Enterprise Value to EBITDA (EV/EBITDA)
Earnings before Interest, Tax, Depreciation and Amortization (EBITDA)
Expand Energy Corp., EBITDA calculation
US$ in millions
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31).
| Item | Description | The company |
|---|---|---|
| EBITDA | To calculate EBITDA analysts start with net earnings. To that earnings number, interest, taxes, depreciation, and amortization are added. EBITDA as a pre-interest number is a flow to all providers of capital. | Expand Energy Corp. EBITDA decreased from 2022 to 2023 and from 2023 to 2024. |
Enterprise Value to EBITDA Ratio, Current
Expand Energy Corp., current EV/EBITDA calculation, comparison to benchmarks
| Selected Financial Data (US$ in millions) | |
| Enterprise value (EV) | 29,351) |
| Earnings before interest, tax, depreciation and amortization (EBITDA) | 1,011) |
| Valuation Ratio | |
| EV/EBITDA | 29.03 |
| Benchmarks | |
| EV/EBITDA, Competitors1 | |
| Chevron Corp. | 5.67 |
| ConocoPhillips | 5.33 |
| Exxon Mobil Corp. | 6.45 |
| Occidental Petroleum Corp. | 5.39 |
| EV/EBITDA, Sector | |
| Oil, Gas & Consumable Fuels | 6.11 |
| EV/EBITDA, Industry | |
| Energy | 6.13 |
Based on: 10-K (reporting date: 2024-12-31).
1 Click competitor name to see calculations.
If the company EV/EBITDA is lower then the EV/EBITDA of benchmark then company is relatively undervalued.
Otherwise, if the company EV/EBITDA is higher then the EV/EBITDA of benchmark then company is relatively overvalued.
Enterprise Value to EBITDA Ratio, Historical
Expand Energy Corp., historical EV/EBITDA calculation, comparison to benchmarks
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Enterprise value (EV)1 | 29,120) | 11,842) | 13,638) | 9,771) | |
| Earnings before interest, tax, depreciation and amortization (EBITDA)2 | 1,011) | 4,748) | 5,564) | 7,297) | |
| Valuation Ratio | |||||
| EV/EBITDA3 | 28.80 | 2.49 | 2.45 | 1.34 | |
| Benchmarks | |||||
| EV/EBITDA, Competitors4 | |||||
| Chevron Corp. | 6.50 | 6.34 | 4.74 | 7.18 | |
| ConocoPhillips | 5.91 | 5.64 | 3.82 | 6.34 | |
| Exxon Mobil Corp. | 6.88 | 5.81 | 4.54 | 7.07 | |
| Occidental Petroleum Corp. | 6.22 | 5.41 | 3.70 | 5.30 | |
| EV/EBITDA, Sector | |||||
| Oil, Gas & Consumable Fuels | 6.71 | 5.81 | 4.35 | 6.50 | |
| EV/EBITDA, Industry | |||||
| Energy | 6.76 | 6.01 | 4.60 | 6.74 | |
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31).
3 2024 Calculation
EV/EBITDA = EV ÷ EBITDA
= 29,120 ÷ 1,011 = 28.80
4 Click competitor name to see calculations.
| Valuation ratio | Description | The company |
|---|---|---|
| EV/EBITDA | Enterprise value to earnings before interest, tax, depreciation and amortization is a valuation indicator for the overall company rather than common stock. | Expand Energy Corp. EV/EBITDA ratio increased from 2022 to 2023 and from 2023 to 2024. |