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CEG vs. GEV: Constellation Energy vs. GE Vernova Stock Comparison

How do Constellation Energy (CEG) and GE Vernova (GEV) 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) is classified in the Utilities sector (Utilities), whereas GE Vernova (GEV) belongs to Industrials (Capital Goods) — their GICS classifications point to very different parts of the market.

Company profile comparison for Constellation Energy (CEG) and GE Vernova (GEV)
Profile ItemCEGGEV
NameConstellation Energy CorporationGE Vernova Inc.
Country/RegionUnited StatesUnited States
GICS SectorUtilitiesIndustrials
GICS Industry GroupUtilitiesCapital Goods
GICS IndustryElectric UtilitiesElectrical Equipment
GICS Sub-IndustryElectric UtilitiesHeavy Electrical Equipment
Market Capitalization88.56 billion USD204.89 billion USD
CurrencyUSDUSD
ExchangeNasdaqNYSE
Listing DateJanuary 19, 2022March 27, 2024
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

CEG
GEV
GSPC
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Constellation Energy (CEG) vs. GE Vernova (GEV), 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

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Trailing total returns for Constellation Energy (CEG) and GE Vernova (GEV). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Constellation Energy (CEG) and GE Vernova (GEV). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Constellation Energy (CEG) and GE Vernova (GEV)
MetricCEGGEV
Total Return (1Y)-23.27%44.63%
Total Return (3Y, Annualized)32.21%--
Total Return (5Y, Annualized)----

Risk Profile

Drawdown History

CEG
GEV
GSPC
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Constellation Energy (CEG) vs. GE Vernova (GEV), 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

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Distribution of monthly total returns for Constellation Energy (CEG) and GE Vernova (GEV). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Constellation Energy (CEG) and GE Vernova (GEV)
MetricCEGGEV
Volatility (1Y, Annualized)49.44%55.54%
Beta (5Y)1.111.12
Max Drawdown (5Y)-50.70%-38.29%
Avg. Volume (3M)3.37M2.65M

Risk-Adjusted Performance

Risk-Return Positioning

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CEG and GEV are plotted by 1-year volatility (risk) and 1-year return. Each dashed Capital Allocation Line uses that stock's own industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Constellation Energy (CEG) and GE Vernova (GEV)
MetricCEGGEV
Sharpe Ratio (1Y)-0.560.73
Sortino Ratio (1Y)-0.781.08

Profitability

ROE (TTM)

Both companies show strong equity returns, but GE Vernova (GEV) at 93.04% 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%

GEV

Capital Goods industry group

93.04%

GEV
93.04%
Max
40.55%
Q3
19.29%
Median
12.12%
Q1
4.08%
Min
-17.12%
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Constellation Energy (CEG) vs. GE Vernova (GEV): A comparison of their ROE against their respective Utilities and Capital Goods industry group benchmarks.

Net Margin (TTM)

GE Vernova (GEV) at 23.54% 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%

GEV

Capital Goods industry group

23.54%

Max
27.47%
GEV
23.54%
Q3
12.10%
Median
6.30%
Q1
1.40%
Min
-12.89%
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Constellation Energy (CEG) vs. GE Vernova (GEV): A comparison of their net margin against their respective Utilities and Capital Goods industry group benchmarks.

Operating Margin (TTM)

GE Vernova (GEV) at 12.77% 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%

GEV

Capital Goods industry group

12.77%

Max
36.60%
Q3
18.33%
GEV
12.77%
Median
11.12%
Q1
5.14%
Min
-12.63%
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Constellation Energy (CEG) vs. GE Vernova (GEV): A comparison of their operating margin against their respective Utilities and Capital Goods industry group benchmarks.

Profitability Metrics

Profitability metrics for Constellation Energy (CEG) and GE Vernova (GEV)
MetricCEGGEV
ROE (TTM)15.06%93.04%
ROA (TTM)3.89%3.22%
Net Margin (TTM)11.08%23.54%
Operating Margin (TTM)8.66%12.77%
Gross Margin (TTM)22.11%21.79%

Growth

Revenue Growth

Both Constellation Energy (CEG) at 8.34% and GE Vernova (GEV) at 8.97% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.

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Constellation Energy (CEG) vs. GE Vernova (GEV): A comparison of their Revenue Growth across different time periods.

EPS Growth

GE Vernova (GEV) at 217.03% delivers above-range EPS growth, while Constellation Energy (CEG) at -37.76% falls into the bottom quartile — a wide split in earnings momentum.

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Constellation Energy (CEG) vs. GE Vernova (GEV): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Constellation Energy (CEG) and GE Vernova (GEV)
MetricCEGGEV
Revenue Growth (YoY)8.34%8.97%
Revenue Growth (3Y CAGR)1.47%8.68%
EPS Growth (YoY)-37.76%217.03%
EPS Growth (3Y CAGR)----

Financial Strength

Current Ratio (MRQ)

Constellation Energy (CEG) at 1.46 carries current ratio above its industry’s typical mid-range, while GE Vernova (GEV) at 0.83 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

GEV

Capital Goods industry group

0.83

Max
5.22
Q3
2.95
Median
2.08
Q1
1.43
GEV
0.83
Min
0.36
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Constellation Energy (CEG) vs. GE Vernova (GEV): A comparison of their current ratio against their respective Utilities and Capital Goods industry group benchmarks.

Debt / Equity (MRQ)

Constellation Energy (CEG) at 0.76 keeps leverage in the lower industry quartile, while GE Vernova (GEV) at 0.30 runs a more typical debt-to-equity mix.

CEG

Utilities industry group

0.76

Max
2.63
Q3
1.77
Median
1.35
Q1
0.84
CEG
0.76
Min
0.00

GEV

Capital Goods industry group

0.30

Max
2.33
Q3
1.12
Median
0.60
GEV
0.30
Q1
0.29
Min
0.00
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Constellation Energy (CEG) vs. GE Vernova (GEV): A comparison of their debt-to-equity ratio against their respective Utilities and Capital Goods industry group benchmarks.

Financial Strength Metrics

Financial strength metrics for Constellation Energy (CEG) and GE Vernova (GEV)
MetricCEGGEV
Current Ratio (MRQ)1.460.83
Debt / Equity (MRQ)0.760.30
Net Debt / EBITDA3.02-2.50

Dividends

Dividend Yield (TTM)

Both Constellation Energy (CEG) at 0.68% and GE Vernova (GEV) at 0.26% 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%

GEV

Capital Goods industry group

0.26%

Max
2.66%
Q3
1.14%
GEV
0.26%
Median
0.24%
Q1
0.00%
Min
0.00%
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Constellation Energy (CEG) vs. GE Vernova (GEV): A comparison of their dividend yield against their respective Utilities and Capital Goods industry group benchmarks.

Dividend Payout Ratio (TTM)

GE Vernova (GEV) at 4.59% 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%

GEV

Capital Goods industry group

4.59%

Max
67.39%
Q3
28.02%
Median
6.86%
GEV
4.59%
Q1
0.00%
Min
0.00%
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Constellation Energy (CEG) vs. GE Vernova (GEV): A comparison of their payout ratio against their respective Utilities and Capital Goods industry group benchmarks.

Dividend Metrics

Dividend metrics for Constellation Energy (CEG) and GE Vernova (GEV)
MetricCEGGEV
Dividend Yield (TTM)0.68%0.26%
Dividend Payout Ratio (TTM)15.92%4.59%

Valuation

P/E Ratio (TTM)

GE Vernova (GEV) at 20.32 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

GEV

Capital Goods industry group

20.32

Max
59.38
Q3
35.92
Median
25.41
GEV
20.32
Q1
19.47
Min
3.03
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Constellation Energy (CEG) vs. GE Vernova (GEV): A comparison of their P/E ratio against their respective Utilities and Capital Goods industry group benchmarks.

P/S Ratio (TTM)

Constellation Energy (CEG) at 2.83 is priced about in line with its industry on P/S ratio, while GE Vernova (GEV) at 4.65 sits in the pricier quartile — GEV costs more per dollar of sales.

CEG

Utilities industry group

2.83

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

GEV

Capital Goods industry group

4.65

Max
7.54
GEV
4.65
Q3
3.76
Median
2.15
Q1
1.03
Min
0.03
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Constellation Energy (CEG) vs. GE Vernova (GEV): A comparison of their P/S ratio against their respective Utilities and Capital Goods industry group benchmarks.

P/B Ratio (MRQ)

Both look rich against book: Constellation Energy (CEG) at 2.78 sits in the upper P/B ratio quartile, and GE Vernova (GEV) at 18.00 prices even higher, above its industry range.

CEG

Utilities industry group

2.78

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

GEV

Capital Goods industry group

18.00

GEV
18.00
Max
9.66
Q3
5.00
Median
3.12
Q1
1.81
Min
-1.08
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Constellation Energy (CEG) vs. GE Vernova (GEV): A comparison of their P/B ratio against their respective Utilities and Capital Goods industry group benchmarks.

Valuation Metrics

Valuation metrics for Constellation Energy (CEG) and GE Vernova (GEV)
MetricCEGGEV
P/E Ratio (TTM)24.4320.32
P/S Ratio (TTM)2.834.65
P/B Ratio (MRQ)2.7818.00
Free Cash Flow Yield (TTM)-7.48%10.79%