Expedia Group Inc. (EXPE)

Total asset turnover

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	US$ in thousands	13,585,000	12,534,000	11,327,000	8,359,000	4,977,000
Total assets	US$ in thousands	22,388,000	21,642,000	21,561,000	21,548,000	18,690,000
Total asset turnover		0.61	0.58	0.53	0.39	0.27

December 31, 2024 calculation

Total asset turnover = Revenue ÷ Total assets
= $13,585,000K ÷ $22,388,000K
= 0.61

Expedia Group Inc.'s total asset turnover has shown a positive trend over the past five years, increasing from 0.27 in December 31, 2020, to 0.61 in December 31, 2024. This indicates that the company is generating more revenue relative to its total assets, which is generally a positive sign of operational efficiency. The rising total asset turnover suggests that Expedia Group Inc. has been able to utilize its assets more effectively to generate sales. This improvement could be attributed to better asset management, increased productivity, or more efficient utilization of resources. Overall, the increasing trend in total asset turnover reflects positively on Expedia Group Inc.'s ability to drive revenue from its asset base.