Expand Energy Corporation (EXE)

Operating profit margin

		Dec 31, 2024	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
Operating income (ttm)	US$ in thousands	-771,000	341,000	575,000	1,354,000	3,142,000	3,659,000	5,616,000	6,933,000	6,165,000	6,137,000	4,507,000	2,993,000	2,341,000	1,271,000	942,000	283,000	-723,000	-884,000	-1,065,000	-719,000
Revenue (ttm)	US$ in thousands	4,232,000	4,042,000	4,908,000	5,813,000	7,775,000	9,102,000	11,783,000	14,377,000	14,123,000	13,772,000	11,213,000	8,631,000	7,317,000	5,739,000	5,240,000	4,503,000	4,670,000	5,515,000	6,300,000	7,717,000
Operating profit margin		-18.22%	8.44%	11.72%	23.29%	40.41%	40.20%	47.66%	48.22%	43.65%	44.56%	40.19%	34.68%	31.99%	22.15%	17.98%	6.28%	-15.48%	-16.03%	-16.90%	-9.32%

December 31, 2024 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $-771,000K ÷ $4,232,000K
= -18.22%

Expand Energy Corporation's operating profit margin experienced significant fluctuations over the past years. The company started with negative margins in early 2020 but managed to improve gradually, turning positive by March 2021. The margin continued to strengthen through June 2022, reaching above 40%, indicating efficient cost management and increased profitability.

However, the operating profit margin started to decline in the latter part of 2022 and into 2023, dropping to around 40% before falling further to 23.29% by March 2024. This decline may suggest potential challenges in controlling costs or generating revenue during this period.

Interestingly, there was a sharp decrease in the operating profit margin by the end of 2024, dropping to -18.22%. This negative margin could be indicative of a loss-making period for Expand Energy Corporation, potentially due to various factors such as increased expenses or a decline in sales.

Overall, the analysis of Expand Energy's operating profit margin highlights both positive and negative trends in the company's profitability and cost efficiency over the past years, demonstrating the need for continued monitoring and strategic financial management to sustain and improve performance.