Constellation Energy Corp (CEG)
Return on total capital
| 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 interest and tax (EBIT) (ttm) | US$ in thousands | 4,657,000 | 3,672,000 | 2,889,000 | 2,499,000 | 1,725,000 | 1,673,000 | 427,000 | -665,000 | -270,000 | -842,000 | 293,000 | 876,000 | -436,000 | 608,000 | 698,000 | 830,000 | 2,046,000 | 1,828,000 | 1,453,000 | 1,309,000 |
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| 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 |
| Return on total capital | 35.37% | 29.21% | 25.29% | 22.31% | 15.79% | 14.34% | 3.79% | -6.20% | -2.45% | -7.79% | 2.66% | 7.89% | -3.89% | 5.23% | 6.57% | 7.44% | 16.50% | 14.38% | 11.12% | 10.03% |
December 31, 2024 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $4,657,000K ÷ ($—K + $13,166,000K)
= 35.37%
Constellation Energy Corp's return on total capital has shown fluctuations over the period from March 31, 2020, to December 31, 2024. The return on total capital increased steadily from 10.03% in March 2020 to a peak of 35.37% by December 2024. There were periods of both positive and negative returns, reflecting the company's performance and efficiency in utilizing its capital resources. Notable increases in return on total capital were observed in the second half of 2023 and throughout 2024, indicating improved profitability and effective capital deployment strategies. However, there were also periods of decline, such as in the second half of 2022 and the first quarter of 2023, where returns turned negative. Overall, the upward trend in return on total capital suggests that Constellation Energy Corp has been able to generate higher returns relative to the total capital invested in the business, showcasing its ability to create value for its stakeholders.
Peer comparison
Dec 31, 2024