Exelon Corporation
Exelon Corporation, a utility services holding company, engages in the energy distribution and transmission businesses in the United States. The company is involved in the purchase and regulated retail sale of electricity and natural gas; transmission and distribution of electricity; and distribution of natural gas to retail customers. It serves residential, commercial, industrial, and public aut… Read more
Exelon Corporation (EXC) - Net Assets
Latest net assets as of December 2025: $28.80 Billion USD
Based on the latest financial reports, Exelon Corporation (EXC) has net assets worth $28.80 Billion USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($116.57 Billion) and total liabilities ($87.77 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $28.80 Billion |
| % of Total Assets | 24.7% |
| Annual Growth Rate | 5.88% |
| 5-Year Change | -17.24% |
| 10-Year Change | 4.3% |
| Growth Volatility | 56.3 |
Exelon Corporation - Net Assets Trend (1994–2025)
This chart illustrates how Exelon Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Exelon Corporation (1994–2025)
The table below shows the annual net assets of Exelon Corporation from 1994 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $28.80 Billion | +6.97% |
| 2024-12-31 | $26.92 Billion | +4.53% |
| 2023-12-31 | $25.75 Billion | +4.09% |
| 2022-12-31 | $24.74 Billion | -28.89% |
| 2021-12-31 | $34.80 Billion | -0.21% |
| 2020-12-31 | $34.87 Billion | +0.85% |
| 2019-12-31 | $34.57 Billion | +4.62% |
| 2018-12-31 | $33.05 Billion | +2.67% |
| 2017-12-31 | $32.19 Billion | +16.57% |
| 2016-12-31 | $27.61 Billion | +1.17% |
| 2015-12-31 | $27.29 Billion | +13.10% |
| 2014-12-31 | $24.13 Billion | +5.20% |
| 2013-12-31 | $22.94 Billion | +5.57% |
| 2012-12-31 | $21.73 Billion | +51.03% |
| 2011-12-31 | $14.39 Billion | +6.08% |
| 2010-12-31 | $13.56 Billion | +7.30% |
| 2009-12-31 | $12.64 Billion | +14.42% |
| 2008-12-31 | $11.05 Billion | +8.98% |
| 2007-12-31 | $10.14 Billion | +1.30% |
| 2006-12-31 | $10.01 Billion | +9.65% |
| 2005-12-31 | $9.13 Billion | -4.25% |
| 2004-12-31 | $9.53 Billion | +12.09% |
| 2003-12-31 | $8.50 Billion | +8.75% |
| 2002-12-31 | $7.82 Billion | -4.99% |
| 2001-12-31 | $8.23 Billion | +14.07% |
| 2000-12-31 | $7.21 Billion | +306.94% |
| 1999-12-31 | $1.77 Billion | -51.25% |
| 1998-12-31 | $3.64 Billion | +9.91% |
| 1997-12-31 | $3.31 Billion | -36.85% |
| 1996-12-31 | $5.24 Billion | +2.24% |
| 1995-12-31 | $5.13 Billion | +4.74% |
| 1994-12-31 | $4.89 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Exelon Corporation's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 834.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $7.58 Billion | 26.31% |
| Common Stock | $22.11 Billion | 76.76% |
| Other Comprehensive Income | $-762.00 Million | -2.65% |
| Total Equity | $28.80 Billion | 100.00% |
Exelon Corporation Competitors by Market Cap
The table below lists competitors of Exelon Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Cardinal Health Inc
NYSE:CAH
|
$51.10 Billion |
|
Vistra Energy Corp
NYSE:VST
|
$51.19 Billion |
|
Compagnie de Saint-Gobain S.A
PINK:CODGF
|
$51.28 Billion |
|
L3Harris Technologies Inc
NYSE:LHX
|
$51.53 Billion |
|
Monolithic Power Systems Inc
NASDAQ:MPWR
|
$50.26 Billion |
|
Engie S.A.
PA:ENGI
|
$50.18 Billion |
|
Deutsche Bank Aktiengesellschaft
F:DBK
|
$50.07 Billion |
|
Discover Financial Services
NYSE:DFS
|
$50.05 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Exelon Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 26,921,000,000 to 28,798,000,000, a change of 1,877,000,000 (7.0%).
- Net income of 2,768,000,000 contributed positively to equity growth.
- Dividend payments of 1,617,000,000 reduced retained earnings.
- New share issuances of 691,000,000 increased equity.
- Other comprehensive income decreased equity by 42,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $2.77 Billion | +9.61% |
| Dividends Paid | $1.62 Billion | -5.61% |
| Share Issuances | $691.00 Million | +2.4% |
| Other Comprehensive Income | $-42.00 Million | -0.15% |
| Other Changes | $77.00 Million | +0.27% |
| Total Change | $- | 6.97% |
Book Value vs Market Value Analysis
This analysis compares Exelon Corporation's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.77x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 4.76x to 1.77x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1994-12-31 | $10.56 | $50.29 | x |
| 1995-12-31 | $10.86 | $50.29 | x |
| 1996-12-31 | $11.08 | $50.29 | x |
| 1997-12-31 | $6.64 | $50.29 | x |
| 1998-12-31 | $7.32 | $50.29 | x |
| 1999-12-31 | $4.52 | $50.29 | x |
| 2000-12-31 | $17.68 | $50.29 | x |
| 2001-12-31 | $12.76 | $50.29 | x |
| 2002-12-31 | $11.93 | $50.29 | x |
| 2003-12-31 | $12.94 | $50.29 | x |
| 2004-12-31 | $14.15 | $50.29 | x |
| 2005-12-31 | $13.45 | $50.29 | x |
| 2006-12-31 | $14.77 | $50.29 | x |
| 2007-12-31 | $15.00 | $50.29 | x |
| 2008-12-31 | $16.69 | $50.29 | x |
| 2009-12-31 | $19.09 | $50.29 | x |
| 2010-12-31 | $20.45 | $50.29 | x |
| 2011-12-31 | $21.63 | $50.29 | x |
| 2012-12-31 | $26.17 | $50.29 | x |
| 2013-12-31 | $26.43 | $50.29 | x |
| 2014-12-31 | $26.17 | $50.29 | x |
| 2015-12-31 | $28.88 | $50.29 | x |
| 2016-12-31 | $27.87 | $50.29 | x |
| 2017-12-31 | $31.50 | $50.29 | x |
| 2018-12-31 | $31.72 | $50.29 | x |
| 2019-12-31 | $33.08 | $50.29 | x |
| 2020-12-31 | $33.35 | $50.29 | x |
| 2021-12-31 | $35.09 | $50.29 | x |
| 2022-12-31 | $25.07 | $50.29 | x |
| 2023-12-31 | $25.83 | $50.29 | x |
| 2024-12-31 | $26.84 | $50.29 | x |
| 2025-12-31 | $28.46 | $50.29 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Exelon Corporation utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 9.61%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.41%
- • Asset Turnover: 0.21x
- • Equity Multiplier: 4.05x
- Recent ROE (9.61%) is below the historical average (10.92%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1994 | 9.13% | 10.56% | 0.27x | 3.22x | $-40.56 Million |
| 1995 | 12.64% | 14.56% | 0.28x | 3.10x | $127.36 Million |
| 1996 | 10.47% | 12.07% | 0.28x | 3.09x | $23.39 Million |
| 1997 | -50.63% | -32.42% | 0.37x | 4.18x | $-1.79 Billion |
| 1998 | 16.05% | 9.84% | 0.43x | 3.77x | $193.20 Million |
| 1999 | 32.85% | 10.71% | 0.42x | 7.38x | $405.10 Million |
| 2000 | 8.12% | 7.81% | 0.22x | 4.80x | $-135.50 Million |
| 2001 | 17.35% | 9.43% | 0.43x | 4.23x | $605.00 Million |
| 2002 | 18.60% | 9.63% | 0.39x | 4.89x | $665.80 Million |
| 2003 | 10.64% | 5.72% | 0.38x | 4.93x | $54.70 Million |
| 2004 | 19.64% | 12.84% | 0.34x | 4.50x | $915.10 Million |
| 2005 | 10.12% | 6.01% | 0.36x | 4.69x | $10.50 Million |
| 2006 | 15.91% | 10.17% | 0.35x | 4.43x | $591.30 Million |
| 2007 | 26.99% | 14.46% | 0.42x | 4.47x | $1.72 Billion |
| 2008 | 24.78% | 14.51% | 0.40x | 4.30x | $1.63 Billion |
| 2009 | 21.42% | 15.63% | 0.35x | 3.89x | $1.44 Billion |
| 2010 | 18.90% | 13.75% | 0.36x | 3.85x | $1.21 Billion |
| 2011 | 17.34% | 13.01% | 0.35x | 3.82x | $1.06 Billion |
| 2012 | 5.41% | 4.94% | 0.30x | 3.67x | $-983.10 Million |
| 2013 | 7.56% | 6.90% | 0.31x | 3.52x | $-554.20 Million |
| 2014 | 7.18% | 5.92% | 0.32x | 3.82x | $-637.80 Million |
| 2015 | 8.80% | 7.71% | 0.31x | 3.70x | $-310.30 Million |
| 2016 | 4.39% | 3.62% | 0.27x | 4.45x | $-1.45 Billion |
| 2017 | 12.61% | 11.24% | 0.29x | 3.91x | $780.40 Million |
| 2018 | 6.54% | 5.59% | 0.30x | 3.89x | $-1.06 Billion |
| 2019 | 9.11% | 8.53% | 0.28x | 3.88x | $-286.40 Million |
| 2020 | 6.02% | 5.94% | 0.26x | 3.97x | $-1.30 Billion |
| 2021 | 4.96% | 9.51% | 0.13x | 3.87x | $-1.73 Billion |
| 2022 | 8.77% | 11.37% | 0.20x | 3.85x | $-304.40 Million |
| 2023 | 9.04% | 10.71% | 0.21x | 3.95x | $-247.50 Million |
| 2024 | 9.14% | 10.68% | 0.21x | 4.00x | $-232.10 Million |
| 2025 | 9.61% | 11.41% | 0.21x | 4.05x | $-111.80 Million |
Industry Comparison
This section compares Exelon Corporation's net assets metrics with peer companies in the Utilities - Regulated Electric industry.
Industry Context
- Industry: Utilities - Regulated Electric
- Average net assets among peers: $30,028,837,500
- Average return on equity (ROE) among peers: 15.92%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Exelon Corporation (EXC) | $28.80 Billion | 9.13% | 3.05x | $50.26 Billion |
| Aboitiz Equity Ventures Inc (ABOIF) | $113.50 Billion | 21.11% | 0.96x | $1.55 Billion |
| Ameren Corp (AEE) | $4.55 Billion | 11.50% | 2.12x | $30.51 Billion |
| American Electric Power Co Inc (AEP) | $5.05 Billion | 9.89% | 2.11x | $71.56 Billion |
| Avangrid Inc (AGR) | $500.50 Million | 10.07% | 2.97x | $2.56 Billion |
| Central Puerto S.A. (CEPU) | $32.93 Billion | 53.20% | 0.74x | $2.49 Billion |
| CLP Holdings Ltd (CLPHY) | $126.71 Billion | 6.81% | 0.89x | $14.34 Billion |
| CMS Energy Corporation (CMS) | $4.48 Billion | 10.27% | 4.15x | $23.53 Billion |
| CenterPoint Energy Inc (CNP) | $10.04 Billion | 10.52% | 2.84x | $27.76 Billion |
| The Connecticut Light and Power Company (CNTHP) | $2.37 Billion | 9.12% | 2.52x | $512.98K |
| Caribbean Utilities Company Ltd (CUPUF) | $142.47 Million | 16.68% | 1.58x | $224.77 Million |