Constellation Energy Corporation CEG

263.27 1.65 0.63% as of 25 Sep
Market cap
$92.8B
P/E
25.6×
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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

Annual

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

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

Against its own ten years

Low 7.26% High 51.6%
Ten-year median 40.3%
Current reading's percentile 63

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 46.3%

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

The full definition of Gross margin →

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