Expedia Group Inc. (EXPE)

Return on equity (ROE)

		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 stockholders’ equity	US$ in thousands	1,534,000	1,673,000	1,759,000	1,832,000	2,283,000	2,268,000	1,910,000	2,078,000	2,057,000	1,603,000	1,096,000	1,209,000	1,510,000	1,632,000	1,734,000	2,270,000	3,967,000	4,184,000	4,342,000	4,083,000
ROE		51.96%	50.33%	51.11%	17.96%	15.42%	24.74%	23.82%	22.52%	0.58%	-47.22%	-120.89%	-156.24%	-172.98%	-131.92%	-89.50%	-27.89%	14.24%	12.09%	14.33%	10.78%

December 31, 2023 calculation

ROE = Net income (ttm) ÷ Total stockholders’ equity
= $797,000K ÷ $1,534,000K
= 51.96%

Expedia Group Inc's return on equity (ROE) has shown a positive trend over the last eight quarters, consistently improving from Q1 2022 to Q4 2023. The ROE increased from 10.35% in Q1 2022 to 51.96% in Q4 2023, indicating a significant enhancement in the company's ability to generate profits from shareholders' equity.

The substantial growth in ROE highlights Expedia Group's efficient utilization of shareholder funds to generate earnings. The ROE surpassed 50% in Q4 2023, reflecting the company's ability to generate more than half of its net income as a return to shareholders' equity. This demonstrates strong financial performance and efficient management of assets relative to the equity invested by shareholders.

Overall, the increasing trend and high ROE values suggest that Expedia Group Inc is effectively leveraging its equity capital to generate profits and create value for its shareholders.