Exelon (EXC)
Utilities · Regulated electric and natural gas utilities
A diversified utility company operating regulated electric and gas distribution networks across six mid-Atlantic and Midwest states, with significant rate-regulated returns and capital-intensive infrastructure assets.
What Exelon does
Exelon Corporation is a diversified utility holding company that operates regulated electric and natural gas distribution utilities serving millions of customers across the mid-Atlantic and Midwest regions. The company generates revenues primarily from electric utility operations ($6.2 billion in Q1 2026), natural gas distribution ($1.1 billion in Q1 2026), and alternative revenue programs. Exelon operates through multiple subsidiary utilities including ComEd, PECO, BGE, PHI, Pepco, DPL, and ACE, providing essential energy services under regulatory oversight with rate recovery mechanisms and FERC/state commission regulated returns on assets.
Themes: ["Regulated utilities / rate base growth"]
Fundamentals
- Price$46.38 as of 2026-07-09 close
- Market cap$47.3B as of 2026-07-10
- 1-year return+10.0% as of 2026-07-09 close
- P/E17.04 as of 2026-07-10
- Net margin+11.2% as of 2026-07-10
- Gross margin+40.4% as of 2026-07-10
- ROE+9.8% as of 2026-07-10
- Debt / equity1.75 as of 2026-07-10
- Revenue growth (YoY)+4.6% as of 2026-07-10
- Revenue CAGR (3y)+8.3% SEC XBRL
- Beta0.30 as of 2026-07-10
Dividend: yield +3.6%; 4-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Regulatory risk: outcomes of base rate cases and regulatory commission decisions directly impact revenue recovery, as evidenced by ongoing rate increase proceedings across subsidiary utilities (ComEd, PECO, BGE, PHI)"]
Competitors & peers
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.