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Nasdaq · Utilities

EXELON CORP (EXC)

As-reported financials and recent SEC filings for EXELON CORP, latest fiscal period FY2025. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About EXELON CORP

Exelon Corp is a utility services holding company that operates through its subsidiaries to provide regulated electric and natural gas transmission and distribution services. Its main subsidiaries include ComEd, PECO, BGE, Pepco, DPL, and ACE, serving customers in various regions such as Northern Illinois, Southeastern Pennsylvania, Central Maryland, the District of Columbia, Delaware, and Southern New Jersey. Exelon also offers business support services to its subsidiaries, including legal, finance, human resources, and information technology.

Snapshot

Revenue
$24.26B
Revenue growth (YoY)
5.3%
Net income
$2.77B
Diluted EPS
Gross margin
Operating margin
21.2%
Net margin
11.4%
FCF margin
-9.4%
ROE
9.6%
P/E (TTM)
17.3×
Market cap
Debt / equity
1.6×

Fundamentals are from SEC filings. P/E and market cap are derived from recent market prices, refreshed on a rolling basis (typically within the past week).

What changed at Exelon

  • Revenue grew 5.3% to $24.3B in FY2025, in line with the 6.0% the year before.
  • Operating margin is 21.2% in FY2025, +6.3 pp against 15.0% in FY2021.
  • Most recent quarter Q1 FY2026: revenue $7.2B, up 7.9% from Q1 FY2025.
  • Free cash flow was negative $2.3B in FY2025.
  • Net income rose 12.5% to $2.8B in FY2025.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Exelon’s fundamentals sit among the 98 Utilities companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Operating margin21.2%
53rd percentile of 86
Net margin11.4%
48th percentile of 91
FCF margin-9.4%
36th percentile of 76
Revenue growth (YoY)+5.3%
34th percentile of 94
ROE9.6%
63rd percentile of 89
P/E (TTM)17.3×
17th percentile of 83
Debt / equity1.65×
81st percentile of 84
Short interest3.96d
32nd percentile of 98

No open-market insider transactions recorded in the last 90 days. For context, about 16% of companies in the universe saw any open-market insider buying in the same window. Browse insider activity →

Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 3 of the superinvestors we track (plus 5 quant / multi-strat books), based on each investor’s most recent 13F (latest Q1 2026).

Conviction investors
3
+5 quant / multi-strat
Initiated / added
1
0 new, 1 added
Reduced / exited
7
7 trimmed, 0 exited
Combined position
$338.4M
reported long value
InvestorAs ofPosition valueSharesChange
Citadel AdvisorsquantQ1 2026$159.9M3.3MAdded
AQR Capital ManagementquantQ1 2026$148.3M3.0MReduced
Gotham Asset ManagementQ1 2026$18.5M377.2KReduced
Soros Fund ManagementQ1 2026$5.1M104.7KReduced
D. E. ShawquantQ1 2026$2.8M56.7KReduced
Millennium ManagementquantQ1 2026$2.4M48.4KReduced
Bridgewater AssociatesQ1 2026$826,72216.9KReduced
Two Sigma InvestmentsquantQ1 2026$559,51411.4KReduced

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
36.1M
settled 2026-07-15
Change vs prior
-16.6%
vs previous settlement
Days to cover
3.96
at avg daily volume
Avg daily volume
9.1M
FINRA reported
SettlementShares shortChangeDays to cover
2026-07-1536.1M-16.6%3.96
2026-06-3043.3M+7.4%4.37
2026-06-1540.3M-3.3%5.24
2026-05-2941.6M+13.5%5.01
2026-05-1536.7M-0.8%4.52
2026-04-3037.0M-13.7%4.01
2026-04-1542.8M+3.2%6.61
2026-03-3141.5M+3.9%5.06

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$24.26B$23.03B$21.73B$19.08B$17.94B
Gross profit
Operating income$5.15B$4.32B$4.02B$3.31B$2.68B
Net income$2.77B$2.46B$2.33B$2.17B$1.83B
Diluted EPS$1.74

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full methodology.

Balance sheet (as reported)

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full methodology.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$6.25B$5.57B$4.70B$4.87B$3.01B
Capital expenditure$8.53B$7.10B$7.41B$7.15B$7.98B
Free cash flow$-2.27B$-1.53B$-2.71B$-2.28B$-4.97B

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full methodology.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q1 FY2026$7.24B7.9%$919.0M$0.90
Q4 FY2025$5.41B-1.1%$594.0M$0.59
Q3 FY2025$6.71B9.0%$875.0M$0.86
Q2 FY2025$5.43B1.2%$391.0M$0.39
Q1 FY2025$6.71B11.1%$908.0M$0.90
Q4 FY2024$5.47B1.9%$647.0M$0.64
Q3 FY2024$6.15B2.9%$707.0M$0.70
Q2 FY2024$5.36B11.3%$448.0M$0.45

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNasdaq
SectorUtilities
SIC industryElectric & Other Services Combined
Fiscal year endDecember 31
Latest fiscal periodFY2025
SEC filings since2017
SEC CIK1109357

Recent SEC filings

10-K2026-02-12
View on EDGAR →
10-K2025-02-12
View on EDGAR →
10-Q2026-05-06
View on EDGAR →
10-Q2025-11-04
View on EDGAR →
10-Q2025-07-31
View on EDGAR →
10-Q2025-05-01
View on EDGAR →
8-K2026-05-06
View on EDGAR →
8-K2026-04-30
View on EDGAR →

Largest Utilities peers

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Data sourced from SEC EDGAR (public domain). Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.