Constellation Energy Corporatio (CEG) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Constellation Energy Corporatio

NasdaqGS•Utilities•Utilities - Independent Power Producers

$262.57+3.04(0.01%)Market open

Market Cap

$94.52B

P/E

27.3x

P/S

3.0x

P/B

3.0x

Constellation Energy Corporation produces and sells energy products and services in the United States. The company operates through five segments: Mid-Atlantic, Midwest, New York, ERCOT, and Other Power Regions. It offers electricity, natural gas, energy-related products, and sustainable solutions. The company has approximately 31,676 megawatts of generating capacity consisting of nuclear, wind, solar, natural gas, and hydroelectric assets. It serves distribution utilities, municipalities, cooperatives, and commercial, industrial, public sector, and residential customers. The company was incorporated in 2021 and is headquartered in Baltimore, Maryland.

How this company scores

AverageMetricSide Score: 58/100

Strongest: Growth (22/25); weakest: Cash & Earnings Quality (9/25).

Profitability15/25

Growth22/25

Balance Sheet & Red Flags12/25

Cash & Earnings Quality9/25

Strengths

Growing revenueRising earningsConsistent growth

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 27.3x5y range 19.0x – 48.0x

Currently near its 13-quarter median.

P/S · 3.0x5y range 0.7x – 4.4x

Currently near its 16-quarter median.

P/B · 3.0x5y range 1.7x – 7.7x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Margin Pressure

Watch

Operating margins declined 12.2% — watch for continued compression, which may signal competitive or cost pressure.

Earnings Quality

Red Flag

Free cash flow has been negative in 6 of the last 8 quarters — earnings are not translating to cash.

Price & Volume

Market Cap $94.52B

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $31.27B
Q. Revenue: $7.50B
TTM EBITDA: $5.94B
TTM Op. Income: $4.60B
Q. Op. Income: $580.00M
TTM Net Income: $3.46B
Q. Net Income: $513.00M
EPS: $1.42
Shares Out.: $360.00M

$31.27B in TTM revenue grew 26.0% YoY, reaching $7.50B last quarter. TTM EBITDA of $5.94B and TTM operating income of $4.60B show growth is flowing through to the bottom line. TTM net income of $3.46B means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 6 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

EBITDA Margin: 13.5%
Op. Margin: 7.7%
Net Margin: 6.8%

Op. margin of 7.7% is down 7.9% YoY — costs are rising relative to revenue. Net margin at 6.8% Over the past year, operating margin is down 50% — a weakening trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 27.3x
P/S Ratio: 3.0x
P/B Ratio: 3.0x

At 27.3x P/E, the stock trades within typical market levels. P/S of 3.0x and P/B of 3.0x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Across the last 8 quarters, P/E has fallen for 2 consecutive quarters — an improving trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $98.25B
Cash: $697.00M
Long-Term Debt: $19.11B
Book Value: $31.98B
D/E Ratio: 0.6
Debt/EBITDA: 18.8

With $98.25B in assets and $19.11B in long-term debt, D/E is 0.6and book value is $31.98B — a conservative capital structure with a cushion to weather downturns. Across the last 8 quarters, debt/equity has risen for 2 consecutive quarters — a weakening trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $1.13B
TTM Free Cash Flow: $309.00M
FCF Margin: 1.0%
FCF / Net Income: 0.1

TTM FCF of $309.00M on $1.13B in operating cash flow. The FCF / Net Income ratio of 0.1x means cash covers only part of net income — earnings quality needs attention. Across the last 8 quarters, free cash flow has fallen for 2 consecutive quarters — a weakening trend.