Constellation Energy Corporation (NASDAQ: CEG)
Utilities - Renewable ยท Baltimore, MD, United States ยท Founded 2022
- Market capitalization: $70.0 billion
- Annual revenue: $25.53 billion
- Net income: $2.32 billion
- Employees: 13,000
- Sector: Utilities
- Headquarters: Baltimore, United States
- Founded: 2022
Source: Statvoo company profile for Constellation Energy Corporation. Browse all 500+ companies
Constellation Energy is America's largest producer of carbon-free electricity, operating the biggest fleet of nuclear power plants in the country. They also run natural gas, wind, solar, and hydro generation. Spun off from Exelon in 2022, they've become the go-to stock for the nuclear renaissance trade.
Revenue comes from selling electricity into wholesale markets and through retail contracts with commercial and industrial customers. Nuclear plants run 24/7 at near-zero marginal cost, so when power prices rise, Constellation's margins explode.
Constellation was created in February 2022 when Exelon split its competitive generation business from its regulated utilities. The company immediately benefited from the Inflation Reduction Act's nuclear production tax credits. Their 2024 deal to restart Three Mile Island Unit 1 for Microsoft made global headlines.
| Market Capitalization | $70.0B |
| Annual Revenue | $25.53B |
| Net Income | $2.32B |
| Profit Margin | 9% |
| Revenue per Employee | $1963846K |
| Stock Exchange | NASDAQ |
| Ticker Symbol | CEG |
Financial data is approximate and based on most recent annual filings.
Constellation's nuclear fleet generates enough electricity to power 15 million homes. The Three Mile Island restart deal โ yes, that Three Mile Island โ was a landmark moment for nuclear energy's comeback.
Constellation is the purest play on nuclear power's revival and AI-driven electricity demand. The stock's run has been incredible, and the fundamentals back it up.
What is Constellation Energy Corporation's revenue?
Constellation Energy Corporation generates approximately $25.53 billion in annual revenue.
How many employees does Constellation Energy Corporation have?
Constellation Energy Corporation employs approximately 13,000 people worldwide.
What is Constellation Energy Corporation's market cap?
Constellation Energy Corporation (CEG) has a market capitalization of approximately $70.0 billion on the NASDAQ.
When was Constellation Energy Corporation founded?
Constellation Energy Corporation was founded in 2022 and is headquartered in Baltimore, MD, United States.
Who is the CEO of Constellation Energy Corporation?
Joe Dominguez is the current CEO of Constellation Energy Corporation.
What is Constellation Energy Corporation's website?
Constellation Energy Corporation's official website is constellationenergy.com.
| CEO | Joe Dominguez |
| Sector | Utilities |
| Industry | Utilities - Renewable |
| Founded | 2022 |
| HQ | Baltimore, MD |
| Country | United States |
| Website | constellationenergy.com |
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