Constellation Energy (CEG) Income before Taxes (2021 - 2026)
Constellation Energy's EBT came in at $2.23 billion for Q3 2026, up 59.9% from $1.4 billion a year earlier and up 147.9% from the prior quarter.
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Analysis
Constellation Energy (CEG) Income before Taxes (2021 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Constellation Energy reported EBT of $5.95 billion, up 61.7% year-over-year; for FY2025, it came in at $3.51 billion, down 22.3% from FY2024.
- EBT carries a five-year compound annual growth rate of 33.2% (FY2020 to FY2025).
- Going back by year, EBT was $4.52 billion in FY2024 (+84.6%), $2.45 billion in FY2023, -$542 million in FY2022 and $152 million in FY2021 (-81.8%).
- The Q3 2026 figure represents the highest quarterly EBT in data going back to Q1 2021.
- Year-over-year, EBT increased in three of the last seven quarters, with growth averaging 63.3%.
- The fastest year-over-year change in EBT over five years came in Q4 2024 (growth of 500.7%), and the weakest in Q1 2025 (a decline of 85.6%).
- Business Quant data shows CEG's EBT at $900 million (Q2 2026), $2.13 billion (Q1 2026) and $692 million (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Constellation Energy | 98.63 Bn | 93.22 Bn | - |
| 2 | Vistra | 44.52 Bn | 35.00 Bn | - |
| 3 | AXIA Energia | 24.30 Bn | 11.28 Bn | 2.59 Bn |
| 4 | Nrg Energy | 20.38 Bn | 15.19 Bn | 2.23 Bn |
| 5 | Talen Energy | 17.79 Bn | 15.53 Bn | - |
| 6 | Enlight Renewable Energy | 8.73 Bn | 5.30 Bn | 124.81 Mn |
| 7 | Brookfield Renewable Partners | 7.94 Bn | -20.71 Bn | 23.00 Mn |
| 8 | Clearway Energy | 7.36 Bn | 9.95 Bn | - |
| 9 | Ormat Technologies | 5.56 Bn | 4.03 Bn | 77.38 Mn |
| 10 | Oklo | 4.67 Bn | -3.73 Bn | 772,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 2.23 Bn |
| Jun 30, 2026 | 900.00 Mn |
| Mar 31, 2026 | 2.13 Bn |
| Dec 31, 2025 | 692.00 Mn |
| Sep 30, 2025 | 1.40 Bn |
| Jun 30, 2025 | 1.27 Bn |
| Mar 31, 2025 | 151.00 Mn |
| Dec 31, 2024 | 859.00 Mn |
| Sep 30, 2024 | 1.65 Bn |
| Jun 30, 2024 | 964.00 Mn |
| Mar 31, 2024 | 1.05 Bn |
| Dec 31, 2023 | 143.00 Mn |
| Sep 30, 2023 | 895.00 Mn |
| Jun 30, 2023 | 1.17 Bn |
| Mar 31, 2023 | 238.00 Mn |
| Dec 31, 2022 | 147.00 Mn |
| Sep 30, 2022 | -312.00 Mn |
| Jun 30, 2022 | -438.00 Mn |
| Mar 31, 2022 | 61.00 Mn |
| Dec 31, 2021 | 160.00 Mn |
API Access
Constellation Energy Income before Taxes 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=income-before-taxes&ticker=CEG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "income-before-taxes", "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=income-before-taxes&ticker=CEG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();