Expedia Group Inc. (EXPE)
Return on assets (ROA)
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Net income | US$ in thousands | 1,234,000 | 797,000 | 352,000 | 12,000 | -2,612,000 |
Total assets | US$ in thousands | 22,388,000 | 21,642,000 | 21,561,000 | 21,548,000 | 18,690,000 |
ROA | 5.51% | 3.68% | 1.63% | 0.06% | -13.98% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $1,234,000K ÷ $22,388,000K
= 5.51%
Expedia Group Inc.'s return on assets (ROA) has shown a significant turnaround over the years. Starting from a negative ROA of -13.98% on December 31, 2020, the company managed to improve its performance steadily, reaching a modest 0.06% on December 31, 2021. The positive trend continued with ROA increasing to 1.63% on December 31, 2022, indicating better utilization of its assets to generate profits.
By December 31, 2023, Expedia Group Inc. further enhanced its efficiency in asset management, achieving a ROA of 3.68%. This demonstrates the company's ability to generate a higher return relative to the value of its assets. The positive momentum was sustained, leading to a ROA of 5.51% as of December 31, 2024, reflecting a strong performance in maximizing asset efficiency and profitability.
Overall, the upward trajectory of Expedia Group Inc.'s ROA signifies improved operational effectiveness in generating profits from its assets, showcasing positive financial health and management effectiveness.
Peer comparison
Dec 31, 2024