Expedia Group Inc. (EXPE)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 1,234,000 | 797,000 | 352,000 | 12,000 | -2,612,000 |
| Revenue | US$ in thousands | 13,585,000 | 12,534,000 | 11,327,000 | 8,359,000 | 4,977,000 |
| Net profit margin | 9.08% | 6.36% | 3.11% | 0.14% | -52.48% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $1,234,000K ÷ $13,585,000K
= 9.08%
Based on the data provided, the net profit margin of Expedia Group Inc. has shown a significant improvement over the years. The net profit margin was negative at -52.48% as of December 31, 2020, indicating that the company was incurring losses. However, by the end of December 31, 2021, the net profit margin turned positive at 0.14%, albeit at a very low level.
Subsequently, there was a steady increase in the net profit margin, reaching 3.11% by December 31, 2022, indicating a better profitability position for the company. This positive trend continued, with the net profit margin rising to 6.36% by December 31, 2023, and further increasing to 9.08% as of December 31, 2024.
The consistent improvement in Expedia Group Inc.'s net profit margin over the years suggests that the company has been able to effectively manage its costs and generate higher profits relative to its revenue. This indicates a positive trajectory for the company's financial performance and may reflect efficient operations and strategic decision-making.
Peer comparison
Dec 31, 2024