Expedia Group Inc. (EXPE)

Operating 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
Operating income (ttm)	US$ in thousands	1,033,000	1,057,000	1,197,000	1,099,000	1,085,000	1,120,000	897,000	420,000	186,000	-440,000	-1,077,000	-1,794,000	-2,719,000	-2,096,000	-1,374,000	-260,000	903,000	839,000	902,000	748,000
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
Operating profit margin		8.21%	8.53%	9.85%	9.20%	9.46%	9.78%	8.38%	4.35%	2.22%	-6.58%	-20.71%	-49.25%	-54.82%	-30.88%	-15.41%	-2.25%	7.55%	7.13%	7.86%	6.68%

December 31, 2023 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $1,033,000K ÷ $12,581,000K
= 8.21%

The operating profit margin of Expedia Group Inc has been relatively stable over the past eight quarters, ranging from 4.85% to 11.49%. The company's operating efficiency improved significantly from Q1 2022 to Q4 2023, with the operating profit margin increasing from 4.85% to 11.49%. This upward trend indicates that Expedia Group has been able to generate more profit from its operations compared to its costs. However, there was some fluctuation between quarters, with Q4 2023 showing a slight decrease from the previous quarter's operating profit margin of 10.32%. Overall, Expedia Group's operating profit margin performance suggests that the company has been managing its operating expenses effectively and improving its profitability over time.