Constellation Energy (CEG) Financials

$308.05 -1.01 (-0.33%)

Closing price 05/28/2025 04:00 PM Eastern

Extended Trading

$313.95 +5.90 (+1.91%)

As of 07:50 AM Eastern

Annual Income Statements for Constellation Energy

This table shows Constellation Energy's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019
Net Income / (Loss) Attributable to Common Shareholders	3,749	1,623	-160	-205	589	1,125
Consolidated Net Income / (Loss)	7,476	3,154	-334	-83	579	1,217
Net Income / (Loss) Continuing Operations	4,173	1,981	83	-83	579	1,217
Total Pre-Tax Income	4,516	2,447	-542	152	836	1,917
Total Operating Income	4,352	1,610	495	-346	256	1,323
Total Gross Profit	5,990	3,232	2,181	7,486	8,018	3,937
Total Revenue	23,568	24,918	24,440	19,649	17,603	18,924
Operating Revenue	23,568	24,918	24,440	19,649	17,603	18,924
Total Cost of Revenue	17,578	21,686	22,259	12,163	9,585	14,987
Operating Cost of Revenue	17,578	21,686	22,259	12,163	9,585	14,987
Total Operating Expenses	1,709	1,649	1,687	7,832	7,762	2,614
Selling, General & Admin Expense	0.00	0.00	44	4,555	5,168	-
Depreciation Expense	1,123	1,096	1,091	3,003	2,123	1,535
Other Operating Expenses / (Income)	586	553	552	475	482	1,106
Total Other Income / (Expense), net	164	837	-1,037	498	580	594
Interest & Investment Income	0.00	0.00	-1.00	-	-	-
Other Income / (Expense), net	670	1,268	-786	795	937	1,023
Income Tax Expense	774	859	-388	225	249	516
Other Gains / (Losses), net	-4.00	-11	-13	-10	-8.00	-184
Net Income / (Loss) Attributable to Noncontrolling Interest	-11	-46	-7.00	122	-10	92
Weighted Average Basic Shares Outstanding	312.85M	316.67M	327.13M	653.33M	-	-
Weighted Average Diluted Shares Outstanding	312.85M	316.67M	327.13M	653.33M	-	-
Weighted Average Basic & Diluted Shares Outstanding	312.85M	316.67M	327.13M	653.33M	-	-
Cash Dividends to Common per Share	$0.35	$0.28	$0.14	-	-	-

This table shows Constellation Energy's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Income / (Loss) Attributable to Common Shareholders	118	852	1,200	814	883	-37	731	833	96	33	-188
Consolidated Net Income / (Loss)	129	4,588	1,196	809	883	1,538	690	824	102	-139	-193
Net Income / (Loss) Continuing Operations	129	1,285	1,196	809	883	365	690	824	102	278	-193
Total Pre-Tax Income	151	859	1,645	964	1,048	143	895	1,171	238	147	-312
Total Operating Income	451	972	1,467	1,100	813	-67	977	669	31	-171	-41
Total Gross Profit	2,404	-1,882	3,431	3,183	1,258	-2,475	2,744	2,559	404	-911	367
Total Revenue	6,788	5,382	6,550	5,475	6,161	5,796	6,111	5,446	7,565	7,333	6,051
Total Cost of Revenue	4,384	7,264	3,119	2,292	4,903	8,271	3,367	2,887	7,161	8,244	5,684
Operating Cost of Revenue	4,384	7,264	3,119	2,292	4,903	8,271	3,367	2,887	7,161	8,244	5,684
Total Operating Expenses	1,953	-2,783	1,964	2,083	445	-2,381	1,767	1,890	373	-739	408
Selling, General & Admin Expense	1,545	-	1,535	1,645	-	-	1,353	1,477	-	-	-
Depreciation Expense	248	255	266	296	306	289	266	274	267	272	262
Other Operating Expenses / (Income)	160	140	165	142	139	134	148	139	132	137	145
Total Other Income / (Expense), net	-300	-113	178	-136	235	210	-82	502	207	318	-271
Interest Expense	146	-	147	142	127	-	82	103	107	-	75
Other Income / (Expense), net	-154	-23	325	6.00	362	349	0.00	605	314	382	-196
Income Tax Expense	22	6.00	449	154	165	181	205	342	131	116	-123
Net Income / (Loss) Attributable to Noncontrolling Interest	11	-2.00	-4.00	-5.00	0.00	-2.00	-41	-9.00	6.00	-5.00	-5.00
Weighted Average Basic Shares Outstanding	313.42M	312.85M	312.77M	312.69M	315.23M	316.67M	319.38M	321.59M	324.41M	327.13M	327.02M
Weighted Average Diluted Shares Outstanding	313.42M	312.85M	312.77M	312.69M	315.23M	316.67M	319.38M	321.59M	324.41M	327.13M	327.02M
Weighted Average Basic & Diluted Shares Outstanding	313.42M	312.85M	312.77M	312.69M	315.23M	316.67M	319.38M	321.59M	324.41M	327.13M	327.02M
Cash Dividends to Common per Share	$0.39	-	$0.35	$0.35	$0.35	-	-	$0.28	$0.28	-	$0.14

This table details how cash moves in and out of Constellation Energy's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019
Net Change in Cash & Equivalents	2,675	1,735	-48	313	-1,792	0.00
Net Cash From Operating Activities	-2,464	-5,301	-2,353	-1,338	584	0.00
Net Cash From Continuing Operating Activities	-2,464	-5,301	-2,353	-1,338	584	0.00
Net Income / (Loss) Continuing Operations	3,738	1,577	-167	-83	579	0.00
Consolidated Net Income / (Loss)	3,738	1,577	-167	-83	579	0.00
Depreciation Expense	2,700	2,514	2,427	4,540	3,636	0.00
Non-Cash Adjustments To Reconcile Net Income	-278	-739	898	-1,011	-53	0.00
Changes in Operating Assets and Liabilities, net	-8,624	-8,653	-5,511	-4,784	-3,578	0.00
Net Cash From Investing Activities	7,428	3,031	3,104	3,282	1,958	0.00
Net Cash From Continuing Investing Activities	7,460	4,721	3,133	3,312	1,958	0.00
Purchase of Property, Plant & Equipment	-2,565	-2,422	-1,689	-1,329	-1,747	0.00
Purchase of Investments	-6,282	-6,050	-4,271	-6,673	-3,464	0.00
Sale and/or Maturity of Investments	6,005	5,822	4,050	6,532	3,341	0.00
Other Investing Activities, net	10,302	7,371	5,043	3,904	3,782	0.00
Net Cash From Financing Activities	-2,289	2,196	-799	-1,695	-2,664	0.00
Net Cash From Continuing Financing Activities	-2,287	2,315	-799	-1,631	-4,334	0.00
Repayment of Debt	-861	-326	-2,377	-151	-4,934	0.00
Payment of Dividends	-1,441	-1,239	-185	-1,832	-3,468	-
Issuance of Debt	15	3,880	271	1,394	3,655	0.00
Issuance of Common Equity	0.00	0.00	1,750	64	64	0.00
Other Financing Activities, net	0.00	0.00	-258	-1,106	349	-

This table details how cash moves in and out of Constellation Energy's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Change in Cash & Equivalents	-1,337	-85	1,610	990	160	-741	1,995	349	132	-775	377
Net Cash From Operating Activities	107	-1,016	-112	-613	-723	-3,182	-993	-192	-934	-2,422	-1,194
Net Cash From Continuing Operating Activities	107	-1,016	-112	-581	-755	-3,182	-993	-192	-934	-2,422	-1,194
Net Income / (Loss) Continuing Operations	129	850	1,196	809	883	-39	690	824	102	28	-193
Consolidated Net Income / (Loss)	129	850	1,196	809	883	-39	690	824	102	28	-193
Depreciation Expense	640	651	661	694	694	674	621	614	605	617	603
Non-Cash Adjustments To Reconcile Net Income	297	84	-240	116	-238	-206	122	-478	-177	-309	83
Changes in Operating Assets and Liabilities, net	-959	-2,601	-1,729	-2,200	-2,094	-3,611	-2,426	-1,152	-1,464	-2,758	-1,687
Net Cash From Investing Activities	-886	2,372	2,406	1,820	830	852	2,008	-48	219	1,233	1,170
Net Cash From Continuing Investing Activities	-886	2,404	2,406	1,820	830	2,542	2,008	-48	219	1,262	1,170
Purchase of Property, Plant & Equipment	-806	-729	-552	-546	-738	-687	-399	-676	-660	-599	-290
Acquisitions	-5.00	-	-7.00	-1.00	-14	-	-1.00	-3.00	-17	-	-
Purchase of Investments	-2,152	-1,142	-2,097	-1,196	-1,847	-1,676	-1,171	-1,173	-2,030	-1,059	-889
Sale and/or Maturity of Investments	2,084	1,071	2,044	1,111	1,779	1,601	1,105	1,139	1,977	1,016	846
Other Investing Activities, net	-7.00	3,182	3,018	2,459	1,643	3,283	2,474	689	925	1,945	1,501
Net Cash From Financing Activities	-408	-109	-795	-1,469	84	807	637	229	523	414	401
Net Cash From Continuing Financing Activities	-558	-1,439	-684	-249	85	-101	980	589	847	414	401
Repayment of Debt	-286	-18	-204	-234	-405	18	-13	-79	-252	456	186
Payment of Dividends	-272	-	-	-	-610	-	-	-	-	-46	-46
Issuance of Debt	0.00	20	-480	-625	1,100	1,120	993	668	1,099	262	3.00

This table presents Constellation Energy's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020
Total Assets	52,926	50,758	46,909	48,086	0.00
Total Current Assets	10,776	8,299	9,360	7,981	0.00
Cash & Equivalents	3,022	368	422	504	0.00
Restricted Cash	107	86	106	72	0.00
Accounts Receivable	3,718	2,851	3,316	2,421	0.00
Inventories, net	1,600	1,500	1,505	1,004	0.00
Other Current Assets	2,329	3,494	4,011	3,696	0.00
Plant, Property, & Equipment, net	21,235	22,116	19,822	19,612	0.00
Total Noncurrent Assets	20,915	20,343	17,727	40,986	0.00
Long-Term Investments	640	563	202	174	0.00
Goodwill	420	425	47	-	-
Noncurrent Deferred & Refundable Income Taxes	0.00	52	44	32	0.00
Other Noncurrent Operating Assets	19,855	19,303	17,434	39,097	0.00
Total Liabilities & Shareholders' Equity	52,926	50,758	46,909	48,086	0.00
Total Liabilities	39,387	39,472	35,537	36,472	0.00
Total Current Liabilities	6,846	6,319	7,839	7,996	0.00
Short-Term Debt	1,028	1,765	1,302	3,302	0.00
Accounts Payable	3,943	2,612	3,734	1,888	0.00
Other Current Liabilities	1,875	1,942	2,803	2,069	0.00
Total Noncurrent Liabilities	32,541	33,153	27,698	52,058	0.00
Long-Term Debt	7,384	7,496	4,466	4,575	0.00
Asset Retirement Reserve & Litigation Obligation	13,815	15,414	13,929	14,029	0.00
Noncurrent Deferred & Payable Income Tax Liabilities	3,331	3,209	3,031	3,703	0.00
Noncurrent Employee Benefit Liabilities	1,875	1,802	1,214	847	0.00
Other Noncurrent Operating Liabilities	6,136	5,232	5,058	5,322	0.00
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	13,583	11,374	11,414	11,614	0.00
Total Preferred & Common Equity	12,302	10,107	10,152	11,987	0.00
Total Common Equity	13,210	11,013	11,060	11,987	0.00
Common Stock	10,538	11,537	12,408	11,250	0.00
Retained Earnings	4,066	761	-496	768	0.00
Accumulated Other Comprehensive Income / (Loss)	-2,302	-2,191	-1,760	-31	0.00
Noncontrolling Interest	373	361	354	11,614	-

This table presents Constellation Energy's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Total Assets	52,252	52,926	51,834	51,340	52,014	50,758	48,965	46,559	1,679	46,909	46,616
Total Current Assets	9,631	10,776	9,270	7,852	8,460	8,299	9,902	7,575	16,233	9,360	9,853
Cash & Equivalents	1,846	3,022	1,793	311	562	368	1,889	269	-	422	1,192
Restricted Cash	96	107	89	72	83	86	88	56	-	106	111
Accounts Receivable	3,637	3,718	1,765	2,211	2,327	2,851	2,264	1,952	1,071	3,316	2,398
Inventories, net	1,502	1,600	1,472	1,442	1,385	1,500	1,422	1,387	518	1,505	1,464
Other Current Assets	2,550	2,329	4,151	3,816	4,103	3,494	4,239	3,911	-	4,011	4,688
Plant, Property, & Equipment, net	21,566	21,235	20,892	21,973	22,446	22,116	20,849	20,239	0.00	19,822	19,705
Total Noncurrent Assets	21,055	20,915	21,672	21,515	21,108	20,343	18,214	18,745	90	17,727	17,058
Long-Term Investments	386	640	494	584	623	563	727	647	-	202	193
Goodwill	420	420	420	420	425	425	-	-	-	47	-
Other Noncurrent Operating Assets	20,249	19,855	20,723	20,486	20,022	19,303	17,444	18,055	-	17,434	16,842
Total Liabilities & Shareholders' Equity	52,252	52,926	51,834	51,340	52,014	50,758	48,965	46,559	92,333	46,909	46,616
Total Liabilities	38,918	39,387	38,893	39,559	40,454	39,472	36,965	34,947	10,981	35,537	35,447
Total Current Liabilities	6,545	6,846	5,452	5,801	5,922	6,319	5,263	5,225	5,941	7,839	7,887
Short-Term Debt	1,037	1,028	1,034	1,715	1,631	1,765	643	1,045	1,410	1,302	874
Accounts Payable	3,614	3,943	2,685	2,422	2,417	2,612	3,569	1,260	3,101	3,734	2,639
Other Current Liabilities	1,894	1,875	1,733	1,664	1,874	1,942	2,368	2,176	-	2,803	3,483
Total Noncurrent Liabilities	32,373	32,541	33,441	33,758	34,532	33,153	31,702	29,722	5,040	27,698	27,560
Long-Term Debt	7,321	7,384	7,378	7,409	8,352	7,496	7,512	6,156	-	4,466	4,480
Asset Retirement Reserve & Litigation Obligation	13,905	13,815	13,671	14,841	15,591	15,414	15,075	14,231	-	13,929	13,783
Noncurrent Deferred & Payable Income Tax Liabilities	3,226	3,331	3,554	3,377	3,208	3,209	3,208	3,203	-	3,031	2,647
Noncurrent Employee Benefit Liabilities	1,755	1,875	1,641	1,626	1,634	1,802	1,252	1,276	2,556	1,214	1,497
Other Noncurrent Operating Liabilities	6,166	6,136	7,197	6,505	5,747	5,232	4,655	4,856	2,484	5,058	5,153
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	13,427	13,583	13,007	11,876	11,658	11,374	12,108	11,721	-3,698	11,414	11,148
Total Preferred & Common Equity	12,141	12,302	11,729	10,613	10,390	10,107	10,868	10,460	-3,698	10,152	9,874
Total Common Equity	13,049	13,210	12,636	11,520	11,297	11,013	11,774	11,365	-3,698	11,060	10,782
Common Stock	10,388	10,538	10,538	10,538	11,038	11,537	11,778	12,012	-	12,408	12,326
Retained Earnings	4,062	4,066	3,325	2,236	1,532	761	887	248	-82	-496	-483
Accumulated Other Comprehensive Income / (Loss)	-2,309	-2,302	-2,134	-2,161	-2,180	-2,191	-1,797	-1,800	-3,616	-1,760	-1,969
Noncontrolling Interest	378	373	371	356	361	361	334	356	-	354	366

This table displays calculated financial ratios and metrics derived from Constellation Energy's official financial filings.

Metric	2024	2023	2022	2021	2020	2019
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019
Growth Metrics	-	-	-	-	-	-
Revenue Growth	-5.42%	1.96%	24.38%	11.62%	-6.98%	0.00%
EBITDA Growth	43.21%	152.43%	-57.19%	3.31%	24.43%	0.00%
EBIT Growth	74.50%	1,089.00%	-164.81%	-62.36%	-49.15%	0.00%
NOPAT Growth	245.14%	201.54%	108.52%	-7.56%	-81.41%	0.00%
Net Income Growth	137.03%	1,044.31%	-302.41%	-114.34%	-52.42%	0.00%
EPS Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Cash Flow Growth	53.52%	-125.29%	-75.86%	-329.11%	0.00%	0.00%
Free Cash Flow Firm Growth	338.73%	-198.37%	95.42%	-8,557.15%	0.00%	0.00%
Invested Capital Growth	-6.90%	19.01%	6.78%	0.00%	0.00%	0.00%
Revenue Q/Q Growth	-1.73%	-5.81%	7.96%	0.00%	0.00%	0.00%
EBITDA Q/Q Growth	9.10%	2.43%	0.28%	0.00%	0.00%	0.00%
EBIT Q/Q Growth	15.32%	2.53%	-8.18%	0.00%	0.00%	0.00%
NOPAT Q/Q Growth	45.08%	2.62%	-25.45%	0.00%	0.00%	0.00%
Net Income Q/Q Growth	162.41%	91.85%	-115.48%	0.00%	0.00%	0.00%
EPS Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Cash Flow Q/Q Growth	46.78%	-16.74%	-4.90%	0.00%	0.00%	0.00%
Free Cash Flow Firm Q/Q Growth	1,486.24%	-1,485.71%	0.00%	0.00%	0.00%	0.00%
Invested Capital Q/Q Growth	-4.19%	21.05%	9.51%	0.00%	0.00%	0.00%
Profitability Metrics	-	-	-	-	-	-
Gross Margin	25.42%	12.97%	8.92%	38.10%	45.55%	20.80%
EBITDA Margin	32.76%	21.64%	8.74%	25.39%	27.43%	20.51%
Operating Margin	18.47%	6.46%	2.03%	-1.76%	1.45%	6.99%
EBIT Margin	21.31%	11.55%	-1.19%	2.29%	6.78%	12.40%
Profit (Net Income) Margin	31.72%	12.66%	-1.37%	-0.42%	3.29%	6.43%
Tax Burden Percent	165.54%	128.89%	61.62%	-54.61%	69.26%	63.48%
Interest Burden Percent	89.92%	85.02%	186.25%	33.85%	70.08%	81.71%
Effective Tax Rate	17.14%	35.10%	0.00%	148.03%	29.78%	26.92%
Return on Invested Capital (ROIC)	19.12%	5.81%	2.18%	2.16%	0.00%	0.00%
ROIC Less NNEP Spread (ROIC-NNEP)	79.80%	37.89%	-13.37%	-11.11%	0.00%	0.00%
Return on Net Nonoperating Assets (RNNOA)	40.79%	21.87%	-5.08%	-3.59%	0.00%	0.00%
Return on Equity (ROE)	59.91%	27.68%	-2.90%	-1.43%	0.00%	0.00%
Cash Return on Invested Capital (CROIC)	26.27%	-11.55%	-4.38%	-197.84%	0.00%	0.00%
Operating Return on Assets (OROA)	9.69%	5.89%	-0.61%	1.87%	0.00%	0.00%
Return on Assets (ROA)	14.42%	6.46%	-0.70%	-0.35%	0.00%	0.00%
Return on Common Equity (ROCE)	58.15%	26.81%	-2.90%	-1.48%	0.00%	0.00%
Return on Equity Simple (ROE_SIMPLE)	60.77%	31.21%	-3.29%	-0.69%	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	3,606	1,045	347	166	180	967
NOPAT Margin	15.30%	4.19%	1.42%	0.85%	1.02%	5.11%
Net Nonoperating Expense Percent (NNEP)	-60.68%	-32.07%	15.55%	13.28%	0.00%	0.00%
Return On Investment Capital (ROIC_SIMPLE)	16.40%	5.06%	2.02%	-	-	-
Cost of Revenue to Revenue	74.58%	87.03%	91.08%	61.90%	54.45%	79.20%
SG&A Expenses to Revenue	0.00%	0.00%	0.18%	23.18%	29.36%	0.00%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	7.25%	6.62%	6.90%	39.86%	44.09%	13.81%
Earnings before Interest and Taxes (EBIT)	5,022	2,878	-291	449	1,193	2,346
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	7,722	5,392	2,136	4,989	4,829	3,881
Valuation Ratios	-	-	-	-	-	-
Price to Book Value (P/BV)	5.30	3.37	2.50	0.00	0.00	0.00
Price to Tangible Book Value (P/TBV)	5.47	3.50	2.51	0.00	0.00	0.00
Price to Revenue (P/Rev)	2.97	1.49	1.13	0.00	0.00	0.00
Price to Earnings (P/E)	18.66	22.84	0.00	0.00	0.00	0.00
Dividend Yield	0.63%	0.97%	0.67%	0.00%	0.00%	0.00%
Earnings Yield	5.36%	4.38%	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	4.12	2.34	2.01	0.00	0.00	0.00
Enterprise Value to Revenue (EV/Rev)	3.18	1.83	1.35	0.00	0.00	0.00
Enterprise Value to EBITDA (EV/EBITDA)	9.71	8.47	15.47	0.00	0.00	0.00
Enterprise Value to EBIT (EV/EBIT)	14.93	15.87	0.00	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	20.79	43.72	95.39	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	15.14	0.00	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-
Debt to Equity	0.62	0.81	0.51	0.68	0.00	0.00
Long-Term Debt to Equity	0.54	0.66	0.39	0.39	0.00	0.00
Financial Leverage	0.51	0.58	0.38	0.32	0.00	0.00
Leverage Ratio	4.15	4.29	4.13	4.14	0.00	0.00
Compound Leverage Factor	3.74	3.64	7.68	1.40	0.00	0.00
Debt to Total Capital	38.25%	44.88%	33.57%	40.41%	0.00%	0.00%
Short-Term Debt to Total Capital	4.67%	8.55%	7.58%	16.94%	0.00%	0.00%
Long-Term Debt to Total Capital	33.57%	36.33%	25.99%	23.47%	0.00%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	1.70%	1.75%	2.06%	59.59%	0.00%	0.00%
Common Equity to Total Capital	60.06%	53.37%	64.37%	61.50%	0.00%	0.00%
Debt to EBITDA	1.09	1.72	2.70	1.58	0.00	0.00
Net Debt to EBITDA	0.60	1.53	2.36	1.43	0.00	0.00
Long-Term Debt to EBITDA	0.96	1.39	2.09	0.92	0.00	0.00
Debt to NOPAT	2.33	8.86	16.65	47.40	0.00	0.00
Net Debt to NOPAT	1.29	7.89	14.54	42.89	0.00	0.00
Long-Term Debt to NOPAT	2.05	7.17	12.89	27.53	0.00	0.00
Altman Z-Score	2.02	1.31	0.99	0.00	0.00	0.00
Noncontrolling Interest Sharing Ratio	2.94%	3.14%	-0.08%	-3.21%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-
Current Ratio	1.57	1.31	1.19	1.00	0.00	0.00
Quick Ratio	0.98	0.51	0.48	0.37	0.00	0.00
Cash Flow Metrics	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	4,954	-2,075	-696	-15,202	180	0.00
Operating Cash Flow to CapEx	-96.06%	-218.87%	-139.31%	-296.67%	34.33%	0.00%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	-51.18	0.50	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	-4.51	1.64	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	-6.02	-3.13	0.00
Efficiency Ratios	-	-	-	-	-	-
Asset Turnover	0.45	0.51	0.51	0.82	0.00	0.00
Accounts Receivable Turnover	7.18	8.08	8.52	0.00	0.00	0.00
Inventory Turnover	11.34	14.43	17.74	0.00	0.00	0.00
Fixed Asset Turnover	1.09	1.19	1.24	0.00	0.00	0.00
Accounts Payable Turnover	5.36	6.83	7.92	0.00	0.00	0.00
Days Sales Outstanding (DSO)	50.87	45.17	42.84	0.00	0.00	0.00
Days Inventory Outstanding (DIO)	32.19	25.29	20.57	0.00	0.00	0.00
Days Payable Outstanding (DPO)	68.06	53.41	46.09	0.00	0.00	0.00
Cash Conversion Cycle (CCC)	15.00	17.05	17.32	0.00	0.00	0.00
Capital & Investment Metrics	-	-	-	-	-	-
Invested Capital	18,182	19,530	16,410	15,368	0.00	0.00
Invested Capital Turnover	1.25	1.39	1.54	2.56	0.00	0.00
Increase / (Decrease) in Invested Capital	-1,348	3,120	1,042	15,368	0.00	0.00
Enterprise Value (EV)	74,985	45,680	33,053	0.00	0.00	0.00
Market Capitalization	69,969	37,075	27,661	0.00	0.00	0.00
Book Value per Share	$42.24	$34.48	$33.82	$18.35	$0.00	$0.00
Tangible Book Value per Share	$40.89	$33.15	$33.68	$18.35	$0.00	$0.00
Total Capital	21,995	20,635	17,182	19,491	0.00	0.00
Total Debt	8,412	9,261	5,768	7,877	0.00	0.00
Total Long-Term Debt	7,384	7,496	4,466	4,575	0.00	0.00
Net Debt	4,643	8,244	5,038	7,127	0.00	0.00
Capital Expenditures (CapEx)	2,565	2,422	1,689	451	1,701	0.00
Debt-free, Cash-free Net Working Capital (DFCFNWC)	1,829	3,291	2,295	2,711	0.00	0.00
Debt-free Net Working Capital (DFNWC)	4,958	3,745	2,823	3,287	0.00	0.00
Net Working Capital (NWC)	3,930	1,980	1,521	-15	0.00	0.00
Net Nonoperating Expense (NNE)	-3,870	-2,109	681	249	-399	-250
Net Nonoperating Obligations (NNO)	4,599	8,156	4,996	3,754	0.00	0.00
Total Depreciation and Amortization (D&A)	2,700	2,514	2,427	4,540	3,636	1,535
Debt-free, Cash-free Net Working Capital to Revenue	7.76%	13.21%	9.39%	13.80%	0.00%	0.00%
Debt-free Net Working Capital to Revenue	21.04%	15.03%	11.55%	16.73%	0.00%	0.00%
Net Working Capital to Revenue	16.68%	7.95%	6.22%	-0.08%	0.00%	0.00%
Earnings Adjustments	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic Shares Outstanding	312.85M	316.67M	327.13M	653.33M	0.00	0.00
Adjusted Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Diluted Shares Outstanding	312.85M	316.67M	327.13M	653.33M	0.00	0.00
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	312.85M	316.67M	327.13M	653.33M	0.00	0.00
Normalized Net Operating Profit after Tax (NOPAT)	3,606	1,045	347	-383	172	947
Normalized NOPAT Margin	15.30%	4.19%	1.42%	-1.95%	0.98%	5.01%
Pre Tax Income Margin	19.16%	9.82%	-2.22%	0.77%	4.75%	10.13%
Debt Service Ratios	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	1.51	3.34	5.47
NOPAT to Interest Expense	0.00	0.00	0.00	0.56	0.50	2.25
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	-0.01	-1.42	5.47
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	-0.96	-4.26	2.25
Payout Ratios	-	-	-	-	-	-
Dividend Payout Ratio	19.28%	39.28%	-55.39%	-2,207.23%	598.96%	0.00%
Augmented Payout Ratio	19.28%	39.28%	-55.39%	-2,207.23%	598.96%	0.00%

This table displays calculated financial ratios and metrics derived from Constellation Energy's official financial filings.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	10.18%	-7.14%	7.18%	0.53%	-18.56%	-20.96%	0.99%	-0.35%	35.31%	32.58%	37.34%
EBITDA Growth	-49.87%	67.36%	53.50%	-4.66%	96.74%	15.46%	336.61%	746.64%	32.13%	0.73%	-83.02%
EBIT Growth	-74.72%	236.52%	83.42%	-13.19%	240.58%	33.65%	512.24%	433.51%	194.87%	-9.44%	-126.60%
NOPAT Growth	-43.75%	5,321.25%	41.60%	95.15%	4,814.98%	149.37%	2,724.45%	148.75%	-98.29%	-6,497.56%	-103.65%
Net Income Growth	-85.39%	198.31%	73.33%	-1.82%	765.69%	1,206.47%	457.51%	829.20%	-8.11%	-447.50%	-130.49%
EPS Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Cash Flow Growth	114.80%	68.07%	88.72%	-219.27%	22.59%	-31.38%	16.83%	-118.18%	-169.13%	-4.76%	-189.71%
Free Cash Flow Firm Growth	104.72%	174.57%	-348.84%	48.10%	-217.92%	-187.76%	97.36%	84.85%	259.77%	0.00%	0.00%
Invested Capital Growth	-4.49%	-6.90%	17.62%	11.75%	356.91%	19.01%	7.67%	18.09%	-151.25%	6.78%	0.00%
Revenue Q/Q Growth	26.12%	-17.83%	19.63%	-11.13%	6.30%	-5.15%	12.21%	-28.01%	3.16%	21.19%	10.72%
EBITDA Q/Q Growth	-41.44%	-34.77%	36.28%	-3.69%	95.50%	-40.18%	-15.36%	98.74%	14.73%	126.23%	64.13%
EBIT Q/Q Growth	-68.70%	-47.04%	62.03%	-5.87%	316.67%	-71.14%	-23.31%	269.28%	63.51%	189.03%	37.96%
NOPAT Q/Q Growth	-60.08%	-9.50%	15.40%	34.93%	3,747.40%	-97.64%	59.04%	3,298.25%	138.65%	-25.65%	-115.07%
Net Income Q/Q Growth	-97.19%	283.61%	47.84%	-8.38%	2,364.10%	122.90%	-16.26%	707.84%	264.29%	27.98%	-70.80%
EPS Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Cash Flow Q/Q Growth	110.53%	-807.14%	81.73%	15.21%	77.28%	-220.44%	-417.19%	79.44%	61.44%	-102.85%	-1,256.82%
Free Cash Flow Firm Q/Q Growth	-43.96%	230.22%	-51.48%	95.73%	-785.89%	-683.81%	82.48%	-109.69%	2,261.84%	92.82%	-0.64%
Invested Capital Q/Q Growth	6.50%	-4.19%	-4.82%	-1.66%	3.81%	21.05%	-9.57%	326.06%	-148.09%	9.51%	-0.81%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	35.42%	-34.97%	52.38%	58.14%	20.42%	-42.70%	44.90%	46.99%	5.34%	-12.42%	6.07%
EBITDA Margin	13.80%	29.73%	37.45%	32.88%	30.34%	16.49%	26.15%	34.67%	12.56%	11.29%	6.05%
Operating Margin	6.64%	18.06%	22.40%	20.09%	13.20%	-1.16%	15.99%	12.28%	0.41%	-2.33%	-0.68%
EBIT Margin	4.38%	17.63%	27.36%	20.20%	19.07%	4.87%	15.99%	23.39%	4.56%	2.88%	-3.92%
Profit (Net Income) Margin	1.90%	85.25%	18.26%	14.78%	14.33%	26.54%	11.29%	15.13%	1.35%	-1.90%	-3.19%
Tax Burden Percent	85.43%	534.11%	72.71%	83.92%	84.26%	1,075.52%	77.10%	70.37%	42.86%	-94.56%	61.86%
Interest Burden Percent	50.84%	90.52%	91.80%	87.16%	89.19%	50.71%	91.61%	91.92%	68.99%	69.67%	131.65%
Effective Tax Rate	14.57%	0.70%	27.29%	15.98%	15.74%	126.57%	22.91%	29.21%	55.04%	78.91%	0.00%
Return on Invested Capital (ROIC)	6.93%	22.42%	22.24%	21.04%	42.23%	0.43%	20.96%	13.93%	1.30%	-0.76%	-1.43%
ROIC Less NNEP Spread (ROIC-NNEP)	3.41%	79.22%	24.83%	19.42%	51.18%	23.54%	19.35%	21.05%	-53.57%	-3.11%	-10.00%
Return on Net Nonoperating Assets (RNNOA)	1.98%	40.49%	9.88%	11.67%	28.44%	13.59%	6.54%	8.97%	2.20%	-1.18%	-3.44%
Return on Equity (ROE)	8.91%	62.90%	32.13%	32.71%	70.66%	14.01%	27.50%	22.90%	3.49%	-1.94%	-4.87%
Cash Return on Invested Capital (CROIC)	21.22%	26.27%	-2.04%	0.39%	-130.36%	-11.55%	-0.84%	-14.74%	0.00%	-4.38%	0.00%
Operating Return on Assets (OROA)	2.03%	8.02%	13.02%	9.72%	16.70%	2.48%	8.85%	13.44%	4.96%	1.48%	-1.90%
Return on Assets (ROA)	0.88%	38.75%	8.69%	7.11%	12.55%	13.54%	6.25%	8.69%	1.47%	-0.98%	-1.55%
Return on Common Equity (ROCE)	8.64%	61.05%	31.23%	31.72%	67.46%	13.57%	26.67%	22.17%	3.31%	-1.94%	-4.71%
Return on Equity Simple (ROE_SIMPLE)	55.37%	0.00%	24.29%	22.08%	22.69%	0.00%	15.13%	7.28%	4.76%	0.00%	-1.57%
Net Operating Profit after Tax (NOPAT)	385	965	1,067	924	685	18	753	474	14	-36	-29
NOPAT Margin	5.68%	17.93%	16.28%	16.88%	11.12%	0.31%	12.33%	8.70%	0.18%	-0.49%	-0.47%
Net Nonoperating Expense Percent (NNEP)	3.52%	-56.81%	-2.59%	1.63%	-8.95%	-23.12%	1.61%	-7.12%	54.87%	2.35%	8.56%
Return On Investment Capital (ROIC_SIMPLE)	1.77%	4.39%	-	-	-	0.09%	-	-	-	-0.21%	-
Cost of Revenue to Revenue	64.58%	134.97%	47.62%	41.86%	79.58%	142.70%	55.10%	53.01%	94.66%	112.42%	93.93%
SG&A Expenses to Revenue	22.76%	0.00%	23.44%	30.05%	0.00%	0.00%	22.14%	27.12%	0.00%	0.00%	0.00%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	28.77%	-51.71%	29.98%	38.05%	7.22%	-41.08%	28.92%	34.70%	4.93%	-10.08%	6.74%
Earnings before Interest and Taxes (EBIT)	297	949	1,792	1,106	1,175	282	977	1,274	345	211	-237
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	937	1,600	2,453	1,800	1,869	956	1,598	1,888	950	828	366
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	4.83	5.30	6.43	5.47	5.21	3.37	2.96	2.59	0.00	2.50	2.47
Price to Tangible Book Value (P/TBV)	4.99	5.47	6.66	5.68	5.41	3.50	2.96	2.59	0.00	2.51	2.47
Price to Revenue (P/Rev)	2.61	2.97	3.39	2.68	2.50	1.49	1.32	1.11	0.96	1.13	1.18
Price to Earnings (P/E)	21.14	18.66	28.43	26.36	24.41	22.84	20.56	37.98	0.00	0.00	0.00
Dividend Yield	0.72%	0.63%	0.52%	0.63%	0.65%	0.97%	0.91%	0.93%	0.91%	0.67%	0.52%
Earnings Yield	4.73%	5.36%	3.52%	3.79%	4.10%	4.38%	4.86%	2.63%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	3.59	4.12	4.62	3.59	3.35	2.34	2.52	2.02	0.00	2.01	2.06
Enterprise Value to Revenue (EV/Rev)	2.87	3.18	3.66	3.04	2.89	1.83	1.53	1.36	1.01	1.35	1.37
Enterprise Value to EBITDA (EV/EBITDA)	10.23	9.71	12.39	11.49	10.76	8.47	7.71	8.92	11.30	15.47	14.51
Enterprise Value to EBIT (EV/EBIT)	16.77	14.93	20.14	20.21	18.32	15.87	14.46	22.59	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	21.09	20.79	35.29	32.96	39.12	43.72	39.87	117.89	419.71	95.39	66.49
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	16.52	15.14	0.00	973.56	0.00	0.00	0.00	0.00	1.14	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.62	0.62	0.65	0.77	0.86	0.81	0.67	0.61	-0.38	0.51	0.48
Long-Term Debt to Equity	0.55	0.54	0.57	0.62	0.72	0.66	0.62	0.53	0.00	0.39	0.40
Financial Leverage	0.58	0.51	0.40	0.60	0.56	0.58	0.34	0.43	-0.04	0.38	0.34
Leverage Ratio	4.16	4.15	4.01	4.15	6.75	4.29	4.11	3.98	6.20	4.13	4.18
Compound Leverage Factor	2.11	3.76	3.68	3.62	6.02	2.17	3.77	3.66	4.28	2.87	5.50
Debt to Total Capital	38.37%	38.25%	39.27%	43.45%	46.13%	44.88%	40.25%	38.06%	-61.63%	33.57%	32.44%
Short-Term Debt to Total Capital	4.76%	4.67%	4.83%	8.17%	7.54%	8.55%	3.17%	5.52%	-61.63%	7.58%	5.30%
Long-Term Debt to Total Capital	33.61%	33.57%	34.45%	35.28%	38.59%	36.33%	37.07%	32.53%	0.00%	25.99%	27.15%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	1.74%	1.70%	1.73%	1.70%	1.67%	1.75%	1.65%	1.88%	0.00%	2.06%	2.22%
Common Equity to Total Capital	59.90%	60.06%	58.99%	54.86%	52.20%	53.37%	58.11%	60.06%	161.63%	64.37%	65.34%
Debt to EBITDA	1.23	1.09	1.19	1.47	1.58	1.72	1.55	1.79	0.60	2.70	2.51
Net Debt to EBITDA	0.89	0.60	0.85	1.31	1.38	1.53	1.04	1.54	0.60	2.36	1.81
Long-Term Debt to EBITDA	1.08	0.96	1.04	1.19	1.32	1.39	1.43	1.53	0.00	2.09	2.10
Debt to NOPAT	2.54	2.33	3.38	4.20	5.75	8.86	8.01	23.59	22.14	16.65	11.52
Net Debt to NOPAT	1.83	1.29	2.43	3.76	5.02	7.89	5.35	20.41	22.14	14.54	8.30
Long-Term Debt to NOPAT	2.22	2.05	2.97	3.41	4.81	7.17	7.38	20.17	0.00	12.89	9.64
Altman Z-Score	1.63	1.77	2.01	1.59	1.50	1.14	1.31	1.23	25.08	1.03	0.96
Noncontrolling Interest Sharing Ratio	2.95%	2.94%	2.81%	3.02%	4.54%	3.14%	3.01%	3.22%	5.11%	-0.08%	3.28%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.47	1.57	1.70	1.35	1.43	1.31	1.88	1.45	2.73	1.19	1.25
Quick Ratio	0.84	0.98	0.65	0.43	0.49	0.51	0.79	0.43	0.18	0.48	0.46
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	1,296	2,313	-1,776	-1,173	-27,482	-3,102	-396	-2,259	23,306	-1,078	-15,014
Operating Cash Flow to CapEx	13.28%	-139.37%	-20.29%	-112.27%	-98.91%	-463.17%	-248.87%	-28.40%	-146.86%	-404.34%	-414.58%
Free Cash Flow to Firm to Interest Expense	8.88	0.00	-12.08	-8.26	-216.39	0.00	-4.83	-21.94	217.81	0.00	-200.18
Operating Cash Flow to Interest Expense	0.73	0.00	-0.76	-4.32	-5.69	0.00	-12.11	-1.86	-8.73	0.00	-15.92
Operating Cash Flow Less CapEx to Interest Expense	-4.79	0.00	-4.52	-8.16	-11.45	0.00	-16.98	-8.43	-14.67	0.00	-19.76
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.46	0.45	0.48	0.48	0.88	0.51	0.55	0.57	1.09	0.51	0.49
Accounts Receivable Turnover	8.11	7.18	11.90	11.31	13.84	8.08	11.35	12.96	15.80	8.52	9.44
Inventory Turnover	12.85	11.34	8.92	9.30	14.44	14.43	15.01	17.31	29.92	17.74	10.33
Fixed Asset Turnover	1.10	1.09	1.15	1.12	0.00	1.19	1.30	1.32	0.00	1.24	1.15
Accounts Payable Turnover	6.15	5.36	4.13	7.14	4.98	6.83	6.98	13.88	10.43	7.92	5.73
Days Sales Outstanding (DSO)	44.99	50.87	30.66	32.27	26.37	45.17	32.16	28.15	23.10	42.84	38.66
Days Inventory Outstanding (DIO)	28.41	32.19	40.94	39.27	25.27	25.29	24.32	21.08	12.20	20.57	35.34
Days Payable Outstanding (DPO)	59.35	68.06	88.48	51.11	73.28	53.41	52.31	26.31	35.00	46.09	63.70
Cash Conversion Cycle (CCC)	14.05	15.00	-16.87	20.43	-21.63	17.05	4.17	22.93	0.30	17.32	10.30
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	19,364	18,182	18,977	19,938	20,275	19,530	16,134	17,841	-7,892	16,410	14,985
Invested Capital Turnover	1.22	1.25	1.37	1.25	3.80	1.39	1.70	1.60	7.04	1.54	3.02
Increase / (Decrease) in Invested Capital	-911	-1,348	2,843	2,097	28,167	3,120	1,149	2,733	-23,292	1,042	14,985
Enterprise Value (EV)	69,487	74,985	87,712	71,528	67,914	45,680	40,597	35,980	26,736	33,053	30,903
Market Capitalization	63,079	69,969	81,305	63,015	58,838	37,075	34,812	29,395	25,326	27,661	26,679
Book Value per Share	$41.71	$42.24	$40.41	$36.54	$35.84	$34.48	$36.61	$35.03	($11.30)	$33.82	$32.99
Tangible Book Value per Share	$40.37	$40.89	$39.07	$35.21	$34.49	$33.15	$36.61	$35.03	($11.30)	$33.68	$32.99
Total Capital	21,785	21,995	21,419	21,000	21,641	20,635	20,263	18,922	-2,288	17,182	16,502
Total Debt	8,358	8,412	8,412	9,124	9,983	9,261	8,155	7,201	1,410	5,768	5,354
Total Long-Term Debt	7,321	7,384	7,378	7,409	8,352	7,496	7,512	6,156	0.00	4,466	4,480
Net Debt	6,030	4,643	6,036	8,157	8,715	8,244	5,451	6,229	1,410	5,038	3,858
Capital Expenditures (CapEx)	806	729	552	546	731	687	399	676	636	599	288
Debt-free, Cash-free Net Working Capital (DFCFNWC)	2,181	1,829	2,970	3,383	3,524	3,291	3,305	3,070	11,702	2,295	1,537
Debt-free Net Working Capital (DFNWC)	4,123	4,958	4,852	3,766	4,169	3,745	5,282	3,395	11,702	2,823	2,840
Net Working Capital (NWC)	3,086	3,930	3,818	2,051	2,538	1,980	4,639	2,350	10,292	1,521	1,966
Net Nonoperating Expense (NNE)	256	-3,623	-129	115	-198	-1,520	63	-350	-88	103	164
Net Nonoperating Obligations (NNO)	5,937	4,599	5,970	8,062	8,617	8,156	4,026	6,120	-4,194	4,996	3,837
Total Depreciation and Amortization (D&A)	640	651	661	694	694	674	621	614	605	617	603
Debt-free, Cash-free Net Working Capital to Revenue	9.01%	7.76%	12.38%	14.37%	14.99%	13.21%	12.49%	11.63%	44.30%	9.39%	6.79%
Debt-free Net Working Capital to Revenue	17.04%	21.04%	20.23%	16.00%	17.73%	15.03%	19.97%	12.86%	44.30%	11.55%	12.55%
Net Working Capital to Revenue	12.75%	16.68%	15.92%	8.71%	10.79%	7.95%	17.54%	8.90%	38.96%	6.22%	8.68%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic Shares Outstanding	313.42M	312.85M	312.77M	312.69M	315.23M	316.67M	319.38M	321.59M	324.41M	327.13M	327.02M
Adjusted Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Diluted Shares Outstanding	313.42M	312.85M	312.77M	312.69M	315.23M	316.67M	319.38M	321.59M	324.41M	327.13M	327.02M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	313.42M	312.85M	312.77M	312.69M	315.23M	316.67M	319.38M	321.59M	324.41M	327.13M	327.02M
Normalized Net Operating Profit after Tax (NOPAT)	385	965	1,065	924	685	-47	753	474	3.50	-120	-28
Normalized NOPAT Margin	5.68%	17.93%	16.26%	16.88%	11.12%	-0.81%	12.33%	8.70%	0.05%	-1.63%	-0.46%
Pre Tax Income Margin	2.22%	15.96%	25.11%	17.61%	17.01%	2.47%	14.65%	21.50%	3.15%	2.00%	-5.16%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	2.03	0.00	12.19	7.79	9.25	0.00	11.91	12.37	3.22	0.00	-3.16
NOPAT to Interest Expense	2.64	0.00	7.26	6.51	5.39	0.00	9.19	4.60	0.13	0.00	-0.38
EBIT Less CapEx to Interest Expense	-3.49	0.00	8.44	3.94	3.50	0.00	7.05	5.81	-2.72	0.00	-7.00
NOPAT Less CapEx to Interest Expense	-2.88	0.00	3.50	2.66	-0.36	0.00	4.32	-1.96	-5.81	0.00	-4.22
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	16.41%	19.28%	0.00%	0.00%	0.00%	39.28%	0.00%	0.00%	0.00%	-55.39%	-385.81%
Augmented Payout Ratio	16.41%	19.28%	0.00%	0.00%	0.00%	39.28%	0.00%	0.00%	0.00%	-55.39%	-385.81%

Frequently Asked Questions About Constellation Energy's Financials

When does Constellation Energy's fiscal year end?

According to the most recent income statement we have on file, Constellation Energy's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has Constellation Energy's net income changed over the last 5 years?

Constellation Energy's net income appears to be on an upward trend, with a most recent value of $7.48 billion in 2024, rising from $1.22 billion in 2019. The previous period was $3.15 billion in 2023. View Constellation Energy's forecast to see where analysts expect Constellation Energy to go next.

What is Constellation Energy's operating income?

Constellation Energy's total operating income in 2024 was $4.35 billion, based on the following breakdown:

Total Gross Profit: $5.99 billion
Total Operating Expenses: $1.71 billion

How has Constellation Energy revenue changed over the last 5 years?

Over the last 5 years, Constellation Energy's total revenue changed from $18.92 billion in 2019 to $23.57 billion in 2024, a change of 24.5%.

How much debt does Constellation Energy have?

Constellation Energy's total liabilities were at $39.39 billion at the end of 2024, a 0.2% decrease from 2023, and a 3,938,700,000,000.0% increase since 2020.

How much cash does Constellation Energy have?

In the past 4 years, Constellation Energy's cash and equivalents has ranged from $0.00 in 2020 to $3.02 billion in 2024, and is currently $3.02 billion as of their latest financial filing in 2024.

How has Constellation Energy's book value per share changed over the last 5 years?

Over the last 5 years, Constellation Energy's book value per share changed from 0.00 in 2019 to 42.24 in 2024, a change of 4,223.6%.

Related Companies

This page (NASDAQ:CEG) was last updated on 5/29/2025 by MarketBeat.com Staff

From Our Partners

Get 30 Days of MarketBeat All Access for Free

Start Your 30-Day Trial

In-depth profiles and analysis for 20,000 public companies.
Real-time analyst ratings, insider transactions, earnings data, and more.
Our daily ratings and market update email newsletter.

Sign In
Create Account

Your Email Address:

Your Password:

Forgot your password?

Your Email Address:

Choose a Password:

By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Constellation Energy (CEG) Financials

Frequently Asked Questions About Constellation Energy's Financials

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools

About MarketBeat

MarketBeat Products

Popular Tools

Financial Calendars

Terms & Info

Constellation Energy (CEG) Financials

Annual Income Statements for Constellation Energy

Quarterly Income Statements for Constellation Energy

Annual Cash Flow Statements for Constellation Energy

Quarterly Cash Flow Statements for Constellation Energy

Annual Balance Sheets for Constellation Energy

Quarterly Balance Sheets for Constellation Energy

Annual Metrics And Ratios for Constellation Energy

Quarterly Metrics And Ratios for Constellation Energy

Frequently Asked Questions About Constellation Energy's Financials

MarketBeat All Access Features

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools