Fundamental analysis · SEC EDGAR · TTM through 31/03/2026

Fundamental analysis of Constellation Energy Corp

CEG · Nasdaq · Utilities

Fundamental quality

REASONABLE

73

out of 100

Constellation Energy Corp earns a fundamental-quality score of 73 out of 100, profiling it as a company of reasonable quality. Its score rests mainly on its growth (revenue +10.6%/yr). Its weakest area is its financial strength (net debt 2.04× EBITDA). Whether it's cheap or expensive depends on the current price, which you can compute in the tool.

What the company does

Constellation Energy is America's largest nuclear operator: some twenty reactors producing the clean, constant power data centers fight over. Spun off from Exelon as the ugly duckling, it turned out to be the AI era's swan: Microsoft pays it to resurrect Three Mile Island.

What will shape its future

  • Direct contracts with tech giants, paying twenty-year premiums for nuclear.
  • Wholesale electricity prices, its uncontracted market exposure.
  • Political support for nuclear, today a subsidized, bipartisan tailwind.

Breakdown by area

I.Growth
92

EPS growth: 44.8% · Revenue growth: 10.6%

II.Profitability
67

Net margin: 12.7% · ROE: 11.3% · ROIC: 6.9%

III.Financial health
61

Net debt/EBITDA: 2.04x · FCF: 3.8%

Source: SEC EDGAR · TTM through 31/03/2026

The score combines growth, profitability and financial strength. Here its growth weighs in its favor, while its financial strength drags it down the most.

Versus its sector

Percentile against the other 24 Utilities companies in our coverage: how far it beats them on each metric (100 = best in sector).

Net marginbeats 54%
ROEbeats 54%
Growthbeats 75%
Cash generationbeats 71%
Less debtbeats 86%

Computed from the daily dataset scores. A high percentile places the company among the best in its sector on that metric; it is not a buy recommendation.

Key concepts

What do these metrics mean? Fundamental analysis · What is the P/E · What is EPS · What is ROE · Net & gross margin · Free cash flow

Constellation Energy Corp strengths

  • Growing earnings per share (44.8% annualized).
  • Expanding margins: net margin has risen from 3% to 9% in recent years.
  • Revenue growing (10.6% annualized).
  • Solid net margin (12.7%): the business is clearly profitable.

Constellation Energy Corp risks and weaknesses

  • Its net debt has grown over the period.
  • Erratic free cash flow, with several years in the red.

Constellation Energy Corp historical evolution

YearRevenueNet incomeFree cash flowNet debt
202017,603589-1,163-226
202119,649-205-2,6675,291
202224,440-160-4,0424,187
202324,9181,623-7,7237,249
202423,5683,749-5,0295,390
202525,5332,3191,2883,701

Between 2020 and 2025, revenue went from $17,603M to $25,533M (+45%) and net income went from $589M to $2,319M (+294%). Meanwhile, its margins have widened (from 3% to 9%).

Annual figures in millions of U.S. dollars ($M) per SEC filings. Net debt is total debt minus cash.

Latest results

Versus the same period a year earlier

Figures for the quarter ended March 31, 2026, versus the quarter ended March 31, 2025 (SEC filings):

  • Revenue+63.8%
  • Net income+1,247.5%

Automatic comparison between the two most recent periods filed with the SEC. One quarter doesn't make a trend: read it alongside the historical evolution above.

Dividend

$0.39

per share, yearly

21% of earnings

Payout

at least 3 straight years raising it

Growth

That is what we can verify in the SEC filings, whose structured data only starts in 2008 and which many companies begin tagging later. The real streak may be considerably longer.

The dividend yield depends on today's price. Compute it in the analyzer → · See all dividend-paying stocks →

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Is Constellation Energy Corp cheap or expensive?

That depends on the current price. Look it up, enter it in the tool and get the full valuation verdict (P/E against its sector).

Compute the valuation →

Frequently asked questions

Is Constellation Energy Corp a good company to invest in?

In terms of business quality, Constellation Energy Corp scores 73 out of 100 in our analysis, placing it as a company of reasonable quality. That said, this isn't a recommendation: whether it's a good investment also depends on its current price and your goals.

Is Constellation Energy Corp a profitable company?

Yes. Constellation Energy Corp shows a net margin of 12.7% and an ROE of 11.3%, a sign of a profitable business.

Does Constellation Energy Corp have a lot of debt?

A moderate level: its net debt is 2.04 times its EBITDA.

Is Constellation Energy Corp growing?

Its revenue has grown 10.6% annualized in recent years and its earnings per share 44.8%.

Does Constellation Energy Corp generate cash?

Yes. It converts about 3.8% of its revenue into free cash flow.

The thresholds are general and the system doesn't judge qualitative factors. See the full methodology and use this analysis as a first filter, never as a final decision.

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