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Side-by-side financial comparison of Constellation Energy (CEG) and W. W. Grainger (GWW). Click either name above to swap in a different company.

Constellation Energy is the larger business by last-quarter revenue ($5.7B vs $4.4B, roughly 1.3× W. W. Grainger). W. W. Grainger runs the higher net margin — 10.2% vs 7.6%, a 2.6% gap on every dollar of revenue. On growth, Constellation Energy posted the faster year-over-year revenue change (25.8% vs 4.5%). W. W. Grainger produced more free cash flow last quarter ($269.0M vs $-181.0M). Over the past eight quarters, Constellation Energy's revenue compounded faster (4.0% CAGR vs 2.2%).

Constellation Energy Corporation is an American energy company headquartered in Baltimore, Maryland. The company provides electric power, natural gas, and energy management services. It has approximately two million customers across the continental United States.

W. W. Grainger, Inc. is an American Fortune 500 industrial supply company founded in 1927 in Chicago by the company's namesake William W. (Bill) Grainger. He founded the company to provide consumers with access to a consistent supply of motors. The company now serves more than 4.5 million customers worldwide with offerings such as motors, lighting, material handling, fasteners, plumbing, tools, and safety supplies, along with inventory management services and technical support.

CEG vs GWW — Head-to-Head

Bigger by revenue
CEG
CEG
1.3× larger
CEG
$5.7B
$4.4B
GWW
Growing faster (revenue YoY)
CEG
CEG
+21.3% gap
CEG
25.8%
4.5%
GWW
Higher net margin
GWW
GWW
2.6% more per $
GWW
10.2%
7.6%
CEG
More free cash flow
GWW
GWW
$450.0M more FCF
GWW
$269.0M
$-181.0M
CEG
Faster 2-yr revenue CAGR
CEG
CEG
Annualised
CEG
4.0%
2.2%
GWW

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CEG
CEG
GWW
GWW
Revenue
$5.7B
$4.4B
Net Profit
$432.0M
$451.0M
Gross Margin
39.5%
Operating Margin
10.5%
14.3%
Net Margin
7.6%
10.2%
Revenue YoY
25.8%
4.5%
Net Profit YoY
-49.3%
-5.1%
EPS (diluted)
$1.38
$9.45

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CEG
CEG
GWW
GWW
Q4 25
$5.7B
$4.4B
Q3 25
$5.7B
$4.7B
Q2 25
$5.2B
$4.6B
Q1 25
$6.1B
$4.3B
Q4 24
$4.5B
$4.2B
Q3 24
$4.8B
$4.4B
Q2 24
$4.4B
$4.3B
Q1 24
$5.3B
$4.2B
Net Profit
CEG
CEG
GWW
GWW
Q4 25
$432.0M
$451.0M
Q3 25
$930.0M
$294.0M
Q2 25
$839.0M
$482.0M
Q1 25
$118.0M
$479.0M
Q4 24
$852.0M
$475.0M
Q3 24
$1.2B
$486.0M
Q2 24
$814.0M
$470.0M
Q1 24
$883.0M
$478.0M
Gross Margin
CEG
CEG
GWW
GWW
Q4 25
39.5%
Q3 25
38.6%
Q2 25
38.5%
Q1 25
39.7%
Q4 24
39.6%
Q3 24
39.2%
Q2 24
39.3%
Q1 24
39.4%
Operating Margin
CEG
CEG
GWW
GWW
Q4 25
10.5%
14.3%
Q3 25
19.0%
11.0%
Q2 25
18.4%
14.9%
Q1 25
7.4%
15.6%
Q4 24
21.5%
15.0%
Q3 24
30.7%
15.6%
Q2 24
25.0%
15.1%
Q1 24
15.5%
15.8%
Net Margin
CEG
CEG
GWW
GWW
Q4 25
7.6%
10.2%
Q3 25
16.3%
6.3%
Q2 25
16.3%
10.6%
Q1 25
1.9%
11.1%
Q4 24
18.8%
11.2%
Q3 24
25.1%
11.1%
Q2 24
18.5%
10.9%
Q1 24
16.8%
11.3%
EPS (diluted)
CEG
CEG
GWW
GWW
Q4 25
$1.38
$9.45
Q3 25
$2.97
$6.12
Q2 25
$2.67
$9.97
Q1 25
$0.38
$9.86
Q4 24
$2.71
$9.71
Q3 24
$3.82
$9.87
Q2 24
$2.58
$9.51
Q1 24
$2.78
$9.62

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CEG
CEG
GWW
GWW
Cash + ST InvestmentsLiquidity on hand
$3.6B
$585.0M
Total DebtLower is stronger
$7.4B
$2.5B
Stockholders' EquityBook value
$14.5B
$3.7B
Total Assets
$57.2B
$9.0B
Debt / EquityLower = less leverage
0.51×
0.67×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CEG
CEG
GWW
GWW
Q4 25
$3.6B
$585.0M
Q3 25
$4.0B
$535.0M
Q2 25
$2.0B
$597.0M
Q1 25
$1.8B
$666.0M
Q4 24
$3.0B
$1.0B
Q3 24
$1.8B
$1.4B
Q2 24
$311.0M
$769.0M
Q1 24
$562.0M
$804.0M
Total Debt
CEG
CEG
GWW
GWW
Q4 25
$7.4B
$2.5B
Q3 25
$2.4B
Q2 25
$2.3B
Q1 25
$2.3B
Q4 24
$8.5B
$2.8B
Q3 24
$2.3B
Q2 24
$1.8B
Q1 24
$1.8B
Stockholders' Equity
CEG
CEG
GWW
GWW
Q4 25
$14.5B
$3.7B
Q3 25
$14.3B
$3.6B
Q2 25
$13.4B
$3.7B
Q1 25
$13.0B
$3.5B
Q4 24
$13.2B
$3.4B
Q3 24
$12.6B
$3.5B
Q2 24
$11.4B
$3.3B
Q1 24
$11.2B
$3.2B
Total Assets
CEG
CEG
GWW
GWW
Q4 25
$57.2B
$9.0B
Q3 25
$56.2B
$8.8B
Q2 25
$53.0B
$8.9B
Q1 25
$52.3B
$8.7B
Q4 24
$52.9B
$8.8B
Q3 24
$51.8B
$9.1B
Q2 24
$51.3B
$8.4B
Q1 24
$52.0B
$8.4B
Debt / Equity
CEG
CEG
GWW
GWW
Q4 25
0.51×
0.67×
Q3 25
0.67×
Q2 25
0.64×
Q1 25
0.66×
Q4 24
0.64×
0.83×
Q3 24
0.65×
Q2 24
0.54×
Q1 24
0.56×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CEG
CEG
GWW
GWW
Operating Cash FlowLast quarter
$805.0M
$395.0M
Free Cash FlowOCF − Capex
$-181.0M
$269.0M
FCF MarginFCF / Revenue
-3.2%
6.1%
Capex IntensityCapex / Revenue
17.3%
2.8%
Cash ConversionOCF / Net Profit
1.86×
0.88×
TTM Free Cash FlowTrailing 4 quarters
$1.3B
$1.3B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CEG
CEG
GWW
GWW
Q4 25
$805.0M
$395.0M
Q3 25
$1.8B
$597.0M
Q2 25
$1.5B
$377.0M
Q1 25
$107.0M
$646.0M
Q4 24
$-1.0B
$428.0M
Q3 24
$-112.0M
$611.0M
Q2 24
$-613.0M
$411.0M
Q1 24
$-723.0M
$661.0M
Free Cash Flow
CEG
CEG
GWW
GWW
Q4 25
$-181.0M
$269.0M
Q3 25
$1.5B
$339.0M
Q2 25
$710.0M
$202.0M
Q1 25
$-699.0M
$521.0M
Q4 24
$-1.7B
$170.0M
Q3 24
$-664.0M
$523.0M
Q2 24
$-1.2B
$335.0M
Q1 24
$-1.5B
$542.0M
FCF Margin
CEG
CEG
GWW
GWW
Q4 25
-3.2%
6.1%
Q3 25
25.6%
7.3%
Q2 25
13.8%
4.4%
Q1 25
-11.4%
12.1%
Q4 24
-38.6%
4.0%
Q3 24
-13.9%
11.9%
Q2 24
-26.3%
7.8%
Q1 24
-27.8%
12.8%
Capex Intensity
CEG
CEG
GWW
GWW
Q4 25
17.3%
2.8%
Q3 25
6.8%
5.5%
Q2 25
14.9%
3.8%
Q1 25
13.2%
2.9%
Q4 24
16.1%
6.1%
Q3 24
11.6%
2.0%
Q2 24
12.4%
1.8%
Q1 24
14.0%
2.8%
Cash Conversion
CEG
CEG
GWW
GWW
Q4 25
1.86×
0.88×
Q3 25
1.99×
2.03×
Q2 25
1.76×
0.78×
Q1 25
0.91×
1.35×
Q4 24
-1.19×
0.90×
Q3 24
-0.09×
1.26×
Q2 24
-0.75×
0.87×
Q1 24
-0.82×
1.38×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CEG
CEG

Constellation Mid Atlantic$1.6B29%
Constellation Midwest$1.3B23%
Constellation Other Regions$1.1B20%
Other$660.0M12%
Constellation New York$618.0M11%
Constellation ERCOT$292.0M5%

GWW
GWW

Segment breakdown not available.

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