a pro forma basis or deposit 100% of monthly Excess Cash Flow (as defined in the Constellation Loan Agreement) into a cash collateral account pledged to the Constellation Agent. A cash sweep is also required if <strong>Constellation Energy</strong> loses its investment-grade credit rating from S&P or Moody’s, or if its entire leased premises goes dark for more than 30 consecutive days. The cash sweep continues until the applicable contractual termination cond …
    AH Realty Trust, Inc.Constellation Energy Corp·8-K - Entry into a Material Definitive Agreement·Q4 26·3 Nov
  • … hted by: ◦Better than anticipated office leasing activity and spreads ◦Sooner than expected retail tenant openings and rent commencements ◦Higher than anticipated percentage rent from retail tenants ◦OpEx savings resulting from successful real estate tax appeals ◦Lower than anticipated bad debt •On October 28, 2026, the Company refinanced the loan secured by the <strong>Constellation Energy</strong> Building, extending the maturity date to October 28, 2029.
    AH Realty Trust, Inc.Constellation Energy Corp·EX-99.1 - 8-K - Results of Operations and Financial Condition·Q4 26·2 Nov
  • … | | 743,984 | 1.05% | | | Diversified financial services | | | | | | | | | 1,000,000 | 11/15/28 | Atlas Warehouse Lending Company, L.P. | 4.63% | | 993,360 | 1.40% | | | Energy | | | | | | | | | 500,000 | 1/8/28 | <strong>Constellation Energy</strong> Generation, LLC | 3.90% | | 497,313 | 0.70% | | | 450,000 | 3/15/29 | Evergy, Inc. | 4.25% | | 438,592 | 0.62% | | | Software | | | | | | | | | 750,000 | 11/15/27 | Oracle Corporation | 3.25% | | 740,962 | 1.04% | …
    LOCORR FUTURES PORTFOLIO FUND L.P.Constellation Energy Corp·10-Q - QUARTERLY REPORT Q3·Q3 26·03:17PM

Key Stats

Trading

Px/Chg 1D$263.25 / +2.24%
Prev Close$298.96
% of 52Wk H72.46%
Avg Volume3.42M
Beta1.43
Mkt Cap94.53B
FD Mkt Cap107.39B

Float

Shrs Out/Float359.10M / 337.75M
Short Float0.04%
Days to Cover3.16
Stock Repurchased$0.00

Current Valuation

EV116.17B
EV/EBITDA14.08
EV/Sales3.89
P/B2.82
P/S3.17
FCF Yield-0.90%
ROE4.79%
ROA1.65%
Current Ratio1.36

Dividend

Cash$0.43
Yield60.95%
Yield (TTM)60.95%

Estimates

P/E24.85
Est P/E0.00
Est EPS2.54
Est PEG0.00

Valuation

Metric5Yr AvgMay '23May '24May '25May '26Oct '26
PRICE-BASED RATIOS
Price / Earnings36.87-156.8541.3920.86219.9958.97
Price / Sales6.591.032.703.3217.418.50
Price / Book Value4.752.286.155.946.552.82
Price / Free Cash Flow-133.35-6.21-8.70-15.55-525.06-111.22
ENTERPRISE VALUE METRICS
Enterprise Value81,596.630,795.376,438.083,968.1100,616.2116,165.6
Enterprise Value / Sales7.351.263.073.5618.4310.44
Enterprise Value / EBITDA30.1810.5418.1012.0477.3432.87
Enterprise Value / EBIT60.3162.3444.7519.65124.9949.81

Financials

Full Financials
Millions USD5Yr CAGR (%)Dec '21Dec '22Dec '23Dec '24Dec '25
INCOME STATEMENT
Revenue6.8%19,649.024,440.024,918.023,568.025,533.0
Gross Income63%2,745.02,137.03,303.05,990.019,361.0
EBITDA7.1%3,807.02,921.04,222.06,973.05,007.0
EBIT34.7%1,220.0494.01,708.04,273.04,022.0
Net Income—-205.0-160.01,623.03,749.02,319.0
EPS (Diluted)—-0.63-0.495.0111.907.40
BALANCE SHEET
Cash & ST Inv65.1%504.0422.0368.03,022.03,748.0
Total Assets4.5%48,086.046,909.050,758.052,926.057,249.0
Total Liabilities3.8%36,472.035,537.039,472.039,387.042,396.0
Total Shareholder Equity6.7%11,219.011,018.010,925.013,166.014,517.0
CASH FLOW
Net Operating Cash Flow—-1,338.0-2,353.0-5,301.0-2,464.04,237.0
Cap Ex22%-1,329.0-1,689.0-2,422.0-2,565.0-2,949.0
Free Cash Flow—-2,667.0-4,042.0-7,723.0-5,029.01,288.0

Enterprise Value Bridge

Millions USD13 Nov '26
Price (As of 13 Nov '26)280.22
Basic Shares359.10
Market Cap100,627.6
Diluted Shares354.00
Fully Diluted Shares Outstanding354.00
Fully Diluted Market Cap99,197.9
+Consolidated Debt24,700.0
−In-the-Money Convertible Debt—
+Capital Leases-
+Operating Leases—
−Cash & Equivalents-1,077.0
−Short-term Investments-
+Total Preferred-
−In-the-Money Convertible Preferred—
−Investments in Unconsolidated Subs—
+Non-Controlling Interest345.0
+Pension Liabilities—
Enterprise Value124,595.6

Segment data

Revenue

by Products and services

  • Constellation Mid Atlantic29%
  • Constellation Midwest26%
  • Constellation Other Regions25%
  • Constellation New York11%
  • Constellation Ercot9%

Revenue

by Geography

  • Constellation Mid Atlantic29%
  • Constellation Midwest26%
  • Constellation Other Regions25%
  • Constellation New York11%
  • Constellation Ercot9%

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