Constellation EnergyCEG -0.85%78 Net Margin % is 14.30% as of Mar. 2026, which is 208% above its 10-year median of 4.65. GuruFocus rates CEG with a GF Score™ of 78/100 and a GF Value™ of $274.37 (Fairly Valued). The stock has 3 warning signs investors should review. Among 421 Utilities - Independent Power Producers companies, Constellation Energy ranks better than 67.46% on this metric.
Constellation Energy (NAS:CEG) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Constellation Energy Net Margin % Related Terms
Constellation Energy Net Margin % Historical Data
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The historical data trend for Constellation Energy's Net Margin % 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 Net Margin %, along with its competitors' market caps and Net Margin % 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 Net Margin % vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Constellation Energy's Net Margin % distribution charts can be found below:
* The bar in red indicates where Constellation Energy's Net Margin % 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.
Constellation Energy (CEG) has a Net Margin % of 14.30% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Constellation Energy and its competitors. This is 208% above median its historical median of 4.65. According to the industry distribution chart, Constellation Energy ranks #137 out of 421 companies in the Utilities - Independent Power Producers industry, placing it in the top 32.5%.
Is Constellation Energy's Net Margin % too high?
Constellation Energy's current Net Margin % of 14.30% is 208% above median its 10-year median of 4.65. The Utilities - Independent Power Producers industry median Net Margin % is 6.17. Constellation Energy's value of 14.30% is 131.8% above this industry median. Based on the distribution chart, Constellation Energy ranks #137 out of 421 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, Constellation Energy has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Constellation Energy's Net Margin % compare to VST and NRG?
According to the Utilities - Independent Power Producers industry distribution chart, Constellation Energy ranks #137 out of 421 companies for Net Margin %. This puts Constellation Energy in the upper half of its industry. The industry median Net Margin % is 6.17. Constellation Energy's value of 14.30% is 131.8% above this benchmark. While the company's 10-year median is 4.65 vs. the industry median of 6.17, Constellation Energy has consistently been above 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 Net Margin % for an Utilities - Independent Power Producers company?
The median Net Margin % among Utilities - Independent Power Producers companies is 6.17, based on 421 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Constellation Energy's current Net Margin % of 14.30% is 131.8% above 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Constellation Energy and its competitors. For the Utilities - Independent Power Producers industry, the median Net Margin % is 6.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Constellation Energy's current Net Margin % is 14.30%, which is 208% above median its own 10-year median of 4.65. 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?
Based on GuruFocus' analysis, Constellation Energy (CEG) is currently considered Fairly Valued. The stock's GF Value™ is $274.37, compared to a current price of $267.97 — trading 2.3% below its estimated fair value. The current Net Margin % is 14.30%, which is 208% above median its 10-year median of 4.65 and 131.8% above the Utilities - Independent Power Producers industry median of 6.17. 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 Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Constellation Energy (CEG), the current Net Margin % is 14.30% 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 (CEG) Overvalued in 2026?
Based on GuruFocus' analysis, Constellation Energy stock appears to be undervalued.
The current stock price of $267.97 is trading 2.3% below its estimated GF Value™ of $274.37.
GuruFocus considers Constellation Energy to be Fairly Valued.
Key valuation signals for CEG:
Net Margin %: 14.30% (208% above median its 10-year median of 4.65)
GF Value™: $274.37 vs. price of $267.97 (2.3% below fair value)
Industry Position: 131.8% above the Utilities - Independent Power Producers median (#137 of 421)
No single metric tells the full story. See the 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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