EXELON CORP

10-K & 10-Q Filings

Exelon Corporation is a holding company engaged in the energy transmission and distribution businesses through its subsidiaries, including Commonwealth Edison Company (ComEd), PECO Energy Company (PECO), Baltimore Gas and Electric Company (BGE), Pepco Holdings LLC (Pepco), Potomac Electric Power Company (Pepco), Delmarva Power & Light Company (DPL), and Atlantic City Electric Company (ACE). The company's business strategy includes maintaining operational excellence, meeting financial commitments, ensuring timely recovery on investments, supporting clean energy policies, and enhancing the customer experience. The company's utility operations include electric and natural gas distribution services, and its subsidiaries serve various regions in the United States. Exelon's website is www.exeloncorp.com and its ticker symbol is EXC.

12 mos ending Dec 31, 201112 mos ending Dec 31, 201212 mos ending Dec 31, 201312 mos ending Dec 31, 201412 mos ending Dec 31, 201512 mos ending Dec 31, 201612 mos ending Dec 31, 201712 mos ending Dec 31, 201812 mos ending Dec 31, 201912 mos ending Dec 31, 202012 mos ending Dec 31, 202112 mos ending Dec 31, 202212 mos ending Dec 31, 20233 mos ending Mar 31, 20233 mos ending Mar 31, 2024CAGR %YoY %Revenue (+)
$5920.00
5081.00
4666.00
5072.00
4805.00
31360.00
33531.00
35985.00
34438.00
33039.00
36347.00
19078.00
5563.00
Cost of Revenue (-)
$4175.00
3213.00
255.00
311.00
-218.00
12640.00
14035.00
16670.00
19749.00
19118.00
23400.00
9539.00
4102.00
Gross Profit (+)
$1745.00
1868.00
4411.00
4296.00
4551.00
18720.00
19496.00
19315.00
14689.00
13921.00
12947.00
9539.00
2612.00
Selling, General & Administrative (-)
$451.00
432.00
428.00
413.00
427.00
1576.00
1731.00
1783.00
1732.00
1714.00
1766.00
1390.00
355.00
Depreciation & Amortization (-)
$
473.00
549.00
651.00
3936.00
3828.00
4353.00
Non-recurring Operating Expenses (-)
$5.00
12.00
4.00
81.00
Operating Expenses (-)
$3705.00
3352.00
3852.00
4067.00
4350.00
15608.00
5556.00
6080.00
1701.00
1688.00
1565.00
1392.00
355.00
Costs & Expenses (Total) (-)
$5283.00
4411.00
3998.00
4274.00
4132.00
28200.00
29271.00
32143.00
30096.00
30240.00
33825.00
15761.00
4457.00
Operating Income/Loss (+)
$637.00
670.00
668.00
604.00
673.00
3112.00
4260.00
3898.00
4374.00
2823.00
2723.00
3315.00
1106.00
Non-operating Income/Expense (+)
$-228.00
-229.00
-239.00
-224.00
-226.00
-1123.00
-504.00
-1666.00
-389.00
-490.00
-515.00
-912.00
-303.00
Interest Expense (-)
$254.00
265.00
273.00
268.00
280.00
1536.00
1560.00
1554.00
1616.00
1635.00
1571.00
1447.00
412.00
Earnings before Tax (+)
$155.00
441.00
429.00
380.00
447.00
1989.00
3756.00
2232.00
3985.00
2333.00
2208.00
2403.00
803.00
Tax Expense (-)
$177.00
156.00
319.00
138.00
129.00
761.00
-125.00
120.00
774.00
373.00
370.00
349.00
134.00
Income/Loss (Continuing Operations) (+)
$260.00
285.00
110.00
242.00
318.00
1228.00
3881.00
2112.00
3211.00
1960.00
1838.00
2054.00
669.00
Income/Loss (Discontinued Operations) (+)
$-3.00
-322.00
9.00
117.00
Profit/Loss (+)
$
1204.00
3849.00
2084.00
3028.00
1954.00
1829.00
2171.00
669.00
Net Income/Loss (NCI) (-)
$
70.00
77.00
73.00
92.00
-9.00
123.00
1.00
Net Income/Loss (+)
$257.00
285.00
-212.00
242.00
327.00
1134.00
2694.00
768.00
1125.00
589.00
1706.00
2170.00
669.00
Preferred & Other Distributions (-)
$
8.00
Net Income/Loss (Common) (+)
$257.00
285.00
-212.00
242.00
327.00
1134.00
3770.00
2010.00
2936.00
1963.00
1706.00
2170.00
669.00
EPS (Basic)
$1.14
1.25
-0.86
0.96
1.29
1.23
3.98
2.08
3.02
2.01
1.74
2.20
0.67
EPS (Diluted)
$
1.24
-0.86
0.96
1.29
1.22
3.97
2.07
3.01
2.01
1.74
2.20
0.67
Weighted Avg Shares (Basic)
229.00
246.00
251.00
253.00
924.00
947.00
967.00
973.00
976.00
979.00
986.00
995.00
Weighted Avg Shares (Diluted)
230.00
246.00
252.00
254.00
927.00
949.00
969.00
974.00
977.00
980.00
987.00
996.00
Cash
$120.00
35.00
36.00
39.00
39.00
888.00
1105.00
1596.00
945.00
1101.00
1575.00
973.00
927.00
903.00
1209.00
18.57%33.89%Receivables
$929.00
837.00
835.00
782.00
839.00
5359.00
5533.00
5863.00
6175.00
4629.00
5126.00
3561.00
3361.00
3359.00
3585.00
11.31%6.73%Inventory
$132.00
156.00
148.00
141.00
141.00
1882.00
1963.00
2013.00
2355.00
2040.00
2194.00
1129.00
801.00
1052.00
788.00
16.21%-25.10%Prepaid Expenses (Current)
$74.00
59.00
40.00
72.00
1250.00
74.00
96.00
11.00
69.00
75.00
149.00
Other Assets (Current)
$184.00
162.00
339.00
122.00
111.00
3033.00
3233.00
3814.00
2466.00
4781.00
4993.00
1598.00
2688.00
2314.00
2630.00
25.04%13.66%Assets (Current)
$1439.00
1249.00
1398.00
1084.00
1202.00
12412.00
11834.00
13360.00
12037.00
12562.00
13957.00
7336.00
7777.00
7777.00
8212.00
15.10%5.59%Securities & Long-term Investments
$15.00
17.00
14.00
14.00
18.00
629.00
640.00
625.00
464.00
440.00
443.00
232.00
251.00
234.00
263.00
26.46%12.39%Property, Plant & Equipment (Net)
$8220.00
8846.00
9704.00
10506.00
11304.00
71555.00
74202.00
76707.00
80233.00
55857.00
53901.00
53146.00
73593.00
53733.00
74604.00
20.04%38.84%Accumulated Depreciation
$4635.00
4779.00
4863.00
4959.00
4914.00
26727.00
30318.00
15930.00
16384.00
Goodwill & Intangibles
$1407.00
1407.00
1407.00
1407.00
1406.00
6677.00
6677.00
6677.00
6677.00
6677.00
6677.00
6630.00
6630.00
6630.00
6630.00
13.79%0.00%Other Assets
$2196.00
4961.00
3024.00
3322.00
3002.00
23631.00
23347.00
22297.00
25566.00
27054.00
27717.00
12075.00
13295.00
12167.00
13502.00
16.19%10.97%Assets (Non-current)
$13471.00
14527.00
13450.00
14583.00
15124.00
102492.00
104866.00
106306.00
112940.00
116755.00
119056.00
88013.00
93769.00
89148.00
94999.00
17.55%6.56%Assets (Total)
$14910.00
15776.00
14848.00
15667.00
16326.00
114904.00
116700.00
119666.00
124977.00
129317.00
133013.00
95349.00
101546.00
96925.00
103211.00
17.34%6.49%Accounts Payable
$706.00
696.00
619.00
575.00
597.00
7052.00
5454.00
5950.00
5541.00
5640.00
6091.00
4608.00
4226.00
3945.00
3895.00
16.08%-1.27%Debt (Current)
$852.00
1542.00
1020.00
1170.00
1368.00
3697.00
3017.00
2063.00
6092.00
3850.00
6703.00
4388.00
3926.00
2662.00
2709.00
13.58%1.77%Other Liabilities (Current)
$303.00
289.00
674.00
320.00
343.00
2708.00
2325.00
3391.00
2552.00
3281.00
3317.00
1615.00
1439.00
1485.00
1371.00
13.86%-7.68%Liabilities (Current)
$1861.00
2527.00
2313.00
2065.00
2308.00
13457.00
10796.00
11404.00
14185.00
12771.00
16111.00
10611.00
9591.00
8092.00
7975.00
14.64%-1.45%Securities (Liabilities)
$
1.00
Debt (Non-current)
$4180.00
3986.00
4337.00
4670.00
4823.00
31575.00
32176.00
34075.00
31329.00
35093.00
35324.00
35272.00
39692.00
38732.00
42271.00
20.63%9.14%Other Liabilities
$4533.00
4817.00
3883.00
4610.00
4782.00
42260.00
41596.00
41117.00
44890.00
46585.00
46783.00
24722.00
26508.00
25035.00
26904.00
15.86%7.47%Liabilities (Non-current)
$8713.00
8803.00
8221.00
9280.00
9605.00
73835.00
73772.00
75192.00
76219.00
81678.00
82107.00
59994.00
66200.00
63767.00
69175.00
18.41%8.48%Liabilities (Total)
$10574.00
11330.00
10533.00
11345.00
11913.00
87292.00
84568.00
86596.00
90404.00
94449.00
98218.00
70605.00
75791.00
71859.00
77150.00
17.84%7.36%Treasury Stock
$
2327.00
123.00
123.00
123.00
123.00
123.00
123.00
123.00
123.00
123.00
0.00%Retained Earnings
$1072.00
1109.00
595.00
565.00
617.00
13017.00
14635.00
16103.00
17784.00
18191.00
18633.00
4597.00
5490.00
4907.00
5767.00
14.58%17.53%AOCI
$-63.00
-48.00
-34.00
-46.00
-36.00
-2660.00
-2487.00
-2995.00
-3194.00
-3400.00
-2750.00
-638.00
-726.00
-639.00
-712.00
-11.42%Shareholder's Equity
$4336.00
4446.00
4315.00
4322.00
4413.00
27612.00
32132.00
33070.00
34573.00
34868.00
34795.00
24744.00
25755.00
25066.00
26061.00
16.01%3.97%Liabilities & Equity
$14910.00
15776.00
14848.00
15667.00
16326.00
114904.00
116700.00
119666.00
124977.00
129317.00
133013.00
95349.00
101546.00
96925.00
103211.00
17.34%6.49%Net Income/Loss
$257.00
285.00
-212.00
242.00
327.00
1204.00
3849.00
2084.00
3028.00
1954.00
1829.00
2171.00
2328.00
669.00
658.00
20.16%-1.64%Depreciation & Amortization
$1.00
474.00
550.00
652.00
5576.00
5427.00
5971.00
5780.00
6527.00
7573.00
3533.00
3506.00
860.00
880.00
97.42%2.33%Increase/Decrease in Working Capital
$7.00
193.00
463.00
315.00
88.00
-45.00
1812.00
938.00
3403.00
4383.00
5566.00
-825.00
1127.00
343.00
630.00
52.72%83.67%Share-based Compensation
$-110.00
-200.00
-120.00
-397.00
Adjustments to Reconcile Net Income
$429.00
310.00
709.00
611.00
612.00
7241.00
3634.00
6642.00
3631.00
2281.00
1183.00
2699.00
2375.00
-185.00
334.00
15.33%280.54%Net Cash (Operating)
$686.00
592.00
497.00
854.00
939.00
8445.00
7480.00
8644.00
6659.00
4235.00
3012.00
4870.00
4703.00
484.00
992.00
17.40%104.96%Capital Expenditure
$941.00
1216.00
1310.00
1214.00
1176.00
22388.00
7573.00
7657.00
7236.00
8002.00
7989.00
7131.00
7383.00
1881.00
1765.00
18.73%-6.17%Net Cash (Investing)
$-747.00
-969.00
-411.00
-1226.00
-1161.00
-15503.00
-7934.00
-7834.00
-7260.00
-4336.00
-3317.00
-6990.00
-7375.00
-1871.00
-1767.00
5.56%Increase/Decrease in Debt
$363.00
507.00
-158.00
496.00
172.00
-462.00
-700.00
1116.00
1320.00
1728.00
3140.00
5022.00
4049.00
1788.00
1407.00
22.26%-21.31%Increase/Decrease in Equity
$-10.00
-9.00
301.00
116.00
47.00
55.00
150.00
105.00
112.00
45.00
80.00
599.00
181.00
10.00
11.00
10.00%Interest Expenses
$240.00
253.00
260.00
257.00
268.00
Dividends Paid
$244.00
248.00
270.00
272.00
275.00
1174.00
1236.00
1332.00
1408.00
1492.00
1497.00
1334.00
1433.00
358.00
381.00
15.90%6.42%Net Cash (Financing)
$149.00
293.00
-88.00
363.00
233.00
1191.00
717.00
-219.00
-58.00
145.00
758.00
1591.00
2683.00
1380.00
982.00
27.24%-28.84%Cash Taxes Paid
$-179.00
-63.00
228.00
-106.00
-13.00
Increase/Decrease in Cash
$88.00
-84.00
-271.00
-9.00
11.00
-5867.00
263.00
591.00
-659.00
44.00
453.00
-529.00
11.00
-7.00
207.00
-15.91%3057.14%Cash (Beginning)
$20.00
109.00
25.00
23.00
14.00
6502.00
635.00
1190.00
1781.00
1122.00
1166.00
1619.00
1090.00
1090.00
1101.00
39.54%1.01%Cash (Ending)
$109.00
25.00
23.00
14.00
25.00
635.00
898.00
1781.00
1122.00
1166.00
1619.00
1090.00
1101.00
1083.00
1308.00
21.25%20.78%NOPAT
$1364.41
432.99
312.98
384.65
478.78
1921.34
4118.23
3688.43
3524.45
2371.66
2266.70
2833.55
921.44
Gross Margin %
29.48%
36.76%
94.53%
84.70%
94.71%
59.69%
58.14%
53.68%
42.65%
42.14%
35.62%
50.00%
46.95%
Operating Margin %
10.76%
13.19%
14.32%
11.91%
14.01%
9.92%
12.70%
10.83%
12.70%
8.54%
7.49%
17.38%
19.88%
NOPAT Margin %
23.05%
8.52%
6.71%
7.58%
9.96%
6.13%
12.28%
10.25%
10.23%
7.18%
6.24%
14.85%
16.56%
Net Margin %
4.34%
5.61%
-4.54%
4.77%
6.81%
3.62%
8.03%
2.13%
3.27%
1.78%
4.69%
11.37%
12.03%
Tax Rate %
-114.19%
35.37%
53.15%
36.32%
28.86%
38.26%
3.33%
5.38%
19.42%
15.99%
16.76%
14.52%
16.69%
ROA
9.15%
2.74%
2.11%
2.46%
2.93%
1.67%
3.53%
3.08%
2.82%
1.83%
1.70%
2.97%
0.95%
ROE
31.47%
9.74%
7.25%
8.90%
10.85%
6.96%
12.82%
11.15%
10.19%
6.80%
6.51%
11.45%
3.68%
ROIC
13.61%
4.12%
2.79%
3.17%
3.67%
2.43%
4.97%
4.32%
3.93%
3.76%
3.67%
4.71%
1.52%
Asset Turnover
0.40
0.32
0.31
0.32
0.29
0.27
0.29
0.30
0.28
0.26
0.27
0.20
0.06
Inventory Turnover
31.63
20.60
1.72
2.21
-1.55
6.72
7.15
8.28
8.39
9.37
10.67
8.45
3.90
Equity Multiplier
3.44
3.55
3.44
3.62
3.70
4.16
3.63
3.62
3.61
3.71
3.82
3.85
3.94
3.87
3.96
Current Ratio
0.77
0.49
0.60
0.52
0.52
0.92
1.10
1.17
0.85
0.98
0.87
0.69
0.81
0.96
1.03
Quick Ratio
0.56
0.35
0.38
0.40
0.38
0.46
0.61
0.65
0.50
0.45
0.42
0.43
0.45
0.53
0.60
Debt/Equity Ratio
1.16
1.24
1.24
1.35
1.40
1.28
1.10
1.09
1.08
1.12
1.21
1.60
1.69
1.65
1.73
Interest Coverage Ratio
2.65
2.65
2.57
2.35
2.51
Working Capital/Sales
0.07
0.05
0.02
0.04
0.07
0.03
0.06
0.05
0.08
0.02
0.03
0.02
0.08
Dividend Payout Ratio %
17.88%
57.28%
86.27%
70.71%
57.44%
61.10%
30.01%
36.11%
39.95%
62.91%
66.04%
47.08%
38.85%
Total Payout
$131.00
3.00
387.00
-83.00
324.00
1581.00
1786.00
111.00
-24.00
-281.00
-1723.00
-4287.00
-2797.00
-1440.00
-1037.00
27.99%Payout Ratio %
9.60%
0.69%
123.65%
-21.58%
67.67%
82.29%
43.37%
3.01%
-0.68%
-11.85%
-76.01%
-151.29%
-156.28%