Constellation Energy share price today
Constellation Energy Corporation · CEG · Utilities · Utilities - Independent Power Producers · price as of the 4 November 2026 close, updated every trading day · results updated weekly · All US stock lists
Constellation Energy share price: $245.71 at the close on 4 November 2026, −31.4% in a year.
Constellation Energy Corporation's P/E is near the low end of its own history, higher than only 20% of past readings, and its quarterly results are still getting worse.
The main question: the P/E is near the low end of its own history, higher than only 20% of past readings, but results are getting worse. A low multiple can stay low until the quarters turn.
The price has been falling for 4 weeks, and the P/E is lower than 80% of its own last 3.3 years. Over the last four quarters, results have been deteriorating, with profit −38.9% on a year earlier, and −46% of the last 3 years' profit came in as cash. What will decide it: whether results start to improve.
What is the Constellation Energy share price today?
Constellation Energy Corporation's share price was $245.71 at the close on 4 November 2026. It has been falling for 4 weeks. That is 12.0% below its average price over the last 200 trading days. In the last 52 weeks it traded between $239 and $366, and at that close it sat 5% of the way up from that low.
A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Constellation Energy Corporation is in stage 4. The phase helps read everything below.
Over the past 13 weeks it has done worse than the S&P 500, and it has been behind for 3 weeks running.
1Y
Nov 2026: $245.71, 12.0% below its 200-day average. The price has been falling for 4 weeks.
- Price $245.71
- 50-day avg $271.47
- 200-day avg $279.15
| Week | Price | 50-day avg | 200-day avg |
|---|---|---|---|
| 31 Oct 2025 | $377.00 | $345.64 | $296.76 |
| 7 Nov 2025 | $358.39 | $350.45 | $297.66 |
| 14 Nov 2025 | $338.52 | $354.58 | $298.86 |
| 21 Nov 2025 | $338.11 | $357.75 | $299.76 |
| 28 Nov 2025 | $364.36 | $360.39 | $300.61 |
| 5 Dec 2025 | $359.82 | $363.03 | $301.75 |
| 12 Dec 2025 | $351.98 | $365.16 | $304.11 |
| 19 Dec 2025 | $355.40 | $364.04 | $307.26 |
| 26 Dec 2025 | $360.46 | $362.05 | $310.28 |
| 2 Jan 2026 | $366.25 | $360.51 | $313.18 |
| 9 Jan 2026 | $342.52 | $357.15 | $316.17 |
| 16 Jan 2026 | $307.71 | $352.10 | $319.21 |
| 23 Jan 2026 | $289.06 | $346.74 | $321.26 |
| 30 Jan 2026 | $280.68 | $340.97 | $323.31 |
| 6 Feb 2026 | $261.42 | $332.24 | $324.74 |
| 13 Feb 2026 | $288.43 | $323.98 | $326.15 |
| 20 Feb 2026 | $294.84 | $318.70 | $327.27 |
| 27 Feb 2026 | $329.88 | $314.24 | $328.36 |
| 6 Mar 2026 | $319.06 | $311.14 | $329.24 |
| 13 Mar 2026 | $301.77 | $306.00 | $329.57 |
| 20 Mar 2026 | $281.99 | $301.23 | $329.50 |
| 27 Mar 2026 | $301.49 | $297.62 | $329.53 |
| 2 Apr 2026 | $272.82 | $295.45 | $329.19 |
| 10 Apr 2026 | $286.50 | $294.66 | $328.42 |
| 17 Apr 2026 | $296.21 | $297.07 | $327.87 |
| 24 Apr 2026 | $313.53 | $299.67 | $327.33 |
| 1 May 2026 | $307.81 | $301.38 | $327.09 |
| 8 May 2026 | $303.63 | $301.95 | $327.04 |
| 15 May 2026 | $267.20 | $297.42 | $325.82 |
| 22 May 2026 | $294.07 | $293.87 | $324.11 |
| 29 May 2026 | $287.75 | $292.51 | $323.23 |
| 5 Jun 2026 | $254.83 | $289.29 | $321.77 |
| 12 Jun 2026 | $253.76 | $285.11 | $320.17 |
| 18 Jun 2026 | $274.06 | $284.44 | $319.28 |
| 26 Jun 2026 | $264.02 | $282.38 | $318.42 |
| 2 Jul 2026 | $239.25 | $278.83 | $316.88 |
| 10 Jul 2026 | $251.38 | $273.19 | $314.81 |
| 17 Jul 2026 | $252.39 | $267.53 | $312.86 |
| 24 Jul 2026 | $274.35 | $263.72 | $310.75 |
| 31 Jul 2026 | $262.75 | $263.20 | $308.01 |
| 7 Aug 2026 | $269.89 | $260.92 | $304.96 |
| 14 Aug 2026 | $282.50 | $261.10 | $302.63 |
| 21 Aug 2026 | $272.88 | $263.12 | $299.84 |
| 28 Aug 2026 | $276.75 | $264.97 | $297.81 |
| 4 Sep 2026 | $298.96 | $266.42 | $296.36 |
| 11 Sep 2026 | $284.75 | $269.53 | $295.28 |
| 18 Sep 2026 | $254.71 | $271.16 | $292.84 |
| 25 Sep 2026 | $263.27 | $271.94 | $290.36 |
| 2 Oct 2026 | $257.49 | $271.47 | $287.79 |
| 9 Oct 2026 | $298.07 | $273.98 | $286.14 |
| 16 Oct 2026 | $271.37 | $275.69 | $284.21 |
| 23 Oct 2026 | $253.45 | $274.20 | $281.88 |
| 30 Oct 2026 | $262.38 | $272.64 | $280.04 |
| 4 Nov 2026 | $245.71 | $271.47 | $279.15 |
3Y
Nov 2026: $245.71, 12.0% below its 200-day average. The price has been falling for 4 weeks.
- Price $245.71
- 50-day avg $271.47
- 200-day avg $279.15
| Week | Price | 50-day avg | 200-day avg |
|---|---|---|---|
| 3 Nov 2023 | $117.07 | $110.63 | $92.33 |
| 10 Nov 2023 | $121.77 | $112.26 | $93.27 |
| 17 Nov 2023 | $121.69 | $113.79 | $94.21 |
| 24 Nov 2023 | $123.86 | $114.83 | $94.99 |
| 1 Dec 2023 | $119.88 | $116.02 | $95.89 |
| 8 Dec 2023 | $111.21 | $116.43 | $96.71 |
| 15 Dec 2023 | $118.75 | $117.40 | $97.71 |
| 22 Dec 2023 | $115.33 | $117.91 | $98.70 |
| 29 Dec 2023 | $116.89 | $118.02 | $99.49 |
| 5 Jan 2024 | $116.24 | $118.22 | $100.26 |
| 12 Jan 2024 | $112.91 | $118.49 | $101.28 |
| 19 Jan 2024 | $114.45 | $118.01 | $101.99 |
| 26 Jan 2024 | $121.27 | $117.77 | $103.03 |
| 2 Feb 2024 | $129.71 | $117.93 | $104.25 |
| 9 Feb 2024 | $132.17 | $118.62 | $105.60 |
| 16 Feb 2024 | $131.16 | $119.60 | $106.92 |
| 23 Feb 2024 | $133.99 | $121.20 | $108.01 |
| 1 Mar 2024 | $169.99 | $125.47 | $110.01 |
| 8 Mar 2024 | $170.57 | $131.35 | $112.39 |
| 15 Mar 2024 | $165.52 | $136.38 | $114.48 |
| 22 Mar 2024 | $178.24 | $142.15 | $116.64 |
| 28 Mar 2024 | $184.85 | $148.01 | $118.50 |
| 5 Apr 2024 | $193.08 | $155.27 | $120.87 |
| 12 Apr 2024 | $191.67 | $162.25 | $123.39 |
| 19 Apr 2024 | $180.90 | $167.74 | $125.72 |
| 26 Apr 2024 | $188.37 | $173.46 | $128.06 |
| 3 May 2024 | $194.86 | $179.08 | $130.38 |
| 10 May 2024 | $214.93 | $184.57 | $133.14 |
| 17 May 2024 | $213.11 | $188.61 | $136.16 |
| 24 May 2024 | $230.63 | $194.01 | $139.11 |
| 31 May 2024 | $217.25 | $198.25 | $141.46 |
| 7 Jun 2024 | $198.00 | $200.48 | $143.93 |
| 14 Jun 2024 | $214.90 | $203.55 | $146.70 |
| 21 Jun 2024 | $218.13 | $205.72 | $148.94 |
| 28 Jun 2024 | $200.27 | $207.96 | $151.50 |
| 5 Jul 2024 | $211.29 | $209.88 | $153.45 |
| 12 Jul 2024 | $217.14 | $212.85 | $156.11 |
| 19 Jul 2024 | $189.30 | $213.19 | $158.31 |
| 26 Jul 2024 | $175.04 | $209.80 | $160.11 |
| 2 Aug 2024 | $167.08 | $205.51 | $161.62 |
| 9 Aug 2024 | $189.87 | $201.18 | $163.30 |
| 16 Aug 2024 | $189.98 | $198.79 | $165.20 |
| 23 Aug 2024 | $194.99 | $197.16 | $167.11 |
| 30 Aug 2024 | $196.70 | $194.89 | $168.97 |
| 6 Sep 2024 | $173.11 | $191.64 | $170.03 |
| 13 Sep 2024 | $195.98 | $189.68 | $171.59 |
| 20 Sep 2024 | $254.98 | $189.38 | $173.88 |
| 27 Sep 2024 | $257.00 | $194.94 | $177.48 |
| 4 Oct 2024 | $285.52 | $203.72 | $181.32 |
| 11 Oct 2024 | $266.22 | $213.02 | $185.12 |
| 18 Oct 2024 | $270.16 | $222.51 | $189.00 |
| 25 Oct 2024 | $264.41 | $230.34 | $192.77 |
| 1 Nov 2024 | $258.10 | $237.33 | $196.54 |
| 8 Nov 2024 | $239.37 | $241.36 | $199.49 |
| 15 Nov 2024 | $224.28 | $246.17 | $202.13 |
| 22 Nov 2024 | $249.89 | $251.64 | $204.88 |
| 29 Nov 2024 | $256.56 | $255.97 | $207.42 |
| 6 Dec 2024 | $253.63 | $255.48 | $210.43 |
| 13 Dec 2024 | $239.07 | $252.71 | $212.56 |
| 20 Dec 2024 | $227.02 | $248.38 | $213.90 |
| 27 Dec 2024 | $226.54 | $244.97 | $215.09 |
| 3 Jan 2025 | $252.40 | $242.25 | $216.46 |
| 10 Jan 2025 | $305.19 | $242.39 | $218.23 |
| 17 Jan 2025 | $316.36 | $246.92 | $221.09 |
| 24 Jan 2025 | $347.44 | $254.92 | $224.04 |
| 31 Jan 2025 | $299.98 | $261.17 | $226.57 |
| 7 Feb 2025 | $309.79 | $268.09 | $229.71 |
| 14 Feb 2025 | $317.30 | $274.15 | $232.90 |
| 21 Feb 2025 | $284.44 | $278.74 | $235.35 |
| 28 Feb 2025 | $250.54 | $281.06 | $236.68 |
| 7 Mar 2025 | $212.54 | $280.30 | $236.82 |
| 14 Mar 2025 | $216.46 | $278.55 | $236.54 |
| 21 Mar 2025 | $222.48 | $275.57 | $236.47 |
| 28 Mar 2025 | $205.39 | $268.95 | $236.77 |
| 4 Apr 2025 | $170.96 | $255.96 | $236.27 |
| 11 Apr 2025 | $208.25 | $245.78 | $235.74 |
| 17 Apr 2025 | $206.68 | $237.77 | $235.77 |
| 25 Apr 2025 | $222.99 | $227.24 | $235.70 |
| 2 May 2025 | $247.26 | $218.79 | $236.15 |
| 9 May 2025 | $271.37 | $218.70 | $238.10 |
| 16 May 2025 | $291.12 | $224.48 | $240.99 |
| 23 May 2025 | $297.49 | $232.76 | $243.87 |
| 30 May 2025 | $306.15 | $240.02 | $246.29 |
| 6 Jun 2025 | $298.80 | $248.02 | $249.12 |
| 13 Jun 2025 | $296.89 | $256.87 | $251.66 |
| 20 Jun 2025 | $304.92 | $266.86 | $253.88 |
| 27 Jun 2025 | $320.17 | $277.86 | $257.45 |
| 3 Jul 2025 | $311.88 | $286.76 | $259.93 |
| 11 Jul 2025 | $321.54 | $296.38 | $262.52 |
| 18 Jul 2025 | $321.42 | $303.35 | $263.99 |
| 25 Jul 2025 | $327.35 | $307.78 | $265.27 |
| 1 Aug 2025 | $340.77 | $312.64 | $266.99 |
| 8 Aug 2025 | $335.76 | $316.96 | $268.74 |
| 15 Aug 2025 | $322.23 | $319.17 | $270.30 |
| 22 Aug 2025 | $310.16 | $321.28 | $271.61 |
| 29 Aug 2025 | $307.98 | $322.34 | $273.58 |
| 5 Sep 2025 | $301.58 | $321.75 | $275.13 |
| 12 Sep 2025 | $323.48 | $321.37 | $277.05 |
| 19 Sep 2025 | $330.90 | $322.46 | $278.81 |
| 26 Sep 2025 | $331.26 | $324.44 | $280.91 |
| 3 Oct 2025 | $360.00 | $327.02 | $283.63 |
| 10 Oct 2025 | $368.49 | $330.33 | $287.10 |
| 17 Oct 2025 | $386.50 | $335.20 | $291.19 |
| 24 Oct 2025 | $389.19 | $338.68 | $294.17 |
| 31 Oct 2025 | $377.00 | $345.64 | $296.76 |
| 7 Nov 2025 | $358.39 | $350.45 | $297.66 |
| 14 Nov 2025 | $338.52 | $354.58 | $298.86 |
| 21 Nov 2025 | $338.11 | $357.75 | $299.76 |
| 28 Nov 2025 | $364.36 | $360.39 | $300.61 |
| 5 Dec 2025 | $359.82 | $363.03 | $301.75 |
| 12 Dec 2025 | $351.98 | $365.16 | $304.11 |
| 19 Dec 2025 | $355.40 | $364.04 | $307.26 |
| 26 Dec 2025 | $360.46 | $362.05 | $310.28 |
| 2 Jan 2026 | $366.25 | $360.51 | $313.18 |
| 9 Jan 2026 | $342.52 | $357.15 | $316.17 |
| 16 Jan 2026 | $307.71 | $352.10 | $319.21 |
| 23 Jan 2026 | $289.06 | $346.74 | $321.26 |
| 30 Jan 2026 | $280.68 | $340.97 | $323.31 |
| 6 Feb 2026 | $261.42 | $332.24 | $324.74 |
| 13 Feb 2026 | $288.43 | $323.98 | $326.15 |
| 20 Feb 2026 | $294.84 | $318.70 | $327.27 |
| 27 Feb 2026 | $329.88 | $314.24 | $328.36 |
| 6 Mar 2026 | $319.06 | $311.14 | $329.24 |
| 13 Mar 2026 | $301.77 | $306.00 | $329.57 |
| 20 Mar 2026 | $281.99 | $301.23 | $329.50 |
| 27 Mar 2026 | $301.49 | $297.62 | $329.53 |
| 2 Apr 2026 | $272.82 | $295.45 | $329.19 |
| 10 Apr 2026 | $286.50 | $294.66 | $328.42 |
| 17 Apr 2026 | $296.21 | $297.07 | $327.87 |
| 24 Apr 2026 | $313.53 | $299.67 | $327.33 |
| 1 May 2026 | $307.81 | $301.38 | $327.09 |
| 8 May 2026 | $303.63 | $301.95 | $327.04 |
| 15 May 2026 | $267.20 | $297.42 | $325.82 |
| 22 May 2026 | $294.07 | $293.87 | $324.11 |
| 29 May 2026 | $287.75 | $292.51 | $323.23 |
| 5 Jun 2026 | $254.83 | $289.29 | $321.77 |
| 12 Jun 2026 | $253.76 | $285.11 | $320.17 |
| 18 Jun 2026 | $274.06 | $284.44 | $319.28 |
| 26 Jun 2026 | $264.02 | $282.38 | $318.42 |
| 2 Jul 2026 | $239.25 | $278.83 | $316.88 |
| 10 Jul 2026 | $251.38 | $273.19 | $314.81 |
| 17 Jul 2026 | $252.39 | $267.53 | $312.86 |
| 24 Jul 2026 | $274.35 | $263.72 | $310.75 |
| 31 Jul 2026 | $262.75 | $263.20 | $308.01 |
| 7 Aug 2026 | $269.89 | $260.92 | $304.96 |
| 14 Aug 2026 | $282.50 | $261.10 | $302.63 |
| 21 Aug 2026 | $272.88 | $263.12 | $299.84 |
| 28 Aug 2026 | $276.75 | $264.97 | $297.81 |
| 4 Sep 2026 | $298.96 | $266.42 | $296.36 |
| 11 Sep 2026 | $284.75 | $269.53 | $295.28 |
| 18 Sep 2026 | $254.71 | $271.16 | $292.84 |
| 25 Sep 2026 | $263.27 | $271.94 | $290.36 |
| 2 Oct 2026 | $257.49 | $271.47 | $287.79 |
| 9 Oct 2026 | $298.07 | $273.98 | $286.14 |
| 16 Oct 2026 | $271.37 | $275.69 | $284.21 |
| 23 Oct 2026 | $253.45 | $274.20 | $281.88 |
| 30 Oct 2026 | $262.38 | $272.64 | $280.04 |
| 4 Nov 2026 | $245.71 | $271.47 | $279.15 |
5Y
Nov 2026: $245.71, 12.0% below its 200-day average. The price has been falling for 4 weeks.
- Price $245.71
- 50-day avg $271.47
- 200-day avg $279.15
| Week | Price | 50-day avg | 200-day avg |
|---|---|---|---|
| 21 Jan 2022 | $45.00 | – | – |
| 4 Feb 2022 | $50.14 | – | – |
| 18 Feb 2022 | $45.41 | – | – |
| 4 Mar 2022 | $51.00 | – | – |
| 18 Mar 2022 | $49.01 | – | – |
| 1 Apr 2022 | $58.02 | $49.18 | – |
| 14 Apr 2022 | $62.55 | $51.88 | – |
| 29 Apr 2022 | $59.21 | $54.73 | – |
| 13 May 2022 | $54.61 | $57.16 | – |
| 27 May 2022 | $66.60 | $58.70 | – |
| 10 Jun 2022 | $59.79 | $60.62 | – |
| 24 Jun 2022 | $59.28 | $60.29 | – |
| 8 Jul 2022 | $59.65 | $59.30 | – |
| 22 Jul 2022 | $54.00 | $58.68 | – |
| 5 Aug 2022 | $74.30 | $60.10 | – |
| 19 Aug 2022 | $80.84 | $63.16 | – |
| 2 Sep 2022 | $81.07 | $67.67 | – |
| 16 Sep 2022 | $85.57 | $72.75 | – |
| 30 Sep 2022 | $83.19 | $78.38 | – |
| 14 Oct 2022 | $81.26 | $83.04 | – |
| 28 Oct 2022 | $93.75 | $84.91 | – |
| 11 Nov 2022 | $92.31 | $87.28 | $66.43 |
| 25 Nov 2022 | $97.16 | $88.82 | $68.46 |
| 9 Dec 2022 | $89.72 | $90.26 | $70.79 |
| 23 Dec 2022 | $88.04 | $91.04 | $72.77 |
| 6 Jan 2023 | $83.50 | $90.88 | $74.15 |
| 20 Jan 2023 | $83.00 | $89.06 | $75.39 |
| 3 Feb 2023 | $83.20 | $87.61 | $76.51 |
| 17 Feb 2023 | $84.55 | $85.82 | $77.72 |
| 3 Mar 2023 | $78.98 | $83.58 | $78.62 |
| 17 Mar 2023 | $76.77 | $81.85 | $79.54 |
| 31 Mar 2023 | $78.50 | $80.33 | $80.22 |
| 14 Apr 2023 | $76.43 | $78.96 | $81.03 |
| 28 Apr 2023 | $77.40 | $77.15 | $81.93 |
| 12 May 2023 | $79.85 | $77.03 | $83.09 |
| 26 May 2023 | $83.85 | $77.83 | $83.70 |
| 9 Jun 2023 | $93.29 | $80.22 | $84.06 |
| 23 Jun 2023 | $90.36 | $82.95 | $84.55 |
| 7 Jul 2023 | $91.33 | $85.66 | $84.75 |
| 21 Jul 2023 | $96.60 | $89.22 | $85.28 |
| 4 Aug 2023 | $103.94 | $92.56 | $85.92 |
| 18 Aug 2023 | $104.77 | $96.40 | $86.74 |
| 1 Sep 2023 | $107.29 | $99.13 | $87.41 |
| 15 Sep 2023 | $109.93 | $102.34 | $88.08 |
| 29 Sep 2023 | $109.08 | $105.40 | $88.98 |
| 13 Oct 2023 | $113.69 | $108.08 | $90.05 |
| 27 Oct 2023 | $110.78 | $109.78 | $91.53 |
| 10 Nov 2023 | $121.77 | $112.26 | $93.27 |
| 24 Nov 2023 | $123.86 | $114.83 | $94.99 |
| 8 Dec 2023 | $111.21 | $116.43 | $96.71 |
| 22 Dec 2023 | $115.33 | $117.91 | $98.70 |
| 5 Jan 2024 | $116.24 | $118.22 | $100.26 |
| 19 Jan 2024 | $114.45 | $118.01 | $101.99 |
| 2 Feb 2024 | $129.71 | $117.93 | $104.25 |
| 16 Feb 2024 | $131.16 | $119.60 | $106.92 |
| 1 Mar 2024 | $169.99 | $125.47 | $110.01 |
| 15 Mar 2024 | $165.52 | $136.38 | $114.48 |
| 28 Mar 2024 | $184.85 | $148.01 | $118.50 |
| 12 Apr 2024 | $191.67 | $162.25 | $123.39 |
| 26 Apr 2024 | $188.37 | $173.46 | $128.06 |
| 10 May 2024 | $214.93 | $184.57 | $133.14 |
| 24 May 2024 | $230.63 | $194.01 | $139.11 |
| 7 Jun 2024 | $198.00 | $200.48 | $143.93 |
| 21 Jun 2024 | $218.13 | $205.72 | $148.94 |
| 5 Jul 2024 | $211.29 | $209.88 | $153.45 |
| 19 Jul 2024 | $189.30 | $213.19 | $158.31 |
| 2 Aug 2024 | $167.08 | $205.51 | $161.62 |
| 16 Aug 2024 | $189.98 | $198.79 | $165.20 |
| 30 Aug 2024 | $196.70 | $194.89 | $168.97 |
| 13 Sep 2024 | $195.98 | $189.68 | $171.59 |
| 27 Sep 2024 | $257.00 | $194.94 | $177.48 |
| 11 Oct 2024 | $266.22 | $213.02 | $185.12 |
| 25 Oct 2024 | $264.41 | $230.34 | $192.77 |
| 8 Nov 2024 | $239.37 | $241.36 | $199.49 |
| 22 Nov 2024 | $249.89 | $251.64 | $204.88 |
| 6 Dec 2024 | $253.63 | $255.48 | $210.43 |
| 20 Dec 2024 | $227.02 | $248.38 | $213.90 |
| 3 Jan 2025 | $252.40 | $242.25 | $216.46 |
| 17 Jan 2025 | $316.36 | $246.92 | $221.09 |
| 31 Jan 2025 | $299.98 | $261.17 | $226.57 |
| 14 Feb 2025 | $317.30 | $274.15 | $232.90 |
| 28 Feb 2025 | $250.54 | $281.06 | $236.68 |
| 14 Mar 2025 | $216.46 | $278.55 | $236.54 |
| 28 Mar 2025 | $205.39 | $268.95 | $236.77 |
| 11 Apr 2025 | $208.25 | $245.78 | $235.74 |
| 25 Apr 2025 | $222.99 | $227.24 | $235.70 |
| 9 May 2025 | $271.37 | $218.70 | $238.10 |
| 23 May 2025 | $297.49 | $232.76 | $243.87 |
| 6 Jun 2025 | $298.80 | $248.02 | $249.12 |
| 20 Jun 2025 | $304.92 | $266.86 | $253.88 |
| 3 Jul 2025 | $311.88 | $286.76 | $259.93 |
| 18 Jul 2025 | $321.42 | $303.35 | $263.99 |
| 1 Aug 2025 | $340.77 | $312.64 | $266.99 |
| 15 Aug 2025 | $322.23 | $319.17 | $270.30 |
| 29 Aug 2025 | $307.98 | $322.34 | $273.58 |
| 12 Sep 2025 | $323.48 | $321.37 | $277.05 |
| 26 Sep 2025 | $331.26 | $324.44 | $280.91 |
| 10 Oct 2025 | $368.49 | $330.33 | $287.10 |
| 24 Oct 2025 | $389.19 | $338.68 | $294.17 |
| 7 Nov 2025 | $358.39 | $350.45 | $297.66 |
| 21 Nov 2025 | $338.11 | $357.75 | $299.76 |
| 5 Dec 2025 | $359.82 | $363.03 | $301.75 |
| 19 Dec 2025 | $355.40 | $364.04 | $307.26 |
| 2 Jan 2026 | $366.25 | $360.51 | $313.18 |
| 16 Jan 2026 | $307.71 | $352.10 | $319.21 |
| 30 Jan 2026 | $280.68 | $340.97 | $323.31 |
| 13 Feb 2026 | $288.43 | $323.98 | $326.15 |
| 27 Feb 2026 | $329.88 | $314.24 | $328.36 |
| 13 Mar 2026 | $301.77 | $306.00 | $329.57 |
| 27 Mar 2026 | $301.49 | $297.62 | $329.53 |
| 10 Apr 2026 | $286.50 | $294.66 | $328.42 |
| 24 Apr 2026 | $313.53 | $299.67 | $327.33 |
| 8 May 2026 | $303.63 | $301.95 | $327.04 |
| 22 May 2026 | $294.07 | $293.87 | $324.11 |
| 5 Jun 2026 | $254.83 | $289.29 | $321.77 |
| 18 Jun 2026 | $274.06 | $284.44 | $319.28 |
| 2 Jul 2026 | $239.25 | $278.83 | $316.88 |
| 17 Jul 2026 | $252.39 | $267.53 | $312.86 |
| 31 Jul 2026 | $262.75 | $263.20 | $308.01 |
| 14 Aug 2026 | $282.50 | $261.10 | $302.63 |
| 28 Aug 2026 | $276.75 | $264.97 | $297.81 |
| 11 Sep 2026 | $284.75 | $269.53 | $295.28 |
| 25 Sep 2026 | $263.27 | $271.94 | $290.36 |
| 9 Oct 2026 | $298.07 | $273.98 | $286.14 |
| 23 Oct 2026 | $253.45 | $274.20 | $281.88 |
| 4 Nov 2026 | $245.71 | $271.47 | $279.15 |
Price stage: Rising from Oct 2025 to Jan 2026; Sideways from Jan 2026 to Jul 2026; Falling from Jul 2026 to Nov 2026.
Price stage: Rising from Nov 2023 to Feb 2025; Sideways from Mar 2025 to Apr 2025; Rising from May 2025 to Jan 2026; Sideways from Jan 2026 to Jul 2026; Falling from Jul 2026 to Nov 2026.
Price stage: Rising from Jun 2023 to Feb 2025; Sideways from Mar 2025 to Apr 2025; Rising from May 2025 to Jan 2026; Sideways from Jan 2026 to Jul 2026; Falling from Jul 2026 to Nov 2026.
Week by week since 2022: did it beat the S&P 500 over the past 13 weeks?
Ahead in 139 of 238 weeks
| Week | 13-week return vs S&P 500 |
|---|---|
| 21 Jan 2022 | no S&P 500 reading |
| 28 Jan 2022 | no S&P 500 reading |
| 4 Feb 2022 | no S&P 500 reading |
| 11 Feb 2022 | no S&P 500 reading |
| 18 Feb 2022 | no S&P 500 reading |
| 25 Feb 2022 | no S&P 500 reading |
| 4 Mar 2022 | no S&P 500 reading |
| 11 Mar 2022 | no S&P 500 reading |
| 18 Mar 2022 | no S&P 500 reading |
| 25 Mar 2022 | no S&P 500 reading |
| 1 Apr 2022 | no S&P 500 reading |
| 8 Apr 2022 | no S&P 500 reading |
| 14 Apr 2022 | no S&P 500 reading |
| 22 Apr 2022 | +41.5% |
| 29 Apr 2022 | +33.4% |
| 6 May 2022 | +28.5% |
| 13 May 2022 | +22.4% |
| 20 May 2022 | +35.0% |
| 27 May 2022 | +56.8% |
| 3 Jun 2022 | +32.8% |
| 10 Jun 2022 | +28.4% |
| 17 Jun 2022 | +36.2% |
| 24 Jun 2022 | +24.0% |
| 1 Jul 2022 | +15.1% |
| 8 Jul 2022 | +6.3% |
| 15 Jul 2022 | +1.0% |
| 22 Jul 2022 | −6.2% |
| 29 Jul 2022 | +11.6% |
| 5 Aug 2022 | +22.8% |
| 12 Aug 2022 | +42.9% |
| 19 Aug 2022 | +34.4% |
| 26 Aug 2022 | +23.8% |
| 2 Sep 2022 | +28.9% |
| 9 Sep 2022 | +42.1% |
| 16 Sep 2022 | +41.9% |
| 23 Sep 2022 | +47.1% |
| 30 Sep 2022 | +50.7% |
| 7 Oct 2022 | +48.1% |
| 14 Oct 2022 | +53.1% |
| 21 Oct 2022 | +66.9% |
| 28 Oct 2022 | +47.4% |
| 4 Nov 2022 | +35.9% |
| 11 Nov 2022 | +20.0% |
| 18 Nov 2022 | +21.6% |
| 25 Nov 2022 | +20.9% |
| 2 Dec 2022 | +9.8% |
| 9 Dec 2022 | +5.8% |
| 16 Dec 2022 | +3.7% |
| 23 Dec 2022 | +0.9% |
| 30 Dec 2022 | −3.4% |
| 6 Jan 2023 | −8.0% |
| 13 Jan 2023 | −6.6% |
| 20 Jan 2023 | −10.7% |
| 27 Jan 2023 | −11.9% |
| 3 Feb 2023 | −21.4% |
| 10 Feb 2023 | −8.3% |
| 17 Feb 2023 | −12.2% |
| 24 Feb 2023 | −16.9% |
| 3 Mar 2023 | −13.5% |
| 10 Mar 2023 | −11.7% |
| 17 Mar 2023 | −14.7% |
| 24 Mar 2023 | −19.9% |
| 31 Mar 2023 | −16.0% |
| 6 Apr 2023 | −13.3% |
| 14 Apr 2023 | −13.8% |
| 21 Apr 2023 | −11.9% |
| 28 Apr 2023 | −13.1% |
| 5 May 2023 | −4.5% |
| 12 May 2023 | −8.9% |
| 19 May 2023 | −5.5% |
| 26 May 2023 | −0.2% |
| 2 Jun 2023 | +5.0% |
| 9 Jun 2023 | +8.9% |
| 16 Jun 2023 | +8.3% |
| 23 Jun 2023 | +13.6% |
| 30 Jun 2023 | +8.3% |
| 7 Jul 2023 | +11.5% |
| 14 Jul 2023 | +15.4% |
| 21 Jul 2023 | +16.5% |
| 28 Jul 2023 | +13.8% |
| 4 Aug 2023 | +22.5% |
| 11 Aug 2023 | +25.2% |
| 18 Aug 2023 | +23.0% |
| 25 Aug 2023 | +21.5% |
| 1 Sep 2023 | +17.1% |
| 8 Sep 2023 | +12.8% |
| 15 Sep 2023 | +17.5% |
| 22 Sep 2023 | +22.8% |
| 29 Sep 2023 | +22.7% |
| 6 Oct 2023 | +22.7% |
| 13 Oct 2023 | +23.6% |
| 20 Oct 2023 | +22.9% |
| 27 Oct 2023 | +25.8% |
| 3 Nov 2023 | +15.3% |
| 10 Nov 2023 | +15.4% |
| 17 Nov 2023 | +12.9% |
| 24 Nov 2023 | +13.5% |
| 1 Dec 2023 | +10.0% |
| 8 Dec 2023 | −0.9% |
| 15 Dec 2023 | +2.2% |
| 22 Dec 2023 | −5.5% |
| 29 Dec 2023 | −4.0% |
| 5 Jan 2024 | −3.4% |
| 12 Jan 2024 | −11.2% |
| 19 Jan 2024 | −12.4% |
| 26 Jan 2024 | −9.2% |
| 2 Feb 2024 | −2.9% |
| 9 Feb 2024 | −5.2% |
| 16 Feb 2024 | −3.0% |
| 23 Feb 2024 | −3.4% |
| 1 Mar 2024 | +30.1% |
| 8 Mar 2024 | +42.2% |
| 15 Mar 2024 | +30.8% |
| 22 Mar 2024 | +44.5% |
| 28 Mar 2024 | +48.1% |
| 5 Apr 2024 | +55.3% |
| 12 Apr 2024 | +62.6% |
| 19 Apr 2024 | +55.4% |
| 26 Apr 2024 | +51.1% |
| 3 May 2024 | +46.8% |
| 10 May 2024 | +58.7% |
| 17 May 2024 | +56.5% |
| 24 May 2024 | +67.9% |
| 31 May 2024 | +25.0% |
| 7 Jun 2024 | +11.7% |
| 14 Jun 2024 | +23.4% |
| 21 Jun 2024 | +17.9% |
| 28 Jun 2024 | +4.3% |
| 5 Jul 2024 | +2.4% |
| 12 Jul 2024 | +3.7% |
| 19 Jul 2024 | −6.2% |
| 26 Jul 2024 | −14.2% |
| 2 Aug 2024 | −18.5% |
| 9 Aug 2024 | −14.0% |
| 16 Aug 2024 | −15.5% |
| 23 Aug 2024 | −21.6% |
| 30 Aug 2024 | −16.3% |
| 6 Sep 2024 | −13.8% |
| 13 Sep 2024 | −12.3% |
| 20 Sep 2024 | +12.5% |
| 27 Sep 2024 | +23.3% |
| 4 Oct 2024 | +31.8% |
| 11 Oct 2024 | +19.1% |
| 18 Oct 2024 | +36.2% |
| 25 Oct 2024 | +44.7% |
| 1 Nov 2024 | +47.3% |
| 8 Nov 2024 | +13.8% |
| 15 Nov 2024 | +12.4% |
| 22 Nov 2024 | +22.2% |
| 29 Nov 2024 | +23.5% |
| 6 Dec 2024 | +34.0% |
| 13 Dec 2024 | +14.5% |
| 20 Dec 2024 | −15.0% |
| 27 Dec 2024 | −16.0% |
| 3 Jan 2025 | −14.9% |
| 10 Jan 2025 | +14.5% |
| 17 Jan 2025 | +14.9% |
| 24 Jan 2025 | +26.4% |
| 31 Jan 2025 | +10.8% |
| 7 Feb 2025 | +29.0% |
| 14 Feb 2025 | +37.4% |
| 21 Feb 2025 | +13.1% |
| 28 Feb 2025 | −1.0% |
| 7 Mar 2025 | −11.0% |
| 14 Mar 2025 | −2.6% |
| 21 Mar 2025 | +2.6% |
| 28 Mar 2025 | −2.7% |
| 4 Apr 2025 | −17.6% |
| 11 Apr 2025 | −23.7% |
| 17 Apr 2025 | −22.8% |
| 25 Apr 2025 | −26.4% |
| 2 May 2025 | −11.7% |
| 9 May 2025 | −6.3% |
| 16 May 2025 | −5.7% |
| 23 May 2025 | +8.1% |
| 30 May 2025 | +23.0% |
| 6 Jun 2025 | +36.6% |
| 13 Jun 2025 | +31.1% |
| 20 Jun 2025 | +31.7% |
| 27 Jun 2025 | +45.2% |
| 3 Jul 2025 | +58.7% |
| 11 Jul 2025 | +37.6% |
| 18 Jul 2025 | +36.3% |
| 25 Jul 2025 | +31.1% |
| 1 Aug 2025 | +28.1% |
| 8 Aug 2025 | +10.8% |
| 15 Aug 2025 | +2.4% |
| 22 Aug 2025 | −7.2% |
| 29 Aug 2025 | −8.8% |
| 5 Sep 2025 | −7.1% |
| 12 Sep 2025 | −1.2% |
| 19 Sep 2025 | −3.2% |
| 26 Sep 2025 | −4.2% |
| 3 Oct 2025 | +8.4% |
| 10 Oct 2025 | +9.9% |
| 17 Oct 2025 | +14.4% |
| 24 Oct 2025 | +12.6% |
| 31 Oct 2025 | +0.9% |
| 7 Nov 2025 | +1.4% |
| 14 Nov 2025 | +0.6% |
| 21 Nov 2025 | +6.9% |
| 28 Nov 2025 | +12.4% |
| 5 Dec 2025 | +13.4% |
| 12 Dec 2025 | +5.1% |
| 19 Dec 2025 | +4.9% |
| 26 Dec 2025 | +4.5% |
| 2 Jan 2026 | −0.3% |
| 9 Jan 2026 | −13.3% |
| 16 Jan 2026 | −24.5% |
| 23 Jan 2026 | −27.5% |
| 30 Jan 2026 | −27.0% |
| 6 Feb 2026 | −30.0% |
| 13 Feb 2026 | −16.3% |
| 20 Feb 2026 | −17.4% |
| 27 Feb 2026 | −9.8% |
| 6 Mar 2026 | −9.4% |
| 13 Mar 2026 | −11.4% |
| 20 Mar 2026 | −16.0% |
| 27 Mar 2026 | −8.2% |
| 2 Apr 2026 | −21.5% |
| 10 Apr 2026 | −14.3% |
| 17 Apr 2026 | −6.4% |
| 24 Apr 2026 | +4.9% |
| 1 May 2026 | +5.5% |
| 8 May 2026 | +9.3% |
| 15 May 2026 | −15.8% |
| 22 May 2026 | −8.4% |
| 29 May 2026 | −23.0% |
| 5 Jun 2026 | −29.8% |
| 12 Jun 2026 | −27.9% |
| 18 Jun 2026 | −17.9% |
| 26 Jun 2026 | −27.4% |
| 2 Jul 2026 | −25.9% |
| 10 Jul 2026 | −23.4% |
| 17 Jul 2026 | −19.5% |
| 24 Jul 2026 | −16.0% |
| 31 Jul 2026 | −18.3% |
| 7 Aug 2026 | −15.9% |
| 14 Aug 2026 | +0.7% |
| 21 Aug 2026 | −9.9% |
| 28 Aug 2026 | −5.5% |
| 4 Sep 2026 | +12.9% |
| 11 Sep 2026 | +9.2% |
| 18 Sep 2026 | −9.1% |
| 25 Sep 2026 | −6.1% |
| 2 Oct 2026 | +4.3% |
| 9 Oct 2026 | +15.4% |
| 16 Oct 2026 | +4.8% |
| 23 Oct 2026 | −10.5% |
| 30 Oct 2026 | −1.3% |
| 4 Nov 2026 | −8.1% |
Over the last 4.8 years the share price moved +446% while the S&P 500 moved +75%, so it is ahead of the index over that whole period. It was last ahead over 13 weeks in the week of 16 October 2026. The chart above shows the 13-week comparison for every week.
This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.
What dividend does Constellation Energy pay?
Constellation Energy Corporation paid $1.63 per share over the last four reported quarters. The most recent declaration was $0.43 for Jun 2026. At today's price of $245.71 that is a yield of 0.66%, based on dividends already paid, not a forecast.
A dividend is cash paid out for each share. The 12-month total is the four most recent quarters added together.
Dividend per share each quarter: latest $0.43 (Jun 2026)
- Dividend per share $0.43
| Quarter | Dividend per share |
|---|---|
| Sep 2023 | $0.28 |
| Dec 2023 | $0.28 |
| Mar 2024 | $0.35 |
| Jun 2024 | $0.35 |
| Sep 2024 | $0.35 |
| Dec 2024 | $0.35 |
| Mar 2025 | $0.39 |
| Jun 2025 | $0.39 |
| Sep 2025 | $0.39 |
| Dec 2025 | $0.39 |
| Mar 2026 | $0.43 |
| Jun 2026 | $0.43 |
Which stock lists is Constellation Energy on?
Constellation Energy is on 2 of our US lists: Nasdaq 100 companies and S&P 500 companies.
Is Constellation Energy profitable?
Constellation Energy Corporation earned $513 M of net profit in the Jun 2026 quarter, −38.9% on the same quarter a year earlier. Full-year FY25 profit was $2.3 B. That is 6.8% of the quarter's revenue. The same quarter a year earlier earned $839 M. 1 of the last 12 reported quarters were loss-making.
Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.
For the full year, FY25 profit was $2.3 B (−38.1% on the year before).
FY25 profit $2.3 B (−38.1% on the year before)
- Net profit $2.3 B
| Quarter | Net profit |
|---|---|
| FY21 | −$205 M |
| FY22 | −$160 M |
| FY23 | $1.6 B |
| FY24 | $3.7 B |
| FY25 | $2.3 B |
Growth on a year earlier
- Growth on a year earlier −38.1%
| Quarter | Growth on a year earlier |
|---|---|
| FY21 | – |
| FY22 | – |
| FY23 | – |
| FY24 | 131% |
| FY25 | −38.1% |
Jun 2026: $513 M (−38.9% on a year earlier)
- Net profit (quarterly) $513 M
| Quarter | Net profit (quarterly) |
|---|---|
| Sep 2023 | $731 M |
| Dec 2023 | −$37.0 M |
| Mar 2024 | $883 M |
| Jun 2024 | $814 M |
| Sep 2024 | $1.2 B |
| Dec 2024 | $852 M |
| Mar 2025 | $118 M |
| Jun 2025 | $839 M |
| Sep 2025 | $930 M |
| Dec 2025 | $432 M |
| Mar 2026 | $1.6 B |
| Jun 2026 | $513 M |
Growth on a year earlier
- Growth on a year earlier −38.9%
| Quarter | Growth on a year earlier |
|---|---|
| Sep 2023 | – |
| Dec 2023 | −208.8% |
| Mar 2024 | 819.8% |
| Jun 2024 | −2.3% |
| Sep 2024 | 64.2% |
| Dec 2024 | – |
| Mar 2025 | −86.6% |
| Jun 2025 | 3.1% |
| Sep 2025 | −22.5% |
| Dec 2025 | −49.3% |
| Mar 2026 | 1,247.5% |
| Jun 2026 | −38.9% |
Why profit moved: revenue changed +23.0% on a year earlier and the margin moved −6.9 percentage points. Sales did the work while the margin got thinner.
On average over the last four quarters, profit changed +284.2% and revenue +25.0%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra dollar of revenue adds more to profit.
How much revenue does Constellation Energy make, and is it growing?
Constellation Energy Corporation reported $7.5 B of revenue in the Jun 2026 quarter, +23.0% on the same quarter a year earlier. That is the 6th quarter in a row with growth on the year before. Over 4 years it has grown 6.8% a year on average. The last full year, FY25, came in at $25.5 B.
Revenue is everything the company billed its customers in the period.
The last four reported quarters add to $31.3 B.
FY25 revenue was $25.5 B, +8.3% on the year before.
FY25 revenue $25.5 B (+8.3% on the year before), 6.8% a year over 4 years
- Revenue $25.5 B
| Quarter | Revenue |
|---|---|
| FY21 | $19.6 B |
| FY22 | $24.4 B |
| FY23 | $24.9 B |
| FY24 | $23.6 B |
| FY25 | $25.5 B |
Growth on a year earlier
- Growth on a year earlier 8.3%
| Quarter | Growth on a year earlier |
|---|---|
| FY21 | – |
| FY22 | 24.4% |
| FY23 | 2% |
| FY24 | −5.4% |
| FY25 | 8.3% |
Jun 2026: $7.5 B (+23.0% on a year earlier), the 6th quarter in a row of growth
- Revenue (quarterly) $7.5 B
| Quarter | Revenue (quarterly) |
|---|---|
| Sep 2023 | $6.1 B |
| Dec 2023 | $5.8 B |
| Mar 2024 | $6.2 B |
| Jun 2024 | $5.5 B |
| Sep 2024 | $6.5 B |
| Dec 2024 | $5.4 B |
| Mar 2025 | $6.8 B |
| Jun 2025 | $6.1 B |
| Sep 2025 | $6.6 B |
| Dec 2025 | $6.1 B |
| Mar 2026 | $11.1 B |
| Jun 2026 | $7.5 B |
Growth on a year earlier
- Growth on a year earlier 23%
| Quarter | Growth on a year earlier |
|---|---|
| Sep 2023 | 1% |
| Dec 2023 | −21% |
| Mar 2024 | −18.6% |
| Jun 2024 | 0.5% |
| Sep 2024 | 7.2% |
| Dec 2024 | −7.1% |
| Mar 2025 | 10.2% |
| Jun 2025 | 11.4% |
| Sep 2025 | 0.3% |
| Dec 2025 | 12.9% |
| Mar 2026 | 63.8% |
| Jun 2026 | 23% |
Recent pace: the last four quarters grew +25.0% on average, against 6.8% a year over the longer run, so this year is growing faster than its own long-run rate.
Is growth speeding up? Revenue over the last 12 months grew +26.0%, against +15.2% a year over the last 8 quarters (accelerating); profit over the last 12 months grew +15.2%, against +20.4% a year (rolling over).
How much of every $100 of sales does Constellation Energy keep?
Constellation Energy Corporation's operating margin was 8.7% in the Jun 2026 quarter, 6.9 percentage points lower than the same quarter a year ago. Across 5 years it has been between 2.0% and 18.1%. The latest quarter is within that range.
Operating margin is what is left from every $100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.
Why: the operating margin move is clear, but the cost details behind it are not in our data, so we show the move without guessing the reason.
FY25: 11.9%, within a range of 2.0% to 18.1% over 5 years
- Operating margin 11.9%
| Quarter | Operating margin |
|---|---|
| FY21 | 6.2% |
| FY22 | 2% |
| FY23 | 6.6% |
| FY24 | 18.1% |
| FY25 | 11.9% |
Change on the year before (points)
- Change on the year before (points) −6.2 pts
| Quarter | Change on the year before (points) |
|---|---|
| FY21 | – |
| FY22 | −4.2 pts |
| FY23 | +4.6 pts |
| FY24 | +11.5 pts |
| FY25 | −6.2 pts |
Jun 2026: operating margin 8.7% (−6.9 points on a year earlier)
- Operating margin 8.7%
| Quarter | Operating margin |
|---|---|
| Sep 2023 | 17.8% |
| Dec 2023 | −2.4% |
| Mar 2024 | 13.2% |
| Jun 2024 | 20% |
| Sep 2024 | 22.3% |
| Dec 2024 | 16.8% |
| Mar 2025 | 6.7% |
| Jun 2025 | 15.6% |
| Sep 2025 | 16.3% |
| Dec 2025 | 9.6% |
| Mar 2026 | 21.9% |
| Jun 2026 | 8.7% |
Change on a year earlier (points)
- Change on a year earlier (points) −6.9 pts
| Quarter | Change on a year earlier (points) |
|---|---|
| Sep 2023 | +18.3 pts |
| Dec 2023 | −1.2 pts |
| Mar 2024 | +12.6 pts |
| Jun 2024 | +6.8 pts |
| Sep 2024 | +4.5 pts |
| Dec 2024 | +19.2 pts |
| Mar 2025 | −6.5 pts |
| Jun 2025 | −4.4 pts |
| Sep 2025 | −6.0 pts |
| Dec 2025 | −7.2 pts |
| Mar 2026 | +15.2 pts |
| Jun 2026 | −6.9 pts |
Is Constellation Energy's profit turning into cash?
Over the last 3 years Constellation Energy Corporation's operations used more cash than they brought in, so cash conversion was −46%, a gap worth watching. In FY25 it brought in $4.2 B of operating cash against $2.3 B of profit. After $3.0 B of spending on assets, $1.3 B was left over as free cash.
The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.
Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.
FY25: operating cash $4.2 B against profit $2.3 B; −46% of 3 years' profit came in as cash
- Operating cash $4.2 B
- Net profit $2.3 B
- Free cash $1.3 B
| Quarter | Operating cash | Net profit | Free cash |
|---|---|---|---|
| FY21 | −$1.3 B | −$205 M | −$2.7 B |
| FY22 | −$2.4 B | −$160 M | −$4.1 B |
| FY23 | −$5.3 B | $1.6 B | −$9.4 B |
| FY24 | −$2.5 B | $3.7 B | −$5.1 B |
| FY25 | $4.2 B | $2.3 B | $1.3 B |
Jun 2026: operating cash $1.1 B = 220% of the quarter's profit
- Operating cash (quarterly) $1.1 B
| Quarter | Operating cash (quarterly) |
|---|---|
| Sep 2023 | −$993 M |
| Dec 2023 | −$3.2 B |
| Mar 2024 | −$723 M |
| Jun 2024 | −$613 M |
| Sep 2024 | −$112 M |
| Dec 2024 | −$1.0 B |
| Mar 2025 | $107 M |
| Jun 2025 | $1.5 B |
| Sep 2025 | $1.8 B |
| Dec 2025 | $805 M |
| Mar 2026 | $425 M |
| Jun 2026 | $1.1 B |
Operating cash as % of profit
- Operating cash as % of profit 220%
| Quarter | Operating cash as % of profit |
|---|---|
| Sep 2023 | −136% |
| Dec 2023 | – |
| Mar 2024 | −82% |
| Jun 2024 | −75% |
| Sep 2024 | −9% |
| Dec 2024 | −119% |
| Mar 2025 | 91% |
| Jun 2025 | 176% |
| Sep 2025 | 199% |
| Dec 2025 | 186% |
| Mar 2026 | 27% |
| Jun 2026 | 220% |
Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason.
What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building.
Where does Constellation Energy's cash go?
Constellation Energy Corporation does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent $9.7 B on assets over the last 3 years. Averaged over those years that is 12.6% of FY25 revenue a year.
Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.
Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn.
Spending on assets: $9.7 B over the last 3 years.
FY25: capex $3.0 B, steady spending
- Capex $3.0 B
| Quarter | Capex |
|---|---|
| FY21 | $1.4 B |
| FY22 | $1.7 B |
| FY23 | $4.1 B |
| FY24 | $2.6 B |
| FY25 | $3.0 B |
Jun 2026: capex $1.2 B in the quarter
- Capex (quarterly) $1.2 B
| Quarter | Capex (quarterly) |
|---|---|
| Sep 2023 | $400 M |
| Dec 2023 | $2.4 B |
| Mar 2024 | $752 M |
| Jun 2024 | $547 M |
| Sep 2024 | $559 M |
| Dec 2024 | $739 M |
| Mar 2025 | $806 M |
| Jun 2025 | $767 M |
| Sep 2025 | $393 M |
| Dec 2025 | $987 M |
| Mar 2026 | $1.3 B |
| Jun 2026 | $1.2 B |
Free cash
- Free cash −$118 M
| Quarter | Free cash |
|---|---|
| Sep 2023 | −$1.4 B |
| Dec 2023 | −$5.5 B |
| Mar 2024 | −$1.5 B |
| Jun 2024 | −$1.2 B |
| Sep 2024 | −$671 M |
| Dec 2024 | −$1.8 B |
| Mar 2025 | −$699 M |
| Jun 2025 | $710 M |
| Sep 2025 | $1.5 B |
| Dec 2025 | −$182 M |
| Mar 2026 | −$850 M |
| Jun 2026 | −$118 M |
In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.
What is Constellation Energy's P/E ratio, and how does it compare with its own history?
Constellation Energy Corporation's P/E is 23.8×, near the low end of its own history: it has been lower only 20% of the time. Its usual P/E (the middle reading) is 27.6×, over 3.3 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.
P/E is the share price divided by a year's profit per share: how many dollars the market pays for each dollar of yearly profit.
P/E 23.8× against a usual 27.6×: near the low end of its own history: it has been lower only 20% of the time
- P/E 23.9×
- Median 27.6×
| Week | P/E | Median |
|---|---|---|
| 30 Jun 2023 | 38.6× | 27.6× |
| 7 Jul 2023 | 38.5× | 27.6× |
| 14 Jul 2023 | 40.0× | 27.6× |
| 21 Jul 2023 | 40.7× | 27.6× |
| 28 Jul 2023 | 40.4× | 27.6× |
| 4 Aug 2023 | 43.8× | 27.6× |
| 11 Aug 2023 | 44.9× | 27.6× |
| 18 Aug 2023 | 44.2× | 27.6× |
| 25 Aug 2023 | 44.6× | 27.6× |
| 1 Sep 2023 | 45.2× | 27.6× |
| 8 Sep 2023 | 45.8× | 27.6× |
| 15 Sep 2023 | 46.3× | 27.6× |
| 22 Sep 2023 | 46.3× | 27.6× |
| 29 Sep 2023 | 46.0× | 27.6× |
| 6 Oct 2023 | 21.2× | 27.6× |
| 13 Oct 2023 | 21.8× | 27.6× |
| 20 Oct 2023 | 21.5× | 27.6× |
| 27 Oct 2023 | 21.3× | 27.6× |
| 3 Nov 2023 | 22.5× | 27.6× |
| 10 Nov 2023 | 23.4× | 27.6× |
| 17 Nov 2023 | 23.4× | 27.6× |
| 24 Nov 2023 | 23.8× | 27.6× |
| 1 Dec 2023 | 23.0× | 27.6× |
| 8 Dec 2023 | 21.4× | 27.6× |
| 15 Dec 2023 | 22.8× | 27.6× |
| 22 Dec 2023 | 22.1× | 27.6× |
| 29 Dec 2023 | 22.4× | 27.6× |
| 5 Jan 2024 | 23.3× | 27.6× |
| 12 Jan 2024 | 22.6× | 27.6× |
| 19 Jan 2024 | 22.9× | 27.6× |
| 26 Jan 2024 | 24.3× | 27.6× |
| 2 Feb 2024 | 26.0× | 27.6× |
| 9 Feb 2024 | 26.5× | 27.6× |
| 16 Feb 2024 | 26.3× | 27.6× |
| 23 Feb 2024 | 26.8× | 27.6× |
| 1 Mar 2024 | 34.0× | 27.6× |
| 8 Mar 2024 | 34.2× | 27.6× |
| 15 Mar 2024 | 33.1× | 27.6× |
| 22 Mar 2024 | 35.7× | 27.6× |
| 28 Mar 2024 | 37.0× | 27.6× |
| 5 Apr 2024 | 25.8× | 27.6× |
| 12 Apr 2024 | 25.6× | 27.6× |
| 19 Apr 2024 | 24.2× | 27.6× |
| 26 Apr 2024 | 25.2× | 27.6× |
| 3 May 2024 | 26.0× | 27.6× |
| 10 May 2024 | 28.7× | 27.6× |
| 17 May 2024 | 28.5× | 27.6× |
| 24 May 2024 | 30.8× | 27.6× |
| 31 May 2024 | 29.0× | 27.6× |
| 7 Jun 2024 | 26.5× | 27.6× |
| 14 Jun 2024 | 28.7× | 27.6× |
| 21 Jun 2024 | 29.1× | 27.6× |
| 28 Jun 2024 | 26.8× | 27.6× |
| 5 Jul 2024 | 28.2× | 27.6× |
| 12 Jul 2024 | 28.9× | 27.6× |
| 19 Jul 2024 | 25.2× | 27.6× |
| 26 Jul 2024 | 23.3× | 27.6× |
| 2 Aug 2024 | 22.3× | 27.6× |
| 9 Aug 2024 | 25.3× | 27.6× |
| 16 Aug 2024 | 25.3× | 27.6× |
| 23 Aug 2024 | 26.0× | 27.6× |
| 30 Aug 2024 | 26.2× | 27.6× |
| 6 Sep 2024 | 23.1× | 27.6× |
| 13 Sep 2024 | 26.1× | 27.6× |
| 20 Sep 2024 | 34.0× | 27.6× |
| 27 Sep 2024 | 34.3× | 27.6× |
| 4 Oct 2024 | 31.5× | 27.6× |
| 11 Oct 2024 | 29.4× | 27.6× |
| 18 Oct 2024 | 29.8× | 27.6× |
| 25 Oct 2024 | 29.2× | 27.6× |
| 1 Nov 2024 | 28.5× | 27.6× |
| 8 Nov 2024 | 26.4× | 27.6× |
| 15 Nov 2024 | 24.8× | 27.6× |
| 22 Nov 2024 | 27.6× | 27.6× |
| 29 Nov 2024 | 28.3× | 27.6× |
| 6 Dec 2024 | 28.0× | 27.6× |
| 13 Dec 2024 | 26.4× | 27.6× |
| 20 Dec 2024 | 25.1× | 27.6× |
| 27 Dec 2024 | 25.0× | 27.6× |
| 3 Jan 2025 | 21.3× | 27.6× |
| 10 Jan 2025 | 25.7× | 27.6× |
| 17 Jan 2025 | 26.6× | 27.6× |
| 24 Jan 2025 | 29.3× | 27.6× |
| 31 Jan 2025 | 25.3× | 27.6× |
| 7 Feb 2025 | 26.1× | 27.6× |
| 14 Feb 2025 | 26.7× | 27.6× |
| 21 Feb 2025 | 23.9× | 27.6× |
| 28 Feb 2025 | 21.1× | 27.6× |
| 7 Mar 2025 | 17.9× | 27.6× |
| 14 Mar 2025 | 18.2× | 27.6× |
| 21 Mar 2025 | 18.7× | 27.6× |
| 28 Mar 2025 | 17.3× | 27.6× |
| 4 Apr 2025 | 18.0× | 27.6× |
| 11 Apr 2025 | 22.0× | 27.6× |
| 17 Apr 2025 | 21.8× | 27.6× |
| 25 Apr 2025 | 23.5× | 27.6× |
| 2 May 2025 | 26.1× | 27.6× |
| 9 May 2025 | 28.6× | 27.6× |
| 16 May 2025 | 30.7× | 27.6× |
| 23 May 2025 | 31.4× | 27.6× |
| 30 May 2025 | 32.3× | 27.6× |
| 6 Jun 2025 | 31.5× | 27.6× |
| 13 Jun 2025 | 31.3× | 27.6× |
| 20 Jun 2025 | 32.2× | 27.6× |
| 27 Jun 2025 | 33.8× | 27.6× |
| 3 Jul 2025 | 32.6× | 27.6× |
| 11 Jul 2025 | 33.6× | 27.6× |
| 18 Jul 2025 | 33.6× | 27.6× |
| 25 Jul 2025 | 34.2× | 27.6× |
| 1 Aug 2025 | 35.6× | 27.6× |
| 8 Aug 2025 | 35.1× | 27.6× |
| 15 Aug 2025 | 33.7× | 27.6× |
| 22 Aug 2025 | 32.4× | 27.6× |
| 29 Aug 2025 | 32.2× | 27.6× |
| 5 Sep 2025 | 31.5× | 27.6× |
| 12 Sep 2025 | 33.8× | 27.6× |
| 19 Sep 2025 | 34.6× | 27.6× |
| 26 Sep 2025 | 34.6× | 27.6× |
| 3 Oct 2025 | 41.3× | 27.6× |
| 10 Oct 2025 | 42.3× | 27.6× |
| 17 Oct 2025 | 44.3× | 27.6× |
| 24 Oct 2025 | 44.6× | 27.6× |
| 31 Oct 2025 | 43.3× | 27.6× |
| 7 Nov 2025 | 41.1× | 27.6× |
| 14 Nov 2025 | 38.8× | 27.6× |
| 21 Nov 2025 | 38.8× | 27.6× |
| 28 Nov 2025 | 41.8× | 27.6× |
| 5 Dec 2025 | 41.3× | 27.6× |
| 12 Dec 2025 | 40.4× | 27.6× |
| 19 Dec 2025 | 40.8× | 27.6× |
| 26 Dec 2025 | 41.4× | 27.6× |
| 2 Jan 2026 | 46.3× | 27.6× |
| 9 Jan 2026 | 46.3× | 27.6× |
| 16 Jan 2026 | 41.6× | 27.6× |
| 23 Jan 2026 | 39.1× | 27.6× |
| 30 Jan 2026 | 38.0× | 27.6× |
| 6 Feb 2026 | 35.3× | 27.6× |
| 13 Feb 2026 | 39.0× | 27.6× |
| 20 Feb 2026 | 39.9× | 27.6× |
| 27 Feb 2026 | 44.6× | 27.6× |
| 6 Mar 2026 | 43.1× | 27.6× |
| 13 Mar 2026 | 40.8× | 27.6× |
| 20 Mar 2026 | 38.1× | 27.6× |
| 27 Mar 2026 | 40.8× | 27.6× |
| 2 Apr 2026 | 23.7× | 27.6× |
| 10 Apr 2026 | 24.9× | 27.6× |
| 17 Apr 2026 | 25.7× | 27.6× |
| 24 Apr 2026 | 27.2× | 27.6× |
| 1 May 2026 | 26.7× | 27.6× |
| 8 May 2026 | 26.4× | 27.6× |
| 15 May 2026 | 23.2× | 27.6× |
| 22 May 2026 | 25.6× | 27.6× |
| 29 May 2026 | 25.0× | 27.6× |
| 5 Jun 2026 | 22.1× | 27.6× |
| 12 Jun 2026 | 22.1× | 27.6× |
| 18 Jun 2026 | 23.8× | 27.6× |
| 26 Jun 2026 | 22.9× | 27.6× |
| 2 Jul 2026 | 23.3× | 27.6× |
| 10 Jul 2026 | 24.5× | 27.6× |
| 17 Jul 2026 | 24.6× | 27.6× |
| 24 Jul 2026 | 26.7× | 27.6× |
| 31 Jul 2026 | 25.6× | 27.6× |
| 7 Aug 2026 | 26.3× | 27.6× |
| 14 Aug 2026 | 27.5× | 27.6× |
| 21 Aug 2026 | 26.6× | 27.6× |
| 28 Aug 2026 | 27.0× | 27.6× |
| 4 Sep 2026 | 29.1× | 27.6× |
| 11 Sep 2026 | 27.8× | 27.6× |
| 18 Sep 2026 | 24.8× | 27.6× |
| 25 Sep 2026 | 25.7× | 27.6× |
| 2 Oct 2026 | 25.1× | 27.6× |
| 9 Oct 2026 | 29.1× | 27.6× |
| 16 Oct 2026 | 26.4× | 27.6× |
| 23 Oct 2026 | 24.7× | 27.6× |
| 30 Oct 2026 | 25.6× | 27.6× |
| 4 Nov 2026 | 23.9× | 27.6× |
Earnings per share, 12 months
- Earnings per share, 12 months $10.26
| Week | Earnings per share, 12 months |
|---|---|
| 30 Jun 2023 | $2.37 |
| 7 Jul 2023 | $2.37 |
| 14 Jul 2023 | $2.37 |
| 21 Jul 2023 | $2.37 |
| 28 Jul 2023 | $2.37 |
| 4 Aug 2023 | $2.37 |
| 11 Aug 2023 | $2.37 |
| 18 Aug 2023 | $2.37 |
| 25 Aug 2023 | $2.37 |
| 1 Sep 2023 | $2.37 |
| 8 Sep 2023 | $2.37 |
| 15 Sep 2023 | $2.37 |
| 22 Sep 2023 | $2.37 |
| 29 Sep 2023 | $2.37 |
| 6 Oct 2023 | $2.37 |
| 13 Oct 2023 | $2.37 |
| 20 Oct 2023 | $2.37 |
| 27 Oct 2023 | $2.37 |
| 3 Nov 2023 | $2.37 |
| 10 Nov 2023 | $2.37 |
| 17 Nov 2023 | $2.37 |
| 24 Nov 2023 | $2.37 |
| 1 Dec 2023 | $2.37 |
| 8 Dec 2023 | $2.37 |
| 15 Dec 2023 | $2.37 |
| 22 Dec 2023 | $2.37 |
| 29 Dec 2023 | $5.21 |
| 5 Jan 2024 | $5.21 |
| 12 Jan 2024 | $5.21 |
| 19 Jan 2024 | $5.21 |
| 26 Jan 2024 | $5.21 |
| 2 Feb 2024 | $5.21 |
| 9 Feb 2024 | $5.21 |
| 16 Feb 2024 | $5.21 |
| 23 Feb 2024 | $5.21 |
| 1 Mar 2024 | $5.21 |
| 8 Mar 2024 | $5.21 |
| 15 Mar 2024 | $5.21 |
| 22 Mar 2024 | $5.21 |
| 28 Mar 2024 | $4.99 |
| 5 Apr 2024 | $4.99 |
| 12 Apr 2024 | $4.99 |
| 19 Apr 2024 | $4.99 |
| 26 Apr 2024 | $4.99 |
| 3 May 2024 | $4.99 |
| 10 May 2024 | $4.99 |
| 17 May 2024 | $4.99 |
| 24 May 2024 | $4.99 |
| 31 May 2024 | $4.99 |
| 7 Jun 2024 | $4.99 |
| 14 Jun 2024 | $4.99 |
| 21 Jun 2024 | $4.99 |
| 28 Jun 2024 | $7.48 |
| 5 Jul 2024 | $7.48 |
| 12 Jul 2024 | $7.48 |
| 19 Jul 2024 | $7.48 |
| 26 Jul 2024 | $7.48 |
| 2 Aug 2024 | $7.48 |
| 9 Aug 2024 | $7.48 |
| 16 Aug 2024 | $7.48 |
| 23 Aug 2024 | $7.48 |
| 30 Aug 2024 | $7.48 |
| 6 Sep 2024 | $7.48 |
| 13 Sep 2024 | $7.48 |
| 20 Sep 2024 | $7.48 |
| 27 Sep 2024 | $7.50 |
| 4 Oct 2024 | $7.50 |
| 11 Oct 2024 | $7.50 |
| 18 Oct 2024 | $7.50 |
| 25 Oct 2024 | $7.50 |
| 1 Nov 2024 | $7.50 |
| 8 Nov 2024 | $7.50 |
| 15 Nov 2024 | $7.50 |
| 22 Nov 2024 | $7.50 |
| 29 Nov 2024 | $7.50 |
| 6 Dec 2024 | $7.50 |
| 13 Dec 2024 | $7.50 |
| 20 Dec 2024 | $7.50 |
| 27 Dec 2024 | $9.06 |
| 3 Jan 2025 | $9.06 |
| 10 Jan 2025 | $9.06 |
| 17 Jan 2025 | $9.06 |
| 24 Jan 2025 | $9.06 |
| 31 Jan 2025 | $9.06 |
| 7 Feb 2025 | $9.06 |
| 14 Feb 2025 | $9.06 |
| 21 Feb 2025 | $9.06 |
| 28 Feb 2025 | $9.06 |
| 7 Mar 2025 | $9.06 |
| 14 Mar 2025 | $9.06 |
| 21 Mar 2025 | $9.06 |
| 28 Mar 2025 | $11.88 |
| 4 Apr 2025 | $11.88 |
| 11 Apr 2025 | $11.88 |
| 17 Apr 2025 | $11.88 |
| 25 Apr 2025 | $11.88 |
| 2 May 2025 | $11.88 |
| 9 May 2025 | $11.88 |
| 16 May 2025 | $11.88 |
| 23 May 2025 | $11.88 |
| 30 May 2025 | $11.88 |
| 6 Jun 2025 | $11.88 |
| 13 Jun 2025 | $11.88 |
| 20 Jun 2025 | $11.88 |
| 27 Jun 2025 | $9.48 |
| 3 Jul 2025 | $9.48 |
| 11 Jul 2025 | $9.48 |
| 18 Jul 2025 | $9.48 |
| 25 Jul 2025 | $9.48 |
| 1 Aug 2025 | $9.48 |
| 8 Aug 2025 | $9.48 |
| 15 Aug 2025 | $9.48 |
| 22 Aug 2025 | $9.48 |
| 29 Aug 2025 | $9.48 |
| 5 Sep 2025 | $9.48 |
| 12 Sep 2025 | $9.48 |
| 19 Sep 2025 | $9.48 |
| 26 Sep 2025 | $9.57 |
| 3 Oct 2025 | $9.57 |
| 10 Oct 2025 | $9.57 |
| 17 Oct 2025 | $9.57 |
| 24 Oct 2025 | $9.57 |
| 31 Oct 2025 | $9.57 |
| 7 Nov 2025 | $9.57 |
| 14 Nov 2025 | $9.57 |
| 21 Nov 2025 | $9.57 |
| 28 Nov 2025 | $9.57 |
| 5 Dec 2025 | $9.57 |
| 12 Dec 2025 | $9.57 |
| 19 Dec 2025 | $9.57 |
| 26 Dec 2025 | $8.72 |
| 2 Jan 2026 | $8.72 |
| 9 Jan 2026 | $8.72 |
| 16 Jan 2026 | $8.72 |
| 23 Jan 2026 | $8.72 |
| 30 Jan 2026 | $8.72 |
| 6 Feb 2026 | $8.72 |
| 13 Feb 2026 | $8.72 |
| 20 Feb 2026 | $8.72 |
| 27 Feb 2026 | $8.72 |
| 6 Mar 2026 | $8.72 |
| 13 Mar 2026 | $8.72 |
| 20 Mar 2026 | $8.72 |
| 27 Mar 2026 | $7.40 |
| 2 Apr 2026 | $7.40 |
| 10 Apr 2026 | $7.40 |
| 17 Apr 2026 | $7.40 |
| 24 Apr 2026 | $7.40 |
| 1 May 2026 | $7.40 |
| 8 May 2026 | $7.40 |
| 15 May 2026 | $7.40 |
| 22 May 2026 | $7.40 |
| 29 May 2026 | $7.40 |
| 5 Jun 2026 | $7.40 |
| 12 Jun 2026 | $7.40 |
| 18 Jun 2026 | $7.40 |
| 26 Jun 2026 | $11.51 |
| 2 Jul 2026 | $11.51 |
| 10 Jul 2026 | $11.51 |
| 17 Jul 2026 | $11.51 |
| 24 Jul 2026 | $11.51 |
| 31 Jul 2026 | $11.51 |
| 7 Aug 2026 | $11.51 |
| 14 Aug 2026 | $11.51 |
| 21 Aug 2026 | $11.51 |
| 28 Aug 2026 | $11.51 |
| 4 Sep 2026 | $11.51 |
| 11 Sep 2026 | $11.51 |
| 18 Sep 2026 | $11.51 |
| 25 Sep 2026 | $10.26 |
| 2 Oct 2026 | $10.26 |
| 9 Oct 2026 | $10.26 |
| 16 Oct 2026 | $10.26 |
| 23 Oct 2026 | $10.26 |
| 30 Oct 2026 | $10.26 |
| 4 Nov 2026 | $10.26 |
PEG 1.14 at the Jun 2026 quarter end: above 1.0, so the P/E is bigger than the earnings growth rate
- PEG 1.14×
- PEG = 1.0 1.00×
| Quarter | PEG | PEG = 1.0 |
|---|---|---|
| Jun 2022 | 0.64× | 1.00× |
| Sep 2022 | 0.64× | 1.00× |
| Dec 2022 | 0.49× | 1.00× |
| Mar 2023 | 0.56× | 1.00× |
| Jun 2023 | 0.56× | 1.00× |
| Sep 2023 | 0.56× | 1.00× |
| Dec 2023 | 0.56× | 1.00× |
| Mar 2024 | 2.69× | 1.00× |
| Jun 2024 | 1.68× | 1.00× |
| Sep 2024 | 1.60× | 1.00× |
| Dec 2024 | 1.95× | 1.00× |
| Mar 2025 | 3.10× | 1.00× |
| Jun 2025 | 3.02× | 1.00× |
| Sep 2025 | 2.00× | 1.00× |
| Dec 2025 | 2.03× | 1.00× |
| Mar 2026 | 1.14× | 1.00× |
| Jun 2026 | 1.14× | 1.00× |
Why the multiple is where it is: over the past year earnings per share moved −37.8% while the price moved −31.4%. The price did better than earnings, which pushed the multiple up within its own range.
Where the price move came from: over 3 years the price moved +28.0% a year; about +25.4% a year came from earnings growth and about +2.6 percentage points from the multiple (the market paying more). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple.
In short: the multiple is low against its own past, so the earnings trend underneath matters more than the multiple.
Is the Constellation Energy business getting better or worse?
Constellation Energy Corporation's business is turning around. Profit growth has swung from −4.2% at its low to +15.2%, rising from a low 2 quarters ago, with ROCE steady at 7.2%. This is based on 12 quarters of 4 measures.
Every business is somewhere on a path of getting better or worse, and this section names where. The last 12 quarters of growth in revenue, profit and earnings per share, plus the return the business earns on its capital, are read as lines. Getting worse: the lines are falling. Turning around: a low point has just formed and the last few quarters are rising from it. Getting better: the rise from the low has lasted. Growing steadily: steady growth with healthy returns. Slowing from a peak: still high, but slowing. When the lines disagree the result is mixed; too little history means no reading. CAGR (compound annual growth rate) is the steady yearly rate that would turn the starting value into the latest one. It is the fairest way to compare growth over different periods. If the 1-year figure is much bigger than the 10-year one, recent growth is running faster than the long-run trend. A dash means there is no figure for that period, or the starting year was a loss, where a growth rate means nothing.
Growth year by year: revenue +8.3% in FY25, profit −38.1%
- Revenue growth 8.3%
| Quarter | Revenue growth |
|---|---|
| FY21 | – |
| FY22 | 24.4% |
| FY23 | 2% |
| FY24 | −5.4% |
| FY25 | 8.3% |
Profit growth, EPS growth
- Profit growth −38.1%
- EPS growth −37.8%
| Quarter | Profit growth | EPS growth |
|---|---|---|
| FY21 | – | – |
| FY22 | – | – |
| FY23 | – | – |
| FY24 | 131% | 137.3% |
| FY25 | −38.1% | −37.8% |
Three growth lines over twelve quarters: revenue accelerating, profit rolling over
- Revenue 26%
| Quarter | Revenue |
|---|---|
| Sep 2023 | 16.9% |
| Dec 2023 | 2% |
| Mar 2024 | −11% |
| Jun 2024 | −10.8% |
| Sep 2024 | −9.3% |
| Dec 2024 | −5.4% |
| Mar 2025 | 2.9% |
| Jun 2025 | 5.4% |
| Sep 2025 | 3.6% |
| Dec 2025 | 8.3% |
| Mar 2026 | 23.4% |
| Jun 2026 | 26% |
Profit, EPS
- Profit 15.2%
- EPS 7.3%
| Quarter | Profit | EPS |
|---|---|---|
| Sep 2023 | – | – |
| Dec 2023 | – | – |
| Mar 2024 | – | – |
| Jun 2024 | 208.5% | 216.3% |
| Sep 2024 | 68.8% | 74% |
| Dec 2024 | 131% | 137.9% |
| Mar 2025 | 23.8% | 26.6% |
| Jun 2025 | 25.8% | 27.5% |
| Sep 2025 | −4.2% | −3.8% |
| Dec 2025 | −38.1% | −37.7% |
| Mar 2026 | 27% | 21.5% |
| Jun 2026 | 15.2% | 7.3% |
ROCE: the return line, worked out each quarter
- ROCE 7.2%
| Quarter | ROCE |
|---|---|
| Sep 2023 | – |
| Dec 2023 | – |
| Mar 2024 | – |
| Jun 2024 | – |
| Sep 2024 | – |
| Dec 2024 | – |
| Mar 2025 | – |
| Jun 2025 | 8.2% |
| Sep 2025 | 7.1% |
| Dec 2025 | 6.4% |
| Mar 2026 | 7.8% |
| Jun 2026 | 7.2% |
Why it matters: a turn in growth is often where a bigger change starts. The lines say a turn is forming, so the question is whether the next quarters confirm it.
Compound annual growth rate (%)
Compound annual growth rate over each period, %. Revenue, profit and EPS come from yearly figures; the stock price row is price growth over the same periods. A dash means no figure for that period, or the starting year was a loss.
| Measure | 1yr | 3yr | 5yr | 10yr |
|---|---|---|---|---|
| Revenue | +8.3% | +1.5% | — | — |
| Profit | −38.1% | — | — | — |
| EPS | −37.8% | — | — | — |
| Stock price | −31.4% | +28.0% | — | — |
How much does Constellation Energy earn on its capital?
Constellation Energy Corporation earned a ROE of 16% in FY25. That is up from a low of −2% in FY21. Its return on capital used (ROIC) is 1.2 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses.
Return on equity (ROE) is the profit the business earns on its shareholders’ money. We do not have the full capital split, so ROE is the longest history we can draw here.
It comes from a 9.1% net margin and 0.45× asset turnover (sales divided by assets).
Why the return is what it is (FY25): a 9.1% net margin × 0.45× asset turnover × 3.85× leverage (assets divided by equity) ≈ 15.8% on equity. The margin does its share; borrowing is a big part of it.
The key test, return on capital used minus the cost of capital: 7.4% − 8.6% = −1.2 percentage points. The 8.6% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve.
FY25: ROE 16%, the climb back from FY21's −2%
- ROE 15.6%
- Cost of capital 8.6%
| Quarter | ROE | Cost of capital |
|---|---|---|
| FY21 | −1.8% | 8.6% |
| FY22 | −1.4% | 8.6% |
| FY23 | 14.4% | 8.6% |
| FY24 | 27.7% | 8.6% |
| FY25 | 15.6% | 8.6% |
Jun 2026: ROE 26.3% (last 12 months)
- ROE (12 months) 26.3%
| Quarter | ROE (12 months) |
|---|---|
| Sep 2023 | 29% |
| Dec 2023 | 23.4% |
| Mar 2024 | −1.3% |
| Jun 2024 | 30.9% |
| Sep 2024 | 27.7% |
| Dec 2024 | 38.7% |
| Mar 2025 | 25.7% |
| Jun 2025 | 3.8% |
| Sep 2025 | 24.6% |
| Dec 2025 | 26.1% |
| Mar 2026 | 11.7% |
| Jun 2026 | 26.3% |
Does Constellation Energy have too much debt?
Constellation Energy Corporation has total debt of $24.7 B against shareholder equity of $32.3 B as of Jun 2026, so its debt is 0.76× its equity. Year by year, that ratio went from 0.77 in FY21 to 0.64 in FY25. Keep that borrowing in mind when reading the returns on this page.
Debt-to-equity shows how much of the business is paid for with borrowed money. Lower is safer, and the direction matters as much as the level.
FY25: debt $9.5 B, 0.64× equity
- Total debt $9.5 B
| Quarter | Total debt |
|---|---|
| FY21 | $9.0 B |
| FY22 | $6.5 B |
| FY23 | $9.9 B |
| FY24 | $9.0 B |
| FY25 | $9.5 B |
Debt-to-equity
- Debt-to-equity 0.64×
| Quarter | Debt-to-equity |
|---|---|
| FY21 | 0.77× |
| FY22 | 0.57× |
| FY23 | 0.88× |
| FY24 | 0.66× |
| FY25 | 0.64× |
Jun 2026: debt $24.7 B, debt-to-equity 0.76
- Total debt (quarterly) $24.7 B
| Quarter | Total debt (quarterly) |
|---|---|
| Sep 2023 | $8.2 B |
| Dec 2023 | $9.9 B |
| Mar 2024 | $10.0 B |
| Jun 2024 | $9.1 B |
| Sep 2024 | $8.4 B |
| Dec 2024 | $9.0 B |
| Mar 2025 | $8.4 B |
| Jun 2025 | $8.3 B |
| Sep 2025 | $9.0 B |
| Dec 2025 | $9.5 B |
| Mar 2026 | $22.5 B |
| Jun 2026 | $24.7 B |
Debt-to-equity
- Debt-to-equity 0.76×
| Quarter | Debt-to-equity |
|---|---|
| Sep 2023 | 0.68× |
| Dec 2023 | 0.88× |
| Mar 2024 | 0.86× |
| Jun 2024 | 0.77× |
| Sep 2024 | 0.65× |
| Dec 2024 | 0.66× |
| Mar 2025 | 0.63× |
| Jun 2025 | 0.60× |
| Sep 2025 | 0.62× |
| Dec 2025 | 0.64× |
| Mar 2026 | 0.66× |
| Jun 2026 | 0.76× |
What is the Constellation Energy shareholding pattern?
3.4% of Constellation Energy Corporation's tradable shares are in short positions, which are bets that the price will fall, so some traders are betting against it. At normal trading volumes, closing those positions would take about 3.0 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead.
There is no quarter-by-quarter list of owners here, so we look at short interest: the share of tradable shares held in short positions, which gain if the price falls.
It is a single reading at one point in time; we do not have its history.
Why it is at this level: the figure does not say who has the short positions or why, so we show the level without guessing the story.
How far is Constellation Energy from balance-sheet trouble?
For Constellation Energy Corporation, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date.
The Z-score estimates how far a company is from balance-sheet trouble. Above about 3 is safe; below about 1.8 is the danger zone. It was built for manufacturers, so it is not used for banks and lenders.
How does Constellation Energy rank in its industry?
48.6 out of 100, rank 6 of 10 in Utilities - Independent Power Producers, with 79% of the evidence available.
Constellation Energy Corporation scores 48.6 out of 100 against the 10 companies it is compared with in Utilities - Independent Power Producers, ranking 6. Relative strength against the index is -21.5%, and revenue and profit growth are weak.
The four parts add up to the total exactly: 17.2 + 12.7 + 4.8 + 13.9 = 48.6. This is the same number shown on the industry page; it is worked out once for the whole group and read here.
What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector.
Which companies is Constellation Energy compared with?
Constellation Energy ranks 6 of 10 Utilities - Independent Power Producers companies on the 4-Factor Sector Score, with 48.6 out of 100.
- 1TransAlta CorporationTAC · turning · Evidence leans up · 60% evidence55.4out of 100
How the score adds up
Growth & earnings 15.4/35 · Revenue -9.6% · Profit — · Operating margin change — · 52% evidenceCapital efficiency 10.5/25 · ROCE 5% · Operating margin 12.6% · 76% evidenceValuation 11.1/20 · P/E -81.6× · PEG — · 15% evidenceRelative strength 18.4/20 · Lead over its industry 45% · Lead over S&P 500 -4.1% · 1 year -14% · 100% evidence · 1 of 12 weeks aheadExact sum: 15.4 + 10.5 + 11.1 + 18.4 = 55.4 · What this means: Relative strength against the index is -4.1%, and revenue and profit growth are weak. - 2Talen Energy CorporationTLN · quiet · Evidence leans up · 69% evidence52.7out of 100
How the score adds up
Growth & earnings 14.0/35 · Revenue 75.8% · Profit -206.9% · Operating margin change — · 76% evidenceCapital efficiency 10.6/25 · ROCE 1.1% · Operating margin 26.5% · 76% evidenceValuation 11.5/20 · P/E -690.1× · PEG — · 15% evidenceRelative strength 16.6/20 · Lead over its industry 31.2% · Lead over S&P 500 -13.5% · 1 year -15.5% · 100% evidence · 0 of 12 weeks aheadExact sum: 14 + 10.6 + 11.5 + 16.6 = 52.7 · What this means: Relative strength against the index is -13.5%, and revenue and profit growth are weak. - 3Vistra Corp.VST · quiet · Evidence leans up · 79% evidence51.7out of 100
How the score adds up
Growth & earnings 10.1/35 · Revenue 3.8% · Profit -7.7% · Operating margin change — · 76% evidenceCapital efficiency 15.0/25 · ROCE 11.6% · Operating margin 2.4% · 76% evidenceValuation 14.4/20 · P/E 26.4× · PEG 0.4 · 65% evidenceRelative strength 12.2/20 · Lead over its industry 10% · Lead over S&P 500 -27.7% · 1 year -37.1% · 100% evidence · 0 of 12 weeks aheadExact sum: 10.1 + 15 + 14.4 + 12.2 = 51.7 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far. - 4Kenon Holdings Ltd.KEN · quiet · Evidence leans up · 69% evidence50.7out of 100
How the score adds up
Growth & earnings 17.9/35 · Revenue 53.4% · Profit -63.1% · Operating margin change — · 76% evidenceCapital efficiency 9.9/25 · ROCE 1.4% · Operating margin -14.3% · 76% evidenceValuation 8.9/20 · P/E 29.3× · PEG — · 15% evidenceRelative strength 14.0/20 · Lead over its industry 25.2% · Lead over S&P 500 -17.6% · 1 year 19.7% · 100% evidence · 0 of 12 weeks aheadExact sum: 17.9 + 9.9 + 8.9 + 14 = 50.7 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. - 5NRG Energy, Inc.NRG · quiet · Evidence leans down · 60% evidence48.7out of 100
How the score adds up
Growth & earnings 17.8/35 · Revenue 12.8% · Profit 62.6% · Operating margin change — · 52% evidenceCapital efficiency 16.0/25 · ROCE 6.9% · Operating margin 29.7% · 76% evidenceValuation 8.5/20 · P/E 39.4× · PEG — · 15% evidenceRelative strength 6.4/20 · Lead over its industry -14.1% · Lead over S&P 500 -44.4% · 1 year -51.7% · 100% evidence · 0 of 12 weeks aheadExact sum: 17.8 + 16 + 8.5 + 6.4 = 48.7 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. - 6Constellation Energy Corporation this pageCEG · quiet · Evidence leans down · 79% evidence48.6out of 100
How the score adds up
Growth & earnings 17.2/35 · Revenue 26% · Profit 15.2% · Operating margin change — · 76% evidenceCapital efficiency 12.7/25 · ROCE 5.6% · Operating margin -7.4% · 76% evidenceValuation 4.8/20 · P/E 25.6× · PEG 3.55 · 65% evidenceRelative strength 13.9/20 · Lead over its industry 19.6% · Lead over S&P 500 -21.5% · 1 year -31.4% · 100% evidence · 3 of 12 weeks aheadExact sum: 17.2 + 12.7 + 4.8 + 13.9 = 48.6 · What this means: Relative strength against the index is -21.5%, and revenue and profit growth are weak. - 7Hallador Energy CompanyHNRG · quiet · Most evidence points down · 60% evidence34.2out of 100
How the score adds up
Growth & earnings 12.0/35 · Revenue 8.6% · Profit — · Operating margin change — · 52% evidenceCapital efficiency 9.9/25 · ROCE 5.5% · Operating margin -0.8% · 76% evidenceValuation 10.2/20 · P/E -4.8× · PEG — · 15% evidenceRelative strength 2.1/20 · Lead over its industry -18.6% · Lead over S&P 500 -47.2% · 1 year -51.1% · 100% evidence · 0 of 12 weeks aheadExact sum: 12 + 9.9 + 10.2 + 2.1 = 34.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. - 8Digi Power X Inc.DGXX · quiet · Most evidence points down · 67% evidence31.1out of 100
How the score adds up
Growth & earnings 14.7/35 · Revenue 0% · Profit — · Operating margin change -177.5 points · 71% evidenceCapital efficiency 3.5/25 · ROCE -11.7% · Operating margin -226.6% · 76% evidenceValuation 10.6/20 · P/E -6.1× · PEG — · 15% evidenceRelative strength 2.3/20 · Lead over its industry -17.2% · Lead over S&P 500 -45.9% · 1 year -57.8% · 100% evidence · 0 of 12 weeks aheadExact sum: 14.7 + 3.5 + 10.6 + 2.3 = 31.1 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. - 9Fervo Energy CompanyFRVO · quiet · Too little evidence to rank firmly · 18% evidence42.3out of 100
How the score adds up
Growth & earnings 21.5/43.75 · Revenue — · Profit — · Operating margin change — · 8% evidenceCapital efficiency 8.3/31.25 · ROCE -2.1% · Operating margin — · 61% evidenceValuation 12.5/25 · P/E — · PEG — · 0% evidenceRelative strength: no reading this week · its 20 points are shared across the other threeExact sum: 21.5 + 8.3 + 12.5 = 42.3 (no relative-strength reading this week; its 20 points are shared across the other three) · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. - 10Oklo Inc.OKLO · quiet · Too little evidence to rank firmly · 37% evidence34.1out of 100
How the score adds up
Growth & earnings 17.8/35 · Revenue — · Profit — · Operating margin change — · 4% evidenceCapital efficiency 5.8/25 · ROCE -6.6% · Operating margin — · 61% evidenceValuation 10.0/20 · P/E — · PEG — · 0% evidenceRelative strength 0.5/20 · Lead over its industry -45.5% · Lead over S&P 500 -65.5% · 1 year -80.4% · 100% evidence · 0 of 12 weeks aheadExact sum: 17.8 + 5.8 + 10 + 0.5 = 34.1 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose.
Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led S&P 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led S&P 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read.
The figures in this ranking come from the industry comparison: results through the Jun 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section.
Related companies: Utilities - Independent Power Producers, all 10 compared on one page.
Which companies are close to Constellation Energy in size?
Constellation Energy is the largest of 8 Utilities - Independent Power Producers companies on Sector Alpha by market value (scores of 4 November 2026). It is the largest. Just below it: Vistra Corp., NRG Energy, Inc., Talen Energy Corporation, TransAlta Corporation, Kenon Holdings and Hallador Energy Company.
Utilities - Independent Power Producers companies close in size
- Constellation Energy Corporation $87.1 billion
- Vistra Corp. $40.4 billion
- NRG Energy, Inc. $17.5 billion
- Talen Energy Corporation $14.2 billion
- TransAlta Corporation $4.2 billion
- Kenon Holdings Ltd. $3.3 billion
- Hallador Energy Company $453 million
All 8 Utilities - Independent Power Producers companies, largest first
Companies close in size in other industries
- Quanta Services, Inc. $87.5 billion · Engineering & Construction
- The Sherwin-Williams Company $87.3 billion · Specialty Chemicals
- Constellation Energy Corporation $87.1 billion
- DoorDash, Inc. $86.7 billion · Internet Retail
- Simon Property Group, Inc. $86.6 billion · REIT - Retail
What else do people ask about Constellation Energy?
What were Constellation Energy's latest quarterly results?
Constellation Energy Corporation reported revenue of $7.5 B and net profit of $513 M for the Jun 2026 quarter. Revenue rose 23.0% and profit fell 38.9% compared with a year earlier. Earnings per share were $1.42.
The operating margin was 8.7%, 6.9 percentage points lower than a year earlier (as of 4 November 2026).
What is Constellation Energy's market cap?
Constellation Energy Corporation's market capitalisation is $87.1 B at a stock price of $245.71. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 4 November 2026).
How is Constellation Energy performing?
Constellation Energy Corporation's share price has been falling for 4 weeks. In its latest quarter, revenue rose 23.0% and profit fell 38.9% compared with a year earlier. Over the past 13 weeks it has done worse than the S&P 500, for 3 weeks running (as of 4 November 2026).
Will Constellation Energy's stock price go up?
This page does not forecast Constellation Energy Corporation's stock price. What it shows instead: the stock price is $245.71, and it has been falling for 4 weeks. Its P/E of 23.8× is higher than 20% of its own last 3 years (as of 4 November 2026).
Where is Constellation Energy in its business cycle?
Constellation Energy Corporation's FY25 operating margin was 11.9%, against a 5-year range of 2.0% to 18.1%: the middle of its own range, neither a peak nor a low. The latest quarter was 8.7%.
Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 4 November 2026).
What could break the Constellation Energy story?
The main question: the P/E is near the low end of its own history, higher than only 20% of past readings, but results are getting worse. A low multiple can stay low until the quarters turn.
On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 4 November 2026).
Is Constellation Energy a stock worth studying right now?
What the numbers show: Constellation Energy Corporation's P/E is near the low end of its own history, higher than only 20% of past readings, and its quarterly results are still getting worse. The main open question: whether results start to improve.
Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 4 November 2026).
Where do these numbers come from?
Sector Alpha, written by code from the published numbers. Data as of 4 November 2026.
Every chart on this page is drawn by code from the published figures, with no forecasts and no price opinions.
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