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EXE Expand Energy Corp

Nasdaq, CIK 0000895126, fiscal year ends 12/31. Last price 93.23 on 2026-10-23, market value 21.6 billion dollars.

Machine-readable: EXE.json, EXE.md. Sections: Graham Defensive, Magic Formula, Momentum, Insider, Buffett Quality, Lynch GARP, Graham Enterprising, Piotroski F-Score, earnings record, insiders, filings and links.

Philosophy	Score	Status	Current inputs as of	History used	Price	Verification	Rules
Graham Defensive	41	ok	2025-12-31 stale: Revenue	2013–2025	2026-10-23	2 verified, 4 mismatch, 21 unverified	method
Magic Formula	56	ok	2026-03-31 stale: operating_income_q, debt_incl_current	—	2026-10-23	—	method
Momentum	37	ok	2026-10-23	—	2026-10-23	—	method
Insider	0	no open-market transactions in window	2026-10-23	—	—	—	method
Buffett Quality	57	ok	2026-03-31 stale: debt_incl_current	2016–2025	2026-10-23	0 verified, 45 unverified	method
Lynch GARP	26 partial, missing 1, 2, 5	partial: 1, 2, 5	2026-03-31 stale: debt_incl_current	2025–2025	2026-10-23	0 verified, 4 unverified	method
Graham Enterprising	42 partial, missing 5	partial: 5	2026-06-30	2021–2025	2026-10-23	0 verified, 8 unverified	method
Piotroski F-Score	100	ok, passes all tests	—	2024–2026	—	0 verified, 27 unverified	method

Market value, source trail

market_value = traded_price (price date) / depositary_ratio x latest point-in-time SEC shares outstanding (share-count date shown; from the filing cover page, summed across share classes only where the issuer filing verifies the classes are economically equivalent (rule + evidence URL in the source text), else withheld; priced at the primary listed class, so where other classes trade at a different price the value is an approximation; restated only for issuer-verified splits after the count date); weighted-average share counts are never used

Input	Value	Unit	Period / date	Source
Traded price	93.23	USD per traded unit (share or ADS)	2026-10-23	Yahoo Finance
SEC shares outstanding	231,503,789	underlying shares	2026-07-24	SEC cover page 10-Q 0000895126-26-000047 (231,503,789 shares (single class on cover)); filing document https://www.sec.gov/Archives/edgar/data/895126/000089512626000047/exe-20260630.htm 0000895126-26-000047
Depositary ratio	1.0	underlying shares per traded unit		domestic 10-K filer; SEC shares are the traded units
Market value price date × latest reported shares	21,583,098,248	USD	2026-10-23 shares at 2026-07-24	93.23 (price 2026-10-23) / 1 x 231,503,789 (shares at 2026-07-24) = 21,583,098,248

Graham Defensive

41 of 100. ok. How this is scored.

Test or factor	Value	Threshold	Points
1 Adequate size	12.12 revenue $B	>= 1	5.0 / 5
2a Current ratio	0.96	>= 2.0	0.0 / 15
2b Long-term debt vs working capital working capital not positive	— LTD / WC	<= 1.0	0.0 / 15
3 Positive earnings each of 10 years	5 of 10	10 of 10	7.5 / 15
4 Dividends every year for 20 years 3 year(s) where Yahoo and XBRL disagree	5 of 20 missing 2006, 2007, 2008, 2009, 2010, 2011, 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020 XBRL check: 2 years agree, 3 disagree (2013, 2014, 2015), 15 unverified	20 of 20	3.75 / 15
5 EPS growth, 3-yr avg now vs 10 yrs ago base period average not positive	-8.55 -> 6.65	>= +33%	0.0 / 10
6 P/E on 3-year average EPS	14.0	<= 15	15.0 / 15
7 P/B <= 1.5, or P/E x P/B <= 22.5	P/B 1.11, product 15.6	<= 1.5 or <= 22.5	10.0 / 10

Inputs, 29 numbers with their sources

Input	Value	Period	Source	Check
Price (close, per traded unit)	93.23	2026-10-23	Alpaca Market Data (consolidated SIP daily bar)	not cross-checked
Revenue	12124000000.0	2025-12-31 stale	SEC XBRL Revenues 0000895126-26-000011	unverified
current_assets	2842000000.0	2026-06-30	SEC XBRL AssetsCurrent 0000895126-26-000047	unverified
current_liabilities	2965000000.0	2026-06-30	SEC XBRL LiabilitiesCurrent 0000895126-26-000047	unverified
lt_debt	3685000000.0	2026-06-30	SEC XBRL LongTermDebtNoncurrent 0000895126-26-000047	unverified
equity	19410000000.0	2026-06-30	SEC XBRL StockholdersEquity 0000895126-26-000047	unverified
Net income FY2016	-3493000000.0	2016-12-31 history	SEC XBRL NetIncomeLoss 0000895126-19-000146	unverified
Net income FY2017	-505000000.0	2017-12-31 history	SEC XBRL NetIncomeLoss 0000895126-21-000022	unverified
Net income FY2018	226000000.0	2018-12-31 history	SEC XBRL NetIncomeLoss 0000895126-21-000078	unverified
Net income FY2019	-308000000.0	2019-12-31 history	SEC XBRL NetIncomeLoss 0000895126-22-000029	unverified
Net income FY2020	-9734000000.0	2020-12-31 history	SEC XBRL NetIncomeLoss 0000895126-23-000022	unverified
Net income FY2021	6328000000.0	2021-12-31 history	SEC XBRL NetIncomeLoss 0001104659-26-048155	unverified
Net income FY2022	4936000000.0	2022-12-31 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001104659-26-048155) 0000895126-25-000021	unverified
Net income FY2023	2419000000.0	2023-12-31 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001104659-26-048155) 0000895126-26-000011	unverified
Net income FY2024	-714000000.0	2024-12-31 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001104659-26-048155) 0000895126-26-000011	unverified
Net income FY2025	1819000000.0	2025-12-31 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001104659-26-048155) 0000895126-26-000011	unverified
Dividend years (Yahoo)	[2021, 2022, 2023, 2024, 2025, 2026]	history	Yahoo Finance dividend history	mismatch
Dividends per share FY2013 (XBRL)	0.35	2013-12-31 history	SEC XBRL CommonStockDividendsPerShareDeclared 0000895126-16-000395	mismatch
Dividends per share FY2014 (XBRL)	0.35	2014-12-31 history	SEC XBRL CommonStockDividendsPerShareDeclared 0000895126-17-000068	mismatch
Dividends per share FY2015 (XBRL)	0.0875	2015-12-31 history	SEC XBRL CommonStockDividendsPerShareDeclared 0000895126-18-000060	mismatch
Dividends per share FY2016 (XBRL)	0.0	2016-12-31 history	SEC XBRL CommonStockDividendsPerShareDeclared 0000895126-18-000060	verified
Dividends per share FY2017 (XBRL)	0.0	2017-12-31 history	SEC XBRL CommonStockDividendsPerShareDeclared 0000895126-18-000060	verified
EPS diluted FY2014	1.87	2014-12-31 history	SEC XBRL EarningsPerShareDiluted 0000895126-17-000068	unverified
EPS diluted FY2015	-22.26	2015-12-31 history	SEC XBRL EarningsPerShareDiluted 0000895126-18-000060	unverified
EPS diluted FY2016	-5.26	2016-12-31 history	SEC XBRL EarningsPerShareDiluted 0000895126-19-000146	unverified
EPS diluted FY2023	16.92	2023-12-31 history	SEC XBRL EarningsPerShareDiluted 0000895126-26-000011	unverified
EPS diluted FY2024	-4.55	2024-12-31 history	SEC XBRL EarningsPerShareDiluted 0000895126-26-000011	unverified
EPS diluted FY2025	7.57	2025-12-31 history	SEC XBRL EarningsPerShareDiluted 0000895126-26-000011	unverified
Shares outstanding	231503789.0	2026-07-24	SEC cover page 10-Q 0000895126-26-000047 (231,503,789 shares (single class on cover)); filing document https://www.sec.gov/Archives/edgar/data/895126/000089512626000047/exe-20260630.htm 0000895126-26-000047	not cross-checked

Magic Formula

56 of 100. ok. How this is scored.

Test or factor	Value	Threshold	Points
Earnings yield (EBIT/EV) EBIT trailing twelve months; EV = market cap + debt (5,008,000,000) - cash	14.12 % (rank 2)
Return on capital (EBIT/(NWC+PPE)) net working capital -123,000,000 used as reported	15.05 % (rank 165)
Combined rank	167

Inputs, 13 numbers with their sources

Input	Value	Period	Source	Check
operating_income	2471000000.0	2025-12-31 history	SEC XBRL OperatingIncomeLoss 0000895126-26-000011	not cross-checked
operating_income_q	1531000000.0	2026-03-31 stale	SEC XBRL OperatingIncomeLoss (quarter CY2026Q1) 0000895126-26-000028	not cross-checked
operating_income_q	-268000000.0	2025-03-31 history	SEC XBRL OperatingIncomeLoss (quarter CY2025Q1) 0000895126-26-000028	not cross-checked
operating_income_q	661000000.0	2026-06-30	SEC XBRL OperatingIncomeLoss (quarter CY2026Q2) 0000895126-26-000047	not cross-checked
operating_income_q	1269000000.0	2025-06-30 history	SEC XBRL OperatingIncomeLoss (quarter CY2025Q2) 0000895126-26-000047	not cross-checked
current_assets	2842000000.0	2026-06-30	SEC XBRL AssetsCurrent 0000895126-26-000047	not cross-checked
current_liabilities	2965000000.0	2026-06-30	SEC XBRL LiabilitiesCurrent 0000895126-26-000047	not cross-checked
cash	663000000.0	2026-06-30	SEC XBRL CashAndCashEquivalentsAtCarryingValue 0000895126-26-000047	not cross-checked
ppe_net	24450000000.0	2026-06-30	SEC XBRL PropertyPlantAndEquipmentNet 0000895126-26-000047	not cross-checked
debt_incl_current	5008000000.0	2026-03-31 stale	SEC XBRL LongTermDebt 0000895126-26-000028	not cross-checked
shares_out	231503789.0	2026-07-24	SEC cover page 10-Q 0000895126-26-000047 (231,503,789 shares (single class on cover)); filing document https://www.sec.gov/Archives/edgar/data/895126/000089512626000047/exe-20260630.htm 0000895126-26-000047	not cross-checked
Price (close)	93.23	2026-10-23	Yahoo Finance / Alpaca Market Data	not cross-checked
note	debt = LongTermDebt (incl. current maturities)			not cross-checked

Momentum

37 of 100. ok. How this is scored.

Test or factor	Value	Points
12-1 month return	-14.8 % (percentile 19.4)	9.7 / 50
6 month return	-2.0 % (percentile 37.7)	7.5 / 20
Price / 52-week high	0.772	11.6 / 15
Volatility penalty (60d annualised)	26.2 %	8.5 / 15

Inputs, 1 numbers with their sources

Input	Value	Period	Source	Check
Adjusted close series (14 months)	93.23	2026-10-23	Yahoo Finance / Alpaca Market Data daily history	not cross-checked

Insider

0 of 100. no open-market transactions in window. How this is scored. Form 4 data loaded through 2026-10-23

Test or factor	Value	Points
Open-market buy value / market cap (percentile among buyers)	0.0 bp	0.0 / 35
Distinct buyers	0	0.0 / 25
Buyer seniority	0.0	0.0 / 20
Recency (half-life 30d)	0.0	0.0 / 10
Sales penalty (excludes 10b5-1 plan sales)	0.0 bp	-0.0 / 0

Inputs, 0 numbers with their sources

Input	Value	Period	Source	Check

Buffett Quality

57 of 100. ok. How this is scored.

Test or factor	Value	Threshold	Points
1 Average return on equity (net income / year-end equity)	28.2% over 7 yrs	>= 15%	25.0 / 25
2 Profitable every year	5 of 10	all years	7.5 / 15
3 Net income growth, 3-yr average now vs start of window growth rate undefined	base or latest average not positive	>= +10%	0.0 / 10
4 Borrowings / 3-yr average earnings (years to repay) LongTermDebt (incl. current maturities)	4.3 years	<= 4	14.0 / 15
5 Operating margin, 5-yr average	17.3%	>= 20%	7.8 / 10
6 Free cash flow / net income, 5-yr (operating cash flow minus capex)	0.39	>= 1.0	0.0 / 10
7 Owner-earnings yield (3-yr avg free cash flow / market cap)	3.7%	>= 7%	2.6 / 15

Inputs, 47 numbers with their sources

Input	Value	Period	Source	Check
Price (close, per traded unit)	93.23	2026-10-23	Alpaca Market Data (consolidated SIP daily bar)	not cross-checked
Net income FY2018	226000000.0	2018-12-31 history	SEC XBRL NetIncomeLoss 0000895126-21-000078	unverified
Equity at FY2018 end	2092000000.0	2018-12-31 history	SEC XBRL StockholdersEquity 0000895126-21-000022	unverified
Net income FY2019	-308000000.0	2019-12-31 history	SEC XBRL NetIncomeLoss 0000895126-22-000029	unverified
Equity at FY2019 end	4364000000.0	2019-12-31 history	SEC XBRL StockholdersEquity 0000895126-21-000078	unverified
Net income FY2021	6328000000.0	2021-12-31 history	SEC XBRL NetIncomeLoss 0001104659-26-048155	unverified
Equity at FY2021 end	5671000000.0	2021-12-31 history	SEC XBRL StockholdersEquity 0000895126-25-000021	unverified
Net income FY2022	4936000000.0	2022-12-31 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001104659-26-048155) 0000895126-25-000021	unverified
Equity at FY2022 end	9124000000.0	2022-12-31 history	SEC XBRL StockholdersEquity 0000895126-26-000011	unverified
Net income FY2023	2419000000.0	2023-12-31 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001104659-26-048155) 0000895126-26-000011	unverified
Equity at FY2023 end	10729000000.0	2023-12-31 history	SEC XBRL StockholdersEquity 0000895126-26-000011	unverified
Net income FY2024	-714000000.0	2024-12-31 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001104659-26-048155) 0000895126-26-000011	unverified
Equity at FY2024 end	17565000000.0	2024-12-31 history	SEC XBRL StockholdersEquity 0000895126-26-000047	unverified
Net income FY2025	1819000000.0	2025-12-31 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001104659-26-048155) 0000895126-26-000011	unverified
Equity at FY2025 end	18578000000.0	2025-12-31 history	SEC XBRL StockholdersEquity 0000895126-26-000047	unverified
Net income FY2016	-3493000000.0	2016-12-31 history	SEC XBRL NetIncomeLoss 0000895126-19-000146	unverified
Net income FY2017	-505000000.0	2017-12-31 history	SEC XBRL NetIncomeLoss 0000895126-21-000022	unverified
Net income FY2018	226000000.0	2018-12-31 history	SEC XBRL NetIncomeLoss 0000895126-21-000078	unverified
Net income FY2019	-308000000.0	2019-12-31 history	SEC XBRL NetIncomeLoss 0000895126-22-000029	unverified
Net income FY2020	-9734000000.0	2020-12-31 history	SEC XBRL NetIncomeLoss 0000895126-23-000022	unverified
Net income FY2021	6328000000.0	2021-12-31 history	SEC XBRL NetIncomeLoss 0001104659-26-048155	unverified
Net income FY2022	4936000000.0	2022-12-31 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001104659-26-048155) 0000895126-25-000021	unverified
Net income FY2023	2419000000.0	2023-12-31 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001104659-26-048155) 0000895126-26-000011	unverified
Net income FY2024	-714000000.0	2024-12-31 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001104659-26-048155) 0000895126-26-000011	unverified
Net income FY2025	1819000000.0	2025-12-31 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001104659-26-048155) 0000895126-26-000011	unverified
debt_incl_current	5008000000.0	2026-03-31 stale	SEC XBRL LongTermDebt 0000895126-26-000028	unverified
Operating income FY2021	938000000.0	2021-12-31 history	SEC XBRL OperatingIncomeLoss 0000895126-24-000013	unverified
Revenue FY2021	5549000000.0	2021-12-31 history	SEC XBRL Revenues 0000895126-24-000013	unverified
Operating income FY2022	3780000000.0	2022-12-31 history	SEC XBRL OperatingIncomeLoss 0000895126-25-000021	unverified
Revenue FY2022	11743000000.0	2022-12-31 history	SEC XBRL Revenues 0000895126-25-000021	unverified
Operating income FY2023	3142000000.0	2023-12-31 history	SEC XBRL OperatingIncomeLoss 0000895126-26-000011	unverified
Revenue FY2023	8721000000.0	2023-12-31 history	SEC XBRL Revenues 0000895126-26-000011	unverified
Operating income FY2024	-803000000.0	2024-12-31 history	SEC XBRL OperatingIncomeLoss 0000895126-26-000011	unverified
Revenue FY2024	4235000000.0	2024-12-31 history	SEC XBRL Revenues 0000895126-26-000011	unverified
Operating income FY2025	2471000000.0	2025-12-31 history	SEC XBRL OperatingIncomeLoss 0000895126-26-000011	unverified
Revenue FY2025	12124000000.0	2025-12-31 history	SEC XBRL Revenues 0000895126-26-000011	unverified
Operating cash flow FY2021	1809000000.0	2021-12-31 history	SEC XBRL NetCashProvidedByUsedInOperatingActivities 0000895126-24-000013	unverified
Capital expenditure FY2021	669000000.0	2021-12-31 history	SEC XBRL PaymentsToAcquirePropertyPlantAndEquipment 0000895126-24-000013	unverified
Operating cash flow FY2022	4125000000.0	2022-12-31 history	SEC XBRL NetCashProvidedByUsedInOperatingActivities 0000895126-25-000021	unverified
Capital expenditure FY2022	1823000000.0	2022-12-31 history	SEC XBRL PaymentsToAcquirePropertyPlantAndEquipment 0000895126-25-000021	unverified
Operating cash flow FY2023	2380000000.0	2023-12-31 history	SEC XBRL NetCashProvidedByUsedInOperatingActivities 0000895126-26-000011	unverified
Capital expenditure FY2023	1829000000.0	2023-12-31 history	SEC XBRL PaymentsToAcquirePropertyPlantAndEquipment 0000895126-26-000011	unverified
Operating cash flow FY2024	1565000000.0	2024-12-31 history	SEC XBRL NetCashProvidedByUsedInOperatingActivities 0000895126-26-000011	unverified
Capital expenditure FY2024	1557000000.0	2024-12-31 history	SEC XBRL PaymentsToAcquirePropertyPlantAndEquipment 0000895126-26-000011	unverified
Operating cash flow FY2025	4575000000.0	2025-12-31 history	SEC XBRL NetCashProvidedByUsedInOperatingActivities 0000895126-26-000011	unverified
Capital expenditure FY2025	2736000000.0	2025-12-31 history	SEC XBRL PaymentsToAcquirePropertyPlantAndEquipment 0000895126-26-000011	unverified
Shares outstanding	231503789.0	2026-07-24	SEC cover page 10-Q 0000895126-26-000047 (231,503,789 shares (single class on cover)); filing document https://www.sec.gov/Archives/edgar/data/895126/000089512626000047/exe-20260630.htm 0000895126-26-000047	not cross-checked

Lynch GARP

26 of 100. partial: 1, 2, 5. How this is scored.

Test or factor	Value	Threshold	Points
1 PEG: P/E divided by 5-yr EPS growth (in % points) needs diluted EPS for the last fiscal year and five years earlier	—	<= 1.0	None / 30
2 EPS growth, 5-yr compound rate needs diluted EPS for the last fiscal year and five years earlier	—	12% to 35% a year	None / 20
3 P/E on latest annual EPS	12.3	<= 25	10.0 / 10
4 Borrowings / equity LongTermDebt (incl. current maturities)	0.26	<= 0.5	15.0 / 15
5 Years of the last 5 in which EPS rose needs six consecutive fiscal years of diluted EPS	—	5 of 5	None / 15
6 Net cash (cash minus borrowings) / market cap	-20.1%	>= +10%	1.4 / 10

Inputs, 5 numbers with their sources

Input	Value	Period	Source	Check
Price (close, per traded unit)	93.23	2026-10-23	Alpaca Market Data (consolidated SIP daily bar)	not cross-checked
EPS diluted FY2025	7.57	2025-12-31 history	SEC XBRL EarningsPerShareDiluted 0000895126-26-000011	unverified
debt_incl_current	5008000000.0	2026-03-31 stale	SEC XBRL LongTermDebt 0000895126-26-000028	unverified
equity	19410000000.0	2026-06-30	SEC XBRL StockholdersEquity 0000895126-26-000047	unverified
cash	663000000.0	2026-06-30	SEC XBRL CashAndCashEquivalentsAtCarryingValue 0000895126-26-000047	unverified

Graham Enterprising

42 of 100. partial: 5. How this is scored.

Test or factor	Value	Threshold	Points
1 Current ratio	0.96	>= 1.5	0.0 / 15
2 Borrowings vs working capital working capital not positive	—	<= 1.1x	0.0 / 15
3 No earnings deficit in the last 5 years	4 of 5 profitable	5 of 5	12.0 / 15
4 Pays a current dividend	yes	yes	10.0 / 10
5 EPS higher than five years earlier needs diluted EPS for the last fiscal year and five years earlier	—	higher	None / 10
6 Price / book value per share book value used because intangibles are not separated in the dataset (Graham uses net tangible assets)	1.11	<= 1.2	20.0 / 20
7 Price / net current asset value per share (current assets minus all liabilities) net current asset value not positive	—	<= 0.67	0.0 / 15

Inputs, 11 numbers with their sources

Input	Value	Period	Source	Check
Price (close, per traded unit)	93.23	2026-10-23	Alpaca Market Data (consolidated SIP daily bar)	not cross-checked
current_assets	2842000000.0	2026-06-30	SEC XBRL AssetsCurrent 0000895126-26-000047	unverified
current_liabilities	2965000000.0	2026-06-30	SEC XBRL LiabilitiesCurrent 0000895126-26-000047	unverified
Net income FY2021	6328000000.0	2021-12-31 history	SEC XBRL NetIncomeLoss 0001104659-26-048155	unverified
Net income FY2022	4936000000.0	2022-12-31 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001104659-26-048155) 0000895126-25-000021	unverified
Net income FY2023	2419000000.0	2023-12-31 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001104659-26-048155) 0000895126-26-000011	unverified
Net income FY2024	-714000000.0	2024-12-31 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001104659-26-048155) 0000895126-26-000011	unverified
Net income FY2025	1819000000.0	2025-12-31 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001104659-26-048155) 0000895126-26-000011	unverified
Dividend years (Yahoo)	[2021, 2022, 2023, 2024, 2025, 2026]	history	Yahoo Finance dividend history	not cross-checked
equity	19410000000.0	2026-06-30	SEC XBRL StockholdersEquity 0000895126-26-000047	unverified
Shares outstanding	231503789.0	2026-07-24	SEC cover page 10-Q 0000895126-26-000047 (231,503,789 shares (single class on cover)); filing document https://www.sec.gov/Archives/edgar/data/895126/000089512626000047/exe-20260630.htm 0000895126-26-000047	not cross-checked

Piotroski F-Score

100 of 100. ok. How this is scored.

Test or factor	Value	Threshold	Points
1 Return on assets is positive	6.4%	pass = 1	11.11111111111111 / 11.11111111111111
2 Operating cash flow is positive	4,575M	pass = 1	11.11111111111111 / 11.11111111111111
3 Return on assets improved on the prior year	-2.6% -> 6.4%	pass = 1	11.11111111111111 / 11.11111111111111
4 Operating cash flow exceeds net income (accruals)	4,575M vs 1,819M	pass = 1	11.11111111111111 / 11.11111111111111
5 Long-term debt / assets fell	19.0% -> 17.7%	pass = 1	11.11111111111111 / 11.11111111111111
6 Current ratio improved	0.64 -> 1.01	pass = 1	11.11111111111111 / 11.11111111111111
7 No new shares issued (share count did not rise)	238M -> 232M	pass = 1	11.11111111111111 / 11.11111111111111
8 Operating margin improved (stand-in for gross margin, which the dataset does not carry)	-19.0% -> 20.4%	pass = 1	11.11111111111111 / 11.11111111111111
9 Asset turnover (revenue / assets) improved	0.15 -> 0.43	pass = 1	11.11111111111111 / 11.11111111111111

Inputs, 27 numbers with their sources

Input	Value	Period	Source	Check
net_income 2025-12-31	1819000000.0	2025-12-31 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001104659-26-048155) 0000895126-26-000011	unverified
total_assets 2025-12-31	28287000000.0	2025-12-31 history	SEC XBRL Assets 0000895126-26-000047	unverified
cfo 2025-12-31	4575000000.0	2025-12-31 history	SEC XBRL NetCashProvidedByUsedInOperatingActivities 0000895126-26-000011	unverified
net_income 2025-12-31	1819000000.0	2025-12-31 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001104659-26-048155) 0000895126-26-000011	unverified
net_income 2024-12-31	-714000000.0	2024-12-31 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001104659-26-048155) 0000895126-26-000011	unverified
total_assets 2025-12-31	28287000000.0	2025-12-31 history	SEC XBRL Assets 0000895126-26-000047	unverified
total_assets 2024-12-31	27894000000.0	2024-12-31 history	SEC XBRL Assets 0000895126-26-000011	unverified
cfo 2025-12-31	4575000000.0	2025-12-31 history	SEC XBRL NetCashProvidedByUsedInOperatingActivities 0000895126-26-000011	unverified
net_income 2025-12-31	1819000000.0	2025-12-31 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001104659-26-048155) 0000895126-26-000011	unverified
lt_debt 2025-12-31	5009000000.0	2025-12-31 history	SEC XBRL LongTermDebtNoncurrent 0000895126-26-000047	unverified
lt_debt 2024-12-31	5291000000.0	2024-12-31 history	SEC XBRL LongTermDebtNoncurrent 0000895126-26-000011	unverified
total_assets 2025-12-31	28287000000.0	2025-12-31 history	SEC XBRL Assets 0000895126-26-000047	unverified
total_assets 2024-12-31	27894000000.0	2024-12-31 history	SEC XBRL Assets 0000895126-26-000011	unverified
current_assets 2025-12-31	2916000000.0	2025-12-31 history	SEC XBRL AssetsCurrent 0000895126-26-000047	unverified
current_assets 2024-12-31	1997000000.0	2024-12-31 history	SEC XBRL AssetsCurrent 0000895126-26-000011	unverified
current_liabilities 2025-12-31	2901000000.0	2025-12-31 history	SEC XBRL LiabilitiesCurrent 0000895126-26-000047	unverified
current_liabilities 2024-12-31	3123000000.0	2024-12-31 history	SEC XBRL LiabilitiesCurrent 0000895126-26-000011	unverified
shares_out 2026-07-24	231503789.0	2026-07-24 history	SEC XBRL EntityCommonStockSharesOutstanding 0000895126-26-000047	unverified
shares_out 2025-07-24	238145675.0	2025-07-24 history	SEC XBRL EntityCommonStockSharesOutstanding 0000895126-25-000084	unverified
operating_income 2025-12-31	2471000000.0	2025-12-31 history	SEC XBRL OperatingIncomeLoss 0000895126-26-000011	unverified
operating_income 2024-12-31	-803000000.0	2024-12-31 history	SEC XBRL OperatingIncomeLoss 0000895126-26-000011	unverified
revenue 2025-12-31	12124000000.0	2025-12-31 history	SEC XBRL Revenues 0000895126-26-000011	unverified
revenue 2024-12-31	4235000000.0	2024-12-31 history	SEC XBRL Revenues 0000895126-26-000011	unverified
revenue 2025-12-31	12124000000.0	2025-12-31 history	SEC XBRL Revenues 0000895126-26-000011	unverified
revenue 2024-12-31	4235000000.0	2024-12-31 history	SEC XBRL Revenues 0000895126-26-000011	unverified
total_assets 2025-12-31	28287000000.0	2025-12-31 history	SEC XBRL Assets 0000895126-26-000047	unverified
total_assets 2024-12-31	27894000000.0	2024-12-31 history	SEC XBRL Assets 0000895126-26-000011	unverified

Earnings record

SEC XBRL, by fiscal year (named by the calendar year it ends in); EPS split-adjusted to today's shares; each row links to the filing.

FY	Ended	Revenue, $M	Net income, $M	EPS diluted	Dividend	Filing
2013	2013-12-31	19,080	724	0.73	none	0000895126-16-000395
2014	2014-12-31	23,125	1,917	1.87	none	0000895126-17-000068
2015	2015-12-31	12,764	-14,567	-22.26	none	0000895126-18-000060
2016	2016-12-31	8,705	-3,493	-5.26	none	0000895126-19-000146
2017	2017-12-31	10,039	-505	-139.32	none	0000895126-21-000022
2018	2018-12-31	10,030	226	29.26	none	0000895126-21-000078
2019	2019-12-31	8,532	-308	-49.97	none	0000895126-22-000029
2020	2020-12-31	5,240	-9,734	-998.26	none	0000895126-23-000022
2021	2021-12-31	5,549	6,328	8.12	paid	0001104659-26-048155
2022	2022-12-31	11,743	4,936	33.36	paid	0000895126-25-000021
2023	2023-12-31	8,721	2,419	16.92	paid	0000895126-26-000011
2024	2024-12-31	4,235	-714	-4.55	paid	0000895126-26-000011
2025	2025-12-31	12,124	1,819	7.57	paid	0000895126-26-000011

Insider transactions

SEC Form 4 open-market purchases and sales from the insider data sets; latest 20.

Date	Insider	Role	Type	Shares	Price	Value
2026-06-12	Wichterich Michael	CEO	buy	1,000	88.90	88,900
2026-06-04	Teunissen Marcel	CFO	buy	2,000	92.88	185,760
2026-06-04	Wichterich Michael	CEO	buy	1,000	93.36	93,360
2026-05-07	Teunissen Marcel	CFO	buy	2,000	96.43	192,860

Filings and links

Third-party sites are linked only; nothing from them is stored here.

SEC: filing index, 8-K, Form 4, XBRL companyfacts
Prices: Yahoo Finance, Stooq
Elsewhere: morningstar, finviz, stockanalysis, seeking alpha, openinsider, google news

Cite as: The Claude Trader snapshot 2026-10-26, https://theclaudetrader.com/s/EXE; data from SEC EDGAR XBRL and market prices (Alpaca Market Data, Yahoo Finance) to 2026-10-23. Data last checked 2026-10-26.