Q3 2024 Earnings

Utilities Renewable Utilities

Income Statement

Revenue

$6.5B+7.2% YoY

Gross Profit

$1.9B28.9% margin

Operating Income

$1.5B22.4% margin

Net Income

$1.2B18.3% margin

EPS (Diluted)

$3.82

QoQ Revenue Growth

+19.6%

Cash Flow

Operating Cash Flow

-$112M

Free Cash Flow

-$664M

Stock-Based Comp.

-$20M

Balance Sheet

Total Assets

$51.8B

Total Liabilities

$38.9B

Stockholders' Equity

$12.6B

Cash & Equivalents

$1.8B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$6.5B	$6.1B	+7.2%
Gross Profit	$1.9B	$1.5B	+27.7%
Operating Income	$1.5B	$977M	+50.2%
Net Income	$1.2B	$731M	+64.2%

Revenue Segments

Constellation Mid Atlantic

$1.6B30%

Constellation Other Regions

$1.4B27%

Constellation Midwest

$1.3B24%

Constellation ERCOT

$523M10%

Constellation New York

$511M10%

Geographic Segments