EXELON CORP (EXC) Fundamental Analysis & Valuation
NASDAQ:EXC • US30161N1019
48.69 USD
-0.56 (-1.14%)
Last: Mar 5, 2026, 03:26 PM
This EXC fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
Taking everything into account, EXC scores 4 out of 10 in our fundamental rating. EXC was compared to 46 industry peers in the Electric Utilities industry. There are concerns on the financial health of EXC while its profitability can be described as average. EXC is quite expensive at the moment. It does show a decent growth rate. EXC also has an excellent dividend rating.
1. EXC Profitability Analysis
1.1 Basic Checks
- EXC had positive earnings in the past year.
- In the past year EXC had a positive cash flow from operations.
- Each year in the past 5 years EXC has been profitable.
- In the past 5 years EXC always reported a positive cash flow from operatings.
1.2 Ratios
- With a Return On Assets value of 2.37%, EXC is not doing good in the industry: 71.74% of the companies in the same industry are doing better.
- Looking at the Return On Equity, with a value of 9.61%, EXC is in line with its industry, outperforming 52.17% of the companies in the same industry.
- EXC has a Return On Invested Capital (4.25%) which is in line with its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for EXC is in line with the industry average of 4.48%.
- The last Return On Invested Capital (4.25%) for EXC is above the 3 year average (3.93%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.37% | ||
| ROE | 9.61% | ||
| ROIC | 4.25% |
ROA(3y)2.31%
ROA(5y)2.1%
ROE(3y)9.26%
ROE(5y)8.3%
ROIC(3y)3.93%
ROIC(5y)3.42%
1.3 Margins
- With a Profit Margin value of 11.41%, EXC is not doing good in the industry: 65.22% of the companies in the same industry are doing better.
- In the last couple of years the Profit Margin of EXC has grown nicely.
- EXC has a Operating Margin (21.21%) which is in line with its industry peers.
- EXC's Operating Margin has improved in the last couple of years.
- EXC has a Gross Margin (64.28%) which is in line with its industry peers.
- In the last couple of years the Gross Margin of EXC has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 21.21% | ||
| PM (TTM) | 11.41% | ||
| GM | 64.28% |
OM growth 3Y6.85%
OM growth 5Y20.15%
PM growth 3Y0.11%
PM growth 5Y13.94%
GM growth 3Y-1.36%
GM growth 5Y1.26%
2. EXC Health Analysis
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), EXC is destroying value.
- The number of shares outstanding for EXC has been increased compared to 1 year ago.
- EXC has more shares outstanding than it did 5 years ago.
- EXC has a better debt/assets ratio than last year.
2.2 Solvency
- Based on the Altman-Z score of 0.78, we must say that EXC is in the distress zone and has some risk of bankruptcy.
- EXC has a Altman-Z score (0.78) which is in line with its industry peers.
- A Debt/Equity ratio of 1.68 is on the high side and indicates that EXC has dependencies on debt financing.
- EXC has a Debt to Equity ratio of 1.68. This is in the lower half of the industry: EXC underperforms 63.04% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.68 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.78 |
ROIC/WACC0.68
WACC6.23%
2.3 Liquidity
- EXC has a Current Ratio of 0.92. This is a bad value and indicates that EXC is not financially healthy enough and could expect problems in meeting its short term obligations.
- EXC has a better Current ratio (0.92) than 63.04% of its industry peers.
- A Quick Ratio of 0.84 indicates that EXC may have some problems paying its short term obligations.
- Looking at the Quick ratio, with a value of 0.84, EXC is in the better half of the industry, outperforming 65.22% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.92 | ||
| Quick Ratio | 0.84 |
3. EXC Growth Analysis
3.1 Past
- The Earnings Per Share has grown by an nice 10.40% over the past year.
- Measured over the past years, EXC shows a decrease in Earnings Per Share. The EPS has been decreasing by -3.04% on average per year.
- EXC shows a small growth in Revenue. In the last year, the Revenue has grown by 5.34%.
- Measured over the past years, EXC shows a decrease in Revenue. The Revenue has been decreasing by -5.99% on average per year.
EPS 1Y (TTM)10.4%
EPS 3Y6.89%
EPS 5Y-3.04%
EPS Q2Q%-7.81%
Revenue 1Y (TTM)5.34%
Revenue growth 3Y8.34%
Revenue growth 5Y-5.99%
Sales Q2Q%-1.08%
3.2 Future
- Based on estimates for the next years, EXC will show a small growth in Earnings Per Share. The EPS will grow by 5.28% on average per year.
- Based on estimates for the next years, EXC will show a small growth in Revenue. The Revenue will grow by 3.21% on average per year.
EPS Next Y3.99%
EPS Next 2Y5.29%
EPS Next 3Y5.69%
EPS Next 5Y5.28%
Revenue Next Year3.91%
Revenue Next 2Y3.53%
Revenue Next 3Y2.99%
Revenue Next 5Y3.21%
3.3 Evolution
- When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
- The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. EXC Valuation Analysis
4.1 Price/Earnings Ratio
- Based on the Price/Earnings ratio of 17.64, the valuation of EXC can be described as rather expensive.
- The rest of the industry has a similar Price/Earnings ratio as EXC.
- When comparing the Price/Earnings ratio of EXC to the average of the S&P500 Index (27.03), we can say EXC is valued slightly cheaper.
- Based on the Price/Forward Earnings ratio of 16.96, the valuation of EXC can be described as correct.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of EXC is on the same level as its industry peers.
- EXC is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 25.11, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.64 | ||
| Fwd PE | 16.96 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, EXC is valued a bit cheaper than the industry average as 60.87% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 11.22 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
PEG (NY)4.42
PEG (5Y)N/A
EPS Next 2Y5.29%
EPS Next 3Y5.69%
5. EXC Dividend Analysis
5.1 Amount
- EXC has a Yearly Dividend Yield of 3.44%.
- EXC's Dividend Yield is a higher than the industry average which is at 3.15.
- EXC's Dividend Yield is rather good when compared to the S&P500 average which is at 1.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.44% |
5.2 History
- The dividend of EXC has a limited annual growth rate of 0.82%.
- EXC has been paying a dividend for at least 10 years, so it has a reliable track record.
- EXC has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)0.82%
Div Incr Years3
Div Non Decr Years10
5.3 Sustainability
- EXC pays out 58.42% of its income as dividend. This is a bit on the high side, but may be sustainable.
- EXC's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP58.42%
EPS Next 2Y5.29%
EPS Next 3Y5.69%
EXC Fundamentals: All Metrics, Ratios and Statistics
NASDAQ:EXC (3/5/2026, 3:26:10 PM)
48.69
-0.56 (-1.14%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryElectric Utilities
Earnings (Last)02-12 2026-02-12/bmo
Earnings (Next)04-29 2026-04-29/bmo
Inst Owners90.61%
Inst Owner Change3.69%
Ins Owners0.07%
Ins Owner Change5.84%
Market Cap49.19B
Revenue(TTM)24.26B
Net Income(TTM)2.77B
Analysts68.46
Price Target50.5 (3.72%)
Short Float %3.88%
Short Ratio4.84
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.44% |
Yearly Dividend1.59
Dividend Growth(5Y)0.82%
DP58.42%
Div Incr Years3
Div Non Decr Years10
Ex-Date03-02 2026-03-02 (0.42)
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)8.2%
Min EPS beat(2)6.79%
Max EPS beat(2)9.62%
EPS beat(4)4
Avg EPS beat(4)6.33%
Min EPS beat(4)3.88%
Max EPS beat(4)9.62%
EPS beat(8)7
Avg EPS beat(8)6.42%
EPS beat(12)10
Avg EPS beat(12)4.87%
EPS beat(16)11
Avg EPS beat(16)3.48%
Revenue beat(2)1
Avg Revenue beat(2)1.39%
Min Revenue beat(2)-0.48%
Max Revenue beat(2)3.25%
Revenue beat(4)2
Avg Revenue beat(4)0.9%
Min Revenue beat(4)-0.48%
Max Revenue beat(4)3.25%
Revenue beat(8)6
Avg Revenue beat(8)4.72%
Revenue beat(12)10
Avg Revenue beat(12)8.33%
Revenue beat(16)13
Avg Revenue beat(16)7.95%
PT rev (1m)0.54%
PT rev (3m)-0.3%
EPS NQ rev (1m)-0.38%
EPS NQ rev (3m)-0.07%
EPS NY rev (1m)0.08%
EPS NY rev (3m)0.44%
Revenue NQ rev (1m)0.57%
Revenue NQ rev (3m)-0.15%
Revenue NY rev (1m)0.43%
Revenue NY rev (3m)0.46%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.64 | ||
| Fwd PE | 16.96 | ||
| P/S | 2.03 | ||
| P/FCF | N/A | ||
| P/OCF | 7.87 | ||
| P/B | 1.71 | ||
| P/tB | 2.22 | ||
| EV/EBITDA | 11.22 |
EPS(TTM)2.76
EY5.67%
EPS(NY)2.87
Fwd EY5.89%
FCF(TTM)-2.25
FCFYN/A
OCF(TTM)6.19
OCFY12.71%
SpS24.01
BVpS28.5
TBVpS21.94
PEG (NY)4.42
PEG (5Y)N/A
Graham Number42.07
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.37% | ||
| ROE | 9.61% | ||
| ROCE | 4.84% | ||
| ROIC | 4.25% | ||
| ROICexc | 4.27% | ||
| ROICexgc | 4.55% | ||
| OM | 21.21% | ||
| PM (TTM) | 11.41% | ||
| GM | 64.28% | ||
| FCFM | N/A |
ROA(3y)2.31%
ROA(5y)2.1%
ROE(3y)9.26%
ROE(5y)8.3%
ROIC(3y)3.93%
ROIC(5y)3.42%
ROICexc(3y)3.95%
ROICexc(5y)3.44%
ROICexgc(3y)4.23%
ROICexgc(5y)3.69%
ROCE(3y)4.53%
ROCE(5y)3.96%
ROICexgc growth 3Y7.73%
ROICexgc growth 5Y15.41%
ROICexc growth 3Y8.27%
ROICexc growth 5Y15.33%
OM growth 3Y6.85%
OM growth 5Y20.15%
PM growth 3Y0.11%
PM growth 5Y13.94%
GM growth 3Y-1.36%
GM growth 5Y1.26%
F-Score6
Asset Turnover0.21
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.68 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 5.51 | ||
| Cap/Depr | 234.12% | ||
| Cap/Sales | 35.16% | ||
| Interest Coverage | 2.55 | ||
| Cash Conversion | 71.17% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.92 | ||
| Quick Ratio | 0.84 | ||
| Altman-Z | 0.78 |
F-Score6
WACC6.23%
ROIC/WACC0.68
Cap/Depr(3y)214.26%
Cap/Depr(5y)190.09%
Cap/Sales(3y)33.36%
Cap/Sales(5y)36.41%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)10.4%
EPS 3Y6.89%
EPS 5Y-3.04%
EPS Q2Q%-7.81%
EPS Next Y3.99%
EPS Next 2Y5.29%
EPS Next 3Y5.69%
EPS Next 5Y5.28%
Revenue 1Y (TTM)5.34%
Revenue growth 3Y8.34%
Revenue growth 5Y-5.99%
Sales Q2Q%-1.08%
Revenue Next Year3.91%
Revenue Next 2Y3.53%
Revenue Next 3Y2.99%
Revenue Next 5Y3.21%
EBIT growth 1Y19.4%
EBIT growth 3Y15.76%
EBIT growth 5Y12.95%
EBIT Next Year90.24%
EBIT Next 3Y30.39%
EBIT Next 5Y20.4%
FCF growth 1Y-48.89%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y12.3%
OCF growth 3Y8.7%
OCF growth 5Y8.11%
EXELON CORP / EXC FAQ
Can you provide the ChartMill fundamental rating for EXELON CORP?
ChartMill assigns a fundamental rating of 4 / 10 to EXC.
Can you provide the valuation status for EXELON CORP?
ChartMill assigns a valuation rating of 2 / 10 to EXELON CORP (EXC). This can be considered as Overvalued.
How profitable is EXELON CORP (EXC) stock?
EXELON CORP (EXC) has a profitability rating of 5 / 10.
How financially healthy is EXELON CORP?
The financial health rating of EXELON CORP (EXC) is 2 / 10.
Can you provide the dividend sustainability for EXC stock?
The dividend rating of EXELON CORP (EXC) is 7 / 10 and the dividend payout ratio is 58.42%.