Expedia Group Inc. (EXPE)

Operating return on assets (Operating ROA)

		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
Total assets	US$ in thousands	21,642,000	22,522,000	25,676,000	24,986,000	21,561,000	21,879,000	24,744,000	24,577,000	21,548,000	21,944,000	24,181,000	21,866,000	18,690,000	19,679,000	21,905,000	20,417,000	21,416,000	21,381,000	22,201,000	20,963,000
Operating ROA		4.77%	4.69%	4.66%	4.40%	5.03%	5.12%	3.63%	1.71%	0.86%	-2.01%	-4.45%	-8.20%	-14.55%	-10.65%	-6.27%	-1.27%	4.22%	3.92%	4.06%	3.57%

December 31, 2023 calculation

Operating ROA = Operating income (ttm) ÷ Total assets
= $1,033,000K ÷ $21,642,000K
= 4.77%

Expedia Group Inc's operating return on assets (operating ROA) has shown an improving trend over the past eight quarters. The operating ROA increased steadily from 1.90% in Q1 2022 to 6.82% in Q4 2023. This indicates that the company has been more efficient in generating operating income relative to its total assets over this period.

The operating ROA performance in Q4 2023 at 6.82% marks the highest level within the given timeframe, demonstrating a strong operational profitability for the company. This improvement suggests that Expedia Group Inc has been effectively utilizing its assets to generate operating profits, which is a positive indicator of management efficiency and overall financial health.

Overall, the increasing trend in operating ROA reflects positively on Expedia Group Inc's ability to generate operating income from its asset base, signaling improved operational efficiency and profitability over the analyzed quarters.