Filing Flows › Constellation Energy (CEG) › Q4 2024
Constellation Energy (CEG) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Feb 18, 2025
Constellation Energy (CEG) reported revenue of $5.4B for the fourth quarter 2024 (Q4 2024), -7% from a year earlier and -18% from the quarter before. Operating margin was 18.1%, net earnings $850M (15.8% of revenue).
Constellation Energy, Q4 2024: revenue $5.4B (-7% year over year), operating margin 18.1%, net earnings $850M, operating cash flow −$1.0B. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $5.4B | -18% | -7% |
| Operating profit | $972M | -34% | — |
| Net earnings | $850M | -29% | — |
| Operating cash flow | −$1.0B | — | — |
What changed
Revenue was $5.4B in Q4 2024, down 7% year over year and down 18% from the previous quarter.
Operating profit was $1.0B, a 18.1% margin (up 19.2 points year over year). Total costs fell 25% while revenue fell 7%. Net earnings were $0.85B. The effective tax rate was 0.7%.
Operating cash flow was −$1.0B. Non-cash charges added back $0.65B of depreciation and amortization. Working capital and other items used $2.5B. Capital expenditures of $0.73B exceeded it, leaving free cash flow of −$1.7B.
Questions
What was Constellation Energy's revenue in the fourth quarter 2024?
Constellation Energy (CEG) reported revenue of $5.4B for the fourth quarter 2024 (Q4 2024), -7% from a year earlier and -18% from the quarter before.
Was Constellation Energy profitable in the fourth quarter 2024?
Operating profit was $972M (18.1% of revenue) and net earnings $850M.