Debt to Equity Ratio: 0.26
Is the debt to equity ratio high or low?
The debt to equity ratio of 0.26 is 17% below its 5-year average of 0.31, near the low end of its 5-year range (0.20–0.53).
As of Wednesday, June 24, 2026. 8.16% below its 12-month average of 0.28.
EXE Debt to Equity Ratio
Reported quarterly debt to equity ratio; no daily interpolation.
EXE Average Debt to Equity Ratio Chart
EXE Current vs Average Debt to Equity Ratio Chart
EXE Debt to Equity Ratio Metrics
DEBT TO EQUITY RATIO
0.26
DEBT TO EQUITY RATIO AVG TTM
0.28
DEBT TO EQUITY RATIO AVG 3Y
0.24
DEBT TO EQUITY RATIO AVG 5Y
0.31
DEBT TO EQUITY RATIO AVG 10Y
0.24
DEBT TO EQUITY RATIO AVG 15Y
0.49
DEBT TO EQUITY RATIO AVG 20Y
0.63
CURRENT VS TTM AVG
-8.16%
CURRENT VS 3Y AVG
+6.80%
CURRENT VS 5Y AVG
-16.62%
CURRENT VS 10Y AVG
+8.01%
CURRENT VS 15Y AVG
-47.61%
CURRENT VS 20Y AVG
-58.76%
EXE Competitors' Debt to Equity Ratio
| NAME | MARKET CAP | DEBT TO EQUITY RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Expand Energy Corporation (EXE) | $21.20B | 0.26 | 0.28 | 0.24 | 0.31 |
| Coterra Energy Inc. (CTRA)vs › | $24.72B | 0.27 | 0.28 | 0.24 | 0.30 |
| Halliburton Company (HAL)vs › | $28.32B | 0.78 | 0.80 | 0.92 | 1.23 |
| Tenaris S.A. (TS)vs › | $30.33B | 0.03 | 0.04 | 0.03 | 0.04 |
| APA Corporation (APA)vs › | $11.78B | 0.79 | 0.98 | 4.31 | 4.31 |
| Antero Midstream Corporation (AM)vs › | $10.52B | 1.63 | 1.55 | 1.53 | 1.46 |
| EQT Corporation (EQT)vs › | $32.20B | 0.33 | 0.39 | 0.42 | 0.47 |
| Enphase Energy, Inc. (ENPH)vs › | $6.30B | 1.14 | 1.37 | 1.42 | 1.47 |
| Weatherford International plc (WFRD)vs › | $6.08B | 1.03 | 1.21 | 2.29 | 2.98 |
| California Resources Corp (CRC)vs › | $4.74B | 0.37 | 0.36 | 0.34 | 0.38 |
Financial Health
Debt/Equity
0.26
Current Ratio
1.01
Debt to Equity Ratio Formula & Definition
Debt to Equity measures financial leverage by comparing total debt to shareholders' equity.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Debt to Equity Ratio FAQ
- What is the debt to equity ratio for Expand Energy Corporation (EXE)?
- The debt to equity ratio for EXE stock is 0.26.
- Is Expand Energy Corporation's debt to equity ratio high or low?
- The debt to equity ratio of 0.26 is 17% below its 5-year average of 0.31, near the low end of its 5-year range (0.20–0.53).
- What is the TTM average debt to equity ratio for Expand Energy Corporation (EXE)?
- The TTM average debt to equity ratio for EXE stock is 0.28.
- What is the 3Y average debt to equity ratio for Expand Energy Corporation (EXE)?
- The 3Y average debt to equity ratio for EXE stock is 0.24.
- What is the 5Y average debt to equity ratio for Expand Energy Corporation (EXE)?
- The 5Y average debt to equity ratio for EXE stock is 0.31.
- What is the 10Y average debt to equity ratio for Expand Energy Corporation (EXE)?
- The 10Y average debt to equity ratio for EXE stock is 0.24.
- What is the 15Y average debt to equity ratio for Expand Energy Corporation (EXE)?
- The 15Y average debt to equity ratio for EXE stock is 0.49.
- What is the 20Y average debt to equity ratio for Expand Energy Corporation (EXE)?
- The 20Y average debt to equity ratio for EXE stock is 0.63.
EXE Debt to Equity Ratio History
| DATE | DEBT TO EQUITY RATIO |
|---|---|
| 2026-03-31 | 0.26 |
| 2025-12-31 | 0.27 |
| 2025-09-30 | 0.28 |
| 2025-06-30 | 0.29 |
| 2025-03-31 | 0.31 |
| 2024-12-31 | 0.33 |
| 2024-09-30 | 0.20 |
| 2024-06-30 | 0.20 |
| 2024-03-31 | 0.20 |
| 2023-12-31 | 0.20 |
| 2023-09-30 | 0.21 |
| 2023-06-30 | 0.20 |
| 2023-03-31 | 0.21 |
| 2022-12-31 | 0.35 |
| 2022-09-30 | 0.43 |
| 2022-06-30 | 0.53 |
| 2022-03-31 | 0.52 |
| 2021-12-31 | 0.41 |
| 2021-09-30 | 0.42 |
| 2021-06-30 | 0.37 |
| 2021-03-31 | 0.33 |
| 2020-12-31 | -0.37 |
| 2020-09-30 | -1.85 |
| 2020-06-30 | -0.46 |
| 2020-03-31 | -2.43 |
| 2019-12-31 | 2.18 |
| 2019-09-30 | 2.00 |
| 2019-06-30 | 2.33 |
| 2019-03-31 | 2.34 |
| 2018-12-31 | 3.69 |
| 2018-09-30 | -60.57 |
| 2018-06-30 | -40.29 |
| 2018-03-31 | -42.62 |
| 2017-12-31 | -20.11 |
| 2017-09-30 | -10.34 |
| 2017-06-30 | -10.50 |
| 2017-03-31 | -6.53 |
| 2016-12-31 | -7.15 |
| 2016-09-30 | -8.13 |
| 2016-06-30 | -301.53 |
| 2016-03-31 | 7.96 |
| 2015-12-31 | 5.01 |
| 2015-09-30 | 2.71 |
| 2015-06-30 | 1.29 |
| 2015-03-31 | 0.88 |
| 2014-12-31 | 0.69 |
| 2014-09-30 | 0.72 |
| 2014-06-30 | 0.72 |
| 2014-03-31 | 0.80 |
| 2013-12-31 | 0.81 |
| 2013-09-30 | 0.80 |
| 2013-06-30 | 0.82 |
| 2013-03-31 | 0.87 |
| 2012-12-31 | 0.82 |
| 2012-09-30 | 1.06 |
| 2012-06-30 | 0.82 |
| 2012-03-31 | 0.79 |
| 2011-12-31 | 0.65 |
| 2011-09-30 | 0.72 |
| 2011-06-30 | 0.65 |
| 2011-03-31 | 0.66 |
| 2010-12-31 | 0.83 |
| 2010-09-30 | 0.75 |
| 2010-06-30 | 0.71 |
| 2010-03-31 | 1.00 |
| 2009-12-31 | 1.07 |
| 2009-09-30 | 1.01 |
| 2009-06-30 | 1.13 |
| 2009-03-31 | 1.09 |
| 2008-12-31 | 0.77 |
| 2008-09-30 | 0.87 |
| 2008-06-30 | 1.33 |
| 2008-03-31 | 1.07 |
| 2007-12-31 | 0.90 |
| 2007-09-30 | 0.91 |
| 2007-06-30 | 0.81 |
| 2007-03-31 | 0.76 |
| 2006-12-31 | 0.66 |
| 2006-09-30 | 0.77 |
| 2006-06-30 | 0.70 |
| 2006-03-31 | 0.88 |
| 2005-12-31 | 0.89 |
| 2005-09-30 | 1.01 |
| 2005-06-30 | 1.11 |
| 2005-03-31 | 1.27 |
| 2004-12-31 | 0.97 |
| 2004-09-30 | 0.98 |
| 2004-06-30 | 1.09 |
| 2004-03-31 | 0.95 |
| 2003-12-31 | 1.19 |
| 2003-09-30 | 1.28 |
| 2003-06-30 | 1.35 |
| 2003-03-31 | 1.42 |
| 2002-12-31 | 1.82 |
| 2002-09-30 | 2.03 |
| 2002-06-30 | 1.81 |
Related Metrics
About Expand Energy Corporation
Expand Energy Corporation functions as an independent entity primarily focused on the discovery and extraction of energy resources throughout the United States. Its core operations involve the acquisition, exploration, and subsequent development of properties to produce crude oil, natural gas, and associated liquid hydrocarbons from subterranean geological formations. The company maintains significant interests in key natural gas production areas, specifically within Pennsylvania's northern Appalachian Basin (Marcellus Shale) and northwestern Louisiana (Haynesville/Bossier Shales). As of December 31, 2023, its asset base featured a diverse collection of onshore U.S. unconventional natural gas properties, including ownership stakes in approximately 5,000 natural gas wells. Established in 1989 and based in Oklahoma City, Oklahoma, the corporation was formerly known as Chesapeake Energy Corporation before officially adopting the Expand Energy Corporation name in October 2024.
- Sector
- Energy
- Industry
- Oil & Gas Exploration & Production
- CEO
- Michael A. Wichterich