Exelon (EXC) FY2015 results: revenue $29.4 billion, up 7.4% on the year
Exelon Corp. (EXC) reported revenue of $29.4 billion for fiscal 2015, the year ended 31 December 2015, up 7.4% on the year before. Net income was $2.3 billion, up 39.8%, and diluted earnings per share $2.54. The figures are the company's own, from the 10-K it filed with the SEC on 10 February 2016.
Revenue
$29.4 billion
+7.4% on the year
FY2008FY2015
Operating margin
15.0%
11.3% a year earlier
FY2008FY2015
Net income
$2.3 billion
+39.8% on the year
FY2008FY2015
Diluted EPS
$2.54
+35.1% on the year
FY2008FY2015
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2015
FY2014
FY2013
On the year
Last 8 years
Revenue
29,447
27,429
24,888
+7.4%
Operating income
4,409
3,096
3,669
+42.4%
Operating margin
15.0%
11.3%
14.7%
Interest expense
992
1,024
1,315
-3.1%
Pre-tax income
3,330
2,486
2,773
+34.0%
Income tax
1,073
666
1,044
+61.1%
Effective tax rate
32.2%
26.8%
37.6%
Net income
2,269
1,623
1,719
+39.8%
Net margin
7.7%
5.9%
6.9%
Diluted EPS
$2.54
$1.88
$2.00
+35.1%
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2015
FY2014
FY2013
On the year
Last 8 years
Operating cash flow
7,616
4,457
6,343
+70.9%
Capital expenditure
7,624
6,077
5,395
+25.5%
Free cash flow
-8.0
-1,620
948
Free cash flow margin
-0.0%
-5.9%
3.8%
Cash from investing
-7,822
-4,599
-5,394
Cash from financing
4,830
411
-826
+1,075.2%
Depreciation and amortisation
2,450
2,314
2,153
+5.9%
Share-based compensation
97.0
91.0
120
+6.6%
Dividends paid
1,105
1,065
1,249
+3.8%
Dividend per share
$1.24
$1.24
$1.46
0.0%
Diluted shares, weighted
893m
864m
860m
+3.4%
Shares outstanding at period end
920m
860m
857m
+7.0%
Balance sheet
$ million
FY2015
FY2014
FY2013
On the year
Last 8 years
Shareholders' equity
25,793
22,608
22,732
+14.1%
Non-controlling interest
1,308
1,332
15.0
-1.8%
Short-term borrowings
533
n/a
341
Debt
25,761
21,624
19,408
+19.1%
Other liabilities
41,989
40,852
37,428
+2.8%
Total liabilities and equity
95,384
86,416
79,924
+10.4%
Fixed assets
57,439
52,087
47,330
+10.3%
Goodwill
2,672
2,672
2,625
0.0%
Intangible assets
755
738
417
+2.3%
Investments
639
544
1,187
+17.5%
Cash and equivalents
6,502
1,878
1,609
+246.2%
Receivables
3,187
3,482
2,981
-8.5%
Other assets
24,190
25,015
23,775
-3.3%
Total assets
95,384
86,416
79,924
+10.4%
10-K for the year ended 31 December 2015, filed 10 February 2016: the filing.