CEG
Constellation Energy Corporation Common StockStock · UtilitiesNasdaq-100 0.4% · S&P 500 Equal Weight 0.2% · S&P 500 0.1% · US Stock Market 0.1% · MSCI World 0.10%$298.95+4.88%
as of market close, Sep 4, 2026
☾ AH $298.95 +0.00%
CEG financial statements
The full income statement, balance sheet, and cash-flow statement for Constellation Energy Corporation Common Stock (CEG), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2024-06 312.7M2024-09 312.8M2024-12 312.8M2025-03 313.4M2025-06 312.4M2025-09 312.3M2025-12 362.0M2026-03 361.2M2026-06 354.3M+13.3% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
As-reported fiscal years.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Revenue | 25.5B+8.3% | 23.6B-5.4% | 24.9B+2.0% | 24.4B+24.4% | 19.6B+11.6% | |
| Amortization of intangibles | 18.0M-18.2% | 22.0M-4.3% | 23.0M-62.3% | 61.0M-23.8% | 80.0M-1.2% | |
| Provision for credit losses | 47.0M+176.5% | 17.0M | — | — | — | |
| Operating income | 3.09B-29.1% | 4.35B+170.3% | 1.61B+225.3% | 495M+243.1% | -346M-235.2% | |
| Interest expense | 511M+1.0% | 506M+17.4% | 431M+72.4% | 250M-11.3% | 282M-14.0% | |
| Other non-operating income | 936M+39.7% | 670M-47.2% | 1.27B+261.3% | -786M-198.9% | 795M-15.2% | |
| Equity-method income | -1.00M+75.0% | -4.00M+63.6% | -11.0M+15.4% | -13.0M-30.0% | -10.0M-25.0% | |
| Gain (loss) on equity securities | -279M-2636.4% | 11.0M-96.4% | 307M+2461.5% | -13.0M+91.9% | -160M-186.0% | |
| Pre-tax income | 3.51B-22.3% | 4.52B+84.6% | 2.45B+551.5% | -542M-456.6% | 152M-81.8% | |
| Income tax | 1.19B+53.4% | 774M-9.9% | 859M+321.4% | -388M-272.4% | 225M-9.6% | |
| 2.32B-38.1% | 3.75B+131.0% | 1.62B+1114.4% | -160M+22.0% | -205M-134.8% | ||
| Net income to non-controlling interest | 4.00M+136.4% | -11.0M+76.1% | -46.0M-557.1% | -7.00M-105.7% | 122M+1320.0% | |
| $7.40-37.8% | $11.89+137.3% | $5.01+1122.4% | -$0.49 | $0.00 | ||
| EPS (basic) | $7.40-37.9% | $11.91+137.3% | $5.02+1124.5% | -$0.49 | $0.00 | |
| Weighted-avg shares (basic) | 313M-0.6% | 315M-2.5% | 323M-1.5% | 328M | — | |
| Weighted-avg shares (diluted) | 314M-0.3% | 315M-2.8% | 324M-1.5% | 329M | — | |
| Dividends per share | $1.55+10.0% | $1.41+25.0% | $1.13+100.0% | $0.56 | — | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 12.1B+12.5% | 10.8B+29.8% | 8.30B-11.3% | 9.36B+17.3% | 7.98B | ||
| Cash & equivalents | 3.64B+20.5% | 3.02B+721.2% | 368M-12.8% | 422M-16.3% | 504M+123.0% | |
| Accounts receivable | 4.27B+14.7% | 3.72B+92.2% | 1.93B-25.2% | 2.58B+54.9% | 1.67B | |
| Inventory | 1.74B+8.5% | 1.60B | — | — | — | |
| Other current assets | 509M-26.1% | 689M-58.4% | 1.66B+61.3% | 1.03B+1.9% | 1.01B | |
| 57.2B+8.2% | 52.9B+4.3% | 50.8B+8.2% | 46.9B-2.4% | 48.1B | ||
| Property, plant & equipment | 22.5B+5.8% | 21.2B-4.0% | 22.1B+11.6% | 19.8B+1.1% | 19.6B | |
| Operating lease right-of-use | 371M-14.9% | 436M-11.7% | 494M-9.4% | 545M-9.8% | 604M | |
| Goodwill | 420M+0.0% | 420M-1.2% | 425M+804.3% | 47.0M | — | |
| Intangible assets | 201M-14.8% | 236M-29.8% | 336M-2.0% | 343M-10.0% | 381M | |
| Long-term investments | 307M-52.0% | 640M+13.7% | 563M+178.7% | 202M+16.1% | 174M | |
| Deferred tax assets | — | 0.00-100.0% | 52.0M+18.2% | 44.0M+37.5% | 32.0M | |
| Other non-current assets | 2.45B-13.1% | 2.82B+47.5% | 1.91B-7.2% | 2.06B+19.9% | 1.72B | |
| 7.94B+16.0% | 6.85B+8.3% | 6.32B-19.4% | 7.84B-2.0% | 8.00B | ||
| Accounts payable | 2.81B+18.7% | 2.37B+82.0% | 1.30B-54.0% | 2.83B+61.0% | 1.76B | |
| Accrued liabilities | 4.29B+8.9% | 3.94B+51.0% | 2.61B+188.3% | 906M+22.9% | 737M | |
| Short-term & current debt | 92.0M-91.1% | 1.03B+749.6% | 121M-15.4% | 143M-88.3% | 1.22B | |
| Current lease liability | 72.0M+0.0% | 72.0M+7.5% | 67.0M+0.0% | 67.0M-6.9% | 72.0M | |
| Other current liabilities | 366M+10.2% | 332M-1.8% | 338M-1.7% | 344M+10.6% | 311M | |
| 42.4B+7.6% | 39.4B-0.2% | 39.5B+11.1% | 35.5B-2.6% | 36.5B | ||
| Long-term debt | 7.25B-1.8% | 7.38B-1.5% | 7.50B+67.8% | 4.47B-2.4% | 4.58B | |
| Non-current lease liability | 433M-15.3% | 511M-12.3% | 583M-9.3% | 643M-8.8% | 705M | |
| Operating lease liability (total) | 505M-13.4% | 583M-10.3% | 650M-8.5% | 710M-8.6% | 777M | |
| Other non-current liabilities | 2.74B+6.0% | 2.58B+129.8% | 1.13B-4.5% | 1.18B+4.0% | 1.13B | |
| 14.5B+10.3% | 13.2B+20.5% | 10.9B-0.8% | 11.0B-1.8% | 11.2B-23.6% | ||
| Common stock | 11.0B-3.1% | 11.4B-7.7% | 12.4B-6.9% | 13.3B | 0.00 | |
| Retained earnings | 5.90B+45.1% | 4.07B+434.3% | 761M+253.4% | -496M | 0.00 | |
| Accumulated other comprehensive income | -2.42B-5.3% | -2.30B-5.1% | -2.19B-24.5% | -1.76B-5577.4% | -31.0M | |
| Non-controlling interest | 336M-9.9% | 373M+3.3% | 361M+2.0% | 354M-10.4% | 395M | |
| Total equity incl. non-controlling | 14.9B+9.7% | 13.5B+20.0% | 11.3B-0.8% | 11.4B-2.1% | 11.6B-20.9% | |
| Total liabilities & equity | 57.2B+8.2% | 52.9B+4.3% | 50.8B+8.2% | 46.9B-2.4% | 48.1B | |
| Common shares outstanding | 312M-0.3% | 313M-1.3% | 317M-3.1% | 327M | — | |
| Shares outstanding (cover) | 362M+15.7% | 313M-1.2% | 317M-3.2% | 327M+0.1% | 327M | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 4.24B+272.0% | -2.46B+53.5% | -5.30B-125.3% | -2.35B-75.9% | -1.34B-329.1% | ||
| Depreciation & amortization | 2.60B-3.7% | 2.70B+7.4% | 2.51B+3.6% | 2.43B-46.5% | 4.54B+24.9% | |
| Intangible amortization | 18.0M-18.2% | 22.0M-4.3% | 23.0M-62.3% | 61.0M-23.8% | 80.0M-1.2% | |
| Change in inventory | 134M+35.4% | 99.0M+265.0% | -60.0M-126.3% | 228M+235.3% | 68.0M-11.7% | |
| -3.20B-143.1% | 7.43B+145.1% | 3.03B-2.4% | 3.10B-5.4% | 3.28B+67.6% | ||
| Capital expenditure | 2.95B+15.0% | 2.56B+5.9% | 2.42B+43.4% | 1.69B+27.1% | 1.33B-23.9% | |
| Free cash flow | 1.29B+125.6% | -5.03B+34.9% | -7.72B-91.1% | -4.04B-51.6% | -2.67B-129.3% | |
| Acquisitions | 14.0M-56.3% | 32.0M-98.1% | 1.69B+5727.6% | 29.0M-3.3% | 30.0M | |
| Other investing activities | -103M-21.2% | -85.0M-174.2% | -31.0M+60.8% | -79.0M-3850.0% | -2.00M+81.8% | |
| -420M+81.7% | -2.29B-204.2% | 2.20B+374.8% | -799M+52.9% | -1.70B+36.4% | ||
| Long-term debt issued | 0.00-100.0% | 920M-71.2% | 3.19B+22721.4% | 14.0M-90.8% | 152M-95.2% | |
| Long-term debt repaid | 1.08B+789.3% | 121M-28.0% | 168M-85.5% | 1.16B+1006.7% | 105M-97.6% | |
| Common stock issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock repurchased | 400M-60.0% | 999M+0.7% | 992M | 0.00 | 0.00 | |
| Dividends paid | 486M+9.5% | 444M+21.3% | 366M+97.8% | 185M | 0.00 | |
| Other financing activities | -108M-10700.0% | -1.00M-102.4% | 42.0M+220.0% | -35.0M+23.9% | -46.0M+34.3% | |
| Interest paid | 412M+9.9% | 375M+42.0% | 264M+14.8% | 230M-16.4% | 275M-16.9% | |
| Income taxes paid | 446M+2.3% | 436M-6.4% | 466M+62.4% | 287M-32.6% | 426M+508.6% | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 128B+82.7% | 70.0B+87.5% | 37.3B+32.4% | 28.2B | — | |
| P/E | 55.1×+195.4% | 18.7×-15.3% | 22.0× | — | — | |
| P/S | 5.0×+68.7% | 3.0×+110.4% | 1.4×+13.3% | 1.2× | — | |
| P/B | 8.8×+65.7% | 5.3×+66.1% | 3.2×+22.6% | 2.6× | — | |
| P/FCF | 99.3× | — | — | — | — | |
| Earnings yield | 1.8%-66.1% | 5.4%+18.1% | 4.5% | — | — | |
| FCF yield | 1.0% | — | — | — | — | |
| Dividend yield | 0.44%-30.3% | 0.63%-34.7% | 0.97%+47.5% | 0.65% | — | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: CEG’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all CEG filings on SEC EDGAR → Not investment advice.