Fundamental analysis · SEC EDGAR · TTM through 31/03/2026

Fundamental analysis of Exelon Corp

EXC · Nasdaq · Utilities

Fundamental quality

DEMANDING

42

out of 100

Exelon Corp earns a fundamental-quality score of 42 out of 100, profiling it as a company with demanding fundamentals. Its score rests mainly on its profitability (net margin 11.2%). Its weakest area is its financial strength (net debt 5.37× EBITDA). Whether it's cheap or expensive depends on the current price, which you can compute in the tool.

What the company does

Exelon is America's largest pure electricity-delivery company: the wires and meters of Chicago, Philadelphia, Baltimore and Washington. After spinning off its power plants, it remained the sector's most boring, predictable business: charging to bring power to the door.

What will shape its future

  • Regulated rates in its cities, the single, steady source of its revenue.
  • Investment in modernizing old urban grids, its regulator-approved growth path.
  • Urban demand growth (electrification, data), the unexpected extra.

Breakdown by area

I.Growth
37

EPS growth: -2.7% · Revenue growth: 7.9%

II.Profitability
62

Net margin: 11.2% · ROE: 9.5% · ROIC: 5.6%

III.Financial health
26

Net debt/EBITDA: 5.37x · FCF: -8.7%

Source: SEC EDGAR · TTM through 31/03/2026

The score combines growth, profitability and financial strength. Here its profitability weighs in its favor, while its financial strength drags it down the most.

Versus its sector

Percentile against the other 24 Utilities companies in our coverage: how far it beats them on each metric (100 = best in sector).

Net marginbeats 42%
ROEbeats 38%
Growthbeats 58%
Cash generationbeats 38%
Less debtbeats 43%

Computed from the daily dataset scores. A high percentile places the company among the best in its sector on that metric; it is not a buy recommendation.

Key concepts

What do these metrics mean? Fundamental analysis · What is the P/E · What is EPS · What is ROE · Net & gross margin · Free cash flow

Exelon Corp strengths

  • Revenue rising without interruption since 2020.
  • Solid net margin (11.2%): the business is clearly profitable.

Exelon Corp risks and weaknesses

  • Very high leverage (net debt of 5.37× EBITDA): more exposed to rates and to a rough patch.
  • Negative free cash flow: the business burns cash.
  • Declining earnings per share (-2.7% annualized).
  • Its net debt has grown over the period.

Exelon Corp historical evolution

YearRevenueNet incomeFree cash flowNet debt
202016,6631,954-3,81336,480
202117,9381,829-4,96932,230
202219,0782,171-2,27736,667
202321,7272,328-2,70540,650
202423,0282,460-1,52844,043
202524,2582,768-2,27548,452

Between 2020 and 2025, revenue went from $16,663M to $24,258M (+46%) and net income went from $1,954M to $2,768M (+42%).

Annual figures in millions of U.S. dollars ($M) per SEC filings. Net debt is total debt minus cash.

Latest results

Versus the same period a year earlier

Figures for the quarter ended March 31, 2026, versus the quarter ended March 31, 2025 (SEC filings):

  • Revenue+7.9%
  • Net income+1.2%

Automatic comparison between the two most recent periods filed with the SEC. One quarter doesn't make a trend: read it alongside the historical evolution above.

Dividend

$1.6

per share, yearly

58.4% of earnings

Payout

3 straight years raising it

Growth

The dividend yield depends on today's price. Compute it in the analyzer → · See all dividend-paying stocks →

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Is Exelon Corp cheap or expensive?

That depends on the current price. Look it up, enter it in the tool and get the full valuation verdict (P/E against its sector).

Compute the valuation →

Frequently asked questions

Is Exelon Corp a good company to invest in?

In terms of business quality, Exelon Corp scores 42 out of 100 in our analysis, placing it as a company with demanding fundamentals. That said, this isn't a recommendation: whether it's a good investment also depends on its current price and your goals.

Is Exelon Corp a profitable company?

Yes. Exelon Corp shows a net margin of 11.2% and an ROE of 9.5%, a sign of a profitable business.

Does Exelon Corp have a lot of debt?

Yes, its leverage is high: net debt is 5.37 times its EBITDA, and it has been rising.

Is Exelon Corp growing?

Its revenue has grown 7.9% annualized in recent years, and without interruption since 2020.

Does Exelon Corp generate cash?

Over the last twelve months its free cash flow was negative.

The thresholds are general and the system doesn't judge qualitative factors. See the full methodology and use this analysis as a first filter, never as a final decision.

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