Expand Energy Corporation (EXE)
Operating return on assets (Operating ROA)
| 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 |
| Total assets | US$ in thousands | 27,894,000 | 13,392,000 | 13,608,000 | 14,018,000 | 14,376,000 | 14,248,000 | 14,429,000 | 14,591,000 | 15,726,000 | 14,089,000 | 13,899,000 | 13,293,000 | 11,009,000 | 7,326,000 | 6,999,000 | 6,904,000 | 6,584,000 | 6,903,000 | 6,553,000 | 7,808,000 |
| Operating ROA | -2.76% | 2.55% | 4.23% | 9.66% | 21.86% | 25.68% | 38.92% | 47.52% | 39.20% | 43.56% | 32.43% | 22.52% | 21.26% | 17.35% | 13.46% | 4.10% | -10.98% | -12.81% | -16.25% | -9.21% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $-771,000K ÷ $27,894,000K
= -2.76%
Expand Energy Corporation's operating return on assets (operating ROA) has shown a fluctuating trend over the period from March 31, 2020, to December 31, 2024. Initially, the company experienced negative operating ROA figures, indicating inefficient asset utilization and operational performance. However, starting from March 31, 2021, the operating ROA turned positive and demonstrated a steady improvement over several quarters, reaching a peak of 47.52% on March 31, 2023.
During the period of positive operating ROA, Expand Energy Corporation showcased effective management of its assets to generate operating income. The significant increase in operating ROA from March 2021 to March 2023 reflects the company's ability to enhance profitability relative to its asset base.
Subsequently, the operating ROA declined from the peak in March 2023 to negative figures by December 31, 2024. This decreasing trend may suggest potential challenges or changes in the company's operations impacting its profitability relative to assets.
Overall, the analysis of Expand Energy Corporation's operating ROA highlights periods of both strengths and weaknesses in asset utilization and operational performance, indicating variations in the company's efficiency and profitability over the analyzed period.
Peer comparison
Dec 31, 2024