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Latest period

$3.42B

YoY change

+15.0%

5Y CAGR

+11.0%

Peak year (2015)

$3.84B

CapEx history chart for Constellation Energy (CEG) from 2012 to 2025

Latest: $2.95B

CapEx growth chart for Constellation Energy (CEG) from 2012 to 2025

Latest: +15.0%

CapEx history table for Constellation Energy (CEG) from 2012 to 2025

  • 2025$2.95B+15.0%
  • 2024$2.56B+5.9%
  • 2023$2.42B+43.4%
  • 2022$1.69B+27.1%
  • 2021$1.33B-23.9%
  • 2020$1.75B-5.3%
  • 2019$1.84B-17.7%
  • 2018$2.24B-0.8%
  • 2017$2.26B-26.6%
  • 2016$3.08B-19.9%
  • 2015$3.84B+27.5%
  • 2014$3.01B+9.4%
  • 2013$2.75B-23.0%
  • 2012$3.58B

CapEx values are taken from Constellation Energy's reported cash flow statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.

About CapEx at Constellation Energy (CEG)

According to Constellation Energy's latest reported financial statements, the company's current CapEx (TTM) is $3.42B. Capital expenditures (CapEx) are cash outlays for property, plant, and equipment and other long-lived productive assets — reported on the cash flow statement under investing activities. CapEx funds future capacity (factories, data centers, software, machinery), so rising spend can signal investment in growth, while heavy CapEx reduces free cash flow available to shareholders. We display CapEx as a positive amount (the absolute cash outflow); compare with revenue to gauge capital intensity and with total assets for the asset-base context.

Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

As of the 2025 fiscal year, Constellation Energy (CEG) reported CapEx of $2.95B – grew 15.0% year-over-year.

Looking at the 2020–2025 (5 years) stretch, Constellation Energy CapEx compounded at +11.0% per year, sustaining 4 straight years of year-over-year growth.

Constellation Energy CapEx declined from $3.84B in 2015 to $2.95B in 2025, a 23.2% drawdown.

$3.84B stands as the all-time-high annual CapEx, posted in 2015, against a low of $1.33B during 2021.

Constellation Energy Capital Expenditures by Year

Constellation Energy Capital Expenditures 2025: $2.95B

In 2025, Constellation Energy reported CapEx of $2.95B, grew 15.0% from 2024.

Constellation Energy Capital Expenditures 2024: $2.56B

Constellation Energy CapEx in 2024 was $2.56B, grew 5.9% from 2023.

Constellation Energy Capital Expenditures 2023: $2.42B

2023's CapEx for Constellation Energy came in at $2.42B, surged 43.4% from 2022.

Constellation Energy Capital Expenditures 2022: $1.69B

Constellation Energy posted CapEx of $1.69B in 2022, grew 27.1% from 2021.

Constellation Energy Capital Expenditures 2021: $1.33B

Constellation Energy CapEx in 2021 was $1.33B.

See more financial history for Constellation Energy (CEG).

Sector peers by CapEx

Utilities peers of Constellation Energy (CEG), ranked by their latest CapEx

Frequently asked questions