(EXC) Exelon - Overview
Sector: Utilities | Industry: Utilities - Regulated Electric | Exchange: NASDAQ (USA) | Market Cap: 47.303m USD | Total Return: 8.1% in 12m
Avg Turnover: 335M
EPS Trend: 94.8%
Qual. Beats: 0
Rev. Trend: 96.2%
Qual. Beats: 1
Warnings
High Debt while negative Cash Flow
Altman Z'' 0.85 < 1.0 - financial distress zone
Tailwinds
No distinct edge detected
Exelon Corporation (EXC) is a major U.S. utility services holding company headquartered in Chicago, Illinois. Operating primarily within the regulated electric and natural gas sectors, the company manages energy transmission and distribution networks for a diverse client base, including residential, industrial, and public authority customers. Its business model relies on a rate-regulated framework, which provides a predictable revenue stream tied to infrastructure investment and service delivery.
As a pure-play transmission and distribution utility, Exelon operates in a capital-intensive sector where growth is often driven by grid modernization and decarbonization initiatives. These regulated utilities are generally less sensitive to commodity price volatility compared to independent power producers. Investors looking for deeper insights into these regulatory cycles may find further value in the data available on ValueRay.
The company maintains a significant geographic footprint across several major metropolitan areas in the Mid-Atlantic and Midwest. Its operations are concentrated on the delivery side of the energy value chain, focusing on the maintenance and expansion of the physical grid infrastructure required to transport electricity and gas from producers to end-users.
- Rate case outcomes in Illinois and Pennsylvania dictate future multi-year earnings growth
- Federal interest rate shifts impact financing costs for capital-intensive infrastructure projects
- Regulatory approval of grid modernization investments expands the regulated rate base
- Demand for data center electrification accelerates load growth across service territories
- Operational efficiency gains at Commonwealth Edison and PECO drive bottom-line performance
| Net Income: 2.78b TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.02 > 0.02 and ΔFCF/TA -0.47 > 1.0 |
| NWC/Revenue: -2.36% < 20% (prev 2.94%; Δ -5.30% < -1%) |
| CFO/TA 0.06 > 3% & CFO 6.78b > Net Income 2.78b |
| Net Debt (50.0b) to EBITDA (8.85b): 5.64 < 3 |
| Current Ratio: 0.94 > 1.5 & < 3 |
| Outstanding Shares: last quarter (1.03b) vs 12m ago 1.68% < -2% |
| Gross Margin: 24.11% > 18% (prev 0.42%; Δ 2.37k% > 0.5%) |
| Asset Turnover: 21.84% > 50% (prev 21.65%; Δ 0.19% > 0%) |
| Interest Coverage Ratio: 2.38 > 6 (EBITDA TTM 8.85b / Interest Expense TTM 2.17b) |
| A: -0.00 (Total Current Assets 9.00b - Total Current Liabilities 9.59b) / Total Assets 118b |
| B: 0.07 (Retained Earnings 8.06b / Total Assets 118b) |
| C: 0.05 (EBIT TTM 5.16b / Avg Total Assets 114b) |
| D: 0.33 (Book Value of Equity 29.4b / Total Liabilities 88.2b) |
| Altman-Z'' = 0.85 = B |
| DSRI: 1.12 (Receivables 4.69b/4.02b, Revenue 24.8b/23.7b) |
| GMI: 1.73 (GM 24.11% / 41.73%) |
| AQI: 1.00 (AQ_t 0.20 / AQ_t-1 0.20) |
| SGI: 1.05 (Revenue 24.8b / 23.7b) |
| TATA: -0.03 (NI 2.78b - CFO 6.78b) / TA 118b) |
| Beneish M = -2.27 (Cap -4..+1) = BBB |
As of May 25, 2026, the stock is trading at USD 45.35 with a total of 7,460,107 shares traded.
Over the past week, the price has changed by +6.57%,
over one month by -1.47%,
over three months by -4.04% and
over the past year by +8.07%.
Exelon has received a consensus analysts rating of 3.33. Therefore, it is recommended to hold EXC.
- StrongBuy: 4
- Buy: 2
- Hold: 9
- Sell: 2
- StrongSell: 1
| Analysts Target Price | 49.4 | 8.9% |
P/E Forward = 16.2338
P/S = 1.9085
P/B = 1.6136
P/EG = 2.9763
Revenue TTM = 24.8b USD
EBIT TTM = 5.16b USD
EBITDA TTM = 8.85b USD
Long Term Debt = 48.2b USD (from longTermDebt, last quarter)
Short Term Debt = 2.99b USD (from shortTermDebt, last quarter)
Debt = 51.2b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 50.0b USD (calculated: Debt 51.2b - CCE 1.27b)
Enterprise Value = 97.3b USD (47.3b + Debt 51.2b - CCE 1.27b)
Interest Coverage Ratio = 2.38 (Ebit TTM 5.16b / Interest Expense TTM 2.17b)
EV/FCF = -44.97x (Enterprise Value 97.3b / FCF TTM -2.16b)
FCF Yield = -2.22% (FCF TTM -2.16b / Enterprise Value 97.3b)
FCF Margin = -8.73% (FCF TTM -2.16b / Revenue TTM 24.8b)
Net Margin = 11.21% (Net Income TTM 2.78b / Revenue TTM 24.8b)
Gross Margin = 24.11% ((Revenue TTM 24.8b - Cost of Revenue TTM 18.8b) / Revenue TTM)
Gross Margin QoQ = 28.28% (prev -21.62%)
Tobins Q-Ratio = 0.83 (Enterprise Value 97.3b / Total Assets 118b)
Interest Expense / Debt = 4.24% (Interest Expense 2.17b / Debt 51.2b)
Taxrate = 17.87% (200.0m / 1.12b)
NOPAT = 4.24b (EBIT 5.16b * (1 - 17.87%))
Current Ratio = 0.94 (Total Current Assets 9.00b / Total Current Liabilities 9.59b)
Debt / Equity = 1.75 (Debt 51.2b / totalStockholderEquity, last quarter 29.3b)
Debt / EBITDA = 5.64 (Net Debt 50.0b / EBITDA 8.85b)
Debt / FCF = -23.10 (negative FCF - burning cash) (Net Debt 50.0b / FCF TTM -2.16b)
Total Stockholder Equity = 28.5b (last 4 quarters mean from totalStockholderEquity)
RoA = 2.45% (Net Income 2.78b / Total Assets 118b)
RoE = 9.76% (Net Income TTM 2.78b / Total Stockholder Equity 28.5b)
RoCE = 6.73% (EBIT 5.16b / Capital Employed (Equity 28.5b + L.T.Debt 48.2b))
RoIC = 3.82% (NOPAT 4.24b / Invested Capital 111b)
WACC = 4.18% (E(47.3b)/V(98.5b) * Re(4.93%) + D(51.2b)/V(98.5b) * Rd(4.24%) * (1-Tc(0.18)))
Discount Rate = 4.93% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 80.90 | Cagr: 1.19%
[DCF] Fair Price = unknown (Cash Flow -2.16b)
EPS Correlation: 94.77 | EPS CAGR: 9.00% | SUE: 0.38 | # QB: 0
Revenue Correlation: 96.19 | Revenue CAGR: 7.18% | SUE: 1.09 | # QB: 1
EPS current Quarter (2026-06-30): EPS=0.49 | Chg30d=+1.16% | Revisions=-27% | Analysts=13
EPS next Quarter (2026-09-30): EPS=0.85 | Chg30d=-2.84% | Revisions=-14% | Analysts=4
EPS current Year (2026-12-31): EPS=2.86 | Chg30d=-0.02% | Revisions=-14% | GrowthEPS=+3.1% | GrowthRev=+4.4%
EPS next Year (2027-12-31): EPS=3.04 | Chg30d=-0.13% | Revisions=-50% | GrowthEPS=+6.3% | GrowthRev=+3.1%
[Analyst] Revisions Ratio: -50%