Exelon Corporation (EXC)
Financial leverage ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 107,784,000 | 101,856,000 | 95,349,000 | 133,013,000 | 129,317,000 |
| Total stockholders’ equity | US$ in thousands | 26,921,000 | 25,755,000 | 24,744,000 | 34,393,000 | 32,585,000 |
| Financial leverage ratio | 4.00 | 3.95 | 3.85 | 3.87 | 3.97 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $107,784,000K ÷ $26,921,000K
= 4.00
The financial leverage ratio of Exelon Corporation has displayed a consistent trend over the past five years. The ratio decreased steadily from 3.97 in 2020 to 3.85 in 2022, indicating a decreasing dependence on debt to finance its operations. However, there was a slight increase in the financial leverage ratio to 4.00 in 2024. This may suggest that Exelon Corporation might have taken on more debt relative to its equity in that particular year. Overall, the company's financial leverage ratio remains within a reasonable range, reflecting a balance between debt and equity in its capital structure.
Peer comparison
Dec 31, 2024