Exelon Corporation (EXC)
Net profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 2,328,000 | 2,170,000 | 1,706,000 | 1,963,000 | 3,028,000 |
| Revenue | US$ in thousands | 21,727,000 | 19,078,000 | 17,938,000 | 16,663,000 | 34,438,000 |
| Net profit margin | 10.71% | 11.37% | 9.51% | 11.78% | 8.79% |
December 31, 2023 calculation
Net profit margin = Net income ÷ Revenue
= $2,328,000K ÷ $21,727,000K
= 10.71%
Exelon Corp.'s net profit margin has displayed fluctuations over the past five years. In 2023, the company's net profit margin stood at 10.71%, showing a slight decrease from the previous year's margin of 11.37%. This reduction indicates that Exelon's bottom line profit relative to its revenue decreased slightly in 2023.
Comparing the 2023 margin to earlier years, we observe that it is notably higher than the margin in 2021 (4.69%) and 2020 (5.94%), reflecting an improvement in profitability in recent years. However, it remains lower than the margin reported in 2019 (8.53%).
Overall, the fluctuations in Exelon Corp.'s net profit margin suggest varying levels of efficiency in cost management and revenue generation over the analyzed period. The company may benefit from further monitoring and strategic adjustments to enhance its profitability in the future.
Peer comparison
Dec 31, 2023