Saturday 17 October 2026 Export EXC’s income statement to Excel — free account

Exelon Corporation

EXC Utilities Utilities Regulated Electric

Exelon Corporation’s revenue for fiscal 2025 (year ended December 2025) was $24.3 billion, up 5.34% from fiscal 2024. In the quarter to June 2026, revenue grew 9.95%, EPS was flat, free cash flow grew 49.0% and total debt rose 7.74%, each against the same quarter a year earlier. Member of the S&P 500 and Nasdaq 100; dividend growth for ten consecutive years, revenue growth for five.

43.50 1.02 +2.40%

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Market cap: $43.9B
P/E: 15.9×
Fwd P/E: 16.0×
Dividend yield: 3.82%
F-score: 6/9
Altman Z: 0.74
Beneish M: −2.33
Dividend safety: 36/100

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

Insider Decisions trades per month

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	—	—	—	—	—	—	—	—	—	—	—	—

Insider Ownership 0.00%

Capital & Financial Ratios $m

Market Cap 43,850.00

Revenue 25,326.00

Net Income 2,783.00

Free Cash Flow (1,914.00)

Net Debt 49,009.00

Current Ratio 1.09

Debt/Equity 1.73

P/E ratio 15.93

Fwd P/E 16.00

P/S ratio 1.76

P/B ratio 1.50

Past 5Y EPS Growth 6.31%

This Y EPS Growth 3.14%

Next Y EPS Growth 6.31%

Next Y revenue growth 18.27%

Next 5Y EPS Growth 5.54%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 49.50%

10-year low 10-year high

P/S against its own 10 years 58.02%

10-year low 10-year high

P/B against its own 10 years 68.93%

10-year low 10-year high

EV/Sales against its own 10 years 57.69%

10-year low 10-year high

Dividends

Payout Ratio 0.61

Annual Dividend Rate 1.66

Annual Dividend Yield 3.82%

	total	individual payouts
2028	Powerpack
2027	Powerpack
2026	1.89	0.42 0.42 0.42
2025	1.60	0.40 0.40 0.40 0.40
2024	1.52	0.38 0.38 0.38 0.38
2023	1.80	0.36 0.36 0.36 0.36 0.36
2022	1.35	0.34 0.34 0.34 0.34
2021	1.09	0.27 0.27 0.27 0.27
2020	1.09	0.27 0.27 0.27 0.27
2019	1.03	0.26 0.26 0.26 0.26
2018	0.98	0.25 0.25 0.25 0.25
2017	0.93	0.23 0.23 0.23 0.23
2016	0.90	0.22 0.23 0.23 0.23

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	927	898	1,151	2,421
Receivables	3,361	3,754	5,082	4,259
Inventory	801	853	868	894
Other	2,998	2,879	2,445	2,223
	8,087	8,384	9,546	9,797

	2023	2024	2025	Q'26
Payables	2,846	2,994	3,721	3,475
ST’ Debt	1,403	1,453	1,665	727
Other	1,749	1,832	2,746	2,111
	9,901	9,611	10,331	9,008

Compound Annual Growth %

	10y	5y	3y
Sales	(1.92%)	7.80%	8.34%
Cash Flow	(1.95%)	8.11%	8.70%
Earnings	2.01%	7.11%	8.45%
Book Value	0.54%	(3.75%)	5.19%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	7,242	5,967	—	—	—
’25	6,714	5,427	6,705	5,412	24,258
’24	6,043	5,361	6,154	5,470	23,028
’23	5,563	4,818	5,980	5,366	21,727
’22	5,327	4,239	4,845	4,667	19,078
’21	4,632	4,020	4,863	4,423	17,938
’20	8,747	7,322	8,853	(8,259)	16,663

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	1,724	1,945	—	—	—
’25	1,200	1,511	2,299	1,244	6,254
’24	992	1,462	1,689	1,426	5,569
’23	484	1,277	1,531	1,411	4,703
’22	1,782	1,458	901	729	4,870
’21	(1,261)	2,399	3,003	(1,129)	3,012
’20	1,080	1,600	1,542	13	4,235

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(634)	(255)	—	—	—
’25	(746)	(500)	163	(1,188)	(2,271)
’24	(773)	(239)	32	(510)	(1,490)
’23	(1,397)	(527)	(324)	(432)	(2,680)
’22	(124)	(127)	(771)	(1,255)	(2,277)
’21	(2,721)	543	1,150	(3,064)	(4,092)
’20	(936)	(157)	(245)	(2,429)	(3,767)

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	0.90	0.39	—	—	—
’25	0.90	0.39	0.86	0.58	2.73
’24	0.66	0.45	0.70	0.64	2.45
’23	0.67	0.34	0.70	0.62	2.34
’22	0.61	0.47	0.68	0.43	2.08
’21	(0.30)	0.41	1.23	0.40	1.74
’20	0.60	0.53	0.51	0.37	2.01

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	18.73	23.75	25.37	30.97	20.88	27.35	35.19	34.05	33.35	37.13	Analyst estimates 2026–2028 Powerpack
	High	26.89	30.44	33.81	36.51	36.05	41.38	50.71	44.37	41.19	48.51
People
People	Employees	34,396	34,621	33,383	32,713	32,340	31,518	19,063	19,962	20,014	20,571
	Revenue/emp, $m	0.91	0.97	1.08	1.05	0.52	0.57	1.00	1.09	1.15	1.18
Income, $m
Income, $m	Revenue	31,366	33,558	35,978	34,438	16,663	17,938	19,078	21,727	23,028	24,258
	Gross margin, %	59.70	58.18	53.67	55.00	65.67	64.41	66.60	62.07	62.29	64.27
	EBT	1,973	3,775	2,225	3,985	1,092	1,654	2,403	2,702	2,667	3,291
	EBT margin, %	6.29	11.25	6.18	11.57	6.55	9.22	12.60	12.44	11.58	13.57
	Net income	1,196	3,869	2,079	3,028	1,954	1,829	2,171	2,328	2,460	2,768
	Depreciation	5,576	5,427	5,971	5,780	6,527	7,573	3,533	3,506	3,596	3,643
Per share, $
Per share, $	Revenue	33.95	35.44	37.21	35.39	17.07	18.32	19.35	21.81	22.96	23.99
	Earnings	1.23	3.98	2.08	3.02	2.01	1.74	2.08	2.34	2.45	2.73
	Cash flow	9.16	7.90	8.94	6.84	4.34	3.08	4.94	4.72	5.55	6.19
	Capex	(9.19)	(7.78)	(7.76)	(7.44)	(8.20)	(7.26)	(7.25)	(7.41)	(7.04)	(8.43)
	Free cash flow	(0.03)	0.12	1.18	(0.59)	(3.86)	(4.18)	(2.31)	(2.69)	(1.49)	(2.25)
	Book value	29.88	33.99	34.17	35.53	35.73	35.54	25.10	25.86	26.84	28.48
	Shares, m	924	947	967	973	976	979	986	996	1,003	1,011
Valuation, ×
Valuation, ×	P/E	20.41	7.13	15.39	10.80	14.98	23.68	19.71	15.65	15.36	15.97
	P/S	0.74	0.80	0.86	0.92	1.76	2.25	2.23	1.67	1.64	1.82
	P/B	0.84	0.83	0.94	0.92	0.84	1.16	1.72	1.41	1.40	1.53
	EV/Sales	1.82	1.82	1.82	1.95	3.94	4.05	4.14	3.54	3.55	3.81
	EV/FCF	(1,841.98)	532.35	57.25	(116.34)	(17.41)	(17.75)	(34.72)	(28.69)	(54.80)	(40.68)
Cash, $m
Cash, $m	Operating cash flow	8,461	7,480	8,644	6,659	4,235	3,012	4,870	4,703	5,569	6,254
	Capex	(8,492)	(7,365)	(7,503)	(7,236)	(8,002)	(7,104)	(7,147)	(7,383)	(7,059)	(8,525)
	Free cash flow	(31)	115	1,141	(577)	(3,767)	(4,092)	(2,277)	(2,680)	(1,490)	(2,271)
Balance, $m
Balance, $m	Working capital	(1,045)	1,098	1,924	(2,148)	(209)	(2,154)	(3,275)	(1,814)	(1,227)	(785)
	Total debt	34,797	35,582	35,814	36,429	37,302	33,292	37,464	41,485	44,790	49,468
	Net debt	33,909	34,477	34,218	35,484	36,201	32,299	36,491	40,558	43,892	48,317
	Shareholders’ equity	27,612	32,187	33,047	34,573	34,868	34,795	24,744	25,755	26,921	28,798
Returns, %
Returns, %	ROA	1.07	3.26	1.70	2.40	1.54	1.30	1.90	2.36	2.35	2.47
	ROIC	3.26	4.11	3.62	3.90	1.93	2.50	3.38	3.79	3.81	4.17
	ROE	4.08	12.64	6.15	8.68	5.65	4.90	7.29	9.22	9.34	9.94

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
D Dominion Energy Inc.	$55.3B	22.2×	18.6×	+17.59% (above 0%: growing)	−57.95% (below 0%: shrinking)	+31.64% (above 0%: growing)	67.68%	7.34%	Compare
ETR Entergy Corporation	$49.7B	26.5×	25.3×	+5.85% (above 0%: growing)	−1.87% (below 0%: shrinking)	−16.71% (below 0%: shrinking)	69.73%	24.13%	Compare
XEL Xcel Energy Inc.	$46.9B	20.8×	19.2×	−5.11% (below 0%: shrinking)	+23.68% (above 0%: growing)	−37.30% (below 0%: shrinking)	75.22%	22.64%	Compare
EXC Exelon Corporation	$43.9B	15.9×	16.0×	+9.95% (above 0%: growing)	0.00%	+49.00% (above 0%: growing)	62.95%	16.41%
ED Consolidated Edison Inc	$40.5B	18.4×	17.0×	+13.18% (above 0%: growing)	+22.06% (above 0%: growing)	−30.76% (below 0%: shrinking)	74.22%	13.57%	Compare
PEG Public Service Enterprise Group Incorporated	$35.0B	17.8×	18.3×	−8.95% (below 0%: shrinking)	−42.74% (below 0%: shrinking)	+30.10% (above 0%: growing)	66.09%	18.05%	Compare
WEC WEC Energy Group, Inc.	$34.6B	21.0×	20.2×	+2.62% (above 0%: growing)	+19.48% (above 0%: growing)	−1,365.55% (below 0%: shrinking)	73.06%	20.99%	Compare
AEE Ameren Corporation	$28.7B	18.5×	20.3×	−5.81% (below 0%: shrinking)	+11.76% (above 0%: growing)	−51.22% (below 0%: shrinking)	73.90%	21.94%	Compare
PCG Pacific Gas & Electric Co.	$28.5B	9.5×	11.2×	+0.07% (above 0%: growing)	+37.50% (above 0%: growing)	−2.64% (below 0%: shrinking)	84.50%	21.40%	Compare
Median of peers	$37.7B	19.7×	18.9×	+1.35%	+15.62%	−23.73%	73.48%	21.20%

All 40 Utilities Regulated Electric stocks →

Exelon Corporation (EXC) key facts

Strength: Exelon Corporation’s revenue for fiscal 2025 (year ended December 2025) was $24.3 billion, up 5.34% from fiscal 2024.
Strength: Net income was $2.8 billion, or $2.73 per share (basic), a net margin of 11.4%.
Exelon Corporation (EXC) is an Utilities Regulated Electric company in the Utilities sector, listed on Nasdaq.
As of October 16, 2026, EXC traded at $43.50, a market capitalization of $43.9 billion.
At that price the stock trades at 15.9× trailing-twelve-month earnings and 1.8× sales; its P/E is higher than 50% of its own readings over the past ten years.
Exelon Corporation pays an annual dividend of $1.66 per share, a yield of 3.82%, with a payout ratio of 60.8%.
Return on equity was 9.94% and debt-to-equity 1.73.
Its Piotroski F-score is 6 out of 9 and its Altman Z-score is 0.74 (distress zone) for fiscal 2025.