Constellation Energy annual capital expenditures (capex)
2020
2021
2022
2023
2024
2025
Constellation Energy Capital Expenditures (CapEx) Growth & History (CEG)
Constellation Energy's capital expenditures (capex) was $2.95B for fiscal 2025.
View full Constellation Energy company overviewConstellation Energy annual capital expenditures (capex) history
| Fiscal year | Period ended | Capital expenditures (CapEx) | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $2.95B | $384.0M | +14.97% |
| 2024 | 2024-12-31 | $2.56B | $143.0M | +5.90% |
| 2023 | 2023-12-31 | $2.42B | $733.0M | +43.40% |
| 2022 | 2022-12-31 | $1.69B | $360.0M | +27.09% |
| 2021 | 2021-12-31 | $1.33B | −$418.0M | −23.93% |
| 2020 | 2020-12-31 | $1.75B | — | — |
Constellation Energy quarterly capital expenditures (capex)
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Capital expenditures (CapEx) | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $1.25B | $479.0M | +62.45% |
| Q1 2026 | 2026-03-31 | $1.27B | $469.0M | +58.19% |
| Q4 2025 | 2025-12-31 | $986.0M | $257.0M | +35.25% |
| Q3 2025 | 2025-09-30 | $390.0M | −$162.0M | −29.35% |
| Q2 2025 | 2025-06-30 | $767.0M | $221.0M | +40.48% |
| Q1 2025 | 2025-03-31 | $806.0M | $68.0M | +9.21% |
| Q4 2024 | 2024-12-31 | $729.0M | $42.0M | +6.11% |
| Q3 2024 | 2024-09-30 | $552.0M | $153.0M | +38.35% |
| Q2 2024 | 2024-06-30 | $546.0M | −$130.0M | −19.23% |
| Q1 2024 | 2024-03-31 | $738.0M | $78.0M | +11.82% |
| Q4 2023 | 2023-12-31 | $687.0M | $88.0M | +14.69% |
| Q3 2023 | 2023-09-30 | $399.0M | $109.0M | +37.59% |
| Q2 2023 | 2023-06-30 | $676.0M | $286.0M | +73.33% |
| Q1 2023 | 2023-03-31 | $660.0M | $250.0M | +60.98% |
| Q4 2022 | 2022-12-31 | $599.0M | $356.0M | +146.50% |
| Q3 2022 | 2022-09-30 | $290.0M | −$77.0M | −20.98% |
| Q2 2022 | 2022-06-30 | $390.0M | $53.0M | +15.73% |
| Q1 2022 | 2022-03-31 | $410.0M | $28.0M | +7.33% |
| Q4 2021 | 2021-12-31 | $243.0M | — | — |
| Q3 2021 | 2021-09-30 | $367.0M | — | — |
| Q2 2021 | 2021-06-30 | $337.0M | — | — |
| Q1 2021 | 2021-03-31 | $382.0M | — | — |
Constellation Energy capital expenditures (capex) trends
Over the last five fiscal years, Constellation Energy's capital expenditures (capex) increased from $1.75B to $2.95B, a change of $1.20B. The latest reported quarter, Q2 2026, shows $1.25B.
About the metric
What capital expenditures (CapEx) mean
Capital expenditures, commonly called CapEx, are cash investments in long-lived assets such as property, plants, equipment, infrastructure, and productive software. CapEx can support future growth or maintain existing operations, but it reduces current-period free cash flow.
Calculation and source
SEC-reported capital expenditures
TickerStat standardizes cash payments for property, plant, equipment, and other productive assets reported in company SEC filings. When a filer reports separate qualifying CapEx components instead of a total, those components are combined for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Constellation Energy source filings ↗Community posts
Constellation agrees to buy Shell’s Rhode Island power plant for $715 million
Constellation ($CEG) agreed to acquire the Rhode Island State Energy Center from Shell ($SHEL) for $715 million. The 609-megawatt combined-cycle natural-gas plant is located in Johnston, Rhode Island. Constellation estimates that first-year ...