Constellation Energy (CEG) Interest Expense (2021 - 2026)
Constellation Energy (CEG) recorded Interest Expense of $217 million in Q3 2026, up 61.9% from $134 million a year earlier but down 23.3% from the prior quarter.
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Analysis
Constellation Energy (CEG) Interest Expense (2021 - 2026) Analysis & Trends
On a TTM basis, Constellation Energy's Interest Expense came in at $866 million as of Sep 30, 2026, up 77.5% year-over-year; for FY2025, it came in at $511 million, up 1.0% from FY2024.
- Annual Interest Expense has increased for three straight years, with a five-year compound annual growth rate of 9.3% (FY2020 to FY2025).
- Across earlier years, Interest Expense came in at $506 million in FY2024 (+17.4%), $431 million in FY2023 (+72.4%), $250 million in FY2022 (-11.3%) and $282 million in FY2021 (-14.0%).
- Quarterly Interest Expense has ranged from $55 million in Q1 2022 to $283 million in Q2 2026 over the past five years.
- On a year-over-year basis, Interest Expense has increased for four consecutive quarters, with growth averaging 31.8% over the last eight quarters.
- Peak year-over-year performance for Interest Expense in the last five years was growth of 139.8% in Q2 2026, against a decline of 35.3% in Q4 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $283 million (Q2 2026), $253 million (Q1 2026) and $113 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (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 | 217.00 Mn |
| Jun 30, 2026 | 283.00 Mn |
| Mar 31, 2026 | 253.00 Mn |
| Dec 31, 2025 | 113.00 Mn |
| Sep 30, 2025 | 134.00 Mn |
| Jun 30, 2025 | 118.00 Mn |
| Mar 31, 2025 | 146.00 Mn |
| Dec 31, 2024 | 90.00 Mn |
| Sep 30, 2024 | 147.00 Mn |
| Jun 30, 2024 | 142.00 Mn |
| Mar 31, 2024 | 127.00 Mn |
| Dec 31, 2023 | 139.00 Mn |
| Sep 30, 2023 | 82.00 Mn |
| Jun 30, 2023 | 103.00 Mn |
| Mar 31, 2023 | 107.00 Mn |
| Dec 31, 2022 | 64.00 Mn |
| Sep 30, 2022 | 75.00 Mn |
| Jun 30, 2022 | 56.00 Mn |
| Mar 31, 2022 | 55.00 Mn |
| Dec 31, 2021 | 68.00 Mn |
API Access
Constellation Energy Interest Expense 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=interest-expense&ticker=CEG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expense", "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=interest-expense&ticker=CEG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();