Expand Energy Corporation (EXE)

Return on equity (ROE)

		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	Dec 31, 2019
Net income (ttm)	US$ in thousands	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	945,000	-905,000	-1,305,000	-1,142,000	-9,734,000	-9,642,000	-8,958,000	-8,584,000	-308,000
Total stockholders’ equity	US$ in thousands	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	4,364,000
ROE		2.49%	4.22%	9.89%	22.55%	52.88%	60.05%	68.94%	54.10%	43.96%	26.89%	-2.12%	16.66%	-29.79%	-38.24%	-29.43%	—	—	—	—	-7.06%

September 30, 2024 calculation

ROE = Net income (ttm) ÷ Total stockholders’ equity
= $254,000K ÷ $10,188,000K
= 2.49%

Expand Energy Corporation's return on equity (ROE) has shown significant fluctuations over the past several periods. The ROE has ranged from negative values, such as -38.24% and -29.79%, to positive values, reaching as high as 68.94% in the recent periods.

The ROE shows an increasing trend from negative values in the earlier periods to positive values in the most recent periods, indicating a potential improvement in the company's efficiency in generating profits from shareholders' equity.

The highest ROE of 68.94% in the previous period indicates that the company was able to generate significant profits relative to the shareholders' equity invested in the business.

However, it is essential to note the negative ROE values in some periods, indicating that the company experienced losses that exceeded the equity invested by shareholders, leading to a negative return.

Overall, the trend in ROE for Expand Energy Corporation shows variability, with both positive and negative values, suggesting that the company's profitability and efficiency in utilizing shareholders' equity have been fluctuating. Further analysis of the company's financial performance and operational strategies may be warranted to understand the underlying factors driving these fluctuations in ROE.