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CEG Constellation Energy Corp

Nasdaq, CIK 0001868275, fiscal year ends 12/31. Last price 253.45 on 2026-10-23, market value 89.8 billion dollars.

Machine-readable: CEG.json, CEG.md. Sections: Graham Defensive, Magic Formula, Momentum, Insider, Buffett Quality, Lynch GARP, Graham Enterprising, Piotroski F-Score, earnings record, insiders, filings and links.

PhilosophyScoreStatusCurrent inputs as ofHistory usedPriceVerificationRules
Graham Defensive 39
partial, missing 3, 5
partial: 3, 5 2025-12-31
stale: Revenue
2020–2025 2026-10-23 5 verified, 14 unverified method
Magic Formula n/a not scored — — — — method
Momentum 19 ok 2026-10-23 — 2026-10-23 — method
Insider 31 ok 2026-10-23 — — — method
Buffett Quality 29
partial, missing 2
partial: 2 2025-12-31
stale: debt_incl_current
2020–2025 2026-10-23 0 verified, 40 unverified method
Lynch GARP 28 ok 2025-12-31
stale: debt_incl_current
2020–2025 2026-10-23 0 verified, 6 unverified method
Graham Enterprising 44 ok 2025-12-31
stale: debt_incl_current
2020–2025 2026-10-23 0 verified, 12 unverified method
Piotroski F-Score 56 ok — 2024–2026 — 0 verified, 27 unverified method

Market value, source trail

market_value = traded_price (price date) / depositary_ratio x latest point-in-time SEC shares outstanding (share-count date shown; from the filing cover page, summed across share classes only where the issuer filing verifies the classes are economically equivalent (rule + evidence URL in the source text), else withheld; priced at the primary listed class, so where other classes trade at a different price the value is an approximation; restated only for issuer-verified splits after the count date); weighted-average share counts are never used

InputValueUnitPeriod / dateSource
Traded price253.45USD per traded unit (share or ADS)2026-10-23Yahoo Finance
SEC shares outstanding354,307,379underlying shares2026-07-31SEC cover page 10-Q 0001868275-26-000104 (354,307,379 shares (single class on cover)); filing document https://www.sec.gov/Archives/edgar/data/1868275/000186827526000104/ceg-20260630.htm 0001868275-26-000104
Depositary ratio1.0underlying shares per traded unit domestic 10-K filer; SEC shares are the traded units
Market value price date × latest reported shares89,799,205,208USD2026-10-23
shares at 2026-07-31
253.45 (price 2026-10-23) / 1 x 354,307,379 (shares at 2026-07-31) = 89,799,205,208

Graham Defensive

39 of 100. partial: 3, 5. How this is scored.

Test or factorValueThresholdPoints
1 Adequate size25.53 revenue $B>= 15.0 / 5
2 Debt <= 2x equity (utility rule)0.6<= 2.030.0 / 30
3 Positive earnings each of 10 years6 years reported missing 2016, 2017, 2018, 201910 of 10None / 15
4 Dividends every year for 20 years4 of 20 missing 2006, 2007, 2008, 2009, 2010, 2011, 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020, 2021 XBRL check: 4 years agree, 16 unverified20 of 203.0 / 15
5 EPS growth, 3-yr avg now vs 10 yrs ago— missing 2014, 2015, 2016>= +33%None / 10
6 P/E on 3-year average EPS31.3<= 150.0 / 15
7 P/B <= 1.5, or P/E x P/B <= 22.5P/B 2.81, product 87.9<= 1.5 or <= 22.51.3 / 10
Inputs, 21 numbers with their sources
InputValuePeriodSourceCheck
Price (close, per traded unit)253.452026-10-23Alpaca Market Data (consolidated SIP daily bar)not cross-checked
Revenue25533000000.02025-12-31 staleSEC XBRL Revenues 0001868275-26-000032unverified
current_assets18965000000.02026-06-30SEC XBRL AssetsCurrent 0001868275-26-000104unverified
current_liabilities13032000000.02026-06-30SEC XBRL LiabilitiesCurrent 0001868275-26-000104unverified
lt_debt19111000000.02026-06-30SEC XBRL LongTermDebtNoncurrent 0001868275-26-000104unverified
equity31977000000.02026-06-30SEC XBRL StockholdersEquity 0001868275-26-000104unverified
Net income FY2020589000000.02020-12-31 historySEC XBRL NetIncomeLoss 0001868275-23-000014unverified
Net income FY2021-205000000.02021-12-31 historySEC XBRL NetIncomeLoss 0001868275-24-000014unverified
Net income FY2022-160000000.02022-12-31 historySEC XBRL NetIncomeLoss 0001868275-25-000023unverified
Net income FY20231623000000.02023-12-31 historySEC XBRL NetIncomeLoss 0001868275-26-000032unverified
Net income FY20243749000000.02024-12-31 historySEC XBRL NetIncomeLoss 0001868275-26-000032unverified
Net income FY20252319000000.02025-12-31 historySEC XBRL NetIncomeLoss 0001868275-26-000032unverified
Dividend years (Yahoo)[2022, 2023, 2024, 2025, 2026] historyYahoo Finance dividend historyverified (partly: XBRL covers 4 of 20 years)
Dividends per share FY2022 (XBRL)0.1412022-12-31 historySEC XBRL CommonStockDividendsPerShareDeclared 0001868275-24-000014verified
Dividends per share FY2023 (XBRL)0.2822023-12-31 historySEC XBRL CommonStockDividendsPerShareDeclared 0001868275-26-000032verified
Dividends per share FY2024 (XBRL)0.35252024-12-31 historySEC XBRL CommonStockDividendsPerShareDeclared 0001868275-26-000032verified
Dividends per share FY2025 (XBRL)0.38782025-12-31 historySEC XBRL CommonStockDividendsPerShareDeclared 0001868275-26-000032verified
EPS diluted FY20235.012023-12-31 historySEC XBRL EarningsPerShareDiluted 0001868275-26-000032unverified
EPS diluted FY202411.892024-12-31 historySEC XBRL EarningsPerShareDiluted 0001868275-26-000032unverified
EPS diluted FY20257.42025-12-31 historySEC XBRL EarningsPerShareDiluted 0001868275-26-000032unverified
Shares outstanding354307379.02026-07-31SEC cover page 10-Q 0001868275-26-000104 (354,307,379 shares (single class on cover)); filing document https://www.sec.gov/Archives/edgar/data/1868275/000186827526000104/ceg-20260630.htm 0001868275-26-000104not cross-checked

Magic Formula

not scored. How this is scored.

not scored.

Momentum

19 of 100. ok. How this is scored.

Test or factorValueThresholdPoints
12-1 month return-27.5 % (percentile 8.7)4.3 / 50
6 month return-13.2 % (percentile 16.9)3.4 / 20
Price / 52-week high0.6359.5 / 15
Volatility penalty (60d annualised)47.8 %2.0 / 15
Inputs, 1 numbers with their sources
InputValuePeriodSourceCheck
Adjusted close series (14 months)253.452026-10-23Yahoo Finance / Alpaca Market Data daily historynot cross-checked

Insider

31 of 100. ok. How this is scored. Form 4 data loaded through 2026-10-23

Test or factorValueThresholdPoints
Open-market buy value / market cap (percentile among buyers)0.05 bp12.9 / 35
Distinct buyers16.2 / 25
Buyer seniority0.510.0 / 20
Recency (half-life 30d)0.171.7 / 10
Sales penalty (excludes 10b5-1 plan sales)0.0 bp-0.0 / 0
Inputs, 1 numbers with their sources
InputValuePeriodSourceCheck
Form 4 P CRANDALL ROGER W 2026-08-11417930.02026-08-11SEC Form 4 (insider transactions data set)not cross-checked

Buffett Quality

29 of 100. partial: 2. How this is scored.

Test or factorValueThresholdPoints
1 Average return on equity (net income / year-end equity)10.0% over 6 yrs>= 15%7.2 / 25
2 Profitable every year needs at least 7 years of net income6 years reportedall yearsNone / 15
3 Net income growth, 3-yr average now vs start of window+225.0% a year>= +10%10.0 / 10
4 Borrowings / 3-yr average earnings (years to repay) LongTermDebt (incl. current maturities) + short-term borrowings4.9 years<= 411.5 / 15
5 Operating margin, 5-yr average7.5%>= 20%0.0 / 10
6 Free cash flow / net income, 5-yr (operating cash flow minus capex)-2.48>= 1.00.0 / 10
7 Owner-earnings yield (3-yr avg free cash flow / market cap)-4.3%>= 7%0.0 / 15
Inputs, 42 numbers with their sources
InputValuePeriodSourceCheck
Price (close, per traded unit)253.452026-10-23Alpaca Market Data (consolidated SIP daily bar)not cross-checked
Net income FY2020589000000.02020-12-31 historySEC XBRL NetIncomeLoss 0001868275-23-000014unverified
Equity at FY2020 end14676000000.02020-12-31 historySEC XBRL StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest 0001868275-24-000014unverified
Net income FY2021-205000000.02021-12-31 historySEC XBRL NetIncomeLoss 0001868275-24-000014unverified
Equity at FY2021 end11219000000.02021-12-31 historySEC XBRL StockholdersEquity 0001868275-23-000014unverified
Net income FY2022-160000000.02022-12-31 historySEC XBRL NetIncomeLoss 0001868275-25-000023unverified
Equity at FY2022 end11018000000.02022-12-31 historySEC XBRL StockholdersEquity 0001868275-24-000014unverified
Net income FY20231623000000.02023-12-31 historySEC XBRL NetIncomeLoss 0001868275-26-000032unverified
Equity at FY2023 end10925000000.02023-12-31 historySEC XBRL StockholdersEquity 0001868275-25-000023unverified
Net income FY20243749000000.02024-12-31 historySEC XBRL NetIncomeLoss 0001868275-26-000032unverified
Equity at FY2024 end13166000000.02024-12-31 historySEC XBRL StockholdersEquity 0001868275-26-000032unverified
Net income FY20252319000000.02025-12-31 historySEC XBRL NetIncomeLoss 0001868275-26-000032unverified
Equity at FY2025 end14517000000.02025-12-31 historySEC XBRL StockholdersEquity 0001868275-26-000104unverified
Net income FY2020589000000.02020-12-31 historySEC XBRL NetIncomeLoss 0001868275-23-000014unverified
Net income FY2021-205000000.02021-12-31 historySEC XBRL NetIncomeLoss 0001868275-24-000014unverified
Net income FY2022-160000000.02022-12-31 historySEC XBRL NetIncomeLoss 0001868275-25-000023unverified
Net income FY20231623000000.02023-12-31 historySEC XBRL NetIncomeLoss 0001868275-26-000032unverified
Net income FY20243749000000.02024-12-31 historySEC XBRL NetIncomeLoss 0001868275-26-000032unverified
Net income FY20252319000000.02025-12-31 historySEC XBRL NetIncomeLoss 0001868275-26-000032unverified
debt_incl_current7403000000.02025-12-31 staleSEC XBRL LongTermDebt 0001868275-26-000032unverified
debt_short5226000000.02026-06-30SEC XBRL ShortTermBorrowings 0001868275-26-000104unverified
Operating income FY2021-346000000.02021-12-31 historySEC XBRL OperatingIncomeLoss 0001868275-24-000014unverified
Revenue FY202119649000000.02021-12-31 historySEC XBRL Revenues 0001868275-24-000014unverified
Operating income FY2022495000000.02022-12-31 historySEC XBRL OperatingIncomeLoss 0001868275-25-000023unverified
Revenue FY202224440000000.02022-12-31 historySEC XBRL Revenues 0001868275-25-000023unverified
Operating income FY20231610000000.02023-12-31 historySEC XBRL OperatingIncomeLoss 0001868275-26-000032unverified
Revenue FY202324918000000.02023-12-31 historySEC XBRL Revenues 0001868275-26-000032unverified
Operating income FY20244352000000.02024-12-31 historySEC XBRL OperatingIncomeLoss 0001868275-26-000032unverified
Revenue FY202423568000000.02024-12-31 historySEC XBRL Revenues 0001868275-26-000032unverified
Operating income FY20253086000000.02025-12-31 historySEC XBRL OperatingIncomeLoss 0001868275-26-000032unverified
Revenue FY202525533000000.02025-12-31 historySEC XBRL Revenues 0001868275-26-000032unverified
Operating cash flow FY2021-1338000000.02021-12-31 historySEC XBRL NetCashProvidedByUsedInOperatingActivities 0001868275-24-000014unverified
Capital expenditure FY20211329000000.02021-12-31 historySEC XBRL PaymentsToAcquirePropertyPlantAndEquipment 0001868275-24-000014unverified
Operating cash flow FY2022-2353000000.02022-12-31 historySEC XBRL NetCashProvidedByUsedInOperatingActivities 0001868275-25-000023unverified
Capital expenditure FY20221689000000.02022-12-31 historySEC XBRL PaymentsToAcquirePropertyPlantAndEquipment 0001868275-25-000023unverified
Operating cash flow FY2023-5301000000.02023-12-31 historySEC XBRL NetCashProvidedByUsedInOperatingActivities 0001868275-26-000032unverified
Capital expenditure FY20232422000000.02023-12-31 historySEC XBRL PaymentsToAcquirePropertyPlantAndEquipment 0001868275-26-000032unverified
Operating cash flow FY2024-2464000000.02024-12-31 historySEC XBRL NetCashProvidedByUsedInOperatingActivities 0001868275-26-000032unverified
Capital expenditure FY20242565000000.02024-12-31 historySEC XBRL PaymentsToAcquirePropertyPlantAndEquipment 0001868275-26-000032unverified
Operating cash flow FY20254237000000.02025-12-31 historySEC XBRL NetCashProvidedByUsedInOperatingActivities 0001868275-26-000032unverified
Capital expenditure FY20252949000000.02025-12-31 historySEC XBRL PaymentsToAcquirePropertyPlantAndEquipment 0001868275-26-000032unverified
Shares outstanding354307379.02026-07-31SEC cover page 10-Q 0001868275-26-000104 (354,307,379 shares (single class on cover)); filing document https://www.sec.gov/Archives/edgar/data/1868275/000186827526000104/ceg-20260630.htm 0001868275-26-000104not cross-checked

Lynch GARP

28 of 100. ok. How this is scored.

Test or factorValueThresholdPoints
1 PEG: P/E divided by 5-yr EPS growth (in % points) earnings not positive in both years, or growth not positive: PEG undefined—<= 1.00.0 / 30
2 EPS growth, 5-yr compound rate earnings not positive in both years—12% to 35% a year0.0 / 20
3 P/E on latest annual EPS34.2<= 253.8 / 10
4 Borrowings / equity LongTermDebt (incl. current maturities) + short-term borrowings0.39<= 0.515.0 / 15
5 Years of the last 5 in which EPS rose2 of 55 of 56.0 / 15
6 Net cash (cash minus borrowings) / market cap-13.3%>= +10%3.3 / 10
Inputs, 7 numbers with their sources
InputValuePeriodSourceCheck
Price (close, per traded unit)253.452026-10-23Alpaca Market Data (consolidated SIP daily bar)not cross-checked
EPS diluted FY20257.42025-12-31 historySEC XBRL EarningsPerShareDiluted 0001868275-26-000032unverified
EPS diluted FY20200.02020-12-31 historySEC XBRL EarningsPerShareDiluted 0001868275-23-000014unverified
debt_incl_current7403000000.02025-12-31 staleSEC XBRL LongTermDebt 0001868275-26-000032unverified
debt_short5226000000.02026-06-30SEC XBRL ShortTermBorrowings 0001868275-26-000104unverified
equity31977000000.02026-06-30SEC XBRL StockholdersEquity 0001868275-26-000104unverified
cash697000000.02026-06-30SEC XBRL CashAndCashEquivalentsAtCarryingValue 0001868275-26-000104unverified

Graham Enterprising

44 of 100. ok. How this is scored.

Test or factorValueThresholdPoints
1 Current ratio1.46>= 1.513.7 / 15
2 Borrowings vs working capital LongTermDebt (incl. current maturities) + short-term borrowings2.13 x<= 1.1x1.0 / 15
3 No earnings deficit in the last 5 years3 of 5 profitable5 of 59.0 / 15
4 Pays a current dividendyesyes10.0 / 10
5 EPS higher than five years earlier0.00 -> 7.40higher10.0 / 10
6 Price / book value per share book value used because intangibles are not separated in the dataset (Graham uses net tangible assets)2.81<= 1.20.0 / 20
7 Price / net current asset value per share (current assets minus all liabilities) net current asset value not positive—<= 0.670.0 / 15
Inputs, 15 numbers with their sources
InputValuePeriodSourceCheck
Price (close, per traded unit)253.452026-10-23Alpaca Market Data (consolidated SIP daily bar)not cross-checked
current_assets18965000000.02026-06-30SEC XBRL AssetsCurrent 0001868275-26-000104unverified
current_liabilities13032000000.02026-06-30SEC XBRL LiabilitiesCurrent 0001868275-26-000104unverified
debt_incl_current7403000000.02025-12-31 staleSEC XBRL LongTermDebt 0001868275-26-000032unverified
debt_short5226000000.02026-06-30SEC XBRL ShortTermBorrowings 0001868275-26-000104unverified
Net income FY2021-205000000.02021-12-31 historySEC XBRL NetIncomeLoss 0001868275-24-000014unverified
Net income FY2022-160000000.02022-12-31 historySEC XBRL NetIncomeLoss 0001868275-25-000023unverified
Net income FY20231623000000.02023-12-31 historySEC XBRL NetIncomeLoss 0001868275-26-000032unverified
Net income FY20243749000000.02024-12-31 historySEC XBRL NetIncomeLoss 0001868275-26-000032unverified
Net income FY20252319000000.02025-12-31 historySEC XBRL NetIncomeLoss 0001868275-26-000032unverified
Dividend years (Yahoo)[2022, 2023, 2024, 2025, 2026] historyYahoo Finance dividend historynot cross-checked
EPS diluted FY20257.42025-12-31 historySEC XBRL EarningsPerShareDiluted 0001868275-26-000032unverified
EPS diluted FY20200.02020-12-31 historySEC XBRL EarningsPerShareDiluted 0001868275-23-000014unverified
equity31977000000.02026-06-30SEC XBRL StockholdersEquity 0001868275-26-000104unverified
Shares outstanding354307379.02026-07-31SEC cover page 10-Q 0001868275-26-000104 (354,307,379 shares (single class on cover)); filing document https://www.sec.gov/Archives/edgar/data/1868275/000186827526000104/ceg-20260630.htm 0001868275-26-000104not cross-checked

Piotroski F-Score

56 of 100. ok. How this is scored.

Test or factorValueThresholdPoints
1 Return on assets is positive4.1%pass = 111.11111111111111 / 11.11111111111111
2 Operating cash flow is positive4,237Mpass = 111.11111111111111 / 11.11111111111111
3 Return on assets improved on the prior year7.1% -> 4.1%pass = 10.0 / 11.11111111111111
4 Operating cash flow exceeds net income (accruals)4,237M vs 2,319Mpass = 111.11111111111111 / 11.11111111111111
5 Long-term debt / assets fell14.0% -> 12.7%pass = 111.11111111111111 / 11.11111111111111
6 Current ratio improved1.57 -> 1.53pass = 10.0 / 11.11111111111111
7 No new shares issued (share count did not rise)312M -> 354Mpass = 10.0 / 11.11111111111111
8 Operating margin improved (stand-in for gross margin, which the dataset does not carry)18.5% -> 12.1%pass = 10.0 / 11.11111111111111
9 Asset turnover (revenue / assets) improved0.45 -> 0.45pass = 111.11111111111111 / 11.11111111111111
Inputs, 27 numbers with their sources
InputValuePeriodSourceCheck
net_income 2025-12-312319000000.02025-12-31 historySEC XBRL NetIncomeLoss 0001868275-26-000032unverified
total_assets 2025-12-3157249000000.02025-12-31 historySEC XBRL Assets 0001868275-26-000104unverified
cfo 2025-12-314237000000.02025-12-31 historySEC XBRL NetCashProvidedByUsedInOperatingActivities 0001868275-26-000032unverified
net_income 2025-12-312319000000.02025-12-31 historySEC XBRL NetIncomeLoss 0001868275-26-000032unverified
net_income 2024-12-313749000000.02024-12-31 historySEC XBRL NetIncomeLoss 0001868275-26-000032unverified
total_assets 2025-12-3157249000000.02025-12-31 historySEC XBRL Assets 0001868275-26-000104unverified
total_assets 2024-12-3152926000000.02024-12-31 historySEC XBRL Assets 0001868275-26-000032unverified
cfo 2025-12-314237000000.02025-12-31 historySEC XBRL NetCashProvidedByUsedInOperatingActivities 0001868275-26-000032unverified
net_income 2025-12-312319000000.02025-12-31 historySEC XBRL NetIncomeLoss 0001868275-26-000032unverified
lt_debt 2025-12-317250000000.02025-12-31 historySEC XBRL LongTermDebtNoncurrent 0001868275-26-000104unverified
lt_debt 2024-12-317384000000.02024-12-31 historySEC XBRL LongTermDebtNoncurrent 0001868275-26-000032unverified
total_assets 2025-12-3157249000000.02025-12-31 historySEC XBRL Assets 0001868275-26-000104unverified
total_assets 2024-12-3152926000000.02024-12-31 historySEC XBRL Assets 0001868275-26-000032unverified
current_assets 2025-12-3112119000000.02025-12-31 historySEC XBRL AssetsCurrent 0001868275-26-000104unverified
current_assets 2024-12-3110776000000.02024-12-31 historySEC XBRL AssetsCurrent 0001868275-26-000032unverified
current_liabilities 2025-12-317944000000.02025-12-31 historySEC XBRL LiabilitiesCurrent 0001868275-26-000104unverified
current_liabilities 2024-12-316846000000.02024-12-31 historySEC XBRL LiabilitiesCurrent 0001868275-26-000032unverified
shares_out 2026-07-31354307379.02026-07-31 historySEC XBRL EntityCommonStockSharesOutstanding 0001868275-26-000104unverified
shares_out 2025-07-31312405579.02025-07-31 historySEC XBRL EntityCommonStockSharesOutstanding 0001868275-25-000073unverified
operating_income 2025-12-313086000000.02025-12-31 historySEC XBRL OperatingIncomeLoss 0001868275-26-000032unverified
operating_income 2024-12-314352000000.02024-12-31 historySEC XBRL OperatingIncomeLoss 0001868275-26-000032unverified
revenue 2025-12-3125533000000.02025-12-31 historySEC XBRL Revenues 0001868275-26-000032unverified
revenue 2024-12-3123568000000.02024-12-31 historySEC XBRL Revenues 0001868275-26-000032unverified
revenue 2025-12-3125533000000.02025-12-31 historySEC XBRL Revenues 0001868275-26-000032unverified
revenue 2024-12-3123568000000.02024-12-31 historySEC XBRL Revenues 0001868275-26-000032unverified
total_assets 2025-12-3157249000000.02025-12-31 historySEC XBRL Assets 0001868275-26-000104unverified
total_assets 2024-12-3152926000000.02024-12-31 historySEC XBRL Assets 0001868275-26-000032unverified

Earnings record

SEC XBRL, by fiscal year (named by the calendar year it ends in); EPS split-adjusted to today's shares; each row links to the filing.

FYEndedRevenue, $MNet income, $MEPS dilutedDividendFiling
20202020-12-3117,6035890.0none0001868275-23-000014
20212021-12-3119,649-2050.0none0001868275-24-000014
20222022-12-3124,440-160-0.49paid0001868275-25-000023
20232023-12-3124,9181,6235.01paid0001868275-26-000032
20242024-12-3123,5683,74911.89paid0001868275-26-000032
20252025-12-3125,5332,3197.4paid0001868275-26-000032

Insider transactions

SEC Form 4 open-market purchases and sales from the insider data sets; latest 20.

DateInsiderRoleTypeSharesPriceValue
2026-08-11Crandall Roger Wdirectorbuy1,500278.62417,930