AES vs. CEG: AES vs. Constellation Energy Stock Comparison

Company Profile

AES (AES) and Constellation Energy (CEG) both fall under the Utilities industry group, but AES is classified in Independent Power and Renewable Electricity Producers while CEG is classified in Electric Utilities.

AES (AES) has more than two decades of public-market history since June 26, 1991, whereas Constellation Energy (CEG) listed on January 19, 2022 and has a much shorter record to draw on.

Price Performance

Cumulative Growth

Trailing Returns

Calendar-Year Returns

Performance Metrics

Risk Profile

Drawdown History

Return Distribution

Risk Metrics

Risk-Adjusted Performance

Risk-Return Positioning

Risk-Adjusted Metrics

Profitability

Constellation Energy (CEG) at 15.06% sits in the top ROE quartile, while AES (AES) at 8.68% is closer to the peer norm — stronger capital efficiency for CEG.

Both AES (AES) at 13.16% and Constellation Energy (CEG) at 11.08% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.

AES (AES) at 23.89% runs core operations around its industry’s norm, while Constellation Energy (CEG) at 8.66% operates in the bottom quartile.

Profitability Metrics

Growth

Constellation Energy (CEG) at 8.34% is around its peer norm for revenue growth, while AES (AES) at -0.37% drops into the bottom quartile, signaling weaker demand or pricing momentum.

Both AES (AES) at -46.61% and Constellation Energy (CEG) at -37.76% post bottom-quartile EPS growth versus peers, pointing to weaker earnings momentum than typical rivals.

Growth Metrics

Financial Strength

AES (AES) at 0.86 keeps current ratio within its industry’s typical mid-range, while Constellation Energy (CEG) at 1.46 sits above its industry’s typical mid-range — comfortable liquidity, though possibly with more idle current assets relative to peers.

Constellation Energy (CEG) at 0.76 keeps leverage in the lower quartile, while AES (AES) at 2.43 sits in the higher-leverage quartile.

Financial Strength Metrics

Dividends

AES (AES) at 4.73% delivers top-quartile income for its industry, while Constellation Energy (CEG) at 0.68% pays a more typical yield — both are credible income propositions, AES the richer one.

Both AES (AES) at 28.27% and Constellation Energy (CEG) at 15.92% pay out less of their earnings than their industries typically do, keeping retention high — common for businesses prioritizing reinvestment.

Dividend Metrics

Valuation

AES (AES) at 5.97 sits in the cheaper P/E ratio quartile, while Constellation Energy (CEG) at 24.43 sits in the richer quartile — a clear split in what investors pay for each dollar of trailing earnings.

AES (AES) at 0.78 sits in the cheaper P/S ratio quartile while Constellation Energy (CEG) at 2.83 prices around its industry’s middle — AES costs less per dollar of sales, though read it alongside growth and margins.

AES (AES) at 1.86 is valued about in line with its industry on P/B ratio, while Constellation Energy (CEG) at 2.78 carries an above-peer premium to book — CEG is pricier on assets.

Valuation Metrics