Constellation EnergyMEX:CEG -3.13%74 Pretax Margin % is 19.11% as of Mar. 2026, which is 162% above its 10-year median of 7.29. GuruFocus rates MEX:CEG with a GF Score™ of 74/100 and a GF Value™ of MXN4,762.66 (Fairly Valued). The stock has 3 warning signs investors should review. Among 422 Utilities - Independent Power Producers companies, Constellation Energy ranks better than 69.67% on this metric.
The historical rank and industry rank for Constellation Energy's Pretax Margin % or its related term are showing as below:
MEX:CEG'
s Pretax Margin % Range Over the Past 10 Years
Min: -2.22 Med: 7.29 Max: 19.16
Current: 18.37
MEX:CEG's Pretax Margin % is ranked better than 69.67% of 422
companies
in the Utilities - Independent Power Producers industry
Industry Median: 8.655
vs MEX:CEG: 18.37
Constellation Energy (MEX:CEG) Pretax Margin % Explanation
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
Constellation Energy Pretax Margin % Related Terms
Constellation Energy Pretax Margin % Historical Data
* Premium members only.
The historical data trend for Constellation Energy's Pretax 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.
MEX:CEG vs VST, NRG, TLN: Pretax Margin % Comparison
For the Utilities - Independent Power Producers subindustry, Constellation Energy's Pretax Margin %, along with its competitors' market caps and Pretax 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 Pretax Margin % vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Constellation Energy's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Constellation Energy's Pretax 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 (MEX:CEG) has a Pretax Margin % of 19.11% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Constellation Energy and its competitors. This is 162% above median its historical median of 7.29. According to the industry distribution chart, Constellation Energy ranks #128 out of 422 companies in the Utilities - Independent Power Producers industry, placing it in the top 30.3%.
Is Constellation Energy's Pretax Margin % too high?
Constellation Energy's current Pretax Margin % of 19.11% is 162% above median its 10-year median of 7.29. The Utilities - Independent Power Producers industry median Pretax Margin % is 8.66. Constellation Energy's value of 19.11% is 120.8% above this industry median. Based on the distribution chart, Constellation Energy ranks #128 out of 422 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, Constellation Energy has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Constellation Energy's Pretax Margin % compare to VST and NRG?
According to the Utilities - Independent Power Producers industry distribution chart, Constellation Energy ranks #128 out of 422 companies for Pretax Margin %. This puts Constellation Energy in the upper half of its industry. The industry median Pretax Margin % is 8.66. Constellation Energy's value of 19.11% is 120.8% above this benchmark. While the company's 10-year median is 7.29 vs. the industry median of 8.66, 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 Pretax Margin % for an Utilities - Independent Power Producers company?
The median Pretax Margin % among Utilities - Independent Power Producers companies is 8.66, based on 422 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Constellation Energy's current Pretax Margin % of 19.11% is 120.8% 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 Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Constellation Energy and its competitors. For the Utilities - Independent Power Producers industry, the median Pretax Margin % is 8.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Constellation Energy's current Pretax Margin % is 19.11%, which is 162% above median its own 10-year median of 7.29. 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 (MEX:CEG) is currently considered Fairly Valued. The stock's GF Value™ is MXN4,762.66, compared to a current price of MXN4,582.00 — trading 3.8% below its estimated fair value. The current Pretax Margin % is 19.11%, which is 162% above median its 10-year median of 7.29 and 120.8% above the Utilities - Independent Power Producers industry median of 8.66. Constellation Energy's overall GF Score™ is 74/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Constellation Energy (MEX:CEG), the current Pretax Margin % is 19.11% 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 (MEX:CEG) Overvalued in 2026?
Based on GuruFocus' analysis, Constellation Energy stock appears to be undervalued.
The current stock price of MXN4,582.00 is trading 3.8% below its estimated GF Value™ of MXN4,762.66.
GuruFocus considers Constellation Energy to be Fairly Valued.
Key valuation signals for MEX:CEG:
Pretax Margin %: 19.11% (162% above median its 10-year median of 7.29)
GF Value™: MXN4,762.66 vs. price of MXN4,582.00 (3.8% below fair value)
Industry Position: 120.8% above the Utilities - Independent Power Producers median (#128 of 422)
No single metric tells the full story. See the MEX: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.
74GF Score
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