Expand Energy Corporation (EXE)

Return on assets (ROA)

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net income	US$ in thousands	-714,000	2,419,000	4,936,000	6,328,000	-9,734,000
Total assets	US$ in thousands	27,894,000	14,376,000	15,468,000	11,009,000	6,584,000
ROA		-2.56%	16.83%	31.91%	57.48%	-147.84%

December 31, 2024 calculation

ROA = Net income ÷ Total assets
= $-714,000K ÷ $27,894,000K
= -2.56%

Expand Energy Corporation's Return on Assets (ROA) shows a significant fluctuation over the years based on the provided data. In December 2020, the ROA was -147.84%, indicating a negative return relative to its assets. This sharp decline suggests that the company’s assets were not utilized effectively to generate profits during that period.

However, by December 2021, the ROA improved to 57.48%, reflecting a strong rebound in asset efficiency and profitability. This considerable positive shift indicates that the company managed its assets more efficiently, resulting in higher returns.

In the following years, Expand Energy Corporation maintained a relatively positive trend in ROA, with values of 31.91% in December 2022 and 16.83% in December 2023. These figures demonstrate continued profitability relative to the company's assets, albeit at a slightly decreasing rate.

In December 2024, the ROA decreased to -2.56%, indicating a slight turn to negative profitability compared to the assets. This decline might suggest that the company faced challenges in efficiently utilizing its assets to generate profits during that period.

Overall, Expand Energy Corporation experienced varying levels of ROA over the years, with notable improvements in asset efficiency and profitability, followed by a slight decline in the latter period. As such, it is essential for the company to maintain its focus on optimizing asset utilization to sustain or enhance its profitability in the future.