Constellation Energy (CEG) Total Debt (2020 - 2026)
Constellation Energy's Total Debt came in at $23.39 billion for Q3 2026, up 158.8% from $9.04 billion a year earlier but down 5.3% from the prior quarter.
Constellation Energy (CEG) Total Debt (2020 - 2026) Analysis & Trends
At the end of FY2025, Constellation Energy's Total Debt was $8.99 billion, up 6.9% from FY2024.
- Total Debt carries a five-year compound annual growth rate of 6.4% (FY2020 to FY2025).
- Going back by year, Total Debt was $8.41 billion in FY2024 (-9.2%), $9.26 billion in FY2023 (+60.6%), $5.77 billion in FY2022 (-26.8%) and $7.88 billion in FY2021 (+19.3%).
- The five-year range for quarterly Total Debt is $4.89 billion (Q2 2022) to $24.7 billion (Q2 2026).
- Year-over-year, Total Debt has increased for five consecutive quarters, with growth averaging 63.1% over the last eight quarters.
- The fastest year-over-year change in Total Debt over five years came in Q2 2026 (growth of 197.2%), and the weakest in Q4 2022 (a decline of 26.8%).
- Business Quant data shows CEG's Total Debt at $24.7 billion (Q2 2026), $22.47 billion (Q1 2026) and $8.99 billion (Q4 2025) in the three quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Constellation Energy | 98.63 Bn | 93.22 Bn | - | 23.39 Bn |
| 2 | Vistra | 44.52 Bn | 35.00 Bn | - | 21.15 Bn |
| 3 | AXIA Energia | 24.30 Bn | 11.28 Bn | 2.59 Bn | 11.93 Bn |
| 4 | Nrg Energy | 20.38 Bn | 15.19 Bn | 2.23 Bn | 23.10 Bn |
| 5 | Talen Energy | 17.79 Bn | 15.53 Bn | - | 9.57 Bn |
| 6 | Enlight Renewable Energy | 8.73 Bn | 5.30 Bn | 124.81 Mn | 671.65 Mn |
| 7 | Brookfield Renewable Partners | 7.94 Bn | -20.71 Bn | 23.00 Mn | 6.29 Bn |
| 8 | Clearway Energy | 7.36 Bn | 9.95 Bn | - | 9.44 Bn |
| 9 | Ormat Technologies | 5.56 Bn | 4.03 Bn | 77.38 Mn | 443.28 Mn |
| 10 | Oklo | 4.67 Bn | -3.73 Bn | 772,000.00 | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 23.39 Bn |
| Jun 30, 2026 | 24.70 Bn |
| Mar 31, 2026 | 22.47 Bn |
| Dec 31, 2025 | 8.99 Bn |
| Sep 30, 2025 | 9.04 Bn |
| Jun 30, 2025 | 8.31 Bn |
| Mar 31, 2025 | 8.36 Bn |
| Dec 31, 2024 | 8.41 Bn |
| Sep 30, 2024 | 8.41 Bn |
| Jun 30, 2024 | 9.12 Bn |
| Mar 31, 2024 | 9.98 Bn |
| Dec 31, 2023 | 9.26 Bn |
| Sep 30, 2023 | 8.16 Bn |
| Jun 30, 2023 | 7.20 Bn |
| Mar 31, 2023 | 6.63 Bn |
| Dec 31, 2022 | 5.77 Bn |
| Sep 30, 2022 | 5.35 Bn |
| Jun 30, 2022 | 4.89 Bn |
| Mar 31, 2022 | 5.82 Bn |
| Dec 31, 2021 | 7.88 Bn |
Constellation Energy Total Debt 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=total-debt&ticker=CEG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-debt", "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=total-debt&ticker=CEG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();