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Pokedex/DC Infra/CEG
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DC Infra·CEG
Constellation Energy Corporation logo

Constellation Energy Corporation

NASDAQ · US

Competitive power producer and retail energy supplier with the largest nuclear generation fleet in the United States.

AI relevance

Carbon-free baseload power supplier positioned for large data center and AI load growth through nuclear and clean power contracts.

DC InfraIPP

Price

$271.61

Change

+1.35 (+0.50%)

Market cap

$97.5B

52w range

$241–$413

Exchange

NASDAQ

Country

US

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Price chart

CEG market performance

Daily close for Constellation Energy Corporation

$229.4$276.2$323.1$370.0$416.9Jun 25Sep 25Dec 25Mar 26Jun 26
Latest close
$271.5
Range move
-$49.14 (-15.3%)
Range high
$403.9
Range low
$242.3
Latest volume
995.2K
Source
FMP EOD
Downloads

Exports

Download statements, ratios, chart data, and transcript indexes.

CSV

Income statement

12 annual rows

Revenue, gross profit, R&D, operating income, EBITDA, net income, and EPS.

Annual

Balance sheet

12 annual rows

Cash, receivables, inventory, PP&E, assets, debt, liabilities, and equity.

Annual

Cash flow

12 annual rows

Operating cash flow, capital expenditures, and free cash flow.

Annual

Key metrics

12 annual rows

Enterprise value, valuation multiples, returns, yields, and cash conversion.

Annual

Ratios

12 annual rows

Margins, liquidity ratios, valuation ratios, leverage, and per-share metrics.

Annual

Chart data

1111 rows

Five years of daily close and volume data powering the company chart.

Download

Transcript list

31 rows

Available earnings-call transcript dates by fiscal year and quarter.

Download
StreetBuy

Analyst expectations

Consensus target
$365.75
+34.7%
Target range
$296.00 - $460.00
Rating mix
Buy
20 ratings
Next FY revenue
$32.41B
2026-12-31
Next FY EPS
$11.70
$11.28 - $11.92
Rating consensus20 ratings

Strong buy

0

Buy

14

Hold

6

Sell

0

Strong sell

0

Annual estimates
PeriodRevenue avgRevenue rangeEPS avgEPS rangeEBITDA avgEBIT avgNet income avgSG&A avgAnalysts
2026-12-31$32.41B$30.19B - $34.62B$11.70$11.28 - $11.92$9.18B$9.99B$3.64B$16.2M9 rev / 11 EPS
2027-12-31$34.52B$22.22B - $43.27B$13.52$11.98 - $14.85$9.77B$10.64B$4.21B$17.3M10 rev / 13 EPS
2028-12-31$36.33B$35.84B - $36.82B$17.17$14.46 - $23.00$10.29B$11.20B$5.89B$18.2M13 rev / 11 EPS
2029-12-31$38.62B$29.87B - $46.01B$19.81$13.98 - $24.74$10.94B$11.90B$6.22B$19.4M12 rev / 4 EPS
2030-12-31$39.59B$30.62B - $47.16B$21.24$14.99 - $26.52$11.21B$12.20B$6.67B$19.8M6 rev / 4 EPS
Quarterly estimates
PeriodRevenue avgRevenue rangeEPS avgEPS rangeEBITDA avgEBIT avgNet income avgSG&A avgAnalysts
2026-06-30$7.96B$7.46B - $8.46B$2.43$2.29 - $2.52$2.25B$2.45B$859.3M$4.0M5 rev / 7 EPS
2026-09-30$9.45B$6.49B - $11.90B$3.71$3.36 - $4.12$2.68B$2.91B$1.31B$4.7M5 rev / 7 EPS
2026-12-31$8.19B$6.35B - $9.85B$2.89$2.05 - $3.65$2.32B$2.52B$1.02B$4.1M2 rev / 3 EPS
2027-03-31$9.67B$7.50B - $11.63B$2.71$1.92 - $3.43$2.74B$2.98B$959.7M$4.8M2 rev / 3 EPS
2027-06-30$8.61B$6.68B - $10.36B$2.85$2.02 - $3.60$2.44B$2.65B$1.01B$4.3M2 rev / 2 EPS
2027-09-30$10.23B$7.94B - $12.32B$4.37$3.10 - $5.53$2.90B$3.15B$1.55B$5.1M2 rev / 2 EPS
2027-12-31$9.45B$7.33B - $11.38B$3.51$2.49 - $4.44$2.68B$2.91B$1.24B$4.7M2 rev / 2 EPS
2028-03-31$10.50B$8.14B - $12.63B$3.92$2.78 - $4.96$2.97B$3.24B$1.39B$5.3M1 rev / 3 EPS
Price target history
WindowTargetsAverage target
Last month3$321.67
Last quarter10$354.60
Last year19$382.58
All time49$281.29

Sources: TheFly, StreetInsider, Benzinga, Pulse 2.0, TipRanks Contributor

Latest grade actions
DateFirmActionPreviousNew
2026-06-18Goldman SachsDowngradeBuyNeutral
2026-05-12MizuhoMaintainNeutralNeutral
2026-05-04TD CowenMaintainBuyBuy
2026-04-29ScotiabankMaintainSector OutperformSector Outperform
2026-04-28BarclaysMaintainOverweightOverweight
2026-04-21Morgan StanleyMaintainOverweightOverweight
2026-04-06BarclaysMaintainOverweightOverweight
2026-04-02BMO CapitalMaintainOutperformOutperform
Historical rating snapshots
DateStrong buyBuyHoldSellStrong sell
2026-06-01614300
2026-05-01613310
2026-04-01611410
2026-03-01610500
2026-02-01410500
2026-01-01310500
2025-12-0139500
2025-11-0139400
FinancialsFY 2025

Financials

Revenue
$25.53B
Gross margin
75.8%
Operating income
$3.09B
Free cash flow
$1.29B
Cash + ST investments
$3.75B
Net debt
$5.24B
ROE
16.0%
ROIC
4.0%
EV / sales
4.5x
EV / EBITDA
23.1x
R&D / revenue
0.0%
Current ratio
1.5x
Income statement annual
PeriodRevenueGross profitGross marginR&DOperating incomeEBITDANet incomeEPS
FY 2025$25.53B$19.36B75.8%$0$3.09B$5.01B$2.32B$7.40
FY 2024$23.57B$5.99B25.4%$0$4.35B$6.97B$3.75B$11.90
FY 2023$24.92B$3.30B13.3%$0$1.61B$4.22B$1.62B$5.02
FY 2022$24.44B$2.14B8.7%$0$495.0M$2.92B-$160.0M$-0.49
FY 2021$19.65B$2.75B14.0%$0-$346.0M$3.81B-$205.0M$-0.63
FY 2020$17.60B$3.27B18.6%$0$256.0M$4.31B$589.0M$1.80
FY 2019$18.92B$3.30B17.4%$0$1.32B$4.31B$1.13B$3.44
FY 2018$20.44B$3.31B16.2%$0$975.0M$4.37B$370.0M$1.13
FY 2017$18.50B$3.10B16.8%$0$947.0M$4.15B$2.71B$8.31
FY 2016$17.76B$3.38B19.1%$0$820.0M$4.52B$483.0M$1.48
FY 2015$19.14B$3.82B20.0%$0$2.27B$4.86B$1.37B$4.20
FY 2014$17.39B$2.56B14.7%$0$1.18B$3.65B$835.0M$2.56
Cash flow annual
PeriodOperating cash flowCapexFree cash flow
FY 2025$4.24B$2.95B$1.29B
FY 2024-$2.46B$2.56B-$5.03B
FY 2023-$5.30B$2.42B-$7.72B
FY 2022-$2.35B$1.69B-$4.04B
FY 2021-$1.34B$1.33B-$2.67B
FY 2020$584.0M$1.75B-$1.16B
FY 2019$2.87B$1.84B$1.03B
FY 2018$3.86B$2.24B$1.62B
FY 2017$3.30B$2.26B$1.04B
FY 2016$4.44B$3.08B$1.36B
FY 2015$4.20B$3.84B$358.0M
FY 2014$1.83B$3.01B-$1.19B
Balance sheet annual
PeriodCash + ST inv.ReceivablesInventoryPP&EAssetsDebtNet debtLiabilitiesEquity
FY 2025$3.75B$4.27B$1.74B$22.47B$57.25B$8.99B$5.24B$42.40B$14.52B
FY 2024$3.02B$3.72B$1.60B$21.23B$52.93B$8.41B$5.39B$39.39B$13.17B
FY 2023$368.0M$2.85B$1.50B$22.12B$50.76B$9.26B$8.89B$39.47B$10.93B
FY 2022$422.0M$3.32B$1.50B$19.82B$46.91B$5.77B$5.35B$35.54B$11.02B
FY 2021$504.0M$2.42B$1.29B$19.61B$48.09B$8.20B$7.69B$36.47B$11.22B
FY 2020$226.0M$1.84B$1.21B$22.21B$48.09B$7.21B$6.99B$33.42B$12.40B
FY 2019$303.0M$3.75B$1.26B$24.19B$48.99B$8.29B$7.99B$33.16B$13.48B
FY 2018$750.0M$3.11B$1.21B$20.99B$47.56B$8.89B$8.14B$32.05B$13.20B
FY 2017$416.0M$2.84B$1.20B$21.64B$48.46B$9.05B$8.63B$32.50B$13.67B
FY 2016$290.0M$2.59B$1.23B$22.23B$46.97B$9.99B$9.71B$33.72B$11.48B
FY 2015$431.0M$2.18B$1.26B$22.32B$46.53B$10.24B$9.81B$33.56B$11.63B
FY 2014$780.0M$2.41B$1.31B$19.75B$44.95B$8.23B$7.45B$30.90B$12.72B
Annual ratios and key metrics
PeriodGross marginOp marginNet marginCurrentQuickROEROICEV / salesEV / EBITDAFCF yieldR&D / rev.Cash cycle
FY 202575.8%12.1%9.1%1.5x1.3x16.0%4.0%4.5x23.1x1.2%0.0%164d
FY 202425.4%18.5%15.9%1.6x1.3x28.5%7.7%3.2x10.9x-7.1%0.0%91d
FY 202313.3%6.5%6.5%1.3x1.1x14.9%2.3%1.9x11.0x-20.5%0.0%67d
FY 20228.7%2.0%-0.7%1.2x1.0x-1.5%0.4%1.4x11.5x-14.3%0.0%28d
FY 202114.0%-1.8%-1.0%1.0x0.8x-1.8%0.5%1.1x5.6x-19.4%0.0%35d
FY 202018.6%1.5%3.3%1.3x1.1x4.8%0.4%1.2x4.8x-8.5%0.0%37d
FY 201917.4%7.0%5.9%1.0x0.8x8.3%2.1%1.1x5.0x7.5%0.0%62d
FY 201816.2%4.8%1.8%1.5x1.3x2.8%2.3%1.1x5.0x11.8%0.0%42d
FY 201716.8%5.1%14.6%1.6x1.4x19.8%2.1%1.2x5.4x7.6%0.0%42d
FY 201619.1%4.6%2.7%1.1x0.9x4.2%1.1%1.3x5.2x10.0%0.0%43d
FY 201520.0%11.9%7.2%1.3x1.0x11.8%3.9%1.2x4.8x2.6%0.0%34d
FY 201414.7%6.8%4.8%1.6x1.3x6.6%2.3%1.2x5.8x-8.7%0.0%39d
Annual growth
PeriodRevenueGross profitR&DOp incomeNet incomeEPSFCFCapexCash + ST inv.InventoryAssetsDebt
FY 2025+8.3%+223.2%0.0%-29.1%-38.1%-37.8%+125.6%-15.0%+24.0%+8.5%+8.2%+6.9%
FY 2024-5.4%+81.4%0.0%+170.3%+131.0%+137.1%+34.9%-5.9%+721.2%+6.7%+4.3%-9.2%
FY 2023+2.0%+54.6%0.0%+225.3%+1114.4%+1129.1%-91.1%-43.4%-12.8%-0.3%+8.2%+60.6%
FY 2022+24.4%-22.1%0.0%+243.1%+22.0%+22.3%-51.6%-27.1%-16.3%+16.8%-2.4%-29.6%
FY 2021+11.6%-16.2%0.0%-235.2%-134.8%-134.8%-129.3%+23.9%+123.0%+6.4%-0.0%+13.6%
FY 2020-7.0%-0.7%0.0%-80.7%-47.6%-47.6%-213.1%+5.3%-25.4%-4.0%-1.8%-13.0%
FY 2019-7.4%-0.5%0.0%+35.7%+204.1%+204.8%-36.5%+17.7%-59.6%+4.0%+3.0%-6.7%
FY 2018+10.5%+6.7%0.0%+3.0%-86.3%-86.4%+55.7%+0.8%+80.3%+1.1%-1.9%-1.7%
FY 2017+4.2%-8.3%0.0%+15.5%+461.1%+461.5%-23.8%+26.6%+43.4%-2.1%+3.2%-9.5%
FY 2016-7.2%-11.3%0.0%-64.0%-64.8%-64.8%+281.0%+19.9%-32.7%-2.9%+1.0%-2.4%
FY 2015+10.0%+48.8%0.0%+93.5%+64.3%+64.1%+130.2%-27.5%-44.7%-3.7%+3.5%+24.4%
FY 2014+11.3%-11.5%0.0%-29.9%-22.0%-22.0%-204.5%-9.4%-38.0%+57.1%+9.0%+6.2%
SegmentsFY 2025

Revenue Mix

Latest product mixFY 2025 · $22.17B
Constellation Mid Atlantic$6.49B · 29.3%
Constellation Midwest$5.80B · 26.2%
Constellation Other Regions$5.58B · 25.2%
Constellation New York$2.39B · 10.8%
Constellation ERCOT$1.90B · 8.6%
Latest geography mixFY 2025 · $22.17B
Constellation Mid Atlantic$6.49B · 29.3%
Constellation Midwest$5.80B · 26.2%
Constellation Other Regions$5.58B · 25.2%
Constellation New York$2.39B · 10.8%
Constellation ERCOT$1.90B · 8.6%
Product revenue annual
PeriodTotalEnergy Commodities and ServicePublic UtilitiesConstellation Other RegionsConstellation Mid AtlanticConstellation MidwestConstellation New YorkConstellation Natural GasConstellation ERCOTConstellation All Other Segments
FY 2025$22.17B----$5.58B$6.49B$5.80B$2.39B--$1.90B--
FY 2024$19.43B----$5.51B$5.52B$4.80B$2.05B--$1.55B--
FY 2023$19.53B----$5.86B$5.45B$4.85B$2.02B--$1.35B--
FY 2022$26.28B----$6.73B$5.26B$5.16B$2.00B$4.97B$1.56B$591.0M
FY 2021$21.24B----$4.92B$4.58B$4.26B$1.63B$3.38B$1.18B$1.28B
FY 2020$33.03B$16.40B$16.63B--------------
FY 2019$34.59B$17.75B$16.84B--------------
Geography revenue annual
PeriodTotalConstellation Other RegionsConstellation Mid AtlanticConstellation MidwestConstellation New YorkConstellation ERCOT
FY 2025$22.17B$5.58B$6.49B$5.80B$2.39B$1.90B
FY 2024$19.43B$5.51B$5.52B$4.80B$2.05B$1.55B
FY 2023$19.53B$5.86B$5.45B$4.85B$2.02B$1.35B
FY 2022$20.72B$6.73B$5.26B$5.16B$2.00B$1.56B
FY 2021$16.58B$4.92B$4.58B$4.26B$1.63B$1.18B
Transcripts31 on file

Transcripts

  • FY2026 · Q12026-05-11
  • FY2025 · Q42026-03-31
  • FY2025 · Q32025-11-07
  • FY2025 · Q22025-08-07
Events

Events

Next earnings

2026-08-06EPS est $2.43

Recent filings
  • 11-K2026-06-17
  • 8-K2026-06-02
  • 424B42026-06-02
Latest news
  • Constellation Energy Inks a Nuclear Power Deal with Walmart. Here's What Investors Need to Know.

    The Motley Fool · 2026-06-23

  • Walmart Shares Edge Higher Despite Market Slide: What's Going On?

    Benzinga · 2026-06-23

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