Constellation Energy (CEG) Return on Invested Capital [ROIC] (2022 - 2026)
Constellation Energy (CEG) recorded Return on Invested Capital [ROIC] of 5.52% in Q2 2026, down 8.15 percentage points from 13.67% a year earlier and down 3.12 percentage points from the prior quarter.
Constellation Energy (CEG) Return on Invested Capital [ROIC] (2022 - 2026) Analysis & Trends
For FY2025, Constellation Energy reported Return on Invested Capital [ROIC] of 9.06%, down 8.21 percentage points from FY2024.
- Annual Return on Invested Capital [ROIC] has a four-year change of +9.06 percentage points (FY2021 to FY2025).
- Across earlier years, Return on Invested Capital [ROIC] came in at 17.27% in FY2024 (+11.62 pp), 5.65% in FY2023 (+4.88 pp), 0.78% in FY2022 (+0.78 pp) and 0.00% in FY2021.
- The Q2 2026 figure is the lowest quarterly Return on Invested Capital [ROIC] since Q4 2023.
- On a year-over-year basis, Return on Invested Capital [ROIC] has declined for four consecutive quarters, with an average year-over-year change of +0.63 percentage points over the last eight quarters.
- Peak year-over-year performance for Return on Invested Capital [ROIC] in the last five years was a gain of 11.73 percentage points in Q4 2024, against a drop of 8.52 percentage points in Q2 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 8.64% (Q1 2026), 8.71% (Q4 2025) and 11.44% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Constellation Energy | 91.41 Bn | 82.66 Bn | - | 5.52% |
| 2 | Vistra | 47.03 Bn | 40.22 Bn | - | 11.31% |
| 3 | AXIA Energia | 30.66 Bn | 17.59 Bn | 2.59 Bn | - |
| 4 | Nrg Energy | 20.02 Bn | 14.24 Bn | 2.01 Bn | 5.82% |
| 5 | Talen Energy | 15.36 Bn | 12.95 Bn | - | 0.92% |
| 6 | Enlight Renewable Energy | 8.80 Bn | 5.72 Bn | 117.49 Mn | 4.47% |
| 7 | Brookfield Renewable Partners | 7.72 Bn | 29.09 Bn | 927.00 Mn | 83.96% |
| 8 | Oklo | 6.64 Bn | 6.64 Bn | - | - |
| 9 | Clearway Energy | 6.34 Bn | 8.91 Bn | - | 1.45% |
| 10 | Ormat Technologies | 5.71 Bn | 4.45 Bn | 68.70 Mn | 6.41% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.52% |
| Mar 31, 2026 | 8.64% |
| Dec 31, 2025 | 8.71% |
| Sep 30, 2025 | 11.44% |
| Jun 30, 2025 | 13.67% |
| Mar 31, 2025 | 15.36% |
| Dec 31, 2024 | 16.95% |
| Sep 30, 2024 | 11.97% |
| Jun 30, 2024 | 10.40% |
| Mar 31, 2024 | 8.39% |
| Dec 31, 2023 | 5.22% |
| Sep 30, 2023 | 5.27% |
| Jun 30, 2023 | 1.67% |
| Mar 31, 2023 | 0.23% |
| Dec 31, 2022 | 0.84% |
| Sep 30, 2022 | 1.09% |
| Jun 30, 2022 | 10.18% |
| Mar 31, 2022 | 4.28% |
Constellation Energy Return on Invested Capital [ROIC] 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=return-on-invested-capital-%5Broic%5D&ticker=CEG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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=return-on-invested-capital-%5Broic%5D&ticker=CEG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();