Constellation Energy Corp (CEG)

Return on equity (ROE)

		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
Net income (ttm)	US$ in thousands	3,749,000	2,861,000	2,392,000	2,411,000	1,624,000	1,694,000	774,000	-169,000	-159,000	-151,000	645,000	694,000	-205,000	-228,000	-786,000	-249,000	589,000	967,000	1,175,000	807,000
Total stockholders’ equity	US$ in thousands	13,166,000	12,570,000	11,425,000	11,199,000	10,925,000	11,666,000	11,256,000	10,728,000	11,018,000	10,803,000	11,000,000	11,105,000	11,219,000	11,634,000	10,632,000	11,149,000	12,399,000	12,711,000	13,064,000	13,054,000
ROE		28.47%	22.76%	20.94%	21.53%	14.86%	14.52%	6.88%	-1.58%	-1.44%	-1.40%	5.86%	6.25%	-1.83%	-1.96%	-7.39%	-2.23%	4.75%	7.61%	8.99%	6.18%

December 31, 2024 calculation

ROE = Net income (ttm) ÷ Total stockholders’ equity
= $3,749,000K ÷ $13,166,000K
= 28.47%

Constellation Energy Corp's return on equity (ROE) has fluctuated over the specified periods. The ROE was relatively stable in the first half of 2020, ranging from 6.18% to 8.99%. However, there was a noticeable decline in the ROE in the latter half of 2020 and the first half of 2021, with negative returns recorded.

From March 2022 to December 2022, the ROE continued to be negative, indicating a period of financial challenges for the company. However, from March 2023 onwards, the ROE showed a positive trend, with significant increases recorded in the latter half of 2023 and throughout 2024. The ROE peaked at 28.47% by December 31, 2024, suggesting an improvement in the company's profitability and efficiency in utilizing shareholder equity to generate profits.

Overall, Constellation Energy Corp's ROE has shown both periods of instability and recovery, with a notable turnaround in performance towards the end of the period under review.