Exelon Corporation (EXC)
Pretax margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 2,668,000 | 2,689,000 | 2,699,000 | 2,621,000 | 2,703,000 | 2,411,000 | 2,412,000 | 2,507,000 | 2,519,000 | 2,447,000 | 2,917,000 | 2,810,000 | 1,745,000 | 1,603,000 | 1,082,000 | 1,418,000 | 1,956,000 | 2,855,000 | 3,082,000 | 2,970,000 |
| Revenue (ttm) | US$ in thousands | 23,029,000 | 22,925,000 | 22,751,000 | 22,208,000 | 21,728,000 | 21,027,000 | 19,892,000 | 19,313,000 | 19,077,000 | 18,835,000 | 18,853,000 | 18,634,000 | 17,939,000 | 22,017,000 | 26,007,000 | 29,309,000 | 33,424,000 | 33,265,000 | 33,341,000 | 33,708,000 |
| Pretax margin | 11.59% | 11.73% | 11.86% | 11.80% | 12.44% | 11.47% | 12.13% | 12.98% | 13.20% | 12.99% | 15.47% | 15.08% | 9.73% | 7.28% | 4.16% | 4.84% | 5.85% | 8.58% | 9.24% | 8.81% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $2,668,000K ÷ $23,029,000K
= 11.59%
Exelon Corporation's pretax margin has exhibited some fluctuations in recent quarters. The pretax margin, a key profitability ratio, measures the company's efficiency in generating profits before accounting for taxes as a percentage of its total revenue.
From March 31, 2020, to March 31, 2021, the pretax margin steadily decreased from 8.81% to 4.84%, indicating a decline in profitability. However, there was a notable improvement in the following quarters, with the margin increasing to 15.08% by March 31, 2022, and continuing to rise to 15.47% by June 30, 2022. This surge suggests that the company effectively managed its costs or increased its revenue during this period.
Between September 30, 2022, and December 31, 2024, the pretax margin remained relatively stable, hovering between 11.47% and 11.86%. This stability indicates that Exelon Corporation maintained a consistent level of profitability during these quarters despite potential economic fluctuations or industry challenges.
Overall, it is essential for stakeholders to closely monitor Exelon Corporation's pretax margin to assess the company's financial health and operational effectiveness over time. fluctuations in this ratio can provide valuable insights into the company's profitability trends and potential areas for improvement.
Peer comparison
Dec 31, 2024