Constellation Energy Corporation (CEG) vs Vistra Corp. (VST)
A side-by-side comparison of Constellation Energy Corporation and Vistra Corp. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 23, 2026. Differences are shown without an overall score or investment verdict.
CEG
Constellation Energy Corporation
$272.88UtilitiesAt close: Aug 21, 2026, 4:00 PM ET
VST
Vistra Corp.
$136.21UtilitiesAt close: Aug 21, 2026, 4:00 PM ET
Total return — CEG vs VST
growth of $100 · dividends reinvested · last 5yCEG +575.0% (+46.5%/yr)VST +550.9% (+45.4%/yr)CEG compounded faster over this window
CEG VST
CEG vs VST: by the numbers
- •CEG is the larger company ($97.99B vs $45.93B market cap).
- •VST trades at the lower trailing earnings multiple (22.93 vs 26.52 P/E), one valuation lens rather than an overall verdict.
- •VST converts more revenue to profit (13.89% vs 11.12% net margin).
- •CEG grew revenue faster over the past five years (10.83% vs 6.24% CAGR).
- •VST pays the higher dividend yield (0.67% vs 0.60%).
Metrics side by side
Valuation
| Metric | CEG | VST |
|---|---|---|
| P/E ratio | 26.52 | 22.93 |
| Forward P/E | 22.83 | 15.38 |
| P/S ratio | 3.09 | 2.90 |
| P/B ratio | 3.02 | 8.44 |
| EV / EBITDA | 16.66 | 21.19 |
| FCF yield | 0.32% | 2.97% |
Profitability
| Metric | CEG | VST |
|---|---|---|
| Gross margin | 75.83% | 12.97% |
| Operating margin | 14.65% | 2.34% |
| Net margin | 11.12% | 13.89% |
| ROE | 10.88% | 40.48% |
| ROIC | 3.42% | 0.87% |
Dividends
| Metric | CEG | VST |
|---|---|---|
| Dividend yield | 0.60% | 0.67% |
| Payout ratio | 22.01% | 41.18% |
Growth (annualized)
| Metric | CEG | VST |
|---|---|---|
| Revenue CAGR (5Y) | 10.83% | 6.24% |
| EPS CAGR (5Y) | 32.64% | 11.20% |
| FCF CAGR (5Y) | 3.83% | -42.65% |
| Total return CAGR (5Y) | N/A | 52.43% |
Frequently asked
- Which has the lower trailing P/E, CEG or VST?
- VST has the lower trailing P/E: CEG trades at 26.52 and VST at 22.93. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, CEG or VST?
- Over the past five years, CEG grew revenue faster — CEG at a 10.83% CAGR versus VST at 6.24%.
- Does CEG or VST pay a bigger dividend?
- CEG yields 0.60% and VST yields 0.67% based on trailing dividends and the latest price.
- Is CEG or VST more profitable?
- VST runs the higher net margin — CEG at 11.12% versus VST at 13.89%.
Go deeper
Dig into the metrics
Constellation Energy P/E ratioVistra P/E ratioConstellation Energy dividend yieldVistra dividend yieldConstellation Energy ROEVistra ROEConstellation Energy operating marginVistra operating marginConstellation Energy revenue growthVistra revenue growthConstellation Energy free cash flowVistra free cash flow
Constellation Energy & Vistra 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 23, 2026.