CEG vs FE
Constellation Energy (CEG) and FirstEnergy (FE) compared side by side. Constellation Energy (CEG) is larger, with a market cap of $89.8B versus $26.7B for FirstEnergy, about 3.4 times the size. On trailing earnings, FE is cheaper at 24.7x versus 24.8x for CEG.
Head to head
| Metric | CEG | FE |
|---|---|---|
| Market cap | $89.8B | $26.7B |
| P/E (TTM) | 24.8x | 24.7x |
| Forward P/E | 19.0x | 15.7x |
| Revenue (TTM) | $31.3B | $15.6B |
| Revenue growth | 23.0% | 8.8% |
| Gross margin | 22.1% | 68.6% |
| Operating margin | 8.7% | 19.3% |
| Free cash flow | $309.0M | -$2.0B |
| Dividend yield | 0.67% | 4.03% |
| 1-year return | -30.3% | +3.2% |
| 5-year return (annual) | — | +8.4% |
| Max drawdown | -51% | -56% |
| 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 FE FAQ
Which is bigger, CEG or FE?
Constellation Energy (CEG) is larger, with a market cap of $89.8B versus $26.7B for FirstEnergy, about 3.4 times the size.
Is CEG or FE cheaper?
On trailing earnings, FE is cheaper at 24.7x 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 FE?
FE returned +3.2% over the past year including dividends, versus -30.3% for CEG, through October 23, 2026.
Which pays a higher dividend, CEG or FE?
FE yields 4.03% versus 0.67% for CEG.
Full pages: Constellation Energy · FirstEnergy