Expedia Group Inc. (EXPE)
Gross profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 4,083,000 | 4,709,000 | 4,253,000 | 3,974,000 | 3,774,000 | 2,939,000 | 3,103,000 | 2,902,000 | 2,791,000 | 3,120,000 | 2,779,000 | 2,301,000 | 1,757,000 | 1,728,000 | 1,009,000 | 287,000 | -240,000 | 1,587,000 | 4,353,000 | 7,435,000 |
| Revenue (ttm) | US$ in thousands | 13,461,000 | 13,205,000 | 13,012,000 | 12,751,000 | 12,581,000 | 12,396,000 | 12,158,000 | 11,945,000 | 11,465,000 | 11,457,000 | 10,704,000 | 9,648,000 | 8,373,000 | 6,685,000 | 5,200,000 | 3,643,000 | 4,960,000 | 6,787,000 | 8,914,000 | 11,557,000 |
| Gross profit margin | 30.33% | 35.66% | 32.69% | 31.17% | 30.00% | 23.71% | 25.52% | 24.29% | 24.34% | 27.23% | 25.96% | 23.85% | 20.98% | 25.85% | 19.40% | 7.88% | -4.84% | 23.38% | 48.83% | 64.33% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $4,083,000K ÷ $13,461,000K
= 30.33%
The gross profit margin of Expedia Group Inc. has shown fluctuations over the past few years. Starting at a healthy level of 64.33% in March 2020, the margin decreased significantly to 4.84% by December 2020, indicating challenges in maintaining profitability. However, the company managed to improve its performance, with the gross profit margin steadily increasing to 30.00% by December 2023.
Subsequently, Expedia Group Inc. experienced further growth in its gross profit margin, reaching 35.66% by September 2024, reflecting enhanced efficiency in generating revenue after overcoming earlier difficulties. This upward trend continued, with the margin slightly decreasing to 30.33% by the end of December 2024.
Overall, the trend in Expedia Group Inc.'s gross profit margin demonstrates a recovery and improvement in the company's ability to generate profit from its core operations over the analyzed period, showcasing a positive trajectory in its financial performance.
Peer comparison
Dec 31, 2024