Expand Energy (EXE) Return on Invested Capital [ROIC] (2009 - 2026)
Expand Energy (EXE) posted Return on Invested Capital [ROIC] of 12.07% for Q3 2026, up 7.78 percentage points from 4.28% a year earlier but down 0.03 percentage points from the prior quarter.
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Analysis
Expand Energy (EXE) Return on Invested Capital [ROIC] (2009 - 2026) Analysis & Trends
For FY2025, Expand Energy's Return on Invested Capital [ROIC] came in at 8.41%, up 12.20 percentage points from FY2024.
- Annual Return on Invested Capital [ROIC] shows a five-year change of +174.70 percentage points (FY2020 to FY2025).
- In prior years, Expand Energy's Return on Invested Capital [ROIC] was -3.79% in FY2024 (-23.31 pp), 19.53% in FY2023 (-17.96 pp), 37.49% in FY2022 (-3.86 pp) and 41.35% in FY2021 (+207.64 pp).
- Quarterly Return on Invested Capital [ROIC] has run from a low of -4.00% in Q1 2025 to a high of 52.11% in Q1 2023 over five years.
- On a year-over-year basis, Return on Invested Capital [ROIC] has increased in each of the last five quarters, with an average year-over-year change of +1.67 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Return on Invested Capital [ROIC] in the past five years was Q1 2023, with a gain of 53.07 percentage points; the weakest was Q1 2024, with a drop of 43.84 percentage points.
- According to Business Quant data, Return on Invested Capital [ROIC] for the three prior quarters was 12.10% (Q2 2026), 14.00% (Q1 2026) and 8.43% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 670.95 Bn | 635.82 Bn | 47.44 Bn | 13.86% |
| 2 | Shell | 553.51 Bn | 414.86 Bn | - | - |
| 3 | Chevron | 415.12 Bn | 387.81 Bn | 31.26 Bn | 12.13% |
| 4 | TotalEnergies SE | 193.87 Bn | 69.22 Bn | 31.61 Bn | - |
| 5 | Eni Spa | 173.39 Bn | 116.57 Bn | - | 9.03% |
| 6 | Conocophillips | 160.35 Bn | 129.38 Bn | 12.63 Bn | 25.32% |
| 7 | Equinor Asa | 101.69 Bn | 14.62 Bn | 4.49 Bn | 57.33% |
| 8 | Canadian Natural Resources | 100.42 Bn | 94.32 Bn | 9.35 Bn | - |
| 9 | Phillips 66 | 97.80 Bn | 82.75 Bn | 10.69 Bn | 25.31% |
| 10 | Expand Energy | 20.31 Bn | 16.69 Bn | 629.00 Mn | 12.07% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 12.07% |
| Jun 30, 2026 | 12.10% |
| Mar 31, 2026 | 14.00% |
| Dec 31, 2025 | 8.43% |
| Sep 30, 2025 | 4.28% |
| Jun 30, 2025 | 1.26% |
| Mar 31, 2025 | -4.00% |
| Dec 31, 2024 | -3.85% |
| Sep 30, 2024 | 2.03% |
| Jun 30, 2024 | 3.48% |
| Mar 31, 2024 | 8.28% |
| Dec 31, 2023 | 19.46% |
| Sep 30, 2023 | 37.55% |
| Jun 30, 2023 | 45.00% |
| Mar 31, 2023 | 65.52% |
| Dec 31, 2022 | 65.10% |
| Sep 30, 2022 | 70.01% |
| Jun 30, 2022 | 44.46% |
| Mar 31, 2022 | -1.35% |
| Dec 31, 2021 | 15.32% |
API Access
Expand Energy Return on Invested Capital [ROIC] 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=return-on-invested-capital-%5Broic%5D&ticker=EXE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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=return-on-invested-capital-%5Broic%5D&ticker=EXE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();