Expedia Group Inc. (EXPE)
Net profit margin
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 797,000 | 842,000 | 899,000 | 329,000 | 352,000 | 561,000 | 455,000 | 468,000 | 12,000 | -757,000 | -1,325,000 | -1,889,000 | -2,612,000 | -2,153,000 | -1,552,000 | -633,000 | 565,000 | 506,000 | 622,000 | 440,000 |
| Revenue (ttm) | US$ in thousands | 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 | 11,954,000 | 11,766,000 | 11,477,000 | 11,192,000 |
| Net profit margin | 6.33% | 6.79% | 7.39% | 2.75% | 3.07% | 4.90% | 4.25% | 4.85% | 0.14% | -11.32% | -25.48% | -51.85% | -52.66% | -31.72% | -17.41% | -5.48% | 4.73% | 4.30% | 5.42% | 3.93% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $797,000K ÷ $12,581,000K
= 6.33%
The net profit margin of Expedia Group Inc has shown some fluctuations over the past eight quarters. In Q4 2023, the net profit margin was 6.21%, lower than the previous quarter (Q3 2023) which was 6.70%. However, it is still higher than the margins reported in Q2 2023 (7.33%) and Q1 2023 (2.72%). Comparing the current net profit margin to the same quarter in the previous year (Q4 2022), there has been an improvement from 3.02% to 6.21%.
Looking at the trend over the last two years, there has been a general upward trend in the net profit margin, starting from 2.24% in Q1 2022 to the most recent quarter at 6.21%. This indicates an overall improvement in the company's profitability over time.
It is essential to monitor the net profit margin closely as it reflects the company's efficiency in generating profits from its revenue. Fluctuations in the net profit margin can be influenced by various factors such as operating expenses, revenue streams, and economic conditions. Expedia Group Inc should continue to focus on optimizing its operational efficiency to sustain and potentially improve its profitability in the future.
Peer comparison
Dec 31, 2023