Constellation Energy (CEG) vs NextEra Energy (NEE)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 7, 2026.
Summary
NextEra Energy (NEE) has outperformed Constellation Energy (CEG) over the past year, losing 7.4% versus a loss of 16.4%. NextEra Energy is the larger company by market cap ($160.75 billion vs $106.15 billion), about 1.5 times the size. On valuation, NextEra Energy trades at a lower forward P/E (17.6x vs 22.5x for Constellation Energy).
NextEra Energy offers the higher dividend yield (3.09% vs 0.54%). NextEra Energy converts more of its revenue into profit, with a net margin of 26.5% versus 9.1%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | CEG | NEE |
|---|---|---|
| Share price | $299.59 | $77.06 |
| Market cap | $106.15B | $160.75B |
| 1-day change | -0.27% | -1.05% |
| YTD return | -15.20% | -4.01% |
| 1-year return | -16.35% | -7.39% |
| 5-year return | — | -5.64% |
| P/E ratio (TTM) | 29.29 | 17.32 |
| Forward P/E | 22.49 | 17.55 |
| EPS (TTM) | $10.23 | $4.45 |
| Dividend yield | 0.54% | 3.09% |
| Annual dividend | $1.63 | $2.38 |
| Revenue (latest FY) | $25.53B | $25.80B |
| Revenue growth (YoY) | +8.34% | +9.79% |
| Net income (latest FY) | $2.32B | $6.83B |
| Operating margin | 12.09% | 32.09% |
| Net margin | 9.08% | 26.49% |
| 52-week high | $412.70 | $98.75 |
| 52-week low | $228.63 | $74.41 |
| Distance from 52-week high | -27.41% | -21.96% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +14.00% | +26.42% |
| Average volume | 2.96M | 11.31M |
| Shares outstanding | 354.31M | 2.09B |
| Employees | 15,291 | 17,400 |
| Sector | Utilities | Utilities |
| Industry | Electric Utilities: Central | Electric Utilities: Central |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Constellation Energy trades at a higher earnings multiple (29.3x vs 17.3x trailing P/E).
- NextEra Energy offers a meaningfully higher dividend yield (3.09% vs 0.54%).
- NextEra Energy is more profitable, keeping 26.5 cents of every revenue dollar as net income versus 9.1 cents for Constellation Energy.
About Constellation Energy
CEG stock →Constellation Energy Corporation produces and sells energy products and services in the United States. The company operates through five segments: Mid-Atlantic, Midwest, New York, ERCOT, and Other Power Regions.
Utilities · Electric Utilities: Central · 15,291 employees
About NextEra Energy
NEE stock →NextEra Energy, Inc., through its subsidiaries, generates, stores, transmits, distributes, and sells electric power to retail and wholesale customers in North America. It operates through Florida Power & Light Company (FPL) and NEER segments.
Utilities · Electric Utilities: Central · 17,400 employees
CEG vs NEE FAQ
Which is bigger, Constellation Energy or NextEra Energy?
NextEra Energy (NEE) is larger, with a market capitalization of $160.75B compared with $106.15B for Constellation Energy (CEG).
Which stock has performed better over the past year, CEG or NEE?
NEE returned -7.39% over the past 12 months, compared with -16.35% for CEG (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, CEG or NEE?
NEE has the lower trailing P/E at 17.3, versus 29.3 for CEG. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Constellation Energy or NextEra Energy?
NextEra Energy has the higher yield at 3.09%, compared with 0.54% for Constellation Energy.
Are Constellation Energy and NextEra Energy in the same industry?
Yes. Both are classified in the Electric Utilities: Central industry within the Utilities sector.