Constellation Energy Corporation (CEG) vs The Southern Company (SO)
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 August 5, 2026. Differences are shown without an overall score or investment verdict.
CEG
Constellation Energy Corporation
$265.12UtilitiesDelayed quote: Aug 5, 2026, 4:00 PM EDT
SO
The Southern Company
$93.10UtilitiesDelayed quote: Aug 5, 2026, 4:00 PM EDT
Total return — CEG vs SO
growth of $100 · dividends reinvested · last 5yCEG +560.0%SO +60.6%CEG compounded faster
CEG SO
CEG vs SO: by the numbers
- •SO is the larger company ($107.10B vs $95.21B market cap).
- •SO trades at the lower trailing earnings multiple (22.52 vs 23.22 P/E), one valuation lens rather than an overall verdict.
- •SO converts more revenue to profit (15.43% vs 12.74% net margin).
- •CEG grew revenue faster over the past five years (10.14% vs 6.68% CAGR).
- •SO pays the higher dividend yield (3.20% vs 0.61%).
Metrics side by side
Valuation
| Metric | CEG | SO |
|---|---|---|
| P/E ratio | 23.22 | 22.52 |
| Forward P/E | 22.77 | 20.35 |
| P/S ratio | 3.17 | 3.53 |
| P/B ratio | 2.83 | 2.51 |
| PEG ratio | 0.71 | 3.78 |
| EV / EBITDA | 16.22 | 13.40 |
| FCF yield | 1.20% | 2.80% |
Profitability
| Metric | CEG | SO |
|---|---|---|
| Gross margin | 77.92% | 29.81% |
| Operating margin | 16.58% | 24.19% |
| Net margin | 12.74% | 15.43% |
| ROE | 11.36% | 11.00% |
| ROIC | 4.00% | 4.36% |
Dividends
| Metric | CEG | SO |
|---|---|---|
| Dividend yield | 0.61% | 3.20% |
| Payout ratio | 22.01% | 75.63% |
Growth (annualized)
| Metric | CEG | SO |
|---|---|---|
| Revenue CAGR (5Y) | 10.14% | 6.68% |
| EPS CAGR (5Y) | 32.64% | 5.96% |
| FCF CAGR (5Y) | 5.38% | N/A |
| Total return CAGR (5Y) | N/A | 11.84% |
Frequently asked
- Which has the lower trailing P/E, CEG or SO?
- SO has the lower trailing P/E: CEG trades at 23.22 and SO at 22.52. P/E is one valuation measure and does not by itself establish which business is cheaper.
- 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 6.68%.
- Does CEG or SO pay a bigger dividend?
- CEG yields 0.61% 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 15.43%.
Go deeper
Dig into the metrics
Constellation Energy P/E ratioSouthern P/E ratioConstellation Energy dividend yieldSouthern dividend yieldConstellation Energy ROESouthern ROEConstellation Energy operating marginSouthern operating marginConstellation Energy revenue growthSouthern revenue growthConstellation Energy free cash flowSouthern free cash flow
Constellation Energy & Southern appear in these rankings
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 August 5, 2026.