Expand Energy (EXE) Operating Margin (2009 - 2026)
Expand Energy (EXE) posted quarterly Operating Margin of 22.33% for Q2 2026, down 1206.0% year-over-year from 2.02% in Q2 2025, and down 35.87% quarter-over-quarter from 34.82% in Q1 2026.
Expand Energy (EXE) Operating Margin (2009 - 2026) Analysis & Trends
Expand Energy (EXE) has reported Operating Margin for 18 consecutive years, with 22.33% the latest figure, recorded in Q2 2026.
- In Q2 2026, Operating Margin fell 1206.0% year-over-year to 22.33%; the TTM figure through Jun 2026 stood at 26.94% (up 2085.0% YoY), while the FY2025 annual figure was 20.38%, up 3934.0% from the prior year.
- Operating Margin fell to 22.33% in Q2 2026 per EXE's latest filing, from 34.82% in the prior quarter.
- Across five years, Operating Margin topped out at 283.51% in Q2 2022 and bottomed at 84.92% in Q1 2022.
- Historically, Operating Margin has averaged 29.51% across 5 years, with a median of 23.61% in 2025.
- On a YoY basis, Operating Margin climbed as much as 34556 bps in 2022 and fell as far as 32261 bps in 2022.
- Expand Energy's Operating Margin stood at 167.39% in 2022, then sank by 78 bps to 37.27% in 2023, then sank by 201 bps to 37.81% in 2024, then soared by 160 bps to 22.77% in 2025, then declined by 2 bps to 22.33% in 2026.
- Business Quant data shows EXE's Operating Margin at 22.33% in Q2 2026, 34.82% in Q1 2026, and 22.77% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 163.55 Bn | 155.86 Bn | 12.81 Bn | 53.17% |
| 2 | Canadian Natural Resources | 106.27 Bn | 104.37 Bn | 10.66 Bn | 84.71% |
| 3 | Eog Resources | 80.09 Bn | 75.19 Bn | - | 40.93% |
| 4 | Diamondback Energy | 59.30 Bn | 58.83 Bn | 5.55 Bn | 45.16% |
| 5 | Devon Energy | 46.23 Bn | 45.22 Bn | 6.02 Bn | 32.14% |
| 6 | Woodside Energy | 45.77 Bn | 39.83 Bn | 6.02 Bn | 91.41% |
| 7 | Occidental Petroleum | 39.39 Bn | 35.24 Bn | 7.73 Bn | 39.52% |
| 8 | Eqt | 33.71 Bn | 33.60 Bn | 1.42 Bn | 21.77% |
| 9 | Texas Pacific Land | 25.43 Bn | 25.18 Bn | - | 77.96% |
| 10 | Expand Energy | 22.90 Bn | 21.63 Bn | 2.33 Bn | 22.33% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 22.33% |
| Mar 31, 2026 | 34.82% |
| Dec 31, 2025 | 22.77% |
| Sep 30, 2025 | 24.44% |
| Jun 30, 2025 | 34.39% |
| Mar 31, 2025 | -12.20% |
| Dec 31, 2024 | -37.81% |
| Sep 30, 2024 | -23.92% |
| Jun 30, 2024 | -58.22% |
| Mar 31, 2024 | 2.96% |
| Dec 31, 2023 | 37.27% |
| Sep 30, 2023 | 5.22% |
| Jun 30, 2023 | 27.34% |
| Mar 31, 2023 | 54.01% |
| Dec 31, 2022 | 167.39% |
| Sep 30, 2022 | 31.78% |
| Jun 30, 2022 | 283.51% |
| Mar 31, 2022 | -84.92% |
| Dec 31, 2021 | 490.00% |
| Sep 30, 2021 | -37.98% |