Exelon annual debt-to-equity ratio
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2025
Exelon Debt-to-Equity Ratio Growth & History (EXC)
Exelon's debt-to-equity ratio was 1.73 for fiscal 2025.
View full Exelon company overviewExelon annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 1.73 | 0.00 | +0.20% |
| 2024 | 2024-12-31 | 1.73 | 0.02 | +1.36% |
| 2023 | 2023-12-31 | 1.70 | 0.09 | +5.54% |
| 2022 | 2022-12-31 | 1.62 | 0.61 | +61.18% |
| 2021 | 2021-12-31 | 1.00 | −0.23 | −18.86% |
| 2020 | 2020-12-31 | 1.24 | 0.03 | +2.20% |
| 2019 | 2019-12-31 | 1.21 | 0.03 | +2.80% |
| 2018 | 2018-12-31 | 1.18 | −0.00 | −0.14% |
| 2017 | 2017-12-31 | 1.18 | −0.19 | −13.77% |
| 2016 | 2016-12-31 | 1.37 | 0.37 | +37.13% |
| 2015 | 2015-12-31 | 1.00 | 0.05 | +4.81% |
| 2014 | 2014-12-31 | 0.95 | 0.09 | +10.88% |
| 2013 | 2013-12-31 | 0.86 | 0.01 | +1.07% |
| 2012 | 2012-12-31 | 0.85 | −0.04 | −4.67% |
| 2011 | 2011-12-31 | 0.89 | −0.01 | −1.28% |
| 2010 · Dec 31 | 2010-12-31 | 0.90 | −0.03 | −3.43% |
| 2009 | 2009-12-31 | 0.93 | −0.12 | −11.24% |
| 2008 | 2008-12-31 | 1.05 | — | — |
Exelon quarterly debt-to-equity ratio
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Q2.26
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 1.77 | 0.02 | +1.10% |
| Q1 2026 | 2026-03-31 | 1.73 | 0.00 | +0.02% |
| Q4 2025 | 2025-12-31 | 1.73 | 0.00 | +0.20% |
| Q3 2025 | 2025-09-30 | 1.76 | 0.05 | +2.67% |
| Q2 2025 | 2025-06-30 | 1.75 | 0.00 | +0.17% |
| Q1 2025 | 2025-03-31 | 1.73 | 0.01 | +0.49% |
| Q4 2024 | 2024-12-31 | 1.73 | 0.02 | +1.36% |
| Q3 2024 | 2024-09-30 | 1.72 | 0.04 | +2.11% |
| Q2 2024 | 2024-06-30 | 1.75 | 0.07 | +4.00% |
| Q1 2024 | 2024-03-31 | 1.73 | 0.07 | +4.51% |
| Q4 2023 | 2023-12-31 | 1.70 | 0.09 | +5.54% |
| Q3 2023 | 2023-09-30 | 1.68 | 0.12 | +7.94% |
| Q2 2023 | 2023-06-30 | 1.68 | 0.07 | +4.02% |
| Q1 2023 | 2023-03-31 | 1.65 | −0.01 | −0.69% |
| Q4 2022 | 2022-12-31 | 1.62 | 0.61 | +61.18% |
| Q3 2022 | 2022-09-30 | 1.56 | 0.34 | +27.58% |
| Q2 2022 | 2022-06-30 | 1.62 | 0.36 | +28.24% |
| Q1 2022 | 2022-03-31 | 1.66 | 0.36 | +27.80% |
| Q4 2021 | 2021-12-31 | 1.00 | −0.23 | −18.86% |
| Q3 2021 | 2021-09-30 | 1.22 | 0.04 | +3.51% |
| Q2 2021 | 2021-06-30 | 1.26 | 0.05 | +3.88% |
| Q1 2021 | 2021-03-31 | 1.30 | 0.08 | +6.63% |
| Q4 2020 | 2020-12-31 | 1.24 | 0.03 | +2.20% |
| Q3 2020 | 2020-09-30 | 1.18 | −0.04 | −2.99% |
| Q2 2020 | 2020-06-30 | 1.22 | −0.00 | −0.01% |
| Q1 2020 | 2020-03-31 | 1.22 | −0.00 | −0.27% |
| Q4 2019 | 2019-12-31 | 1.21 | 0.03 | +2.80% |
| Q3 2019 | 2019-09-30 | 1.22 | 0.05 | +4.37% |
| Q2 2019 | 2019-06-30 | 1.22 | 0.05 | +4.22% |
| Q1 2019 | 2019-03-31 | 1.22 | 0.04 | +3.43% |
| Q4 2018 | 2018-12-31 | 1.18 | −0.00 | −0.14% |
| Q3 2018 | 2018-09-30 | 1.16 | −0.10 | −8.02% |
| Q2 2018 | 2018-06-30 | 1.17 | −0.13 | −9.99% |
| Q1 2018 | 2018-03-31 | 1.18 | −0.20 | −14.57% |
| Q4 2017 | 2017-12-31 | 1.18 | −0.19 | −13.77% |
| Q3 2017 | 2017-09-30 | 1.27 | −0.09 | −6.94% |
| Q2 2017 | 2017-06-30 | 1.30 | −0.07 | −5.15% |
| Q1 2017 | 2017-03-31 | 1.38 | 0.02 | +1.71% |
| Q4 2016 | 2016-12-31 | 1.37 | 0.37 | +37.13% |
| Q3 2016 | 2016-09-30 | 1.36 | 0.35 | +34.26% |
| Q2 2016 | 2016-06-30 | 1.37 | 0.26 | +23.56% |
| Q1 2016 | 2016-03-31 | 1.36 | 0.40 | +42.17% |
| Q4 2015 | 2015-12-31 | 1.00 | 0.05 | +4.81% |
| Q3 2015 | 2015-09-30 | 1.01 | 0.09 | +9.54% |
| Q2 2015 | 2015-06-30 | 1.11 | 0.20 | +21.47% |
| Q1 2015 | 2015-03-31 | 0.96 | 0.09 | +10.72% |
| Q4 2014 | 2014-12-31 | 0.95 | 0.09 | +10.88% |
| Q3 2014 | 2014-09-30 | 0.93 | 0.04 | +5.00% |
| Q2 2014 | 2014-06-30 | 0.91 | 0.03 | +3.78% |
| Q1 2014 | 2014-03-31 | 0.86 | −0.01 | −1.56% |
| Q4 2013 | 2013-12-31 | 0.86 | 0.01 | +1.07% |
| Q3 2013 | 2013-09-30 | 0.88 | 0.05 | +5.87% |
| Q2 2013 | 2013-06-30 | 0.88 | 0.06 | +7.67% |
| Q1 2013 | 2013-03-31 | 0.88 | 0.81 | +1213.69% |
| Q4 2012 | 2012-12-31 | 0.85 | −0.04 | −4.67% |
| Q3 2012 | 2012-09-30 | 0.83 | −0.13 | −13.90% |
| Q2 2012 | 2012-06-30 | 0.81 | −0.10 | −11.25% |
| Q1 2012 | 2012-03-31 | 0.07 | −0.86 | −92.76% |
| Q4 2011 | 2011-12-31 | 0.89 | −0.01 | −1.28% |
| Q3 2011 | 2011-09-30 | 0.97 | 0.09 | +9.84% |
| Q2 2011 | 2011-06-30 | 0.92 | 0.06 | +6.96% |
| Q1 2011 | 2011-03-31 | 0.92 | 0.04 | +4.43% |
| Q4 2010 | 2010-12-31 | 0.90 | −0.03 | −3.43% |
| Q3 2010 | 2010-09-30 | 0.88 | — | — |
| Q2 2010 | 2010-06-30 | 0.86 | −0.07 | −7.59% |
| Q1 2010 | 2010-03-31 | 0.88 | — | — |
| Q4 2009 | 2009-12-31 | 0.93 | −0.12 | −11.24% |
| Q2 2009 | 2009-06-30 | 0.93 | — | — |
| Q4 2008 | 2008-12-31 | 1.05 | — | — |
Exelon debt-to-equity ratio trends
Over the last five fiscal years, Exelon's debt-to-equity ratio increased from 1.24 to 1.73, a change of 0.50. The latest reported quarter, Q2 2026, shows 1.77.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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