Expion Energy (XPON)
Market Price (11/13/2026): $2.51 | Market Cap: $2.5 MilSector: Industrials | Industry: Electrical Components & Equipment
Expion Energy (XPON)
Market Price (11/13/2026): $2.51Market Cap: $2.5 MilSector: IndustrialsIndustry: Electrical Components & Equipment
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -36% Valuation becoming less expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -57% Megatrend and thematic driversMegatrends include Battery Technology & Metals, Renewable Energy Transition, and Smart Grids & Grid Modernization. Themes include Advanced Battery Components, Show more. | Weak multi-year price returns2Y Excs Rtn is -122%, 3Y Excs Rtn is -174% | Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -11 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -137% Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -2.4%, Rev Chg QQuarterly Revenue Change % is -32% Significant share based compensationSBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 13% Not cash flow generativeCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -87%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -87% Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -298% High stock price volatilityVol 12M is 141% Key risksXPON key risks include [1] substantial doubt about its financial viability due to a history of significant losses and negative cash flow and [2] intense competition from larger, Show more. |
| Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -36% |
| Valuation becoming less expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -57% |
| Megatrend and thematic driversMegatrends include Battery Technology & Metals, Renewable Energy Transition, and Smart Grids & Grid Modernization. Themes include Advanced Battery Components, Show more. |
| Weak multi-year price returns2Y Excs Rtn is -122%, 3Y Excs Rtn is -174% |
| Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -11 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -137% |
| Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -2.4%, Rev Chg QQuarterly Revenue Change % is -32% |
| Significant share based compensationSBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 13% |
| Not cash flow generativeCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -87%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -87% |
| Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -298% |
| High stock price volatilityVol 12M is 141% |
| Key risksXPON key risks include [1] substantial doubt about its financial viability due to a history of significant losses and negative cash flow and [2] intense competition from larger, Show more. |
Qualitative Assessment
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Nov 12: down 5.9% in one day (S&P 500 down 0.4%)
The stock declined without company-specific news. The S&P 500 also saw a decline that day.
Down 73.7% since its Aug 26 high (S&P 500 down 1.2%)
The stock declined sharply, with drops following the appointment of a new Chief Financial Officer on August 27 and a new Board member on September 1. A significant decline also occurred on November 5 during a broad market downturn.
Nov 12: down 5.9% in one day (S&P 500 down 0.4%)
The stock declined without company-specific news. The S&P 500 also saw a decline that day.
Down 73.7% since its Aug 26 high (S&P 500 down 1.2%)
The stock declined sharply, with drops following the appointment of a new Chief Financial Officer on August 27 and a new Board member on September 1. A significant decline also occurred on November 5 during a broad market downturn.
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Stock Movement Drivers
Fundamental Drivers
The -33.2% change in XPON stock from 7/31/2026 to 11/12/2026 was primarily driven by a -18.4% change in the company's P/S Multiple.| (LTM values as of) | 7312026 | 11122026 | Change |
|---|---|---|---|
| Stock Price ($) | 3.61 | 2.41 | -33.2% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 9 | 8 | -10.5% |
| P/S Multiple | 0.3 | 0.3 | -18.4% |
| Shares Outstanding (Mil) | 1 | 1 | -8.6% |
| Cumulative Contribution | -33.2% |
Market Drivers
7/31/2026 to 11/12/2026| Return | Correlation | |
|---|---|---|
| XPON | -33.2% | |
| Market (SPY) | 1.4% | 12.8% |
| Sector (XLI) | -5.8% | 22.6% |
Fundamental Drivers
The -70.5% change in XPON stock from 4/30/2026 to 11/12/2026 was primarily driven by a -59.4% change in the company's P/S Multiple.| (LTM values as of) | 4302026 | 11122026 | Change |
|---|---|---|---|
| Stock Price ($) | 8.16 | 2.41 | -70.5% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 10 | 8 | -15.0% |
| P/S Multiple | 0.7 | 0.3 | -59.4% |
| Shares Outstanding (Mil) | 1 | 1 | -14.5% |
| Cumulative Contribution | -70.5% |
Market Drivers
4/30/2026 to 11/12/2026| Return | Correlation | |
|---|---|---|
| XPON | -70.5% | |
| Market (SPY) | 5.6% | 13.9% |
| Sector (XLI) | -2.7% | 17.9% |
Fundamental Drivers
The -85.0% change in XPON stock from 10/31/2025 to 11/12/2026 was primarily driven by a -70.8% change in the company's Shares Outstanding (Mil).| (LTM values as of) | 10312025 | 11122026 | Change |
|---|---|---|---|
| Stock Price ($) | 16.08 | 2.41 | -85.0% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 8 | 8 | -2.4% |
| P/S Multiple | 0.5 | 0.3 | -47.3% |
| Shares Outstanding (Mil) | 0 | 1 | -70.8% |
| Cumulative Contribution | -85.0% |
Market Drivers
10/31/2025 to 11/12/2026| Return | Correlation | |
|---|---|---|
| XPON | -85.0% | |
| Market (SPY) | 11.9% | 24.1% |
| Sector (XLI) | 10.2% | 23.9% |
Fundamental Drivers
The -100.0% change in XPON stock from 10/31/2023 to 11/12/2026 was primarily driven by a -99.4% change in the company's Shares Outstanding (Mil).| (LTM values as of) | 10312023 | 11122026 | Change |
|---|---|---|---|
| Stock Price ($) | 4872.00 | 2.41 | -100.0% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 6 | 8 | 36.0% |
| P/S Multiple | 4.6 | 0.3 | -94.0% |
| Shares Outstanding (Mil) | 0 | 1 | -99.4% |
| Cumulative Contribution | -100.0% |
Market Drivers
10/31/2023 to 11/12/2026| Return | Correlation | |
|---|---|---|
| XPON | -100.0% | |
| Market (SPY) | 87.3% | 19.2% |
| Sector (XLI) | 79.1% | 16.0% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| XPON Return | - | -71% | 134% | -100% | -72% | -70% | -100% |
| Peers Return | -9% | -19% | 38% | -14% | 24% | -33% | -27% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 11% | 103% |
Monthly Win Rates [3] | |||||||
| XPON Win Rate | - | 22% | 50% | 8% | 33% | 27% | |
| Peers Win Rate | 54% | 44% | 54% | 46% | 60% | 35% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 45% | |
Max Drawdowns [4] | |||||||
| XPON Max Drawdown | - | - | -42% | -100% | -72% | -78% | |
| Peers Max Drawdown | -38% | -43% | -30% | -33% | -40% | -57% | |
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: ENS, DFLI, FLUX, LCII, PATK.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 11/12/2026 (YTD)
How Low Can It Go
| Event | XPON | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -51.7% | -18.8% |
| % Gain to Breakeven | 106.9% | 23.1% |
| Time to Breakeven | 101 days | 79 days |
| Summer-Fall 2023 Five Percent Yield Shock | ||
| % Loss | -26.5% | -9.5% |
| % Gain to Breakeven | 36.0% | 10.5% |
| Time to Breakeven | 65 days | 24 days |
| 2023 SVB Regional Banking Crisis | ||
| % Loss | -25.8% | -6.7% |
| % Gain to Breakeven | 34.8% | 7.1% |
| Time to Breakeven | 1 days | 31 days |
In The Past
Expion Energy's stock fell -51.7% during the 2025 US Tariff Shock. Such a loss loss requires a 106.9% gain to breakeven.
Preserve Wealth
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Asset Allocation
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| Event | XPON | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -51.7% | -18.8% |
| % Gain to Breakeven | 106.9% | 23.1% |
| Time to Breakeven | 101 days | 79 days |
| Summer-Fall 2023 Five Percent Yield Shock | ||
| % Loss | -26.5% | -9.5% |
| % Gain to Breakeven | 36.0% | 10.5% |
| Time to Breakeven | 65 days | 24 days |
| 2023 SVB Regional Banking Crisis | ||
| % Loss | -25.8% | -6.7% |
| % Gain to Breakeven | 34.8% | 7.1% |
| Time to Breakeven | 1 days | 31 days |
In The Past
Expion Energy's stock fell -51.7% during the 2025 US Tariff Shock. Such a loss loss requires a 106.9% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
About Expion Energy (XPON)
Expion360 Inc. (XPON) specializes in the design, assembly, manufacture, and sale of advanced lithium iron phosphate (LiFePO4) batteries. The company's primary product line, branded VPR 4EVER, provides reliable and durable power solutions across various demanding applications.
Beyond its core battery offerings, Expion360 also supplies a range of related accessories, including industrial tiedowns, battery monitors, terminal blocks, and bus bars, which complement its power systems. These products are tailored for a diverse set of markets, prominently serving recreational vehicles (RVs), marine vessels, golf carts, and industrial equipment. The company also addresses residential and off-the-grid energy needs.
Expion360 distributes its products to a broad customer base, including dealers, wholesalers, and original equipment manufacturers (OEMs) in both domestic and international markets. Further expanding its portfolio, the company is actively developing e360 Home Energy Storage systems, aiming to extend its reach into the rapidly growing residential energy storage sector.
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Here are a few analogies to describe Expion Energy (XPON):
- Imagine Tesla's Powerwall, but tailored specifically for the rugged demands of RVs, boats, and off-grid power systems, alongside home energy storage.
- They're like a premium battery supplier for the outdoor and mobile lifestyle markets—think of them as the 'Duracell of high-performance lithium batteries' for RVs, marine, and industrial off-grid uses.
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- Lithium Iron Phosphate Batteries: Expion360 designs, assembles, manufactures, and sells VPR 4EVER branded lithium iron phosphate batteries and supporting accessories for various applications.
- Industrial Tiedowns: The company provides various models of industrial tiedowns.
- Battery Monitors: Expion360 offers devices designed to monitor battery performance.
- Terminal Blocks: These are electrical connectors used for securing and terminating wires.
- Bus Bars: The company provides electrical conductors used for distributing power.
- e360 Home Energy Storage Systems: These are home energy storage solutions currently under development.
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Expion360 Inc. (XPON) primarily sells its products to other companies. Based on the provided background information, the specific names of its major customer companies are not listed. However, its customers fall into the following categories:
- Dealers
- Wholesalers
- Original Equipment Manufacturers (OEMs)
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Kevin Sellers, Chief Executive Officer
Kevin Sellers was appointed Chief Executive Officer of Expion Energy, Inc. effective August 24, 2026. He is the founder and Managing Member of Cynergy, a boutique investment banking firm in Central Texas specializing in upstream and midstream oil and gas transactions, which he founded in 2009. Under his leadership, Cynergy has been involved in over $5.0 billion in closed or advised transactions. Prior to Cynergy, Mr. Sellers co-founded and served as Managing Partner of KMR Capital, LLC, a boutique energy-focused investment bank, from 2003 to 2009, where he raised debt and equity and launched three independent exploration and production companies. Concurrently, he co-founded and operated the Spyglass exploration and production partnerships.
Shawna Bowin, Chief Financial Officer
Shawna Bowin serves as Chief Financial Officer, a role she assumed on September 8, 2025. She joined Expion360 in 2022 as a Senior Accountant and became the company's Controller in February 2025. Ms. Bowin possesses over 20 years of accounting experience from both public and private companies, having previously worked as Accounting Manager at Hodge Western Corp. and held accounting roles at JTS Animal Bedding and American Licorice Company. She is expected to continue in her role to assist with an orderly transition until approximately October 31, 2026, as the company searches for a new CFO.
Joseph Hammer, Interim Chairman of the Board
Joseph Hammer became the interim Chairman of the Board of Expion Energy, Inc. effective August 24, 2026, after resigning from his position as Chief Executive Officer on the same date. He served as CEO from October 16, 2025, to August 24, 2026. Mr. Hammer has over 20 years of experience as a financial executive, having served as Chief Investing Officer at LHX Corp. since February 2025 and at LH Financial from 2010. He has also been Chairman of the Board for Nasdaq-listed Trailblazer Merger Corporation I since 2023 and a board member of Gratitude Railroad LLC since 2016. He founded The JDH Foundation in 2020 and has served as Chairman of the Executive Committee of Chai Lifeline Inc. since September 2022.
John Yozamp, Founder
John Yozamp founded Expion360 Inc. (initially as Yozamp Products Company, LLC) in 2016. He is recognized as a pioneer in developing recreational concepts for the RV industry. Prior to Expion360, Mr. Yozamp was the founder and owner of Zamp Solar, a company specializing in solar panels and products for RVs, which he sold approximately six years prior to 2022. He developed notable industry innovations such as roof caps and some of the first solar pre-loads.
Brian Schaffner, Co-Founder and Director
Brian Schaffner co-founded Expion360 (which initially operated as a lithium battery products business). He led the company through its NASDAQ IPO in March 2022. His professional background before Expion360 was in the recreational vehicle (RV) and marine battery distribution sector. Mr. Schaffner served as Chief Executive Officer until October 16, 2025, and continues to serve as a member of the board of directors.
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Key Business Risks for Expion Energy (XPON)
- Financial Viability and Going Concern: Expion Energy (Expion360 Inc.) faces substantial doubt about its ability to continue as a going concern due to recurring operating losses, negative operating cash flows, and a significant accumulated deficit. The company has reported declining net sales and widening net losses over recent periods, indicating ongoing struggles to achieve profitability and sustainable operations.
- Customer Concentration: The company is highly dependent on a limited number of customers. A substantial portion of its gross sales and accounts receivable comes from a small group of clients, which exposes Expion Energy to significant revenue volatility if any major customer reduces purchases, delays orders, or shifts to competing suppliers. For instance, two customers accounted for approximately 47% of total sales in Q1 2026, and four customers represented about 60% of 2025 gross sales.
- Supply Chain Dependence and Cost Risks: Expion Energy relies heavily on third-party manufacturers and suppliers in Asia for its lithium iron phosphate batteries and components. This dependence exposes the company to risks associated with supply chain disruptions, potential increases in U.S. tariffs on imported products, and volatile raw material prices, particularly for lithium. These factors can adversely affect the company's costs, gross margins, and overall profitability.
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Increased competition from large, diversified battery manufacturers and integrated energy solution providers. Companies such as Tesla, LG Energy Solution, Samsung SDI, CATL, and Enphase possess significantly greater R&D budgets, manufacturing scale, and global distribution networks. As the market for lithium iron phosphate batteries and energy storage systems expands into residential, off-grid, RV, and marine applications, these major players are increasingly developing and offering comprehensive solutions that directly compete with Expion360's offerings. Their ability to leverage economies of scale for lower production costs, integrate advanced technologies, and bundle products (e.g., solar inverters with battery storage) creates immense competitive pressure, potentially eroding Expion360's market share and pricing power in its niche markets.
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Expion360 Inc. specializes in lithium iron phosphate (LFP) batteries and home energy storage systems for various applications. The addressable markets for their main products and services are sizable and are projected for significant growth:
- Overall Lithium Iron Phosphate (LFP) Battery Market: The global lithium iron phosphate battery market was valued at approximately USD 23.97 billion in 2025 and is projected to reach USD 77.07 billion by 2034, growing at a compound annual growth rate (CAGR) of 12.35% from 2026 to 2034. Another report estimates the global market at USD 47.7 billion in 2026, expanding to USD 116.8 billion by 2033 with a CAGR of 13.6%. The U.S. LFP battery market alone was valued at over USD 5.7 billion in 2024. North America is expected to be the fastest-growing region for LFP batteries from 2026 to 2033, with a projected CAGR of 16.43%.
- Residential Energy Storage Systems (ESS) / Home Energy Storage Systems: The global residential energy storage system market was valued at USD 12.13 billion in 2025 and is projected to grow to USD 52.02 billion by 2034, exhibiting a CAGR of 17.56% from 2026 to 2034. Another estimate places the global market at USD 21.072 billion in 2026, expanding to USD 77.434 billion by 2036. North America held a significant share of the residential energy storage system market, accounting for approximately 35% in 2025. The U.S. residential energy storage market was valued at approximately USD 0.86 billion in 2025 and is projected to reach approximately USD 2.41 billion by 2035.
- Off-Grid Energy Storage Systems: The global off-grid energy storage systems market was valued at around USD 13.53 billion in 2024 and is projected to reach USD 63.36 billion by 2034, growing at a CAGR of roughly 16.70% between 2025 and 2034. Another report estimates the global market at USD 50.46 billion in 2024, anticipated to reach USD 97.15 billion by 2033.
- Recreational Vehicles (RVs) Batteries Market: The global recreational vehicles (RVs) batteries market reached USD 2.86 billion in 2025. The U.S. market specifically reached USD 2.65 billion in 2025. While lead-acid batteries currently dominate this market, there is an increasing adoption of lithium-ion batteries, including LFP, due to their longer lifespan, lighter weight, and off-grid capabilities.
- Marine Lithium-ion Batteries Market: The global marine lithium-ion batteries market, which includes LFP batteries, is expected to grow from USD 519.13 million in 2025 to USD 1235.01 million by 2031 at a 15.54% CAGR.
- Golf Cart Battery Market: The global golf cart battery market is valued at USD 1.49 billion in 2024 and is projected to reach USD 2.21 billion by 2030, growing at a 6.8% CAGR. The global market for lithium-ion golf cart batteries, specifically, is expected to grow from USD 500 million in 2025 to approximately USD 1.8 billion by 2033. North America held the majority share in the global lithium golf cart batteries market, valued at USD 320 million in 2024 and expected to reach USD 880 million in 2035.
- Industrial Lithium Iron Phosphate (LiFePO4) Battery Market: The global industrial lithium iron phosphate (LiFePO4) battery market size was valued at USD 1.0 billion in 2019 and was estimated to grow at a compound annual growth rate (CAGR) of 13.5% from 2019 to 2027.
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Expion Energy (NASDAQ: XPON) is expected to drive future revenue growth over the next 2-3 years through a multifaceted strategy that includes a significant pivot into the oil and gas sector, alongside the continued expansion and innovation within its established lithium iron phosphate battery business.
The key drivers include:
-
Strategic Expansion into Oil and Gas Sector: A major new revenue driver for Expion Energy is its recent entry into the oil and gas exploration sector. The company acquired oil and gas assets in Eastern Louisiana, with plans for exploration and drilling. This strategic pivot, which also led to the company's rebranding from Expion360 Inc. to Expion Energy, Inc., positions the firm to potentially supply natural gas for regional AI data center developments and Gulf Coast LNG export markets.
-
Expansion into New Industrial and Construction Markets: Expion Energy plans to expand its core lithium iron phosphate (LiFePO4) battery business into the industrial and construction sectors. This includes the development of specialized energy storage solutions for applications such as construction sites, through partnerships like the one for the DASGen Hybrid Energy Storage System.
-
Growth Through Original Equipment Manufacturer (OEM) Partnerships: The company continues to focus on expanding its customer base and increasing sales to Original Equipment Manufacturers (OEMs). This strategy has previously driven significant revenue growth and is expected to continue, as evidenced by the expansion of its OEM relationship with Forest River to include additional motorized RV brands.
-
Launch of Next-Generation Lithium Battery Models: Expion Energy is committed to enhancing its product portfolio by launching new lithium battery models. These new models are designed to offer improved energy density at a lower cost, aiming to capture a larger share of the RV, marine, and industrial markets.
-
Development and Commercialization of Home Energy Storage Solutions: The company is actively developing and launching home energy storage solutions, such as the E360 Home Energy Storage Systems. Leveraging its reputation in the recreational and LED markets, Expion Energy aims to grow by offering modular lithium battery storage systems for residential and small commercial solar power applications.
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Share Issuance
- Expion360's issuance of common stock averaged 6.791 million shares annually from fiscal years ending December 2021 to 2025.
- The number of outstanding shares increased by 322.99% in one year.
- In August 2026, Expion Energy closed an initial private placement of $9.0 million in 8% Convertible Debentures and Warrants to purchase up to 2,117,219 common shares.
Inbound Investments
- Expion Energy closed an initial $9.0 million private placement in August 2026 through the issuance of 8% Convertible Debentures and Warrants.
- This private placement includes an option for investors to purchase up to an additional $91.0 million in preferred stock.
- Five Narrow Lane LP, an entity affiliated with Expion's interim Chairman Joseph Hammer, was the lead investor in the August 2026 private placement.
Outbound Investments
- Expion Energy announced a $3.425 million cash acquisition of an oil and gas exploration prospect in Eastern Louisiana, marking its entry into oil and gas production.
- The proceeds from the $9.0 million private placement in August 2026 are primarily intended to fund the acquisition of these oil and gas assets and for general corporate purposes.
Peer Outperformance in Electrical Components & Equipment
null| Industry | Names | 1Y med | 3Y med | 5Y med | Top 3 by 5Y |
|---|---|---|---|---|---|
| Construction & Engineering | 28 | -13.1% | 102.0% | 110.3% | FIX 1052% · STRL 943% · AGX 661% |
| Construction Machinery & Heavy Transportation Equipment | 14 | 12.3% | 66.8% | 100.8% | ALSN 273% · WAB 218% · CAT 214% |
| Marine Transportation | 5 | 17.8% | 34.2% | 94.4% | MATX 141% · KEX 120% |
| Aerospace & Defense | 54 | 2.3% | 56.3% | 60.0% | ATI 1004% · FTAI 897% · HWM 608% |
| Industrial Machinery & Supplies & Components | 71 | 5.6% | 52.1% | 34.6% | CRS 827% · MLI 285% · SYM 255% |
| Rail Transportation | 7 | 33.7% | 77.8% | 34.3% | CSX 59% · UNP 40% · NSC 34% |
| Diversified Support Services | 34 | 18.4% | 42.6% | 32.8% | CXW 176% · OPLN 131% · CACI 128% |
| Trading Companies & Distributors | 19 | 14.8% | 37.2% | 29.1% | DXPE 336% · URI 210% · AIT 195% |
| Building Products | 34 | -2.3% | 10.6% | 16.1% | MOD 833% · GFF 343% · TT 134% |
| Industrial Conglomerates | 17 | 15.4% | 8.4% | 3.7% | CSW 102% · DD 76% · CSL 73% |
| Cargo Ground Transportation | 16 | 35.2% | 17.0% | 3.5% | XPO 288% · R 258% · ARCB 24% |
| Electrical Components & Equipment ← | 39 | -1.7% | 62.3% | 2.5% | POWL 1567% · VRT 689% · BE 491% |
| Office Services & Supplies | 10 | 16.3% | 21.5% | 0.6% | PBI 138% · HNI 39% · MSA 21% |
| Data Processing & Outsourced Services | 6 | -8.7% | 1.7% | -13.2% | EXLS 58% · BR 19% · G -9% |
| Agricultural & Farm Machinery | 16 | 12.0% | -3.0% | -25.0% | DE 102% · TTC 13% · AGCO 1% |
| Research & Consulting Services | 13 | 1.0% | -11.0% | -26.2% | HURN 219% · FCN 36% · BAH 6% |
| Passenger Airlines | 11 | 3.7% | 75.1% | -29.8% | LTM 3143% · UAL 123% · DAL 113% |
| Environmental & Facilities Services | 29 | -16.5% | 27.5% | -33.6% | GEO 237% · CLH 177% · RSG 99% |
| Human Resource & Employment Services | 22 | 20.7% | -14.4% | -41.4% | ADP 49% · FA 18% · PAYX 8% |
| Air Freight & Logistics | 12 | -31.2% | -6.3% | -42.6% | FDX 74% · EXPD 62% · CHRW 60% |
| Security & Alarm Services | 9 | -47.7% | 42.1% | -45.7% | BCO 87% |
| Passenger Ground Transportation | 3 | -26.1% | 32.3% | -50.5% | UBER 53% · CAR -50% · LYFT -69% |
| Airport Services | 4 | -40.6% | -60.2% | -83.3% | JOBY -41% |
Latest Trefis Analyses
| Title | Date | |
|---|---|---|
| DASHBOARDS | ||
| Expion360 Earnings Notes | 12/16/2025 | |
| Would You Still Hold Expion360 Stock If It Fell Another 30%? | 10/17/2025 |
| Title | |
|---|---|
| ARTICLES |
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Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 40.57 |
| Mkt Cap | 2.4 |
| Rev LTM | 1,923 |
| Op Inc LTM | 121 |
| FCF LTM | 96 |
| FCF 3Y Avg | 108 |
| CFO LTM | 136 |
| CFO 3Y Avg | 152 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | -1.3% |
| Rev Chg 3Y Avg | 1.0% |
| Rev Chg Q | -11.6% |
| QoQ Delta Rev Chg LTM | -3.4% |
| Op Inc Chg LTM | 3.7% |
| Op Inc Chg 3Y Avg | 7.7% |
| Op Mgn LTM | -7.0% |
| Op Mgn 3Y Avg | -3.3% |
| QoQ Delta Op Mgn LTM | -0.9% |
| CFO/Rev LTM | -5.4% |
| CFO/Rev 3Y Avg | 1.0% |
| FCF/Rev LTM | -7.1% |
| FCF/Rev 3Y Avg | -0.8% |
Price Behavior
| Market Price | $2.41 | |
| Market Cap ($ Bil) | 0.0 | |
| First Trading Date | 04/01/2022 | |
| Distance from 52W High | -84.2% | |
| 50 Days | 200 Days | |
| DMA Price | $4.17 | $6.05 |
| DMA Trend | down | down |
| Distance from DMA | -42.2% | -60.2% |
| 3M | 1YR | |
| Volatility | 247.4% | 140.8% |
| Downside Capture | -116.64 | 303.15 |
| Upside Capture | -308.44 | 60.62 |
| Correlation (S&P 500) | 13.1% | 22.9% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 2.25 | 3.21 | 0.89 | 1.16 | 2.32 | 1.80 |
| Up Beta | -3.14 | 3.15 | -5.87 | -2.11 | 0.69 | 1.32 |
| Down Beta | 4.50 | 5.59 | 8.23 | 3.35 | 2.87 | 2.34 |
| Up Capture | -30% | 25% | 55% | 24% | 224% | 11% |
| Bmk +ve Days | 12 | 18 | 28 | 62 | 130 | 427 |
| Stock +ve Days | 9 | 16 | 25 | 48 | 102 | 296 |
| Down Capture | 279% | 416% | 68% | 207% | 183% | 114% |
| Bmk -ve Days | 10 | 25 | 36 | 64 | 121 | 325 |
| Stock -ve Days | 12 | 26 | 38 | 73 | 136 | 416 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with XPON | |
|---|---|---|---|---|
| XPON | -84.3% | 140.8% | -0.77 | - |
| Sector ETF (XLI) | 10.9% | 18.3% | 0.41 | 23.6% |
| Equity (SPY) | 11.8% | 13.7% | 0.55 | 23.2% |
| Gold (GLD) | -6.6% | 28.9% | -0.24 | 10.2% |
| Commodities (DBC) | 32.8% | 21.3% | 1.22 | -9.6% |
| Real Estate (VNQ) | 9.8% | 14.2% | 0.41 | 7.0% |
| Bitcoin (BTCUSD) | -28.5% | 43.4% | -0.66 | 16.6% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with XPON | |
|---|---|---|---|---|
| XPON | -80.9% | 155.0% | -0.50 | - |
| Sector ETF (XLI) | 11.6% | 17.8% | 0.49 | 14.9% |
| Equity (SPY) | 11.6% | 17.3% | 0.50 | 16.9% |
| Gold (GLD) | 16.2% | 19.2% | 0.68 | 6.0% |
| Commodities (DBC) | 8.2% | 19.6% | 0.30 | 3.0% |
| Real Estate (VNQ) | 1.4% | 18.9% | -0.04 | 9.7% |
| Bitcoin (BTCUSD) | 3.7% | 51.5% | 0.25 | 10.3% |
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Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with XPON | |
|---|---|---|---|---|
| XPON | -56.3% | 155.0% | -0.50 | - |
| Sector ETF (XLI) | 13.5% | 20.2% | 0.58 | 14.9% |
| Equity (SPY) | 15.5% | 18.0% | 0.73 | 16.9% |
| Gold (GLD) | 11.1% | 16.6% | 0.54 | 6.0% |
| Commodities (DBC) | 7.6% | 18.1% | 0.33 | 3.0% |
| Real Estate (VNQ) | 6.2% | 20.7% | 0.25 | 9.7% |
| Bitcoin (BTCUSD) | 58.4% | 66.3% | 0.98 | 10.3% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Returns Analyses
Earnings Returns History
Updated 9/10/2026| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 8/7/2026 | 2.3% | 4.9% | 59.9% |
| 5/15/2026 | -8.6% | -11.2% | -20.3% |
| 3/17/2026 | -7.2% | -10.8% | 10.1% |
| 1/28/2026 | -6.9% | -17.4% | -27.3% |
| 11/13/2025 | -8.7% | -19.7% | -26.0% |
| 8/13/2025 | 54.2% | 19.1% | -5.3% |
| 5/15/2025 | -3.1% | -19.9% | -4.1% |
| 11/14/2024 | -24.6% | -28.7% | -42.9% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 4 | 3 | 3 |
| # Negative | 12 | 13 | 13 |
| Median Positive | 2.3% | 4.9% | 13.7% |
| Median Negative | -7.9% | -19.5% | -27.3% |
| Max Positive | 54.2% | 19.1% | 59.9% |
| Max Negative | -24.6% | -28.7% | -42.9% |
| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 8/7/2026 | 2.3% | 4.9% | 59.9% |
| 5/15/2026 | -8.6% | -11.2% | -20.3% |
| 3/17/2026 | -7.2% | -10.8% | 10.1% |
| 1/28/2026 | -6.9% | -17.4% | -27.3% |
| 11/13/2025 | -8.7% | -19.7% | -26.0% |
| 8/13/2025 | 54.2% | 19.1% | -5.3% |
| 5/15/2025 | -3.1% | -19.9% | -4.1% |
| 11/14/2024 | -24.6% | -28.7% | -42.9% |
| 8/14/2024 | 2.4% | -15.3% | -34.1% |
| 5/14/2024 | 0.0% | -19.5% | -38.0% |
| 3/28/2024 | -17.6% | -27.9% | -29.5% |
| 11/9/2023 | -3.2% | -13.3% | 13.7% |
| 8/10/2023 | -2.3% | -5.4% | -8.5% |
| 5/11/2023 | -12.9% | -23.3% | -30.9% |
| 11/10/2022 | -8.7% | -20.0% | -23.3% |
| 8/11/2022 | -5.0% | 3.0% | -35.9% |
| SUMMARY STATS | |||
| # Positive | 4 | 3 | 3 |
| # Negative | 12 | 13 | 13 |
| Median Positive | 2.3% | 4.9% | 13.7% |
| Median Negative | -7.9% | -19.5% | -27.3% |
| Max Positive | 54.2% | 19.1% | 59.9% |
| Max Negative | -24.6% | -28.7% | -42.9% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 06/30/2026 | 08/10/2026 | 10-Q |
| 03/31/2026 | 05/15/2026 | 10-Q |
| 12/31/2025 | 03/17/2026 | 10-K |
| 09/30/2025 | 11/13/2025 | 10-Q |
| 06/30/2025 | 08/13/2025 | 10-Q |
| 03/31/2025 | 05/15/2025 | 10-Q |
| 12/31/2024 | 03/31/2025 | 10-K |
| 09/30/2024 | 11/14/2024 | 10-Q |
| 06/30/2024 | 08/14/2024 | 10-Q |
| 03/31/2024 | 05/14/2024 | 10-Q |
| 12/31/2023 | 03/28/2024 | 10-K |
| 09/30/2023 | 11/09/2023 | 10-Q |
| 06/30/2023 | 08/10/2023 | 10-Q |
| 03/31/2023 | 05/11/2023 | 10-Q |
| 12/31/2022 | 03/30/2023 | 10-K |
| 09/30/2022 | 11/10/2022 | 10-Q |
| Report Date | Filing Date | Filing |
|---|---|---|
| 06/30/2026 | 08/10/2026 | 10-Q |
| 03/31/2026 | 05/15/2026 | 10-Q |
| 12/31/2025 | 03/17/2026 | 10-K |
| 09/30/2025 | 11/13/2025 | 10-Q |
| 06/30/2025 | 08/13/2025 | 10-Q |
| 03/31/2025 | 05/15/2025 | 10-Q |
| 12/31/2024 | 03/31/2025 | 10-K |
| 09/30/2024 | 11/14/2024 | 10-Q |
| 06/30/2024 | 08/14/2024 | 10-Q |
| 03/31/2024 | 05/14/2024 | 10-Q |
| 12/31/2023 | 03/28/2024 | 10-K |
| 09/30/2023 | 11/09/2023 | 10-Q |
| 06/30/2023 | 08/10/2023 | 10-Q |
| 03/31/2023 | 05/11/2023 | 10-Q |
| 12/31/2022 | 03/30/2023 | 10-K |
| 09/30/2022 | 11/10/2022 | 10-Q |
| 06/30/2022 | 08/11/2022 | 10-Q |
| 03/31/2022 | 05/12/2022 | 10-Q |
| 12/31/2021 | 04/04/2022 | 424B4 |
| 09/30/2021 | 01/21/2022 | S-1 |
Industry Resources
| Industrials Resources |
| IndustryWeek |
| Manufacturing.net |
| Aviation Week |
| Electrical Components & Equipment Resources |
| EC&M (Electrical Construction & Maintenance) |
| Electrical Contracting News (ECN) |
| EE Times |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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