EXC Exelon Corporation - Common Stock

NASDAQ · Utilities · View on SEC EDGAR ↗
$46.35
Price · Aug 18, 2026
Fundamentals as of Jul 30, 2026

About Exelon Corporation - Common Stock Company overview from Wikipedia

Exelon Corporation is an American public utility headquartered in Chicago, and incorporated in Pennsylvania. Exelon is the largest electric parent company in the United States by revenue and is the largest regulated electric utility in the United States with approximately 10 million customers. The company is ranked 187th on the Fortune 500.

Read more

Exelon Corporation is an American public utility headquartered in Chicago, and incorporated in Pennsylvania. Exelon is the largest electric parent company in the United States by revenue and is the largest regulated electric utility in the United States with approximately 10 million customers. The company is ranked 187th on the Fortune 500.

Exelon owns six regulated utilities: Atlantic City Electric (New Jersey), Commonwealth Edison (Illinois), PECO Energy Company (Pennsylvania), Baltimore Gas and Electric (Maryland), Delmarva Power and Light (Delaware and Maryland), and Pepco (Washington, DC and Maryland).

Operating subsidiaries

Atlantic City Electric is a regulated utility in New Jersey with 545,000 electric customers.

Baltimore Gas and Electric (BGE) is a regulated utility in Maryland with 1.25 million+ electric customers and 650,000+ natural gas customers.

Commonwealth Edison (ComEd) is a regulated utility in Illinois with 4 million electric customers.

Delmarva Power is a regulated utility in Delaware and the Eastern Shore of Maryland with 515,000 electric customers over 5,000 square miles of service territory. They provide natural gas to 130,000 customers in northern Delaware.

PECO Energy Company (PECO) is regulated utility in eastern Pennsylvania with 1.6 million electric customers and more than 500,000 natural gas customers.

Pepco (Potomac Electric Power Company) is a regulated utility in Washington, D.C. that serves 842,000 electric customers in the district and parts of Maryland.

History

Exelon Corporation was created in October 2000 by the merger between PECO Energy Company, formed in 1902, and Unicom Corporation, the parent of Commonwealth Edison, formed in 1907. Unicom was based in Chicago and the city became the headquarters of the new entity. The merger was overseen by the CEO of Unicom, John Rowe, who joined the corporation in 1998 and led the newly formed Exelon until 2012, becoming the nation's longest-serving utility executive.

On July 31, 2005, the Federal Energy Regulatory Commission approved the merger of Exelon and Public Service Enterprise Group, a New Jersey utility; however, after 18 months, the two companies terminated the agreement due to pressure put on the New Jersey Board of Public Utilities by public interest groups, including New Jersey Citizen Action. On March 12, 2012, Exelon acquired Constellation Energy, with the combined company owning more than 34 gigawatts of power generation (55% nuclear, 24% natural gas, 8% renewable including hydro, 7% oil and 6% coal).

Exelon announced the proposed purchase of Pepco Holdings on April 30, 2014, for $6.8 billion in an all-cash transaction. The merger faced stiff opposition from community groups and D.C. Mayor Muriel Bowser. The merger was originally rejected by the District of Columbia Public Service Commission in August 2015, though it was approved by other federal and state regulators. The companies appealed the decision.

On March 23, 2016, the merger was finally approved by the District of Columbia Public Service Commission after the company made concessions and the merger was completed, making Exelon the largest regulated utility in the United States by customer count and total revenue.

On February 2, 2022, Exelon completed the corporate spin-off of Constellation Energy, its energy generation business. Constellation was the largest operator of nuclear power plants in the United States and the largest non-governmental operator of nuclear power plants in the world. It is also the largest competitive U.S. power generator with approximately 35,500 megawatts of owned capacity. It had full or majority ownership of 23 nuclear reactors in 14 nuclear power plants.

Controversies and legal issues

PECO Energy: Nuclear power protests and solar energy expansion

In the 1970s, activists delayed the opening of nuclear power plants by PECO Energy. In 2015, Earth Quaker Action Team began a campaign to pressure PECO to expand the solar power it purchases, and to purchase it locally to create jobs.

Pollution, security incidents

In 2005, Exelon was required to pay a $602,000 fine for exceeding the permitted sulfur dioxide emission limit from April to October 2004 at its Cromby Generating Station in Chester County, Pennsylvania. Exelon and Illinois state officials waited for four years until 2006 before disclosing that Exelon's Braidwood Nuclear Generating Station, a nuclear plant 60 miles southwest of Chicago, had spilled millions of gallons of water containing tritium, a radioactive form of hydrogen, multiple times over a decade. Exelon officials eventually apologized and said the risks from the leak were "minimal", with tritium levels in surrounding wells all found to be below regulatory limits. In 2009, the Nuclear Regulatory Commission announced its plan for a $65,000 fine against Exelon for permitting its contracted security guards that were guarding its Peach Bottom Nuclear Generating Station, a two-reactor nuclear plant located in Delta, Pennsylvania, to sleep on the job. The incidents did not come to light until a videotape of the security guards was leaked to news media. As a result, Exelon terminated the security contract of the Wackenhut security firm that had been involved and now operates its own in-house nuclear security force.

Political activity

Exelon makes political contributions via its political action committee (PAC), EXELONPAC. In 2021 and 2022, it contributed $323,500 to federal candidates, including $202,500 to Democrats and $121,000 to Republicans. In 2022, it spent $2,878,000 on lobbying.

== Finances ==

Source: Wikipedia, CC BY-SA 4.0 · View on Wikipedia ↗

Wikidata ↗

EXC Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range

Price
$46.35
Market Cap
$47.42B
P/E (TTM)
16.3
EPS (TTM)
Revenue (TTM)
$24.26B
Div Yield
3.4%
ROE
9.9%
Debt/Equity
0.1
52W Range
$43 – $51

EXC Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view

10-Year Performance Revenue, net income, margins and EPS trends

Revenue & Net Income $24.26B
10-point trend, -22.7%
2016-12-31 2025-12-31
EPS
6-point trend, +43.8%
2016-12-31 2021-12-31
Free Cash Flow $-2.27B
10-point trend, -2006.5%
2016-12-31 2025-12-31
Margins 11.4%

Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?

Metric
5Y trend
EXC
Peer Median
P/E (TTM)
5-point trend, +2.1%
16.3
21.8
P/S (TTM)
5-point trend, -18.2%
2.0
1.9
P/B
5-point trend, +32.0%
1.6
1.7
EV / EBITDA
5-point trend, -43.2%
5.6
Price / FCF
5-point trend, -141.5%
-20.8

Profitability Gross, operating and net margins; ROE, ROA, ROIC

Metric
5Y trend
EXC
Peer Median
Operating Margin
5-point trend, +183.3%
21.2%
Net Profit Margin
5-point trend, +126.8%
11.4%
13.3%
ROA
5-point trend, +77.7%
2.5%
2.6%
ROE
5-point trend, +82.1%
9.9%
9.5%
ROIC
5-point trend, +369.0%
13.9%

Financial Health Debt, liquidity, solvency — balance sheet strength

Metric
5Y trend
EXC
Peer Median
Debt / Equity
5-point trend, -93.5%
0.1
Current Ratio
5-point trend, +6.7%
0.9
0.7
Quick Ratio
5-point trend, +29.6%
0.4

Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR

Metric
5Y trend
EXC
Peer Median
Revenue YoY
5-point trend, +35.2%
5.3%
Revenue CAGR 3Y
5-point trend, +35.2%
8.3%
Revenue CAGR 5Y
5-point trend, +35.2%
7.8%
Net Income YoY
5-point trend, +51.3%
12.5%

Per Share Metrics EPS, book value per share, cash flow per share, dividend per share

Metric
5Y trend
EXC
Peer Median

Capital Efficiency Asset turnover, inventory turnover, receivables turnover

Metric
5Y trend
EXC
Peer Median
Payout Ratio
5-point trend, -28.6%
58.4%

Dividends Yield, payout ratio, dividend history, 5Y CAGR

Dividend Yield
3.4%
Payout Ratio
58.4%
5Y Div CAGR
Ex-dateAmount
June 4, 2026$0.4200
March 2, 2026$0.4200
Nov. 10, 2025$0.4000
Aug. 11, 2025$0.4000
May 12, 2025$0.4000
Feb. 24, 2025$0.4000
Nov. 8, 2024$0.3800
Aug. 12, 2024$0.3800
May 10, 2024$0.3800
March 1, 2024$0.3800
Nov. 14, 2023$0.3600
Aug. 14, 2023$0.3600
May 12, 2023$0.3600
Feb. 24, 2023$0.3600
Nov. 14, 2022$0.3380
Aug. 12, 2022$0.3380
May 12, 2022$0.3380
Feb. 24, 2022$0.3380
Nov. 12, 2021$0.2732
Aug. 12, 2021$0.2732

EXC Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside

HOLD 27 analysts
  • Strong Buy 3 11.1%
  • Buy 4 14.8%
  • Hold 18 66.7%
  • Sell 2 7.4%
  • Strong Sell 0 0.0%

12-Month Price Target

17 analysts · 2026-08-18
Median target $49.00 +5.7%
Mean target $49.18 +6.1%

Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date

Avg Surprise
0.03%
Period EPS Actual EPS Est Surprise
June 30, 2026 $0.43 $0.44 -0.01%
March 31, 2026 $0.91 $0.89 0.02%
Dec. 31, 2025 $0.59 $0.55 0.04%
Sept. 30, 2025 $0.86 $0.78 0.08%
June 30, 2025 $0.39 $0.37 0.02%
March 31, 2025 $0.92 $0.89 0.03%

Peer comparison (GICS sub-industry) Key metrics vs sector peers

Ticker Market Cap P/E Rev YoY Net Margin ROE Gross Margin
EXC $44.59B 15.3 5.3% 11.4% 9.9%
CEG $110.22B 47.7 8.3% 9.1% 16.8%
DUK $91.19B 18.6 5.6% 15.7% 9.7%
AEP 17.3 10.9% 16.9% 12.7%
ETR 23.6 9.0% 13.7% 11.1%
XEL $46.06B 21.6 9.4%
PCG $35.32B 13.6 2.1% 10.8% 8.6%
EIX $23.09B 5.2 9.8% 23.1% 26.9%
FE $25.87B 25.4 12.0% 6.8% 8.2%
ES $25.28B 14.8 13.8% 12.6% 10.7%
PPL

Full Fundamentals All metrics by year — income statement, balance sheet, cash flow

Income Statement 14
Annual Income Statement data for EXC
Metric Trend 202520242023202220212020201920182017201620152014
Revenue 12-point trend, -11.6% $24.26B $23.03B $21.73B $19.08B $17.94B $16.66B $34.44B $35.98B $33.56B $31.37B $29.45B $27.43B
Operating Expenses 12-point trend, -23.7% $19.11B $18.72B $17.71B $15.76B $15.26B $14.48B $30.10B $32.14B $29.62B $28.11B $25.06B $25.04B
Operating Income 12-point trend, +66.3% $5.15B $4.32B $4.02B $3.31B $2.68B $2.19B $4.37B $3.89B $4.39B $3.21B $4.41B $3.10B
Interest Expense 7-point trend, +57.2% · · · · · $1.61B $1.59B $1.53B $1.52B $1.50B $992M $1.02B
Interest Income 5-point trend, +4200.0% · · · · · · · $43M $8M $17M $8M $1M
Other Non-op 12-point trend, -40.7% $270M $262M $408M $535M $261M $208M $1.23B $-112M $947M $297M $-46M $455M
Pretax Income 12-point trend, +32.4% $3.29B $2.67B $2.70B $2.40B $1.65B $1.09B $3.98B $2.23B $3.77B $1.97B $3.33B $2.49B
Income Tax 12-point trend, -21.5% $523M $207M $374M $349M $38M $-7M $774M $118M $-126M $753M $1.07B $666M
Net Income 12-point trend, +52.1% $2.77B $2.46B $2.33B $2.17B $1.83B $1.95B $3.03B $2.08B $3.87B $1.20B $2.25B $1.82B
EPS (Basic) 7-point trend, -31.8% · · · · $1.74 $2.01 $3.02 $2.07 $3.99 $1.21 $2.55 ·
EPS (Diluted) 8-point trend, -7.4% · · · · $1.74 $2.01 $3.01 $2.07 $3.98 $1.21 $2.54 $1.88
Shares (Basic) 12-point trend, +17.6% 1,011,000,000 1,003,000,000 996,000,000 986,000,000 979,000,000 976,000,000 973,000,000 967,000,000 947,000,000 924,000,000 890,000,000 860,000,000
Shares (Diluted) 12-point trend, +17.1% 1,012,000,000 1,003,000,000 997,000,000 987,000,000 980,000,000 977,000,000 974,000,000 969,000,000 949,000,000 927,000,000 893,000,000 864,000,000
EBITDA 12-point trend, +62.5% $8.79B $7.92B $7.53B $6.64B $8.76B $7.84B $8.63B $8.25B $8.09B $7.05B $6.86B $5.41B
Balance Sheet 27
Annual Balance Sheet data for EXC
Metric Trend 202520242023202220212020201920182017201620152014
Cash & Equivalents 12-point trend, -66.7% $626M $357M $445M $407M $672M $432M $587M $1.35B $898M $635M $6.50B $1.88B
Receivables 12-point trend, -5.3% $3.30B $2.74B $2.34B $2.22B $1.87B $3.23B $4.59B $4.61B $4.45B $4.16B $3.19B $3.48B
Other Current Assets 12-point trend, -39.5% $523M $445M $370M $406M $387M $1.65B $905M $1.24B $1.26B $930M $752M $865M
Current Assets 12-point trend, -19.5% $9.55B $8.38B $8.09B $7.34B $13.96B $12.56B $12.04B $13.33B $11.90B $12.41B $15.33B $11.85B
PP&E (Net) 12-point trend, +61.6% $84.32B $78.18B $73.59B $69.08B $64.56B $82.58B $80.23B $76.71B $74.20B $71.56B $57.44B $52.17B
PP&E (Gross) 12-point trend, +56.0% $104.40B $96.63B $90.84B $85.01B $78.99B $109.31B $104.21B $99.61B $95.27B $90.72B $73.81B $66.91B
Accum. Depreciation 12-point trend, +36.2% $20.08B $18.45B $17.25B $15.93B $14.43B $26.73B $23.98B $22.90B $21.06B $19.17B $16.38B $14.74B
Goodwill 12-point trend, +148.1% $6.63B $6.63B $6.63B $6.63B $6.63B $6.68B $6.68B $6.68B $6.68B $6.68B $2.67B $2.67B
Intangibles 9-point trend, -103.4% · · · $-25M $-207M $172M $174M $118M $-27M $-258M $755M $738M
Other Non-current Assets 12-point trend, +94.5% $1.79B $1.56B $1.36B $1.14B $885M $3.28B $3.20B $1.57B $1.33B $1.47B $1.45B $923M
Total Assets 12-point trend, +34.9% $116.57B $107.78B $101.86B $95.35B $133.01B $129.32B $124.98B $119.63B $116.77B $114.90B $95.38B $86.42B
Accounts Payable 9-point trend, +11.0% · · · $3.38B $2.38B $3.56B $3.56B $3.80B $3.53B $3.44B $2.88B $3.05B
Accrued Liabilities 12-point trend, +2.8% $1.58B $1.47B $1.38B $1.23B $1.14B $2.08B $1.98B $2.11B $1.84B $3.46B $2.38B $1.54B
Short-term Debt 12-point trend, +33.0% $612M $1.86B $2.52B $2.59B $1.25B $2.03B $1.37B $714M $929M $1.27B $533M $460M
Current Liabilities 12-point trend, +17.9% $10.33B $9.61B $9.90B $10.61B $16.11B $12.77B $14.19B $11.40B $10.80B $13.46B $9.12B $8.76B
Deferred Tax · · · · · · · · · · $13.78B ·
Other Non-current Liabilities 12-point trend, +1.0% $2.17B $2.28B $2.09B $1.97B $1.57B $2.94B $3.06B $2.13B $2.10B $1.83B $1.49B $2.15B
Total Liabilities 12-point trend, +40.9% $87.77B $80.86B $76.10B $70.61B $98.22B $94.45B $90.40B $86.59B $84.58B $87.29B $68.06B $62.28B
Long-term Debt 12-point trend, +130.9% $49.43B $44.67B $41.28B $37.17B $38.76B $36.91B $35.95B $35.30B $34.05B $33.96B $25.76B $21.40B
Total Debt 12-point trend, -89.5% $2.28B $3.31B $3.93B $39.66B $42.03B $35.30B $37.41B $36.14B $35.19B $35.27B $25.68B $21.62B
Common Stock 12-point trend, +32.3% $22.11B $21.34B $21.11B $20.91B $20.32B $19.37B $19.27B $19.12B $18.96B $18.79B $18.68B $16.71B
Retained Earnings 12-point trend, -30.5% $7.58B $6.43B $5.49B $4.60B $16.94B $16.73B $16.27B $14.74B $14.08B $12.03B $12.07B $10.91B
Treasury Stock 12-point trend, -94.7% $123M $123M $123M $123M $123M $123M $123M $123M $123M $2.33B $2.33B $2.33B
AOCI 12-point trend, +71.6% $-762M $-720M $-726M $-638M $-2.75B $-3.40B $-3.19B $-3.00B $-3.03B $-2.66B $-2.62B $-2.68B
Stockholders' Equity 12-point trend, +27.4% $28.80B $26.92B $25.75B $24.74B $34.39B $32.59B $32.22B $30.74B $29.90B $25.84B $25.79B $22.61B
Liabilities + Equity 12-point trend, +34.9% $116.57B $107.78B $101.86B $95.35B $133.01B $129.32B $124.98B $119.63B $116.77B $114.90B $95.38B $86.42B
Shares Outstanding 12-point trend, +19.0% 1,023,000,000 1,005,000,000 999,000,000 994,000,000 979,000,000 976,000,000 973,000,000 968,000,000 963,335,888 924,035,059 919,924,742 859,833,343
Cash Flow 17
Annual Cash Flow data for EXC
Metric Trend 202520242023202220212020201920182017201620152014
D&A 12-point trend, +57.4% $3.64B $3.60B $3.51B $3.53B $7.57B $2.89B $4.25B $4.35B $3.83B $3.94B $2.45B $2.31B
Stock-based Comp 5-point trend, -17.6% · · · · · · · $75M $88M $111M $97M $91M
Amort. of Intangibles 12-point trend, -98.9% $2M $1M $1M $182M $83M $-98M $-28M $-109M $-237M $-336M $76M $179M
Other Non-cash 12-point trend, -167.7% $-157M $-487M $-1.13B $-626M $-4.85B $-2.73B $-621M $2.13B $-285M $3.19B $2.82B $232M
Operating Cash Flow 12-point trend, +40.3% $6.25B $5.57B $4.70B $4.87B $3.01B $4.24B $6.66B $8.64B $7.48B $8.46B $7.62B $4.46B
CapEx 12-point trend, +40.3% $8.53B $7.10B $7.41B $7.15B $7.98B $8.05B $7.25B $7.59B $7.58B $8.55B $7.62B $6.08B
Investing Cash Flow 12-point trend, -85.4% $-8.53B $-7.04B $-7.38B $-6.99B $-3.32B $-4.34B $-7.26B $-7.83B $-7.97B $-15.45B $-7.82B $-4.60B
Debt Issued 12-point trend, +75.4% $6.08B $4.97B $5.83B $6.31B $3.48B $7.51B $1.95B $3.12B $3.47B $4.72B $6.71B $3.46B
Net Debt Issued 12-point trend, +148.4% $4.76B $3.42B $4.11B $4.24B $1.84B $1.07B $664M $1.33B $980M $2.78B $4.02B $1.92B
Stock Issued 12-point trend, +691000000.00 $691M $148M $140M $563M $0 $0 $0 $0 $1.15B $0 $1.87B $0
Net Stock Activity 9-point trend, -63.0% $691M $148M $140M $563M · · $0 $0 $0 $0 $1.87B ·
Dividends Paid 12-point trend, +51.8% $1.62B $1.52B $1.43B $1.33B $1.50B $1.49B $1.41B $1.33B $1.24B $1.17B $1.10B $1.06B
Financing Cash Flow 12-point trend, +516.3% $2.53B $1.31B $2.68B $1.59B $758M $145M $-58M $-219M $767M $1.19B $4.83B $411M
Net Change in Cash 7-point trend, -83.6% · · · · · $44M $-659M $591M $276M $-5.80B $4.62B $269M
Taxes Paid 12-point trend, -96.2% $12M $81M $10M $73M $281M $10M $265M $95M $540M $-441M $342M $314M
Free Cash Flow 12-point trend, -40.4% $-2.27B $-1.53B $-2.71B $-2.28B $-4.97B $-3.81B $-589M $1.05B $-104M $-108M $-8M $-1.62B
Levered FCF 7-point trend, -118.0% · · · · · $-5.17B $-1.87B $-397M $-1.68B $-1.03B $-680M $-2.37B
Profitability 7
Annual Profitability data for EXC
Metric Trend 202520242023202220212020201920182017201620152014
Operating Margin 12-point trend, +88.0% 21.2% 18.8% 18.5% 17.4% 7.5% 8.5% 12.7% 10.8% 12.7% 9.9% 15.0% 11.3%
Net Margin 12-point trend, +71.8% 11.4% 10.7% 10.7% 11.4% 5.0% 5.9% 8.8% 5.8% 11.5% 3.8% 7.6% 6.6%
Pretax Margin 12-point trend, +49.8% 13.6% 11.6% 12.4% 12.6% 6.1% 7.1% 11.6% 6.2% 11.2% 6.3% 11.3% 9.1%
EBITDA Margin 12-point trend, +83.8% 36.2% 34.4% 34.6% 34.8% 24.1% 23.7% 25.1% 22.9% 24.1% 22.5% 23.3% 19.7%
ROA 12-point trend, +17.6% 2.5% 2.4% 2.4% 1.9% 1.4% 1.5% 2.5% 1.8% 3.3% 1.1% 2.5% 2.1%
ROE 12-point trend, +23.8% 9.9% 9.3% 9.2% 7.3% 5.5% 6.0% 9.6% 6.9% 13.8% 4.7% 9.3% 8.0%
ROIC 12-point trend, +172.1% 13.9% 13.2% 11.7% 4.4% 3.0% 3.5% 5.1% 5.5% 6.8% 3.1% 5.8% 5.1%
Liquidity & Solvency 5
Annual Liquidity & Solvency data for EXC
Metric Trend 202520242023202220212020201920182017201620152014
Current Ratio 12-point trend, -33.1% 0.9 0.9 0.8 0.7 0.9 1.0 0.8 1.2 1.1 0.9 1.7 1.4
Quick Ratio 12-point trend, -37.9% 0.4 0.3 0.3 0.2 0.3 0.3 0.4 0.5 0.5 0.4 1.1 0.6
Debt / Equity 12-point trend, -91.7% 0.1 0.1 0.2 1.6 1.2 1.1 1.2 1.2 1.2 1.4 1.0 1.0
LT Debt / Equity 9-point trend, +66.5% · · · 1.4 1.0 1.1 1.0 1.1 1.1 1.2 0.9 0.9
Interest Coverage 7-point trend, -42.0% · · · · · 1.8 2.7 2.5 2.8 2.1 4.4 3.0
Efficiency 2
Annual Efficiency data for EXC
Metric Trend 202520242023202220212020201920182017201620152014
Asset Turnover 12-point trend, -31.6% 0.2 0.2 0.2 0.2 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3
Receivables Turnover 12-point trend, -5.3% 8.0 9.1 9.5 9.3 10.7 8.4 7.5 8.0 7.8 8.5 8.8 8.5
Per Share 7
Annual Per Share data for EXC
Metric Trend 202520242023202220212020201920182017201620152014
Book Value / Share 12-point trend, +7.1% $28.15 $26.79 $25.78 $24.89 $35.13 $33.39 $33.12 $31.77 $30.99 $27.96 $28.04 $26.29
Revenue / Share 12-point trend, -24.5% $23.97 $22.96 $21.79 $19.33 $37.09 $33.82 $35.36 $37.14 $35.33 $33.83 $32.98 $31.75
Cash Flow / Share 12-point trend, +19.8% $6.18 $5.55 $4.72 $4.93 $3.07 $4.33 $6.84 $8.92 $7.88 $9.11 $8.53 $5.16
Cash / Share 12-point trend, -72.0% $0.61 $0.36 $0.45 $0.41 $1.21 $0.68 $0.60 $1.39 $0.93 $0.69 $7.07 $2.18
Dividend / Share 10-point trend, +27.0% $2 $2 $1 $1 $2 $2 $1 $1 $1 $1 · ·
Dividend Paid / Share 4-point trend, +5.6% · · · · · · · · $1 $1 $1 $1
EPS (TTM) 11-point trend, +51.6% $2.85 $2.51 · $1.85 $1.74 $2.01 $3.01 $2.07 $3.98 $1.21 $2.54 $1.88
Growth Rates 8
Annual Growth Rates data for EXC
Metric Trend 202520242023202220212020201920182017201620152014
Revenue YoY 5-point trend, -30.2% 5.3% 6.0% 13.9% 6.4% 7.6% · · · · · · ·
Revenue CAGR 3Y 3-point trend, -9.8% 8.3% 8.7% 9.2% · · · · · · · · ·
Revenue CAGR 5Y 7.8% · · · · · · · · · · ·
EPS YoY · · · · -13.4% · · · · · · ·
Net Income YoY 5-point trend, +295.6% 12.5% 5.7% 7.2% 18.7% -6.4% · · · · · · ·
Net Income CAGR 3Y 3-point trend, +40.3% 8.4% 10.4% 6.0% · · · · · · · · ·
Net Income CAGR 5Y 7.2% · · · · · · · · · · ·
Dividend CAGR 5Y 1.6% · · · · · · · · · · ·
Valuation (TTM) 17
Annual Valuation (TTM) data for EXC
Metric Trend 202520242023202220212020201920182017201620152014
Revenue TTM 12-point trend, -11.6% $24.26B $23.03B $21.73B $19.08B $17.94B $16.66B $34.44B $35.98B $33.56B $31.37B $29.45B $27.43B
Net Income TTM 12-point trend, +52.1% $2.77B $2.46B $2.33B $2.17B $1.83B $1.95B $3.03B $2.08B $3.87B $1.20B $2.25B $1.82B
Market Cap 12-point trend, +96.1% $44.59B $37.83B $35.86B $42.97B $40.33B $29.39B $31.64B $31.14B $27.08B $23.39B $18.22B $22.74B
Enterprise Value 12-point trend, +8.8% $46.24B $40.78B $39.35B $82.22B $81.18B $64.03B $68.46B $65.93B $61.37B $58.03B $37.40B $42.49B
P/E 11-point trend, +8.7% 15.3 15.0 · 23.4 23.7 15.0 10.8 15.5 7.1 20.9 7.8 14.1
P/S 12-point trend, +121.7% 1.8 1.6 1.7 2.3 2.2 1.8 0.9 0.9 0.8 0.7 0.6 0.8
P/B 12-point trend, +53.9% 1.5 1.4 1.4 1.7 1.2 0.9 1.0 1.0 0.9 0.9 0.7 1.0
P / Tangible Book 6-point trend, +76.1% 2.0 1.9 1.9 2.4 1.4 1.1 · · · · · ·
P / Cash Flow 12-point trend, +39.7% 7.1 6.8 7.6 8.8 13.4 6.9 4.8 3.6 3.6 2.8 2.4 5.1
P / FCF 12-point trend, -39.6% -19.6 -24.8 -13.3 -18.9 -8.1 -7.7 -53.7 29.7 -260.4 -216.6 -2277.7 -14.0
EV / EBITDA 12-point trend, -33.0% 5.3 5.2 5.2 12.4 9.3 8.2 7.9 8.0 7.6 8.2 5.5 7.9
EV / FCF 12-point trend, +22.5% -20.3 -26.7 -14.5 -36.1 -16.3 -16.8 -116.2 62.8 -590.1 -537.3 -4674.7 -26.2
EV / Revenue 12-point trend, +23.1% 1.9 1.8 1.8 4.3 4.5 3.8 2.0 1.8 1.8 1.9 1.3 1.5
Dividend Yield 12-point trend, -22.4% 3.6% 4.0% 4.0% 3.1% 3.7% 5.1% 4.5% 4.3% 4.6% 5.0% 6.1% 4.7%
Earnings Yield 11-point trend, -8.0% 6.5% 6.7% · 4.3% 4.2% 6.7% 9.3% 6.4% 14.2% 4.8% 12.8% 7.1%
Payout Ratio 12-point trend, -0.2% 58.4% 62.0% 61.6% 61.5% 81.8% 76.4% 46.5% 63.9% 32.1% 96.8% 49.1% 58.5%
Annual Payout 12-point trend, +51.8% $1.62B $1.52B $1.43B $1.33B $1.50B $1.49B $1.41B $1.33B $1.24B $1.17B $1.10B $1.06B

Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years

Income Statement
2025-12-312024-12-312023-12-312022-12-312021-12-31
Revenue $24.26B$23.03B$21.73B$19.08B$17.94B
Operating Margin % 21.2%18.8%18.5%17.4%7.5%
Net Income $2.77B$2.46B$2.33B$2.17B$1.83B
Diluted EPS $1.74
Balance Sheet
2025-12-312024-12-312023-12-312022-12-312021-12-31
Debt / Equity 0.10.10.21.61.2
Current Ratio 0.90.90.80.70.9
Quick Ratio 0.40.30.30.20.3
Cash Flow
2025-12-312024-12-312023-12-312022-12-312021-12-31
Free Cash Flow $-2.27B$-1.53B$-2.71B$-2.28B$-4.97B

Latest News Recent headlines mentioning this company

Trading Signals Recent buy/sell signals with entry price and risk/reward ratio

My Metrics Your personal watchlist — selected rows from Full Fundamentals

📊

Pick the metrics that matter to you — click the ➕ next to any row in Full Fundamentals above.

Your selection is saved and follows you across all tickers.

Institutional owners (13F) 1,400 filers · $27.7B total · As of June 30, 2026

Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.

Institutional activity — Q2 2026 vs prior quarter
New positions Exited positions Increased Decreased Net shares change
114 (-53 vs prior Q) 87 (-8 vs prior Q) 548 (+53 vs prior Q) 386 (-15 vs prior Q) +139.5M

Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.

Institution Value Shares % of tracked 13F Type
STATE STREET CORP $3,145,179,885 67,464,176 11.34% Shares
VANGUARD CAPITAL MANAGEMENT LLC $3,114,176,560 66,799,154 11.23% Shares
VANGUARD PORTFOLIO MANAGEMENT LLC $2,621,627,495 56,233,966 9.45% Shares
Capital World Investors $2,389,858,869 51,262,524 8.61% Shares
LAZARD ASSET MANAGEMENT LLC $1,499,742,183 32,169,502 5.41% Shares
GEODE CAPITAL MANAGEMENT, LLC $1,347,945,928 29,022,330 4.86% Shares
GQG Partners LLC $922,917,399 19,796,580 3.33% Shares
WELLINGTON MANAGEMENT GROUP LLP $890,225,823 19,095,363 3.21% Shares
NORGES BANK $610,627,268 13,097,968 2.20% Shares
FIL Ltd $383,718,964 8,230,780 1.38% Shares
NORDEA INVESTMENT MANAGEMENT AB $364,330,121 7,790,658 1.31% Shares
ATLAS Infrastructure Partners (UK) Ltd. $361,347,517 7,750,912 1.30% Shares
CHARLES SCHWAB INVESTMENT MANAGEMENT INC $339,933,646 7,291,584 1.23% Shares
BNP PARIBAS FINANCIAL MARKETS $286,959,806 6,155,294 1.03% Shares
VANGUARD FIDUCIARY TRUST CO $267,874,278 5,745,909 0.97% Shares
Capital International Investors $249,144,832 5,344,162 0.90% Shares
Robeco Institutional Asset Management B.V. $222,699,310 4,776,905 0.80% Shares
FMR LLC $188,069,583 4,034,096 0.68% Shares
ANTIPODES PARTNERS Ltd $185,387,973 3,976,576 0.67% Shares
ONTARIO TEACHERS PENSION PLAN BOARD $179,624,576 3,852,951 0.65% Shares
BANK OF AMERICA CORP /DE/ $170,650,458 3,660,456 0.62% Shares
FIRST TRUST ADVISORS LP $170,617,517 3,659,750 0.61% Shares
AQR CAPITAL MANAGEMENT LLC $167,054,324 3,583,319 0.60% Shares
Capital Research Global Investors $155,792,432 3,341,751 0.56% Shares
CANADA PENSION PLAN INVESTMENT BOARD $152,670,803 3,274,792 0.55% Shares
BlackRock, Inc. $148,177,940 3,178,420 0.53% Shares
GOLDMAN SACHS GROUP INC $148,166,734 3,178,180 0.53% Shares
Maple-Brown Abbott Ltd $145,375,079 3,154,588 0.52% Shares
AMERIPRISE FINANCIAL INC $144,196,267 3,093,025 0.52% Shares
DIMENSIONAL FUND ADVISORS LP $140,435,055 3,012,333 0.51% Shares
Legal & General Group Plc $137,021,636 2,939,117 0.49% Shares
California Public Employees Retirement System $134,806,905 2,891,611 0.49% Shares
Swiss National Bank $134,575,856 2,886,655 0.49% Shares
PANAGORA ASSET MANAGEMENT INC $125,237,497 2,686,347 0.45% Shares
Mitsubishi UFJ Asset Management Co., Ltd. $123,058,991 2,639,618 0.44% Shares
BARCLAYS PLC $117,518,251 2,520,769 0.42% Shares
Sumitomo Mitsui Trust Group, Inc. $113,074,059 2,425,441 0.41% Shares
PFA Pension, Forsikringsaktieselskab $108,357,400 2,324,269 0.39% Shares
VANGUARD ASSET MANAGEMENT, Ltd $106,857,516 2,292,096 0.39% Shares
Vanguard Global Advisers, LLC $105,796,165 2,269,330 0.38% Shares
VICTORY CAPITAL MANAGEMENT INC $104,150,012 2,234,020 0.38% Shares
BANK OF MONTREAL /CAN/ $103,008,941 2,209,544 0.37% Shares
Squarepoint Ops LLC $92,445,782 1,982,964 0.33% Shares
RHUMBLINE ADVISERS $92,307,808 1,980,007 0.33% Shares
RAYMOND JAMES FINANCIAL INC $88,808,784 1,904,950 0.32% Shares
M&G PLC $85,467,996 1,818,468 0.31% Shares
AVIVA PLC $82,480,710 1,769,213 0.30% Shares
National Pension Service $80,183,323 1,719,934 0.29% Shares
Quantinno Capital Management LP $78,654,566 1,687,142 0.28% Shares
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM $78,072,242 1,592,661 0.28% Shares
COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS $76,028,548 1,630,814 0.27% Shares
MILLER HOWARD INVESTMENTS INC /NY $75,544,427 1,620,430 0.27% Shares
RWC Asset Management LLP $74,255,450 1,592,781 0.27% Shares
RENAISSANCE TECHNOLOGIES LLC $70,541,841 1,513,124 0.25% Shares
Empower Advisory Group, LLC $68,628,552 1,472,084 0.25% Shares
Universal- Beteiligungs- und Servicegesellschaft mbH $62,012,942 1,332,541 0.22% Shares
Candriam S.C.A. $58,347,805 1,252,767 0.21% Shares
ProShare Advisors LLC $57,761,712 1,238,990 0.21% Shares
TD Asset Management Inc $57,171,924 1,226,339 0.21% Shares
NOMURA ASSET MANAGEMENT INTERNATIONAL INC. $56,651,000 1,215,155 0.20% Shares
ALLIANCEBERNSTEIN L.P. $56,244,960 1,147,388 0.20% Shares
Magellan Asset Management Ltd $53,710,109 1,152,083 0.19% Shares
MANUFACTURERS LIFE INSURANCE COMPANY, THE $51,308,061 1,100,559 0.18% Shares
Vanguard Investments Australia, Ltd. $49,267,643 1,056,792 0.18% Shares
Maryland State Retirement & Pension System $47,705,407 1,023,282 0.17% Shares
ROYAL LONDON ASSET MANAGEMENT LTD $47,029,371 1,008,781 0.17% Shares
MIZUHO MARKETS AMERICAS LLC $45,221,400 970,000 0.16% Shares
SEI INVESTMENTS CO $43,652,350 936,344 0.16% Shares
SCHRODER INVESTMENT MANAGEMENT GROUP $42,976,659 911,488 0.15% Shares
Retirement Systems of Alabama $42,957,160 921,432 0.15% Shares
Man Group plc $41,875,156 898,223 0.15% Shares
Ensign Peak Advisors, Inc $41,809,236 896,809 0.15% Shares
LETKO, BROSSEAU & ASSOCIATES INC $41,543,082 891,100 0.15% Shares
STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM $40,592,966 870,720 0.15% Shares
FJARDE AP-FONDEN /FOURTH SWEDISH NATIONAL PENSION FUND $37,947,561 813,976 0.14% Shares
APG Asset Management N.V. $37,886,732 929,127 0.14% Shares
Zurcher Kantonalbank (Zurich Cantonalbank) $36,756,933 788,437 0.13% Shares
NEOS Investment Management LLC $36,356,934 779,857 0.13% Shares
AMERICAN CENTURY COMPANIES INC $36,158,699 775,604 0.13% Shares
NEW YORK STATE COMMON RETIREMENT FUND $35,901,083 770,079 0.13% Shares
AMF Tjanstepension AB $34,638,287 742,992 0.12% Shares
JENNISON ASSOCIATES LLC $33,322,950 714,778 0.12% Shares
MACQUARIE GROUP LTD $32,662,205 700,605 0.12% Shares
Tredje AP-fonden $31,595,120 677,716 0.11% Shares
OSTRUM ASSET MANAGEMENT $31,531,437 676,350 0.11% Shares
Pictet Asset Management Holding SA $31,385,516 673,220 0.11% Shares
STRS OHIO $30,810,365 660,883 0.11% Shares
Mirae Asset Global Investments Co., Ltd. $30,659,690 657,651 0.11% Shares
KLP KAPITALFORVALTNING AS $30,291,065 649,744 0.11% Shares
PINEBRIDGE INVESTMENTS LLC $30,064,772 644,890 0.11% Shares
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC $29,397,343 599,701 0.11% Shares
VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. $29,119,784 624,620 0.10% Shares
STOREBRAND ASSET MANAGEMENT AS $28,631,160 614,139 0.10% Shares
Asset Management One Co., Ltd. $28,604,494 583,527 0.10% Shares
Arbejdsmarkedets Tillaegspension $28,517,454 611,700 0.10% Shares
LPL Financial LLC $28,385,581 608,872 0.10% Shares
MACKENZIE FINANCIAL CORP $27,167,525 582,744 0.10% Shares
Korea Investment CORP $27,044,915 580,114 0.10% Shares
WORLDQUANT MILLENNIUM ADVISORS LLC $26,487,666 568,161 0.10% Shares
JANE STREET GROUP, LLC $26,382,258 565,900 0.10% Call option

Company insiders 88 insiders · 32 officers · 28 directors

Insider Role Last activity Shares owned Buys 12m Sells 12m Net 12m
Calvin Butler JR President & CEO Feb. 3, 2025 M 178,494 0 0 $0
John Tyler Anthony CEO of Pepco Holdings Jan. 29, 2024 M 16,690 0 0 $0
Gil C Quiniones CEO of ComEd Jan. 29, 2024 M 6,466 0 0 $0
Carim V Khouzami CEO of BGE Jan. 29, 2024 M 16,405 0 0 $0
Christopher M. Crane President and CEO Feb. 8, 2022 A 294,252 0 0 $0
Joseph Dominguez CEO Exelon Generation Jan. 28, 2022 M 33,774 0 0 $0
Kenneth W. Cornew Sr. EVP, Pres & CEO Generation Jan. 25, 2021 M 104,095 0 0 $0
David M Velazquez Pres. & CEO, Pepco Holdings Jan. 25, 2021 M 46,624 0 0 $0
Anne R Pramaggiore President & CEO of ComEd Feb. 4, 2019 M 87,518 0 0 $0
Craig L Adams President & CEO; PECO Energy Jan. 29, 2018 M 62,374 0 0 $0
Kenneth William Defontes Jr. President & CEO, BGE Feb. 24, 2014 F 15,858 0 0 $0
John W Rowe Chairman & CEO thru 3/12/2012 March 12, 2012 A 319,374 0 0 $0
Jeanne M Jones EVP & Chief Financial Officer Feb. 3, 2025 M 40,593 0 0 $0
Joseph Nigro Sr EVP & CFO Feb. 8, 2022 A 111,338 0 0 $0
Jonathan W Thayer Senior EVP and CFO Jan. 29, 2018 M 68,230 0 0 $0
Matthew F Hilzinger SVP and CFO thru 3/12/2012 March 12, 2012 A 20,912 0 0 $0
Michael Innocenzo EVP & Chief Operating Officer Feb. 3, 2025 M 76,079 0 0 $0
Robert A Kleczynski SVP, Controller & Tax Feb. 25, 2025 M 41,125 0 0 $0
Colette D Honorable EVP, CLO & Corporate Secretary Feb. 3, 2025 F 2,271 0 0 $0
David Glockner EVP Compliance, Audit & Risk Feb. 3, 2025 D 56,702 0 0 $0
Gayle Littleton EVP & Chief Legal Officer Jan. 29, 2024 M 44,225 0 0 $0
Joseph R Trpik JR Senior VP & Corp. Controller Jan. 23, 2023 M 29,228 0 0 $0
Fabian Souza SVP & Corporate Controller April 1, 2022 S 2,337 0 0 $0
Bryan Craig Hanson EVP & Chief Generation Officer Jan. 28, 2022 M 49,180 0 0 $0
William A. Von Hoene Jr. Sr. Executive Vice President Jan. 25, 2021 M 215,417 0 0 $0
Paymon Aliabadi EVP, Chief Enterprise Risk Ofr Jan. 27, 2020 M 71,853 0 0 $0
Duane M Desparte SVP and Controller Jan. 29, 2018 M 15,696 0 0 $0
Denis P. O'Brien Sr. Executive Vice President Jan. 29, 2018 M 76,203 0 0 $0
Ruth Ann M Gillis Executive Vice President Jan. 27, 2014 M 3,187 0 0 $0
Joseph R Glace SVP and Chief Risk Officer Jan. 28, 2013 A 4,649 0 0 $0
Darryl M. Bradford SVP and General Counsel March 12, 2012 A 12,810 0 0 $0
Randall E Mehrberg Executive Vice President Dec. 21, 2007 A 0 0 0 $0
Matthew C Rogers Director June 30, 2026 A 9,505 0 0 $0
Charisse R Lillie Director June 30, 2026 A 9,505 0 0 $0
Marjorie Rodgers Cheshire Director June 30, 2026 A 22,328 0 0 $0
William P Bowers Director June 30, 2026 A 19,978 0 0 $0
Anna Richo Director April 28, 2026 A 11,337 0 0 $0
Bryan K Segedi Director June 30, 2025 A 6,483 0 0 $0
John F Young Director March 31, 2025 A 32,286 0 0 $0
Anthony Anderson Director March 31, 2024 A 59,255 0 0 $0
Ann C Berzin Director March 31, 2023 A 58,003 0 0 $0
Paul L Joskow Director March 31, 2023 A 78,018 0 0 $0
Carlos M Gutierrez Director March 31, 2023 A 5,339 0 0 $0
Mayo A Shattuck III Director March 31, 2022 A 47,286 0 0 $0
John M Richardson Director Dec. 31, 2021 A 8,522 0 0 $0
Yves C De Balmann Director Dec. 31, 2021 A 38,933 0 0 $0
Laurie Brlas Director Dec. 31, 2021 A 11,700 0 0 $0
Robert J Lawless Director Dec. 31, 2021 A 38,933 0 0 $0
Nicholas Debenedictis Director March 31, 2021 A 57,781 0 0 $0
Richard Willard Mies Director March 31, 2020 A 41,097 0 0 $0

Insiders from SEC Form 3/4/5 filings; net = open-market P/S only

Activists & 5%+ owners 2 positions

Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.

Filer Filed Stake Status Purpose Filing
Undisclosed reporting person, Undisclosed reporting person April 17, 2002 Initial filing SEC
Undisclosed reporting person, Undisclosed reporting person Oct. 31, 2001 Initial filing SEC

Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.

ETF ownership Held by 225 ETFs

Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.

Fund Weight Units As of Source
FXU · First Trust Exchange-Traded AlphaDE… 3.90% 760,291 NS April 30, 2026 N-PORT
ZAP · Global X Funds 3.43% 340,932 NS April 30, 2026 N-PORT
RSPU · Invesco Exchange-Traded Fund Trust 3.24% 379,181 SH Aug. 8, 2026 Daily
VPU · VANGUARD WORLD FUND 3.04% 7,002,671 SH Aug. 8, 2026 Daily
PUI · Invesco Exchange-Traded Fund Trust 2.92% 34,970 SH Aug. 8, 2026 Daily
IDU · iShares Trust 2.92% 874,155 SH Aug. 8, 2026 Daily
FUTY · FIDELITY COVINGTON TRUST 2.90% 1,547,902 NS April 30, 2026 N-PORT
STNC · Hennessy Funds Trust 2.86% 56,907 NS April 30, 2026 N-PORT
UPW · ProShares Trust 2.52% 10,636 NS May 31, 2026 N-PORT
TOLZ · ProShares Trust 2.14% 81,718 NS May 31, 2026 N-PORT
JXI · iShares Trust 2.09% 141,002 SH Aug. 8, 2026 Daily
UTSL · Direxion Shares ETF Trust 2.01% 18,985 NS April 30, 2026 N-PORT
CGMM · Capital Group Equity ETF Trust I 1.90% 1,166,011 NS May 31, 2026 N-PORT
POWR · iShares, Inc. 1.80% 180,455 SH Aug. 8, 2026 Daily
QUVU · Hartford Funds Exchange-Traded Trust 1.73% 64,998 NS April 30, 2026 N-PORT
FLCV · Federated Hermes ETF Trust 1.67% 35,293 NS May 31, 2026 N-PORT
SPHD · Invesco Exchange-Traded Fund Trust … 1.53% 1,144,693 SH Aug. 8, 2026 Daily
NUDV · Nushares ETF Trust 1.36% 13,432 NS April 30, 2026 N-PORT
PWV · Invesco Exchange-Traded Fund Trust 1.31% 514,756 SH Aug. 8, 2026 Daily
IFRA · iShares Trust 1.30% 1,314,894 SH Aug. 8, 2026 Daily
IGF · iShares Trust 1.26% 2,974,174 SH Aug. 8, 2026 Daily
POW · Tidal Trust III 1.19% 17,680 NS May 31, 2026 N-PORT
ALTL · Pacer Funds Trust 1.19% 24,861 NS April 30, 2026 N-PORT
FDVV · FIDELITY COVINGTON TRUST 1.11% 2,212,859 NS April 30, 2026 N-PORT
DVY · iShares Trust 1.07% 5,545,895 SH Aug. 8, 2026 Daily
SPLV · Invesco Exchange-Traded Fund Trust … 1.01% 1,594,170 SH Aug. 8, 2026 Daily
VRAI · ETFis Series Trust I 1.00% 3,991 NS April 30, 2026 N-PORT
QQQE · Direxion Shares ETF Trust 0.89% 235,754 NS April 30, 2026 N-PORT
QNXT · iShares Trust 0.86% 5,352 SH Aug. 8, 2026 Daily
VOE · VANGUARD INDEX FUNDS 0.82% 6,572,564 SH Aug. 8, 2026 Daily
ESMV · iShares Trust 0.74% 1,284 SH Aug. 8, 2026 Daily
NULV · Nushares ETF Trust 0.74% 334,266 NS April 30, 2026 N-PORT
VCLT · VANGUARD SCOTTSDALE FUNDS 0.72% 87,667,000 PA Aug. 8, 2026 Daily
FTA · First Trust Exchange-Traded AlphaDE… 0.65% 184,721 NS April 30, 2026 N-PORT
CGDG · Capital Group Dividend Growers ETF 0.65% 720,539 NS May 31, 2026 N-PORT
IMCV · iShares Trust 0.65% 163,834 SH Aug. 8, 2026 Daily
LQAI · Exchange Listed Funds Trust 0.64% 294 NS April 30, 2026 N-PORT
NFRA · FlexShares Trust 0.62% 412,960 NS April 30, 2026 N-PORT
EVUS · iShares Trust 0.58% 47,896 SH Aug. 8, 2026 Daily
REVS · Columbia ETF Trust I 0.54% 33,556 NS April 30, 2026 N-PORT
IIGD · Invesco Exchange-Traded Self-Indexe… 0.52% 140,000 Aug. 8, 2026 Daily
QLC · FlexShares Trust 0.52% 101,640 NS April 30, 2026 N-PORT
EQIN · Columbia ETF Trust I 0.51% 30,832 NS April 30, 2026 N-PORT
KRMA · Global X Funds 0.48% 12,619 NS May 31, 2026 N-PORT
VO · VANGUARD INDEX FUNDS 0.46% 22,173,909 SH Aug. 8, 2026 Daily
RCGE · EA Series Trust 0.45% 9,230 NS April 30, 2026 N-PORT
IWS · iShares Trust 0.44% 1,546,262 SH Aug. 8, 2026 Daily
WLDR · Two Roads Shared Trust 0.44% 6,884 NS April 30, 2026 N-PORT
INFO · Harbor ETF Trust 0.43% 71,795 NS April 30, 2026 N-PORT
FLCC · Federated Hermes ETF Trust 0.43% 11,316 NS May 31, 2026 N-PORT