Expedia Group Inc. (EXPE)

Debt-to-equity ratio

Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Long-term debt US$ in thousands 6,253,000 6,240,000 7,715,000 8,216,000 4,189,000
Total stockholders’ equity US$ in thousands 1,534,000 2,283,000 2,057,000 1,510,000 3,967,000
Debt-to-equity ratio 4.08 2.73 3.75 5.44 1.06

December 31, 2023 calculation

Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $6,253,000K ÷ $1,534,000K
= 4.08

The debt-to-equity ratio of Expedia Group Inc has shown significant fluctuations over the past five years. As of December 31, 2023, the ratio stands at 4.08, indicating that the company's level of debt in relation to its equity is relatively high. This represents an increase from the previous year's ratio of 2.73.

The ratio was also relatively high in 2021 at 4.11, and notably spiked in 2020 to 6.12, suggesting the company had a higher proportion of debt compared to equity during that period. However, in 2019, the ratio was lower at 1.24, indicating a more conservative debt structure.

The fluctuation in the debt-to-equity ratio may suggest varying levels of financial leverage and risk management strategies employed by the company over the years. Investors and creditors may closely monitor this ratio to assess Expedia Group's capital structure and financial health.


Peer comparison

Dec 31, 2023


See also:

Expedia Group Inc. Debt to Equity