Expand Energy Corporation (EXE)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 309,000 | 543,000 | 1,354,000 | 3,142,000 | 4,644,000 | 5,570,000 | 6,394,000 | 3,780,000 | 2,973,000 | 1,630,000 | -141,000 | 938,000 | -307,000 | -80,000 | -191,000 | -8,703,000 | -9,052,000 | -8,895,000 | -8,076,000 | -31,000 |
| 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 |
| Operating profit margin | 7.39% | 10.76% | 21.05% | 36.03% | 42.61% | 44.39% | 45.10% | 32.19% | 27.78% | 19.33% | -2.52% | 16.90% | -8.25% | -2.11% | -5.30% | -165.74% | -152.96% | -126.26% | -90.50% | -0.36% |
September 30, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $309,000K ÷ $4,182,000K
= 7.39%
Expand Energy Corporation's operating profit margin has experienced significant fluctuations over the past few quarters, ranging from negative figures to positive double-digit percentages. The trend shows inconsistency in performance, with periods of strong profitability followed by periods of losses or lower margins.
The most recent operating profit margin as of September 30, 2024, stands at 7.39%, indicating a decrease from the previous quarter but still within a reasonable range for the industry. However, the company has shown higher operating profit margins in the past, notably reaching 44.39% in June 30, 2023.
The substantial variance in operating profit margins suggests volatility in the company's operational efficiency and cost management. Analyzing the underlying reasons for these fluctuations, such as changes in revenue, expenses, or operational efficiency, could provide insights into Expand Energy Corporation's performance and areas for improvement.
Peer comparison
Sep 30, 2024