CEG vs. PEG: Constellation Energy vs. Public Service Enterprise Stock Comparison

November 11, 2026

How do Constellation Energy (CEG) and Public Service Enterprise (PEG) 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 Public Service Enterprise (PEG) both fall under the Utilities industry group, but CEG is classified in Electric Utilities while PEG is classified in Multi-Utilities.

Public Service Enterprise (PEG) has more than two decades of public-market history since January 2, 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 Public Service Enterprise (PEG)
Profile Item	CEG	PEG
Name	Constellation Energy Corporation	Public Service Enterprise Group Inc.
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	36.20 billion USD
Currency	USD	USD
Exchange	Nasdaq	NYSE
Listing Date	January 19, 2022	January 2, 1980
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

CEG

PEG

GSPC

Constellation Energy (CEG) vs. Public Service Enterprise (PEG), 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 Public Service Enterprise (PEG). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Constellation Energy (CEG) and Public Service Enterprise (PEG). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Constellation Energy (CEG) and Public Service Enterprise (PEG)
Metric	CEG	PEG
Total Return (1Y)	-23.27%	-6.86%
Total Return (3Y, Annualized)	32.21%	10.69%
Total Return (5Y, Annualized)	--	7.38%

Risk Profile

Drawdown History

CEG

PEG

GSPC

Constellation Energy (CEG) vs. Public Service Enterprise (PEG), 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 Public Service Enterprise (PEG). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Constellation Energy (CEG) and Public Service Enterprise (PEG)
Metric	CEG	PEG
Volatility (1Y, Annualized)	49.44%	18.73%
Beta (5Y)	1.11	0.47
Max Drawdown (5Y)	-50.70%	-27.29%
Avg. Volume (3M)	3.37M	3.44M

Risk-Adjusted Performance

Risk-Return Positioning

CEG and PEG 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 Public Service Enterprise (PEG)
Metric	CEG	PEG
Sharpe Ratio (1Y)	-0.56	-0.60
Sortino Ratio (1Y)	-0.78	-0.82

Profitability

ROE (TTM)

Constellation Energy (CEG) at 15.06% sits in the top ROE quartile, while Public Service Enterprise (PEG) at 10.28% 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%

PEG

Utilities industry group

10.28%

Max: 17.99%
Q3: 12.01%
PEG: 10.28%
Median: 9.44%
Q1: 7.56%
Min: 2.17%

Constellation Energy (CEG) vs. Public Service Enterprise (PEG): A comparison of their ROE against the Utilities industry group benchmark.

Net Margin (TTM)

Both Constellation Energy (CEG) at 11.08% and Public Service Enterprise (PEG) at 14.32% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.

CEG

Utilities industry group

11.08%

Max: 28.78%
Q3: 17.30%
Median: 12.73%
CEG: 11.08%
Q1: 9.18%
Min: -0.20%

PEG

Utilities industry group

14.32%

Max: 28.78%
Q3: 17.30%
PEG: 14.32%
Median: 12.73%
Q1: 9.18%
Min: -0.20%

Constellation Energy (CEG) vs. Public Service Enterprise (PEG): A comparison of their net margin against the Utilities industry group benchmark.

Operating Margin (TTM)

Public Service Enterprise (PEG) at 21.29% 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%

PEG

Utilities industry group

21.29%

Max: 53.83%
Q3: 31.12%
Median: 23.62%
PEG: 21.29%
Q1: 15.45%
Min: -4.90%

Constellation Energy (CEG) vs. Public Service Enterprise (PEG): A comparison of their operating margin against the Utilities industry group benchmark.

Profitability Metrics

Profitability metrics for Constellation Energy (CEG) and Public Service Enterprise (PEG)
Metric	CEG	PEG
ROE (TTM)	15.06%	10.28%
ROA (TTM)	3.89%	2.93%
Net Margin (TTM)	11.08%	14.32%
Operating Margin (TTM)	8.66%	21.29%
Gross Margin (TTM)	22.11%	32.12%

Growth

Revenue Growth

Public Service Enterprise (PEG) at 18.25% 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 PEG.

Constellation Energy (CEG) vs. Public Service Enterprise (PEG): A comparison of their Revenue Growth across different time periods.

EPS Growth

Public Service Enterprise (PEG) at 19.21% is around its peer norm for EPS growth, while Constellation Energy (CEG) at -37.76% drops into the bottom quartile, signaling weaker earnings momentum.

Constellation Energy (CEG) vs. Public Service Enterprise (PEG): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Constellation Energy (CEG) and Public Service Enterprise (PEG)
Metric	CEG	PEG
Revenue Growth (YoY)	8.34%	18.25%
Revenue Growth (3Y CAGR)	1.47%	7.48%
EPS Growth (YoY)	-37.76%	19.21%
EPS Growth (3Y CAGR)	--	27.05%

Financial Strength

Current Ratio (MRQ)

Public Service Enterprise (PEG) at 1.01 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

PEG

Utilities industry group

1.01

Max: 1.90
Q3: 1.17
PEG: 1.01
Median: 0.88
Q1: 0.66
Min: 0.29

Constellation Energy (CEG) vs. Public Service Enterprise (PEG): 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 industry quartile, while Public Service Enterprise (PEG) at 1.48 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

PEG

Utilities industry group

1.48

Max: 2.63
Q3: 1.77
PEG: 1.48
Median: 1.35
Q1: 0.84
Min: 0.00

Constellation Energy (CEG) vs. Public Service Enterprise (PEG): 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 Public Service Enterprise (PEG)
Metric	CEG	PEG
Current Ratio (MRQ)	1.46	1.01
Debt / Equity (MRQ)	0.76	1.48
Net Debt / EBITDA	3.02	5.86

Dividends

Dividend Yield (TTM)

Public Service Enterprise (PEG) at 3.61% delivers top-quartile income for its industry, while Constellation Energy (CEG) at 0.68% pays a more typical yield — both are credible income propositions, PEG 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%

PEG

Utilities industry group

3.61%

Max: 6.66%
PEG: 3.61%
Q3: 3.58%
Median: 2.85%
Q1: 0.66%
Min: 0.00%

Constellation Energy (CEG) vs. Public Service Enterprise (PEG): A comparison of their dividend yield against the Utilities industry group benchmark.

Dividend Payout Ratio (TTM)

Constellation Energy (CEG) at 15.92% retains more earnings than its industry usually does; Public Service Enterprise (PEG) at 74.58% distributes an above-typical share — opposite departures from the band, with the risk sitting on PEG’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%

PEG

Utilities industry group

74.58%

Max: 113.04%
PEG: 74.58%
Q3: 68.72%
Median: 56.38%
Q1: 32.38%
Min: 0.00%

Constellation Energy (CEG) vs. Public Service Enterprise (PEG): A comparison of their payout ratio against the Utilities industry group benchmark.

Dividend Metrics

Dividend metrics for Constellation Energy (CEG) and Public Service Enterprise (PEG)
Metric	CEG	PEG
Dividend Yield (TTM)	0.68%	3.61%
Dividend Payout Ratio (TTM)	15.92%	74.58%

Valuation

P/E Ratio (TTM)

Public Service Enterprise (PEG) at 20.51 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

PEG

Utilities industry group

20.51

Max: 31.22
Q3: 23.30
PEG: 20.51
Median: 19.64
Q1: 15.17
Min: 3.34

Constellation Energy (CEG) vs. Public Service Enterprise (PEG): 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 2.83 and Public Service Enterprise (PEG) at 2.93 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

PEG

Utilities industry group

2.93

Max: 6.35
Q3: 3.63
PEG: 2.93
Median: 2.63
Q1: 1.52
Min: 0.00

Constellation Energy (CEG) vs. Public Service Enterprise (PEG): A comparison of their P/S ratio against the Utilities industry group benchmark.

P/B Ratio (MRQ)

Public Service Enterprise (PEG) at 2.08 is valued about in line with its industry on P/B ratio, while Constellation Energy (CEG) at 2.78 carries an above-peer premium to book — CEG is pricier on assets.

CEG

Utilities industry group

2.78

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

PEG

Utilities industry group

2.08

Max: 3.12
Q3: 2.21
PEG: 2.08
Median: 1.83
Q1: 1.46
Min: 0.34

Constellation Energy (CEG) vs. Public Service Enterprise (PEG): A comparison of their P/B ratio against the Utilities industry group benchmark.

Valuation Metrics

Valuation metrics for Constellation Energy (CEG) and Public Service Enterprise (PEG)
Metric	CEG	PEG
P/E Ratio (TTM)	24.43	20.51
P/S Ratio (TTM)	2.83	2.93
P/B Ratio (MRQ)	2.78	2.08
Free Cash Flow Yield (TTM)	-7.48%	-0.90%