CEG · Constellation Energy Corp - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Revenue | $25.53B | $23.57B | $24.92B | $17.60B |
| Cost of Revenue | - | - | - | - |
| Gross Profit | - | - | - | - |
| R&D | - | - | - | - |
| SG&A | - | - | - | - |
| Total Operating Expenses | $22.45B | $19.29B | $23.34B | $17.36B |
| D&A | $967.00M | $1.10B | $1.07B | $2.07B |
| Operating Income | $3.09B | $4.35B | $1.61B | $256.00M |
| Interest Expense | $511.00M | $506.00M | $431.00M | $328.00M |
| Income Tax | $1.19B | $774.00M | $859.00M | $249.00M |
| Net Income | $2.32B | $3.75B | $1.62B | $589.00M |
| EPS - Basic | $7.40 | $11.91 | $5.02 | $0.00 |
| EPS - Diluted | $7.40 | $11.89 | $5.01 | $0.00 |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash & Equivalents | $3.64B | $3.02B | $368.00M | $303.00M |
| Accounts Receivable | $4.27B | $3.12B | $1.93B | $2.58B |
| Inventory | $1.74B | - | - | - |
| Accounts Payable | $2.81B | $2.37B | $1.30B | $2.83B |
| Current Assets | $12.12B | $10.78B | $8.30B | $9.36B |
| Total Assets | $57.25B | $52.93B | $50.76B | $46.91B |
| Current Liabilities | $7.94B | $6.85B | $6.32B | $7.84B |
| Long-term Debt | $7.25B | $7.38B | $7.50B | $4.47B |
| Total Liabilities | $42.40B | $39.39B | $39.47B | $35.54B |
| Stockholders' Equity | $14.52B | $13.17B | $10.93B | $11.02B |
| Retained Earnings | $5.90B | $4.07B | $761.00M | ($496.00M) |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Operating Cash Flow | $4.24B | ($2.46B) | ($5.30B) | $584.00M |
| Investing Cash Flow | ($3.20B) | $7.43B | $3.03B | $1.96B |
| Financing Cash Flow | ($420.00M) | ($2.29B) | $2.20B | ($2.66B) |
| CapEx | $2.95B | $2.56B | $2.42B | $1.75B |
| Free Cash Flow | $1.29B | ($5.03B) | ($7.72B) | ($1.16B) |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Profitability | ||||
| Gross margin | - | - | - | - |
| Operating margin | 12.1% | 18.5% | 6.5% | 1.5% |
| EBITDA margin | 15.9% | 23.1% | 10.8% | 13.2% |
| Net margin | 9.1% | 15.9% | 6.5% | 3.3% |
| Free cash flow margin | 5.0% | -21.3% | -31.0% | -6.6% |
| FCF / Net income | 0.56 | -1.34 | -4.76 | -1.97 |
| R&D / Revenue | - | - | - | - |
| SG&A / Revenue | - | - | - | - |
| Effective tax rate | 33.9% | 17.1% | 34.6% | 29.7% |
| Return on assets | 4.1% | 7.1% | 3.2% | 1.3% |
| Return on equity | 16.0% | 28.5% | 14.9% | 5.3% |
| Return on invested capital | 9.4% | 17.6% | 5.7% | 1.2% |
| Liquidity | ||||
| Current ratio | 1.53 | 1.57 | 1.31 | 1.19 |
| Quick ratio | 1.31 | 1.57 | 1.31 | 1.19 |
| Cash ratio | 0.46 | 0.44 | 0.06 | 0.04 |
| Leverage | ||||
| Debt / Equity | 0.50 | 0.56 | 0.69 | 0.41 |
| Debt / Assets | 0.13 | 0.14 | 0.15 | 0.10 |
| Debt / EBITDA | 1.79 | 1.35 | 2.79 | 1.92 |
| Interest coverage | 6.0x | 8.6x | 3.7x | 0.8x |
| Equity multiplier | 3.94 | 4.02 | 4.65 | 4.26 |
| Liabilities / Assets | 0.74 | 0.74 | 0.78 | 0.76 |
| Efficiency | ||||
| Asset turnover | 0.45 | 0.45 | 0.49 | 0.38 |
| Inventory turnover | - | - | - | - |
| Days sales outstanding | 61d | 48d | 28d | 54d |
| Days inventory outstanding | - | - | - | - |
| Days payable outstanding | - | - | - | - |
| Cash conversion cycle | - | - | - | - |
| Valuation | ||||
| P / E | 47.7x | 18.8x | 23.3x | - |
| P / B | 7.6x | 5.4x | 3.5x | 0.0x |
| P / S | 4.3x | 3.0x | 1.5x | 0.0x |
| EV / EBITDA | 28.3x | 13.7x | 16.8x | 1.8x |
| Growth | ||||
| Revenue growth (YoY) | 8.3% | -5.4% | 41.6% | - |
| Revenue CAGR (3y) | 13.2% | - | - | - |
| Revenue CAGR (5y) | - | - | - | - |
| Gross profit growth (YoY) | - | - | - | - |
| Operating income growth (YoY) | -29.1% | 170.3% | 528.9% | - |
| Net income growth (YoY) | -38.1% | 131.0% | 175.6% | - |
| EPS growth (YoY) | -37.8% | 137.3% | - | - |
| EPS CAGR (3y) | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - |
| FCF growth (YoY) | - | 34.9% | -564.1% | - |
| FCF CAGR (5y) | - | - | - | - |
| Book value growth (YoY) | 10.3% | 20.5% | -0.8% | - |
Stability scores
Altman Z′
FY 2025 · bankruptcy risk
0.90
Distress
Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.
Piotroski F-score
FY 2025 · 9-point quality
6/9
Neutral
- ✓Net income positive
- ✓Operating cash flow positive
- ✗ROA improved YoY
- ✓Cash flow > net income
- ✓Long-term debt decreased
- ✗Current ratio improved
- ✓No share dilution
- -Gross margin improved
- ✓Asset turnover improved
Peer comparison
Same SIC group: Electric Services
Comparing Constellation Energy Corp against the 5 most active filers in the same SIC group.
Dividends
$1.63/share trailing 12 months · +10.0% YoY
| Ex-date | Per share |
|---|---|
| May 15, 2026 | $0.4270 |
| Mar 9, 2026 | $0.4270 |
| Nov 17, 2025 | $0.3880 |
| Aug 18, 2025 | $0.3880 |
| May 16, 2025 | $0.3880 |
| Mar 7, 2025 | $0.3880 |
| Nov 15, 2024 | $0.3530 |
| Aug 12, 2024 | $0.3530 |
| May 29, 2024 | $0.3530 |
| Mar 7, 2024 | $0.3530 |
| Nov 16, 2023 | $0.2820 |
| Aug 11, 2023 | $0.2820 |
| May 11, 2023 | $0.2820 |
| Feb 24, 2023 | $0.2820 |
| Nov 14, 2022 | $0.1410 |
| Aug 12, 2022 | $0.1410 |
| May 12, 2022 | $0.1410 |
| Feb 24, 2022 | $0.1410 |