Financials · EXC

Exelon Corporation (EXC) financials

For the twelve months ended Mar 31, 2026, Exelon Corporation reported $24.79B of revenue and $2.78B of net income.

Revenue, TTM
$24.79B
Revenue growth, YoY
+4.6%
Net income, TTM
$2.78B
Net income growth, YoY
+2.5%
Net margin
11.2%
Free cash flow, TTM
-$2.16B
EPS, diluted, TTM
$2.73
EPS growth, YoY
+1.5%
Cash
$713.00M
Total debt
$48.52B
P/E
16.99
P/S
1.90
Market cap
$47.21B
Annual revenue$24.26B
FY2016FY2025
Annual net income$2.77B
FY2016FY2025
Annual free cash flow-$2.27B
FY2016FY2025

EXC revenue and earnings growth

EXC revenueQ1 2026$7.24B

Quarter YoY
+7.9%
QoQ
+33.8%
FY YoY
+5.3%
5Y CAGR
+7.8%
10Y CAGR
-1.9%

EXC revenue was $7.24B in fiscal Q1 2026 (ended Mar 31, 2026), up 7.9% from a year earlier and up 33.8% from the prior quarter. For the full fiscal 2025 it was $24.26B, up 5.3% from fiscal 2024. Compound annual growth was +7.8% over 5 years and -1.9% over 10 years. It rose in 8 of the last 10 fiscal years.

EXC net incomeQ1 2026$919.00M

Quarter YoY
+1.2%
QoQ
+54.7%
FY YoY
+12.5%
5Y CAGR
+7.1%
10Y CAGR
+2.0%

EXC net income was $919.00M in fiscal Q1 2026 (ended Mar 31, 2026), up 1.2% from a year earlier and up 54.7% from the prior quarter. For the full fiscal 2025 it was $2.77B, up 12.5% from fiscal 2024. Compound annual growth was +7.1% over 5 years and +2.0% over 10 years. It rose in 6 of the last 10 fiscal years.

EXC EPSQ1 2026$0.90

Quarter YoY
+0.0%
QoQ
+55.2%
FY YoY
+11.4%
5Y CAGR
+19.3%
10Y CAGR
+0.7%

EXC diluted EPS was $0.90 in fiscal Q1 2026 (ended Mar 31, 2026), up 0.0% from a year earlier and up 55.2% from the prior quarter. For the full fiscal 2025 it was $2.73, up 11.4% from fiscal 2024. Compound annual growth was +19.3% over 5 years and +0.7% over 10 years.

EXC free cash flowQ1 2026-$634.00M

EXC free cash flow was -$634.00M in fiscal Q1 2026 (ended Mar 31, 2026), compared with -$746.00M a year earlier. For the full fiscal 2025 it was -$2.27B, compared with -$1.53B in fiscal 2024.

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Income statement

Income statement
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Revenue$24.26B$23.03B$21.73B$19.08B$17.94B$16.66B$34.44B$35.98B$33.56B$31.37B
Operating income$5.15B$4.32B$4.02B$3.31B$2.68B$2.19B$4.37B$3.89B$4.39B$3.21B
Interest expense-----$1.61B$1.59B$1.53B$1.52B$1.50B
Pre-tax income$3.29B$2.67B$2.70B$2.40B$1.65B$1.09B$3.98B$2.23B$3.77B$1.97B
Income tax$523.00M$207.00M$374.00M$349.00M$38.00M-$7.00M$774.00M$118.00M-$126.00M$753.00M
Net income$2.77B$2.46B$2.33B$2.17B$1.71B$1.96B$2.94B$2.00B$3.78B$1.12B
EPS, basic$2.74$2.45$2.34$2.08$1.65$1.13$3.02$2.07$3.99$1.21
EPS, diluted$2.73$2.45$2.34$2.08$1.65$1.13$3.01$2.07$3.98$1.21
Diluted shares1.01B1.00B997.0M987.0M980.0M977.0M974.0M969.0M949.0M927.0M

Balance sheet

Balance sheet
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Cash and equivalents$626.00M$939.00M$445.00M$407.00M$672.00M$432.00M$587.00M$1.35B$898.00M$635.00M
Receivables$3.30B$2.74B$2.34B$2.22B$1.87B$3.23B$4.59B$4.61B$4.45B$4.16B
Current assets$9.55B$8.38B$8.09B$7.34B$13.96B$12.56B$12.04B$13.33B$11.90B$12.41B
Goodwill$6.63B$6.63B$6.63B$6.63B$6.63B$6.68B$6.68B$6.68B$6.68B$6.68B
Total assets$116.57B$107.78B$101.86B$95.35B$133.01B$129.32B$124.98B$119.63B$116.77B$114.90B
Current liabilities$10.33B$9.61B$9.90B$10.61B$16.11B$12.77B$14.19B$11.40B$10.80B$13.46B
Short-term debt$612.00M$1.45B$1.40B$1.80B$2.15B$1.82B-$4.71B$1.35B$2.09B$2.43B
Long-term debt$47.41B$42.95B$39.69B$35.27B$30.75B$35.09B$31.33B$34.08B$32.18B$31.57B
Total debt$48.02B$44.40B$41.09B$37.07B$32.90B$36.91B$26.62B$35.42B$34.26B$34.01B
Total liabilities$87.77B$80.86B$76.10B$70.61B$98.22B$94.45B$90.40B$86.59B$84.58B$87.29B
Shareholders' equity$28.80B$26.92B$25.75B$24.74B$34.80B$34.87B$34.57B$33.05B$32.17B$27.63B

Cash flow

Cash flow
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Operating cash flow$6.25B$5.57B$4.70B$4.87B$3.01B$4.24B$6.66B$8.64B$7.48B$8.46B
Capital expenditures$8.53B$7.10B$7.41B$7.15B$7.98B$8.05B$7.25B$7.59B$7.58B$8.55B
Free cash flow-$2.27B-$1.53B-$2.71B-$2.28B-$4.97B-$3.81B-$589.00M$1.05B-$104.00M-$92.00M
Investing cash flow-$8.53B-$7.04B-$7.38B-$6.99B-$3.32B-$4.34B-$7.26B-$7.83B-$7.97B-$15.45B
Financing cash flow$2.53B$1.31B$2.68B$1.59B$758.00M$145.00M-$58.00M-$219.00M$767.00M$1.19B
Dividends paid$1.62B$1.52B$1.43B$1.33B$1.50B$1.49B$1.41B$1.33B$1.24B$1.17B
Stock-based compensation-------$75.00M$88.00M$111.00M
Depreciation and amortization$3.64B$3.60B$3.51B$3.53B$7.57B$2.89B$4.25B$4.35B$3.83B$3.94B

Key ratios

Key ratios
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Revenue growth, YoY5.3%6.0%13.9%6.4%7.7%-51.6%-4.3%7.2%7.0%6.5%
Net income growth, YoY12.5%5.7%7.3%27.2%-13.1%-33.1%46.4%-46.9%237.1%-50.6%
EPS growth, YoY11.4%4.7%12.5%26.1%46.0%-62.5%45.4%-48.0%228.9%-52.4%
Operating margin21.2%18.8%18.5%17.4%15.0%13.1%12.7%10.8%13.1%10.2%
Net margin11.4%10.7%10.7%11.4%9.5%11.8%8.5%5.6%11.3%3.6%
Free cash flow margin-9.4%-6.6%-12.4%-11.9%-27.7%-22.9%-1.7%2.9%-0.3%-0.3%
Return on equity9.6%9.1%9.0%8.8%4.9%5.6%8.5%6.1%11.7%4.1%
Return on assets2.4%2.3%2.3%2.3%1.3%1.5%2.3%1.7%3.2%1.0%
Current ratio0.920.870.820.690.870.980.851.171.100.92
Debt to equity1.671.651.601.500.951.060.771.071.071.23

Source: XBRL data Exelon Corporation files with the SEC, latest filing dated May 6, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

EXC peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
EXC$24.79B+4.6%$2.78B11.2%$47.21B
DUK$33.17B+7.2%$5.14B15.5%$99.63B
XEL$14.87B+4.5%$2.67B17.9%$51.13B
ED$18.23B+8.7%$2.29B12.6%$43.85B
WEC$10.32B+8.1%$1.81B17.5%$38.12B
PEG$13.03B+15.3%$2.01B15.4%$36.20B
PCG$25.84B+5.7%$3.08B11.9%$34.75B
AEE$8.75B+3.8%$1.56B17.9%$31.24B
CMS$8.81B+9.9%$1.03B11.6%$21.70B

EXC FAQ

8 questions
  • What is EXC revenue?
    Exelon Corporation (EXC) reported $24.79B of revenue for the twelve months ended Mar 31, 2026. That is up 4.6% from the year before. Revenue for fiscal 2025 was $24.26B.
  • Is EXC profitable?
    Yes. Exelon Corporation earned $2.78B in net income for the twelve months ended Mar 31, 2026, a net margin of 11.2%.
  • How much cash and debt does EXC have?
    Exelon Corporation reported $713.00M in cash and cash equivalents and $48.52B of debt on its most recent balance sheet in SEC filings.
  • How fast is EXC revenue growing?
    Exelon Corporation's revenue changed +5.3% in fiscal 2025, to $24.26B. Its compound annual growth rate was +7.8% over 5 years and -1.9% over 10 years.
  • What is EXC free cash flow?
    Exelon Corporation generated -$2.16B of free cash flow for the twelve months ended Mar 31, 2026, which is operating cash flow of $6.78B less capital expenditures.
  • What is EXC earnings per share?
    Diluted earnings per share were $2.73 for the twelve months ended Mar 31, 2026, from SEC filings, restated for any stock split those filings show.
  • When did EXC last report financial results?
    The latest statements here come from Exelon Corporation's 10-Q filed on May 6, 2026, covering the period ended Mar 31, 2026.
  • Where does this EXC financial data come from?
    Quantisnow builds these statements from the structured XBRL data Exelon Corporation files with the SEC. It is provided for information only and is not investment advice.