Expand EnergyEXEEZ 56 ROE % is 24.32% as of Mar. 2026, which is 142% above its 10-year median of 10.07. GuruFocus rates EXEEZ with a GF Score™ of 56/100. The stock has 3 warning signs investors should review. Among 957 Oil & Gas companies, Expand Energy ranks better than 80.56% on this metric.
ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Expand Energy's annualized net income for the quarter that ended in Mar. 2026 was $4,636.00 Mil. Expand Energy's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was $19,062.00 Mil. Therefore, Expand Energy's annualized ROE % for the quarter that ended in Mar. 2026 was 24.32%.
The historical rank and industry rank for Expand Energy's ROE % or its related term are showing as below:
EXEEZ'
s ROE % Range Over the Past 10 Years
Min: -1087.98 Med: 10.07 Max: 66.73
Current: 17.65
During the past 13 years, Expand Energy's highest ROE % was 66.73%. The lowest was -1,087.98%. And the median was 10.07%.
EXEEZ's ROE % is ranked better than 80.56% of 957
companies
in the Oil & Gas industry
Industry Median: 5.74
vs EXEEZ: 17.65
Expand Energy (NAS:EXEEZ) ROE % Explanation
ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.
The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:
Note:
The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Be Aware
Net Income is used.
Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.
Expand Energy ROE % Related Terms
Expand Energy ROE % Historical Data
* Premium members only.
The historical data trend for Expand Energy's ROE % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Oil & Gas E&P subindustry, Expand Energy's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Expand Energy ROE % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Expand Energy's ROE % distribution charts can be found below:
* The bar in red indicates where Expand Energy's ROE % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Mar. 2026) net income data.
ROE % is displayed in the 30-year financial page.
Expand Energy (EXEEZ) has a ROE % of 24.32% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Expand Energy and its competitors. This is 142% above median its historical median of 10.07. According to the industry distribution chart, Expand Energy ranks #186 out of 957 companies in the Oil & Gas industry, placing it in the top 19.4%.
Is Expand Energy's ROE % too high?
Expand Energy's current ROE % of 24.32% is 142% above median its 10-year median of 10.07. The Oil & Gas industry median ROE % is 5.74. Expand Energy's value of 24.32% is 323.7% above this industry median. Based on the distribution chart, Expand Energy ranks #186 out of 957 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Expand Energy has a GF Score™ of 56/100, reflecting its overall financial health beyond just this single metric.
How does Expand Energy's ROE % compare to TPL and PR?
According to the Oil & Gas industry distribution chart, Expand Energy ranks #186 out of 957 companies for ROE %. This places Expand Energy in the top 19% of its industry — outperforming the majority of peers. The industry median ROE % is 5.74. Expand Energy's value of 24.32% is 323.7% above this benchmark. While the company's 10-year median is 10.07 vs. the industry median of 5.74, Expand Energy has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for an Oil & Gas company?
The median ROE % among Oil & Gas companies is 5.74, based on 957 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Expand Energy's current ROE % of 24.32% is 323.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Expand Energy and its competitors. For the Oil & Gas industry, the median ROE % is 5.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Expand Energy's current ROE % is 24.32%, which is 142% above median its own 10-year median of 10.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Expand Energy stock overvalued right now?
Expand Energy (EXEEZ) has a current ROE % of 24.32%. The current ROE % is 24.32%, which is 142% above median its 10-year median of 10.07 and 323.7% above the Oil & Gas industry median of 5.74. Expand Energy's overall GF Score™ is 56/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Expand Energy (EXEEZ), the current ROE % is 24.32% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Expand Energy is a North American natural gas producer in the Haynesville and Appalachian basins, formed by the combination of Chesapeake and Southwestern. Its largest operation by volume is the Haynesville basin in Louisiana, which is heavily exposed to nearby LNG production. Appalachia benefits from its proximity to population centers in the Northeast and mid-Atlantic regions.
56GF Score
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