COMP <GO>

EXC vs SO // DIVIDEND YIELD & FCF PAYOUT SAFETY

Exelon Corporation (NASDAQ) VS. Southern Company (The) (NYSE) • 15-METRIC TALLY: EXC 6 — SO 7

▲ DIVIDEND YIELD & FCF PAYOUT SAFETY LEADER: EXC

LAST: $46.16 (+0.54%) • MKT CAP: $47.39B

dividend-safety

3.41%

LAST: $93.71 (+0.77%) • MKT CAP: $106.97B

dividend-safety

2.82%

15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (EXC VS. SO) EMERALD CELL = QUANTITATIVE EDGE

INSTITUTIONAL METRIC	EXC	SO	SPREAD (A - B)	ADVANTAGE	DEDICATED URL
Gross Profit Margin	41.00%	41.00%	0.00	TIE	/gross-margins <GO>
Return on Invested Capital (ROIC)	5.40%	6.90%	-1.50	SO	/roic <GO>
EV/EBITDA & P/E Valuation	7.6x	8.5x	-0.90	EXC	/valuation <GO>
Free Cash Flow Yield	-4.80%	-2.74%	-2.06	SO	/fcf-yield <GO>
Operating Margin	21.20%	24.70%	-3.50	SO	/operating-margins <GO>
Net Profit Margin	16.60%	14.70%	+1.90	EXC	/net-margins <GO>
Revenue Growth (YoY)	5.30%	10.60%	-5.30	SO	/revenue-growth <GO>
Dividend Yield & FCF Payout Safety ACTIVE	3.41%	2.82%	+0.59	EXC	/dividend-safety <GO>
Altman Z-Score & Debt/Equity	0.76	0.98	-0.22	SO	/balance-sheet <GO>
Piotroski F-Score Quality	5/9	5/9	0.00	TIE	/piotroski-score <GO>
Options Implied Move & Put/Call Skew	5.70%	5.50%	+0.20	SO	/options-implied-move <GO>
RSI-14 & 200D SMA Momentum	73.5	66.6	+6.85	EXC	/rsi-technicals <GO>
10Y Yield & FRED Macro Beta	0.66	0.58	+0.08	EXC	/macro-sensitivity <GO>
Forward P/E Multiple	11.0x	22.9x	-11.90	EXC	/forward-pe <GO>
Enterprise Scale & Market Cap	$47.39B	$106.97B	-$59.58B	SO	/market-cap <GO>

5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY

FISCAL YEAR	EXC REV	SO REV	EXC GROSS %	SO GROSS %	EXC FCF	SO FCF
FY 2025	$24.26B	$29.55B	44.0%	44.0%	-$2.27B	-$2.94B
FY 2024	$23.03B	$26.72B	44.0%	44.0%	-$1.53B	$833.0M
FY 2023	$21.73B	$25.25B	44.0%	44.0%	$3.73B	$6.42B

FRED MACRO REGIME CORRELATION COMPARISON PEARSON r

EXC // BETA 0.66

SO // BETA 0.58