CEG vs. TLN: Constellation Energy vs. Talen Energy Stock Comparison
How do Constellation Energy (CEG) and Talen Energy (TLN) 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 Talen Energy (TLN) both fall under the Utilities industry group, but CEG is classified in Electric Utilities while TLN is classified in Independent Power and Renewable Electricity Producers.
| Profile Item | CEG | TLN |
|---|---|---|
| Name | Constellation Energy Corporation | Talen Energy Corporation |
| Country/Region | United States | United States |
| GICS Sector | Utilities | Utilities |
| GICS Industry Group | Utilities | Utilities |
| GICS Industry | Electric Utilities | Independent Power and Renewable Electricity Producers |
| GICS Sub-Industry | Electric Utilities | Independent Power Producers & Energy Traders |
| Market Capitalization | 88.56 billion USD | 14.73 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | Nasdaq |
| Listing Date | January 19, 2022 | June 2, 2023 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | CEG | TLN |
|---|---|---|
| Total Return (1Y) | -23.27% | -6.63% |
| Total Return (3Y, Annualized) | 32.21% | 88.64% |
| Total Return (5Y, Annualized) | -- | -- |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | CEG | TLN |
|---|---|---|
| Volatility (1Y, Annualized) | 49.44% | 58.28% |
| Beta (5Y) | 1.11 | 1.53 |
| Max Drawdown (5Y) | -50.70% | -36.72% |
| Avg. Volume (3M) | 3.37M | 1.01M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | CEG | TLN |
|---|---|---|
| Sharpe Ratio (1Y) | -0.56 | -0.19 |
| Sortino Ratio (1Y) | -0.78 | -0.26 |
Profitability
ROE (TTM)
Talen Energy (TLN) reports a negative ROE of -16.54%; negative ROE can reflect losses or negative shareholders’ equity, so it is harder to read as capital efficiency. Meanwhile Constellation Energy (CEG) reports 15.06%, ranking against industry peers normally.
CEG
Utilities industry group
15.06%
- Max
- 17.99%
- CEG
- 15.06%
- Q3
- 12.01%
- Median
- 9.44%
- Q1
- 7.56%
- Min
- 2.17%
TLN
Utilities industry group
-16.54%
- Max
- 17.99%
- Q3
- 12.01%
- Median
- 9.44%
- Q1
- 7.56%
- Min
- 2.17%
- TLN
- -16.54%
Net Margin (TTM)
Talen Energy (TLN) reports a negative net margin of -5.67%, usually indicating a net loss over the period. Meanwhile Constellation Energy (CEG) reports 11.08%, ranking against industry peers normally.
CEG
Utilities industry group
11.08%
- Max
- 28.78%
- Q3
- 17.30%
- Median
- 12.73%
- CEG
- 11.08%
- Q1
- 9.18%
- Min
- -0.20%
TLN
Utilities industry group
-5.67%
- Max
- 28.78%
- Q3
- 17.30%
- Median
- 12.73%
- Q1
- 9.18%
- Min
- -0.20%
- TLN
- -5.67%
Operating Margin (TTM)
Talen Energy (TLN) at 17.35% 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%
TLN
Utilities industry group
17.35%
- Max
- 53.83%
- Q3
- 31.12%
- Median
- 23.62%
- TLN
- 17.35%
- Q1
- 15.45%
- Min
- -4.90%
Profitability Metrics
| Metric | CEG | TLN |
|---|---|---|
| ROE (TTM) | 15.06% | -16.54% |
| ROA (TTM) | 3.89% | 0.88% |
| Net Margin (TTM) | 11.08% | -5.67% |
| Operating Margin (TTM) | 8.66% | 17.35% |
| Gross Margin (TTM) | 22.11% | 42.67% |
Growth
Revenue Growth
Talen Energy (TLN) at 26.68% 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 TLN.
EPS Growth
Neither side shows strong earnings momentum: Constellation Energy (CEG) at -37.76% sits in the bottom EPS growth quartile, and Talen Energy (TLN) at -127.11% is weaker still, below its industry range.
Growth Metrics
| Metric | CEG | TLN |
|---|---|---|
| Revenue Growth (YoY) | 8.34% | 26.68% |
| Revenue Growth (3Y CAGR) | 1.47% | 2.87% |
| EPS Growth (YoY) | -37.76% | -127.11% |
| EPS Growth (3Y CAGR) | -- | -- |
Financial Strength
Current Ratio (MRQ)
Talen Energy (TLN) at 0.89 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
TLN
Utilities industry group
0.89
- Max
- 1.90
- Q3
- 1.17
- TLN
- 0.89
- Median
- 0.88
- Q1
- 0.66
- Min
- 0.29
Debt / Equity (MRQ)
Constellation Energy (CEG) at 0.76 keeps leverage in the lower quartile, while Talen Energy (TLN) at 5.97 is above its industry debt-to-equity ratio range.
CEG
Utilities industry group
0.76
- Max
- 2.63
- Q3
- 1.77
- Median
- 1.35
- Q1
- 0.84
- CEG
- 0.76
- Min
- 0.00
TLN
Utilities industry group
5.97
- TLN
- 5.97
- Max
- 2.63
- Q3
- 1.77
- Median
- 1.35
- Q1
- 0.84
- Min
- 0.00
Financial Strength Metrics
| Metric | CEG | TLN |
|---|---|---|
| Current Ratio (MRQ) | 1.46 | 0.89 |
| Debt / Equity (MRQ) | 0.76 | 5.97 |
| Net Debt / EBITDA | 3.02 | 13.69 |
Dividends
Dividend Yield (TTM)
Talen Energy (TLN) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Constellation Energy (CEG) reports a yield of 0.68%, ranking against industry peers normally.
CEG
Utilities industry group
0.68%
- Max
- 6.66%
- Q3
- 3.58%
- Median
- 2.85%
- CEG
- 0.68%
- Q1
- 0.66%
- Min
- 0.00%
TLN
Utilities industry group
0.00%
- Max
- 6.66%
- Q3
- 3.58%
- Median
- 2.85%
- Q1
- 0.66%
- TLN
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Talen Energy (TLN) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Constellation Energy (CEG) reports a payout of 15.92%, ranking against industry peers normally.
CEG
Utilities industry group
15.92%
- Max
- 113.04%
- Q3
- 68.72%
- Median
- 56.38%
- Q1
- 32.38%
- CEG
- 15.92%
- Min
- 0.00%
TLN
Utilities industry group
0.00%
- Max
- 113.04%
- Q3
- 68.72%
- Median
- 56.38%
- Q1
- 32.38%
- TLN
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | CEG | TLN |
|---|---|---|
| Dividend Yield (TTM) | 0.68% | 0.00% |
| Dividend Payout Ratio (TTM) | 15.92% | 0.00% |
Valuation
P/E Ratio (TTM)
An earnings multiple is available for just one side: Constellation Energy (CEG) trades at 24.43 times trailing earnings, ranked against its peers, while Talen Energy (TLN) has no P/E ratio this period.
CEG
Utilities industry group
24.43
- Max
- 31.22
- CEG
- 24.43
- Q3
- 23.30
- Median
- 19.64
- Q1
- 15.17
- Min
- 3.34
TLN
Utilities industry group
--
- Max
- 31.22
- Q3
- 23.30
- Median
- 19.64
- Q1
- 15.17
- Min
- 3.34
- TLN
- --
P/S Ratio (TTM)
On P/S ratio, both Constellation Energy (CEG) at 2.83 and Talen Energy (TLN) at 3.29 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
TLN
Utilities industry group
3.29
- Max
- 6.35
- Q3
- 3.63
- TLN
- 3.29
- Median
- 2.63
- Q1
- 1.52
- Min
- 0.00
P/B Ratio (MRQ)
Both look rich against book: Constellation Energy (CEG) at 2.78 sits in the upper P/B ratio quartile, and Talen Energy (TLN) at 10.14 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
TLN
Utilities industry group
10.14
- TLN
- 10.14
- Max
- 3.12
- Q3
- 2.21
- Median
- 1.83
- Q1
- 1.46
- Min
- 0.34
Valuation Metrics
| Metric | CEG | TLN |
|---|---|---|
| P/E Ratio (TTM) | 24.43 | -- |
| P/S Ratio (TTM) | 2.83 | 3.29 |
| P/B Ratio (MRQ) | 2.78 | 10.14 |
| Free Cash Flow Yield (TTM) | -7.48% | 6.39% |