Expedia Group Inc. (EXPE)
Return on assets (ROA)
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 797,000 | 352,000 | 12,000 | -2,612,000 | 565,000 |
| Total assets | US$ in thousands | 21,642,000 | 21,561,000 | 21,548,000 | 18,690,000 | 21,416,000 |
| ROA | 3.68% | 1.63% | 0.06% | -13.98% | 2.64% |
December 31, 2023 calculation
ROA = Net income ÷ Total assets
= $797,000K ÷ $21,642,000K
= 3.68%
Expedia Group Inc's return on assets (ROA) has varied significantly over the past five years. In 2023, the ROA improved substantially to 3.68%, indicating that the company generated $0.0368 in profit for every dollar of assets. This represents a positive trend compared to the previous year, where the ROA was 1.63%.
In 2021, Expedia Group Inc experienced a negative ROA of -1.25%, suggesting that the company incurred a loss relative to its assets. The most significant decline in ROA was observed in 2020 when it dropped to -14.38%, signaling significant challenges in profitability and asset utilization during that year.
It's worth noting that in 2019, Expedia Group Inc achieved a relatively healthy ROA of 2.64%, indicating efficient asset management and profitability. Overall, the trend in ROA for Expedia Group Inc has been volatile, with improvements in recent years offsetting the challenges seen in the past. Further analysis and investigation into the company's financial health and operational efficiency would be necessary to better understand the factors driving these fluctuations in ROA.
Peer comparison
Dec 31, 2023