Richard Sloan from the University of Michigan was first to document what is referred to as the "accrual anomaly". His 1996 paper found that shares of companies with small or negative accruals vastly outperform (+10%) those of companies with large ones.
Constellation Energy's Sloan Ratio for the quarter that ended in Mar. 2026 was 5.45%.
As of Mar. 2026, Constellation Energy has a Sloan Ratio of 5.45%, indicating the company is in the safe zone and there is no funny business with accruals.
Constellation Energy (XSWX:CEG) Sloan Ratio % Explanation
A former University of Michigan researcher, Richard Sloan's 1996 paper found that shares of companies with small or negative accruals vastly outperform (+10%) those of companies with large ones. In fact, for the 40-year period between 1962 and 2001, buying the lowest accrual companies and shorting the highest accrual companies resulted in an average annual compounded return of 18%, more than double the S&P 500's 7.4% annual return over the same period.
If the Sloan Ratio is between -10% and 10%, the company is in the safe zone and there is no funny business with accruals.
If the Sloan Ratio is less than between -25% and -10% on the negative side, and between 10% and 25% on the positive side, this is a warning stage of accrual build up.
If the Sloan Ratio is less than -25% or greater than 25%, and this ratio is consistent over several quarters or even years, be careful. Earnings are highly likely to be made up of accruals.
As of Mar. 2026, Constellation Energy has a Sloan Ratio of 5.45%, indicating the company is in the safe zone and there is no funny business with accruals.
Constellation Energy Sloan Ratio % Related Terms
Constellation Energy Sloan Ratio % Historical Data
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The historical data trend for Constellation Energy's Sloan Ratio % 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 Sloan Ratio %, along with its competitors' market caps and Sloan Ratio % 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 Sloan Ratio % vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Constellation Energy's Sloan Ratio % distribution charts can be found below:
* The bar in red indicates where Constellation Energy's Sloan Ratio % falls into.
Earnings contain a lot of non cash earnings which is called accruals. The Sloan ratio is a way to identify firms with low non-cash or accrual-derived earnings relative to their cash flow.
Constellation Energy's Sloan Ratio for the fiscal year that ended in Dec. 2025 is calculated as
Constellation Energy's Net Income for the trailing twelve months (TTM) ended in Mar. 2026 was 839 (Jun. 2025 ) + 930 (Sep. 2025 ) + 432 (Dec. 2025 ) + 1590 (Mar. 2026 ) = CHF3,791 Mil.
Constellation Energy's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was 1477 (Jun. 2025 ) + 1848 (Sep. 2025 ) + 805 (Dec. 2025 ) + 425 (Mar. 2026 ) = CHF4,555 Mil.
Constellation Energy's Cash Flow from Investing for the trailing twelve months (TTM) ended in Mar. 2026 was -872 (Jun. 2025 ) + -463 (Sep. 2025 ) + -977 (Dec. 2025 ) + -3732 (Mar. 2026 ) = CHF-6,044 Mil.
* 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 (XSWX:CEG) has a Sloan Ratio % of 5.45% as of Mar. 2026. Sloan ratio measures earnings quality based on the amount of accruals. View historical data on Constellation Energy and its competitors.
Is Constellation Energy's Sloan Ratio % too high?
Constellation Energy's current Sloan Ratio % is 5.45%. 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 Sloan Ratio % compare to ?
Constellation Energy's Sloan Ratio % of 5.45% can be compared against companies in the Utilities - Independent Power Producers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Sloan Ratio % for an Utilities - Independent Power Producers company?
A good Sloan Ratio % depends on the Utilities - Independent Power Producers industry context. However, Sloan Ratio % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Sloan Ratio % mean?
A high Sloan Ratio % can signal that a stock is expensive relative to its fundamentals. Sloan ratio measures earnings quality based on the amount of accruals. View historical data on Constellation Energy and its competitors. Constellation Energy's current Sloan Ratio % is 5.45%. 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 Sloan Ratio % of 5.45%. 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 Sloan Ratio % is 5.45%. 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 Sloan Ratio % calculated?
Sloan Ratio % is calculated from a company's financial statements. For Constellation Energy (XSWX:CEG), the current Sloan Ratio % is 5.45% 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:
Sloan Ratio %: 5.45%
GF Value™: CHF217.86 vs. price of CHF190.56 (12.5% below fair value)
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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