Question 1

What is Expand Energy's P/E ratio?

Accepted Answer

Expand Energy (EXE) P/E ratio is 7.0× as of July 22, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month earnings (net income), using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/E ratio calculated?

Accepted Answer

P/E = Share Price ÷ Trailing Twelve-Month (TTM) Diluted EPS, or equivalently Market Capitalisation ÷ TTM Net Income. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/E ratio?

Accepted Answer

The price-to-earnings (P/E) ratio, also called the earnings multiple, measures how much investors pay per dollar of a company's trailing twelve-month (TTM) earnings. It is calculated as share price ÷ TTM diluted EPS (equivalent to market capitalisation ÷ TTM net income). A higher P/E implies the market is pricing in stronger future earnings growth or lower risk; a lower P/E can signal slower expected growth, higher risk, or potential undervaluation.

Question 4

What is a good P/E ratio for Expand Energy?

Accepted Answer

There is no universal "good" P/E. As a rule of thumb, the S&P 500 has historically averaged a P/E in the mid-to-high teens; mature, slow-growth businesses commonly trade in the 10–18× range, while high-growth or asset-light companies often trade at 25–50×+. What matters is the comparison to sector peers and to the company's own historical range. For Expand Energy specifically, the relevant sector benchmark is the current sector median of 17.8×.

Question 5

Is Expand Energy's P/E ratio high or low?

Accepted Answer

Expand Energy's P/E ratio of 7.0× is below its own 5-year average of 17.2× and below the sector median of 17.8×. That places the current reading at the 56th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is Expand Energy's historical P/E ratio range?

Accepted Answer

In the available daily series, Expand Energy (EXE) P/E ratio has ranged from a low of 0.0× in 2006 to a high of 127.5× in 2025. The 5-year average is 17.2× and the 5-year median is 4.2×.

Question 7

What was Expand Energy's P/E ratio in 2025?

Accepted Answer

Expand Energy (EXE) P/E ratio at the end of 2025 was 14.5×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month earnings figure available at that date.

Question 8

Why does Expand Energy's P/E ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (earnings). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$26.3B	$1.82B	14.5×	—	Dec 31, 2025
2024	$23B	-$714M	—	—	Dec 31, 2024
2023	$10.1B	$2.42B	4.2×	+1.6×	Dec 31, 2023
2022	$12.7B	$4.94B	2.6×	+1.4×	Dec 31, 2022
2021	$7.61B	$6.33B	1.2×	—	Dec 31, 2021
2020	$419M	-$9.73B	—	—	Dec 31, 2020
2019	$417M	-$308M	—	—	Dec 31, 2019
2018	$195M	$135M	1.4×	+1.2×	Dec 31, 2018
2017	$194M	$949M	0.2×	—	Dec 31, 2017
2016	$163M	-$4.39B	—	—	Dec 31, 2016
2015	$142M	-$14.7B	—	—	Dec 31, 2015
2014	$141M	$1.92B	0.1×	-0.1×	Dec 31, 2014
2013	$140M	$724M	0.2×	—	Dec 31, 2013
2012	$138M	-$768M	—	—	Dec 31, 2012
2011	$137M	$1.74B	0.1×	+0.0×	Dec 31, 2011
2010	$135M	$1.78B	0.1×	—	Dec 31, 2010
2009	$132M	-$5.83B	—	—	Dec 31, 2009
2008	$121M	$734M	0.2×	+0.1×	Dec 31, 2008
2007	$102M	$1.45B	0.1×	+0.0×	Dec 31, 2007
2006	$90.9M	$1.99B	0.0×	-0.0×	Dec 31, 2006
2005	$68.9M	$944M	0.1×	-0.0×	Dec 31, 2005
2004	$60.2M	$515M	0.1×	-0.0×	Dec 31, 2004
2003	$47.9M	$313M	0.2×	-0.8×	Dec 31, 2003
2002	$39M	$40.3M	1.0×	—	Dec 31, 2002


Diamondback Energy (FANG)	138.8×
Texas Pacific Land (TPL)	65.0×
Chevron (CVX)	37.2×
Enphase Energy (ENPH)	36.8×
Williams Companies (WMB)	31.4×
Targa Resources (TRGP)	25.4×
SLB (SLB)	23.3×
ConocoPhillips (COP)	22.1×
Enbridge (ENB)	21.6×
Baker Hughes (BKR)	19.4×
NACCO Industries (NC)	18.1×
Phillips 66 (PSX)	17.8×
Halliburton (HAL)	17.7×
Valero Energy (VLO)	17.5×
ONEOK (OKE)	16.1×
Marathon Petroleum (MPC)	15.6×
EOG Resources (EOG)	14.0×
Devon Energy (DVN)	13.8×
Energy Transfer LP (ET)	13.7×
Occidental Petroleum (OXY)	13.5×
National Fuel Gas (NFG)	13.0×
APA (APA)	9.8×

P/E Ratio for Expand Energy (EXE) 2002-2026

P/E Ratio daily chart for Expand Energy (EXE)

Historical P/E Ratio for Expand Energy (EXE) from 2002 to 2025

About P/E Ratio at Expand Energy (EXE)

Expand Energy P/E Ratio by Year

Expand Energy P/E Ratio 2025: 14.5×

Expand Energy P/E Ratio 2023: 4.2×

Expand Energy P/E Ratio 2022: 2.6×

Expand Energy P/E Ratio 2021: 1.2×

Expand Energy P/E Ratio 2018: 1.4×

Sector peers by P/E Ratio — chart

Sector peers by P/E Ratio — table

Frequently asked questions

Expand Energy (EXE) Key Financials