Constellation Energy (CEG) Tax Rate (2021 - 2026)
Constellation Energy's Tax Rate came in at 44.22% for Q2 2026, up 9.66 percentage points from 34.56% a year earlier and up 19.28 percentage points from the prior quarter.
Constellation Energy (CEG) Tax Rate (2021 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Constellation Energy reported Tax Rate of 32.34%, up 8.99 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 Q2 2026 figure represents the highest quarterly Tax Rate since Q4 2023.
- Year-over-year, Tax Rate has increased for five consecutive quarters, with an average year-over-year change of -5.24 percentage points over the last eight quarters.
- 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 24.94% (Q1 2026), 37.43% (Q4 2025) and 33.41% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Constellation Energy | 91.41 Bn | 82.66 Bn | - | 44.22% |
| 2 | Vistra | 47.03 Bn | 40.22 Bn | - | 28.57% |
| 3 | AXIA Energia | 30.66 Bn | 17.59 Bn | 2.59 Bn | 2.17% |
| 4 | Nrg Energy | 20.02 Bn | 14.24 Bn | 2.01 Bn | 23.68% |
| 5 | Talen Energy | 15.36 Bn | 12.95 Bn | - | - |
| 6 | Enlight Renewable Energy | 8.80 Bn | 5.72 Bn | 117.49 Mn | - |
| 7 | Brookfield Renewable Partners | 7.72 Bn | 29.09 Bn | 927.00 Mn | 0.60% |
| 8 | Oklo | 6.64 Bn | 6.64 Bn | - | - |
| 9 | Clearway Energy | 6.34 Bn | 8.91 Bn | - | - |
| 10 | Ormat Technologies | 5.71 Bn | 4.45 Bn | 68.70 Mn | - |
Historic Data
| Date | Value |
|---|---|
| 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% |
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_KEY
import 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();