Constellation Energy vs Duke Energy
Duke Energy is the larger business, with $32.24bn of revenue in fiscal 2025 against $25.53bn for Constellation Energy (1.3 times as much). Constellation Energy grew faster (8.3% against 6.2%). Duke Energy kept more of each dollar of sales as profit: a net margin of 15.4% against 9.1%. Constellation Energy carries less debt relative to equity (62.4% against 173.3%).
| Latest fiscal year | Constellation EnergyCEG, 2025 | Duke EnergyDUK, 2025 |
|---|---|---|
| Revenue | $25.53bn | $32.24bn |
| Revenue growth | 8.3% | 6.2% |
| Net income | $2.32bn | $4.97bn |
| Operating margin | 12.1% | 26.8% |
| Net margin | 9.1% | 15.4% |
| Return on equity | 16.8% | 9.7% |
| Free cash flow | $1.29bn | −$1.69bn |
| Cash | $3.64bn | $245m |
| Total debt | $9.05bn | $89.84bn |
| Debt to equity | 62.4% | 173.3% |
| Dividend per share | — | $4.22 |
| Dividend yield | 0.6% | 3.4% |
| Share buybacks | $400m | — |
| Employees | 14,264 | 26,441 |
| Market value | $93.51bn | $98.67bn |
| Price vs our value range | — | — |
| Moat score | 17 (Weak) | 41 (Weak) |
| Insider trades, 12 months | 1 buys, 0 sales | 0 buys, 12 sales |