Name: Expand Energy Corp. (NASDAQ:EXE) | Statement of Comprehensive Income
Creator: Stock Analysis on Net

Statement of Comprehensive Income

Comprehensive income is the change in equity (net assets) of a business enterprise during a period from transactions and other events and circumstances from non-owners sources. It includes all changes in equity during a period except those resulting from investments by owners and distributions to owners.

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Expand Energy Corp., consolidated statement of comprehensive income

US$ in millions

12 months ended:	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net income (loss)	(714)	2,419)	4,936)	6,328)
Reclassification of losses on settled derivative instruments	—)	—)	—)	3)
Other comprehensive income, net of income tax	—)	—)	—)	3)
Comprehensive income (loss)	(714)	2,419)	4,936)	6,331)

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).

A significant and accelerating decline in profitability is observed for Expand Energy Corp. between the fiscal years ending December 31, 2021, and December 31, 2024. The company transitioned from a position of substantial profitability to a net loss over this four-year interval, reflecting a consistent erosion of the bottom line.

Net Income Trajectory: Net income exhibited a continuous downward trend, decreasing from US$ 6,328 million in 2021 to US$ 4,936 million in 2022, and further declining to US$ 2,419 million in 2023. This trend culminated in a net loss of US$ 714 million for the period ending December 31, 2024.
Comprehensive Income Analysis: Comprehensive income closely mirrors the movement of net income, indicating that other comprehensive income components have an immaterial impact on the total result. A minor reclassification of losses on settled derivative instruments totaling US$ 3 million was recorded in 2021, but no such adjustments are evident in the subsequent three years.
Magnitude of Profitability Decline: The total decrease in comprehensive income from the end of 2021 to the end of 2024 amounts to US$ 7,045 million. The transition from a profit of US$ 2,419 million in 2023 to a loss of US$ 714 million in 2024 represents the most significant period-over-period volatility in the observed timeframe.

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