EXELON CORP EXC

Utilities SIC 4931 - Electric & Other Services Combined NAICS Utilities › Electric Power Generation, Transmission and Distribution derived Nasdaq

Exelon is a utility services holding company engaged in the energy transmission and distribution businesses through its subsidiaries, ComEd, PECO, BGE, Pepco, DPL, and ACE.

Commonwealth Edison Company Purchase and regulated retail sale of electricity Northern Illinois, including the City of Chicago

PECO Energy Company Purchase and regulated retail sale of electricity and natural gas Southeastern Pennsylvania, including the City of Philadelphia (electricity)

Transmission and distribution of electricity and distribution of natural gas to retail customers Pennsylvania counties surrounding the City of Philadelphia (natural gas)

Last close 44.43 2026-10-23
Market cap $45.46B 2026-03-31 share count
52-week range 39.73 - 50.65

Valuation FY2025 figures against the last close

P/S1.9x
P/E—
P/FCF—
EV/EBITDA10.9x
Dividend yield3.6%
Diluted EPS—

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue $24.26B$23.03B$21.73B$19.08B$17.94B$16.66B$16.73B$35.98B$33.56B$48.0M
Total operating expenses $19.11B$18.72B$17.71B$15.76B$15.26B$14.48B$14.07B$32.14B$29.62B$28.11B
Operating income $5.15B$4.32B$4.02B$3.31B$2.68B$2.19B$2.66B$3.89B$4.39B$3.21B
Interest expense —————$1.61B$1.59B$1.53B$1.52B$1.50B
Pre-tax income $3.29B$2.67B$2.70B$2.40B$1.65B$1.09B$1.64B$2.23B$3.77B$1.97B
Income tax $523.0M$207.0M$374.0M$349.0M$38.0M$7.0M$153.0M$118.0M$126.0M$753.0M
Net income $2.77B$2.46B$2.33B$2.17B$1.83B$1.95B$3.03B$2.08B$3.87B$1.20B
EPS, basic ————1.742.013.022.073.991.21
EPS, diluted ————1.742.013.012.073.981.21
Shares, diluted (wtd. avg.) 1.01B1.00B997.0M987.0M980.0M977.0M974.0M969.0M949.0M927.0M

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash and equivalents $626.0M$357.0M$445.0M$407.0M$672.0M$432.0M$587.0M$1.35B$898.0M$635.0M
Receivables $3.30B$2.74B$2.34B$2.22B$1.87B$3.23B$4.59B$4.61B$4.45B$4.16B
Total current assets $9.55B$8.38B$8.09B$7.34B$13.96B$12.56B$12.04B$13.33B$11.90B$12.41B
Property, plant and equipment $84.32B$78.18B$73.59B$69.08B$64.56B$82.58B$80.23B$76.71B$74.20B$71.56B
Goodwill $6.63B$6.63B$6.63B$6.63B$6.63B$6.68B$6.68B$6.68B$6.68B$6.68B
Other intangibles ———-$25.0M-$207.0M$172.0M$174.0M$118.0M-$27.0M-$258.0M
Total assets $116.57B$107.78B$101.86B$95.35B$133.01B$129.32B$124.98B$119.63B$116.77B$114.90B
Accounts payable ———$3.38B$2.38B$3.56B$3.56B$3.80B$3.53B$3.44B
Short-term debt $1.67B$1.45B$1.40B$1.80B$2.15B$1.82B-$4.71B$1.35B$2.09B$2.43B
Total current liabilities $10.33B$9.61B$9.90B$10.61B$16.11B$12.77B$14.19B$11.40B$10.80B$13.46B
Long-term debt $49.43B$44.67B$41.28B$35.27B$30.75B$35.09B$31.33B$34.08B$32.18B$31.57B
Total liabilities $87.77B$80.86B$76.10B$70.61B$98.22B$94.45B$90.40B$86.59B$84.58B$87.29B
Retained earnings $7.58B$6.43B$5.49B$4.60B$16.94B$16.73B$16.27B$14.74B$14.08B$12.03B
Total equity $28.80B$26.92B$25.75B$24.74B$34.80B$34.87B$34.57B$33.05B$32.17B$27.63B

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating cash flow $6.25B$5.57B$4.70B$4.87B$3.01B$4.24B$6.66B$8.64B$7.48B$8.46B
Depreciation and amortisation $3.64B$3.60B$3.51B$3.53B$7.57B$2.89B$2.72B$4.35B$3.83B$3.94B
Stock-based compensation ———————$75.0M$88.0M$111.0M
Capital expenditure $8.53B$7.10B$7.41B$7.15B$7.98B$8.05B$7.25B$7.59B$7.58B$8.55B
Investing cash flow -$8.53B-$7.04B-$7.38B-$6.99B-$3.32B-$4.34B-$7.26B-$7.83B-$7.97B-$15.45B
Financing cash flow $2.53B$1.31B$2.68B$1.59B$758.0M$145.0M-$58.0M-$219.0M$767.0M$1.19B
Dividends paid $1.62B$1.52B$1.43B$1.33B$1.50B$1.49B$1.41B$1.33B$1.24B$1.17B

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001109357-26-000018.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. 0 10B 20B 30B 40B Revenue, FY2016: 48M Net income, FY2016: 1.2B Revenue, FY2017: 33.6B Net income, FY2017: 3.9B Revenue, FY2018: 36B Net income, FY2018: 2.1B Revenue, FY2019: 16.7B Net income, FY2019: 3B Revenue, FY2020: 16.7B Net income, FY2020: 2B Revenue, FY2021: 17.9B Net income, FY2021: 1.8B Revenue, FY2022: 19.1B Net income, FY2022: 2.2B Revenue, FY2023: 21.7B Net income, FY2023: 2.3B Revenue, FY2024: 23B Net income, FY2024: 2.5B Revenue, FY2025: 24.3B Net income, FY2025: 2.8B FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue $48.0M $33.56B $35.98B $16.73B $16.66B $17.94B $19.08B $21.73B $23.03B $24.26B
Gross profit — — — — — — — — — —
Net income $1.20B $3.87B $2.08B $3.03B $1.95B $1.83B $2.17B $2.33B $2.46B $2.77B

Recent filings and events

  • Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
  • Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Regulation FD disclosure Item 7.01
  • Results announced Item 2.02
  • Regulation FD disclosure Item 7.01
  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07
  • Regulation FD disclosure Item 7.01
  • Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
  • Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
  • New debt or obligation The company has taken on debt or a comparable obligation. Item 2.03
  • Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

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