Exelon (EXC) FY2021 results: revenue $17.9 billion, up 7.7% on the year
Exelon Corp. (EXC) reported revenue of $17.9 billion for fiscal 2021, the year ended 31 December 2021, up 7.7% on the year before. Net income was $1.7 billion, down 13.1%, and diluted earnings per share $1.74. The figures are the company's own, from the 10-K it filed with the SEC on 25 February 2022.
Revenue
$17.9 billion
+7.7% on the year
FY2014FY2021
Operating margin
15.0%
13.1% a year earlier
FY2014FY2021
Net income
$1.7 billion
-13.1% on the year
FY2014FY2021
Diluted EPS
$1.74
-13.4% on the year
FY2014FY2021
this yearthe year beforeHover a bar for its figure.
$ 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
FY2021
FY2020
FY2019
On the year
Last 8 years
Operating cash flow
3,012
4,235
6,659
-28.9%
Capital expenditure
7,981
8,048
7,248
-0.8%
Free cash flow
-4,969
-3,813
-589
Free cash flow margin
-27.7%
-22.9%
-3.5%
Cash from investing
-3,317
-4,336
-7,260
Cash from financing
758
145
-58.0
+422.8%
Depreciation and amortisation
3,033
2,891
2,717
+4.9%
Dividends paid
1,497
1,492
1,408
+0.3%
Dividend per share
$1.53
$1.53
$1.45
0.0%
Diluted shares, weighted
980m
977m
974m
+0.3%
Shares outstanding at period end
979m
976m
973m
+0.3%
Balance sheet
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Shareholders' equity
34,393
32,585
32,224
+5.5%
Non-controlling interest
402
2,283
2,349
-82.4%
Short-term borrowings
1,248
1,191
1,370
+4.8%
Debt
32,655
36,906
35,950
-11.5%
Other liabilities
64,315
56,352
53,084
+14.1%
Total liabilities and equity
133,013
129,317
124,977
+2.9%
Fixed assets
64,558
60,332
80,233
+7.0%
Goodwill
6,630
6,630
6,677
0.0%
Intangible assets
-207
-290
174
Investments
250
238
464
+5.0%
Cash and equivalents
672
432
587
+55.6%
Receivables
1,869
1,932
4,592
-3.3%
Other assets
59,241
60,043
32,250
-1.3%
Total assets
133,013
129,317
124,977
+2.9%
10-K for the year ended 31 December 2021, filed 25 February 2022: the filing.