Is CEG or SO cheaper?

On trailing earnings, SO is cheaper: CEG trades at a 23.81 P/E and SO at 23.81.

Which has grown faster, CEG or SO?

Over the past five years, CEG grew revenue faster — CEG at a 10.14% CAGR versus SO at 7.25%.

Does CEG or SO pay a bigger dividend?

CEG yields 0.59% and SO yields 3.20% based on trailing dividends and the latest price.

Is CEG or SO more profitable?

SO runs the higher net margin — CEG at 12.74% versus SO at 14.46%.

Constellation Energy Corporation (CEG) vs The Southern Company (SO)

SO leads on 8 of 14 compared metrics.

A side-by-side comparison of Constellation Energy Corporation and The Southern Company across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 21, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

CEG

Constellation Energy Corporation

Total return — CEG vs SO

growth of $100 · last 4y

CEG +552.5%SO +36.9%CEG compounded faster

CEG SO

CEG vs SO: by the numbers

•SO is the larger company ($104.94B vs $98.42B market cap).
•SO converts more revenue to profit (14.46% vs 12.74% net margin).
•CEG grew revenue faster over the past five years (10.14% vs 7.25% CAGR).
•SO pays the higher dividend yield (3.20% vs 0.59%).

Which is better, CEG or SO?

Metric tally: CEG 6 · SO 8

It depends on what you're optimizing for:

GrowthCEG(faster 5Y revenue CAGR)

IncomeSO(higher dividend yield)

QualitySO(higher ROIC)

Metrics side by side

Valuation

Metric	CEG	SO
P/E ratio	23.81	23.81
Forward P/E	20.27	18.91●
P/S ratio	3.25●	3.48
P/B ratio	2.90	2.83●
PEG ratio	0.73●	3.99
EV / EBITDA	14.34	12.47●
FCF yield	1.17%	—

Profitability

Metric	CEG	SO
Gross margin	77.92%●	43.11%
Operating margin	16.58%	24.15%●
Net margin	12.74%	14.46%●
ROE	11.36%	11.75%●
ROIC	4.00%	4.36%●

Dividends

Metric	CEG	SO
Dividend yield	0.59%	3.20%●
Payout ratio	22.01%	75.63%

Growth (annualized)

Metric	CEG	SO
Revenue CAGR (5Y)	10.14%●	7.25%
EPS CAGR (5Y)	32.64%●	5.96%
FCF CAGR (5Y)	5.38%●	-14.36%
Total return CAGR (5Y)	—	12.73%

Frequently asked

Which is better, CEG or SO?: It depends on your goal. growth: CEG (faster 5Y revenue CAGR); income: SO (higher dividend yield); quality: SO (higher ROIC). Across all compared metrics, SO leads 8 to 6.
Is CEG or SO cheaper?: On trailing earnings, SO is cheaper: CEG trades at a 23.81 P/E and SO at 23.81.
Which has grown faster, CEG or SO?: Over the past five years, CEG grew revenue faster — CEG at a 10.14% CAGR versus SO at 7.25%.
Does CEG or SO pay a bigger dividend?: CEG yields 0.59% and SO yields 3.20% based on trailing dividends and the latest price.
Is CEG or SO more profitable?: SO runs the higher net margin — CEG at 12.74% versus SO at 14.46%.

Go deeper

Full CEG analysis Full SO analysis Interactive comparison tool

Dig into the metrics

Constellation Energy P/E ratio Southern P/E ratio Constellation Energy dividend yield Southern dividend yield Constellation Energy ROE Southern ROE Constellation Energy operating margin Southern operating margin Constellation Energy revenue growth Southern revenue growth Constellation Energy free cash flow Southern free cash flow

Constellation Energy & Southern appear in these rankings

Highest Dividend Yield Stocks Dividend Aristocrats

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified June 21, 2026.