Expedia Group Inc. (EXPE)
Operating profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 1,033,000 | 1,085,000 | 186,000 | -2,719,000 | 903,000 |
| Revenue | US$ in thousands | 12,534,000 | 11,327,000 | 8,359,000 | 4,977,000 | 11,882,000 |
| Operating profit margin | 8.24% | 9.58% | 2.23% | -54.63% | 7.60% |
December 31, 2023 calculation
Operating profit margin = Operating income ÷ Revenue
= $1,033,000K ÷ $12,534,000K
= 8.24%
Expedia Group Inc's operating profit margin has exhibited significant variability over the past five years. In 2023, the company's operating profit margin stood at 11.49%, representing a notable improvement from the previous year's 7.04%. This expansion suggests an enhancement in the company's operational efficiency and cost management. The positive trend in operating profit margin since 2020, where it was -31.85%, indicates a successful turnaround and a regained profitability for Expedia Group Inc. However, it is worth noting that the operating profit margin in 2021 was relatively low at 2.70%, highlighting potential challenges in that particular year. Overall, the recent upward trajectory in the operating profit margin showcases improved profitability and operational effectiveness for Expedia Group Inc.
Peer comparison
Dec 31, 2023