Constellation Energy (CEG) Free Cash Flow (2021 - 2026)
Constellation Energy (CEG) reported Free Cash Flow of $2.49 billion for Q3 2026, up 70.5% from $1.46 billion a year earlier.
Constellation Energy (CEG) Free Cash Flow (2021 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Constellation Energy's Free Cash Flow came in at $1.34 billion; for FY2025, it came in at $1.29 billion.
- By year, Free Cash Flow came in at -$5.03 billion in FY2024, -$7.72 billion in FY2023, -$4.04 billion in FY2022 and -$2.67 billion in FY2021.
- The Q3 2026 figure ranks as the highest quarterly Free Cash Flow in data going back to Q1 2021.
- Per Business Quant data, the three quarters before Q3 2026 came in at -$118 million (Q2 2026), -$850 million (Q1 2026) and -$181 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Constellation Energy | 98.63 Bn | 93.22 Bn | - | 2.49 Bn |
| 2 | Vistra | 44.52 Bn | 35.00 Bn | - | 1.36 Bn |
| 3 | AXIA Energia | 24.30 Bn | 11.28 Bn | 2.59 Bn | 1,539.52 |
| 4 | Nrg Energy | 20.38 Bn | 15.19 Bn | 2.23 Bn | 571.00 Mn |
| 5 | Talen Energy | 17.79 Bn | 15.53 Bn | - | 296.00 Mn |
| 6 | Enlight Renewable Energy | 8.73 Bn | 5.30 Bn | 124.81 Mn | 860.96 Mn |
| 7 | Brookfield Renewable Partners | 7.94 Bn | -20.71 Bn | 23.00 Mn | 1.91 Bn |
| 8 | Clearway Energy | 7.36 Bn | 9.95 Bn | - | 76.00 Mn |
| 9 | Ormat Technologies | 5.56 Bn | 4.03 Bn | 77.38 Mn | -72.94 Mn |
| 10 | Oklo | 4.67 Bn | -3.73 Bn | 772,000.00 | -199.46 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 2.49 Bn |
| Jun 30, 2026 | -118.00 Mn |
| Mar 31, 2026 | -850.00 Mn |
| Dec 31, 2025 | -181.00 Mn |
| Sep 30, 2025 | 1.46 Bn |
| Jun 30, 2025 | 710.00 Mn |
| Mar 31, 2025 | -699.00 Mn |
| Dec 31, 2024 | -1.75 Bn |
| Sep 30, 2024 | -664.00 Mn |
| Jun 30, 2024 | -1.16 Bn |
| Mar 31, 2024 | -1.46 Bn |
| Dec 31, 2023 | -3.87 Bn |
| Sep 30, 2023 | -1.39 Bn |
| Jun 30, 2023 | -868.00 Mn |
| Mar 31, 2023 | -1.59 Bn |
| Dec 31, 2022 | -3.02 Bn |
| Sep 30, 2022 | -1.48 Bn |
| Jun 30, 2022 | -478.00 Mn |
| Mar 31, 2022 | 941.00 Mn |
| Dec 31, 2021 | -2.56 Bn |
Constellation Energy Free Cash Flow API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=free-cash-flow&ticker=CEG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "ticker": "CEG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=free-cash-flow&ticker=CEG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();