Expand Energy (EXE) Gross Margin (2017 - 2026)
Expand Energy's Gross Margin came in at 78.07% for Q2 2026, down 0.49 percentage points from 78.56% a year earlier but up 3.57 percentage points from the prior quarter.
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Analysis
Expand Energy (EXE) Gross Margin (2017 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Expand Energy reported Gross Margin of 76.31%, up 6.26 percentage points year-over-year; for FY2025, it came in at 73.94%, up 4.87 percentage points from FY2024.
- Gross Margin carries a five-year change of +9.99 percentage points (FY2020 to FY2025).
- Going back by year, Gross Margin was 69.07% in FY2024 (-2.28 pp), 71.35% in FY2023 (+7.24 pp), 64.11% in FY2022 (+4.78 pp) and 59.33% in FY2021 (-4.62 pp).
- The five-year range for quarterly Gross Margin is 8.98% (Q1 2022) to 80.68% (Q1 2023).
- Year-over-year, Gross Margin increased in five of the last eight quarters, with an average year-over-year change of +4.77 percentage points.
- The fastest year-over-year change in Gross Margin over five years came in Q1 2023 (a gain of 71.70 percentage points), and the weakest in Q4 2021 (a drop of 111.78 percentage points).
- Business Quant data shows EXE's Gross Margin at 74.51% (Q1 2026), 75.83% (Q4 2025) and 77.78% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 540.77 Bn | 451.32 Bn | 30.13 Bn | 31.83% |
| 2 | Chevron | 403.83 Bn | 381.62 Bn | 33.45 Bn | 47.75% |
| 3 | TotalEnergies SE | 188.75 Bn | 71.88 Bn | - | - |
| 4 | Eni Spa | 170.81 Bn | 120.33 Bn | - | - |
| 5 | Conocophillips | 150.42 Bn | 123.13 Bn | 12.81 Bn | 65.62% |
| 6 | Equinor Asa | 104.06 Bn | 50.12 Bn | - | - |
| 7 | Phillips 66 | 101.90 Bn | 90.89 Bn | 8.38 Bn | 16.10% |
| 8 | Canadian Natural Resources | 97.96 Bn | 94.91 Bn | - | - |
| 9 | Suncor Energy | 80.99 Bn | 66.79 Bn | - | - |
| 10 | Expand Energy | 19.47 Bn | 15.36 Bn | 2.31 Bn | 78.07% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 78.07% |
| Mar 31, 2026 | 74.51% |
| Dec 31, 2025 | 75.83% |
| Sep 30, 2025 | 77.78% |
| Jun 30, 2025 | 78.56% |
| Mar 31, 2025 | 58.15% |
| Dec 31, 2024 | 67.32% |
| Sep 30, 2024 | 70.37% |
| Jun 30, 2024 | 72.08% |
| Mar 31, 2024 | 70.12% |
| Dec 31, 2023 | 73.61% |
| Sep 30, 2023 | 52.18% |
| Jun 30, 2023 | 67.69% |
| Mar 31, 2023 | 80.68% |
| Dec 31, 2022 | 77.31% |
| Sep 30, 2022 | 62.05% |
| Jun 30, 2022 | 65.11% |
| Mar 31, 2022 | 8.98% |
| Dec 31, 2021 | 73.53% |
| Sep 30, 2021 | 29.78% |
API Access
Expand Energy Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=EXE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "EXE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=EXE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();