Expedia Group Inc
Exchange: NASDAQSector: IndustrialsIndustry: Travel Services
Expedia Group, Inc. brands power travel for everyone, everywhere through our global platform. Driven by the core belief that travel is a force for good, Expedia Group™ helps people experience the world in new ways and build lasting connections. Expedia Group's three flagship consumer brands are Expedia®, Hotels.com®, and Vrbo®. Its B2B arm, Private Label Solutions, delivers industry-leading technology solutions to fuel partner growth and success, while facilitating memorable experiences for travelers. Expedia Group Advertising helps partners extend their reach and connect with travelers across its travel sites and a broad range of offsite channels through its travel media network. © 2025 Expedia, Inc., an Expedia Group company. All rights reserved. Expedia Group and the Expedia Group logo are trademarks of Expedia, Inc. CST: 2029030-50.
Current Price
$217.73
+0.26%GoodMoat Value
$183.55
15.7% overvaluedProfile
Valuation (TTM)
Market Cap$26.68B
P/E17.93
EV$28.12B
P/B20.78
Shares Out122.53M
P/Sales1.76
Revenue$15.17B
EV/EBITDA7.57
Expedia Group Inc (EXPE) Stock Analysis
GoodMoat Analysis
Expedia Group is a major online travel platform with a potentially durable competitive moat, scoring well on network effects and scale. However, its valuation appears unfavourable, trading at a significant premium to the GoodMoat target price, and its high financial leverage is a notable risk.
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Expedia Group operates a leading portfolio of online travel platforms, including Expedia.com, Vrbo, and Hotels.com, connecting travelers with lodging, flights, and activities. Applying the GoodMoat framework, the business likely possesses a durable competitive advantage, scoring well in Moat Identification. It demonstrates strong network effects through its two-sided marketplace, scale privilege in its global infrastructure, and brand recognition. Its strategic partnerships with hotels and airlines also contribute to its moat. This suggests the business passes the initial Moat & Quality Gate for further analysis. However, the valuation assessment presents a significant hurdle. The current stock price of $237.24 is 29% above the GoodMoat target of $183.55, indicating a negative margin of safety. This places it in the 'Unfavourable' band of the Decision Framework's Valuation & Risk Gate. Furthermore, the company carries substantial financial leverage, with a Debt/Equity ratio of 5.0, which is a high-confidence red flag for risk. While the business shows solid fundamentals with an ROE of 100.8% and a healthy FCF Yield of 10.7%, the combination of an elevated price and high leverage makes the current investment case challenging from a strict value perspective. A value investor may find it worth investigating further only if convinced the leverage is manageable and a more attractive entry price emerges. Analysis based on data as of 2024-05-15.
Market Cap$26.68B
Current Price$217.73
P/E Ratio17.93
Forward P/E—
PEG Ratio-0.19
EPS$9.81
Book Value$10.48
P/B Ratio20.78
EXPE Financial Charts
FCF vs CAPEX
FCFCAPEX
Forward estimates use 11.6% FCF growth (CAGR)
Cash vs Debt
Net Cash: 561M
Revenue
12.1B
FY19
5.2B
FY20
8.6B
FY21
11.7B
FY22
12.8B
FY23
13.7B
FY24
14.7B
FY25
Net Income
565M
FY19
—
FY20
12M
FY21
352M
FY22
797M
FY23
1.2B
FY24
1.3B
FY25
EXPE 52-Week Range
$157.74
$300.74
50-Day MA: $239.24200-Day MA: $237.32
Did you know?
EXPE's revenue grew at a 3.4% CAGR over the last 6 years.
Expedia Group Inc (EXPE) Financial Summary
Expedia Group Inc (EXPE) is a Industrials company in the Travel Services industry, listed on NASDAQ. The stock currently trades at $217.73 with a market capitalization of $26.68B.
Key valuation metrics include a P/E ratio of 17.93, price-to-book ratio of 20.78, and EPS of $9.81. The company reports a profit margin of 9.8% and return on equity of 115.9%.
EXPE Key Financial Metrics
| Metric | Value |
|---|---|
| Market Cap | $26.68B |
| P/E Ratio | 17.93 |
| EPS | $9.81 |
| P/B Ratio | 20.78 |
| P/S Ratio | 1.76 |
| EV/EBITDA | 7.57 |
| Dividend Yield | 0.75% |
| Profit Margin | 9.8% |
| Return on Equity | 115.9% |
| Debt/Equity | 5.00 |
EXPE Revenue & Earnings History
| Year | Revenue | Net Income |
|---|---|---|
| FY19 | $12.07B | $565.00M |
| FY20 | $5.20B | $-2.61B |
| FY21 | $8.60B | $12.00M |
| FY22 | $11.67B | $352.00M |
| FY23 | $12.84B | $797.00M |
| FY24 | $13.69B | $1.23B |
| FY25 | $14.73B | $1.29B |
Expedia Group Inc (EXPE) Valuation
Based on GoodMoat's DCF model, Expedia Group Inc has a fair value estimate of $183.55. At the current price of $217.73, the stock appears 18.6% overvalued relative to our intrinsic value estimate.
EXPE Quality Indicators
Expedia Group Inc maintains a profit margin of 9.8% and an operating margin of 12.7%. Return on equity stands at 115.9%. The current ratio is 0.73. Debt-to-equity ratio is 5.00.
About Expedia Group Inc
Expedia Group, Inc. brands power travel for everyone, everywhere through our global platform. Driven by the core belief that travel is a force for good, Expedia Group™ helps people experience the world in new ways and build lasting connections. Expedia Group's three flagship consumer brands are Expedia®, Hotels.com®, and Vrbo®. Its B2B arm, Private Label Solutions, delivers industry-leading technology solutions to fuel partner growth and success, while facilitating memorable experiences for travelers. Expedia Group Advertising helps partners extend their reach and connect with travelers across its travel sites and a broad range of offsite channels through its travel media network. © 2025 Expedia, Inc., an Expedia Group company. All rights reserved. Expedia Group and the Expedia Group logo are trademarks of Expedia, Inc. CST: 2029030-50.
EXPE Free Cash Flow
Expedia Group Inc generated $3.11B in trailing twelve-month free cash flow, representing an FCF yield of 11.66%. This strong FCF yield suggests the company generates substantial cash relative to its market value.
EXPE Shares Outstanding
Expedia Group Inc has 0.12 billion shares outstanding at a share price of $217.73, giving it a market capitalization of $26.68B.
EXPE Recent Insider Trades
Recent insider transactions at Expedia Group Inc include:
| Insider | Type | Shares | Value |
|---|---|---|---|
| Dzielak Robert J (Chief Legal Officer & Sec'y) | SELL | 8,225 | $1.82M |