Constellation Energy Corp (CEG)
Pretax margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 4,516,000 | 3,800,000 | 3,050,000 | 3,257,000 | 2,447,000 | 2,451,000 | 1,244,000 | -365,000 | -542,000 | -529,000 | 597,000 | 1,159,000 | 151,000 | 295,000 | -391,000 | 209,000 | 782,000 | 973,000 | 1,145,000 | 583,000 |
| Revenue (ttm) | US$ in thousands | 23,327,000 | 22,809,000 | 22,370,000 | 22,543,000 | 23,986,000 | 26,455,000 | 26,395,000 | 26,414,000 | 24,440,000 | 22,639,000 | 20,994,000 | 19,682,000 | 19,650,000 | 18,449,000 | 18,702,000 | 18,429,000 | 17,603,000 | 17,916,000 | 18,031,000 | 18,361,000 |
| Pretax margin | 19.36% | 16.66% | 13.63% | 14.45% | 10.20% | 9.26% | 4.71% | -1.38% | -2.22% | -2.34% | 2.84% | 5.89% | 0.77% | 1.60% | -2.09% | 1.13% | 4.44% | 5.43% | 6.35% | 3.18% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $4,516,000K ÷ $23,327,000K
= 19.36%
The pretax margin of Constellation Energy Corp has shown fluctuations over the period from March 31, 2020 to December 31, 2024. The pretax margin started at a modest 3.18% in March 2020 and varied between positive and negative percentages until reaching a peak of 19.36% in December 2024. Notably, the pretax margin experienced some volatility, with negative values recorded in several quarters, indicating challenges in generating profits before taxes in those periods.
Overall, there appears to be an improving trend in the pretax margin from the initial period to the end of the data, with occasional dips and peaks along the way. It is essential for Constellation Energy Corp to continue monitoring and managing its pretax margin effectively to ensure sustainable profitability in the future.
Peer comparison
Dec 31, 2024