# Constellation Energy Corporation Common Stock (CEG) fundamentals

Data as of 2026-09-08. NASDAQ, United States. Sector: Utilities / Electric Utilities. Price $298.96, market value $105.9 billion.

## Valuation
- **P/E (trailing): 29.3×** (5-yr avg 29.7×, 3-yr avg 29.7×). Constellation Energy Corporation Common Stock trades at 29.3× trailing earnings, close to its own five-year average of 29.7×. The Utilities median in the September 2026 study was 21.2×. Forward P/E is 22.4×, lower than trailing, so analysts expect earnings to grow.
- **Price / sales: 4.0×**. Each dollar of revenue is priced at 4.0×.
- **Price / book: 3.3×**. The shares trade at 3.3× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 13.3×**. Enterprise value is 13.3× operating earnings before depreciation, the multiple that ignores how the company is financed.
- **Free-cash-flow yield: 0.3%** (5-yr avg -10.3%). Free cash flow equals 0.3% of the market value, above its five-year average of -10.3%, so the shares are cheaper on cash than they have usually been.
- **Earnings yield: 3.4%**. The inverse of the P/E: 3.4% of the price is earned each year.

## Profitability
- **Operating margin: 17.4%**. 17.4% of revenue is left after running the business, a healthy level in most sectors.
- **Net margin: 10.2%**. 10.2% of each dollar of sales reaches the bottom line.
- **Return on equity: 16.0%**. 16.0% on shareholders' equity is solid.
- **Return on invested capital: 19.9%**. Return on all capital, debt included, is 19.9%: comfortably above what that capital costs.
- **Return on assets: 6.1%**. Each dollar of assets produces 6.1% of profit.

## Growth
- **Revenue growth (1 yr): 19.5%** (3-yr 1.7%/yr, 5-yr 5.2%/yr). Revenue grew 19.5% over the last year, against 5.2% a year compounded over five years: growth is accelerating.
- **EPS growth (1 yr): -37.8%**. Earnings per share fell 37.8%, slower than revenue, so margins compressed.

## Financial health
- **Debt to equity: 0.51**. Debt is 0.51 times equity, moderate leverage.
- **Net debt / EBITDA: 0.4×**. It would take 0.4 years of operating earnings to repay net borrowings, within the comfortable range.
- **Altman Z-score: 2.43**. A Z-score of 2.43 is in the grey zone; not distressed, not clearly safe.
- **Piotroski F-score: 6/9**. 6 of 9 checks pass: mixed.

## Dividends
- **Dividend yield: 0.57%** ($1.63 per share, trailing). Constellation Energy Corporation Common Stock yields 0.57%, a modest yield more typical of a growth-oriented payer.
- **Payout ratio: 21%** (178% of free cash flow). 21% of earnings goes out as dividends, leaving room to keep raising it.
- **Consecutive years of increases: 4**. 4 straight years of increases.

## Analyst view
- **Analyst consensus: buy** (20 analysts). 20 analysts cover Constellation Energy Corporation Common Stock; the consensus is buy, with an average price target of $348.30 (+17% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): -2.9%** (YTD -15.1%, 3-mo 17.3%). The shares are down 2.9% over twelve months including dividends.
- **From 52-week high: -27.6%** (30.8% above the low). Trading 28% below its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 67**. An RSI of 67 is neutral.
- **Beta (1 yr): 1.33** (volatility 47%). Beta of 1.33 against the S&P 500: the shares move much more than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=CEG · Page: https://foliofundamentals.com/stocks/ceg

Not investment advice.