CEG vs. DTE: Constellation Energy vs. DTE Energy Stock Comparison
How do Constellation Energy (CEG) and DTE Energy (DTE) 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 DTE Energy (DTE) both fall under the Utilities industry group, but CEG is classified in Electric Utilities while DTE is classified in Multi-Utilities.
DTE Energy (DTE) 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 | DTE |
|---|---|---|
| Name | Constellation Energy Corporation | DTE Energy Company |
| 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 | 28.12 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 | DTE |
|---|---|---|
| Total Return (1Y) | -23.27% | 4.52% |
| Total Return (3Y, Annualized) | 32.21% | 15.85% |
| Total Return (5Y, Annualized) | -- | 7.71% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | CEG | DTE |
|---|---|---|
| Volatility (1Y, Annualized) | 49.44% | 17.96% |
| Beta (5Y) | 1.11 | 0.34 |
| Max Drawdown (5Y) | -50.70% | -28.92% |
| Avg. Volume (3M) | 3.37M | 1.52M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | CEG | DTE |
|---|---|---|
| Sharpe Ratio (1Y) | -0.56 | 0.01 |
| Sortino Ratio (1Y) | -0.78 | 0.02 |
Profitability
ROE (TTM)
Constellation Energy (CEG) at 15.06% sits in the top ROE quartile, while DTE Energy (DTE) at 11.02% 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%
DTE
Utilities industry group
11.02%
- Max
- 17.99%
- Q3
- 12.01%
- DTE
- 11.02%
- Median
- 9.44%
- Q1
- 7.56%
- Min
- 2.17%
Net Margin (TTM)
Constellation Energy (CEG) at 11.08% keeps about the industry-typical share of revenue as profit, while DTE Energy (DTE) at 8.21% retains only a bottom-quartile share.
CEG
Utilities industry group
11.08%
- Max
- 28.78%
- Q3
- 17.30%
- Median
- 12.73%
- CEG
- 11.08%
- Q1
- 9.18%
- Min
- -0.20%
DTE
Utilities industry group
8.21%
- Max
- 28.78%
- Q3
- 17.30%
- Median
- 12.73%
- Q1
- 9.18%
- DTE
- 8.21%
- Min
- -0.20%
Operating Margin (TTM)
DTE Energy (DTE) at 16.21% 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%
DTE
Utilities industry group
16.21%
- Max
- 53.83%
- Q3
- 31.12%
- Median
- 23.62%
- DTE
- 16.21%
- Q1
- 15.45%
- Min
- -4.90%
Profitability Metrics
| Metric | CEG | DTE |
|---|---|---|
| ROE (TTM) | 15.06% | 11.02% |
| ROA (TTM) | 3.89% | 2.62% |
| Net Margin (TTM) | 11.08% | 8.21% |
| Operating Margin (TTM) | 8.66% | 16.21% |
| Gross Margin (TTM) | 22.11% | 28.89% |
Growth
Revenue Growth
DTE Energy (DTE) at 26.95% 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 DTE.
EPS Growth
DTE Energy (DTE) at 3.84% 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 | DTE |
|---|---|---|
| Revenue Growth (YoY) | 8.34% | 26.95% |
| Revenue Growth (3Y CAGR) | 1.47% | -6.31% |
| EPS Growth (YoY) | -37.76% | 3.84% |
| EPS Growth (3Y CAGR) | -- | 8.39% |
Financial Strength
Current Ratio (MRQ)
Constellation Energy (CEG) at 1.46 carries current ratio above its industry’s typical mid-range, while DTE Energy (DTE) at 0.62 runs in the tighter-liquidity quartile — different working-capital profiles, both worth examining.
CEG
Utilities industry group
1.46
- Max
- 1.90
- CEG
- 1.46
- Q3
- 1.17
- Median
- 0.88
- Q1
- 0.66
- Min
- 0.29
DTE
Utilities industry group
0.62
- Max
- 1.90
- Q3
- 1.17
- Median
- 0.88
- Q1
- 0.66
- DTE
- 0.62
- Min
- 0.29
Debt / Equity (MRQ)
Constellation Energy (CEG) at 0.76 keeps leverage in the lower quartile, while DTE Energy (DTE) at 2.27 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
DTE
Utilities industry group
2.27
- Max
- 2.63
- DTE
- 2.27
- Q3
- 1.77
- Median
- 1.35
- Q1
- 0.84
- Min
- 0.00
Financial Strength Metrics
| Metric | CEG | DTE |
|---|---|---|
| Current Ratio (MRQ) | 1.46 | 0.62 |
| Debt / Equity (MRQ) | 0.76 | 2.27 |
| Net Debt / EBITDA | 3.02 | 8.00 |
Dividends
Dividend Yield (TTM)
Both Constellation Energy (CEG) at 0.68% and DTE Energy (DTE) at 3.46% 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%
DTE
Utilities industry group
3.46%
- Max
- 6.66%
- Q3
- 3.58%
- DTE
- 3.46%
- Median
- 2.85%
- Q1
- 0.66%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Constellation Energy (CEG) at 15.92% retains more earnings than its industry usually does; DTE Energy (DTE) at 71.04% distributes an above-typical share — opposite departures from the band, with the risk sitting on DTE’s side.
CEG
Utilities industry group
15.92%
- Max
- 113.04%
- Q3
- 68.72%
- Median
- 56.38%
- Q1
- 32.38%
- CEG
- 15.92%
- Min
- 0.00%
DTE
Utilities industry group
71.04%
- Max
- 113.04%
- DTE
- 71.04%
- Q3
- 68.72%
- Median
- 56.38%
- Q1
- 32.38%
- Min
- 0.00%
Dividend Metrics
| Metric | CEG | DTE |
|---|---|---|
| Dividend Yield (TTM) | 0.68% | 3.46% |
| Dividend Payout Ratio (TTM) | 15.92% | 71.04% |
Valuation
P/E Ratio (TTM)
DTE Energy (DTE) at 20.59 is near its industry’s usual P/E ratio, while Constellation Energy (CEG) at 24.43 sits in the richer quartile — CEG needs stronger growth or earnings quality to justify the premium.
CEG
Utilities industry group
24.43
- Max
- 31.22
- CEG
- 24.43
- Q3
- 23.30
- Median
- 19.64
- Q1
- 15.17
- Min
- 3.34
DTE
Utilities industry group
20.59
- Max
- 31.22
- Q3
- 23.30
- DTE
- 20.59
- 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 DTE Energy (DTE) at 1.69 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
DTE
Utilities industry group
1.69
- Max
- 6.35
- Q3
- 3.63
- Median
- 2.63
- DTE
- 1.69
- Q1
- 1.52
- Min
- 0.00
P/B Ratio (MRQ)
Both Constellation Energy (CEG) at 2.78 and DTE Energy (DTE) at 2.22 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
DTE
Utilities industry group
2.22
- Max
- 3.12
- DTE
- 2.22
- Q3
- 2.21
- Median
- 1.83
- Q1
- 1.46
- Min
- 0.34
Valuation Metrics
| Metric | CEG | DTE |
|---|---|---|
| P/E Ratio (TTM) | 24.43 | 20.59 |
| P/S Ratio (TTM) | 2.83 | 1.69 |
| P/B Ratio (MRQ) | 2.78 | 2.22 |
| Free Cash Flow Yield (TTM) | -7.48% | -9.61% |