
GERMANY – 2026/01/21: In this photo illustration, the Constellation Energy Corporation logo seen displayed on a smartphone. (Photo Illustration by Igor Golovniov/SOPA Images/LightRocket via Getty Images)
SOPA Images/LightRocket via Getty Images
Constellation Energy’s stock (CEG) has not performed well in the last year, but how does it actually stack up against utility rivals expanding their operations as of January 23, 2026?
A detailed examination shows that CEG has a lower operating margin and negative free cash flow when compared to many competitors, accompanied by moderate revenue growth.
Its valuation seems somewhat elevated, presenting a higher PE ratio than most of its peers. The energy sector as a whole encounters challenges including rising electricity demand, increased capital spending, and regulatory hurdles, which may constrain near-term growth despite CEG’s solid earnings growth potential. See how CEG’s financials compares to its peers.
- Operating Margin: CEG’s 12.1% (lowest) compared to NEE’s 28.2% highlights NEE’s stable regulated utility/renewable energy framework versus CEG’s exposure to a competitive power market.
- Revenue Growth: CEG’s 3.6% (low) lags behind DUK/SO/VST/EXC (driven by rate base growth and mergers & acquisitions), but outshines NEE’s -6.9% decline due to project cycles.
- Stock: CEG’s -16.0% (PE 33.0) signifies market caution regarding merchant power volatility, despite the growing demand for its nuclear assets driven by AI.
Below is how Constellation Energy measures up in terms of size, valuation, and profitability against key competitors.
CEG Stock vs. Peers
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For further information regarding Constellation Energy, check out Buy or Sell CEG Stock. Below is a comparison of CEG’s growth, margin, and valuation with its peers over the years.
Revenue Growth Comparison
Revenue Growth Comparison
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Operating Margin Comparison
Operating Margin Comparison
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PE Ratio Comparison
PE Ratio Comparison
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