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Expedia Group, Inc. EXPE Operating margin

Operating margin at other companies

Marcus Corporation logo
Marcus CorporationMCS
4.1%
Marriott International logo
Marriott InternationalMAR
16%+0.9pp
Booking Holdings Inc. logo
Booking Holdings Inc.BKNG
32.6%+0.1pp
Travelzoo logo
TravelzooTZOO
1.9%-14.9pp
Travel + Leisure logo
Travel + LeisureTNL
14.2%-5.1pp
TripAdvisor logo
TripAdvisorTRIP
6.1%-0.7pp

Other financials

Income statement

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Revenue$3.4B+14.7%
Gross profit$3.0B+15.9%
Operating income$251.0M+459%
Net income-$6.0M+97.0%
EPS (diluted)-$0.05+96.8%

Balance sheet

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Cash & equivalents$5.5B-3.1%
Total debt$4.7B-27.2%
Total equity$576.0M-46.3%
Total assets$26.5B+1.3%

Cash flow

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Operating cash flow$3.9B+33.2%
CapEx$184.0M-6.1%
Free cash flow$3.7B+36.0%

Valuation

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Market cap$35.38B+50.4%
Enterprise value$34.54B+45.8%
P/E23.8×+2.6×
P/S2.3×+0.7×

Profitability

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Gross margin90.3%+0.7pp
Net margin9.8%+1.3pp
FCF margin48.9%

Returns & leverage

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Return on equity180.6%+61.4pp
Debt / equity8.2×+2.1×
Current ratio0.7×0.0×

Where this comes from

Calculated from Expedia Group, Inc.’s reported figures.

Based on trailing twelve months.

The source filing: Expedia Group, Inc.’s 10-Q, filed May 8, 2026. Open the filing →

Filed
May 7, 2026, 8:00 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001324424-26-000035

FAQ

What is Expedia Group, Inc.'s operating margin?
Expedia Group, Inc. (EXPE) reported operating margin of 14.4% in Q1 2026.
How has Expedia Group, Inc.'s operating margin changed year-over-year?
Expedia Group, Inc.'s operating margin increased by 46.6% year-over-year, from 9.9% to 14.4%.
What is the long-term trend for Expedia Group, Inc.'s operating margin?
Over 5 years (2020 to 2025), Expedia Group, Inc.'s operating margin has grown at a -24.7% compound annual growth rate (CAGR), from -52.3% to 12.7%.
What does operating margin mean?
Operating income as a percentage of revenue (trailing twelve months). Captures profitability from core operations after both cost of revenue and operating expenses, but before interest and taxes.

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