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Exelon (Exelon) Gross Margin %

: 43.17% (As of Dec. 2023)
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Gross Margin % is calculated as gross profit divided by its revenue. Exelon's Gross Profit for the three months ended in Dec. 2023 was $2,317 Mil. Exelon's Revenue for the three months ended in Dec. 2023 was $5,367 Mil. Therefore, Exelon's Gross Margin % for the quarter that ended in Dec. 2023 was 43.17%.


The historical rank and industry rank for Exelon's Gross Margin % or its related term are showing as below:

EXC' s Gross Margin % Range Over the Past 10 Years
Min: 21.36   Med: 28.57   Max: 42.1
Current: 41.09


During the past 13 years, the highest Gross Margin % of Exelon was 42.10%. The lowest was 21.36%. And the median was 28.57%.

EXC's Gross Margin % is ranked better than
71.77% of 503 companies
in the Utilities - Regulated industry
Industry Median: 28.6 vs EXC: 41.09

Exelon had a gross margin of 43.17% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Exelon was 9.90% per year.


Exelon Gross Margin % Historical Data

The historical data trend for Exelon's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Exelon Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 29.98 28.84 39.06 42.10 41.09

Exelon Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Margin % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 40.53 41.72 39.31 40.07 43.17

Competitive Comparison

For the Utilities - Regulated Electric subindustry, Exelon's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Exelon Gross Margin % Distribution

For the Utilities - Regulated industry and Utilities sector, Exelon's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Exelon's Gross Margin % falls into.



Exelon Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Exelon's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=8927 / 21727
=(Revenue - Cost of Goods Sold) / Revenue
=(21727 - 12800) / 21727
=41.09 %

Exelon's Gross Margin for the quarter that ended in Dec. 2023 is calculated as


Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=2317 / 5367
=(Revenue - Cost of Goods Sold) / Revenue
=(5367 - 3050) / 5367
=43.17 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Exelon  (NAS:EXC) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Exelon had a gross margin of 43.17% for the quarter that ended in Dec. 2023 => Durable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Exelon Gross Margin % Related Terms

Thank you for viewing the detailed overview of Exelon's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Exelon (Exelon) Business Description

Address
10 South Dearborn Street, 54th Floor, P.O. Box 805379, Chicago, IL, USA, 60680-5379
Exelon serves approximately 10 million power and gas customers at its six regulated utilities in Illinois, Pennsylvania, Maryland, New Jersey, Delaware, and Washington, D.C.
Executives
Anna Richo director AMGEN INC., ONE AMGEN CENTER DRIVE, THOUSAND OAKS CA 91320-1799
Robert A Kleczynski officer: SVP & Corp Controller 10 S DEARBORN STREET, 54TH FLOOR, CHICAGO IL 60603
Matthew C Rogers director 10 S DEARBORN STREET, 54TH FLOOR, CHICAGO IL 60603
Charisse R Lillie director 10 S DEARBORN STREET, 54TH FLOOR, CHICAGO IL 60603
Carim V Khouzami officer: CEO of BGE 10 S DEARBORN STREET, 54TH FLOOR, CHICAGO IL 60603
Jeanne M Jones officer: EVP & CFO 10 S DEARBORN STREET, 54TH FLOOR, CHICAGO IL 60603
John Tyler Anthony officer: CEO Pepco Holdings LLC 10 S DEARBORN STREET, 54TH FLOOR, CHICAGO IL 60603
Trpik Joseph R Jr officer: SVP & Corp. Controller 10 S DEARBORN STREET, 54TH FLOOR, CHICAGO IL 60603
William P Bowers director 600 NORTH 18TH STREET, BIN 15N-8170, BIRMINGHAM AL 35203
Gayle Littleton officer: EVP & General Counsel 10 S. DEARBORN ST., 52ND FLOOR SE, CHICAGO IL 60603
Calvin Jr Butler officer: Sr EVP & CEO Exelon Utilities 10 SOUTH DEARBORN STREET, 54TH FLOOR, CHICAGO IL 60603
James Mchugh officer: EVP & Chief Commercial Officer 10 S DEARBORN STREET, 54TH FLOOR, CHICAGO IL 60603
Joseph Dominguez officer: CEO, ComEd 10 SOUTH DEARBORN STREET, CHICAGO IL 60603
Joseph Nigro officer: Sr. EVP & Chief Fin. Officer 10 S. DEARBORN STREET, 54TH FLOOR, CHICAGO IL 60603
Christopher M. Crane director, officer: President and CEO 10 SOUTH DEARBORN STREET, 54TH FLOOR, CHICAGO IL 60603

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