Expedia Group Inc. (EXPE)

Operating return on assets (Operating ROA)

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating income	US$ in thousands	1,319,000	1,033,000	1,085,000	186,000	-2,719,000
Total assets	US$ in thousands	22,388,000	21,642,000	21,561,000	21,548,000	18,690,000
Operating ROA		5.89%	4.77%	5.03%	0.86%	-14.55%

December 31, 2024 calculation

Operating ROA = Operating income ÷ Total assets
= $1,319,000K ÷ $22,388,000K
= 5.89%

The operating return on assets (ROA) for Expedia Group Inc. has shown a fluctuating trend over the years, reflecting the company's operational efficiency and profitability.

In December 2020, the operating ROA was negative at -14.55%, indicating that the company's operating income generated from its assets was insufficient to cover the asset base.

However, by December 2021, Expedia Group Inc. was able to turn its performance around, achieving a positive operating ROA of 0.86%. This improvement suggests that the company was able to enhance its operational efficiency and generate a modest return on its assets.

By December 2022, the operating ROA further increased to 5.03%, indicating a notable enhancement in the company's ability to utilize its assets effectively to generate operating income.

In the following year, December 2023, the operating ROA slightly decreased to 4.77%. This could be due to various factors such as changes in the industry landscape, operating costs, or economic conditions impacting the company's profitability.

Finally, by December 2024, Expedia Group Inc. saw a further improvement in its operating ROA, reaching 5.89%. This uptick suggests that the company continued to optimize its asset utilization and operational performance, leading to a higher return on its asset base.

Overall, the trend in Expedia Group Inc.'s operating ROA indicates a mix of challenges and successes in effectively converting its assets into operating income over the years, showcasing the company's efforts to improve operational efficiency and profitability.