Constellation Energy Corporation (CEG) Insider, 13F Hedge Fund & Politician Buy/Sell Thermometer

Per the Roarable RQD rating, CEG scores 57 out of 100, equating to a letter grade of D+ and a verdict label of "Roarable Sell — Weak Fundamentals / Trim." The five pillars are: Fundamental Cash Engine at 13/20 (ROIC 13.4%; FCF yield 1.37%); Whale 13F Flow at 9/20 (institutional accumulation and options positioning); Insider Conviction at 13/20 (SEC Form 4 and Congressional PTR cluster flow); Macro Regime Fit at 8/20 (Beta 0.71; sector sensitivity); and Forensic Balance Sheet at 14/20 (Altman Z 2.13; Piotroski F 8/9; Debt/Equity 0.5).

For a prospective investor, the pillar mix suggests the strongest support comes from balance-sheet quality and a respectable return on invested capital, while the weakest readings are institutional flow and macro-regime fit. The thin FCF yield of 1.37% indicates that the current share price already embeds substantial expectations about future cash generation; investors would be paying for growth that the trailing cash engine does not yet demonstrate. The low beta of 0.71 implies lower sensitivity to broad market moves, which can be a defensive attribute, but the macro-regime pillar scored only 8/20, signaling that the sector-level sensitivities captured in the rating are not favorable. Upside drivers would need to come from execution on contracted cash flows; valuation tradeoffs are visible in the elevated P/E multiples shown in the Snapshot.

Constellation Energy Corporation is a NASDAQ-listed issuer in the Utilities sector, classified under Electric Utilities: Central. Per the company profile, its market capitalization is $93.7B. Per the Butterfly Supply-Chain Graph, the company's named relationship with Microsoft involves a 20-year power purchase agreement for carbon-free nuclear electricity tied to the restart of Three Mile Island Unit 1 (Crane Clean Energy Center), supplying PJM baseload power. The source data does not provide a detailed breakdown of revenue by customer type or product line beyond this disclosure.

Per the SEC financials, operating margin is 13.6% and net margin is 10.2% per the market data section, with gross margin reported as 0%. Free cash flow moved from negative in FY 2023 and FY 2024 to positive at $1288.0M in FY 2025. Per the Roarable RQD rating, the Altman Z-Score is 2.13, the Piotroski F-Score is 8/9, and Debt/Equity is 0.5. Debt declined from $12064.7M in FY 2023 to $7250.0M in FY 2025.

• What is the company's EPS for the reported fiscal periods, given that EPS is shown as N/A across FY 2023 through FY 2025?
• What is the cash balance for FY 2023, which is recorded as N/A?
• How does the 1.37% FCF yield reconcile with the FY 2025 FCF of $1288.0M relative to the current market capitalization?
• What is the status of the NRC licensing review and the PJM interconnection upgrades that the Microsoft PPA timeline depends on?
• What drove the FY 2024 negative FCF of $-5029.0M, and what is the expected trajectory of capital expenditures?