Financials Exelon Corporation

Equities

EXC

US30161N1019

Electric Utilities

Market Closed - Nasdaq 04:00:00 2024-05-24 pm EDT 5-day change 1st Jan Change
36.69 USD -0.92% Intraday chart for Exelon Corporation -4.90% +2.20%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 44,318 41,189 56,508 42,959 35,736 37,031 - -
Enterprise Value (EV) 1 81,530 79,859 97,743 82,036 79,299 83,177 85,988 89,331
P/E ratio 15.1 x 21 x 33.2 x 19.7 x 15.3 x 15.1 x 14.1 x 13.2 x
Yield 3.18% 3.62% 2.65% 3.12% 4.01% 4.12% 4.37% 4.66%
Capitalization / Revenue 1.29 x 1.25 x 1.55 x 2.25 x 1.64 x 1.7 x 1.66 x 1.6 x
EV / Revenue 2.37 x 2.42 x 2.69 x 4.3 x 3.65 x 3.82 x 3.86 x 3.86 x
EV / EBITDA 9.49 x 9.42 x 11.4 x 12.4 x 10.5 x 10.2 x 9.83 x 9.54 x
EV / FCF -138 x -20.9 x -19.7 x -36 x -29.3 x -82.1 x -65.2 x -132 x
FCF Yield -0.72% -4.77% -5.08% -2.78% -3.41% -1.22% -1.53% -0.76%
Price to Book 1.38 x 1.26 x 1.64 x - 1.39 x 1.38 x 1.32 x 1.28 x
Nbr of stocks (in thousands) 972,109 975,572 978,318 993,742 995,437 1,000,025 - -
Reference price 2 45.59 42.22 57.76 43.23 35.90 37.03 37.03 37.03
Announcement Date 2/11/20 2/24/21 2/25/22 2/14/23 2/21/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 34,438 33,039 36,347 19,078 21,727 21,746 22,297 23,122
EBITDA 1 8,594 8,476 8,558 6,642 7,529 8,188 8,750 9,362
EBIT 1 4,342 4,401 2,522 3,317 4,023 4,521 4,930 5,307
Operating Margin 12.61% 13.32% 6.94% 17.39% 18.52% 20.79% 22.11% 22.95%
Earnings before Tax (EBT) 1 3,985 2,333 2,208 2,403 2,702 2,790 3,091 3,320
Net income 1 2,936 1,963 1,706 2,170 2,328 2,432 2,638 2,826
Net margin 8.53% 5.94% 4.69% 11.37% 10.71% 11.18% 11.83% 12.22%
EPS 2 3.010 2.010 1.740 2.190 2.340 2.450 2.623 2.795
Free Cash Flow 1 -589 -3,813 -4,969 -2,277 -2,705 -1,013 -1,318 -676
FCF margin -1.71% -11.54% -13.67% -11.94% -12.45% -4.66% -5.91% -2.92%
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 1.450 1.530 1.530 1.350 1.440 1.525 1.619 1.727
Announcement Date 2/11/20 2/24/21 2/25/22 2/14/23 2/21/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 9,632 5,327 4,239 4,845 4,667 5,563 4,818 5,980 5,368 6,043 4,897 6,026 5,241 6,317 -
EBITDA 1 1,616 1,717 1,526 1,836 1,562 1,966 1,570 2,013 1,982 1,991 1,732 2,068 2,292 2,155 -
EBIT 1 567 900 696 1,011 710 1,106 704 1,123 1,092 1,114 865.5 1,255 1,175 1,263 -
Operating Margin 5.89% 16.9% 16.42% 20.87% 15.21% 19.88% 14.61% 18.78% 20.34% 18.43% 17.68% 20.83% 22.41% 20% -
Earnings before Tax (EBT) 1 533 699 511 768 426 803 416 767 717 721 551.5 971.3 622.5 - -
Net income 1 391 597 465 676 432 669 343 700 617 658 436.7 745.8 568.6 - -
Net margin 4.06% 11.21% 10.97% 13.95% 9.26% 12.03% 7.12% 11.71% 11.49% 10.89% 8.92% 12.38% 10.85% - -
EPS 2 0.4000 0.6100 0.4700 0.6800 0.4300 0.6700 0.3400 0.7000 0.6200 0.6600 0.4365 0.7318 0.5860 - -
Dividend per Share 2 0.3825 0.3375 0.3375 0.3375 0.3375 0.3600 0.3600 0.3600 0.3600 0.3800 0.3838 0.3838 0.3838 0.4175 0.4175
Announcement Date 2/25/22 5/9/22 8/3/22 11/3/22 2/14/23 5/3/23 8/2/23 11/2/23 2/21/24 5/2/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 37,212 38,670 41,235 39,077 43,563 46,146 48,957 52,300
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 4.33 x 4.562 x 4.818 x 5.883 x 5.786 x 5.636 x 5.595 x 5.586 x
Free Cash Flow 1 -589 -3,813 -4,969 -2,277 -2,705 -1,013 -1,318 -676
ROE (net income / shareholders' equity) 9.97% 9.72% 8.25% 7.34% 9.41% 9.22% 9.57% 9.69%
ROA (Net income/ Total Assets) 2.57% 2.48% 2.11% 1.9% 2.36% 2.3% 2.38% 2.47%
Assets 1 114,241 79,259 80,957 114,180 98,448 105,727 110,884 114,473
Book Value Per Share 2 33.10 33.40 35.10 - 25.80 26.90 28.00 29.00
Cash Flow per Share 2 6.840 4.330 3.070 - 4.720 5.250 6.500 7.740
Capex 1 7,248 8,048 7,981 7,147 7,408 7,356 8,132 8,596
Capex / Sales 21.05% 24.36% 21.96% 37.46% 34.1% 33.83% 36.47% 37.18%
Announcement Date 2/11/20 2/24/21 2/25/22 2/14/23 2/21/24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
B-
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
19
Last Close Price
37.03 USD
Average target price
39.44 USD
Spread / Average Target
+6.52%
Consensus
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  3. EXC Stock
  4. Financials Exelon Corporation