Expedia Group Inc. (EXPE)

Operating profit margin

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	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
Operating income (ttm)	US$ in thousands	1,319,000	1,207,000	1,052,000	1,044,000	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
Revenue (ttm)	US$ in thousands	13,461,000	13,205,000	13,012,000	12,751,000	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
Operating profit margin		9.80%	9.14%	8.08%	8.19%	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%

December 31, 2024 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $1,319,000K ÷ $13,461,000K
= 9.80%

Expedia Group Inc.'s operating profit margin experienced fluctuations over the analyzed period, starting with negative figures in March 2020 (-2.25%) and declining even further by December 2020 (-54.82%). This downward trend continued until March 2021 with a low of -49.25%. However, a notable turnaround began in December 2021, marking a positive operating profit margin of 2.22%.

From there, the company's operating profit margin showed a consistent improvement, gradually increasing to 9.80% by December 2024. This positive momentum reflects Expedia Group's ability to enhance operational efficiency and generate higher profits relative to its revenue.

Overall, the trend suggests that Expedia Group Inc. successfully navigated through challenging times to achieve healthier operating profit margins, indicating a more sustainable financial performance and potentially strengthening investor confidence in the company's operations.