Exelon Corporation (EXC)
Debt-to-equity 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-equity ratio | 0.00 | 1.54 | 1.43 | 0.89 | 1.08 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $26,921,000K
= 0.00
Exelon Corporation's debt-to-equity ratio has shown fluctuations over the past five years. As of December 31, 2020, the ratio stood at 1.08, indicating that the company had slightly more debt than equity. However, by December 31, 2021, the ratio had improved to 0.89, suggesting a reduction in debt relative to equity.
In the following years, the ratio increased significantly, reaching 1.43 by December 31, 2022, and further rising to 1.54 by December 31, 2023. These higher ratios imply that Exelon Corporation's level of debt had been on the rise compared to equity.
Notably, the debt-to-equity ratio dropped to 0.00 as of December 31, 2024. This sudden decrease could be due to various factors, such as significant shifts in the company's capital structure, debt repayments, or fluctuations in equity levels.
Overall, the trend in Exelon Corporation's debt-to-equity ratio indicates fluctuations in the balance between debt and equity financing over the five-year period, which may impact the company's financial stability and risk profile.
Peer comparison
Dec 31, 2024