Exelon (EXC) revenue breakdown

Utilities · Utilities - Regulated Electric · Market cap $43.3B

By segment, Commonwealth Edison Co is the largest at 30% of fiscal 2025 revenue; Baltimore Gas and Electric Company grew fastest, 25% a year over 2 years.

By product, Electricity, US Regulated is the largest at 91% of fiscal 2025 revenue; Natural Gas, US Regulated grew fastest, 10% a year over 5 years.

Revenue by segment

Fiscal years, as Exelon reports them in its 10-K filings; fiscal 2025 total $24.3B.

Segments20162020202120222025Share
Commonwealth Edison Co——$6.4B$5.8B$7.3B 30%
Baltimore Gas and Electric Company——$3.3B$3.9B$5.2B 21%
PECO Energy Co——$3.2B$3.9B$4.7B 19%
Potomac Electric Power Company——$2.3B$2.5B$3.5B 14%
Delmarva Power & Light Company——$1.4B$1.6B$2.0B 8%
Atlantic City Electric Company——$1.4B$1.4B$1.7B 7%
Generation Total Consolidated Group—$17.6B——— —
Exelon Generation Co L L C—$17.6B——— —
Generation Reportable Segments Total$15.4B———— —
Generation Mid Atlantic$6.2B———— —
Baltimore Gas and Electric Company$3.2B———— —
PECO Energy Co$3.0B———— —
Generation New England$1.8B———— —
Generation New York$1.2B———— —
Generation Other Regions$969M———— —
Generation ERCOT$831M$933M——— —

Revenue by product

Fiscal years, as Exelon reports them in its 10-K filings; fiscal 2025 total $24.3B.

Products2018202020212022202320242025Share
Electricity, US Regulated—$15.2B$16.4B$17.1B$19.9B$21.2B$22.0B 91%
Natural Gas, US Regulated—$1.4B$1.5B$2.0B$1.8B$1.8B$2.3B 9%
Energy Commodities and Service$19.2B—————— —
Rate-regulated utility revenues$16.9B—————— —
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Questions

Where does Exelon make its money?

In fiscal 2025, by segment: Commonwealth Edison Co $7.3B, Baltimore Gas and Electric Company $5.2B, PECO Energy Co $4.7B, Potomac Electric Power Company $3.5B, Delmarva Power & Light Company $2.0B.

From Exelon's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.