Exelon Corporation (EXC)
Return on equity (ROE)
| 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 |
| Total stockholders’ equity | US$ in thousands | 25,755,000 | 24,744,000 | 34,393,000 | 32,585,000 | 32,224,000 |
| ROE | 9.04% | 8.77% | 4.96% | 6.02% | 9.40% |
December 31, 2023 calculation
ROE = Net income ÷ Total stockholders’ equity
= $2,328,000K ÷ $25,755,000K
= 9.04%
Exelon Corp.'s Return on Equity (ROE) has shown a fluctuating trend over the past five years, ranging from 4.96% in 2021 to 9.11% in 2019. The company's ROE for 2023 stands at 9.04%, which is above the previous year's figure of 8.77%. It indicates that Exelon has been able to generate a profit of 9.04% for each dollar of shareholders' equity in 2023.
While the 2023 ROE is relatively higher than 2022, it is essential to note that Exelon experienced a significant improvement in its ROE compared to 2021. The 2023 ROE of 9.04% suggests that Exelon is efficiently utilizing its equity to generate profits for its shareholders. Overall, the ROE trend indicates varying levels of profitability and efficiency in the company's operations over the past five years, with the latest year showing a modest improvement.
Peer comparison
Dec 31, 2023