Exelon Corp (EXC)

Exelon Corporation, a utility services holding company, engages in the energy distribution and transmission businesses in the United States. The company is involved in the purchase and regulated retail sale of electricity and natural gas; transmission and distribution of electricity; and distribution of natural gas to retail customers. It serves residential, commercial, industrial, and public authorities and electric railroads customers. Exelon Corporation was incorporated in 1999 and is headquartered in Chicago, Illinois.

Symbol: EXC
Exchange: Nasdaq
Sector: Utilities
Industry: Utilities - Regulated Electric
Market cap: $41.67B
52 week range: 39.73 - 50.65

Valuation

Share price: $40.73 (close of 2026-10-02)
P/E (TTM): 14.82x
Price to book: 1.42x
Price to free cash flow: -19.26x
Enterprise value: $92.19B
Book value per share: $28.66

Price performance

Period	Change
1 day	+0.64%
5 days	+0.97%
1 month	-7.37%
3 months	-14.93%
6 months	-17.43%
Year to date	-6.56%
1 year	-9.43%
3 years	+11.25%
5 years	+19.48%
10 years	+71.57%
All time	+410.40%

Members of Congress who disclosed EXC trades

Lisa McClain · Marjorie Taylor Greene

Super investors holding EXC

Ken Griffin (Citadel) · Ray Dalio (Bridgewater Associates)

Profitability and growth

Return on equity: 9.61%
Return on invested capital: 5.91%
Return on assets: 2.37%
Return on capital employed: 4.85%
Gross margin: 21.22%
Net margin: 11.41%
EBITDA margin: 36.24%
Revenue growth: 5.34%
Net income growth: 12.52%
Free cash flow growth: -48.89%

Cash flow and balance sheet

Free cash flow yield (TTM): -5.19%
Current ratio: 0.94x
Net debt to EBITDA: 5.50x

Latest reported year

Period end: 2025-12-31
Fiscal year: 2025
Revenue: $24.26B
Cost of revenue: $19.11B
Gross profit: $5.15B
EBITDA: $8.79B
Net income: $2.77B
Earnings per share: $2.74
Shares outstanding: 1.01B

Income statement by year

Period end	Revenue	Gross profit	Net income	EPS
2025-12-31	$24.26B	$5.15B	$2.77B	$2.74
2024-12-31	$23.03B	$4.32B	$2.46B	$2.45
2023-12-31	$21.73B	$4.02B	$2.33B	$2.34
2022-12-31	$19.08B	$3.31B	$2.17B	$2.20
2021-12-31	$17.94B	$2.68B	$1.83B	$1.74
2020-12-31	$16.66B	$2.19B	$1.95B	$2.01
2019-12-31	$34.44B	$4.37B	$3.03B	$3.02
2018-12-31	$35.98B	$3.89B	$2.08B	$2.07
2017-12-31	$33.56B	$4.39B	$3.87B	$3.99
2016-12-31	$31.37B	$3.21B	$1.20B	$1.21

Margins and returns by year

Period end	Gross margin	Net margin	Return on equity	Return on capital
2025-12-31	21.22%	11.41%	9.61%	5.91%
2024-12-31	18.76%	10.68%	9.14%	5.62%
2023-12-31	18.52%	10.71%	9.04%	5.26%
2022-12-31	17.38%	11.38%	8.77%	4.61%
2021-12-31	14.95%	10.20%	5.26%	3.93%
2020-12-31	13.15%	11.73%	5.60%	3.02%
2019-12-31	12.70%	8.79%	8.76%	5.79%
2018-12-31	10.81%	5.78%	6.29%	5.62%
2017-12-31	13.08%	11.53%	12.03%	6.70%
2016-12-31	10.24%	3.81%	4.33%	4.03%

Cash and debt by year

Period end	Cash	Debt
2025-12-31	$626.00M	$49.43B
2024-12-31	$357.00M	$44.67B
2023-12-31	$445.00M	$41.28B
2022-12-31	$407.00M	$35.27B
2021-12-31	$672.00M	$30.75B
2020-12-31	$432.00M	$35.09B
2019-12-31	$587.00M	$31.33B
2018-12-31	$1.35B	$34.08B
2017-12-31	$898.00M	$32.18B
2016-12-31	$635.00M	$31.57B

Free cash flow by year

Period end	Free cash flow	Stock-based compensation
2025-12-31	-$2.27B	-
2024-12-31	-$1.53B	-
2023-12-31	-$2.71B	-
2022-12-31	-$2.28B	-
2021-12-31	-$4.97B	-
2020-12-31	-$3.81B	-
2019-12-31	-$589.00M	-
2018-12-31	$1.05B	$75.00M
2017-12-31	-$104.00M	$88.00M
2016-12-31	-$92.00M	$111.00M

Dividend history

Most recent payment: 2026-09-04
Paid in the last twelve months: $1.66

Payment date	Dividend per share
2026-09-04	$0.42
2026-06-04	$0.42
2026-03-02	$0.42
2025-11-10	$0.40
2025-08-11	$0.40
2025-05-12	$0.40
2025-02-24	$0.40
2024-11-08	$0.38

Investor relations

Next earnings report

Next confirmed report: 2026-11-03
Consensus EPS estimate: $0.80

Past earnings dates

Reported	Fiscal period	EPS estimate
2026-07-30	Jun/2026	$0.43
2026-05-06	Mar/2026	$0.89
2026-02-12	Dec/2025	$0.51
2025-11-04	Sep/2025	$0.76
2025-07-31	Jun/2025	$0.37
2025-05-01	Mar/2025	$0.85
2025-02-12	Dec/2024	$0.59
2024-10-30	Sep/2024	$0.67

Filings and sources

Company website: exeloncorp.com
SEC filings: 10-K, 10-Q and 8-K on EDGAR
Earnings calendar: All upcoming reports

Similar companies

Consolidated Edison Inc (ED) · Xcel Energy Inc (XEL) · Public Service Enterprise Group Inc (PEG) · Entergy Corp (ETR) · WEC Energy Group, Inc. (WEC) · Dominion Energy, Inc (D) · Ameren Corp (AEE) · American Electric Power Co Inc (AEP)

All Utilities companies

Understanding these figures

Price-to-earnings ratio · Discounted cash flow · Free cash flow · Earnings per share · Return on equity · Gross margin vs net margin · Reading a balance sheet · Debt and leverage · Dividend yield · Insider transactions and Form 4 · How to read a stock chart

Explore

Company directory · S&P 500 heatmap · Earnings calendar · Super investor holdings · Congress trades