Expand Energy Corporation (EXE)

Return on equity (ROE)

		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 stockholders’ equity	US$ in thousands	17,565,000	10,188,000	10,370,000	10,682,000	10,729,000	10,268,000	10,396,000	10,283,000	9,124,000	6,347,000	5,808,000	5,383,000	5,671,000	3,038,000	3,413,000	3,881,000	-5,341,000	-4,940,000	-4,209,000	-3,945,000
ROE		-4.06%	2.49%	4.22%	9.89%	22.55%	52.88%	60.05%	68.94%	54.10%	43.96%	26.89%	-2.12%	111.59%	147.40%	119.48%	109.28%	—	—	—	—

December 31, 2024 calculation

ROE = Net income (ttm) ÷ Total stockholders’ equity
= $-714,000K ÷ $17,565,000K
= -4.06%

Expand Energy Corporation's Return on Equity (ROE) has shown significant fluctuations over the past few years.

From March 31, 2021, to September 30, 2021, the ROE experienced substantial growth, reaching a peak of 147.40% in September 2021. This indicates that the company was generating strong profits in relation to its shareholder equity during this period.

However, starting from March 31, 2022, the ROE took a negative turn, dropping to -2.12% in that quarter. This negative ROE suggests that the company's earnings were not sufficient to cover its equity.

Subsequently, the ROE gradually improved, reaching 68.94% by March 31, 2023. While the ROE continued to be positive in the following quarters, it showed a downward trend, decreasing to 2.49% by September 30, 2024, and eventually turning negative to -4.06% by December 31, 2024.

Overall, the fluctuating trend in Expand Energy Corporation's ROE signals varying levels of profitability and efficiency in utilizing shareholders' equity over the analyzed period. Further investigation into the company's financial performance and operational strategies may be warranted to understand the underlying reasons for these changes in ROE.