Filing Flows › Exelon (EXC) › Q4 2024
Exelon (EXC) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Feb 12, 2025
Exelon (EXC) reported revenue of $5.5B for the fourth quarter 2024 (Q4 2024), +2% from a year earlier and -11% from the quarter before. Operating margin was 20.1%, net earnings $647M (11.8% of revenue).
Exelon, Q4 2024: revenue $5.5B (+2% year over year), operating margin 20.1%, net earnings $647M, operating cash flow $1.4B. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $5.5B | -11% | +2% |
| Operating profit | $1.1B | -8% | +0.5% |
| Net earnings | $647M | -8% | +5% |
| Operating cash flow | $1.4B | -16% | +1% |
What changed
Revenue was $5.5B in Q4 2024, up 2% year over year and down 11% from the previous quarter.
Operating profit was $1.1B, a 20.1% margin (down 0.3 points year over year). Of the extra revenue versus a year earlier, 6% reached operating profit, below the 20% margin then. Total costs grew 2% against revenue growth of 2%. Net earnings were $0.65B, up 5% year over year. The effective tax rate was 7.0%.
Operating cash flow was $1.4B (up 1% year over year), 220% of net earnings. Non-cash charges added back $0.91B of depreciation and amortization. Working capital and other items used $0.13B. Capital expenditures of $1.9B exceeded it, leaving free cash flow of −$0.51B.
Questions
What was Exelon's revenue in the fourth quarter 2024?
Exelon (EXC) reported revenue of $5.5B for the fourth quarter 2024 (Q4 2024), +2% from a year earlier and -11% from the quarter before.
Was Exelon profitable in the fourth quarter 2024?
Operating profit was $1.1B (20.1% of revenue) and net earnings $647M.
Source: Exelon 10-K on SEC EDGAR.