Exelon (EXC) stock
Utilities · Electric Utilities
Exelon (EXC) is an Electric Utilities company in the Utilities sector, headquartered in Chicago, Illinois. As of October 23, 2026, EXC closed at $44.43, a market capitalization of $45.77 billion, the 251st largest company in the S&P 500. The stock trades at 16.3x trailing earnings and 14.6x forward earnings.
- 1-year total return: -3.2% (dividends reinvested)
- 5-year return: +7.7% a year
- 52-week range: $39.73 – $50.65
- Dividend yield: 3.78%, 4 straight years of increases
- FI Handbook report card: B- across 5 metrics
- 11th largest of 31 Utilities stocks in the S&P 500
EXC price chart
1Y price change: -6.7% (price only; total returns below include dividends)
| Total return | 1M | YTD | 1Y | 3Y | 5Y | 10Y | MAX |
|---|---|---|---|---|---|---|---|
| EXC | +9.2% | +4.8% | -3.2% | +9.0% | +7.7% | +10.5% | +10.2% |
Dividends reinvested. 3Y and longer are annualized; MAX is annualized since 1973.
EXC key statistics
- Market cap
- $45.8B
- #251 in S&P 500
- P/E (TTM)
- 16.3x
- Forward P/E
- 14.6x
- EPS (TTM)
- —
- Revenue (TTM)
- —
- Free cash flow
- -$1.9B
- Gross margin
- —
- Operating margin
- —
- Return on equity
- —
- Dividend yield
- 3.78%
- 52-week range
- $39.73 – $50.65
- Beta
- —
- Price / sales
- —
- EV / EBITDA
- —
- Debt / equity
- —
- Employees
- —
EXC report card
B-Ten fundamentals graded A to F against fixed thresholds. Not a buy or sell rating.
- Revenue growth——
- Gross margin——
- Operating margin——
- FCF margin——
- Return on equity——
- Net debt / EBITDA0.0xA
- Forward P/E14.6xA
- PEG ratio2.2xD
- Shareholder yield3.8%B
- Share count change / yr0.7%D
Exelon financials
Revenue went from $31.4B in fiscal 2016 to $24.3B in fiscal 2025, shrinking 2.8% a year.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $31.4B | $33.6B | $36.0B | $34.4B | $16.7B | $17.9B | $19.1B | $21.7B | $23.0B | $24.3B |
| Operating income | $3.2B | $4.4B | $3.9B | $4.4B | $2.2B | $2.7B | $3.3B | $4.0B | $4.3B | $5.1B |
| Net income | $1.2B | $3.9B | $2.1B | $3.0B | $2.0B | $1.8B | $2.2B | $2.3B | $2.5B | $2.8B |
| EPS (diluted) | $0.86 | $2.84 | $1.48 | $3.01 | $2.01 | $1.74 | — | — | — | — |
| Free cash flow | -$92.0M | -$104.0M | $1.1B | -$589.0M | -$3.8B | -$5.0B | -$2.3B | -$2.7B | -$1.5B | -$2.3B |
| Dividends paid | $1.2B | $1.2B | $1.3B | $1.4B | $1.5B | $1.5B | $1.3B | $1.4B | $1.5B | $1.6B |
| Diluted shares | 1.3B | 1.3B | 1.4B | 974.0M | 977.0M | 980.0M | 987.0M | 997.0M | 1.0B | 1.0B |
Source: SEC filings (10-K XBRL). EPS and share counts are split-adjusted.
What's priced into EXC?
A reverse DCF asks what growth the current price requires. With an enterprise value of $45.8B and -$1.9B of trailing free cash flow, Exelon needs to grow free cash flow at a rate outside our model for ten years (fading to 3.0% terminal growth) to earn a 10% annual return.
P/E ratio history
Current 25.5x vs. median 17.7x (10th–90th percentile 9.8x–26.5x).
A model, not a forecast or advice. Small changes in assumptions move the answer a lot.
EXC dividend
- Dividend yield
- 3.78%
- Annual dividend
- $1.68
- Years of increases
- 4
- 5-yr dividend growth
- 7.9%
- per year
- Payments per year
- 4
Regular dividends per share by calendar year; special dividends excluded. Current year omitted until complete.
EXC earnings
Next report: October 30, 2026. Last quarter's revenue was $6.0B (+10% year over year).
| Report date | EPS estimate | EPS actual | Surprise |
|---|---|---|---|
| Jul 30, 2026 | $0.45 | $0.43 | -3.9% |
| May 6, 2026 | $0.89 | $0.91 | +2.6% |
| Feb 12, 2026 | $0.55 | $0.59 | +8.0% |
| Nov 4, 2025 | $0.78 | $0.86 | +10.5% |
| Jul 31, 2025 | $0.37 | $0.39 | +6.1% |
| May 1, 2025 | $0.86 | $0.92 | +6.9% |
| Feb 12, 2025 | $0.59 | $0.64 | +8.0% |
| Oct 30, 2024 | $0.67 | $0.71 | +5.9% |
Stocks like EXC
| Name | Today | 1Y | Mkt cap | P/E | |
|---|---|---|---|---|---|
 SO Southern | -0.99% | -0% | $106.9B | 22.4x | Compare |
 DUK Duke Energy Corporation (Holdin | -0.33% | +2% | $97.4B | 18.8x | Compare |
 CEG Constellation Energy Corporatio | -0.69% | -30% | $89.8B | 24.8x | Compare |
 AEP American Electric Power | -0.73% | +15% | $70.6B | 22.5x | Compare |
 ETR Entergy | -0.79% | +15% | $51.3B | 27.5x | Compare |
 VST Vistra | -0.48% | -26% | $47.0B | 23.6x | Compare |
 WEC WEC Energy | -0.95% | -1% | $36.2B | 21.6x | Compare |
 PEG Public Service Enterprise | -0.96% | -10% | $35.9B | 17.9x | Compare |
EXC news
- Exelon (EXC) Expected to Beat Earnings Estimates: Should You Buy? · Oct 23, 2026
- What to Expect From Exelon’s Next Quarterly Earnings Report · Oct 19, 2026
- Are You Looking for a High-Growth Dividend Stock? · Oct 15, 2026
- The Bull Case For Exelon (EXC) Could Change Following A Data Center‑Driven Grid Rethink - Learn Why · Oct 15, 2026
- Exelon (EXC) Battery Storage Push Puts Fair Value Back In Focus · Oct 14, 2026
EXC stock FAQ
What is EXC's market cap?
Exelon's market capitalization is $45.77 billion as of October 23, 2026, ranking 251st in the S&P 500.
What is EXC's P/E ratio?
EXC trades at a trailing price-to-earnings ratio of 16.3x and a forward P/E of 14.6x. Its median P/E over the period we track is 17.7x.
Does EXC pay a dividend?
Yes. Exelon pays $1.68 per share a year, a 3.78% yield. It has raised its dividend 4 years in a row. Dividends grew 7.9% a year over the last five years.
How much has EXC stock returned?
Including reinvested dividends, EXC returned -3.2% over one year, +7.7% a year over five years, +10.5% a year over ten years through October 23, 2026.
When does EXC report earnings?
Exelon is expected to report earnings on October 30, 2026.
Sources: SEC EDGAR filings, Yahoo Finance market data (delayed), FI Handbook calculations. Last close October 23, 2026. Methodology