Expand Energy Corporation (EXE)

Return on assets (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
Net income (ttm)	US$ in thousands	-714,000	254,000	438,000	1,056,000	2,419,000	5,430,000	6,243,000	7,089,000	4,936,000	2,790,000	1,562,000	-114,000	6,328,000	4,478,000	4,078,000	4,241,000	-9,734,000	-9,642,000	-8,958,000	-8,584,000
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
ROA		-2.56%	1.90%	3.22%	7.53%	16.83%	38.11%	43.27%	48.58%	31.39%	19.80%	11.24%	-0.86%	57.48%	61.12%	58.27%	61.43%	-147.84%	-139.68%	-136.70%	-109.94%

December 31, 2024 calculation

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

Expand Energy Corporation's return on assets (ROA) has shown significant fluctuations over the past few years. The company experienced negative ROA percentages in the range of -109.94% to -147.84% from March 2020 to December 2020, indicating that the company was not efficiently utilizing its assets to generate profits during this period.

However, there was a notable turnaround starting from March 2021, where the ROA turned positive and steadily increased to reach a peak of 61.12% in September 2021. This positive trend continued through the following quarters of December 2021, March 2022, and June 2022, demonstrating the company's improved asset utilization and profitability.

Despite some fluctuations, the ROA remained generally positive from March 2022 to June 2024, with values ranging from -2.56% to 31.39%. This suggests that Expand Energy Corporation was able to effectively generate profits relative to its total assets during most of this period.

In the last quarter of December 2024, the ROA decreased to -2.56%, indicating a decline in the company's profitability relative to its assets. Overall, while Expand Energy Corporation has shown improvements in its ROA over the years, it faced some challenges in maintaining consistent profitability levels towards the end of the analyzed period.