Company Analysis

Constellation Energy Corporation (CEG)

Nasdaq: CEG · Electric Services · Baltimore, MD · filing with the SEC since 2021
Grade6.4
◀ Past 7.4● Present 6.3▶ Future 5.8
1 est.

The grade of Constellation Energy Corporation

Nine metrics read from its own filings, by tense
Headline grade
6.4/10
◀ Past7.425% of the headline
● Present6.345% of the headline
▶ Future5.830% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

Of the nine metrics, 8 read as filed from the record and 1 is an SI estimate, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

7.4/1025% of the headline grade · 3 of 3 filed

Surviving crises

as filed
6.6/10

Has it survived what it has been through?

No warning events in its filings since 2021.

weight 45% of this tense · 66th percentile among 59 sector filers · read for itself

From the record

Constellation Energy Corporation's filings since 2021 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
6.2/10

What has it actually done, year after year?

+7.7% a year over 6 filed years; profitable in 4 of 6.

weight 22% of this tense · 62nd percentile among 51 sector filers · read for its customers

From the record

Constellation Energy Corporation's 6 filed years say what it did: revenue went from $18 billion in fiscal 2020 to $26 billion in fiscal 2025, up 7.7% a year; it rose in 4 of 5 years; the deepest fall was 5% from fiscal 2023 to fiscal 2024; net income was positive in 4 of 6 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span7.7%top 25% of its family
  • the share of years revenue rosetop 23% of its family
  • the share of filed years with a profitbottom 27% of its family
  • the deepest fall from a revenue peak5.4%top 32% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed
9.2/10

How has it treated the people who own it?

Share count shrank 1.5% a year. 48% of cash flow returned. Insiders: 0 sales, 1 purchases.

weight 33% of this tense · 92nd percentile among 39 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2025-12-31, Constellation Energy Corporation's diluted share count shrank about 1.5% a year, and dividends and buybacks returned about 48% of its net income over 3 years (its filed statements). Its officers and directors filed 0 sales and 1 purchase of their own stock on the open market in the year to 2026-10-02, buying about $418 thousand (their Form 4 filings).

What it rests on

  • the share count over the yearstop 10% of its family
  • cash returned against operating cash flowtop 7% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

6.3/1045% of the headline grade · 2 of 3 filed, 1 estimated

Financial health

as filed
6.9/10

Is it financially healthy right now?

ROE 16%: 16¢ of profit per shareholder dollar. Leverage 74%: owes 74¢ per asset dollar.

weight 45% of this tense · 69th percentile among 53 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, Constellation Energy Corporation earned about 16 cents of profit for every dollar of shareholders' money. Leverage: it owed about 74 cents per dollar of assets, and net share issuance: its share count shrank 0.3% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetsbottom 44% of its family
  • return on equitytop 16% of its family
  • the share count against the year beforetop 21% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
5.7/10

How strong is its position in its industry?

top 43% of 52 in its family; net margin 9.1%.

weight 33% of this tense · 57th percentile among 52 sector filers · read for its customers

From the record

Constellation Energy Corporation's standing among 52 graded names in its industry family: revenue of $26 billion in fiscal 2025 ranks in the top 9% by size; a net margin of 9.1% ranks in the bottom 49%; revenue growth of 1.5% a year over the last 3 filed years ranks in the bottom 32% (its annual reports).

What it rests on

  • revenue against the family$25.53Btop 9% of its family
  • net margin9.1%bottom 49% of its family
  • three-year revenue growth1.5%bottom 32% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

SI estimate
5.8/10

What are the people in charge doing?

SI estimate 5.8/10, confidence 35 of 100 (one part).

weight 22% of this tense · 58th percentile among 37 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
Read from one part only, officer and director changes on Form 8-K over three years, against the people in charge, which ranks in the top 42% of 37 in its family; the record of its people begins on 2022-02-10 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 4.8 years and cannot see past it; a floor under five years is not read as years in charge.
What the record cannot read
The record of its people begins on 2022-02-10 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 4.8 years and cannot see past it; a floor under five years is not read as years in charge.
How it was reasoned
one part: officer and director changes on Form 8-K, against the people in charge, the one part on file, ranked among 37 in its family.
Confidence
35 of 100
What would change it
A filing that carries the missing parts replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Constellation Energy Corporation's leadership is put at 5.8 of 10 with a confidence of 35 of 100, because read from one part only, officer and director changes on Form 8-K over three years, against the people in charge, which ranks in the top 42% of 37 in its family; the record of its people begins on 2022-02-10 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 4.8 years and cannot see past it; a floor under five years is not read as years in charge. A filing that carries the missing parts replaces this estimate with the filed reading.

▶ Future

What are they set up to do next?

5.8/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
6.6/10

How much room does it have to grow?

top 34% of 47 in its family for room to expand.

weight 22% of this tense · 66th percentile among 47 sector filers · read for itself

From the record

Constellation Energy Corporation's room to grow, from the newest filed statements (fiscal 2025): cash of $3.6 billion against debt of $7.3 billion leaves -6.3% of its assets as net cash, top 32% of its family; cash from operations less capital spending is 5% of revenue (top 35%) (its annual report).

What it rests on

  • cash less debt against assets-6.3%top 32% of its family
  • cash from operations less capital spending against revenue5.0%top 35% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
4.8/10

What could actually drive growth from here?

bottom 48% of 51 in its family for growth drivers.

weight 45% of this tense · 48th percentile among 51 sector filers · read for its customers

From the record

Constellation Energy Corporation's growth drivers, from the filed years to fiscal 2025: revenue grew 1.5% a year over the last three filed years against 7.7% over all 6, slowing (bottom 26% of its family); the newest year grew 8.3% (top 46%); capital spending grew 20.4% a year (top 35%) (its annual reports). Constellation Energy Corporation reported 5 lines of business in fiscal 2024: Constellation Mid Atlantic at $5.5 billion, Constellation Other Regions at $5.5 billion, Constellation Midwest at $4.8 billion, and 2 more. 4 of 5 grew in the latest filed year, and the largest line is 28% of revenue (its annual report).

What it rests on

  • three-year growth against the whole span-6.3 points a yearbottom 26% of its family
  • the newest year's revenue growth8.3%top 46% of its family
  • three-year growth of capital spending20.4%top 35% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
6.5/10

Did its newest year beat what its own record pointed to?

top 35% of 49 in its family for expectations against reality.

weight 33% of this tense · 65th percentile among 49 sector filers · read for its shareholders

From the record

Constellation Energy Corporation's newest year against its own record: revenue of $26 billion in fiscal 2025 came in 10.3% above the $23 billion its prior three years' pace pointed to (top 27% of its family); net income of $2.3 billion against a prior three-year average of $1.7 billion (top 38%); a net margin of 9.1% against 7.3% before (top 40%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace10.3%top 27% of its family
  • net income against the prior three years' average+34%top 38% of its family
  • net margin against its prior average+1.8 pointstop 40% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton CEG · research, not advice