Exelon Corporation (EXC)
Pretax margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 2,667,000 | 2,702,000 | 2,519,000 | 1,744,000 | 1,956,000 |
| Revenue | US$ in thousands | 23,028,000 | 21,727,000 | 19,078,000 | 17,938,000 | 16,663,000 |
| Pretax margin | 11.58% | 12.44% | 13.20% | 9.72% | 11.74% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $2,667,000K ÷ $23,028,000K
= 11.58%
The pretax margin of Exelon Corporation fluctuated over the years, starting at 11.74% in December 31, 2020, declining to 9.72% in December 31, 2021, then improving to 13.20% by December 31, 2022. In the following years, it remained relatively stable at 12.44% in December 31, 2023, and 11.58% in December 31, 2024. This variability indicates changes in the company's ability to generate profits before accounting for taxes, with a notable improvement in 2022 compared to the previous year. However, the slight decline in the later years suggests the need to monitor and potentially optimize operational efficiency to sustain profitability levels.
Peer comparison
Dec 31, 2024