EXE Expand Energy margins

Relative Growth: Rel. Growth:
Relative Strength: Rel. Strength:
Relative Valuation: Rel. Valuation:
Relative Profitability: Rel. Profitability: 90
Gross margin
51.3%
Operating margin
25.7%
EBITDA margin
47.5%
Net margin
19.8%

Recent Expand Energy shows a gross margin of 51.3%, an operating margin of 25.7%, an EBITDA margin of 47.5%, and a net margin of 19.8%. All measured margins increased year over year, led by operating margin with an increase of 13.4 percentage points.

EXE margin history

Gross, operating, EBITDA and net margin trends

Over the last 3 years, Expand Energy's margins averaged 47.33% gross, 13.02% operating, 41.48% EBITDA, and 9.31% net. All four current margins are above their three-year averages.

EXE margin expansion

Year-over-year margin changes in percentage points

Gross margin expanded by 6 percentage points, operating margin by 13.4 percentage points, EBITDA margin by 8 percentage points, and net margin by 11.8 percentage points, led by operating margin with an increase of 13.4 percentage points.

Gross margin expansion
6pp
Operating margin expansion
13.4pp
EBITDA margin expansion
8pp
Net margin expansion
11.8pp

EXE Gross margin

Over the last 3 years, Expand Energy recorded an average gross margin of 47.33%. At present, Expand Energy's current gross margin is 51.3%, which is 4 percentage points above its three-year average. The highest gross margin for Expand Energy was 57.5% in Dec 2023, while the lowest was 30.2% in Mar 2025.

EXE Operating margin

Looking at the last 3 years, Expand Energy had an average operating margin of 13.02%. Against its three-year average, Expand Energy's operating margin is currently 25.7%, 12.7 percentage points above its three-year average. Looking back over the last 3 years, Expand Energy's operating margin reached 36% at its highest point in Dec 2023 and -20.6% at its lowest in Mar 2025.

EXE EBITDA margin

Over the last 3 years, the average EBITDA margin for Expand Energy was 41.48%. The current EBITDA margin stands at 47.5%, 6 percentage points above its three-year average. Expand Energy's EBITDA margin ranged from a low of 18.9% in Mar 2025 to a high of 54.4% in Dec 2023.

EXE Net margin

Expand Energy recorded an average net margin of 9.31% across the last 3 years. Compared with its three-year average, Expand Energy's current net margin is 19.8% and is 10.5 percentage points above its three-year average. Over the last 3 years, Expand Energy's net margin peaked at 27.7% in Dec 2023 and reached a low of -18.5% in Mar 2025.

EXE margin group comparison

Margins compared with peer-group, industry and sector averages

Expand Energy's gross margin of 51.3% is above the Energy sector and its peers average but below the industry average. Compared to its Energy sector average of 42.7%, Expand Energy's gross margin is 20% higher.

EXE margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is Expand Energy's gross margin?

The current gross margin for EXE is 51.3% as of Sep 30, 2026.

What is Expand Energy's operating margin?

As of Sep 30, 2026, EXE has an operating margin of 25.7%.

What is Expand Energy's EBITDA margin?

As of Sep 30, 2026, EXE has an EBITDA margin of 47.5%.

What is Expand Energy's net margin?

The current net margin for EXE is 19.8% as of Sep 30, 2026.

What are the average margins of EXE?

Over the last 3 years, Expand Energy's margins averaged 47.3% gross, 13.0% operating, 41.5% EBITDA, and 9.3% net.

What are the highest historical margins of EXE?

Within the 5-year period, EXE recorded its highest margins at 61.1% gross in Jun 2023, 45.1% operating in Mar 2023, 57.9% EBITDA in Jun 2023, and 50% net in Mar 2023.

What are the lowest historical margins of EXE?

Over this 5-year history, Expand Energy's margins fell as low as 26.7% gross in Mar 2022, -20.6% operating in Mar 2025, 18.9% EBITDA in Mar 2025, and -18.5% net in Mar 2025.