Expand Energy Corporation (EXE)
Operating return on assets (Operating ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | -803,000 | 3,142,000 | 3,780,000 | 2,325,000 | -8,703,000 |
| Total assets | US$ in thousands | 27,894,000 | 14,376,000 | 15,468,000 | 11,009,000 | 6,584,000 |
| Operating ROA | -2.88% | 21.86% | 24.44% | 21.12% | -132.18% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $-803,000K ÷ $27,894,000K
= -2.88%
Based on the operating return on assets (Operating ROA) data provided for Expand Energy Corporation over the five-year period from December 31, 2020, to December 31, 2024, the company's performance can be analyzed as follows:
1. December 31, 2020 (-132.18%):
- The negative Operating ROA of -132.18% in December 2020 indicates that the company's operating income was insufficient to cover its assets' costs, suggesting a significant loss-making situation or inefficient asset utilization.
2. December 31, 2021 (21.12%):
- The positive Operating ROA of 21.12% in December 2021 signifies an improvement compared to the previous year, indicating that the company generated operating income of 21.12% of its total assets, which is a positive sign of profitability.
3. December 31, 2022 (24.44%):
- The Operating ROA increasing to 24.44% in December 2022 demonstrates further improvement in operating efficiency and profitability, as the company generated higher operating income relative to its total assets.
4. December 31, 2023 (21.86%):
- Although slightly lower than the previous year, the Operating ROA of 21.86% in December 2023 still indicates a healthy level of profitability and operational performance, with the company effectively utilizing its assets to generate operating income.
5. December 31, 2024 (-2.88%):
- The Operating ROA decreasing to -2.88% in December 2024 suggests a concerning reversal, with the company experiencing a decline in profitability and potentially encountering challenges in generating sufficient operating income compared to its asset base.
Overall, Expand Energy Corporation's Operating ROA fluctuated significantly over the five-year period, reflecting improvements in operational efficiency and profitability in some years but also indicating challenges and potential performance issues in others. Monitoring and analyzing this metric over time can provide valuable insights into the company's financial health and performance.
Peer comparison
Dec 31, 2024