Constellation Energy (CEG) Tax Rate (2021 - 2026)
Constellation Energy's Tax Rate came in at 18.15% for Q3 2026, down 15.25 percentage points from 33.41% a year earlier and down 26.07 percentage points from the prior quarter.
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Analysis
Constellation Energy (CEG) Tax Rate (2021 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Constellation Energy reported Tax Rate of 26.77%, up 1.37 percentage points year-over-year; for FY2025, it came in at 33.81%, up 16.67 percentage points from FY2024.
- Tax Rate carries a five-year change of +4.02 percentage points (FY2020 to FY2025).
- Going back by year, Tax Rate was 17.14% in FY2024 (-17.97 pp), 35.10% in FY2023 and 148.03% in FY2021 (+118.24 pp).
- The Q3 2026 figure represents the lowest quarterly Tax Rate since Q1 2025.
- Year-over-year, Tax Rate increased in five of the last eight quarters, with an average year-over-year change of -7.69 percentage points.
- The fastest year-over-year change in Tax Rate over five years came in Q4 2023 (a gain of 48.36 percentage points), and the weakest in Q4 2024 (a drop of 126.57 percentage points).
- Business Quant data shows CEG's Tax Rate at 44.22% (Q2 2026), 24.94% (Q1 2026) and 37.43% (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Constellation Energy | 98.63 Bn | 93.22 Bn | - | 18.15% |
| 2 | Vistra | 44.52 Bn | 35.00 Bn | - | 23.80% |
| 3 | AXIA Energia | 24.30 Bn | 11.28 Bn | 2.59 Bn | 2.17% |
| 4 | Nrg Energy | 20.38 Bn | 15.19 Bn | 2.23 Bn | 27.98% |
| 5 | Talen Energy | 17.79 Bn | 15.53 Bn | - | 29.23% |
| 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 | - | 7.52% |
| 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 | 18.15% |
| Jun 30, 2026 | 44.22% |
| Mar 31, 2026 | 24.94% |
| Dec 31, 2025 | 37.43% |
| Sep 30, 2025 | 33.41% |
| Jun 30, 2025 | 34.56% |
| Mar 31, 2025 | 14.57% |
| Dec 31, 2024 | 0.70% |
| Sep 30, 2024 | 27.29% |
| Jun 30, 2024 | 15.98% |
| Mar 31, 2024 | 15.74% |
| Dec 31, 2023 | 127.27% |
| Sep 30, 2023 | 22.91% |
| Jun 30, 2023 | 29.21% |
| Mar 31, 2023 | 55.04% |
| Dec 31, 2022 | 78.91% |
| Dec 31, 2021 | 73.13% |
| Sep 30, 2021 | 21.74% |
| Jun 30, 2021 | 88.71% |
API Access
Constellation Energy Tax Rate 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=tax-rate&ticker=CEG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=CEG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();