CEG vs. CNP: Constellation Energy vs. CenterPoint Energy Stock Comparison
How do Constellation Energy (CEG) and CenterPoint Energy (CNP) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Constellation Energy (CEG) and CenterPoint Energy (CNP) both fall under the Utilities industry group, but CEG is classified in Electric Utilities while CNP is classified in Multi-Utilities.
CenterPoint Energy (CNP) has more than two decades of public-market history since January 2, 1962, whereas Constellation Energy (CEG) listed on January 19, 2022 and has a much shorter record to draw on.
| Profile Item | CEG | CNP |
|---|---|---|
| Name | Constellation Energy Corporation | CenterPoint Energy, Inc. |
| Country/Region | United States | United States |
| GICS Sector | Utilities | Utilities |
| GICS Industry Group | Utilities | Utilities |
| GICS Industry | Electric Utilities | Multi-Utilities |
| GICS Sub-Industry | Electric Utilities | Multi-Utilities |
| Market Capitalization | 88.56 billion USD | 26.95 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | NYSE |
| Listing Date | January 19, 2022 | January 2, 1962 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | CEG | CNP |
|---|---|---|
| Total Return (1Y) | -23.27% | 5.91% |
| Total Return (3Y, Annualized) | 32.21% | 18.08% |
| Total Return (5Y, Annualized) | -- | 11.79% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | CEG | CNP |
|---|---|---|
| Volatility (1Y, Annualized) | 49.44% | 18.24% |
| Beta (5Y) | 1.11 | 0.44 |
| Max Drawdown (5Y) | -50.70% | -22.81% |
| Avg. Volume (3M) | 3.37M | 6.95M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | CEG | CNP |
|---|---|---|
| Sharpe Ratio (1Y) | -0.56 | 0.09 |
| Sortino Ratio (1Y) | -0.78 | 0.12 |
Profitability
ROE (TTM)
Constellation Energy (CEG) at 15.06% sits in the top ROE quartile, while CenterPoint Energy (CNP) at 10.14% is closer to the peer norm — stronger capital efficiency for CEG.
CEG
Utilities industry group
15.06%
- Max
- 17.99%
- CEG
- 15.06%
- Q3
- 12.01%
- Median
- 9.44%
- Q1
- 7.56%
- Min
- 2.17%
CNP
Utilities industry group
10.14%
- Max
- 17.99%
- Q3
- 12.01%
- CNP
- 10.14%
- Median
- 9.44%
- Q1
- 7.56%
- Min
- 2.17%
Net Margin (TTM)
Both Constellation Energy (CEG) at 11.08% and CenterPoint Energy (CNP) at 11.76% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.
CEG
Utilities industry group
11.08%
- Max
- 28.78%
- Q3
- 17.30%
- Median
- 12.73%
- CEG
- 11.08%
- Q1
- 9.18%
- Min
- -0.20%
CNP
Utilities industry group
11.76%
- Max
- 28.78%
- Q3
- 17.30%
- Median
- 12.73%
- CNP
- 11.76%
- Q1
- 9.18%
- Min
- -0.20%
Operating Margin (TTM)
CenterPoint Energy (CNP) at 30.26% runs core operations around its industry’s norm, while Constellation Energy (CEG) at 8.66% operates in the bottom quartile.
CEG
Utilities industry group
8.66%
- Max
- 53.83%
- Q3
- 31.12%
- Median
- 23.62%
- Q1
- 15.45%
- CEG
- 8.66%
- Min
- -4.90%
CNP
Utilities industry group
30.26%
- Max
- 53.83%
- Q3
- 31.12%
- CNP
- 30.26%
- Median
- 23.62%
- Q1
- 15.45%
- Min
- -4.90%
Profitability Metrics
| Metric | CEG | CNP |
|---|---|---|
| ROE (TTM) | 15.06% | 10.14% |
| ROA (TTM) | 3.89% | 3.15% |
| Net Margin (TTM) | 11.08% | 11.76% |
| Operating Margin (TTM) | 8.66% | 30.26% |
| Gross Margin (TTM) | 22.11% | 48.39% |
Growth
Revenue Growth
Both Constellation Energy (CEG) at 8.34% and CenterPoint Energy (CNP) at 8.26% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.
EPS Growth
CenterPoint Energy (CNP) at 1.27% is around its peer norm for EPS growth, while Constellation Energy (CEG) at -37.76% drops into the bottom quartile, signaling weaker earnings momentum.
Growth Metrics
| Metric | CEG | CNP |
|---|---|---|
| Revenue Growth (YoY) | 8.34% | 8.26% |
| Revenue Growth (3Y CAGR) | 1.47% | 0.13% |
| EPS Growth (YoY) | -37.76% | 1.27% |
| EPS Growth (3Y CAGR) | -- | 0.21% |
Financial Strength
Current Ratio (MRQ)
CenterPoint Energy (CNP) at 1.15 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.
CEG
Utilities industry group
1.46
- Max
- 1.90
- CEG
- 1.46
- Q3
- 1.17
- Median
- 0.88
- Q1
- 0.66
- Min
- 0.29
CNP
Utilities industry group
1.15
- Max
- 1.90
- Q3
- 1.17
- CNP
- 1.15
- Median
- 0.88
- Q1
- 0.66
- Min
- 0.29
Debt / Equity (MRQ)
Constellation Energy (CEG) at 0.76 keeps leverage in the lower quartile, while CenterPoint Energy (CNP) at 2.12 sits in the higher-leverage quartile.
CEG
Utilities industry group
0.76
- Max
- 2.63
- Q3
- 1.77
- Median
- 1.35
- Q1
- 0.84
- CEG
- 0.76
- Min
- 0.00
CNP
Utilities industry group
2.12
- Max
- 2.63
- CNP
- 2.12
- Q3
- 1.77
- Median
- 1.35
- Q1
- 0.84
- Min
- 0.00
Financial Strength Metrics
| Metric | CEG | CNP |
|---|---|---|
| Current Ratio (MRQ) | 1.46 | 1.15 |
| Debt / Equity (MRQ) | 0.76 | 2.12 |
| Net Debt / EBITDA | 3.02 | 5.98 |
Dividends
Dividend Yield (TTM)
Both Constellation Energy (CEG) at 0.68% and CenterPoint Energy (CNP) at 2.30% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.
CEG
Utilities industry group
0.68%
- Max
- 6.66%
- Q3
- 3.58%
- Median
- 2.85%
- CEG
- 0.68%
- Q1
- 0.66%
- Min
- 0.00%
CNP
Utilities industry group
2.30%
- Max
- 6.66%
- Q3
- 3.58%
- Median
- 2.85%
- CNP
- 2.30%
- Q1
- 0.66%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
CenterPoint Energy (CNP) at 52.87% keeps its payout within the industry’s typical band; Constellation Energy (CEG) at 15.92% pays out less than peers usually do, retaining more of its earnings — a policy difference more than a quality gap.
CEG
Utilities industry group
15.92%
- Max
- 113.04%
- Q3
- 68.72%
- Median
- 56.38%
- Q1
- 32.38%
- CEG
- 15.92%
- Min
- 0.00%
CNP
Utilities industry group
52.87%
- Max
- 113.04%
- Q3
- 68.72%
- Median
- 56.38%
- CNP
- 52.87%
- Q1
- 32.38%
- Min
- 0.00%
Dividend Metrics
| Metric | CEG | CNP |
|---|---|---|
| Dividend Yield (TTM) | 0.68% | 2.30% |
| Dividend Payout Ratio (TTM) | 15.92% | 52.87% |
Valuation
P/E Ratio (TTM)
Both Constellation Energy (CEG) at 24.43 and CenterPoint Energy (CNP) at 23.37 sit in the richer earnings-multiple quartile for P/E ratio, so investors are paying more for TTM earnings than they pay for typical peers.
CEG
Utilities industry group
24.43
- Max
- 31.22
- CEG
- 24.43
- Q3
- 23.30
- Median
- 19.64
- Q1
- 15.17
- Min
- 3.34
CNP
Utilities industry group
23.37
- Max
- 31.22
- CNP
- 23.37
- Q3
- 23.30
- Median
- 19.64
- Q1
- 15.17
- Min
- 3.34
P/S Ratio (TTM)
On P/S ratio, both Constellation Energy (CEG) at 2.83 and CenterPoint Energy (CNP) at 2.74 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.
CEG
Utilities industry group
2.83
- Max
- 6.35
- Q3
- 3.63
- CEG
- 2.83
- Median
- 2.63
- Q1
- 1.52
- Min
- 0.00
CNP
Utilities industry group
2.74
- Max
- 6.35
- Q3
- 3.63
- CNP
- 2.74
- Median
- 2.63
- Q1
- 1.52
- Min
- 0.00
P/B Ratio (MRQ)
Both Constellation Energy (CEG) at 2.78 and CenterPoint Energy (CNP) at 2.30 carry a premium to book value versus peers, sitting in the upper P/B ratio quartile of their industries.
CEG
Utilities industry group
2.78
- Max
- 3.12
- CEG
- 2.78
- Q3
- 2.21
- Median
- 1.83
- Q1
- 1.46
- Min
- 0.34
CNP
Utilities industry group
2.30
- Max
- 3.12
- CNP
- 2.30
- Q3
- 2.21
- Median
- 1.83
- Q1
- 1.46
- Min
- 0.34
Valuation Metrics
| Metric | CEG | CNP |
|---|---|---|
| P/E Ratio (TTM) | 24.43 | 23.37 |
| P/S Ratio (TTM) | 2.83 | 2.74 |
| P/B Ratio (MRQ) | 2.78 | 2.30 |
| Free Cash Flow Yield (TTM) | -7.48% | -18.50% |