Exelon (EXC) AI Stock Analysis

• Market Cap: $44.53B
• Dividend Yield: 3.58%
• Average Volume (3M): 5.54M
• Price to Earnings (P/E): 16.7
• Beta (1Y): -0.02
• Revenue Growth: 4.46%
• EPS Growth: 8.68%
• Country: US
• Employees: 20,000
• Sector: Utilities
• Sector Strength: 65
• Industry: Regulated Electric
• EPS (TTM): 0.39
• Shares Outstanding: 1,009,987,300
• 10 Day Avg. Volume: 6,038,657
• 30 Day Avg. Volume: 5,537,824
• PEG Ratio: 3.26
• Price to Book (P/B): 1.40
• Price to Sales (P/S): 1.64
• P/FCF Ratio: -24.71
• Enterprise Value/Market Cap: 2.06
• Enterprise Value/Revenue: 3.87
• Enterprise Value/Gross Profit: 9.25
• Enterprise Value/Ebitda: 10.66
• 1Y Price Target: $47.56
• Price Target Upside: 7.87% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 9

• Rating: 68 Neutral
• Price Target: $47.00 ▲(6.60% Upside)

Exelon's strong earnings call performance and fair valuation are significant positives, indicating robust growth prospects and income potential. However, financial performance concerns, particularly high leverage and negative free cash flow, weigh on the overall score. Technical analysis suggests a neutral market sentiment, adding to the balanced outlook.

Positive Factors

Revenue Growth

Exelon's robust revenue growth indicates effective market expansion and product demand, supporting long-term business sustainability.

Strategic Investments

Significant planned investments in infrastructure and transmission enhance Exelon's capacity to meet future energy demands and drive growth.

Operational Efficiency

Exelon's ability to exceed earnings expectations through cost management reflects strong operational efficiency and resilience.

Negative Factors

High Leverage

High leverage can increase financial risk, potentially limiting Exelon's flexibility in capital allocation and increasing vulnerability to market changes.

Negative Free Cash Flow

Negative free cash flow suggests liquidity challenges, which could impact Exelon's ability to fund operations and investments without external financing.

Decline in Quarterly Earnings

A decline in quarterly earnings may indicate challenges in maintaining profitability, impacting investor confidence and financial stability.

Exelon Business Overview & Revenue Model

Company Description

Exelon Corporation, a utility services holding company, engages in the energy generation, delivery, and marketing businesses in the United States and Canada. It owns nuclear, fossil, wind, hydroelectric, biomass, and solar generating facilities. The company also sells electricity to wholesale and retail customers; and sells natural gas, renewable energy, and other energy-related products and services. Additionally, it is involved in the purchase and regulated retail sale of electricity and natural gas; and transmission and distribution of electricity, and distribution of natural gas to retail customers. Further, the company offers support services, including legal, human resources, information technology, financial, supply management, accounting, engineering, customer operations, distribution and transmission planning, asset management, system operations, and power procurement services. It serves distribution utilities, municipalities, cooperatives, and financial institutions, as well as commercial, industrial, governmental, and residential customers. Exelon Corporation was incorporated in 1999 and is headquartered in Chicago, Illinois.

How the Company Makes Money

Exelon generates revenue primarily through the sale of electricity and natural gas to residential, commercial, and industrial customers. Its revenue model is driven by several key streams, including energy generation from its nuclear, fossil, and renewable energy plants, as well as utility services provided by its subsidiaries. Additionally, Exelon benefits from regulatory frameworks and market mechanisms that allow it to sell electricity in competitive markets. The company also engages in hedging and trading activities to optimize its revenue from wholesale energy markets. Strategic partnerships and investments in renewable energy projects further enhance its earnings potential, while ongoing infrastructure investments and efficiency improvements contribute to its operational profitability.

Exelon Financial Statement Overview

Summary

Exelon demonstrates strong operational performance with steady revenue and profit growth, supported by efficient cost management. However, challenges in cash flow management, particularly with sustaining positive free cash flow, are notable. The balance sheet remains solid, but leverage levels should be monitored for future stability.

Income Statement

Exelon's income statement shows a solid performance with a gross profit margin of 37.94% and a net profit margin of 11.43% for TTM (Trailing-Twelve-Months). The revenue growth rate of 2.92% from the previous year indicates steady growth. The EBIT margin at 19.97% and EBITDA margin at 36.28% suggest consistent operational efficiency.

Balance Sheet

The balance sheet reflects a stable financial position with a debt-to-equity ratio of 1.75, showing moderate leverage. The return on equity (ROE) is 9.81%, indicating satisfactory profitability on shareholder investments. The equity ratio stands at 25.22%, suggesting a balanced capital structure with a reasonable level of equity.

Cash Flow

Exelon's cash flow statement reveals challenges with free cash flow, which remains negative at -$1.499 billion, although operating cash flow to net income ratio is healthy at 2.13. The free cash flow to net income ratio is negative, highlighting potential cash management issues despite operational cash generation.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	23.77B	23.03B	21.73B	19.08B	17.94B	33.04B
Gross Profit	9.94B	9.40B	8.93B	8.03B	7.01B	9.53B
EBITDA	8.63B	8.18B	7.94B	7.17B	9.38B	10.49B
Net Income	2.65B	2.46B	2.33B	2.17B	1.71B	1.96B
Balance Sheet
Total Assets	111.15B	107.78B	101.86B	95.35B	133.01B	129.32B
Cash, Cash Equivalents and Short-Term Investments	724.00M	357.00M	445.00M	407.00M	672.00M	663.00M
Total Debt	48.84B	46.65B	44.01B	40.05B	34.54B	39.33B
Total Liabilities	83.53B	80.86B	76.10B	70.61B	98.22B	94.45B
Stockholders Equity	27.62B	26.92B	25.75B	24.74B	34.39B	32.59B
Cash Flow
Free Cash Flow	-1.76B	-1.53B	-2.71B	-2.28B	-4.97B	-3.81B
Operating Cash Flow	5.83B	5.57B	4.70B	4.87B	3.01B	4.24B
Investing Cash Flow	-7.54B	-7.04B	-7.38B	-6.99B	-3.32B	-4.34B
Financing Cash Flow	1.43B	1.31B	2.68B	1.59B	758.00M	145.00M

Exelon Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 44.09
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For EXC, the sentiment is Positive. The current price of 44.09 is above the 20-day moving average (MA) of 43.46, above the 50-day MA of 43.94, and above the 200-day MA of 42.32, indicating a bullish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 55.04 is Neutral, neither overbought nor oversold. The STOCH value of 71.50 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for EXC.

Exelon Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
D	75 Outperform	$51.49B	20.84	8.39%	4.43%	7.60%	55.99%
NEE	74 Outperform	$156.20B	26.43	11.65%	2.92%	18.80%	-6.73%
AEP	74 Outperform	$58.37B	15.99	12.22%	3.41%	5.84%	36.33%
DUK	71 Outperform	$95.66B	20.11	9.50%	3.41%	4.07%	9.94%
EXC	68 Neutral	$44.53B	16.74	9.87%	3.58%	4.46%	8.68%
SO	66 Neutral	$103.99B	24.41	12.59%	3.09%	8.53%	-7.53%
Sector *	66 Neutral	$17.65B	18.10	5.60%	3.62%	6.62%	11.55%

Exelon Corporate Events

Exelon Reports Q2 2025 Financial Results Amid Challenges

On July 31, 2025, Exelon Corporation reported its financial results for the second quarter of 2025, revealing a decrease in both GAAP net income and adjusted operating earnings compared to the same period in 2024. Despite challenges such as increased storm costs and higher interest expenses, Exelon maintained its full-year earnings guidance and highlighted strong operational performance and strategic investments in grid modernization and energy security. The company executed significant portions of its planned debt and equity financings for 2025 and 2026, while also declaring a regular quarterly dividend.