Expedia Group, Inc.
EXPE Consumer Cyclical Travel Services
Expedia Group, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $14.7 billion, up 7.61% from fiscal 2024.
- Revenue
- +14.0%
- EPS
- +179.7%
- Free cash flow
- +38.9%
- Total debt
- −12.1%
Quarter to June 2026, against a year earlier
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Expedia Group, Inc. (EXPE) Operating margin
Expedia Group, Inc.'s operating margin over the twelve months to 30 June 2026 was 16.0%, up 3.3 percentage points from fiscal 2025 (12.7%). Over the past ten years it has ranged from −52.3% (fiscal 2020) to 12.7% (fiscal 2025) — the current reading is the highest in ten years. That is in line with the Travel Services industry median of 15.5% and above the Consumer Cyclical sector median of 4.15%.
Operating margin, annual
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Annual newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| FY2025 | 12.7% | 3.07 |
| FY2024 | 9.63% | 1.58 |
| FY2023 | 8.05% | (1.25) |
| FY2022 | 9.30% | 7.14 |
| FY2021 | 2.16% | 54.46 |
| FY2020 | −52.3% | (59.78) |
| FY2019 | 7.48% | 1.12 |
| FY2018 | 6.36% | 0.15 |
| FY2017 | 6.21% | 0.94 |
| FY2016 | 5.27% | (0.93) |
Quarterly newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| Jun 2026 | 18.5% | 11.21 |
| Mar 2026 | 7.33% | (4.51) |
| Dec 2025 | 11.8% | (11.64) |
| Sep 2025 | 23.5% | 10.67 |
| 42 more quarters | Free account |
Against its own ten years
Operating margin against peers
| Company | Operating margin |
|---|---|
| BKNG Booking Holdings Inc. compare | 32.9% |
| RCL Royal Caribbean Cruises Ltd. compare | 27.3% |
| VIK Viking Holdings Ltd. compare | 23.3% |
| ABNB Airbnb, Inc. compare | 20.8% |
| TCOM Trip.com Group Limited Sponsored ADR compare | 16.1% |
| CCL Carnival Corporation compare | 16.0% |
| EXPE Expedia Group, Inc. | 16.0% |
| NCLH Norwegian Cruise Line Holdings Ltd. compare | 15.1% |
| TNL Travel + Leisure Co. compare | 13.7% |
| Travel Services industry median | 15.5% |
| Consumer Cyclical sector median | 4.15% |
| Market median | 0.00% |
What Operating margin is
EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.
EBIT ÷ Revenue
More on EXPE
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
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- The full statement