Constellation Energy (CEG) Operations and Maintenance (2021 - 2026)
Constellation Energy (CEG) reported Operations and Maintenance of $1.99 billion for Q3 2026, up 31.8% from $1.51 billion a year earlier but down 11.6% from the prior quarter.
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Analysis
Constellation Energy (CEG) Operations and Maintenance (2021 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Constellation Energy's Operations and Maintenance came in at $7.51 billion, up 21.8% year-over-year; for FY2025, it came in at $6.16 billion, unchanged from FY2024.
- Operations and Maintenance has a five-year compound annual growth rate of 6.0% (FY2020 to FY2025).
- By year, Operations and Maintenance came in at $6.16 billion in FY2024 (+8.3%), $5.69 billion in FY2023 (+18.5%), $4.8 billion in FY2022 (+21.9%) and $3.93 billion in FY2021 (-14.7%).
- Five-year quarterly Operations and Maintenance spans a low of $979 million in Q4 2021 and a high of $2.25 billion in Q2 2026.
- Year over year, Operations and Maintenance has now increased in each of the last three quarters, with growth averaging 11.4% over the last eight quarters.
- The high point for year-over-year Operations and Maintenance in five years was Q4 2022 (growth of 40.4%); the low point was Q2 2022 (a decline of 4.8%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $2.25 billion (Q2 2026), $1.78 billion (Q1 2026) and $1.49 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | O&M (Qtr) |
|---|---|---|---|---|---|
| 1 | Constellation Energy | 98.63 Bn | 93.22 Bn | - | 1.99 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 | - | -167.00 Mn |
| 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 | 1.99 Bn |
| Jun 30, 2026 | 2.25 Bn |
| Mar 31, 2026 | 1.78 Bn |
| Dec 31, 2025 | 1.49 Bn |
| Sep 30, 2025 | 1.51 Bn |
| Jun 30, 2025 | 1.62 Bn |
| Mar 31, 2025 | 1.55 Bn |
| Dec 31, 2024 | 1.49 Bn |
| Sep 30, 2024 | 1.54 Bn |
| Jun 30, 2024 | 1.65 Bn |
| Mar 31, 2024 | 1.49 Bn |
| Dec 31, 2023 | 1.42 Bn |
| Sep 30, 2023 | 1.35 Bn |
| Jun 30, 2023 | 1.48 Bn |
| Mar 31, 2023 | 1.43 Bn |
| Dec 31, 2022 | 1.38 Bn |
| Sep 30, 2022 | 989.00 Mn |
| Jun 30, 2022 | 1.27 Bn |
| Mar 31, 2022 | 1.16 Bn |
| Dec 31, 2021 | 979.00 Mn |
API Access
Constellation Energy Operations and Maintenance 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=operations-and-maintenance&ticker=CEG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operations-and-maintenance", "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=operations-and-maintenance&ticker=CEG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();