Is the business good?
How good a business is EXPE?
Expedia Group keeps 16% of every revenue dollar as operating profit, against 16% for the median Travel Services name.
16%
Operating margin · Travel Services median 16% · 12 months to Q2 2026
- Cash conversion
- 2.19×
Cash conversion · 1.79× a year ago · every dollar of reported profit arrived as cash, and more
- Share count, year on year
- −7.7%
Share count, year on year · bought back, each share owns more of the company
- Gross margin
- 90%
Gross margin
| Year | Operating margin |
|---|---|
| FY2020 | −52% |
| FY2021 | 2.2% |
| FY2022 | 9.3% |
| FY2023 | 8.1% |
| FY2024 | 9.6% |
| FY2025 | 13% |
Details›
- Gross margin12 months to Q2 2026
- 90%
- Operating margin12 months to Q2 2026
- 16%
- Net margin12 months to Q2 2026
- 13%
- Free cash flow margin
- 28%
- Revenue, trailing twelve months
- $15.7B
- Free cash flow, trailing twelve months
- $4.46B
- Net income, trailing twelve months
- $2.04B
Margins, capital and share counts from the statements as filed with the SEC; cash conversion from the cash flow statement.