Expedia Group Inc. (EXPE)
Pretax margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 1,552,000 | 1,127,000 | 547,000 | -41,000 | -3,035,000 |
| Revenue | US$ in thousands | 13,585,000 | 12,534,000 | 11,327,000 | 8,359,000 | 4,977,000 |
| Pretax margin | 11.42% | 8.99% | 4.83% | -0.49% | -60.98% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $1,552,000K ÷ $13,585,000K
= 11.42%
Expedia Group Inc.'s pretax margin has shown a positive trend over the years based on the provided data. The company experienced significant losses with a pretax margin of -60.98% as of December 31, 2020, indicating challenges in profitability. However, in the following year, the pretax margin improved to -0.49%, signaling a reduction in losses.
In the subsequent years, Expedia demonstrated a notable recovery in profitability. As of December 31, 2022, the pretax margin increased to 4.83%, showing a move into positive territory. The positive trend continued with pretax margins of 8.99% and 11.42% as of December 31, 2023, and December 31, 2024, respectively.
This improvement in pretax margin points towards enhanced operational efficiency and cost control measures implemented by Expedia Group Inc. It suggests that the company has been more successful in generating profits before accounting for taxes, which is a positive signal for investors and stakeholders. Monitoring this trend in pretax margin can provide insights into the company's financial health and overall performance.
Peer comparison
Dec 31, 2024