Expedia Group Inc. (EXPE)
Return on assets (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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 797,000 | 842,000 | 899,000 | 329,000 | 352,000 | 561,000 | 455,000 | 468,000 | 12,000 | -757,000 | -1,325,000 | -1,889,000 | -2,612,000 | -2,153,000 | -1,552,000 | -633,000 | 565,000 | 506,000 | 622,000 | 440,000 |
| 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 |
| ROA | 3.68% | 3.74% | 3.50% | 1.32% | 1.63% | 2.56% | 1.84% | 1.90% | 0.06% | -3.45% | -5.48% | -8.64% | -13.98% | -10.94% | -7.09% | -3.10% | 2.64% | 2.37% | 2.80% | 2.10% |
December 31, 2023 calculation
ROA = Net income (ttm) ÷ Total assets
= $797,000K ÷ $21,642,000K
= 3.68%
Expedia Group Inc's return on assets (ROA) has shown fluctuations over the past eight quarters. In Q4 2023, the ROA stood at 3.68%, indicating that the company generated $0.0368 in profit for every dollar of assets it owns during that period. This represented a slight decrease from the previous quarter's ROA of 3.74%.
Comparing the latest ROA to earlier quarters, it is evident that Expedia's performance has improved significantly since Q1 2023, where the ROA was only 1.32%. This indicates that the company has been more efficient in generating profits from its assets in recent quarters.
On a year-over-year basis, there has been a notable improvement in ROA, with Q4 2023's 3.68% surpassing Q4 2022's 1.63%. This suggests that Expedia has managed to enhance its asset utilization and generate higher returns for its shareholders.
Overall, Expedia Group Inc's fluctuating ROA trends indicate varying levels of asset efficiency and profitability over the evaluated period. Investors and stakeholders may find it beneficial to monitor these metrics to assess the company's operational performance and financial health.
Peer comparison
Dec 31, 2023