CEG vs. WEC: Constellation Energy vs. WEC Energy Stock Comparison
How do Constellation Energy (CEG) and WEC Energy (WEC) 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 WEC Energy (WEC) both fall under the Utilities industry group, but CEG is classified in Electric Utilities while WEC is classified in Multi-Utilities.
WEC Energy (WEC) has more than two decades of public-market history since March 17, 1980, whereas Constellation Energy (CEG) listed on January 19, 2022 and has a much shorter record to draw on.
| Profile Item | CEG | WEC |
|---|---|---|
| Name | Constellation Energy Corporation | WEC Energy 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 | 38.12 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | NYSE |
| Listing Date | January 19, 2022 | March 17, 1980 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | CEG | WEC |
|---|---|---|
| Total Return (1Y) | -23.27% | 7.80% |
| Total Return (3Y, Annualized) | 32.21% | 18.04% |
| Total Return (5Y, Annualized) | -- | 9.22% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | CEG | WEC |
|---|---|---|
| Volatility (1Y, Annualized) | 49.44% | 17.21% |
| Beta (5Y) | 1.11 | 0.43 |
| Max Drawdown (5Y) | -50.70% | -26.02% |
| Avg. Volume (3M) | 3.37M | 2.71M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | CEG | WEC |
|---|---|---|
| Sharpe Ratio (1Y) | -0.56 | 0.20 |
| Sortino Ratio (1Y) | -0.78 | 0.31 |
Profitability
ROE (TTM)
Both Constellation Energy (CEG) at 15.06% and WEC Energy (WEC) at 12.49% sit in the top peer quartile for ROE, suggesting each generates more profit from shareholders’ equity than typical industry peers.
CEG
Utilities industry group
15.06%
- Max
- 17.99%
- CEG
- 15.06%
- Q3
- 12.01%
- Median
- 9.44%
- Q1
- 7.56%
- Min
- 2.17%
WEC
Utilities industry group
12.49%
- Max
- 17.99%
- WEC
- 12.49%
- Q3
- 12.01%
- Median
- 9.44%
- Q1
- 7.56%
- Min
- 2.17%
Net Margin (TTM)
WEC Energy (WEC) at 17.53% 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%
WEC
Utilities industry group
17.53%
- Max
- 28.78%
- WEC
- 17.53%
- Q3
- 17.30%
- Median
- 12.73%
- Q1
- 9.18%
- Min
- -0.20%
Operating Margin (TTM)
WEC Energy (WEC) at 25.44% 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%
WEC
Utilities industry group
25.44%
- Max
- 53.83%
- Q3
- 31.12%
- WEC
- 25.44%
- Median
- 23.62%
- Q1
- 15.45%
- Min
- -4.90%
Profitability Metrics
| Metric | CEG | WEC |
|---|---|---|
| ROE (TTM) | 15.06% | 12.49% |
| ROA (TTM) | 3.89% | 3.08% |
| Net Margin (TTM) | 11.08% | 17.53% |
| Operating Margin (TTM) | 8.66% | 25.44% |
| Gross Margin (TTM) | 22.11% | 42.36% |
Growth
Revenue Growth
WEC Energy (WEC) at 13.96% 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 WEC.
EPS Growth
WEC Energy (WEC) at -0.41% is around its peer norm for EPS growth, while Constellation Energy (CEG) at -37.76% drops into the bottom quartile, signaling weaker earnings momentum.
Growth Metrics
| Metric | CEG | WEC |
|---|---|---|
| Revenue Growth (YoY) | 8.34% | 13.96% |
| Revenue Growth (3Y CAGR) | 1.47% | 0.70% |
| EPS Growth (YoY) | -37.76% | -0.41% |
| EPS Growth (3Y CAGR) | -- | 2.63% |
Financial Strength
Current Ratio (MRQ)
Constellation Energy (CEG) at 1.46 carries current ratio above its industry’s typical mid-range, while WEC Energy (WEC) at 0.53 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
WEC
Utilities industry group
0.53
- Max
- 1.90
- Q3
- 1.17
- Median
- 0.88
- Q1
- 0.66
- WEC
- 0.53
- Min
- 0.29
Debt / Equity (MRQ)
Constellation Energy (CEG) at 0.76 keeps leverage in the lower industry quartile, while WEC Energy (WEC) at 1.54 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
WEC
Utilities industry group
1.54
- Max
- 2.63
- Q3
- 1.77
- WEC
- 1.54
- Median
- 1.35
- Q1
- 0.84
- Min
- 0.00
Financial Strength Metrics
| Metric | CEG | WEC |
|---|---|---|
| Current Ratio (MRQ) | 1.46 | 0.53 |
| Debt / Equity (MRQ) | 0.76 | 1.54 |
| Net Debt / EBITDA | 3.02 | 5.66 |
Dividends
Dividend Yield (TTM)
Both Constellation Energy (CEG) at 0.68% and WEC Energy (WEC) at 3.17% 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%
WEC
Utilities industry group
3.17%
- Max
- 6.66%
- Q3
- 3.58%
- WEC
- 3.17%
- Median
- 2.85%
- Q1
- 0.66%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
WEC Energy (WEC) at 68.18% 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%
WEC
Utilities industry group
68.18%
- Max
- 113.04%
- Q3
- 68.72%
- WEC
- 68.18%
- Median
- 56.38%
- Q1
- 32.38%
- Min
- 0.00%
Dividend Metrics
| Metric | CEG | WEC |
|---|---|---|
| Dividend Yield (TTM) | 0.68% | 3.17% |
| Dividend Payout Ratio (TTM) | 15.92% | 68.18% |
Valuation
P/E Ratio (TTM)
WEC Energy (WEC) at 21.07 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
WEC
Utilities industry group
21.07
- Max
- 31.22
- Q3
- 23.30
- WEC
- 21.07
- Median
- 19.64
- Q1
- 15.17
- Min
- 3.34
P/S Ratio (TTM)
Constellation Energy (CEG) at 2.83 is priced about in line with its industry on P/S ratio, while WEC Energy (WEC) at 3.69 sits in the pricier quartile — WEC 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
WEC
Utilities industry group
3.69
- Max
- 6.35
- WEC
- 3.69
- Q3
- 3.63
- Median
- 2.63
- Q1
- 1.52
- Min
- 0.00
P/B Ratio (MRQ)
Both Constellation Energy (CEG) at 2.78 and WEC Energy (WEC) at 2.62 carry a premium to book value versus peers, sitting in the upper P/B ratio quartile of their industries.
CEG
Utilities industry group
2.78
- Max
- 3.12
- CEG
- 2.78
- Q3
- 2.21
- Median
- 1.83
- Q1
- 1.46
- Min
- 0.34
WEC
Utilities industry group
2.62
- Max
- 3.12
- WEC
- 2.62
- Q3
- 2.21
- Median
- 1.83
- Q1
- 1.46
- Min
- 0.34
Valuation Metrics
| Metric | CEG | WEC |
|---|---|---|
| P/E Ratio (TTM) | 24.43 | 21.07 |
| P/S Ratio (TTM) | 2.83 | 3.69 |
| P/B Ratio (MRQ) | 2.78 | 2.62 |
| Free Cash Flow Yield (TTM) | -7.48% | -5.16% |