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.

Revenue
+23.0%
EPS
−46.8%
Free cash flow
−116.6%
Total debt
+81.0%

Quarter to June 2026, against a year earlier

240.32 5.40 −2.20%
Market cap
$84.9B
P/E
23.4×
Fwd P/E
21.3×
Dividend yield
0.69%
F-score
6/9
Altman Z
2.42
Beneish M
−2.37
Dividend safety
78/100

Constellation Energy Corporation (CEG) Operating margin

Alert me on Operating margin

Constellation Energy Corporation's operating margin over the twelve months to 30 June 2026 was 14.7%, up 2.6 percentage points from fiscal 2025 (12.1%). Over the past ten years it has ranged from −1.76% (fiscal 2021) to 18.5% (fiscal 2024); the current reading is higher than 88% of that period. That is above the Utilities Independent Power Producers industry median of 4.83% and below the Utilities sector median of 18.7%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 12.1% (6.38)
FY2024 18.5% 12.01
FY2023 6.46% 4.43
FY2022 2.03% 3.79
FY2021 −1.76% (3.21)
FY2020 1.45% (5.54)
FY2019 6.99% (2.08)
FY2018 9.07% —

Quarterly newest first

Period Operating margin Change (points)
Jun 2026 7.73% (13.24)
Mar 2026 21.0% 11.12
Dec 2025 9.85% (6.68)
Sep 2025 16.5% 0.94
19 more quarters

Against its own ten years

Low −1.76% High 18.5%
Ten-year median 6.73%
Current reading's percentile 79

Operating margin against peers

Company Operating margin
VST Vistra Corp. compare 18.6%
CEG Constellation Energy Corporation 14.7%
KEN Kenon Holdings Ltd. compare 8.20%
NRG NRG Energy, Inc. compare 6.08%
HNRG Hallador Energy Company compare 3.58%
TLN Talen Energy Corporation compare 2.02%
OKLO Oklo Inc. compare 0.00%
DGXX Digi Power X Inc. compare −101.0%
ONEN ONE Nuclear Energy Inc. compare —
Utilities Independent Power Producers industry median 4.83%
Utilities sector median 18.7%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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