Constellation EnergyXSWX:CEG 78 Debt-to-EBITDA is 1.84 as of Mar. 2026, which is 20% above its 10-year median of 1.53. GuruFocus rates XSWX:CEG with a GF Score™ of 78/100 and a GF Value™ of CHF217.86. The stock has 3 warning signs investors should review. Among 338 Utilities - Independent Power Producers companies, Constellation Energy ranks better than 67.75% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
The historical rank and industry rank for Constellation Energy's Debt-to-EBITDA or its related term are showing as below:
XSWX:CEG'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.2 Med: 1.53 Max: 3.7
Current: 2.73
During the past 8 years, the highest Debt-to-EBITDA Ratio of Constellation Energy was 3.70. The lowest was 1.20. And the median was 1.53.
XSWX:CEG's Debt-to-EBITDA is ranked better than 67.75% of 338
companies
in the Utilities - Independent Power Producers industry
Industry Median: 4.535
vs XSWX:CEG: 2.73
Constellation Energy (XSWX:CEG) Debt-to-EBITDA Explanation
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.
According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
Constellation Energy Debt-to-EBITDA Related Terms
Constellation Energy Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Constellation Energy's Debt-to-EBITDA 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.
For the Utilities - Independent Power Producers subindustry, Constellation Energy's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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 Debt-to-EBITDA vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Constellation Energy's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Constellation Energy's Debt-to-EBITDA falls into.
* 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 Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data,
the EBITDA data used here is four times the quarterly (Mar. 2026) EBITDA data.
Constellation Energy (XSWX:CEG) has a Debt-to-EBITDA of 1.84 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Constellation Energy. This is 20% above median its historical median of 1.53. Over the past decade, Constellation Energy's Debt-to-EBITDA has ranged from 1.20 to 3.70. According to the industry distribution chart, Constellation Energy ranks #109 out of 338 companies in the Utilities - Independent Power Producers industry, placing it in the top 32.2%.
Is Constellation Energy's Debt-to-EBITDA too high?
Constellation Energy's current Debt-to-EBITDA of 1.84 is 20% above median its 10-year median of 1.53. Over the past 10 years, this metric has ranged from a low of 1.20 to a high of 3.70. The Utilities - Independent Power Producers industry median Debt-to-EBITDA is 4.54. Constellation Energy's value of 1.84 is 59.4% below this industry median. Based on the distribution chart, Constellation Energy ranks #109 out of 338 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, Constellation Energy has a GF Score™ of 78/100, reflecting its overall financial health beyond just this single metric.
How does Constellation Energy's Debt-to-EBITDA compare to ?
According to the Utilities - Independent Power Producers industry distribution chart, Constellation Energy ranks #109 out of 338 companies for Debt-to-EBITDA. This puts Constellation Energy in the upper half of its industry. The industry median Debt-to-EBITDA is 4.54. Constellation Energy's value of 1.84 is 59.4% below this benchmark. Historically, Constellation Energy's own Debt-to-EBITDA has ranged from 1.20 to 3.70 over the past decade. While the company's 10-year median is 1.53 vs. the industry median of 4.54, Constellation Energy has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for an Utilities - Independent Power Producers company?
The median Debt-to-EBITDA among Utilities - Independent Power Producers companies is 4.54, based on 338 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Constellation Energy's current Debt-to-EBITDA of 1.84 is 59.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Constellation Energy. For the Utilities - Independent Power Producers industry, the median Debt-to-EBITDA is 4.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Constellation Energy's current Debt-to-EBITDA is 1.84, which is 20% above median its own 10-year median of 1.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Constellation Energy stock overvalued right now?
Constellation Energy (XSWX:CEG) has a current Debt-to-EBITDA of 1.84. The stock's GF Value™ is CHF217.86, compared to a current price of CHF190.56 — trading 12.5% below its estimated fair value. The current Debt-to-EBITDA is 1.84, which is 20% above median its 10-year median of 1.53 and 59.4% below the Utilities - Independent Power Producers industry median of 4.54. Constellation Energy's overall GF Score™ is 78/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Constellation Energy (XSWX:CEG), the current Debt-to-EBITDA is 1.84 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Constellation Energy (XSWX:CEG) Overvalued in 2026?
Based on GuruFocus' analysis, Constellation Energy stock appears to be undervalued.
The current stock price of CHF190.56 is trading 12.5% below its estimated GF Value™ of CHF217.86.
Key valuation signals for XSWX:CEG:
Debt-to-EBITDA: 1.84 (20% above median its 10-year median of 1.53)
GF Value™: CHF217.86 vs. price of CHF190.56 (12.5% below fair value)
Industry Position: 59.4% below the Utilities - Independent Power Producers median (#109 of 338)
No single metric tells the full story. See the XSWX:CEG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Constellation Energy Corp producer of carbon-free energy and a supplier of energy products and services. The company offers generating capacity that includes nuclear, wind, solar, natural gas, and hydroelectric assets. It sells electricity, natural gas, and other energy-related products and sustainable solutions to various types of customers, including distribution utilities, municipalities, cooperatives, and commercial, industrial, public sector, and residential customers in markets across multiple geographic regions. Its operating segments and reporting units are Mid-Atlantic, Midwest, New York, ERCOT, and Other Power Regions.
78GF Score
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