Constellation Energy (CEG) vs. National Grid (NGG)
This page compares Constellation Energy (CEG) with National Grid (NGG) using performance and risk, profitability, financial strength, growth, dividends, and valuation metrics.
Company Profile
Constellation Energy (CEG) and National Grid (NGG) both fall under the Utilities industry group, but CEG is classified in Electric Utilities while NGG is classified in Multi-Utilities.
National Grid (NGG) has more than two decades of public-market history since August 10, 2005, whereas Constellation Energy (CEG) listed on January 19, 2022 and has a much shorter record to draw on.
Constellation Energy (CEG) trades as a standard ordinary-equity line, while National Grid (NGG) is an ADR tied to a foreign-share or depositary-receipt structure — compare with FX exposure, program fees, and dividend-withholding-tax differences in mind.
| Symbol | CEG | NGG |
|---|---|---|
| Name | Constellation Energy Corporation | National Grid plc Sponsored ADR |
| Country/Region | United States | United Kingdom |
| GICS Sector | Utilities | Utilities |
| GICS Industry Group | Utilities | Utilities |
| GICS Industry | Electric Utilities | Multi-Utilities |
| GICS Sub-Industry | Electric Utilities | Multi-Utilities |
| Market Capitalization | 103.93 billion USD | 80.98 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | NYSE |
| Listing Date | January 19, 2022 | August 10, 2005 |
| Security Type | Common Stock | ADR |
Valuation
Price-to-Earnings Ratio (TTM)
National Grid (NGG) at 18.50 carries typical industry Price-to-Earnings Ratio (TTM), while Constellation Energy (CEG) at 25.00 sits in the higher-multiple quartile — CEG carries a higher trailing earnings multiple relative to peers.
CEG
Utilities industry group
25.00
- Max
- 30.73
- Q3
- 22.81
- Median
- 19.44
- Q1
- 16.02
- Min
- 6.18
NGG
Utilities industry group
18.50
- Max
- 30.73
- Q3
- 22.81
- Median
- 19.44
- Q1
- 16.02
- Min
- 6.18
Price-to-Sales Ratio (TTM)
Constellation Energy (CEG) at 3.48 is priced about in line with its industry on Price-to-Sales Ratio (TTM), while National Grid (NGG) at 4.58 sits in the pricier quartile — NGG costs more per dollar of sales.
CEG
Utilities industry group
3.48
- Max
- 6.41
- Q3
- 3.57
- Median
- 2.67
- Q1
- 1.62
- Min
- 0.00
NGG
Utilities industry group
4.58
- Max
- 6.41
- Q3
- 3.57
- Median
- 2.67
- Q1
- 1.62
- Min
- 0.00
Price-to-Book Ratio (MRQ)
Both look rich against book: Constellation Energy (CEG) at 3.11 sits in the upper Price-to-Book Ratio (MRQ) quartile, and National Grid (NGG) at 8.14 prices even higher, above its industry range.
CEG
Utilities industry group
3.11
- Max
- 3.40
- Q3
- 2.38
- Median
- 1.87
- Q1
- 1.41
- Min
- 0.36
NGG
Utilities industry group
8.14
- Max
- 3.40
- Q3
- 2.38
- Median
- 1.87
- Q1
- 1.41
- Min
- 0.36
Valuation at a Glance
| Symbol | CEG | NGG |
|---|---|---|
| Price-to-Earnings Ratio (TTM) | 25.00 | 18.50 |
| Price-to-Sales Ratio (TTM) | 3.48 | 4.58 |
| Price-to-Book Ratio (MRQ) | 3.11 | 8.14 |
| Free Cash Flow Yield | -4.31% | -3.86% |
Profitability
Return on Equity (TTM)
Constellation Energy (CEG) at 16.11% ranks in the top quartile for Return on Equity (TTM), ahead of National Grid (NGG) at 8.41%, which sits closer to the industry mid-range.
CEG
Utilities industry group
16.11%
- Max
- 16.11%
- Q3
- 11.07%
- Median
- 9.45%
- Q1
- 7.39%
- Min
- 2.67%
NGG
Utilities industry group
8.41%
- Max
- 16.11%
- Q3
- 11.07%
- Median
- 9.45%
- Q1
- 7.39%
- Min
- 2.67%
Net Profit Margin (TTM)
National Grid (NGG) at 18.32% retains a top-quartile share of revenue as profit, ahead of Constellation Energy (CEG) at 12.69%, which keeps about the industry-typical share.
CEG
Utilities industry group
12.69%
- Max
- 29.37%
- Q3
- 17.12%
- Median
- 12.54%
- Q1
- 8.87%
- Min
- -0.65%
NGG
Utilities industry group
18.32%
- Max
- 29.37%
- Q3
- 17.12%
- Median
- 12.54%
- Q1
- 8.87%
- Min
- -0.65%
Operating Profit Margin (TTM)
National Grid (NGG) at 32.60% operates in the top Operating Profit Margin (TTM) quartile, ahead of Constellation Energy (CEG) at 21.86%, which runs around its industry’s norm.
CEG
Utilities industry group
21.86%
- Max
- 43.52%
- Q3
- 30.05%
- Median
- 23.27%
- Q1
- 15.96%
- Min
- 0.00%
NGG
Utilities industry group
32.60%
- Max
- 43.52%
- Q3
- 30.05%
- Median
- 23.27%
- Q1
- 15.96%
- Min
- 0.00%
Profitability at a Glance
| Symbol | CEG | NGG |
|---|---|---|
| Return on Equity (TTM) | 16.11% | 8.41% |
| Return on Assets (TTM) | 4.20% | 3.01% |
| Net Profit Margin (TTM) | 12.69% | 18.32% |
| Operating Profit Margin (TTM) | 21.86% | 32.60% |
| Gross Profit Margin (TTM) | 23.26% | 100.00% |
Growth
Revenue Growth
Revenue Growth at a Glance
| Symbol | CEG | NGG |
|---|---|---|
| 1-Year Revenue Growth | 8.34% | -- |
| 3-Year Revenue CAGR | 1.47% | -- |
EPS Growth
EPS Growth at a Glance
| Symbol | CEG | NGG |
|---|---|---|
| 1-Year EPS Growth | -37.76% | -- |
| 3-Year EPS CAGR | -- | -30.59% |
Financial Strength
Current Ratio (MRQ)
National Grid (NGG) at 0.76 keeps Current Ratio (MRQ) within its industry mid-range, while Constellation Energy (CEG) at 1.36 sits above the industry mid-range — comfortable liquidity, though possibly with more idle current assets relative to peers.
CEG
Utilities industry group
1.36
- Max
- 1.88
- Q3
- 1.17
- Median
- 0.92
- Q1
- 0.65
- Min
- 0.33
NGG
Utilities industry group
0.76
- Max
- 1.88
- Q3
- 1.17
- Median
- 0.92
- Q1
- 0.65
- Min
- 0.33
Debt-to-Equity Ratio (MRQ)
Constellation Energy (CEG) at 0.66 maintains Debt-to-Equity Ratio (MRQ) in the lower-leverage quartile of industry peers, ahead of National Grid (NGG) at 1.21, which sits around the industry mid-range.
CEG
Utilities industry group
0.66
- Max
- 3.02
- Q3
- 1.83
- Median
- 1.34
- Q1
- 0.86
- Min
- 0.00
NGG
Utilities industry group
1.21
- Max
- 3.02
- Q3
- 1.83
- Median
- 1.34
- Q1
- 0.86
- Min
- 0.00
Financial Strength at a Glance
| Symbol | CEG | NGG |
|---|---|---|
| Current Ratio (MRQ) | 1.36 | 0.76 |
| Debt-to-Equity Ratio (MRQ) | 0.66 | 1.21 |
| Net Debt / EBITDA | 2.71 | 6.39 |
Dividends
Dividend Yield (TTM)
National Grid (NGG) at 3.98% reports Dividend Yield (TTM) around its industry mid-range, while Constellation Energy (CEG) at 0.59% drops into the bottom quartile.
CEG
Utilities industry group
0.59%
- Max
- 6.17%
- Q3
- 4.02%
- Median
- 3.16%
- Q1
- 2.31%
- Min
- 0.00%
NGG
Utilities industry group
3.98%
- Max
- 6.17%
- Q3
- 4.02%
- Median
- 3.16%
- Q1
- 2.31%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
National Grid (NGG) at 71.18% maintains Dividend Payout Ratio (TTM) around its industry median — a balanced dividend policy. Constellation Energy (CEG) at 13.81% sits outside the typical mid-range, leaning toward more retention or more distribution than the industry median.
CEG
Utilities industry group
13.81%
- Max
- 116.67%
- Q3
- 73.07%
- Median
- 58.51%
- Q1
- 35.58%
- Min
- 0.00%
NGG
Utilities industry group
71.18%
- Max
- 116.67%
- Q3
- 73.07%
- Median
- 58.51%
- Q1
- 35.58%
- Min
- 0.00%
Dividends at a Glance
| Symbol | CEG | NGG |
|---|---|---|
| Dividend Yield (TTM) | 0.59% | 3.98% |
| Dividend Payout Ratio (TTM) | 13.81% | 71.18% |
Performance & Risk
Performance & Risk at a Glance
| Symbol | CEG | NGG |
|---|---|---|
| 1-Year Return | -4.65% | 19.23% |
| 1-Year Volatility | 46.12% | 21.50% |
| Beta | 1.09 | 0.78 |
| 3-Month Avg. Volume | 3.09M | 1.32M |