What is Expedia Group, Inc.'s earnings per share (EPS)?

Expedia Group, Inc. (EXPE) reported diluted earnings per share of $9.81 for fiscal year 2025. This represents a 9.6% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Expedia Group, Inc. (EXPE) Financials

EXPE

Trailing 12 months to June 30, 2026

Revenue $15.7B +12.0% YoY

Net Income $2.0B +85.2% YoY

EPS (Diluted) $16.07 +96.9% YoY

Free Cash Flow $4.5B +123.3% YoY

Market Cap $31.8B as of Oct 3, 2026

Price / Sales 2.0x on $15.7B revenue, trailing 12 months to June 30, 2026

Price / Earnings 15.6x on $2.0B net income, trailing 12 months to June 30, 2026

Price / Book 26.3x on $1.2B equity, Q2 FY2026

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 3, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jun 30, 2026 Reported Aug 6, 2026 Currency USD FYE December

Newest figures come from the 10-Q for Q2 FY2026, filed Aug 6, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the EXPE SEC filings page.

Expedia Group, Inc. (EXPE) reported $15.7B in revenue over the twelve months to Jun 30, 2026, up 12.0% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI EXPE FY2025 2026-10-03

Expanding operating margins convert into cash, while a sub-1.0x current ratio and thin equity base shape how that cash is financed.

From FY2024 to FY2025, operating margin widened from 9.6% to 12.7%, indicating that more revenue reached operations. Yet net income increased only from $1.2B to $1.3B, so the operating improvement was partly absorbed below operating income.

The balance sheet carries a tight working-capital posture: current liabilities exceed current assets, leaving the current ratio at 0.7x. Long-term debt declined to $4.5B, but debt-to-equity stayed at 3.5x because the equity base remained small.

Cash conversion is favorable but not purely an earnings story: operating cash flow reached $3.9B against $1.3B of net income, making accounting profit only part of the year's cash generation. Free cash flow reached $3.1B against $770M of capital expenditures, indicating reported reinvestment consumed a minority of internally generated cash.

Financial Health Signals

Financial Health Score 63/100

Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of Expedia Group, Inc.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability

Expedia Group, Inc. has an operating margin of 12.7%, meaning the company retains $13 of operating profit per $100 of revenue. This results in a moderate score of 62/100, indicating healthy but not exceptional operating efficiency. This is up from 9.6% the prior year.

Growth

Expedia Group, Inc.'s revenue grew 7.6% year-over-year to $14.7B, a solid pace of expansion. This earns a growth score of 57/100.

Leverage

Expedia Group, Inc. carries a low D/E ratio of 3.48, meaning only $3.48 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 93/100, indicating a strong balance sheet with room for future borrowing.

Liquidity

Expedia Group, Inc.'s current ratio of 0.73 is below the typical benchmark, resulting in a score of 9/100. This tight liquidity could limit financial flexibility if cash inflows slow.

Cash Flow

Expedia Group, Inc. converts 21.1% of revenue into free cash flow ($3.1B). This strong cash generation earns a score of 84/100.

Returns

Expedia Group, Inc. earns a strong 101.3% return on equity (ROE), meaning it generates $101 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 75/100. This is up from 78.6% the prior year.

Altman Z-Score Distress

1.56

Expedia Group, Inc. scores 1.56, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($31.8B) relative to total liabilities ($23.2B). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Strong

7/9

Expedia Group, Inc. passes 7 of 9 financial strength tests. 3 of 4 profitability signals pass, all 3 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.

Earnings Quality Cash-Backed

2.98x

For every $1 of reported earnings, Expedia Group, Inc. generates $2.98 in operating cash flow ($3.9B OCF vs $1.3B net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Interest Coverage Safe

6.26x

Expedia Group, Inc. earns $6.26 in operating income for every $1 of interest expense ($1.9B vs $299.0M). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.

Key Financial Metrics

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Earnings & Revenue

Revenue

$4.3B

YoY+14.0%

QoQ+25.9%

5Y CAGR+15.4%

10Y CAGR+7.0%

Expedia Group, Inc. generated $4.3B in revenue in Q2 2026. This represents an increase of 14.0% from the same quarter a year earlier. Against the prior quarter it is up 25.9%.

EBITDA

$1.0B

YoY+45.2%

QoQ+114.6%

5Y CAGR+69.7%

Expedia Group, Inc.'s EBITDA was $1.0B in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 45.2% from the same quarter a year earlier. Against the prior quarter it is up 114.6%.

Net Income

$878.0M

YoY+166.1%

QoQ+14733.3%

10Y CAGR+39.4%

Expedia Group, Inc. reported $878.0M in net income in Q2 2026. This represents an increase of 166.1% from the same quarter a year earlier. Against the prior quarter it is up 14733.3%.

EPS (Diluted)

$7.16

YoY+188.7%

QoQ+14420.0%

10Y CAGR+42.3%

Expedia Group, Inc. earned $7.16 per diluted share (EPS) in Q2 2026. This represents an increase of 188.7% from the same quarter a year earlier. Against the prior quarter it is up 14420.0%.

Cash & Balance Sheet

Free Cash Flow

$1.3B

YoY+38.9%

QoQ-65.9%

5Y CAGR-11.3%

10Y CAGR+12.2%

Expedia Group, Inc. generated $1.3B in free cash flow in Q2 2026, representing cash available after capex. This represents an increase of 38.9% from the same quarter a year earlier. Against the prior quarter it is down 65.9%.

Cash & Debt

$6.7B

YoY+6.0%

QoQ+20.6%

5Y CAGR+4.1%

10Y CAGR+11.3%

Expedia Group, Inc. held $6.7B in cash against $5.5B in long-term debt as of Q2 2026.

Dividends Per Share

$0.48

YoY+20.0%

QoQ0.0%

Expedia Group, Inc. paid $0.48 per share in dividends in Q2 2026. This represents an increase of 20.0% from the same quarter a year earlier. It is unchanged from the prior quarter.

Shares Outstanding

114M

YoY-3.8%

QoQ0.0%

Expedia Group, Inc. had 114M shares outstanding in Q2 2026. This represents a decrease of 3.8% from the same quarter a year earlier. It is unchanged from the prior quarter.

Margins & Returns

Gross Margin

90.7%

YoY+0.6pp

QoQ+1.7pp

5Y change+8.4pp

Expedia Group, Inc.'s gross margin was 90.7% in Q2 2026, indicating the percentage of revenue retained after direct costs. This is up 0.6 percentage points from the same quarter a year earlier. Against the prior quarter it is up 1.7 percentage points.

Operating Margin

18.5%

YoY+5.7pp

QoQ+11.2pp

5Y change+24.8pp

10Y change+17.4pp

Expedia Group, Inc.'s operating margin was 18.5% in Q2 2026, reflecting core business profitability. This is up 5.7 percentage points from the same quarter a year earlier. Against the prior quarter it is up 11.2 percentage points.

Net Margin

20.3%

YoY+11.6pp

QoQ+20.5pp

5Y change+28.5pp

10Y change+18.9pp

Expedia Group, Inc.'s net profit margin was 20.3% in Q2 2026, showing the share of revenue converted to profit. This is up 11.6 percentage points from the same quarter a year earlier. Against the prior quarter it is up 20.5 percentage points.

Return on Equity

72.6%

YoY+33.1pp

QoQ+73.7pp

5Y change+88.3pp

10Y change+71.9pp

Expedia Group, Inc.'s ROE was 72.6% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is up 33.1 percentage points from the same quarter a year earlier. Against the prior quarter it is up 73.7 percentage points.

Capital Allocation

Share Buybacks

$270.0M

YoY-60.8%

QoQ-65.7%

5Y CAGR+55.2%

10Y CAGR+6.7%

Expedia Group, Inc. spent $270.0M on share buybacks in Q2 2026, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 60.8% from the same quarter a year earlier. Against the prior quarter it is down 65.7%.

Capital Expenditures

$199.0M

YoY-0.5%

QoQ+8.2%

5Y CAGR+1.7%

10Y CAGR-0.6%

Expedia Group, Inc. invested $199.0M in capex in Q2 2026, funding long-term assets and infrastructure. This represents a decrease of 0.5% from the same quarter a year earlier. Against the prior quarter it is up 8.2%.

R&D Spending

Not reported for Q2 2026.

EXPE Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

EXPE quarterly income statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Revenue	$15.7B	$14.7B+7.6%	$13.7B+6.6%	$12.8B+10.0%	$11.7B+35.7%	$8.6B+65.4%	$5.2B-56.9%	$12.1B+7.5%	$11.2B+11.6%	$10.1B+14.7%	$8.8B+31.5%	$6.7B+15.8%	$5.8B+20.8%	$4.8B+18.4%	$4.0B+16.9%	$3.4B
Cost of Revenue	$1.5B	$1.5B+0.9%	$1.4B-8.3%	$1.6B-5.1%	$1.7B+8.9%	$1.5B-7.7%	$1.6B-23.8%	$2.2B+10.1%	$2.0B+11.8%	$1.8B+10.0%	$1.6B+21.9%	$1.3B+11.1%	$1.2B+13.6%	$1.0B+15.5%	$898.6M+18.0%	$761.3M
Gross Profit	$14.2B	$13.3B+8.4%	$12.2B+8.7%	$11.3B+12.5%	$10.0B+41.5%	$7.1B+99.3%	$3.5B-64.2%	$9.9B+7.0%	$9.3B+11.5%	$8.3B+15.7%	$7.2B+33.8%	$5.4B+17.0%	$4.6B+22.8%	$3.7B+19.2%	$3.1B+16.5%	$2.7B
SG&A Expenses	$788.0M	$765.0M-5.0%	$805.0M+4.4%	$771.0M+3.1%	$748.0M+6.1%	$705.0M+19.7%	$589.0M-27.0%	$807.0M+4.3%	$774.0M+14.5%	$676.0M-0.3%	$678.0M+18.1%	$573.9M+34.9%	$425.4M+12.8%	$377.1M+9.2%	$345.4M+11.5%	$309.7M
Operating Income	$2.5B	$1.9B+41.8%	$1.3B+27.7%	$1.0B-4.8%	$1.1B+483.3%	$186.0M+106.8%	-$2.7B-401.1%	$903.0M+26.5%	$714.0M+14.2%	$625.0M+35.3%	$462.0M+11.7%	$413.6M-20.1%	$517.8M+41.4%	$366.1M-15.2%	$431.7M-10.0%	$479.6M
EBITDA	N/A	$2.8B+27.9%	$2.2B+17.2%	$1.8B-2.0%	$1.9B+87.7%	$1.0B+154.8%	-$1.8B-200.7%	$1.8B+8.4%	$1.7B+10.5%	$1.5B+20.5%	$1.3B+38.5%	$906.7M+5.4%	$860.4M+32.5%	$649.5M+3.5%	$627.7M-1.1%	$634.5M
Interest Expense	$355.0M	$299.0M+21.5%	$246.0M+0.4%	$245.0M-11.6%	$277.0M-21.1%	$351.0M-2.5%	$360.0M+108.1%	$173.0M-8.9%	$190.0M+4.4%	$182.0M+5.2%	$173.0M+37.1%	$126.2M+28.7%	$98.1M+12.3%	$87.4M-0.5%	$87.8M-3.2%	$90.7M
Income Tax	$398.0M	$290.0M-8.8%	$318.0M-3.6%	$330.0M+69.2%	$195.0M+467.9%	-$53.0M+87.5%	-$423.0M-308.4%	$203.0M+133.3%	$87.0M+93.3%	$45.0M+181.3%	$16.0M-92.1%	$203.2M+121.6%	$91.7M+8.7%	$84.3M+79.1%	$47.1M-37.8%	$75.7M
Net Income	$2.0B	$1.3B+6.3%	$1.2B+77.9%	$688.0M+100.6%	$343.0M+2186.7%	$15.0M+100.6%	-$2.6B-562.3%	$565.0M+39.2%	$406.0M+7.4%	$378.0M+34.0%	$282.0M-63.1%	$764.5M+92.0%	$398.1M+71.0%	$232.8M-16.9%	$280.2M-40.7%	$472.3M
EPS (Basic)	N/A	$10.32+9.9%	$9.39+70.7%	$5.50+145.5%	$2.24+224.4%	-$1.80+90.5%	-$19.00-594.8%	$3.84+41.7%	$2.71+8.8%	$2.49+33.2%	$1.87-68.1%	$5.87+90.0%	$3.09+78.6%	$1.73-17.2%	$2.09-39.9%	$3.48
EPS (Diluted)	$16.07	$9.81+9.6%	$8.95+68.5%	$5.31+144.7%	$2.17+220.6%	-$1.80+90.5%	-$19.00-604.0%	$3.77+42.3%	$2.65+9.5%	$2.42+33.0%	$1.82-68.1%	$5.70+90.6%	$2.99+79.0%	$1.67-16.5%	$2.00-41.3%	$3.41
Diluted Shares (Avg)	N/A	132M-4.3%	138M-8.2%	150M-7.1%	162M+8.0%	150M+5.9%	141M-5.7%	150M-2.0%	153M-2.2%	156M+1.2%	155M+15.3%	134M+0.6%	133M-4.6%	140M-0.2%	140M+0.9%	139M

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Revenue	$4.3B+14.0%	$3.4B+14.7%	$3.5B+11.4%	$4.4B+8.7%	$3.8B+6.4%	$3.0B+3.4%	$3.2B+10.3%	$4.1B+3.3%
Cost of Revenue	$403.0M+6.9%	$377.0M+5.6%	$346.0M+3.3%	$376.0M-3.1%	$377.0M+4.1%	$357.0M-0.3%	$335.0M-1.5%	$388.0M-5.8%
Gross Profit	$3.9B+14.8%	$3.0B+15.9%	$3.2B+12.4%	$4.0B+9.9%	$3.4B+6.7%	$2.6B+4.0%	$2.8B+11.9%	$3.7B+4.4%
SG&A Expenses	$204.0M+3.6%	$196.0M+8.9%	$202.0M-3.8%	$186.0M-18.8%	$197.0M+9.4%	$180.0M-3.2%	$210.0M+5.5%	$229.0M+18.0%
Operating Income	$800.0M+64.9%	$251.0M+458.6%	$420.0M+94.4%	$1.0B+36.0%	$485.0M+7.5%	-$70.0M+36.4%	$216.0M+107.7%	$762.0M+25.5%
EBITDA	$1.0B+45.2%	$479.0M+221.5%	$640.0M+49.5%	$1.3B+29.6%	$708.0M+7.9%	$149.0M+49.0%	$428.0M+37.2%	$973.0M+19.4%
Interest Expense	$61.0M+5.2%	$111.0M+91.4%	$121.0M+95.2%	$62.0M+1.6%	$58.0M-4.9%	$58.0M-6.5%	$62.0M+1.6%	$61.0M-1.6%
Income Tax	$152.0M+50.5%	$37.0M+285.0%	$42.0M+23.5%	$167.0M-12.1%	$101.0M-10.6%	-$20.0M-5.3%	$34.0M-2.9%	$190.0M+36.7%
Net Income	$878.0M+166.1%	-$6.0M+97.0%	$212.0M-26.6%	$959.0M+40.2%	$330.0M-14.5%	-$200.0M-48.1%	$289.0M+1156.5%	$684.0M+60.9%
EPS (Basic)	$7.30+179.7%	-$0.05+96.8%	$1.69-27.2%	$7.76+47.0%	$2.61-10.6%	-$1.56-57.6%	$2.32+134.3%	$5.28+77.2%
EPS (Diluted)	$7.16+188.7%	-$0.05+96.8%	$1.63-25.9%	$7.33+45.4%	$2.48-11.4%	-$1.56-57.6%	$2.20	$5.04+75.6%
Diluted Shares (Avg)	123M-7.7%	122M-5.3%	N/A	131M-3.5%	133M-3.6%	129M-5.1%	N/A	136M-8.1%

Not reported in any period shown, so not listed: R&D Expenses.

EXPE Balance Sheet

EXPE quarterly balance sheet

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Total Assets	$24.5B+9.2%	$22.4B+3.4%	$21.6B+0.4%	$21.6B+0.1%	$21.5B+15.3%	$18.7B-12.7%	$21.4B+18.8%	$18.0B-2.6%	$18.5B+17.4%	$15.8B+1.9%	$15.5B+71.7%	$9.0B+16.6%	$7.7B+8.5%	$7.1B+9.6%	$6.5B
Current Assets	$12.2B+24.3%	$9.8B+6.3%	$9.2B+5.0%	$8.8B+7.5%	$8.2B+45.2%	$5.6B-27.2%	$7.7B+48.8%	$5.2B-6.2%	$5.5B+60.6%	$3.5B+15.9%	$3.0B+1.8%	$2.9B+31.8%	$2.2B-16.0%	$2.6B+16.2%	$2.3B
Cash & Equivalents	$5.4B+29.4%	$4.2B-1.0%	$4.2B+3.1%	$4.1B-0.4%	$4.1B+22.2%	$3.4B+1.4%	$3.3B+35.7%	$2.4B-14.2%	$2.8B+58.4%	$1.8B+7.2%	$1.7B+19.5%	$1.4B+37.4%	$1.0B-21.0%	$1.3B+87.7%	$689.1M
Short-Term Investments	$320.0M+6.7%	$300.0M+971.4%	$28.0M-41.7%	$48.0M-76.0%	$200.0M+733.3%	$24.0M-95.4%	$526.0M+1778.6%	$28.0M-94.0%	$468.0M+547.2%	$72.3M+114.3%	$33.7M-90.5%	$355.8M+9.3%	$325.5M-49.5%	$645.0M-0.6%	$648.8M
Accounts Receivable	$4.2B+29.7%	$3.2B+15.3%	$2.8B+34.1%	$2.1B+64.4%	$1.3B+80.3%	$701.0M-72.2%	$2.5B+17.3%	$2.2B+15.3%	$1.9B+38.9%	$1.3B+24.1%	$1.1B+39.1%	$778.3M+26.6%	$614.7M+33.2%	$461.5M+36.0%	$339.4M
Long-Term Investments	$280.0M+38.6%	$202.0M	$0	$0	$0	$0	$0	$0	$0-100.0%	$16.0M-75.4%	$65.0M-35.0%	$100.0M-24.8%	$133.0M+5.6%	$126.0M-40.6%	$212.0M
Goodwill	$6.9B+0.4%	$6.8B-0.1%	$6.8B-4.1%	$7.1B-0.4%	$7.2B-2.8%	$7.4B-9.2%	$8.1B+0.1%	$8.1B-1.3%	$8.2B+3.6%	$7.9B-0.6%	$8.0B+102.1%	$4.0B+8.0%	$3.7B+21.5%	$3.0B+4.8%	$2.9B
Total Liabilities	$23.2B+11.2%	$20.8B+3.6%	$20.1B+4.3%	$19.3B-1.1%	$19.5B+13.5%	$17.2B-1.5%	$17.4B+25.3%	$13.9B-0.5%	$14.0B+20.2%	$11.6B+9.6%	$10.6B+46.8%	$7.2B+29.4%	$5.6B+15.3%	$4.9B+12.7%	$4.3B
Current Liabilities	$16.7B+22.4%	$13.6B+15.5%	$11.8B+9.3%	$10.8B+14.1%	$9.4B+74.8%	$5.4B-49.5%	$10.7B+32.9%	$8.1B+2.3%	$7.9B+28.6%	$6.1B+3.4%	$5.9B+41.5%	$4.2B+27.1%	$3.3B+9.4%	$3.0B+17.9%	$2.6B
Non-Current Liabilities	$6.5B-9.8%	$7.2B-13.3%	$8.3B-2.1%	$8.5B-15.3%	$10.0B-14.7%	$11.8B+74.8%	$6.7B+14.8%	$5.9B-4.0%	$6.1B+10.8%	$5.5B+17.5%	$4.7B+54.0%	$3.0B+32.6%	$2.3B+24.8%	$1.8B+5.2%	$1.8B
Long-Term Debt	$4.5B-14.4%	$5.2B-16.5%	$6.3B+0.2%	$6.2B-19.1%	$7.7B-6.1%	$8.2B+96.1%	$4.2B+12.7%	$3.7B-0.9%	$3.7B+18.7%	$3.2B-0.7%	$3.2B+82.2%	$1.7B+39.8%	$1.2B0.0%	$1.2B0.0%	$1.2B
Total Equity	$1.3B-17.5%	$1.6B+1.5%	$1.5B-32.8%	$2.3B+11.0%	$2.1B+36.2%	$1.5B-61.9%	$4.0B-3.3%	$4.1B-9.3%	$4.5B+9.5%	$4.1B-15.1%	$4.9B+172.6%	$1.8B-16.8%	$2.1B-5.9%	$2.3B+3.7%	$2.2B
Retained Earnings	$1.7B+181.7%	$602.0M+195.3%	-$632.0M+55.1%	-$1.4B+20.0%	-$1.8B+1.1%	-$1.8B-302.6%	$879.0M+70.0%	$517.0M+56.2%	$331.0M+156.5%	$129.0M-74.6%	$507.7M+1695.3%	$28.3M+113.5%	-$209.2M+52.7%	-$442.1M+38.8%	-$722.2M

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Total Assets	$29.1B+7.7%	$26.5B+1.3%	$24.5B+9.2%	$25.1B+7.3%	$27.0B+4.2%	$26.1B+5.5%	$22.4B+3.4%	$23.4B+3.9%
Current Assets	$16.3B+10.6%	$14.2B+4.2%	$12.2B+24.3%	$12.8B+18.6%	$14.7B+9.0%	$13.6B+10.0%	$9.8B+6.3%	$10.8B+7.3%
Cash & Equivalents	$6.7B+6.0%	$5.5B-3.1%	$5.4B+29.4%	$5.8B+23.4%	$6.3B+1.0%	$5.7B+0.5%	$4.2B-1.0%	$4.7B-6.6%
Short-Term Investments	$445.0M+21.3%	$254.0M-38.2%	$320.0M+6.7%	$344.0M+75.5%	$367.0M+1083.9%	$411.0M+1480.8%	$300.0M+971.4%	$196.0M
Accounts Receivable	$5.8B+16.8%	$5.1B+15.7%	$4.2B+29.7%	$4.5B+19.1%	$4.9B+19.9%	$4.4B+18.6%	$3.2B+15.3%	$3.8B+36.7%
Long-Term Investments	$577.0M+84.9%	$322.0M+5.9%	$280.0M+38.6%	$276.0M+39.4%	$312.0M+700.0%	$304.0M+607.0%	$202.0M	$198.0M
Goodwill	$7.0B+2.5%	$7.0B+2.5%	$6.9B+0.4%	$6.9B+0.3%	$6.9B+0.1%	$6.8B0.0%	$6.8B-0.1%	$6.9B+0.1%
Total Liabilities	$27.9B+6.5%	$25.9B+3.4%	$23.2B+11.2%	$23.8B+7.6%	$26.1B+4.5%	$25.0B+4.9%	$20.8B+3.6%	$22.1B+5.9%
Current Liabilities	$20.4B+3.8%	$19.4B+4.2%	$16.7B+22.4%	$17.3B+16.7%	$19.6B+10.5%	$18.6B+19.3%	$13.6B+15.5%	$14.8B+17.7%
Non-Current Liabilities	$7.5B+14.9%	$6.5B+0.8%	$6.5B-9.8%	$6.5B-10.8%	$6.5B-10.0%	$6.5B-22.1%	$7.2B-13.3%	$7.3B-12.0%
Long-Term Debt	$5.5B+22.2%	$4.5B+0.1%	$4.5B-14.4%	$4.5B-14.4%	$4.5B-14.4%	$4.5B-28.6%	$5.2B-16.5%	$5.2B-16.5%
Total Equity	$1.2B+44.6%	$576.0M-46.3%	$1.3B-17.5%	$1.3B+1.1%	$836.0M-6.0%	$1.1B+20.4%	$1.6B+1.5%	$1.3B-21.0%
Retained Earnings	$2.5B+289.2%	$1.6B+365.0%	$1.7B+181.7%	$1.5B+408.3%	$630.0M+265.4%	$351.0M+145.8%	$602.0M+195.3%	$303.0M+139.7%

Not reported in any period shown, so not listed: Inventory.

EXPE Cash Flow Statement

EXPE quarterly cash flow statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Operating Cash Flow	$5.2B	$3.9B+25.8%	$3.1B+14.7%	$2.7B-21.8%	$3.4B-8.2%	$3.7B+197.8%	-$3.8B-238.6%	$2.8B+40.1%	$2.0B+7.0%	$1.8B+19.1%	$1.5B+13.2%	$1.4B+0.1%	$1.4B+79.1%	$763.2M-38.3%	$1.2B+49.8%	$825.7M
Depreciation & Amortization	N/A	$887.0M+5.8%	$838.0M+3.8%	$807.0M+1.9%	$792.0M-2.7%	$814.0M-8.8%	$893.0M-1.9%	$910.0M-5.1%	$959.0M+7.9%	$889.0M+12.0%	$794.0M+61.0%	$493.1M+43.9%	$342.6M+20.9%	$283.5M+44.7%	$196.0M+26.5%	$154.9M
Stock-Based Compensation	N/A	$398.0M-13.1%	$458.0M+10.9%	$413.0M+10.4%	$374.0M-10.5%	$418.0M+103.9%	$205.0M-14.9%	$241.0M+18.7%	$203.0M+36.2%	$149.0M-38.4%	$242.0M+35.9%	$178.1M+109.5%	$85.0M-34.7%	$130.2M+101.5%	$64.6M+1.2%	$63.8M
Capital Expenditures	$757.0M	$770.0M+1.9%	$756.0M-10.6%	$846.0M+27.8%	$662.0M-1.6%	$673.0M-15.6%	$797.0M-31.3%	$1.2B+32.1%	$878.0M+23.7%	$710.0M-5.2%	$749.0M-4.8%	$787.0M+139.7%	$328.4M+6.4%	$308.6M+30.9%	$235.7M+13.4%	$207.8M
Free Cash Flow	$4.5B	$3.1B+33.5%	$2.3B+26.3%	$1.8B-33.6%	$2.8B-9.7%	$3.1B+166.4%	-$4.6B-388.2%	$1.6B+46.5%	$1.1B-3.3%	$1.1B+41.9%	$800.0M+37.7%	$581.0M-44.1%	$1.0B+128.4%	$454.6M-54.6%	$1.0B+62.1%	$617.9M
Investing Cash Flow	-$1.5B	-$531.0M+57.9%	-$1.3B-57.8%	-$800.0M-37.9%	-$580.0M+37.7%	-$931.0M-254.0%	-$263.0M+83.1%	-$1.6B-177.8%	-$559.0M+64.6%	-$1.6B-120.2%	-$718.0M+69.7%	-$2.4B-156.6%	-$924.3M	N/A	N/A	N/A
Financing Cash Flow	-$3.0B	-$2.1B-22.4%	-$1.7B+16.7%	-$2.1B+20.1%	-$2.6B-169.7%	-$973.0M-123.9%	$4.1B+2229.7%	$175.0M+111.8%	-$1.5B-316.4%	$688.0M+199.6%	-$691.0M-149.2%	$1.4B+2816.4%	$48.1M	N/A	N/A	N/A
Dividends Paid	$214.0M	$200.0M	$0	$0	N/A	N/A	$48.0M-75.4%	$195.0M+4.8%	$186.0M	N/A	N/A	N/A	N/A	N/A	N/A	$76.5M
Share Buybacks	$1.9B	$1.9B+4.9%	$1.8B-13.9%	$2.1B+252.1%	$607.0M+267.9%	$165.0M-61.2%	$425.0M-42.8%	$743.0M-19.5%	$923.0M+195.8%	$312.0M-31.6%	$456.0M+653.1%	$60.5M-88.7%	$537.9M+2.9%	$522.9M+25.2%	$417.6M+42.0%	$294.0M

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Operating Cash Flow	$1.5B+31.8%	$3.9B+33.2%	$304.0M+53.5%	-$497.0M+66.7%	$1.1B-25.3%	$3.0B+2.5%	$198.0M+183.2%	-$1.5B-8.6%
Depreciation & Amortization	$228.0M+2.2%	$228.0M+4.1%	$220.0M+3.8%	$225.0M+6.6%	$223.0M+8.8%	$219.0M+4.3%	$212.0M+1.9%	$211.0M+1.4%
Stock-Based Compensation	$114.0M+8.6%	$103.0M+5.1%	N/A	$90.0M-38.8%	$105.0M-7.9%	$98.0M-5.8%	N/A	$147.0M+40.0%
Capital Expenditures	$199.0M-0.5%	$184.0M-6.1%	$185.0M-3.1%	$189.0M-2.6%	$200.0M+3.1%	$196.0M+10.7%	$191.0M+7.9%	$194.0M-8.9%
Free Cash Flow	$1.3B+38.9%	$3.7B+36.0%	$119.0M+1600.0%	-$686.0M+59.3%	$921.0M-29.5%	$2.8B+2.0%	$7.0M+101.7%	-$1.7B-6.2%
Investing Cash Flow	-$768.0M-568.3%	-$440.0M-14.6%	-$199.0M+44.9%	-$112.0M+75.2%	$164.0M+178.5%	-$384.0M-60.0%	-$361.0M-118.8%	-$452.0M-83.0%
Financing Cash Flow	$593.0M+183.4%	-$2.6B-465.0%	-$389.0M-151.0%	-$567.0M-28.6%	-$711.0M-37.3%	-$469.0M+25.7%	-$155.0M+68.8%	-$441.0M+24.1%
Dividends Paid	$58.0M+13.7%	$58.0M+13.7%	$49.0M	$49.0M	$51.0M	$51.0M	$0	$0
Share Buybacks	$270.0M-60.8%	$788.0M+105.2%	$327.0M+65.2%	$531.0M+13.2%	$688.0M+30.1%	$384.0M-40.3%	$198.0M-57.7%	$469.0M-22.7%

EXPE Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

EXPE quarterly financial ratios

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Gross Margin	90.1%+0.7pp	89.5%+1.7pp	87.8%+1.9pp	85.8%+3.5pp	82.3%+14.0pp	68.3%-13.8pp	82.1%-0.4pp	82.5%0.0pp	82.5%+0.7pp	81.8%+1.4pp	80.4%+0.8pp	79.5%+1.3pp	78.2%+0.5pp	77.7%-0.2pp	77.9%
Operating Margin	12.7%+3.1pp	9.6%+1.6pp	8.1%-1.2pp	9.3%+7.1pp	2.2%+54.5pp	-52.3%-59.8pp	7.5%+1.1pp	6.4%+0.2pp	6.2%+0.9pp	5.3%-0.9pp	6.2%-2.8pp	9.0%+1.3pp	7.7%-3.0pp	10.7%-3.2pp	13.9%
Net Margin	8.8%-0.1pp	8.9%+3.6pp	5.4%+2.4pp	2.9%+2.8pp	0.2%+50.4pp	-50.2%-54.9pp	4.7%+1.1pp	3.6%-0.1pp	3.8%+0.6pp	3.2%-8.2pp	11.5%+4.5pp	6.9%+2.0pp	4.9%-2.1pp	7.0%-6.7pp	13.7%
Return on Equity	101.3%+22.7pp	78.6%+33.8pp	44.9%+29.8pp	15.0%+14.3pp	0.7%+173.7pp	-173.0%-187.2pp	14.2%+4.3pp	9.9%+1.5pp	8.4%+1.5pp	6.8%-8.9pp	15.7%-6.6pp	22.3%+11.5pp	10.8%-1.4pp	12.3%-9.2pp	21.5%
Return on Assets	5.3%-0.2pp	5.5%+2.3pp	3.2%+1.6pp	1.6%+1.5pp	0.1%+14.1pp	-14.0%-16.6pp	2.6%+0.4pp	2.3%+0.2pp	2.0%+0.3pp	1.8%-3.1pp	4.9%+0.5pp	4.4%+1.4pp	3.0%-0.9pp	3.9%-3.3pp	7.3%
Current Ratio	0.730.0x	0.72-0.1x	0.780.0x	0.82-0.1x	0.87-0.2x	1.04+0.3x	0.72+0.1x	0.64-0.1x	0.70+0.1x	0.56+0.1x	0.50-0.2x	0.700.0x	0.67-0.2x	0.880.0x	0.89
Debt-to-Equity	3.48+0.1x	3.35-0.7x	4.08+1.3x	2.73-1.0x	3.75-1.7x	5.44+4.4x	1.06+0.2x	0.91+0.1x	0.83+0.1x	0.76+0.1x	0.65-0.3x	0.98+0.4x	0.580.0x	0.550.0x	0.57
Asset Turnover	0.600.0x	0.610.0x	0.59+0.1x	0.54+0.1x	0.40+0.1x	0.28-0.3x	0.56-0.1x	0.62+0.1x	0.540.0x	0.56+0.1x	0.43-0.2x	0.640.0x	0.62+0.1x	0.560.0x	0.53
FCF Margin	21.1%+4.1pp	17.0%+2.6pp	14.4%-9.4pp	23.8%-11.9pp	35.8%+124.8pp	-89.1%-102.4pp	13.3%+3.6pp	9.8%-1.5pp	11.3%+2.2pp	9.1%+0.4pp	8.7%-9.3pp	18.0%+8.5pp	9.5%-15.3pp	24.9%+6.9pp	17.9%

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Gross Margin	90.7%+0.6pp	89.0%+1.0pp	90.3%+0.8pp	91.5%+1.0pp	90.0%+0.2pp	88.0%+0.4pp	89.5%+1.3pp	90.4%+0.9pp
Operating Margin	18.5%+5.7pp	7.3%+9.7pp	11.8%+5.1pp	23.5%+4.7pp	12.8%+0.1pp	-2.3%+1.5pp	6.8%+3.2pp	18.8%+3.3pp
Net Margin	20.3%+11.6pp	-0.2%+6.5pp	6.0%-3.1pp	21.7%+4.9pp	8.7%-2.1pp	-6.7%-2.0pp	9.1%+8.3pp	16.9%+6.0pp
Return on Equity	72.6%+33.1pp	-1.0%+17.6pp	16.5%-2.0pp	71.7%+20.0pp	39.5%-3.9pp	-18.7%-3.5pp	18.6%+17.1pp	51.7%+26.3pp
Return on Assets	3.0%+1.8pp	0.0%+0.8pp	0.9%-0.4pp	3.8%+0.9pp	1.2%-0.3pp	-0.8%-0.2pp	1.3%+1.2pp	2.9%+1.0pp
Current Ratio	0.800.0x	0.730.0x	0.730.0x	0.740.0x	0.750.0x	0.73-0.1x	0.72-0.1x	0.73-0.1x
Debt-to-Equity	4.52-0.8x	7.76+3.6x	3.48+0.1x	3.34-0.6x	5.34-0.5x	4.17-2.9x	3.35-0.7x	3.95+0.2x
Asset Turnover	0.150.0x	0.130.0x	0.150.0x	0.180.0x	0.140.0x	0.110.0x	0.140.0x	0.170.0x
FCF Margin	29.6%+5.3pp	109.4%	3.4%+3.1pp	-15.6%+26.0pp	24.3%-12.4pp	92.2%-1.3pp	0.2%+14.6pp	-41.5%-1.1pp

Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: FCF Margin.

Note: The current ratio is below 1.0 (0.73), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
Expedia Group, Inc. EXPE	FY2025	$14.7B	$1.3B	8.8%	$31.8B	63/100
Viking Holdings VIK	FY2025	$6.5B	$1.1B	17.7%	$36.0B	28/100
Trip.com Group Limited TCOM	FY2025	$8.9B	$4.8B	53.4%	$24.0B	74/100
Carnival Corporation Ltd. CCL	FY2025	$26.6B	$2.8B	10.4%	$34.6B	42/100
Airbnb, Inc. ABNB	FY2025	$12.2B	$2.5B	20.5%	$95.8B	61/100

Where Expedia Group, Inc. Ranks

Frequently Asked Questions

What is Expedia Group, Inc.'s annual revenue?

Expedia Group, Inc. (EXPE) reported $14.7B in total revenue for fiscal year 2025. This represents a 7.6% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Expedia Group, Inc.'s revenue growing?

Expedia Group, Inc. (EXPE) revenue grew by 7.6% year-over-year, from $13.7B to $14.7B in fiscal year 2025.

Is Expedia Group, Inc. profitable?

Yes, Expedia Group, Inc. (EXPE) reported a net income of $1.3B in fiscal year 2025, with a net profit margin of 8.8%.

What is Expedia Group, Inc.'s EBITDA?

Expedia Group, Inc. (EXPE) had EBITDA of $2.8B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does Expedia Group, Inc. have?

As of fiscal year 2025, Expedia Group, Inc. (EXPE) had $5.4B in cash and equivalents against $4.5B in long-term debt.

What is Expedia Group, Inc.'s gross margin?

Expedia Group, Inc. (EXPE) had a gross margin of 90.1% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is Expedia Group, Inc.'s operating margin?

Expedia Group, Inc. (EXPE) had an operating margin of 12.7% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is Expedia Group, Inc.'s net profit margin?

Expedia Group, Inc. (EXPE) had a net profit margin of 8.8% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Does Expedia Group, Inc. pay dividends?

Yes, Expedia Group, Inc. (EXPE) paid $1.60 per share in dividends during fiscal year 2025.

What is Expedia Group, Inc.'s return on equity (ROE)?

Expedia Group, Inc. (EXPE) has a return on equity of 101.3% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Expedia Group, Inc.'s free cash flow?

Expedia Group, Inc. (EXPE) generated $3.1B in free cash flow during fiscal year 2025. This represents a 33.5% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Expedia Group, Inc.'s operating cash flow?

Expedia Group, Inc. (EXPE) generated $3.9B in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Expedia Group, Inc.'s total assets?

Expedia Group, Inc. (EXPE) had $24.5B in total assets as of fiscal year 2025, including both current and long-term assets.

What are Expedia Group, Inc.'s capital expenditures?

Expedia Group, Inc. (EXPE) invested $770.0M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

Does Expedia Group, Inc. buy back shares?

Yes, Expedia Group, Inc. (EXPE) spent $1.9B on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

How many shares does Expedia Group, Inc. have outstanding?

Expedia Group, Inc. (EXPE) had 117M shares outstanding as of fiscal year 2025.

What is Expedia Group, Inc.'s current ratio?

Expedia Group, Inc. (EXPE) had a current ratio of 0.73 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.

What is Expedia Group, Inc.'s debt-to-equity ratio?

Expedia Group, Inc. (EXPE) had a debt-to-equity ratio of 3.48 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Expedia Group, Inc.'s return on assets (ROA)?

Expedia Group, Inc. (EXPE) had a return on assets of 5.3% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Expedia Group, Inc.'s P/E ratio?

Expedia Group, Inc. (EXPE) trades at 15.6x earnings, its market capitalization divided by net income of $2.0B net income, trailing 12 months to June 30, 2026. The market capitalization is $31.8B as of Oct 3, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Expedia Group, Inc.'s price-to-sales ratio?

Expedia Group, Inc. (EXPE) trades at 2.0x sales, its market capitalization divided by revenue of $15.7B revenue, trailing 12 months to June 30, 2026. The market capitalization is $31.8B as of Oct 3, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Expedia Group, Inc.'s Altman Z-Score?

Expedia Group, Inc. (EXPE) has an Altman Z-Score of 1.56, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

What is Expedia Group, Inc.'s Piotroski F-Score?

Expedia Group, Inc. (EXPE) has a Piotroski F-Score of 7 out of 9, indicating strong financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Expedia Group, Inc.'s earnings high quality?

Expedia Group, Inc. (EXPE) has an earnings quality ratio of 2.98x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can Expedia Group, Inc. cover its interest payments?

Expedia Group, Inc. (EXPE) has an interest coverage ratio of 6.26x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

How financially healthy is Expedia Group, Inc.?

Expedia Group, Inc. (EXPE) scores 63 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.