CEGConstellation Energy Corp
Electric Services
- Revenue
- $22.7B
- 20% YoY
- Operating margin
- 13.6%
- 41% YoY
- EBITDA
- $4.1B
- 26% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- 1.7×
- $6.7B net debt
- AI in 10-K
- —
Red flags 0 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear183% of net incomeCash flow under 80% of net income
- Dilutive SBCClear2% of revenueOver 10% of revenue
- Payouts exceed cash flowClear21% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear12% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $17.3B | $21.6B | $20.8B | $19.0B | $22.7B | 20% |
| Operating income | −$346M | $495M | $1.6B | $4.4B | $3.1B | 29% |
| Net income | −$205M | −$160M | $1.6B | $3.7B | $2.3B | 38% |
| Operating cash flow | −$1.3B | −$2.4B | −$5.3B | −$2.5B | $4.2B | 272% |
| Capex | $1.3B | $1.7B | $2.4B | $2.6B | $2.9B | 15% |
| Stock-based comp | $47M | $116M | $178M | $332M | $385M | 16% |
| Buybacks | $0 | $0 | $992M | $999M | $400M | 60% |
| Dividends | $0 | $185M | $366M | $444M | $486M | 9.5% |
Deal filings
None.
13D filers
None on file.
Insider trading
No open-market trades in the last 12 months.
Pay vs performance
No pay-versus-performance disclosure yet.