CEG vs. D: Constellation Energy vs. Dominion Energy Stock Comparison
How do Constellation Energy (CEG) and Dominion Energy (D) 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 Dominion Energy (D) both fall under the Utilities industry group, but CEG is classified in Electric Utilities while D is classified in Multi-Utilities.
Dominion Energy (D) has more than two decades of public-market history since March 17, 1980, whereas Constellation Energy (CEG) listed on January 19, 2022 and has a much shorter record to draw on.
| Profile Item | CEG | D |
|---|---|---|
| Name | Constellation Energy Corporation | Dominion 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 | 93.64 billion USD | 61.43 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | NYSE |
| Listing Date | January 19, 2022 | March 17, 1980 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | CEG | D |
|---|---|---|
| Total Return (1Y) | -17.08% | 26.43% |
| Total Return (3Y, Annualized) | 40.45% | 14.50% |
| Total Return (5Y, Annualized) | -- | 3.16% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | CEG | D |
|---|---|---|
| Volatility (1Y, Annualized) | 46.74% | 20.61% |
| Beta (5Y) | 1.12 | 0.65 |
| Max Drawdown (5Y) | -50.70% | -52.20% |
| Avg. Volume (3M) | 3.65M | 7.04M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | CEG | D |
|---|---|---|
| Sharpe Ratio (1Y) | -0.45 | 1.09 |
| Sortino Ratio (1Y) | -0.63 | 1.74 |
Profitability
ROE (TTM)
Constellation Energy (CEG) at 16.11% sits in the top ROE quartile, while Dominion Energy (D) at 9.79% is closer to the peer norm — stronger capital efficiency for CEG.
CEG
Utilities industry group
16.11%
- CEG
- 16.11%
- Max
- 16.11%
- Q3
- 11.23%
- Median
- 9.48%
- Q1
- 7.55%
- Min
- 2.67%
D
Utilities industry group
9.79%
- Max
- 16.11%
- Q3
- 11.23%
- D
- 9.79%
- Median
- 9.48%
- Q1
- 7.55%
- Min
- 2.67%
Net Margin (TTM)
Both Constellation Energy (CEG) at 12.69% and Dominion Energy (D) at 16.93% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.
CEG
Utilities industry group
12.69%
- Max
- 29.37%
- Q3
- 17.31%
- CEG
- 12.69%
- Median
- 12.55%
- Q1
- 9.24%
- Min
- -0.65%
D
Utilities industry group
16.93%
- Max
- 29.37%
- Q3
- 17.31%
- D
- 16.93%
- Median
- 12.55%
- Q1
- 9.24%
- Min
- -0.65%
Operating Margin (TTM)
Both Constellation Energy (CEG) at 21.86% and Dominion Energy (D) at 28.75% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.
CEG
Utilities industry group
21.86%
- Max
- 43.52%
- Q3
- 30.09%
- Median
- 23.50%
- CEG
- 21.86%
- Q1
- 16.61%
- Min
- 0.00%
D
Utilities industry group
28.75%
- Max
- 43.52%
- Q3
- 30.09%
- D
- 28.75%
- Median
- 23.50%
- Q1
- 16.61%
- Min
- 0.00%
Profitability Metrics
| Metric | CEG | D |
|---|---|---|
| ROE (TTM) | 16.11% | 9.79% |
| ROA (TTM) | 4.20% | 3.09% |
| Net Margin (TTM) | 12.69% | 16.93% |
| Operating Margin (TTM) | 21.86% | 28.75% |
| Gross Margin (TTM) | 23.26% | 47.26% |
Growth
Revenue Growth
Dominion Energy (D) at 14.16% sits in the top revenue growth quartile, while Constellation Energy (CEG) at 8.34% is closer to the peer norm — faster top-line expansion for D.
EPS Growth
Dominion Energy (D) at 39.78% sits in the top EPS growth quartile, while Constellation Energy (CEG) at -37.76% is in the bottom quartile, showing a clear gap in earnings momentum.
Growth Metrics
| Metric | CEG | D |
|---|---|---|
| Revenue Growth (YoY) | 8.34% | 14.16% |
| Revenue Growth (3Y CAGR) | 1.47% | 5.80% |
| EPS Growth (YoY) | -37.76% | 39.78% |
| EPS Growth (3Y CAGR) | -- | 46.26% |
Financial Strength
Current Ratio (MRQ)
Dominion Energy (D) at 0.78 keeps current ratio within its industry’s typical mid-range, while Constellation Energy (CEG) at 1.36 sits above its industry’s typical mid-range — comfortable liquidity, though possibly with more idle current assets relative to peers.
CEG
Utilities industry group
1.36
- Max
- 1.74
- CEG
- 1.36
- Q3
- 1.16
- Median
- 0.90
- Q1
- 0.65
- Min
- 0.33
D
Utilities industry group
0.78
- Max
- 1.74
- Q3
- 1.16
- Median
- 0.90
- D
- 0.78
- Q1
- 0.65
- Min
- 0.33
Debt / Equity (MRQ)
Constellation Energy (CEG) at 0.66 keeps leverage in the lower industry quartile, while Dominion Energy (D) at 1.55 runs a more typical debt-to-equity mix.
CEG
Utilities industry group
0.66
- Max
- 3.02
- Q3
- 1.79
- Median
- 1.33
- Q1
- 0.85
- CEG
- 0.66
- Min
- 0.00
D
Utilities industry group
1.55
- Max
- 3.02
- Q3
- 1.79
- D
- 1.55
- Median
- 1.33
- Q1
- 0.85
- Min
- 0.00
Financial Strength Metrics
| Metric | CEG | D |
|---|---|---|
| Current Ratio (MRQ) | 1.36 | 0.78 |
| Debt / Equity (MRQ) | 0.66 | 1.55 |
| Net Debt / EBITDA | 2.71 | 6.29 |
Dividends
Dividend Yield (TTM)
Dominion Energy (D) at 3.79% offers top-quartile income, while Constellation Energy (CEG) at 0.63% sits in the bottom quartile — a wide gap in cash returned to shareholders.
CEG
Utilities industry group
0.63%
- Max
- 5.79%
- Q3
- 3.68%
- Median
- 2.87%
- Q1
- 1.91%
- CEG
- 0.63%
- Min
- 0.00%
D
Utilities industry group
3.79%
- Max
- 5.79%
- D
- 3.79%
- Q3
- 3.68%
- Median
- 2.87%
- Q1
- 1.91%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Constellation Energy (CEG) at 13.81% retains more earnings than its industry usually does; Dominion Energy (D) at 78.76% distributes an above-typical share — opposite departures from the band, with the risk sitting on D’s side.
CEG
Utilities industry group
13.81%
- Max
- 116.67%
- Q3
- 73.40%
- Median
- 58.69%
- Q1
- 36.87%
- CEG
- 13.81%
- Min
- 0.00%
D
Utilities industry group
78.76%
- Max
- 116.67%
- D
- 78.76%
- Q3
- 73.40%
- Median
- 58.69%
- Q1
- 36.87%
- Min
- 0.00%
Dividend Metrics
| Metric | CEG | D |
|---|---|---|
| Dividend Yield (TTM) | 0.63% | 3.79% |
| Dividend Payout Ratio (TTM) | 13.81% | 78.76% |
Valuation
P/E Ratio (TTM)
Both Constellation Energy (CEG) at 22.04 and Dominion Energy (D) at 20.60 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.
CEG
Utilities industry group
22.04
- Max
- 30.81
- Q3
- 23.97
- CEG
- 22.04
- Median
- 20.72
- Q1
- 16.62
- Min
- 6.52
D
Utilities industry group
20.60
- Max
- 30.81
- Q3
- 23.97
- Median
- 20.72
- D
- 20.60
- Q1
- 16.62
- Min
- 6.52
P/S Ratio (TTM)
On P/S ratio, both Constellation Energy (CEG) at 3.14 and Dominion Energy (D) at 3.52 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.
CEG
Utilities industry group
3.14
- Max
- 6.28
- Q3
- 3.59
- CEG
- 3.14
- Median
- 2.76
- Q1
- 1.67
- Min
- 0.00
D
Utilities industry group
3.52
- Max
- 6.28
- Q3
- 3.59
- D
- 3.52
- Median
- 2.76
- Q1
- 1.67
- Min
- 0.00
P/B Ratio (MRQ)
Dominion Energy (D) at 2.18 is valued about in line with its industry on P/B ratio, while Constellation Energy (CEG) at 2.84 carries an above-peer premium to book — CEG is pricier on assets.
CEG
Utilities industry group
2.84
- Max
- 3.32
- CEG
- 2.84
- Q3
- 2.37
- Median
- 1.86
- Q1
- 1.45
- Min
- 0.36
D
Utilities industry group
2.18
- Max
- 3.32
- Q3
- 2.37
- D
- 2.18
- Median
- 1.86
- Q1
- 1.45
- Min
- 0.36
Valuation Metrics
| Metric | CEG | D |
|---|---|---|
| P/E Ratio (TTM) | 22.04 | 20.60 |
| P/S Ratio (TTM) | 3.14 | 3.52 |
| P/B Ratio (MRQ) | 2.84 | 2.18 |
| Free Cash Flow Yield (TTM) | -4.78% | -16.19% |