Constellation Energy (CEG) vs Talen Energy (TLN)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Talen Energy (TLN) has outperformed Constellation Energy (CEG) over the past year, losing 12.2% versus a loss of 16.4%. Constellation Energy is the larger company by market cap ($99.59 billion vs $16.94 billion), about 5.9 times the size, while Talen Energy is growing revenue faster (+22.0% vs +8.3%). On valuation, Talen Energy trades at a lower forward P/E (11.6x vs 21.1x for Constellation Energy).
Constellation Energy pays a dividend yielding 0.58%, while Talen Energy does not currently pay one. Constellation Energy converts more of its revenue into profit, with a net margin of 9.1% versus -8.5%.
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 | TLN |
|---|---|---|
| Share price | $281.08 | $358.23 |
| Market cap | $99.59B | $16.94B |
| 1-day change | -6.18% | -5.31% |
| YTD return | -15.20% | +0.93% |
| 1-year return | -16.35% | -12.23% |
| P/E ratio (TTM) | 27.48 | — |
| Forward P/E | 21.10 | 11.65 |
| EPS (TTM) | $10.23 | $-4.13 |
| Dividend yield | 0.58% | 0.00% |
| Annual dividend | $1.63 | $0.00 |
| Revenue (latest FY) | $25.53B | $2.58B |
| Revenue growth (YoY) | +8.34% | +22.03% |
| Net income (latest FY) | $2.32B | $-219.00M |
| Operating margin | 12.09% | -3.49% |
| Net margin | 9.08% | -8.49% |
| 52-week high | $412.70 | $449.84 |
| 52-week low | $228.63 | $279.77 |
| Distance from 52-week high | -31.89% | -20.37% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +21.51% | +27.19% |
| Average volume | 3.03M | 857.41K |
| Shares outstanding | 354.31M | 47.30M |
| Employees | 15,291 | 1,880 |
| 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 is about 5.9 times larger than Talen Energy by market value ($99.59B vs $16.94B).
- Constellation Energy is more profitable, keeping 9.1 cents of every revenue dollar as net income versus -8.5 cents for Talen Energy.
- Talen Energy grew revenue faster in its latest fiscal year (+22.03% vs +8.34%).
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 Talen Energy
TLN stock →Talen Energy Corporation, an independent power producer and infrastructure company, produces and sells electricity, capacity, and ancillary services into wholesale power markets in the United States. The company's plants generate power using a variety of fuels, such as nuclear, fossil, oil, natural gas, and coal power plants.
Utilities · Electric Utilities: Central · 1,880 employees
CEG vs TLN FAQ
Which is bigger, Constellation Energy or Talen Energy?
Constellation Energy (CEG) is larger, with a market capitalization of $99.59B compared with $16.94B for Talen Energy (TLN).
Which stock has performed better over the past year, CEG or TLN?
TLN returned -12.23% over the past 12 months, compared with -16.35% for CEG (price return, excluding dividends). Past performance does not predict future results.
Which pays a higher dividend, Constellation Energy or Talen Energy?
Constellation Energy pays a dividend yielding 0.58%, while Talen Energy does not currently pay a regular dividend.
Are Constellation Energy and Talen Energy in the same industry?
Yes. Both are classified in the Electric Utilities: Central industry within the Utilities sector.