Expand Energy Corporation (EXE)
Gross profit margin
| Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 3,976,000 | 4,850,000 | 6,272,000 | 8,573,000 | 10,739,000 | 12,378,000 | 14,005,000 | 11,579,000 | 10,562,000 | 8,300,000 | 5,473,000 | 5,429,000 | 3,641,000 | 3,676,000 | 3,399,000 | -3,518,000 | -2,851,000 | -1,736,000 | 175,000 | 8,319,000 |
| Revenue (ttm) | US$ in thousands | 4,182,000 | 5,046,000 | 6,432,000 | 8,721,000 | 10,899,000 | 12,549,000 | 14,178,000 | 11,743,000 | 10,703,000 | 8,431,000 | 5,604,000 | 5,549,000 | 3,722,000 | 3,792,000 | 3,606,000 | 5,251,000 | 5,918,000 | 7,045,000 | 8,924,000 | 8,595,000 |
| Gross profit margin | 95.07% | 96.12% | 97.51% | 98.30% | 98.53% | 98.64% | 98.78% | 98.60% | 98.68% | 98.45% | 97.66% | 97.84% | 97.82% | 96.94% | 94.26% | -67.00% | -48.18% | -24.64% | 1.96% | 96.79% |
September 30, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $3,976,000K ÷ $4,182,000K
= 95.07%
Expand Energy Corporation's gross profit margin has shown strong performance in recent quarters, consistently exceeding 90%. The trend indicates that the company has been effectively managing its production costs and pricing strategies to generate high levels of gross profit relative to its revenues. The peak gross profit margin of 98.78% in the first quarter of 2023 suggests exceptional efficiency in cost control and product pricing during that period. However, there was a significant decline in the gross profit margin to -67.00% in the fourth quarter of 2020, indicating that the company experienced a loss on its cost of goods sold. It is important for Expand Energy Corporation to monitor and address any fluctuations in its gross profit margin to ensure sustainable profitability and operational efficiency.
Peer comparison
Sep 30, 2024