Exelon Corporation (EXC)
Return on equity (ROE)
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 2,329,000 | 2,144,000 | 2,120,000 | 2,242,000 | 2,170,000 | 2,129,000 | 2,656,000 | 2,592,000 | 1,706,000 | 1,674,000 | 972,000 | 1,092,000 | 1,963,000 | 2,566,000 | 2,837,000 | 2,800,000 | 3,125,000 | 2,845,000 | 2,806,000 | 2,861,000 |
| Total stockholders’ equity | US$ in thousands | 25,755,000 | 25,470,000 | 25,079,000 | 25,066,000 | 24,744,000 | 24,582,000 | 23,656,000 | 23,491,000 | 34,393,000 | 33,851,000 | 32,140,000 | 32,015,000 | 32,585,000 | 32,884,000 | 32,703,000 | 32,482,000 | 32,224,000 | 32,023,000 | 31,548,000 | 31,357,000 |
| ROE | 9.04% | 8.42% | 8.45% | 8.94% | 8.77% | 8.66% | 11.23% | 11.03% | 4.96% | 4.95% | 3.02% | 3.41% | 6.02% | 7.80% | 8.68% | 8.62% | 9.70% | 8.88% | 8.89% | 9.12% |
December 31, 2023 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $2,329,000K ÷ $25,755,000K
= 9.04%
Exelon Corp.'s Return on Equity (ROE) has been relatively stable over the past eight quarters. ROE measures the company's profitability relative to shareholder's equity. Exelon's ROE ranged from 8.42% to 9.04% in the recent quarters, indicating a consistent performance in generating profit from shareholders' equity.
Comparing the latest quarter Q4 2023 with the same quarter of the previous year Q4 2022, there has been a slight improvement in ROE from 8.77% to 9.04%. This suggests that Exelon has been able to utilize its shareholder's equity more efficiently in generating profits.
However, it is worth noting that in the first half of 2022, Exelon's ROE experienced a significant increase before declining in the subsequent quarters. The spike in Q2 and Q1 2022 to 11.23% and 11.03% respectively, might be attributed to specific events or strategies in those periods.
Overall, Exelon Corp. has maintained a stable ROE over the quarters, indicating a consistent performance in generating profits relative to shareholder's equity.
Peer comparison
Dec 31, 2023