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Constellation Energy CEG ERCOT — Revenues, Net of Purchased Power and Fuel Expense

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Other financials

Income statement

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Revenue$11.1B+63.8%
Operating income$2.3B+417%
Net income$1.6B+1,247%
EPS (diluted)$4.49+1,082%

Balance sheet

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Cash & equivalents$800.0M-56.7%
Total debt$22.1B
Total assets$96.9B

Cash flow

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Operating cash flow$425.0M+297%
CapEx$1.3B+58.2%
Free cash flow-$850.0M-21.6%

Valuation

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Market cap$95.95B+0.4%
Enterprise value$117.25B
P/E29.4×
P/S3.2×

Profitability

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Operating margin12.4%
Net margin10.9%
FCF margin-7%

Returns & leverage

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Current ratio1.4×

Where this comes from

Reported directly by Constellation Energy in its filing.

Tagged under the XBRL concept ceg:RevenuesNetOfPurchasedPowerAndFuelExpense.

The official record: Constellation Energy’s 10-Q, filed May 11, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Constellation Energy's ERCOT — revenues, net of purchased power and fuel expense?
Constellation Energy (CEG) reported ERCOT — revenues, net of purchased power and fuel expense of $209M in Q1 2026.
What does ERCOT — revenues, net of purchased power and fuel expense mean?
This metric measures the gross margin generated by the ERCOT segment after accounting for the direct costs of power and fuel procurement. It serves as a key indicator of the segment's ability to capture value from energy sales while managing commodity price risk. By isolating this margin, stakeholders can evaluate the underlying profitability of the segment's energy marketing and generation activities.