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Constellation Energy vs Nextera Energy: revenue, profit, margins and growth compared

Constellation Energy brought in $25.5B of revenue in fiscal 2025, Nextera Energy $27.4B in fiscal 2025. Revenue changed by +8.3% at Constellation Energy and +10.7% at Nextera Energy on the year before, so Nextera Energy grew faster. Constellation Energy kept 9.1% of its revenue as net profit, Nextera Energy 24.9%.

Side by side, latest fiscal year

CEGNEE
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$25.5B$27.4B
Revenue growth+8.3%+10.7%
Net income$2.3B$6.8B
Net margin9.1%24.9%
Free cash flow$1.3Bn/a
Free cash flow margin5.0%n/a
Earnings per share (diluted)$7.40$3.30
Cash$3.6B$2.8B
Debt$7.4B$93.1B
Price to earnings35.623.1
Market value$93.3B$158.7B
Dividend yield0.15%2.98%
Rank by revenue in sector#7 of 109 · Utilities#6 of 109 · Utilities

Over the years

Revenue
CEG FY2020: $17.6BCEG FY2022: $19.6BCEG FY2022: $24.4BCEG FY2023: $24.9BCEG FY2024: $23.6BCEG FY2025: $25.5BNEE FY2018: $16.7BNEE FY2019: $19.2BNEE FY2020: $18BNEE FY2021: $18.8BNEE FY2022: $23BNEE FY2023: $28.1BNEE FY2024: $24.8BNEE FY2025: $27.4BFY18FY19FY20FY21FY22FY23FY24FY25
CEG $25.5BNEE $27.4B
Net income
CEG FY2020: $589MCEG FY2022: -$205MCEG FY2022: -$160MCEG FY2023: $1.6BCEG FY2024: $3.7BCEG FY2025: $2.3BNEE FY2018: $6.6BNEE FY2019: $3.8BNEE FY2020: $2.9BNEE FY2021: $3.6BNEE FY2022: $4.1BNEE FY2023: $7.3BNEE FY2024: $6.9BNEE FY2025: $6.8BFY18FY19FY20FY21FY22FY23FY24FY25
CEG $2.3BNEE $6.8B
Net margin
CEG FY2020: 3.3%CEG FY2022: -1.0%CEG FY2022: -0.7%CEG FY2023: 6.5%CEG FY2024: 15.9%CEG FY2025: 9.1%NEE FY2018: 39.7%NEE FY2019: 19.6%NEE FY2020: 16.2%NEE FY2021: 19.0%NEE FY2022: 18.0%NEE FY2023: 26.0%NEE FY2024: 28.1%NEE FY2025: 24.9%FY18FY19FY20FY21FY22FY23FY24FY25
CEG 9.1%NEE 24.9%
Revenue growth
CEG FY2022: +11.6%CEG FY2022: +24.4%CEG FY2023: +2.0%CEG FY2024: -5.4%CEG FY2025: +8.3%NEE FY2019: +14.8%NEE FY2020: -6.3%NEE FY2021: +4.5%NEE FY2022: +22.3%NEE FY2023: +22.2%NEE FY2024: -12.0%NEE FY2025: +10.7%FY19FY20FY21FY22FY23FY24FY25
CEG +8.3%NEE +10.7%
Free cash flow
CEG FY2020: -$1.2BCEG FY2022: -$2.7BCEG FY2022: -$4BCEG FY2023: -$7.7BCEG FY2024: -$5BCEG FY2025: $1.3BFY20FY22FY23FY24FY25
CEG $1.3BNEE

Fiscal years as each company reports them; the two may end in different months.

Questions about Constellation Energy and Nextera Energy

Which is bigger by revenue, Constellation Energy or Nextera Energy?

Nextera Energy is bigger by revenue: $27.4B in fiscal 2025, against $25.5B for Constellation Energy in fiscal 2025.

Which keeps more of its revenue as profit, Constellation Energy or Nextera Energy?

Constellation Energy had a net margin of 9.1% in fiscal 2025; Nextera Energy had 24.9% in fiscal 2025.

Which grew revenue faster, Constellation Energy or Nextera Energy?

In their latest fiscal years revenue changed by +8.3% at Constellation Energy and +10.7% at Nextera Energy.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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