Expand Energy (EXE) FY2022 results: revenue $11.7 billion, up 102.2% on the year
Expand Energy Corp. (EXE) reported revenue of $11.7 billion for fiscal 2022, the year ended 31 December 2022, up 102.2% on the year before. Net income was $4.9 billion, down 22.0%, and diluted earnings per share $33.36. The figures are the company's own, from the 10-K it filed with the SEC on 22 February 2023.
Revenue
$11.7 billion
+102.2% on the year
FY2015FY2022
Operating margin
32.2%
12.1% a year earlier
FY2015FY2022
Net income
$4.9 billion
-22.0% on the year
FY2015FY2022
Diluted EPS
$33.36
FY2015FY2022
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Operating cash flow
4,125
1,788
1,164
+130.7%
Capital expenditure
1,823
735
1,142
+148.0%
Free cash flow
2,302
1,053
22.0
+118.6%
Free cash flow margin
19.6%
18.1%
0.4%
Cash from investing
-3,401
-916
-992
Cash from financing
-1,446
-237
101
Depreciation and amortisation
1,753
991
1,097
+76.9%
Share-based compensation
22.0
12.0
21.0
+83.3%
Buybacks
1,073
0.0
0.0
Dividends paid
1,212
119
0.0
+918.5%
Diluted shares, weighted
146m
n/a
10m
Balance sheet
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Shareholders' equity
9,124
5,671
-5,341
+60.9%
Non-controlling interest
n/a
n/a
0.0
Debt
3,093
2,278
1,929
+35.8%
Operating lease liabilities
33.0
9.0
2.0
+266.7%
Finance lease liabilities
n/a
0.0
0.0
Other liabilities
3,218
3,051
9,994
+5.5%
Total liabilities and equity
15,468
11,009
6,584
+40.5%
Fixed assets
11,187
8,802
5,242
+27.1%
Cash and equivalents
130
905
279
-85.6%
Receivables
1,438
1,115
746
+29.0%
Other assets
2,713
187
317
+1,350.8%
Total assets
15,468
11,009
6,584
+40.5%
10-K for the year ended 31 December 2022, filed 22 February 2023: the filing.