EXC vs. XEL: Exelon vs. Xcel Energy Stock Comparison

November 11, 2026

How do Exelon (EXC) and Xcel Energy (XEL) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

Exelon (EXC) and Xcel Energy (XEL) are both classified in the Electric Utilities sub-industry within the broader Electric Utilities industry, placing them in the closest GICS peer bucket.

Company profile comparison for Exelon (EXC) and Xcel Energy (XEL)
Profile Item	EXC	XEL
Name	Exelon Corp.	Xcel Energy Inc.
Country/Region	United States	United States
GICS Sector	Utilities	Utilities
GICS Industry Group	Utilities	Utilities
GICS Industry	Electric Utilities	Electric Utilities
GICS Sub-Industry	Electric Utilities	Electric Utilities
Market Capitalization	47.21 billion USD	51.14 billion USD
Currency	USD	USD
Exchange	Nasdaq	Nasdaq
Listing Date	May 2, 1973	February 21, 1973
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

EXC

XEL

GSPC

Exelon (EXC) vs. Xcel Energy (XEL), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Exelon (EXC) and Xcel Energy (XEL). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Exelon (EXC) and Xcel Energy (XEL). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Exelon (EXC) and Xcel Energy (XEL)
Metric	EXC	XEL
Total Return (1Y)	2.39%	2.65%
Total Return (3Y, Annualized)	9.20%	14.93%
Total Return (5Y, Annualized)	7.16%	8.26%

Risk Profile

Drawdown History

EXC

XEL

GSPC

Exelon (EXC) vs. Xcel Energy (XEL), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Exelon (EXC) and Xcel Energy (XEL). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Exelon (EXC) and Xcel Energy (XEL)
Metric	EXC	XEL
Volatility (1Y, Annualized)	20.24%	19.49%
Beta (5Y)	0.24	0.33
Max Drawdown (5Y)	-29.05%	-34.41%
Avg. Volume (3M)	7.62M	5.83M

Risk-Adjusted Performance

Risk-Return Positioning

EXC and XEL are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Exelon (EXC) and Xcel Energy (XEL)
Metric	EXC	XEL
Sharpe Ratio (1Y)	-0.09	-0.08
Sortino Ratio (1Y)	-0.14	-0.12

Profitability

ROE (TTM)

Both Exelon (EXC) at 9.06% and Xcel Energy (XEL) at 11.44% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.

EXC

Utilities industry group

9.06%

Max: 17.99%
Q3: 12.01%
Median: 9.44%
EXC: 9.06%
Q1: 7.56%
Min: 2.17%

XEL

Utilities industry group

11.44%

Max: 17.99%
Q3: 12.01%
XEL: 11.44%
Median: 9.44%
Q1: 7.56%
Min: 2.17%

Exelon (EXC) vs. Xcel Energy (XEL): A comparison of their ROE against the Utilities industry group benchmark.

Net Margin (TTM)

Xcel Energy (XEL) at 17.95% retains a top-quartile share of revenue as profit, ahead of Exelon (EXC) at 10.17%, which keeps about the industry-typical share.

EXC

Utilities industry group

10.17%

Max: 28.78%
Q3: 17.30%
Median: 12.73%
EXC: 10.17%
Q1: 9.18%
Min: -0.20%

XEL

Utilities industry group

17.95%

Max: 28.78%
XEL: 17.95%
Q3: 17.30%
Median: 12.73%
Q1: 9.18%
Min: -0.20%

Exelon (EXC) vs. Xcel Energy (XEL): A comparison of their net margin against the Utilities industry group benchmark.

Operating Margin (TTM)

Both Exelon (EXC) at 19.18% and Xcel Energy (XEL) at 28.50% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.

EXC

Utilities industry group

19.18%

Max: 53.83%
Q3: 31.12%
Median: 23.62%
EXC: 19.18%
Q1: 15.45%
Min: -4.90%

XEL

Utilities industry group

28.50%

Max: 53.83%
Q3: 31.12%
XEL: 28.50%
Median: 23.62%
Q1: 15.45%
Min: -4.90%

Exelon (EXC) vs. Xcel Energy (XEL): A comparison of their operating margin against the Utilities industry group benchmark.

Profitability Metrics

Profitability metrics for Exelon (EXC) and Xcel Energy (XEL)
Metric	EXC	XEL
ROE (TTM)	9.06%	11.44%
ROA (TTM)	2.72%	2.37%
Net Margin (TTM)	10.17%	17.95%
Operating Margin (TTM)	19.18%	28.50%
Gross Margin (TTM)	41.50%	47.27%

Growth

Revenue Growth

Both Exelon (EXC) at 5.34% and Xcel Energy (XEL) at 9.14% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.

Exelon (EXC) vs. Xcel Energy (XEL): A comparison of their Revenue Growth across different time periods.

EPS Growth

Both Exelon (EXC) at 10.61% and Xcel Energy (XEL) at -0.58% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.

Exelon (EXC) vs. Xcel Energy (XEL): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Exelon (EXC) and Xcel Energy (XEL)
Metric	EXC	XEL
Revenue Growth (YoY)	5.34%	9.14%
Revenue Growth (3Y CAGR)	8.34%	-1.42%
EPS Growth (YoY)	10.61%	-0.58%
EPS Growth (3Y CAGR)	9.19%	2.56%

Financial Strength

Current Ratio (MRQ)

Both Exelon (EXC) at 1.03 and Xcel Energy (XEL) at 0.69 carry current ratio within their industries’ typical mid-ranges, suggesting balanced short-term liquidity relative to peers.

EXC

Utilities industry group

1.03

Max: 1.90
Q3: 1.17
EXC: 1.03
Median: 0.88
Q1: 0.66
Min: 0.29

XEL

Utilities industry group

0.69

Max: 1.90
Q3: 1.17
Median: 0.88
XEL: 0.69
Q1: 0.66
Min: 0.29

Exelon (EXC) vs. Xcel Energy (XEL): A comparison of their current ratio against the Utilities industry group benchmark.

Debt / Equity (MRQ)

Both Exelon (EXC) at 1.77 and Xcel Energy (XEL) at 1.68 fund their balance sheets with roughly industry-typical debt-to-equity mixes.

EXC

Utilities industry group

1.77

Max: 2.63
Q3: 1.77
EXC: 1.77
Median: 1.35
Q1: 0.84
Min: 0.00

XEL

Utilities industry group

1.68

Max: 2.63
Q3: 1.77
XEL: 1.68
Median: 1.35
Q1: 0.84
Min: 0.00

Exelon (EXC) vs. Xcel Energy (XEL): A comparison of their debt-to-equity ratio against the Utilities industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Exelon (EXC) and Xcel Energy (XEL)
Metric	EXC	XEL
Current Ratio (MRQ)	1.03	0.69
Debt / Equity (MRQ)	1.77	1.68
Net Debt / EBITDA	6.21	6.35

Dividends

Dividend Yield (TTM)

Both Exelon (EXC) at 3.57% and Xcel Energy (XEL) at 2.92% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.

EXC

Utilities industry group

3.57%

Max: 6.66%
Q3: 3.58%
EXC: 3.57%
Median: 2.85%
Q1: 0.66%
Min: 0.00%

XEL

Utilities industry group

2.92%

Max: 6.66%
Q3: 3.58%
XEL: 2.92%
Median: 2.85%
Q1: 0.66%
Min: 0.00%

Exelon (EXC) vs. Xcel Energy (XEL): A comparison of their dividend yield against the Utilities industry group benchmark.

Dividend Payout Ratio (TTM)

Both Exelon (EXC) at 64.84% and Xcel Energy (XEL) at 54.72% keep payout ratio within their industries’ typical mid-ranges — dividend policies that share earnings without consuming too much of them.

EXC

Utilities industry group

64.84%

Max: 113.04%
Q3: 68.72%
EXC: 64.84%
Median: 56.38%
Q1: 32.38%
Min: 0.00%

XEL

Utilities industry group

54.72%

Max: 113.04%
Q3: 68.72%
Median: 56.38%
XEL: 54.72%
Q1: 32.38%
Min: 0.00%

Exelon (EXC) vs. Xcel Energy (XEL): A comparison of their payout ratio against the Utilities industry group benchmark.

Dividend Metrics

Dividend metrics for Exelon (EXC) and Xcel Energy (XEL)
Metric	EXC	XEL
Dividend Yield (TTM)	3.57%	2.92%
Dividend Payout Ratio (TTM)	64.84%	54.72%

Valuation

P/E Ratio (TTM)

Both Exelon (EXC) at 17.82 and Xcel Energy (XEL) at 18.57 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.

EXC

Utilities industry group

17.82

Max: 31.22
Q3: 23.30
Median: 19.64
EXC: 17.82
Q1: 15.17
Min: 3.34

XEL

Utilities industry group

18.57

Max: 31.22
Q3: 23.30
Median: 19.64
XEL: 18.57
Q1: 15.17
Min: 3.34

Exelon (EXC) vs. Xcel Energy (XEL): A comparison of their P/E ratio against the Utilities industry group benchmark.

P/S Ratio (TTM)

On P/S ratio, both Exelon (EXC) at 1.82 and Xcel Energy (XEL) at 3.44 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.

EXC

Utilities industry group

1.82

Max: 6.35
Q3: 3.63
Median: 2.63
EXC: 1.82
Q1: 1.52
Min: 0.00

XEL

Utilities industry group

3.44

Max: 6.35
Q3: 3.63
XEL: 3.44
Median: 2.63
Q1: 1.52
Min: 0.00

Exelon (EXC) vs. Xcel Energy (XEL): A comparison of their P/S ratio against the Utilities industry group benchmark.

P/B Ratio (MRQ)

On P/B ratio, both Exelon (EXC) at 1.57 and Xcel Energy (XEL) at 1.98 are valued close to their industries’ norm against book — neither stands out from peers.

EXC

Utilities industry group

1.57

Max: 3.12
Q3: 2.21
Median: 1.83
EXC: 1.57
Q1: 1.46
Min: 0.34

XEL

Utilities industry group

1.98

Max: 3.12
Q3: 2.21
XEL: 1.98
Median: 1.83
Q1: 1.46
Min: 0.34

Exelon (EXC) vs. Xcel Energy (XEL): A comparison of their P/B ratio against the Utilities industry group benchmark.

Valuation Metrics

Valuation metrics for Exelon (EXC) and Xcel Energy (XEL)
Metric	EXC	XEL
P/E Ratio (TTM)	17.82	18.57
P/S Ratio (TTM)	1.82	3.44
P/B Ratio (MRQ)	1.57	1.98
Free Cash Flow Yield (TTM)	-6.97%	-16.32%