Expedia Group, Inc. (EXPE)

Expedia Group, Inc. operates as an online travel company in the United States and internationally. The company operates through B2C, B2B, and trivago segments. The B2C segment includes Brand Expedia, a full-service online travel brand offers various travel products and services; Hotels.com for lodging accommodations; Vrbo, an online marketplace for the alternative accommodations; and Orbitz, Travelocity, ebookers, and Wotif Group. The B2B segment provides various travel and non-travel companies including airlines, offline travel agents, online retailers, corporate travel management, and financial institutions who leverage its travel technology and tap into its diverse supply to augment their offerings and market Expedia Group rates and availabilities to its travelers. The trivago segment sends referrals to online travel companies and travel service providers from hotel metasearch websites. In addition, it provides brand advertising through online and offline channels, loyalty programs, mobile apps, and search engine marketing, as well as metasearch, social media, direct and personalized traveler communications on its websites, and through direct e-mail communication with its travelers. The company was formerly known as Expedia, Inc. and changed its name to Expedia Group, Inc. in March 2018. Expedia Group, Inc. was founded in 1996 and is headquartered in Seattle, Washington.

Symbol
EXPE
Exchange
Nasdaq
Sector
Consumer Cyclical
Industry
Travel Services
Market cap
$30.34B
52 week range
185.34 - 342

Valuation

Share price
$265.00 (close of 2026-10-02)
P/E (TTM)
16.04x
Price to book
12.28x
Price to free cash flow
6.80x
Enterprise value
$28.89B
Book value per share
$21.59

Price performance

PeriodChange
1 day+0.89%
5 days+0.31%
1 month-13.98%
3 months-1.37%
6 months+17.62%
Year to date-6.46%
1 year+21.73%
3 years+159.68%
5 years+56.08%
10 years+127.04%
All time+451.62%

Members of Congress who disclosed EXPE trades

Alan Armstrong

Super investors holding EXPE

Ken Griffin (Citadel) · Samantha McLemore (Patient Capital Management, LLC) · Ray Dalio (Bridgewater Associates) · Richard Pzena (Pzena Investment Management)

Profitability and growth

Return on equity
50.80%
Return on invested capital
48.96%
Return on assets
5.29%
Return on capital employed
24.00%
Gross margin
67.77%
Net margin
8.78%
EBITDA margin
18.72%
Revenue growth
7.61%
Net income growth
4.86%
Free cash flow growth
33.53%

Cash flow and balance sheet

Free cash flow yield (TTM)
14.70%
Current ratio
0.80x
Net debt to EBITDA
-0.39x

Latest reported year

Period end
2025-12-31
Fiscal year
2025
Revenue
$14.73B
Cost of revenue
$4.75B
Gross profit
$9.98B
EBITDA
$2.76B
Net income
$1.29B
Earnings per share
$10.32
Shares outstanding
125.36M

Income statement by year

Period endRevenueGross profitNet incomeEPS
2025-12-31$14.73B$9.98B$1.29B$10.32
2024-12-31$13.69B$8.97B$1.23B$9.39
2023-12-31$12.84B$7.91B$797.00M$5.50
2022-12-31$11.67B$7.26B$352.00M$2.24
2021-12-31$8.60B$4.39B$12.00M$-1.80
2020-12-31$5.20B$397.00M-$2.61B$-19.00
2019-12-31$12.07B$9.90B$565.00M$3.84
2018-12-31$11.22B$9.26B$406.00M$2.71
2017-12-31$10.06B$8.30B$378.00M$2.49
2016-12-31$8.77B$7.18B$282.00M$1.87

Margins and returns by year

Period endGross marginNet marginReturn on equityReturn on capital
2025-12-3167.77%8.78%50.80%48.96%
2024-12-3165.52%9.01%44.09%20.65%
2023-12-3161.62%6.21%28.61%13.78%
2022-12-3162.24%3.02%9.44%14.50%
2021-12-3151.06%0.14%0.34%2.29%
2020-12-317.64%-50.24%-86.95%-27.10%
2019-12-3182.08%4.68%10.21%9.61%
2018-12-3182.49%3.62%7.18%9.09%
2017-12-3182.53%3.76%6.17%8.21%
2016-12-3181.80%3.21%4.95%6.39%

Cash and debt by year

Period endCashDebt
2025-12-31$5.73B$4.47B
2024-12-31$4.48B$5.22B
2023-12-31$4.25B$6.25B
2022-12-31$4.14B$6.24B
2021-12-31$4.31B$7.71B
2020-12-31$3.39B$8.22B
2019-12-31$3.84B$4.19B
2018-12-31$2.47B$3.72B
2017-12-31$3.31B$3.75B
2016-12-31$1.87B$3.16B

Free cash flow by year

Period endFree cash flowStock-based compensation
2025-12-31$3.11B$398.00M
2024-12-31$2.33B$458.00M
2023-12-31$1.84B$413.00M
2022-12-31$2.78B$374.00M
2021-12-31$3.08B$418.00M
2020-12-31-$4.63B$205.00M
2019-12-31$1.61B$241.00M
2018-12-31$1.10B$203.00M
2017-12-31$1.14B$149.00M
2016-12-31$800.00M$242.00M

Dividend history

Most recent payment
2026-08-27
Paid in the last twelve months
$1.84
Payment dateDividend per share
2026-08-27$0.48
2026-05-28$0.48
2026-03-05$0.48
2025-11-19$0.40
2025-08-28$0.40
2025-05-29$0.40
2025-03-06$0.40
2020-03-09$0.34

Investor relations

Next earnings report

Next confirmed report
2026-11-05
Consensus EPS estimate
$8.09

Past earnings dates

ReportedFiscal periodEPS estimate
2026-08-05Jun/2026$4.78
2026-05-07Mar/2026$0.73
2026-02-12Dec/2025$2.77
2025-11-06Sep/2025$6.53
2025-08-07Jun/2025$3.51
2025-05-08Mar/2025$-0.17
2025-02-06Dec/2024$1.38
2024-11-07Sep/2024$5.42

Filings and sources

Company website
expediagroup.com
SEC filings
10-K, 10-Q and 8-K on EDGAR
Earnings calendar
All upcoming reports

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Price-to-earnings ratio · Discounted cash flow · Free cash flow · Earnings per share · Return on equity · Gross margin vs net margin · Reading a balance sheet · Debt and leverage · Dividend yield · Insider transactions and Form 4 · How to read a stock chart

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