Exelon
Exelon Corporation (NASDAQ: EXC) operates as a utility services holding company engaged primarily in energy transmission and distribution through its subsidiaries. The company's website is www.exeloncorp.com. From the company’s description.
Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.
What Exelon does
In the company’s own words
Exelon Corporation (NASDAQ: EXC) operates as a utility services holding company engaged primarily in energy transmission and distribution through its subsidiaries. The company's website is www.exeloncorp.com.
The company serves customers across the northeastern and mid-Atlantic United States through six regulated utility subsidiaries: Commonwealth Edison Company (ComEd), which operates in northern Illinois including Chicago; PECO Energy Company, serving southeastern Pennsylvania including Philadelphia; Baltimore Gas and Electric Company (BGE), operating in central Maryland; and three subsidiaries under Pepco Holdings LLC—Potomac Electric Power Company (Pepco) in the District of Columbia and portions of Maryland, Delmarva Power & Light Company (DPL) in Delaware and Maryland, and Atlantic City Electric Company (ACE) in southern New Jersey. Exelon also provides business services through its subsidiary Exelon Business Services Company.
Exelon's core business involves purchasing and regulated retail sale of electricity and natural gas, with transmission and distribution of these utilities to retail customers across its service territories. The company does not generate electricity but procures supply through contracts and market purchases as directed by state laws and regulatory commissions. The utilities serve approximately 10.4 million total customers across their combined service territories spanning over 25,000 square miles.
As of December 31, 2025, Exelon employed approximately 20,571 people, with roughly 42 percent participating in collective bargaining agreements. The company operates as a capital-intensive business, with planned investments of approximately 41 billion dollars over four years in electric and natural gas infrastructure improvements, modernization projects, smart grid technology, storm hardening, and transmission projects.
Exelon's strategy focuses on maintaining operational excellence, enhancing customer experience, and advancing clean and affordable energy choices while ensuring fair financial returns through appropriate ratemaking mechanisms. The company announced its Path to Clean goal in August 2021, targeting a 50 percent reduction in operations-driven greenhouse gas emissions by 2030 against a 2015 baseline and net-zero operations-driven emissions by 2050. The utility registrants invest significantly in energy efficiency programs, with estimated customer program investments totaling 4.9 billion dollars from 2026 through 2029.
Company details
- Sector
- Utilities
- Industry (SIC)
- Electric, Gas & Water
- Headquarters
- CHICAGO, IL
- Fiscal year end
- December
- CIK
- 1109357
- SIC
- 4931
Financial performance, year by year
Fiscal 2013–2025 · USDThe full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.
Who owns Exelon — and what changed
Funds as of 2026Q2 · superinvestors as of 2026-06-30
Largest fund holders · Exelon’s weight in each
Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.
Exelon’s bonds, as funds hold them
Funds report holding 83 issues of Exelon’s debt, $4.80B at market value — what funds hold, not the company’s total debt. Weighted-average coupon 4.67%, maturing 2026 to 2056.
Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.
Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.
Recent filings
All filings →Each filing opens into its own statements and disclosures here.
Put this business in context.
Compare this company with peers, find it in your funds and follow its financial history with your connected AI:
- “How do Exelon and its peers compare on margins and cash generation over ten years?”
- “Where did five years of Exelon's earnings go — cash, debt, buybacks, reinvestment?”
- “What changed in Exelon's last four quarterly filings that the numbers alone won't show?”