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CEG vs. DUK: Constellation Energy vs. Duke Energy Stock Comparison

How do Constellation Energy (CEG) and Duke Energy (DUK) 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 Duke Energy (DUK) are both classified in the Electric Utilities sub-industry within the broader Electric Utilities industry, placing them in the closest GICS peer bucket.

Duke Energy (DUK) 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.

Company profile comparison for Constellation Energy (CEG) and Duke Energy (DUK)
Profile ItemCEGDUK
NameConstellation Energy CorporationDuke Energy Corporation
Country/RegionUnited StatesUnited States
GICS SectorUtilitiesUtilities
GICS Industry GroupUtilitiesUtilities
GICS IndustryElectric UtilitiesElectric Utilities
GICS Sub-IndustryElectric UtilitiesElectric Utilities
Market Capitalization95.69 billion USD98.64 billion USD
CurrencyUSDUSD
ExchangeNasdaqNYSE
Listing DateJanuary 19, 2022March 17, 1980
Security TypeCommon StockCommon Stock

Performance

Cumulative Growth

CEG
DUK
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Constellation Energy (CEG) vs. Duke Energy (DUK): Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Constellation Energy (CEG) and Duke Energy (DUK). Returns over one year are annualized.

Performance at a Glance

Performance metrics for Constellation Energy (CEG) and Duke Energy (DUK)
MetricCEGDUK
Total Return (1Y)-15.99%11.97%

Risk

Drawdown

CEG
DUK
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Constellation Energy (CEG) vs. Duke Energy (DUK): Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Risk at a Glance

Risk metrics for Constellation Energy (CEG) and Duke Energy (DUK)
MetricCEGDUK
Volatility (1Y, Annualized)46.63%14.81%
Beta (5Y)1.110.38
Avg. Volume (3M)3.49M3.39M

Profitability

ROE (TTM)

Constellation Energy (CEG) at 16.11% sits in the top ROE quartile, while Duke Energy (DUK) at 9.66% is closer to the peer norm — stronger capital efficiency for CEG.

CEG

Utilities industry group

16.11%

CEG
16.11%
Max
16.11%
Q3
11.15%
Median
9.46%
Q1
7.50%
Min
2.67%

DUK

Utilities industry group

9.66%

Max
16.11%
Q3
11.15%
DUK
9.66%
Median
9.46%
Q1
7.50%
Min
2.67%
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Constellation Energy (CEG) vs. Duke Energy (DUK): A comparison of their ROE against the Utilities industry group benchmark.

Net Margin (TTM)

Both Constellation Energy (CEG) at 12.69% and Duke Energy (DUK) at 15.71% 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%

DUK

Utilities industry group

15.71%

Max
29.37%
Q3
17.31%
DUK
15.71%
Median
12.55%
Q1
9.24%
Min
-0.65%
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Constellation Energy (CEG) vs. Duke Energy (DUK): A comparison of their net margin against the Utilities industry group benchmark.

Operating Margin (TTM)

Both Constellation Energy (CEG) at 21.86% and Duke Energy (DUK) at 25.51% 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%

DUK

Utilities industry group

25.51%

Max
43.52%
Q3
30.09%
DUK
25.51%
Median
23.50%
Q1
16.61%
Min
0.00%
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Constellation Energy (CEG) vs. Duke Energy (DUK): A comparison of their operating margin against the Utilities industry group benchmark.

Profitability at a Glance

Profitability metrics for Constellation Energy (CEG) and Duke Energy (DUK)
MetricCEGDUK
ROE (TTM)16.11%9.66%
ROA (TTM)4.20%2.78%
Net Margin (TTM)12.69%15.71%
Operating Margin (TTM)21.86%25.51%
Gross Margin (TTM)23.26%51.05%

Growth

Revenue Growth

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Constellation Energy (CEG) vs. Duke Energy (DUK): A comparison of their Revenue Growth across different time periods.

Revenue Growth at a Glance

Revenue growth metrics for Constellation Energy (CEG) and Duke Energy (DUK)
MetricCEGDUK
Revenue Growth (YoY)8.34%6.19%
Revenue Growth (3Y CAGR)1.47%3.87%

EPS Growth

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Constellation Energy (CEG) vs. Duke Energy (DUK): A comparison of their EPS Growth across different time periods.

EPS Growth at a Glance

EPS growth metrics for Constellation Energy (CEG) and Duke Energy (DUK)
MetricCEGDUK
EPS Growth (YoY)-37.76%10.51%
EPS Growth (3Y CAGR)--23.75%

Financial Strength

Current Ratio (MRQ)

Duke Energy (DUK) at 0.66 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
1.88
CEG
1.36
Q3
1.16
Median
0.90
Q1
0.65
Min
0.33

DUK

Utilities industry group

0.66

Max
1.88
Q3
1.16
Median
0.90
DUK
0.66
Q1
0.65
Min
0.33
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Constellation Energy (CEG) vs. Duke Energy (DUK): A comparison of their current ratio against the Utilities industry group benchmark.

Debt / Equity (MRQ)

Constellation Energy (CEG) at 0.66 keeps leverage in the lower industry quartile, while Duke Energy (DUK) at 1.61 runs a more typical debt-to-equity mix.

CEG

Utilities industry group

0.66

Max
3.02
Q3
1.81
Median
1.34
Q1
0.85
CEG
0.66
Min
0.00

DUK

Utilities industry group

1.61

Max
3.02
Q3
1.81
DUK
1.61
Median
1.34
Q1
0.85
Min
0.00
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Constellation Energy (CEG) vs. Duke Energy (DUK): A comparison of their debt-to-equity ratio against the Utilities industry group benchmark.

Financial Strength at a Glance

Financial strength metrics for Constellation Energy (CEG) and Duke Energy (DUK)
MetricCEGDUK
Current Ratio (MRQ)1.360.66
Debt / Equity (MRQ)0.661.61
Net Debt / EBITDA2.715.41

Dividends

Dividend Yield (TTM)

Duke Energy (DUK) at 3.39% pays a yield in its industry’s typical range, while Constellation Energy (CEG) at 0.59% falls in the bottom quartile of its peers.

CEG

Utilities industry group

0.59%

Max
6.04%
Q3
3.84%
Median
2.98%
Q1
1.88%
CEG
0.59%
Min
0.00%

DUK

Utilities industry group

3.39%

Max
6.04%
Q3
3.84%
DUK
3.39%
Median
2.98%
Q1
1.88%
Min
0.00%
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Constellation Energy (CEG) vs. Duke Energy (DUK): A comparison of their dividend yield against the Utilities industry group benchmark.

Dividend Payout Ratio (TTM)

Duke Energy (DUK) at 65.23% keeps its payout within the industry’s typical band; Constellation Energy (CEG) at 13.81% pays out less than peers usually do, retaining more of its earnings — a policy difference more than a quality gap.

CEG

Utilities industry group

13.81%

Max
116.67%
Q3
73.40%
Median
58.69%
Q1
36.87%
CEG
13.81%
Min
0.00%

DUK

Utilities industry group

65.23%

Max
116.67%
Q3
73.40%
DUK
65.23%
Median
58.69%
Q1
36.87%
Min
0.00%
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Constellation Energy (CEG) vs. Duke Energy (DUK): A comparison of their payout ratio against the Utilities industry group benchmark.

Dividends at a Glance

Dividend metrics for Constellation Energy (CEG) and Duke Energy (DUK)
MetricCEGDUK
Dividend Yield (TTM)0.59%3.39%
Dividend Payout Ratio (TTM)13.81%65.23%

Valuation

P/E Ratio (TTM)

Both Constellation Energy (CEG) at 23.26 and Duke Energy (DUK) at 19.47 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

23.26

Max
31.16
Q3
23.44
CEG
23.26
Median
19.73
Q1
15.82
Min
4.91

DUK

Utilities industry group

19.47

Max
31.16
Q3
23.44
Median
19.73
DUK
19.47
Q1
15.82
Min
4.91
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Constellation Energy (CEG) vs. Duke Energy (DUK): A comparison of their P/E ratio against the Utilities industry group benchmark.

P/S Ratio (TTM)

On P/S ratio, both Constellation Energy (CEG) at 3.20 and Duke Energy (DUK) at 3.01 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.

CEG

Utilities industry group

3.20

Max
6.04
Q3
3.54
CEG
3.20
Median
2.65
Q1
1.61
Min
0.00

DUK

Utilities industry group

3.01

Max
6.04
Q3
3.54
DUK
3.01
Median
2.65
Q1
1.61
Min
0.00
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Constellation Energy (CEG) vs. Duke Energy (DUK): A comparison of their P/S ratio against the Utilities industry group benchmark.

P/B Ratio (MRQ)

Duke Energy (DUK) at 1.84 is valued about in line with its industry on P/B ratio, while Constellation Energy (CEG) at 2.90 carries an above-peer premium to book — CEG is pricier on assets.

CEG

Utilities industry group

2.90

Max
3.85
CEG
2.90
Q3
2.41
Median
1.89
Q1
1.41
Min
0.34

DUK

Utilities industry group

1.84

Max
3.85
Q3
2.41
Median
1.89
DUK
1.84
Q1
1.41
Min
0.34
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Constellation Energy (CEG) vs. Duke Energy (DUK): A comparison of their P/B ratio against the Utilities industry group benchmark.

Valuation at a Glance

Valuation metrics for Constellation Energy (CEG) and Duke Energy (DUK)
MetricCEGDUK
P/E Ratio (TTM)23.2619.47
P/S Ratio (TTM)3.203.01
P/B Ratio (MRQ)2.901.84
Free Cash Flow Yield (TTM)-4.68%-2.28%