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

285.93 3.20 +1.13%
Market cap
$33.9B
P/E
17.1×
Fwd P/E
15.2×
Dividend yield
0.64%
F-score
8/9
Altman Z
1.71
Beneish M
−2.77
Dividend safety
70/100

Expedia Group, Inc. (EXPE) Operating margin

Alert me on 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

Against its own ten years

Low −52.3% High 12.7%
Ten-year median 6.36%
Current reading's percentile 100

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

The full definition of Operating margin →

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