CEG vs ES
Constellation Energy (CEG) and Eversource Energy (ES) compared side by side. Constellation Energy (CEG) is larger, with a market cap of $89.8B versus $25.4B for Eversource Energy, about 3.5 times the size. On trailing earnings, ES is cheaper at 17.5x versus 24.8x for CEG.
Head to head
| Metric | CEG | ES |
|---|---|---|
| Market cap | $89.8B | $25.4B |
| P/E (TTM) | 24.8x | 17.5x |
| Forward P/E | 19.0x | 13.7x |
| Revenue (TTM) | $31.3B | $14.0B |
| Revenue growth | 23.0% | 2.3% |
| Gross margin | 22.1% | 52.8% |
| Operating margin | 8.7% | 23.9% |
| Free cash flow | $309.0M | $236.7M |
| Dividend yield | 0.67% | 4.67% |
| 1-year return | -30.3% | -4.5% |
| 5-year return (annual) | — | -0.9% |
| Max drawdown | -51% | -65% |
| FI Handbook grade | C- | C- |
Highlighted: the stronger figure on metrics where higher or lower is clearly better.
Growth of $10,000 (5 years, price only)
CEG vs ES FAQ
Which is bigger, CEG or ES?
Constellation Energy (CEG) is larger, with a market cap of $89.8B versus $25.4B for Eversource Energy, about 3.5 times the size.
Is CEG or ES cheaper?
On trailing earnings, ES is cheaper at 17.5x versus 24.8x for CEG. A lower P/E can reflect slower expected growth, so compare growth and margins too.
Which stock performed better over the past year, CEG or ES?
ES returned -4.5% over the past year including dividends, versus -30.3% for CEG, through October 23, 2026.
Which pays a higher dividend, CEG or ES?
ES yields 4.67% versus 0.67% for CEG.
Full pages: Constellation Energy · Eversource Energy