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CEG vs. VST: Constellation Energy vs. Vistra Stock Comparison

How do Constellation Energy (CEG) and Vistra (VST) 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 Vistra (VST) both fall under the Utilities industry group, but CEG is classified in Electric Utilities while VST is classified in Independent Power and Renewable Electricity Producers.

Company profile comparison for Constellation Energy (CEG) and Vistra (VST)
Profile ItemCEGVST
NameConstellation Energy CorporationVistra Corp.
Country/RegionUnited StatesUnited States
GICS SectorUtilitiesUtilities
GICS Industry GroupUtilitiesUtilities
GICS IndustryElectric UtilitiesIndependent Power and Renewable Electricity Producers
GICS Sub-IndustryElectric UtilitiesIndependent Power Producers & Energy Traders
Market Capitalization88.56 billion USD42.31 billion USD
CurrencyUSDUSD
ExchangeNasdaqNYSE
Listing DateJanuary 19, 2022October 5, 2016
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

CEG
VST
GSPC
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Constellation Energy (CEG) vs. Vistra (VST), 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 Vistra (VST). Returns over one year are annualized.

Calendar-Year Returns

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

Performance Metrics

Price performance metrics for Constellation Energy (CEG) and Vistra (VST)
MetricCEGVST
Total Return (1Y)-23.27%-30.09%
Total Return (3Y, Annualized)32.21%57.95%
Total Return (5Y, Annualized)--49.55%

Risk Profile

Drawdown History

CEG
VST
GSPC
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Constellation Energy (CEG) vs. Vistra (VST), 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 Vistra (VST). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Constellation Energy (CEG) and Vistra (VST)
MetricCEGVST
Volatility (1Y, Annualized)49.44%53.39%
Beta (5Y)1.111.38
Max Drawdown (5Y)-50.70%-48.80%
Avg. Volume (3M)3.37M5.98M

Risk-Adjusted Performance

Risk-Return Positioning

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CEG and VST 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 Vistra (VST)
MetricCEGVST
Sharpe Ratio (1Y)-0.56-0.64
Sortino Ratio (1Y)-0.78-0.86

Profitability

ROE (TTM)

Capital efficiency shows on one side only: Constellation Energy (CEG) earns 15.06% on shareholders’ equity, ranked against its industry; Vistra (VST) has no ROE this period.

CEG

Utilities industry group

15.06%

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

VST

Utilities industry group

--

Max
17.99%
Q3
12.01%
Median
9.44%
Q1
7.56%
Min
2.17%
VST
--
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Constellation Energy (CEG) vs. Vistra (VST): VST does not report ROE, so it has no value marker; CEG is benchmarked against the Utilities industry group.

Net Margin (TTM)

Both Constellation Energy (CEG) at 11.08% and Vistra (VST) at 13.15% 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%

VST

Utilities industry group

13.15%

Max
28.78%
Q3
17.30%
VST
13.15%
Median
12.73%
Q1
9.18%
Min
-0.20%
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Constellation Energy (CEG) vs. Vistra (VST): A comparison of their net margin against the Utilities industry group benchmark.

Operating Margin (TTM)

Vistra (VST) at 31.12% 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%

VST

Utilities industry group

31.12%

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

Profitability Metrics

Profitability metrics for Constellation Energy (CEG) and Vistra (VST)
MetricCEGVST
ROE (TTM)15.06%--
ROA (TTM)3.89%--
Net Margin (TTM)11.08%13.15%
Operating Margin (TTM)8.66%31.12%
Gross Margin (TTM)22.11%41.52%

Growth

Revenue Growth

Constellation Energy (CEG) at 8.34% is around its peer norm for revenue growth, while Vistra (VST) at 2.98% drops into the bottom quartile, signaling weaker demand or pricing momentum.

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Constellation Energy (CEG) vs. Vistra (VST): A comparison of their Revenue Growth across different time periods.

EPS Growth

Neither side shows strong earnings momentum: Constellation Energy (CEG) at -37.76% sits in the bottom EPS growth quartile, and Vistra (VST) at -69.98% is weaker still, below its industry range.

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Constellation Energy (CEG) vs. Vistra (VST): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Constellation Energy (CEG) and Vistra (VST)
MetricCEGVST
Revenue Growth (YoY)8.34%2.98%
Revenue Growth (3Y CAGR)1.47%8.92%
EPS Growth (YoY)-37.76%-69.98%
EPS Growth (3Y CAGR)----

Financial Strength

Current Ratio (MRQ)

Short-term liquidity can only be read on one side of this pairing: Constellation Energy (CEG) shows current ratio of 1.46 against its industry benchmark, while Vistra (VST) has no reading this period.

CEG

Utilities industry group

1.46

Max
1.90
CEG
1.46
Q3
1.17
Median
0.88
Q1
0.66
Min
0.29

VST

Utilities industry group

--

Max
1.90
Q3
1.17
Median
0.88
Q1
0.66
Min
0.29
VST
--
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Constellation Energy (CEG) vs. Vistra (VST): VST does not report current ratio, so it has no value marker; CEG is benchmarked against the Utilities industry group.

Debt / Equity (MRQ)

Constellation Energy (CEG) at 0.76 keeps leverage in the lower quartile, while Vistra (VST) at 3.73 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

VST

Utilities industry group

3.73

VST
3.73
Max
2.63
Q3
1.77
Median
1.35
Q1
0.84
Min
0.00
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Constellation Energy (CEG) vs. Vistra (VST): 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 Vistra (VST)
MetricCEGVST
Current Ratio (MRQ)1.46--
Debt / Equity (MRQ)0.763.73
Net Debt / EBITDA3.02--

Dividends

Dividend Yield (TTM)

Constellation Energy (CEG) at 0.68% pays a yield in its industry’s typical range, while Vistra (VST) at 0.20% falls in the bottom quartile of its peers.

CEG

Utilities industry group

0.68%

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

VST

Utilities industry group

0.20%

Max
6.66%
Q3
3.58%
Median
2.85%
Q1
0.66%
VST
0.20%
Min
0.00%
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Constellation Energy (CEG) vs. Vistra (VST): A comparison of their dividend yield against the Utilities industry group benchmark.

Dividend Payout Ratio (TTM)

Both Constellation Energy (CEG) at 15.92% and Vistra (VST) at 15.35% pay out less of their earnings than their industries typically do, keeping retention high — common for businesses prioritizing reinvestment.

CEG

Utilities industry group

15.92%

Max
113.04%
Q3
68.72%
Median
56.38%
Q1
32.38%
CEG
15.92%
Min
0.00%

VST

Utilities industry group

15.35%

Max
113.04%
Q3
68.72%
Median
56.38%
Q1
32.38%
VST
15.35%
Min
0.00%
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Constellation Energy (CEG) vs. Vistra (VST): A comparison of their payout ratio against the Utilities industry group benchmark.

Dividend Metrics

Dividend metrics for Constellation Energy (CEG) and Vistra (VST)
MetricCEGVST
Dividend Yield (TTM)0.68%0.20%
Dividend Payout Ratio (TTM)15.92%15.35%

Valuation

P/E Ratio (TTM)

Vistra (VST) at 16.80 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

VST

Utilities industry group

16.80

Max
31.22
Q3
23.30
Median
19.64
VST
16.80
Q1
15.17
Min
3.34
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Constellation Energy (CEG) vs. Vistra (VST): 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 Vistra (VST) at 2.05 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

VST

Utilities industry group

2.05

Max
6.35
Q3
3.63
Median
2.63
VST
2.05
Q1
1.52
Min
0.00
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Constellation Energy (CEG) vs. Vistra (VST): A comparison of their P/S ratio against the Utilities industry group benchmark.

P/B Ratio (MRQ)

Both look rich against book: Constellation Energy (CEG) at 2.78 sits in the upper P/B ratio quartile, and Vistra (VST) at 16.10 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

VST

Utilities industry group

16.10

VST
16.10
Max
3.12
Q3
2.21
Median
1.83
Q1
1.46
Min
0.34
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Constellation Energy (CEG) vs. Vistra (VST): A comparison of their P/B ratio against the Utilities industry group benchmark.

Valuation Metrics

Valuation metrics for Constellation Energy (CEG) and Vistra (VST)
MetricCEGVST
P/E Ratio (TTM)24.4316.80
P/S Ratio (TTM)2.832.05
P/B Ratio (MRQ)2.7816.10
Free Cash Flow Yield (TTM)-7.48%--