Company / Operating Margin
Constellation Energy Operating Margin History
FY2020-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Margin
12.1%
FY2025
5-year range
-1.8% / 18.5%
FY2021-FY2025
Trend
-34.5%
vs FY2024
Sector context
#52 of 60
Utilities
What the data says
Constellation Energy's operating margin of 12.1% is lower than 87% of companies in the Utilities sector (FY2025). Improved from 6.5% to 12.1% over the past 2 years.
Based on SEC 10-K filings.
12.1% in FY2025 with a 5-year CAGR of +10.6%.
Improved from 6.5% to 12.1% over the past 2 years.
Utilities sector context is included.
Operating Margin over time
Growth rates
- 3-Year Change
- +10.1pp
- 5-Year Change
- +10.6pp
- 10-Year Change
- -
Sector benchmark
Bottom 13% in UtilitiesTop 87% of 60This company 12.1% Sector average 22.0%
▼
-44.9% below sector average
Key checks
Key Insights
- In FY2025, operating margin decreased 34.5% year-over-year.
- Currently 9.9pp below the Utilities sector average.
- Peak operating margin was recorded in FY2024.
- Lowest operating margin in the period was in FY2021.
Company context
Key Data Points
- Altman Z-Score 0.89 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Operating MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | 12.1% | -34.5% |
| FY2024 | 18.5% | +185.9% |
| FY2023 | 6.5% | +218.2% |
| FY2022 | 2.0% | +215.3% |
| FY2021 | -1.8% | -221.1% |
| FY2020 | 1.5% | - |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026