Expand Energy Corporation (EXE)

Gross profit margin

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Gross profit	US$ in thousands	1,044,000	4,872,000	8,156,000	2,420,000	620,000
Revenue	US$ in thousands	4,221,000	7,775,000	11,443,000	7,301,000	5,210,000
Gross profit margin		24.73%	62.66%	71.28%	33.15%	11.90%

December 31, 2024 calculation

Gross profit margin = Gross profit ÷ Revenue
= $1,044,000K ÷ $4,221,000K
= 24.73%

The gross profit margin of Expand Energy Corporation has shown significant fluctuations over the years based on the provided data. In December 2020, the company's gross profit margin was 11.90%, indicating that for every dollar of revenue generated, Expand Energy retained $0.119 as gross profit.

By December 2021, the gross profit margin significantly improved to 33.15%, signaling a more efficient cost management strategy or potentially higher selling prices. This improvement continued into December 2022, with a substantial gross profit margin of 71.28%, suggesting strong profitability in that specific period.

However, the gross profit margin decreased to 62.66% by December 2023, indicating a potential increase in the cost of goods sold relative to revenue. The downward trend continued into December 2024, with the gross profit margin dropping to 24.73%, possibly pointing towards pricing pressures or escalating costs.

In summary, Expand Energy Corporation has experienced varying levels of gross profit margin over the years, highlighting the importance of closely monitoring cost structures and pricing strategies to maintain and enhance overall profitability.