EXE
Expand Energy CorporationStock · EnergyS&P 500 Equal Weight 0.2% · Nasdaq Composite 0.05% · S&P 500 0.03% · US Stock Market 0.03% · Russell 1000 0.03% · Russell 3000 0.03% · MSCI ACWI 0.02% · MSCI World 0.02%$94.78-2.16%
as of market close, Sep 11, 2026
☾ AH — —
EXE financial statements
The full income statement, balance sheet, and cash-flow statement for Expand Energy Corporation (EXE), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2024-03 131.0M2024-06 131.3M2024-09 133.8M2024-12 232.7M2025-03 238.0M2025-06 238.1M2025-09 238.2M2025-12 240.4M2026-03 239.2M+82.5% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
As-reported fiscal years.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Revenue | 12.1B+186.3% | 4.24B-51.4% | 8.72B-25.7% | 11.7B+111.6% | 5.55B+5.9% | |
| Selling, general & administrative | 181M-2.7% | 186M+46.5% | 127M-10.6% | 142M+46.4% | 97.0M-63.7% | |
| General & administrative | 181M-2.7% | 186M+46.5% | 127M-10.6% | 142M+46.4% | 97.0M-63.7% | |
| Restructuring | 5.00M-78.3% | 23.0M+360.0% | 5.00M+0.0% | 5.00M-54.5% | 11.0M-75.0% | |
| Operating income | 2.47B+407.7% | -803M-125.6% | 3.14B-16.9% | 3.78B+303.0% | 938M+110.8% | |
| Interest expense | 235M+91.1% | 123M+18.3% | 104M-35.0% | 160M+119.2% | 73.0M-77.9% | |
| Other non-operating income | 42.0M-51.2% | 86.0M+8.9% | 79.0M+119.4% | 36.0M+16.1% | 31.0M+875.0% | |
| Pre-tax income | 2.28B+371.3% | -841M-127.0% | 3.12B-14.6% | 3.65B+307.5% | 896M+109.2% | |
| Income tax | 463M+464.6% | -127M-118.2% | 698M+154.3% | -1.28B-2522.4% | -49.0M-157.9% | |
| 1.82B+354.8% | -714M-129.5% | 2.42B-51.0% | 4.94B+422.3% | 945M+109.7% | ||
| Net income to non-controlling interest | — | — | — | 0.00 | 0.00+100.0% | |
| Net income to common | 1.82B+354.8% | -714M-129.5% | 2.42B-50.3% | 4.87B+415.2% | 945M+109.7% | |
| $7.57+266.4% | -$4.55-126.9% | $16.92-49.3% | $33.36 | — | ||
| EPS (basic) | $7.67+268.6% | -$4.55-125.0% | $18.21-53.0% | $38.71 | — | |
| Weighted-avg shares (basic) | 237M+51.2% | 157M+18.2% | 133M+5.6% | 126M+23.6% | 102M+941.2% | |
| Weighted-avg shares (diluted) | 240M+53.1% | 157M+9.8% | 143M-2.0% | 146M+25.5% | 116M+1090.4% | |
| Dividends per share | $3.18+90.9% | $1.67-55.2% | $3.72-58.6% | $9.00+796.3% | $1.00 | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 2.92B+46.0% | 2.00B-23.5% | 2.61B-3.3% | 2.70B+28.3% | 2.10B+89.8% | ||
| Cash & equivalents | 616M+94.3% | 317M-70.6% | 1.08B+730.0% | 130M-85.6% | 905M+224.4% | |
| Accounts receivable | 1.60B+30.4% | 1.23B+106.7% | 593M-58.8% | 1.44B+29.0% | 1.11B+49.5% | |
| Other current assets | 357M+22.3% | 292M+29.2% | 226M+5.1% | 215M+211.6% | 69.0M+7.8% | |
| 28.3B+1.4% | 27.9B+94.0% | 14.4B-7.1% | 15.5B+40.5% | 11.0B+67.2% | ||
| Property, plant & equipment | 24.4B+0.3% | 24.3B+140.5% | 10.1B-9.7% | 11.2B+27.1% | 8.80B+67.9% | |
| Operating lease right-of-use | 99.0M-31.7% | 145M+46.5% | 99.0M-16.8% | 119M+213.2% | 38.0M+31.0% | |
| Deferred tax assets | 168M-71.5% | 589M-36.9% | 933M-30.9% | 1.35B | 0.00 | |
| Other non-current assets | 801M-21.9% | 1.02B+54.6% | 663M+258.4% | 185M+77.9% | 104M-55.6% | |
| 2.90B-7.1% | 3.12B+137.7% | 1.31B-51.4% | 2.70B+10.5% | 2.45B-20.9% | ||
| Accounts payable | 753M-3.1% | 777M+82.8% | 425M-29.5% | 603M+95.8% | 308M-11.0% | |
| Accrued liabilities | 350M+18.2% | 296M+40.3% | 211M-16.6% | 253M+78.2% | 142M+36.5% | |
| Deferred revenue | — | — | — | — | 14.0M+75.0% | |
| Short-term & current debt | 0.00-100.0% | 389M | 0.00 | — | 0.00-100.0% | |
| Current lease liability | 51.0M-28.2% | 71.0M-15.5% | 84.0M-2.3% | 86.0M+196.6% | 29.0M+7.4% | |
| Other current liabilities | 2.04B+14.5% | 1.79B+110.9% | 847M-47.9% | 1.63B+35.4% | 1.20B+66.3% | |
| Finance lease liability (current) | — | — | — | — | 0.00-100.0% | |
| 9.71B-6.0% | 10.3B+183.2% | 3.65B-42.5% | 6.34B+18.8% | 5.34B-55.2% | ||
| Long-term debt | 5.01B-5.3% | 5.29B+160.9% | 2.03B-34.4% | 3.09B+35.8% | 2.28B | |
| Non-current lease liability | 48.0M-35.1% | 74.0M+393.3% | 15.0M-54.5% | 33.0M+266.7% | 9.00M+350.0% | |
| Operating lease liability (total) | 99.0M-31.7% | 145M+46.5% | 99.0M-16.8% | 119M+213.2% | 38.0M+31.0% | |
| Finance lease liability (total) | — | — | — | — | 0.00-100.0% | |
| Finance lease liability | — | — | — | — | 0.00 | |
| Deferred tax liabilities | 37.0M+270.0% | 10.0M | 0.00 | — | — | |
| Other non-current liabilities | 135M+11.6% | 121M+290.3% | 31.0M-38.0% | 50.0M+233.3% | 15.0M+200.0% | |
| 18.6B+5.8% | 17.6B+63.7% | 10.7B+17.6% | 9.12B+60.9% | 5.67B+206.2% | ||
| Common stock | 2.00M+0.0% | 2.00M+100.0% | 1.00M+0.0% | 1.00M+0.0% | 1.00M | |
| Additional paid-in capital | 13.7B+0.4% | 13.7B+137.9% | 5.75B+0.5% | 5.72B+18.1% | 4.84B-71.4% | |
| Retained earnings | 4.83B+24.6% | 3.88B-22.1% | 4.97B+46.3% | 3.40B+312.0% | 825M+103.4% | |
| Total equity incl. non-controlling | — | — | — | 9.12B+60.9% | 5.67B+206.2% | |
| Total liabilities & equity | 28.3B+1.4% | 27.9B+94.0% | 14.4B-7.1% | 15.5B+40.5% | 11.0B+67.2% | |
| Common shares issued | 239M+3.2% | 232M+77.2% | 131M-2.9% | 135M+14.2% | 118M+1105.6% | |
| Shares outstanding (cover) | 240M+3.3% | 233M+77.9% | 131M-2.9% | 135M+13.6% | 119M+21.1% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 4.58B+192.3% | 1.56B-34.2% | 2.38B-42.3% | 4.13B+128.0% | 1.81B+55.4% | ||
| Depreciation & amortization | 2.98B+72.4% | 1.73B+13.2% | 1.53B-12.9% | 1.75B+90.8% | 919M-16.2% | |
| Share-based compensation | 46.0M+21.1% | 38.0M+15.2% | 33.0M+50.0% | 22.0M+144.4% | 9.00M-57.1% | |
| Deferred income taxes | 448M+464.2% | -123M-128.7% | 428M+132.1% | -1.33B-2618.4% | -49.0M-390.0% | |
| Change in receivables | 370M+120.2% | 168M+119.6% | -857M-908.5% | 106M+186.5% | 37.0M+104.0% | |
| Change in payables | -68.0M-9.7% | -62.0M+59.2% | -152M-410.2% | 49.0M | — | |
| -2.76B-44.9% | -1.90B-502.5% | 473M+113.9% | -3.40B-300.1% | -850M+14.3% | ||
| Capital expenditure | 2.74B+75.7% | 1.56B-14.9% | 1.83B+0.3% | 1.82B+172.5% | 669M-41.4% | |
| Free cash flow | 1.84B+22887.5% | 8.00M-98.5% | 551M-76.1% | 2.30B+101.9% | 1.14B+5081.8% | |
| Acquisitions | 0.00-100.0% | 459M | 0.00-100.0% | 1.97B+913.9% | 194M | |
| Purchases of investments | 14.0M-81.3% | 75.0M-67.5% | 231M+1183.3% | 18.0M | 0.00 | |
| Proceeds from sale of PP&E | 70.0M+233.3% | 21.0M-99.2% | 2.53B+522.4% | 407M+3030.8% | 13.0M-91.3% | |
| -1.51B-261.6% | -419M+77.9% | -1.89B-30.8% | -1.45B-745.6% | -171M-269.3% | ||
| Long-term debt issued | 0.00-100.0% | 747M | 0.00 | 0.00 | 0.00 | |
| Long-term debt repaid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock repurchased | 100M | 0.00-100.0% | 355M-66.9% | 1.07B | 0.00 | |
| Dividends paid | 765M+97.2% | 388M-20.3% | 487M-59.8% | 1.21B+918.5% | 119M | |
| Other financing activities | 0.00+100.0% | -3.00M | 0.00 | 0.00+100.0% | -1.00M+92.3% | |
| Net change in cash | 301M+139.7% | -758M-178.9% | 961M+233.1% | -722M-191.6% | 788M+188.6% | |
| Interest paid | 230M+147.3% | 93.0M-20.5% | 117M-19.9% | 146M+329.4% | 34.0M-84.8% | |
| Income taxes paid | 66.0M+2300.0% | -3.00M-102.3% | 132M-31.6% | 193M+2244.4% | -9.00M | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 26.5B+14.5% | 23.2B+129.7% | 10.1B-20.2% | 12.6B+65.3% | 7.65B | |
| P/E | 14.6× | — | 1.9×-59.0% | 4.5×-44.0% | 8.1× | |
| P/S | 2.2×-60.0% | 5.5×+491.2% | 0.9×-21.7% | 1.2×-14.3% | 1.4× | |
| P/B | 1.4×+8.3% | 1.3×+34.3% | 1.0×-50.7% | 2.0×+47.7% | 1.3× | |
| P/FCF | 14.4×-99.5% | 2895.7×+28211.4% | 10.2×+67.8% | 6.1×-9.2% | 6.7× | |
| Earnings yield | 6.9% | — | 53.8%+144.0% | 22.1%+78.6% | 12.4% | |
| FCF yield | 6.9%+19971.8% | 0.03%-99.6% | 9.8%-40.4% | 16.4%+10.1% | 14.9% | |
| Dividend yield | 2.9%+72.2% | 1.7%-65.4% | 4.8%-49.2% | 9.5%+512.8% | 1.6% | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: EXE’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all EXE filings on SEC EDGAR → Not investment advice.