EXPE Financials Expedia Group

15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated 30 h ago Overview →

Growth & profitability

Revenue has grown 23.2% per year over the past 5 years.
Operating margin has expanded, at 12.7% in the latest year.

Financial health

Total debt ($6.2B) exceeds cash ($5.4B); net debt is $748M.
Total debt has grown slower than revenue (-5.6% vs 23.2% per year).
Operating income covered interest expense 6.3× in the latest year.
Total debt is 2.2× EBITDA.

Shareholder returns

Dividends have been paid for 1 consecutive year, consuming 15.4% of earnings and 6.4% of free cash flow.
The dividend has grown 33.0% per year over the past 5 years.

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Free cash flow (CFO − capex)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key annual figures

FY	Revenue	Net income	Gross M	Op M	FCF	Total debt	Cash
2025	$14.7B	$1.3B	0.0%	12.7%	$3.1B	$6.2B	$5.4B
2024	$13.7B	$1.2B	0.0%	9.6%	$2.3B	$6.3B	$4.2B
2023	$12.8B	$688M	0.0%	8.0%	$1.8B	$6.3B	$4.2B
2022	$11.7B	$343M	0.0%	9.3%	$2.8B	$6.2B	$4.1B
2021	$8.6B	$15M	0.0%	2.2%	$3.1B	$8.4B	$4.1B
2020	$5.2B	-$2.6B	0.0%	-52.3%	-$4.6B	$8.2B	$3.4B
2019	$12.1B	$565M	82.1%	7.5%	$1.6B	$4.9B	$3.3B
2018	$11.2B	$406M	82.5%	6.4%	$1.1B	$3.7B	$2.4B
2017	$10.1B	$378M	82.5%	6.2%	$1.1B	$4.2B	$2.8B
2016	—	$282M	—	—	$800M	$3.2B	$1.8B
2015	—	$764M	—	—	$581M	$3.2B	$1.7B
2014	—	$398M	—	—	$1.0B	$1.7B	$1.4B
2013	—	$233M	—	—	—	$1.2B	$1.0B
2012	—	$280M	—	—	—	$1.2B	$1.3B
2011	—	$472M	—	—	—	$1.2B	$689M

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Free cash flow (CFO − capex, quarterly)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key quarterly figures

Quarter	Revenue	Net income	Gross M	Op M	FCF	Total debt	Cash
Mar '26	$3.4B	-$6M	0.0%	7.3%	$3.7B	$4.5B	$5.5B
Dec '25	$3.5B	$205M	0.0%	11.8%	$119M	$6.2B	$5.4B
Sep '25	$4.4B	$959M	0.0%	23.5%	-$686M	$6.2B	$5.8B
Jun '25	$3.8B	$330M	0.0%	12.8%	$921M	$6.2B	$6.3B
Mar '25	$3.0B	-$200M	0.0%	-2.3%	$2.8B	$6.2B	$5.7B
Dec '24	$3.2B	$299M	0.0%	6.8%	$7M	$6.3B	$4.2B
Sep '24	$4.1B	$684M	0.0%	18.8%	-$1.7B	$6.3B	$4.7B
Jun '24	$3.6B	$386M	0.0%	12.7%	$1.3B	$6.3B	$6.2B
Mar '24	$2.9B	-$135M	0.0%	-3.8%	$2.7B	$6.3B	$5.7B
Dec '23	$2.9B	$132M	0.0%	3.6%	-$415M	$6.3B	$4.2B
Sep '23	$3.9B	$425M	0.0%	15.4%	-$1.6B	$6.3B	$5.1B
Jun '23	$3.4B	$385M	0.0%	13.2%	$923M	$6.2B	$6.3B
Mar '23	$2.7B	-$145M	0.0%	-4.5%	$2.9B	$6.2B	$5.9B
Dec '22	$2.6B	$177M	0.0%	4.9%	-$359M	$6.2B	$4.1B
Sep '22	$3.6B	$482M	0.0%	20.6%	-$1.2B	$6.2B	$4.6B
Jun '22	$3.2B	-$185M	0.0%	10.8%	$1.5B	$6.7B	$5.6B
Mar '22	$2.2B	-$122M	0.0%	-6.0%	$2.8B	$7.7B	$5.6B
Dec '21	$2.3B	$386M	0.0%	7.2%	$142M	$8.4B	$4.1B
Sep '21	$3.0B	$376M	0.0%	17.7%	-$1.4B	$8.5B	$5.0B
Jun '21	$2.1B	-$172M	0.0%	-6.3%	$2.3B	$8.5B	$5.5B

Valuation over time

How the market has priced EXPE against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

The price-to-earnings ratio has fallen from 32.4× (Mar '23) to 22.1× (Jun '26).
The price-to-sales ratio has risen from 1.0× (Mar '23) to 2.0× (Jun '26).
The dividend yield has risen from 0.6% (Dec '25) to 0.7% (Jun '26).

Price / earnings (P/E)

P/E

Price / sales (P/S)

P/S

Dividend yield (%)

Dividend yield %

Frequently asked questions

Is EXPE growing its revenue and profit?

Over the past 5 years, Expedia Group's revenue has grown 23.2% per year. These are computed facts, not advice.

How much debt does EXPE have?

As of FY2025, Expedia Group reported $6.2B of total debt against $5.4B of cash; operating income covered interest expense 6.3×.

What is EXPE's profit margin?

In FY2025, gross margin was —, operating margin 12.7%, and net margin 8.8%.

What is EXPE's P/E ratio?

As of Jun '26, Expedia Group traded at a price-to-earnings ratio of about 22.1× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.