Constellation Energy Corporation (CEG)
NASDAQ: CEG · Real-Time Price · USD
272.88
-0.04 (-0.01%)
At close: Aug 21, 2026, 4:00 PM EDT
273.20
+0.32 (0.12%)
After-hours: Aug 21, 2026, 7:59 PM EDT
Constellation Energy Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | 3,465 | 2,319 | 3,749 | 1,623 | -160 | -205 |
Depreciation & Amortization | 3,246 | 2,601 | 2,700 | 2,514 | 2,427 | 2,706 |
Loss (Gain) on Sale of Investments | -763 | -429 | -322 | -783 | 807 | -426 |
Loss (Gain) on Equity Investments | - | - | - | - | - | 10 |
Restructuring Activities | - | - | - | - | - | 1,953 |
Change in Accounts Receivable | -264 | -363 | 688 | 396 | -868 | -616 |
Change in Inventory | -214 | -134 | -99 | 60 | -228 | -68 |
Change in Accounts Payable | -732 | 316 | 1,121 | -1,330 | 1,142 | 346 |
Change in Income Taxes | 429 | 625 | 296 | 325 | 162 | 256 |
Change in Other Net Operating Assets | -1,816 | -1,397 | -9,339 | -9,325 | -6,219 | -4,253 |
Other Operating Activities | 855 | 699 | -1,258 | 1,219 | 584 | -1,041 |
Operating Cash Flow | 4,206 | 4,237 | -2,464 | -5,301 | -2,353 | -1,338 |
Operating Cash Flow Growth | 822.37% | - | - | - | - | - |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Capital Expenditures | -3,911 | -2,963 | -2,597 | -4,112 | -1,718 | -1,359 |
Sale of Property, Plant & Equipment | - | - | - | - | - | 878 |
Cash Acquisitions | -2,537 | - | - | - | - | - |
Contributions to Nuclear Demissioning Trust | -8,196 | -7,284 | -6,282 | -6,050 | -4,271 | -6,673 |
Other Investing Activities | 8,103 | 7,049 | 16,307 | 13,193 | 9,093 | 10,436 |
Investing Cash Flow | -6,541 | -3,198 | 7,428 | 3,031 | 3,104 | 3,282 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Short-Term Debt Issued | - | 1,650 | 200 | 685 | 257 | 1,242 |
Long-Term Debt Issued | - | - | 920 | 3,195 | 14 | 152 |
Total Debt Issued | 12,837 | 1,650 | 1,120 | 3,880 | 271 | 1,394 |
Short-Term Debt Repaid | - | - | -1,844 | -200 | -1,180 | -285 |
Long-Term Debt Repaid | - | -1,076 | -121 | -168 | -1,420 | -105 |
Total Debt Repaid | -8,920 | -1,076 | -1,965 | -368 | -2,600 | -390 |
Net Debt Issued (Repaid) | 3,917 | 574 | -845 | 3,512 | -2,329 | 1,004 |
Issuance of Common Stock | - | - | - | - | 1,750 | 64 |
Repurchase of Common Stock | -1,971 | -400 | -999 | -992 | - | - |
Common Dividends Paid | -551 | -486 | -444 | -366 | -185 | -1,832 |
Other Financing Activities | -45 | -108 | -1 | 42 | -35 | -931 |
Financing Cash Flow | 1,350 | -420 | -2,289 | 2,196 | -799 | -1,695 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Cash Flow | -985 | 619 | 2,675 | -74 | -48 | 249 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 295 | 1,274 | -5,061 | -9,413 | -4,071 | -2,697 |
Free Cash Flow Growth | - | - | - | - | - | - |
Free Cash Flow Margin | 0.94% | 4.99% | -21.47% | -37.78% | -16.66% | -13.73% |
Free Cash Flow Per Share | 0.88 | 4.06 | -16.07 | -29.05 | -12.37 | - |
Levered Free Cash Flow | -6,625 | 1,258 | 4,225 | -1,683 | 1,364 | 1,920 |
Unlevered Free Cash Flow | -6,136 | 1,577 | 4,541 | -1,413 | 1,521 | 2,106 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash Interest Paid | 412 | 412 | 375 | 264 | 230 | 275 |
Cash Income Tax Paid | 446 | 446 | 436 | 466 | 287 | 426 |
Change in Working Capital | -2,597 | -953 | -7,333 | -9,874 | -6,011 | -4,335 |