Q4 2024 Earnings

Utilities Renewable Utilities

Income Statement

Revenue

$5.4B-7.1% YoY

Gross Profit

$1.3B23.9% margin

Operating Income

$972M18.1% margin

Net Income

$852M15.8% margin

EPS (Diluted)

$2.71

QoQ Revenue Growth

-17.8%

Cash Flow

Operating Cash Flow

-$1.0B

Free Cash Flow

-$1.7B

Stock-Based Comp.

Balance Sheet

Total Assets

$52.9B

Total Liabilities

$39.4B

Stockholders' Equity

$13.2B

Cash & Equivalents

$3.0B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$5.4B	$5.8B	-7.1%
Gross Profit	$1.3B	$267M	+381.6%
Operating Income	$972M	-$67M	+1550.7%
Net Income	$852M	-$36M	+2466.7%

Revenue Segments

Constellation Midwest

$1.3B27%

Constellation Mid Atlantic

$1.3B27%

Constellation Other Regions

$1.2B27%

Constellation New York

$506M11%

Constellation ERCOT

$349M8%

Geographic Segments

Constellation Midwest

$1.3B27%

Constellation Mid Atlantic

$1.3B27%

Constellation Other Regions

$1.2B27%

Constellation New York

$506M11%

Constellation ERCOT

$349M8%