Constellation Energy Corporation
CEG Utilities Utilities Independent Power Producers
Constellation Energy Corporation’s revenue for fiscal 2025 (year ended December 2025) was $25.5 billion, up 8.34% from fiscal 2024. In the quarter to June 2026, revenue grew 23.0%, EPS fell 46.8%, free cash flow fell 116.6% and total debt rose 81.0%, each against the same quarter a year earlier. Member of the S&P 500 and Nasdaq 100; dividend growth for five consecutive years; insiders bought in the last twelve months.
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Constellation Energy Corporation (CEG) Gross margin
Constellation Energy Corporation's gross margin over the twelve months to 30 June 2026 was 43.9%, up 1.4 percentage points from fiscal 2025 (42.5%). Over the past ten years it has ranged from 7.26% (fiscal 2018) to 51.6% (fiscal 2024); the current reading is higher than 63% of that period. That is above the Utilities Independent Power Producers industry median of 38.0% and below the Utilities sector median of 62.0%.
Gross margin, annual
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Annual newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| FY2025 | 42.5% | (9.05) |
| FY2024 | 51.6% | 15.76 |
| FY2023 | 35.8% | 7.24 |
| FY2022 | 28.6% | (9.55) |
| FY2021 | 38.1% | (7.45) |
| FY2020 | 45.6% | 2.92 |
| FY2019 | 42.6% | 35.37 |
| FY2018 | 7.26% | — |
Quarterly newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| Jun 2026 | 46.4% | 3.50 |
| Mar 2026 | 42.9% | 2.13 |
| Dec 2025 | 40.8% | (4.95) |
| Sep 2025 | 45.7% | (2.95) |
| 19 more quarters | Free account |
Against its own ten years
Gross margin against peers
| Company | Gross margin |
|---|---|
| TLN Talen Energy Corporation compare | 53.9% |
| CEG Constellation Energy Corporation | 43.9% |
| HNRG Hallador Energy Company compare | 43.6% |
| VST Vistra Corp. compare | 38.0% |
| NRG NRG Energy, Inc. compare | 18.8% |
| KEN Kenon Holdings Ltd. compare | 18.7% |
| DGXX Digi Power X Inc. compare | −26.3% |
| OKLO Oklo Inc. compare | — |
| Utilities Independent Power Producers industry median | 38.0% |
| Utilities sector median | 62.0% |
| Market median | 46.2% |
What Gross margin is
Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.
Gross Profit ÷ Revenue
More on CEG
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement