Exelon Corporation (EXC)
Debt-to-capital ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | 39,692,000 | 35,272,000 | 30,749,000 | 35,093,000 |
| Total stockholders’ equity | US$ in thousands | 26,921,000 | 25,755,000 | 24,744,000 | 34,393,000 | 32,585,000 |
| Debt-to-capital ratio | 0.00 | 0.61 | 0.59 | 0.47 | 0.52 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $26,921,000K)
= 0.00
The debt-to-capital ratio for Exelon Corporation has fluctuated over the years, indicating changes in the company's capital structure and leverage. In 2020, the ratio stood at 0.52, showing that 52% of the company's capital was funded through debt. By the end of 2021, the ratio decreased to 0.47, suggesting a reduction in the proportion of debt in the capital structure. However, in 2022 and 2023, the ratio increased to 0.59 and 0.61, respectively, indicating a higher reliance on debt financing. Interestingly, by the end of 2024, the ratio dropped significantly to 0.00, potentially signaling a significant shift in capital structure or debt repayment. It is essential for stakeholders to monitor these fluctuations in the debt-to-capital ratio to assess Exelon's financial risk and sustainability.
Peer comparison
Dec 31, 2024