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EXCExelon Corporation
$47.57$48.7B
Overview & Verdict
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EXC logoExelon Corporation(EXC)Earnings, Financials & Key Ratios

EXC•NASDAQ•Utilities
$47.57
17.4× P/E·Price updated Jul 7, 2026
SectorUtilitiesIndustryElectric UtilitiesSub-IndustryWires-only electric transmission and distribution
AboutExelon Corporation, a utility services holding company, engages in the energy generation, delivery, and marketing businesses in the United States and Canada. It owns nuclear, fossil, wind, hydroelectric, biomass, and solar generating facilities. The company also sells electricity to wholesale and retail customers; and sells natural gas, renewable energy, and other energy-related products and services. Additionally, it is involved in the purchase and regulated retail sale of electricity and natural gas; and transmission and distribution of electricity, and distribution of natural gas to retail customers. Further, the company offers support services, including legal, human resources, information technology, financial, supply management, accounting, engineering, customer operations, distribution and transmission planning, asset management, system operations, and power procurement services. It serves distribution utilities, municipalities, cooperatives, and financial institutions, as well as commercial, industrial, governmental, and residential customers. Exelon Corporation was incorporated in 1999 and is headquartered in Chicago, Illinois.Show more
  • Revenue$24.26B+5.3%
  • EBITDA$8.79B+11.0%
  • Net Income$2.77B+12.5%
  • Free Cash Flow-$2.27B-48.9%
  • EBITDA Margin36.22%+5.4%
  • Net Margin11.41%+6.8%
  • ROE9.94%+6.4%
  • Interest Coverage2.42+1.0%
  • Debt/Equity1.76+1.3%

EXC Price & Volume

Exelon Corporation (EXC) stock price & volume — 10-year historical chart

Loading chart...

Regulated Rate Base Expansion Drives Earnings Growth

Investment Thesis • Updated 2026Q1

VerdictNeutral
Growth:Stable
Profitability:Moderate
Financial:Adequate
Cash Flow:Burning
Primary Risk:Regulatory lag and political scrutiny

Key Thesis Takeaways

  • Exelon’s transition to a pure-play regulated utility model provides a predictable earnings trajectory supported by consistent grid modernization investments.
  • While the company targets 5-8% annual earnings growth through rate base expansion, investors should monitor the potential for regulatory lag and political scrutiny in urban markets to compress authorized ROE.
  • The reliance on external financing to fund significant capital outlays remains a critical factor for long-term balance sheet sustainability.

Verdict Logic

while the 3.4% dividend yield offers income potential, the current 17.30 P/E ratio and the negative free cash flow of $634 million in 2026Q1 warrant caution regarding near-term liquidity.

EXC Growth Metrics

Exelon Corporation (EXC) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years-1.92%
5 Years-5.99%
3 Years8.34%
TTM4.58%

Profit CAGR

10 Years2.01%
5 Years7.11%
3 Years8.45%
TTM2.55%

EPS CAGR

10 Years0.76%
5 Years6.39%
3 Years9.62%
TTM1.86%

Return on Capital

10 Years3.75%
5 Years3.94%
3 Years4.71%
Last Year5.03%

EXC Recent Earnings

Exelon Corporation (EXC) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 9/12 qtrs (75%)●Beat Revenue 12/12 qtrs (100%)
Q2 2026Latest
May 6, 2026
Metric
Actual
Est
EPS
$0.91+2.9%
$0.88
Rev
$7.2B+4.6%
$6.9B
Q1 2026
Feb 12, 2026
Metric
Actual
Est
EPS
$0.59+7.9%
$0.55
Rev
$5.4B+0.4%
$5.4B
Q4 2025
Nov 4, 2025
Metric
Actual
Est
EPS
$0.86+10.5%
$0.78
Rev
$6.7B+4.3%
$6.4B
Q3 2025
Jul 31, 2025
Metric
Actual
Est
EPS
$0.39+6.2%
$0.37
Rev
$5.4B+0.9%
$5.4B
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestMay 6, 2026
$0.91vs $0.88+2.9%
$7.2Bvs $6.9B+4.6%
Q1 2026Feb 12, 2026
$0.59vs $0.55+7.9%
$5.4Bvs $5.4B+0.4%
Q4 2025Nov 4, 2025
$0.86vs $0.78+10.5%
$6.7Bvs $6.4B+4.3%
Q3 2025Jul 31, 2025
$0.39vs $0.37+6.2%
$5.4Bvs $5.4B+0.9%
Based on last 12 quarters of dataView full earnings history →

Latest EXC News

Recent stock market news and headlines for Exelon Corporation (EXC)

Business Wire·1 day ago
Exelon to Announce Second Quarter Results on July 30

CHICAGO--(BUSINESS WIRE)--Exelon will hold its second quarter 2026 earnings conference call at 9:00 a.m. CT / 10:00 a.m. ET on Thursday, July 30, 2026. The conference call will be led by Exelon President and CEO, Calvin Butler, and Exelon Executive Vice President and CFO, Jeanne Jones. To listen to or view the upcoming earnings presentation, please access the live listen-only webcast here. The audio webcast link will also be available on the Investor Relations page and will be archived and avai.

GuruFocus·2 days ago
ComEd Restores Power to Over 240,000 Customers as Crews Push Through Holiday Weekend to Finish Restoration

ComEd crews are entering the final stretch of restoration efforts after four rounds of severe weather swept across northern Illinois beginning Thursday night,

Business Wire·2 days ago
ComEd Restores Power to Over 240,000 Customers as Crews Push Through Holiday Weekend to Finish Restoration

CHICAGO--(BUSINESS WIRE)--ComEd crews are entering the final stretch of restoration efforts after four rounds of severe weather swept across northern Illinois beginning Thursday night, with additional storms rolling through Friday and a fourth system striking on Saturday. In total, nearly 297,000 customers were impacted across the service territory. As of 11:30 a.m. Sunday, ComEd had restored power to more than 283,000 customers, with roughly 14,000 remaining without service. About 95 percent o.

Business Wire·4 days ago
ComEd Crews Working to Restore Power Following Thursday Storms

CHICAGO--(BUSINESS WIRE)--Following work to maintain the grid during three days of extreme heat, ComEd crews are restoring power to customers impacted by severe storms that moved through northern Illinois Thursday night. The storms had heavy rain, lightning and wind gusts in excess of 50 miles per hour. Since the storms began, more than 45,000 customers have been restored. 10,400 customers remain out of power. Additional severe weather is possible on Friday and through the holiday weekend, with.

GuruFocus·6 days ago
ComEd, Nicor Gas, North Shore Gas and Peoples Gas Recognize Mercy Housing's Energy Efficiency Efforts With Premier Partner Award

A multi-year effort by Mercy Housing Lakefront to provide energy-efficient housing for families across northern Illinois resulted in the organization receiving

Peers Comparison

Key metrics vs top competitors for Exelon Corporation (EXC)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
EXC logoEXCExelon CorporationCurrent
$47.57$48.67B17.365.34%11.41%9.94%3.36%
DUK logoDUKDuke Energy Corporation
$128.22$99.96B20.326.19%15.44%9.6%—
SO logoSOThe Southern Company
$97.29$109.68B24.8210.59%14.46%11.3%—
D logoDDominion Energy, Inc.
$69.84$61.39B20.2414.16%13.48%7.08%—
AEP logoAEPAmerican Electric Power Company, Inc.
$137.53$74.83B20.659.37%16.49%11.45%—
PCG logoPCGPG&E Corporation
$17.18$37.83B14.562.11%11.43%9.09%—

Compare EXC vs Peers

Exelon Corporation (EXC) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs DUK

Most directly comparable listed peer for EXC.

Scale Benchmark

vs GE

Larger-name benchmark to compare EXC against a more recognizable public peer.

Peer Set

Compare Top 5

vs DUK, SO, D, AEP

EXC SEC Filings & Documents

Exelon Corporation (EXC) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

May 6, 2026·SEC

Material company update

Apr 30, 2026·SEC

Material company update

Apr 16, 2026·SEC

10-K Annual Reports

3
FY 2026

Feb 12, 2026·SEC

FY 2025

Feb 12, 2025·SEC

FY 2024

Feb 21, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

May 6, 2026·SEC

FY 2025

Nov 4, 2025·SEC

FY 2025

Jul 31, 2025·SEC

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EXC Frequently Asked Questions

Exelon Corporation (EXC) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Exelon Corporation's revenue?

Exelon Corporation (EXC) reported $24.79B in revenue for fiscal year 2025. This represents a 479% increase from $4.28B in 1996.

How fast is Exelon Corporation growing?

Exelon Corporation (EXC) grew revenue by 5.3% over the past year. This is steady growth.

Is EXC profitable?

Yes, Exelon Corporation (EXC) is profitable, generating $2.78B in net income for fiscal year 2025 (11.4% net margin).

Dividend & Returns
Does EXC pay dividends?

Yes, Exelon Corporation (EXC) pays a dividend with a yield of 3.36%. This makes it attractive for income-focused investors.

What is EXC's return on equity?

Exelon Corporation (EXC) has a return on equity (ROE) of 9.9%. This is below average, suggesting room for improvement.

What is Exelon Corporation's free cash flow?

Exelon Corporation (EXC) had negative free cash flow of $2.16B in fiscal year 2025, likely due to heavy capital investments.

Industry Metrics
Is EXC's dividend sustainable?

Exelon Corporation (EXC) has a dividend payout ratio of 58%. This suggests the dividend is well-covered and sustainable.

What if you invested $1,000 in EXC back in 1996?

Total return calculator · dividends reinvested · 30+ years of data

See returns →