Expedia Group Inc. (EXPE)

Net profit margin

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Net income	US$ in thousands	797,000	352,000	12,000	-2,612,000	565,000
Revenue	US$ in thousands	12,534,000	11,327,000	8,359,000	4,977,000	11,882,000
Net profit margin		6.36%	3.11%	0.14%	-52.48%	4.76%

December 31, 2023 calculation

Net profit margin = Net income ÷ Revenue
= $797,000K ÷ $12,534,000K
= 6.36%

The net profit margin of Expedia Group Inc has displayed varying trends over the past five years. In 2023, the net profit margin improved significantly to 6.21%, representing a healthy profitability level compared to the previous year. This positive development indicates that the company was able to effectively manage its costs and generate stronger net income relative to its revenue.

The performance in 2022 also showed an improvement with a net profit margin of 3.02%, suggesting a gradual recovery from the negative margin of -3.13% in 2021. The company experienced a challenging year in 2021 with a negative net profit margin, indicating that expenses exceeded revenues, leading to a loss.

The most significant decline was observed in 2020, where the net profit margin plummeted to -51.68%, reflecting a substantial loss compared to the previous year. However, the company managed to rebound in 2019 with a positive net profit margin of 4.68%, signaling a return to profitability after a challenging period.

Overall, the fluctuation in Expedia Group Inc's net profit margin highlights the importance of continuous monitoring of financial performance and effective cost management strategies to ensure sustainable profitability and long-term growth.