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Constellation Energy ROE %

: -4.02% (As of Jun. 2022)
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ROE % is calculated as Net Income attributable to Common Stockholders (Net Income minus dividends to participating security holders) divided by its average Total Stockholders Equity over a certain period of time. Constellation Energy's annualized net income attributable to common stockholders for the quarter that ended in Jun. 2022 was $-444 Mil. Constellation Energy's average Total Stockholders Equity over the quarter that ended in Jun. 2022 was $11,053 Mil. Therefore, Constellation Energy's annualized ROE % for the quarter that ended in Jun. 2022 was -4.02%.

The historical rank and industry rank for Constellation Energy's ROE % or its related term are showing as below:

CEG' s ROE % Range Over the Past 10 Years
Min: -1.74   Med: 4.55   Max: 8.34
Current: 5.73

During the past 4 years, Constellation Energy's highest ROE % was 8.34%. The lowest was -1.74%. And the median was 4.55%.

CEG's ROE % is ranked worse than
61.36% of 396 companies
in the Utilities - Independent Power Producers industry
Industry Median: 5.01 vs CEG: 5.73

Constellation Energy ROE % Historical Data

The historical data trend for Constellation Energy's ROE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Constellation Energy Annual Data
Trend Dec18 Dec19 Dec20 Dec21
ROE %
- 8.34 4.55 -1.74

Constellation Energy Quarterly Data
Dec18 Dec19 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
ROE % Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 20.87 1.47 3.80 -4.02

Competitive Comparison

For the Utilities - Renewable subindustry, Constellation Energy's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

   

Constellation Energy ROE % Distribution

For the Utilities - Independent Power Producers industry and Utilities sector, Constellation Energy's ROE % distribution charts can be found below:

* The bar in red indicates where Constellation Energy's ROE % falls into.



Constellation Energy ROE % Calculation

Constellation Energy's annualized ROE % for the fiscal year that ended in Dec. 2021 is calculated as

ROE %=Net Income attributable to Common Stockholders (A: Dec. 2021 )/( (Total Stockholders Equity (A: Dec. 2020 )+Total Stockholders Equity (A: Dec. 2021 ))/ count )
=-205/( (12399+11219)/ 2 )
=-205/11809
=-1.74 %

Constellation Energy's annualized ROE % for the quarter that ended in Jun. 2022 is calculated as

ROE %=Net Income attributable to Common Stockholders (Q: Jun. 2022 )/( (Total Stockholders Equity (Q: Mar. 2022 )+Total Stockholders Equity (Q: Jun. 2022 ))/ count )
=-444/( (11105+11000)/ 2 )
=-444/11052.5
=-4.02 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROE %, the net income attributable to common stockholders of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income attributable to common stockholders data used here is four times the quarterly (Jun. 2022) net income attributable to common stockholders data. ROE % is displayed in the 30-year financial page.


Constellation Energy  (NAS:CEG) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %**(Q: Jun. 2022 )
=Net Income/Total Stockholders Equity
=-444/11052.5
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-444 / 21860)*(21860 / 46089.5)*(46089.5 / 11052.5)
=Net Margin %*Asset Turnover*Equity Multiplier
=-2.03 %*0.4743*4.1701
=ROA %*Equity Multiplier
=-0.96 %*4.1701
=-4.02 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %**(Q: Jun. 2022 )
=Net Income/Total Stockholders Equity
=-444/11052.5
=(Net Income /Pre-Tax Income) * (Pre-Tax Income/Operating Income) * (Operating Income/Revenue) * (Revenue/Total Assets) * (Total Assets/Total Stockholders Equity)
= (-444 / -1752) * (-1752 / 864) * (864 / 21860) * (21860 / 46089.5) * (46089.5 / 11052.5)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.2534 * -2.0278 * 3.95 % * 0.4743 * 4.1701
=-4.02 %

Note: The net income attributable to common stockholders data used here is four times the quarterly (Jun. 2022) net income attributable to common stockholders data. The Revenue data used here is four times the quarterly (Jun. 2022) revenue data. The same rule applies to Pre-Tax Income and Operating Income.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.


Be Aware

Net income attributable to common stockholders is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Constellation Energy ROE % Related Terms

Thank you for viewing the detailed overview of Constellation Energy's ROE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Constellation Energy Business Description

Constellation Energy logo
Traded in Other Exchanges
Address
1310 Point Street, Baltimore, MD, USA, 21231
Constellation Energy Corp offers energy solutions. It provides clean energy and sustainable solutions to homes, businesses, the public sector, community aggregations, and a range of wholesale customers (such as municipalities, cooperatives, and other strategics). The company offers comprehensive energy solutions and a variety of pricing options for electric, natural gas, and renewable energy products for companies of any size.
Executives
Hanson Bryan Craig officer: EVP & Chief Generation Officer 10 S. DEARBORN STREET 54TH FLOOR CHICAGO IL 60603
Koehler Michael officer: EVP & Chief Admin Officer 1310 POINT STREET BALTIMORE MD 21231
Bauer Matthew N officer: SVP & Controller 1310 POINT STREET BALTIMORE MD 21231
Barron Kathleen officer: EVP & Chief Strategy Officer 1310 POINT STREET BALTIMORE MD 21231
Dardis David O. officer: EVP & General Counsel 1310 POINT STREET BALTIMORE MD 21231
Eggers Daniel L. officer: EVP & CFO 1310 POINT STREET BALTIMORE MD 21231
Mchugh James officer: EVP & Chief Commercial Officer 10 S DEARBORN STREET 54TH FLOOR CHICAGO IL 60603
Ashish Khandpur K director 3M COMPANY LEGAL AFFAIRS 3M CENTER ST PAUL MN 55144-1000
Dominguez Joseph director, officer: President & CEO 10 SOUTH DEARBORN STREET CHICAGO IL 60603
Holzrichter Julie director 20 S. WACKER DRIVE CHICAGO IL 60606
De Balmann Yves C director 360 MADISON AVE 20TH FL C/O BREGAL INVESTMENTS NEW YORK NY 10017
Lawless Robert J director C/O CARPENTER TECHNOLOGY CORP 1047 NORTH PARK ROAD WYOMISSING PA 19610
Halverson Bradley M director 100 N.E. ADAMS STREET PEORIA IL 61629
Richardson John M director 10 S. DEARBORN STREET 54TH FLOOR CHICAGO IL 60603
Ferguson Rhonda S director 1400 DOUGLAS ST OMAHA NE 68179
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