Seek Returns

CEG vs. EIX: Constellation Energy vs. Edison Stock Comparison

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

Edison (EIX) has more than two decades of public-market history since May 3, 1973, 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 Edison (EIX)
Profile ItemCEGEIX
NameConstellation Energy CorporationEdison International
Country/RegionUnited StatesUnited States
GICS SectorUtilitiesUtilities
GICS Industry GroupUtilitiesUtilities
GICS IndustryElectric UtilitiesElectric Utilities
GICS Sub-IndustryElectric UtilitiesElectric Utilities
Market Capitalization88.56 billion USD22.84 billion USD
CurrencyUSDUSD
ExchangeNasdaqNYSE
Listing DateJanuary 19, 2022May 3, 1973
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

CEG
EIX
GSPC
Loading price history…
Constellation Energy (CEG) vs. Edison (EIX), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

Loading price history…
Trailing total returns for Constellation Energy (CEG) and Edison (EIX). Returns over one year are annualized.

Calendar-Year Returns

Loading price history…
Calendar-year total returns for Constellation Energy (CEG) and Edison (EIX). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Constellation Energy (CEG) and Edison (EIX)
MetricCEGEIX
Total Return (1Y)-23.27%11.26%
Total Return (3Y, Annualized)32.21%3.52%
Total Return (5Y, Annualized)--3.43%

Risk Profile

Drawdown History

CEG
EIX
GSPC
Loading price history…
Constellation Energy (CEG) vs. Edison (EIX), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

Loading price history…
Distribution of monthly total returns for Constellation Energy (CEG) and Edison (EIX). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Constellation Energy (CEG) and Edison (EIX)
MetricCEGEIX
Volatility (1Y, Annualized)49.44%36.47%
Beta (5Y)1.110.55
Max Drawdown (5Y)-50.70%-43.88%
Avg. Volume (3M)3.37M5.15M

Risk-Adjusted Performance

Risk-Return Positioning

Loading chart…
CEG and EIX are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Constellation Energy (CEG) and Edison (EIX)
MetricCEGEIX
Sharpe Ratio (1Y)-0.560.19
Sortino Ratio (1Y)-0.780.23

Profitability

ROE (TTM)

Both companies show strong equity returns, but Edison (EIX) at 18.76% is the standout with ROE above its industry range; Constellation Energy (CEG) at 15.06% also sits in the top quartile.

CEG

Utilities industry group

15.06%

Max
17.99%
CEG
15.06%
Q3
12.01%
Median
9.44%
Q1
7.56%
Min
2.17%

EIX

Utilities industry group

18.76%

EIX
18.76%
Max
17.99%
Q3
12.01%
Median
9.44%
Q1
7.56%
Min
2.17%
Loading chart…
Constellation Energy (CEG) vs. Edison (EIX): A comparison of their ROE against the Utilities industry group benchmark.

Net Margin (TTM)

Edison (EIX) at 19.60% retains a top-quartile share of revenue as profit, ahead of Constellation Energy (CEG) at 11.08%, which keeps about the industry-typical 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%

EIX

Utilities industry group

19.60%

Max
28.78%
EIX
19.60%
Q3
17.30%
Median
12.73%
Q1
9.18%
Min
-0.20%
Loading chart…
Constellation Energy (CEG) vs. Edison (EIX): A comparison of their net margin against the Utilities industry group benchmark.

Operating Margin (TTM)

Edison (EIX) at 21.53% 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%

EIX

Utilities industry group

21.53%

Max
53.83%
Q3
31.12%
Median
23.62%
EIX
21.53%
Q1
15.45%
Min
-4.90%
Loading chart…
Constellation Energy (CEG) vs. Edison (EIX): A comparison of their operating margin against the Utilities industry group benchmark.

Profitability Metrics

Profitability metrics for Constellation Energy (CEG) and Edison (EIX)
MetricCEGEIX
ROE (TTM)15.06%18.76%
ROA (TTM)3.89%3.49%
Net Margin (TTM)11.08%19.60%
Operating Margin (TTM)8.66%21.53%
Gross Margin (TTM)22.11%59.44%

Growth

Revenue Growth

Both Constellation Energy (CEG) at 8.34% and Edison (EIX) at 9.76% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.

Loading chart…
Constellation Energy (CEG) vs. Edison (EIX): A comparison of their Revenue Growth across different time periods.

EPS Growth

Edison (EIX) at 248.94% delivers above-range EPS growth, while Constellation Energy (CEG) at -37.76% falls into the bottom quartile — a wide split in earnings momentum.

Loading chart…
Constellation Energy (CEG) vs. Edison (EIX): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Constellation Energy (CEG) and Edison (EIX)
MetricCEGEIX
Revenue Growth (YoY)8.34%9.76%
Revenue Growth (3Y CAGR)1.47%3.90%
EPS Growth (YoY)-37.76%248.94%
EPS Growth (3Y CAGR)--93.27%

Financial Strength

Current Ratio (MRQ)

Edison (EIX) at 0.77 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

EIX

Utilities industry group

0.77

Max
1.90
Q3
1.17
Median
0.88
EIX
0.77
Q1
0.66
Min
0.29
Loading chart…
Constellation Energy (CEG) vs. Edison (EIX): A comparison of their current ratio against the Utilities industry group benchmark.

Debt / Equity (MRQ)

Constellation Energy (CEG) at 0.76 keeps leverage in the lower quartile, while Edison (EIX) at 2.20 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

EIX

Utilities industry group

2.20

Max
2.63
EIX
2.20
Q3
1.77
Median
1.35
Q1
0.84
Min
0.00
Loading chart…
Constellation Energy (CEG) vs. Edison (EIX): A comparison of their debt-to-equity ratio against the Utilities industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Constellation Energy (CEG) and Edison (EIX)
MetricCEGEIX
Current Ratio (MRQ)1.460.77
Debt / Equity (MRQ)0.762.20
Net Debt / EBITDA3.025.26

Dividends

Dividend Yield (TTM)

Edison (EIX) at 5.76% delivers top-quartile income for its industry, while Constellation Energy (CEG) at 0.68% pays a more typical yield — both are credible income propositions, EIX the richer one.

CEG

Utilities industry group

0.68%

Max
6.66%
Q3
3.58%
Median
2.85%
CEG
0.68%
Q1
0.66%
Min
0.00%

EIX

Utilities industry group

5.76%

Max
6.66%
EIX
5.76%
Q3
3.58%
Median
2.85%
Q1
0.66%
Min
0.00%
Loading chart…
Constellation Energy (CEG) vs. Edison (EIX): A comparison of their dividend yield against the Utilities industry group benchmark.

Dividend Payout Ratio (TTM)

Edison (EIX) at 37.30% 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%

EIX

Utilities industry group

37.30%

Max
113.04%
Q3
68.72%
Median
56.38%
EIX
37.30%
Q1
32.38%
Min
0.00%
Loading chart…
Constellation Energy (CEG) vs. Edison (EIX): A comparison of their payout ratio against the Utilities industry group benchmark.

Dividend Metrics

Dividend metrics for Constellation Energy (CEG) and Edison (EIX)
MetricCEGEIX
Dividend Yield (TTM)0.68%5.76%
Dividend Payout Ratio (TTM)15.92%37.30%

Valuation

P/E Ratio (TTM)

Edison (EIX) at 6.31 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.

CEG

Utilities industry group

24.43

Max
31.22
CEG
24.43
Q3
23.30
Median
19.64
Q1
15.17
Min
3.34

EIX

Utilities industry group

6.31

Max
31.22
Q3
23.30
Median
19.64
Q1
15.17
EIX
6.31
Min
3.34
Loading chart…
Constellation Energy (CEG) vs. Edison (EIX): A comparison of their P/E ratio against the Utilities industry group benchmark.

P/S Ratio (TTM)

Edison (EIX) at 1.23 sits in the cheaper P/S ratio quartile while Constellation Energy (CEG) at 2.83 prices around its industry’s middle — EIX costs less per dollar of sales, though read it alongside growth and margins.

CEG

Utilities industry group

2.83

Max
6.35
Q3
3.63
CEG
2.83
Median
2.63
Q1
1.52
Min
0.00

EIX

Utilities industry group

1.23

Max
6.35
Q3
3.63
Median
2.63
Q1
1.52
EIX
1.23
Min
0.00
Loading chart…
Constellation Energy (CEG) vs. Edison (EIX): A comparison of their P/S ratio against the Utilities industry group benchmark.

P/B Ratio (MRQ)

Edison (EIX) at 1.28 looks cheap against book in the lower P/B ratio quartile, while Constellation Energy (CEG) at 2.78 carries a premium in the upper quartile — a clear price-to-book gap.

CEG

Utilities industry group

2.78

Max
3.12
CEG
2.78
Q3
2.21
Median
1.83
Q1
1.46
Min
0.34

EIX

Utilities industry group

1.28

Max
3.12
Q3
2.21
Median
1.83
Q1
1.46
EIX
1.28
Min
0.34
Loading chart…
Constellation Energy (CEG) vs. Edison (EIX): A comparison of their P/B ratio against the Utilities industry group benchmark.

Valuation Metrics

Valuation metrics for Constellation Energy (CEG) and Edison (EIX)
MetricCEGEIX
P/E Ratio (TTM)24.436.31
P/S Ratio (TTM)2.831.23
P/B Ratio (MRQ)2.781.28
Free Cash Flow Yield (TTM)-7.48%-0.77%