Stocks · Utilities · Electric & Other Services Combined

Exelon

EXC Clue Score48
United States Fiscal year ends December CIK 0001109357
$41.76 +0.07% Close, 9 Oct 2026
Price $41.76 −12.21% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2016Revenue31.37Operating income3.21Net income1.20EPS, diluted1.21Fiscal year 2017Revenue33.56 +7.0%Operating income4.39Net income3.87 +223.5%EPS, diluted3.98 +228.9%Fiscal year 2018Revenue35.98 +7.2%Operating income3.89Net income2.08 −46.3%EPS, diluted2.07 −48.0%Fiscal year 2019Revenue34.44 −4.3%Operating income4.37Net income3.03 +45.6%EPS, diluted3.01 +45.4%Fiscal year 2020Revenue16.66 −51.6%Operating income2.19Net income1.95 −35.5%EPS, diluted2.01 −33.2%Fiscal year 2021Revenue17.94 +7.7%Operating income2.68Net income1.83 −6.4%EPS, diluted1.74 −13.4%Fiscal year 2022Revenue19.08 +6.4%Operating income3.32Net income2.17 +18.7%EPS, diluted2.08 +19.5%Fiscal year 2023Revenue21.73 +13.9%Operating income4.02Net income2.33 +7.2%EPS, diluted2.34 +12.5%Fiscal year 2024Revenue23.03 +6.0%Operating income4.32Net income2.46 +5.7%EPS, diluted2.45 +4.7%Fiscal year 2025Revenue24.26 +5.3%Operating income5.15Net income2.77 +12.5%EPS, diluted2.73 +11.4%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 31.37 33.56 35.98 34.44 16.66 17.94 19.08 21.73 23.03 24.26
Growth +7.0% +7.2% −4.3% −51.6% +7.7% +6.4% +13.9% +6.0% +5.3%
Operating income 3.21 4.39 3.89 4.37 2.19 2.68 3.32 4.02 4.32 5.15
Net income 1.20 3.87 2.08 3.03 1.95 1.83 2.17 2.33 2.46 2.77
Growth +223.5% −46.3% +45.6% −35.5% −6.4% +18.7% +7.2% +5.7% +12.5%
EPS, diluted 1.21 3.98 2.07 3.01 2.01 1.74 2.08 2.34 2.45 2.73
Growth +228.9% −48.0% +45.4% −33.2% −13.4% +19.5% +12.5% +4.7% +11.4%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Operating marginNet margin
Fiscal year 2016Operating margin10.2%Net margin3.8%Free cash flow margin−0.3%Fiscal year 2017Operating margin13.1%Net margin11.5%Free cash flow margin−0.3%Fiscal year 2018Operating margin10.8%Net margin5.8%Free cash flow margin2.9%Fiscal year 2019Operating margin12.7%Net margin8.8%Free cash flow margin−1.7%Fiscal year 2020Operating margin13.1%Net margin11.7%Free cash flow margin−22.9%Fiscal year 2021Operating margin15.0%Net margin10.2%Free cash flow margin−27.7%Fiscal year 2022Operating margin17.4%Net margin11.4%Free cash flow margin−11.9%Fiscal year 2023Operating margin18.5%Net margin10.7%Free cash flow margin−12.4%Fiscal year 2024Operating margin18.8%Net margin10.7%Free cash flow margin−6.6%Fiscal year 2025Operating margin21.2%Net margin11.4%Free cash flow margin−9.4%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating margin 10.2% 13.1% 10.8% 12.7% 13.1% 15.0% 17.4% 18.5% 18.8% 21.2%
Net margin 3.8% 11.5% 5.8% 8.8% 11.7% 10.2% 11.4% 10.7% 10.7% 11.4%
Free cash flow margin −0.3% −0.3% 2.9% −1.7% −22.9% −27.7% −11.9% −12.4% −6.6% −9.4%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2016Operating cash flow8.46Capital expenditure−8.55Free cash flow−0.09Dividends paid−1.17Fiscal year 2017Operating cash flow7.48Capital expenditure−7.58Free cash flow−0.10Dividends paid−1.24Fiscal year 2018Operating cash flow8.64Capital expenditure−7.59Free cash flow1.05Dividends paid−1.33Fiscal year 2019Operating cash flow6.66Capital expenditure−7.25Free cash flow−0.59 −156.1%Dividends paid−1.41Fiscal year 2020Operating cash flow4.24Capital expenditure−8.05Free cash flow−3.81Dividends paid−1.49Fiscal year 2021Operating cash flow3.01Capital expenditure−7.98Free cash flow−4.97Dividends paid−1.50Fiscal year 2022Operating cash flow4.87Capital expenditure−7.15Free cash flow−2.28Dividends paid−1.33Fiscal year 2023Operating cash flow4.70Capital expenditure−7.41Free cash flow−2.71Dividends paid−1.43Fiscal year 2024Operating cash flow5.57Capital expenditure−7.10Free cash flow−1.53Dividends paid−1.52Fiscal year 2025Operating cash flow6.25Capital expenditure−8.53Free cash flow−2.28Dividends paid−1.62
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow 8.46 7.48 8.64 6.66 4.24 3.01 4.87 4.70 5.57 6.25
Capital expenditure −8.55 −7.58 −7.59 −7.25 −8.05 −7.98 −7.15 −7.41 −7.10 −8.53
Free cash flow −0.09 −0.10 1.05 −0.59 −3.81 −4.97 −2.28 −2.71 −1.53 −2.28
Growth −156.1%
Dividends paid −1.17 −1.24 −1.33 −1.41 −1.49 −1.50 −1.33 −1.43 −1.52 −1.62

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2016Cash0.64Total debt34.01Net cash (debt)−33.37Shareholders’ equity25.84Debt to equity1.32Fiscal year 2017Cash0.90Total debt34.26Net cash (debt)−33.37Shareholders’ equity29.90Debt to equity1.15Fiscal year 2018Cash1.35Total debt35.42Net cash (debt)−34.08Shareholders’ equity30.74Debt to equity1.15Fiscal year 2019Cash0.59Total debt26.62Net cash (debt)−26.03Shareholders’ equity32.22Debt to equity0.83Fiscal year 2020Cash0.43Total debt36.91Net cash (debt)−36.48Shareholders’ equity32.59Debt to equity1.13Fiscal year 2021Cash0.67Total debt32.90Net cash (debt)−32.23Shareholders’ equity34.39Debt to equity0.96Fiscal year 2022Cash0.41Total debt37.07Net cash (debt)−36.67Shareholders’ equity24.74Debt to equity1.50Fiscal year 2023Cash0.45Total debt41.10Net cash (debt)−40.65Shareholders’ equity25.76Debt to equity1.60Fiscal year 2024Cash0.36Total debt44.40Net cash (debt)−44.04Shareholders’ equity26.92Debt to equity1.65Fiscal year 2025Cash0.63Total debt49.08Net cash (debt)−48.45Shareholders’ equity28.80Debt to equity1.70
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 0.64 0.90 1.35 0.59 0.43 0.67 0.41 0.45 0.36 0.63
Total debt 34.01 34.26 35.42 26.62 36.91 32.90 37.07 41.10 44.40 49.08
Net cash (debt) −33.37 −33.37 −34.08 −26.03 −36.48 −32.23 −36.67 −40.65 −44.04 −48.45
Shareholders’ equity 25.84 29.90 30.74 32.22 32.59 34.39 24.74 25.76 26.92 28.80
Debt to equity 1.32 1.15 1.15 0.83 1.13 0.96 1.50 1.60 1.65 1.70

In billions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Balance sheet

In billions of USD, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 31 Dec 2016 FY2017 31 Dec 2017 FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Assets
0.64 0.90 1.35 0.59 0.43 0.67 0.41 0.45 0.36 0.63
4.16 4.45 4.61 4.59 3.23 1.87 2.22 2.34 2.74 3.30
71.56 74.20 76.71 80.23 82.58 64.56 69.08 73.59 78.18 84.32
6.68 6.68 6.68 6.68 6.68 6.63 6.63 6.63 6.63 6.63
114.90 116.77 119.63 124.98 129.32 133.01 95.35 101.86 107.78 116.57
Growth +1.6% +2.5% +4.5% +3.5% +2.9% −28.3% +6.8% +5.8% +8.2%
Liabilities
2.43 2.09 1.35 −4.71 1.82 2.15 1.80 1.40 1.45 1.67
31.58 32.18 34.08 31.33 35.09 30.75 35.27 39.69 42.95 47.41
calc 34.01 34.26 35.42 26.62 36.91 32.90 37.07 41.10 44.40 49.08
87.29 84.58 86.59 90.40 94.45 98.22 70.61 76.10 80.86 87.77
Equity
12.03 14.08 14.74 16.27 16.74 16.94 4.60 5.49 6.43 7.58
25.84 29.90 30.74 32.22 32.59 34.39 24.74 25.76 26.92 28.80
Growth +15.7% +2.8% +4.8% +1.1% +5.5% −28.1% +4.1% +4.5% +7.0%
Per share and net cash
calc −33.37 −33.37 −34.08 −26.03 −36.48 −32.23 −36.67 −40.65 −44.04 −48.45
926.6 965.0 968.0 973.0 976.0 979.0 994.0 999.0 1,005 1,023
calc 27.88 30.98 31.76 33.12 33.39 35.13 24.89 25.78 26.79 28.15

Lines marked calc are worked out here from filed figures; point at one for how.