Also trades as: 0IJN.L (LSE) · $vol 0M · EXCVV (NASDAQ) · $vol 0M · PEO.DE (XETRA) · $vol 0M

$44.70

+0.16 (+0.36%)

After Hours: $44.44 (-0.26, -0.58%)

Weekly Expected Move ±3.1%

$42 $43 $44 $46 $47

NASDAQ · Utilities · Regulated Electric · Tech Score Buy · Power 66 · $46.1B mcap · 1.03B float · 0.776% daily turnover · Short 67% of daily vol

Credit Risk of going bust: lower than 72% of companies Debt: 53.3% of company value Bonds: $666.0M held by 549 funds, 87 bp over Treasuries → details ▾

Of US companies ranked in the safest four tenths, about 1 in 3,500 filed for bankruptcy within a year (2020-2025).
If the stock fell to about $1.93 (down 96%), Exelon Corporation would be worth roughly what it owes.
Total debt $52.28B against a stock market value of $45.89B.
Distance to default 7.95 (Merton model): prices to 2026-10-26, balance sheet 2026-06-30, debt counted $27.13B (short-term plus half of long-term), stock volatility 19.9%; Altman Z'' 0.86. A ranking and a back-test, not a forecast.
Bond figures are fund-reported marks (SEC N-PORT) as of Jul 2026. How these are computed.

Revenue Segmentation

By Product / Service

Revenue by Segment (5-Year Trend)

Income Trends

Revenue

$24.3B +5.3% ▲

5Y CAGR: -6.0%

Gross Profit

$6.8B -28.0% ▼

5Y CAGR: -6.6%

Operating Income

$5.1B +19.1% ▲

5Y CAGR: +12.8%

Net Income

$2.8B +12.5% ▲

5Y CAGR: +7.1%

EPS (Diluted)

$2.74 +11.8% ▲

5Y CAGR: +6.4%

EBITDA

$8.8B +7.5% ▲

5Y CAGR: -3.5%

Profit Margins

Year-over-Year Growth

View Full Income Statement

Line Item	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$17.9B	$19.1B	$21.7B	$23.0B	$24.3B
YoY Growth	-45.7%	+6.4%	+13.9%	+6.0%	+5.3%
Cost of Revenue	$10.9B	$11.0B	$12.8B	$13.6B	$17.5B
Gross Profit	$7.0B	$8.0B	$8.9B	$9.4B	$6.8B
Gross Margin	39.1%	42.1%	41.1%	40.8%	27.9%
R&D Expenses	$0	$0	$0	$0	$0
SG&A Expenses	$0	$0	$0	$0	$0
Operating Expenses	$4.3B	$4.7B	$4.9B	$5.1B	$1.6B
Operating Income	$2.7B	$3.3B	$4.0B	$4.3B	$5.1B
Operating Margin	15.0%	17.4%	18.5%	18.8%	21.2%
Interest Expense	$1.3B	$1.4B	$1.7B	$1.9B	$2.1B
Income Before Tax	$1.7B	$2.4B	$2.7B	$2.7B	$3.3B
Tax Expense	$38M	$349M	$374M	$207M	$523M
Net Income	$1.7B	$2.2B	$2.3B	$2.5B	$2.8B
Net Margin	9.5%	11.4%	10.7%	10.7%	11.4%
EPS (Diluted)	$1.74	$2.08	$2.34	$2.45	$2.74
EBITDA	$9.4B	$7.2B	$7.9B	$8.2B	$8.8B
Shares Outstanding	980M	987M	997M	1.00B	1.01B

Line Item	FY2024 Q3	FY2024 Q4	FY2025 Q1	FY2025 Q2	FY2025 Q3	FY2025 Q4	FY2026 Q1	FY2026 Q2
Revenue	$6.2B	$5.5B	$6.7B	$5.4B	$6.7B	$5.4B	$7.2B	$6.0B
Cost of Revenue	$3.7B	$3.1B	$3.9B	$3.2B	$3.8B	$6.6B	$5.2B	$3.5B
Gross Profit	$2.5B	$2.4B	$2.8B	$2.2B	$2.9B	-$1.2B	$2.0B	$2.4B
Gross Margin	40.6%	43.6%	42.4%	40.7%	43.1%	-21.6%	28.3%	41.0%
R&D Expenses	$0	$0	$0	$0	$0	$0	$0	$0
SG&A Expenses	$0	$0	$0	$0	$0	$0	$0	$0
Operating Expenses	$1.3B	$1.3B	$1.3B	$1.3B	$1.4B	-$2.4B	$443M	$1.5B
Operating Income	$1.2B	$1.1B	$1.5B	$927M	$1.5B	$1.2B	$1.6B	$979M
Operating Margin	19.4%	20.1%	22.9%	17.1%	22.4%	21.8%	22.2%	16.4%
Interest Expense	$496M	$468M	$510M	$531M	$538M	$548M	$555M	$568M
Income Before Tax	$757M	$696M	$1.1B	$461M	$1.0B	$722M	$1.1B	$495M
Tax Expense	$50M	$49M	$170M	$70M	$155M	$128M	$200M	$99M
Net Income	$707M	$647M	$908M	$391M	$875M	$594M	$919M	$396M
Net Margin	11.5%	11.8%	13.5%	7.2%	13.0%	11.0%	12.7%	6.6%
EPS (Diluted)	$0.70	$0.64	$0.90	$0.39	$0.86	$0.59	$0.90	$0.39
EBITDA	$2.2B	$2.1B	$2.5B	$1.9B	$2.5B	$1.9B	$2.6B	$2.0B
Shares Outstanding	1.00B	1.00B	1.01B	1.00B	1.01B	1.01B	1.03B	1.03B

EXC NASDAQ