Expedia Group (EXPE) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Expedia Group

NasdaqGS•Consumer Cyclical•Travel Services

$284.55-2.42(-0.01%)After hours

Market Cap

$34.21B

P/E

16.8x

P/S

2.2x

P/B

28.3x

Expedia Group, Inc. operates as an online travel company in the United States and internationally. The company operates through B2C, B2B, and trivago segments. The B2C segment includes Brand Expedia, a full-service online travel brand offers various travel products and services; Hotels.com for lodging accommodations; Vrbo, an online marketplace for the alternative accommodations; and Orbitz, Travelocity, ebookers, and Wotif Group. The B2B segment provides various travel and non-travel companies including airlines, offline travel agents, online retailers, corporate travel management, and financial institutions who leverage its travel technology and tap into its diverse supply to augment their offerings and market Expedia Group rates and availabilities to its travelers. The trivago segment sends referrals to online travel companies and travel service providers from hotel metasearch websites. In addition, it provides brand advertising through online and offline channels, loyalty programs, mobile apps, and search engine marketing, as well as metasearch, social media, direct and personalized traveler communications on its websites, and through direct e-mail communication with its travelers. The company was formerly known as Expedia, Inc. and changed its name to Expedia Group, Inc. in March 2018. Expedia Group, Inc. was founded in 1996 and is headquartered in Seattle, Washington.

How this company scores

GoodMetricSide Score: 78/100

Strongest: Profitability (25/25); weakest: Balance Sheet & Red Flags (13/25).

Profitability25/25

Growth23/25

Balance Sheet & Red Flags13/25

Cash & Earnings Quality17/25

Strengths

Rising free cash flowStrong marginsHigh ROERising earnings

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 16.8x5y range 16.8x – 1858.8x

Currently below its 19-quarter median.

P/S · 2.2x5y range 1.2x – 3.5x

Currently above its 20-quarter median.

P/B · 28.3x5y range 6.0x – 47.9x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Margin Pressure

Red Flag

The company posted negative operating margins in recent quarters — core operations are unprofitable.

Earnings Quality

Red Flag

FCF consistently trails net income (avg -40.6x) — earnings may be inflated by non-cash items or aggressive accounting.

Price & Volume

Market Cap $34.21B

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $15.70B
Q. Revenue: $4.32B
TTM EBITDA: $3.41B
TTM Op. Income: $2.51B
Q. Op. Income: $800.00M
TTM Net Income: $2.04B
Q. Net Income: $875.00M
EPS: $7.3
Shares Out.: $120.22M

$15.70B in TTM revenue grew 12.0% YoY, reaching $4.32B last quarter. TTM EBITDA of $3.41B and TTM operating income of $2.51B show growth is flowing through to the bottom line. TTM net income of $2.04B means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 7 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

EBITDA Margin: 23.8%
Op. Margin: 18.5%
Net Margin: 20.3%

Op. margin of 18.5% is up 5.7% YoY — cost efficiency is improving. Net margin at 20.3% Over the past year, operating margin is up 45% — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 16.8x
P/S Ratio: 2.2x
P/B Ratio: 28.3x

At 16.8x P/E, the stock trades within typical market levels. P/S of 2.2x and P/B of 28.3x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Across the last 8 quarters, P/E has fallen for 2 consecutive quarters — an improving trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $29.06B
Cash: $6.68B
Long-Term Debt: $5.46B
Book Value: $1.21B
D/E Ratio: 4.5
Debt/EBITDA: 5.3

With $29.06B in assets and $5.46B in long-term debt, D/E is 4.5and book value is $1.21B — elevated leverage, meaning significant financial risk in a downturn. Over the past year, debt/equity is down 15% — an improving trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $1.48B
TTM Free Cash Flow: $4.46B
FCF Margin: 28.4%
FCF / Net Income: 2.2

TTM FCF of $4.46B on $1.48B in operating cash flow. The FCF / Net Income ratio of 2.2x means free cash flow covers net income — earnings are backed by cash. Across the last 8 quarters, free cash flow has risen for 4 consecutive quarters — an improving trend.