EXC

Exelon
D

EXC

Arincen44/100B

If you had invested in Exelon ago, it would be worth $2,975 today, against $4,111 in SPY and $6,388 in QQQ.

ArincenArincen ScoreBeta

44/100

Six parts of the company, five checks each, from its own reported figures. A part scores the checks it passes out of 10; the score is their average out of 100.

Profitability6

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Cash2

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Valuation6

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Growth6

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Financial strength2.5

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Shareholders4

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Figures to FY2025; the price as of today.

Exelon key facts

Style
Dividend stock · 7.5/10Growth 1.0 · Value 5.5 · Dividend 7.5
Day range
45.220 – 45.770
52-week range
39.730 – 50.650
Market capitalization
47.20B USD
P/E
17.75
PEG ratio
2.86
EPS
2.57
Div Yield
3.68%
EPS growth forecast (FY2026)
+3.9%
Volume
0
Beta
0.40
ESG score
75.3/100Environment 75 · Social 76 · Governance 75
Sector
Utilities
Industry
Regulated Electric
CEO
Calvin G. Butler Jr.
Employees
21K
IPO date
2 May 1973

Exelon earnings

Next earnings · Q4 FY2026
EPS estimate
0.73 USD
Revenue estimate
5.36B USD
Last quarter · Q3 FY2026
EPS0.87Beat +10.4%Revenue7.32BBeat +8.3%

Revenue

ReportedEstimate

EPS

ReportedEstimate
PeriodReport dateEPS estimateReported EPSSurpriseEPS growthRevenue estimateReported revenueSurpriseRevenue growth
Q3 FY20280.94———7.19B———
Q2 FY20280.56———6.46B———
Q1 FY20281.02———7.72B———
Q4 FY20260.73——+23.73%5.36B——-0.99%
Q3 FY20260.790.87+10.41%+1.16%6.76B7.32B+8.29%+9.16%
Q2 FY20260.440.43-1.31%+10.26%5.44B5.97B+9.60%+9.95%
Q1 FY20260.880.91+2.94%-1.09%6.93B7.24B+4.56%+7.86%
Q4 FY20250.550.59+7.86%-7.81%5.39B5.41B+0.39%-1.08%
Q3 FY20250.780.86+10.54%+21.13%6.43B6.71B+4.27%+8.95%
Q2 FY20250.370.39+6.15%-17.02%5.38B5.43B+0.88%+1.23%

Exelon analyst forecast

12-month price target
46.40 USD
+1.74%

Analysts' 1-year price targets range from 41.00 to 50.00, with an average of 46.40.

Past year
1-year forecast
Strong sellStrong buy
Hold
15 ratings
Buy
4
Hold
11
Sell
0

12-month price target

Highest target50.00
Average target46.40
Lowest target41.00
Current price45.61

Exelon valuation

Price to earnings ratio (TTM)
17.75
Forward P/E (FY2026)
15.91
Price to sales (TTM)
1.82
Price to book
1.57
EV / EBITDA (TTM)
11.06

Capital structure

Market capitalization
47.20B USD
+
Total debt
53.19B USD
−
Cash and short-term investments
1.47B USD
=
Enterprise value
98.92B USD

Valuation over time

P/EForward P/EForward P/E · EstimateEstimate
Fiscal yearP/EForward P/EP/SP/BEV/EBITDA
FY2028 (est.)14.02————
FY2027 (est.)15.0514.02———
FY2026 (est.)15.9115.05———
Now (TTM)17.7515.161.821.5711.06
FY202515.9115.211.821.5310.32
FY202415.3613.911.641.4010.28
FY202315.3414.651.651.399.99
FY202219.6518.242.231.7211.14
FY202123.6718.242.251.177.06

Exelon against its own history

Each figure in the latest fiscal year against the same figure from FY2021 to FY2025: the range, its median (the line) and the latest (the dot, green on the good side of the median). The P/E is today's against its daily readings of five years.

Its peers: Entergy Louisiana, LLC COLLATERAL TR MT, Xcel Energy, Consolidated Edison, Entergy, WEC Energy Group, and Dominion Energy, the US Regulated Electric companies closest to it in size, each in its own latest fiscal year: their median (the line) and its rank among them, first being the best.

  • P/E (today)Above its median17.7
    14.724.1
  • Gross marginLowest in 5 years27.9%
    27.9%42.1%
    Against its peers: 7 of 7Peers' median 49.8%
  • Operating marginHighest in 5 years21.2%
    15.0%21.2%
    Against its peers: 5 of 7Peers' median 23.9%
  • Net marginHighest in 5 years11.4%
    9.5%11.4%
    Against its peers: 7 of 7Peers' median 13.7%
  • Return on equityHighest in 5 years9.6%
    5.0%9.6%
    Against its peers: 5 of 7Peers' median 10.3%
  • Free cash flow marginAbove its median-9.4%
    -27.7%-6.6%
    Against its peers: 2 of 7Peers' median -21.6%
  • Revenue growthBelow its median5.3%
    -45.7%13.9%
    Against its peers: 7 of 7Peers' median 10.0%
  • EPS growthAt its median11.8%
    -13.4%19.5%
    Against its peers: 4 of 7Peers' median 24.5%
  • Debt to EBITDAAbove its median5.58×
    3.28×5.70×
    Against its peers: 5 of 7Peers' median 5.27×
  • Current ratioHighest in 5 years0.92
    0.690.92
    Against its peers: 2 of 6Peers' median 0.73

Peers: US companies of the same industry (of its sector when the industry has too few) from a tenth to ten times its market value, the six closest in size. Updated weekly.

Exelon growth and profitability

Revenue (TTM)
25.94B USD
Net income (TTM)
2.64B USD
Gross margin
19.95%
Operating margin
19.83%
Net margin
10.17%

Revenue / Net income

Revenue Net income Net margin
PeriodRevenueGrowthNet incomeGrowthGross marginOperating marginNet marginEBITDAGrowth
FY202524.26B+5.34%2.77B+12.52%27.92%21.21%11.41%9.06B+10.81%
FY202423.03B+5.99%2.46B+5.67%40.84%18.76%10.68%8.18B+3.02%
FY202321.73B+13.89%2.33B+7.28%41.09%18.52%10.71%7.94B+7.50%
FY202219.08B+6.36%2.17B+27.20%42.10%17.38%11.37%7.38B-29.79%
FY202117.94B-45.71%1.71B-13.09%39.06%14.95%9.51%10.52B+0.20%

Exelon revenue breakdown

By product

FY2025
Commonwealth Edison Co: 25.6%Pepco Holdings LLC: 25.1%Baltimore Gas and Electric Company: 18.4%PECO Energy Co: 16.5%Delmarva Power and Light Company: 6.9%Atlantic City Electric Company: 6.0%Corporate Segment and Other Operating: 1.5%25.6%Commonwealth Edison Co25.1%Pepco Holdings LLC18.4%Baltimore Gas and Electric Company16.5%PECO Energy Co6.9%Delmarva Power and Light Company6.0%Atlantic City Electric Company1.5%Corporate Segment and Other Operating
SegmentRevenueShare of revenueChange on the year
Commonwealth Edison Co7.27B25.6%-11.6%
Pepco Holdings LLC7.14B25.1%+10.7%
Baltimore Gas and Electric Company5.22B18.4%+18.0%
PECO Energy Co4.68B16.5%+17.9%
Delmarva Power and Light Company1.97B6.9%+10.3%
Atlantic City Electric Company1.72B6.0%+5.5%
Corporate Segment and Other Operating424.00M1.5%-3.2%

How Exelon makes its money

Revenue24.26B 100.0%
Cost of revenue17.49B 72.1%
Gross profit6.77B 27.9%
Other operating expenses1.63B 6.7%
Operating income5.14B 21.2%
Tax523.00M 2.2%
Other expense1.85B 7.6%
Net income2.77B 11.4%

FY2025, in USD. Each band is as wide as its money; the percentage is its share of revenue.

Exelon dividends

Annual dividend
1.68 USD
Dividend yield (indicated)
3.68%
Payout ratio
65.37%
Years of dividend growth
5
Frequency
Quarterly
Next payment
0.42 USD
Next ex-dividend date
4 Dec 2026
Next payment date
15 Dec 2026

Dividends per share

Year2025202420232022202120202019201820172016
Dividends per share1.601.521.441.351.091.091.040.980.940.90

Exelon financial health

Cash and short-term investments
1.47B USD
Total debt
53.19B USD
Net cash
-51.72B USD
Free cash flow (TTM)
-2.59B USD
Current ratio
1.03
Debt to equity
1.77
Piotroski score
5 / 9
Altman Z-score
0.76

Cash, debt and free cash flow

Cash and short-term investments Total debt Free cash flow
Fiscal yearCash and short-term investmentsTotal debtFree cash flow
FY20251.15B50.55B-2.28B
FY2024357.00M46.65B-1.53B
FY2023445.00M44.01B-2.71B
FY2022407.00M40.05B-2.28B
FY2021672.00M34.54B-4.97B

Exelon ownership

Institutions
93.23%
Institutional holders
1,329 (-2)
Free float
99.83%

Who owns the shares

Institutions 93.2% Others 6.8%
As of 30 Jun 2026

Shares free to trade

Free float 1.03B shares ·99.8% Closely held 1.75M shares ·0.2%

Closely held shares belong to insiders, founders and owners of more than 5%, and seldom change hands. The free float is the rest: the shares anyone can buy and sell.

Insider trading

QuarterPurchasesSalesShares acquiredShares disposed of
Q4 2026000.000.00
Q3 2026002.48K0.00
Q2 20260031.91K0.00
Q1 202600611.76K455.90K

Shares outstanding

Basic shares Diluted shares Change in diluted shares
Fiscal yearBasic sharesDiluted sharesChange in diluted shares
FY20251.01B1.01B+0.90%
FY20241.00B1.00B+0.60%
FY2023996.00M997.00M+1.01%
FY2022986.00M987.00M+0.71%
FY2021979.00M980.00M+0.31%

Source: Financial Modeling Prep

Related Instruments

Title: Exelon Corp

Sector: Utilities
Industry: Regulated Electric
Exelon serves approximately 10 million power and gas customers at its six regulated utilities in Illinois, Pennsylvania, Maryland, New Jersey, Delaware, and Washington, D.C.

Common questions about Exelon stock