Tearsheet
Investment Highlights Market Valuation Price Chart Return vs. Risk About EXPE Interactive Breakdown Better Bets vs. EXPE Latest Trefis Analyses Trade Ideas Recent Active Movers More From Trefis Peer Financials Peer Growth & Margins Peer Valuation Peer Returns Peer Analyses FDIC Bank Data Financials Segment Financials Price Behavior Short Interest Earnings Returns History SEC Filings Insider Activity Industry Resource Links External Quote Links

Expedia (EXPE)

Market Price (10/22/2025): $223.06 | Market Cap: $28.2 Bil
Sector: Consumer Discretionary | Industry: Hotels, Resorts & Cruise Lines

Expedia (EXPE)

Market Price (10/22/2025): $223.06
Market Cap: $28.2 Bil
Sector: Consumer Discretionary
Industry: Hotels, Resorts & Cruise Lines

Investment Highlights Why It Matters Which of these 2 stories sounds closer for this stock?

1. Generates cash flow

The stock generated 4% or more of the share price (called cash flow yield), and shows moderate 10-15% or more growth.

2. Riding a trend

Think Tesla during the pandemic of 2020 when EVs were riding a cultural high, or Nvidia in the current AI boom, or even Figma. These companies don’t have enough yield, or, enough growth, or both - however - they are riding a trend. They have momentum. These can be more volatile - they don’t have the floor of strong cash flow

0 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 20%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 14%, CFO LTM is 2.8 Bil		 Trading close to highs
Dist 52W High is -0.9%, Dist 3Y High is -0.9%		 
1 Attractive yield
FCF Yield is 7.0%		  
2 Low stock price volatility
Vol 12M is 42%		  
0 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 20%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 14%, CFO LTM is 2.8 Bil
1 Attractive yield
FCF Yield is 7.0%
2 Low stock price volatility
Vol 12M is 42%
3 Trading close to highs
Dist 52W High is -0.9%, Dist 3Y High is -0.9%

Market Valuation & Key Metrics

EXPES&P 500
REVENUE GROWTHFAIR
Rev LTM ($ Bil)14.0
Rev Chg Q6.4%6.1%
Rev Chg LTM5.7%5.2%
Rev Chg 3Y Avg9.6%5.4%
PROFITABILITYFAIR
Op Inc LTM ($ Bil)1.7
Op Mgn LTM12.1%18.6%
CFO LTM ($ Bil)2.8
CFO/Rev LTM19.8%20.4%
Net Inc LTM ($ Bil)1.1
Net Inc Mgn7.9%12.7%
VALUATIONMODERATE
P/S2.03.2
P/CFO10.215.9
P/FCF14.121.0
P/E25.324.2
STABILITYVERY GOOD
Debt/Equity0.230.21
Cash/Assets0.250.07

EXPE Stock

Return vs. Risk

Price Returns Compared

 202020212022202320242025Total [1]
Returns
EXPE Return23%36%-52%73%23%22%101%
Peers Return13%20%-36%55%40%11%111%
S&P 500 Return16%27%-19%24%23%15%106%

Monthly Win Rates [3]
EXPE Win Rate67%58%33%50%67%56% 
Peers Win Rate50%55%37%60%55%53% 
S&P 500 Win Rate58%75%42%67%75%67% 

Max Drawdowns [4]
EXPE Max Drawdown-58%-7%-54%0%-28%-27% 
Peers Max Drawdown-43%-8%-42%-6%-16%-25% 
S&P 500 Max Drawdown-31%-1%-25%-1%-2%-15% 

[1] Cumulative total returns since the beginning of 2020
[2] Peers: GOOGL, BKNG, EBAY, TRIP, TZOO. See EXPE Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 10/21/2025 (YTD)

How Low Can It Go

Unique KeyEventEXPES&P 500
2022 Inflation Shock2022 Inflation Shock  
2022 Inflation Shock% Loss% Loss-60.9%-25.4%
2022 Inflation Shock% Gain to Breakeven% Gain to Breakeven155.5%34.1%
2022 Inflation ShockTime to BreakevenTime to Breakeven968 days464 days
2020 Covid Pandemic2020 Covid Pandemic  
2020 Covid Pandemic% Loss% Loss-62.8%-33.9%
2020 Covid Pandemic% Gain to Breakeven% Gain to Breakeven169.0%51.3%
2020 Covid PandemicTime to BreakevenTime to Breakeven236 days148 days
2018 Correction2018 Correction  
2018 Correction% Loss% Loss-40.9%-19.8%
2018 Correction% Gain to Breakeven% Gain to Breakeven69.1%24.7%
2018 CorrectionTime to BreakevenTime to Breakeven460 days120 days
2008 Global Financial Crisis2008 Global Financial Crisis  
2008 Global Financial Crisis% Loss% Loss-82.7%-56.8%
2008 Global Financial Crisis% Gain to Breakeven% Gain to Breakeven479.2%131.3%
2008 Global Financial CrisisTime to BreakevenTime to Breakeven1874 days1480 days

Compare to GOOGL, BKNG, EBAY, TRIP, TZOO


In The Past

Expedia's stock fell -60.9% during the 2022 Inflation Shock from a high on 2/16/2022. A -60.9% loss requires a 155.5% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth over time.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Expedia (EXPE)

Interactive Breakdown

Expedia Interactive Breakdown Analysis

Better Bets than Expedia (EXPE)

 EXPEBetter Performance than EXPE
MetricValueIndustry (Hotels, Resorts & Cruise Lines)
Rev Chg LTM5.7%BKNG (11.7%), RCL (12.1%), ABNB (10.2%), HLT (6.3%), CCL (7.1%)
Rev Chg 3Y Avg9.6%BKNG (19.9%), RCL (65.4%), ABNB (16.3%), MAR (13.2%), HLT (15.4%)
Op Mgn LTM12.1%BKNG (32.8%), RCL (26.4%), ABNB (22.5%), MAR (15.4%), HLT (21.1%)
CFO/Rev LTM19.8%BKNG (38.3%), RCL (33.4%), ABNB (37.2%), HLT (20.5%), CCL (21.4%)
FCF/Rev LTM14.2%BKNG (36.9%), RCL (20.9%), ABNB (37.2%), HLT (18.7%), MMYT (15.6%)
Total Yield4.2%RCL (4.6%), MAR (4.3%), CCL (6.7%), NCLH (6.7%), WH (7.3%)
 EXPEBetter Performance than EXPE
MetricValueAll Other Sectors
Rev Chg LTM5.7%NVDA (71.6%), AAPL (6.0%), MSFT (14.9%), GOOGL (13.1%), META (19.4%)
Rev Chg 3Y Avg9.6%NVDA (92.0%), MSFT (12.5%), GOOGL (10.2%), META (13.0%), AVGO (24.0%)
Op Mgn LTM12.1%NVDA (58.1%), AAPL (31.9%), MSFT (45.6%), GOOGL (32.7%), META (42.9%)
CFO/Rev LTM19.8%NVDA (46.6%), AAPL (26.6%), MSFT (48.3%), GOOGL (36.0%), META (56.4%)
FCF/Rev LTM14.2%NVDA (43.6%), AAPL (23.5%), MSFT (25.4%), GOOGL (18.0%), META (30.7%)
Total Yield4.2%JPM (6.8%), XOM (9.9%), JNJ (7.5%), BAC (7.0%), PG (4.5%)
 Best Bets In Consumer Discretionary Sector
 EXPEABNB BKNG MCD LOPE PRDO ALSN CROX GRMN WH YUM
What You Pay           
P/E25.730.135.726.225.515.89.119.830.918.628.9
P/EBIT17.330.422.018.219.911.66.817.327.511.016.9
What You Get           
Rev Chg Q6.4%12.7%16.0%5.4%8.8%26.6%-0.2%3.4%20.4%8.2%9.6%
Rev Chg LTM5.7%10.2%11.7%1.2%6.5%6.3%2.7%2.0%19.6%3.9%11.3%
Rev Chg 3Y Avg9.6%16.3%19.9%3.4%5.8%1.7%8.0%14.5%11.0%-3.2%5.9%
FCF/Rev 3Y Avg16.1%40.5%34.6%27.2%22.6%21.0%20.9%19.8%19.4%19.4%19.0%

[1] Choosing top 10 best bets from each sector quarterly is an alpha producing strategy vs sector benchmark
[2] Historical annualized return of 14%, alpha of 2.9%, and sharpe of 0.61

Latest Trefis Analyses

TitleTopicDate
0DASHBOARDS  
1Expedia Earnings Notes  
2How Low Can Expedia Stock Really Go?Return 
3Why CCL, INTG May Be Better Than Expedia StockActionable 
4EXPE's One-Month Rally Offers a Chance to Reevaluate CCLCounter-Intuitive Comparisons 
5EXPE Is Producing Cash, What Is Holding You Back?Actionable 
6Expedia vs Churchill Downs: Which Is A Better Investment?Counter-Intuitive Comparisons 
7Expedia vs Hilton Grand Vacations: Which Is A Better Investment?Counter-Intuitive Comparisons 
8How Does EXPE Stack Up Against Its Peers?Peer Comparison 
9Better Bet Than EXPE Stock: Pay Less Than Expedia To Get More From CCL, NCLH   
10Better Bet Than EXPE Stock: Pay Less Than Expedia To Get More From CCL, NCLH   
11ARTICLES  
12Better Bet Than Expedia Stock: Pay Less To Get More From CCL October 2nd, 2025
13With EXPE Up 19% in a Month, Is It Time to Compare It Against CCL? September 2nd, 2025
14Better Bet Than Expedia Stock: Pay Less To Get More From CCL August 30th, 2025
15S&P 500 Stocks Trading At 52-Week High August 30th, 2025
16S&P 500 Stocks Trading At 52-Week High August 29th, 2025
Title
0DASHBOARDS
1Better Bet Than Expedia Stock: Pay Less To Get More From CCL
2With EXPE Up 19% in a Month, Is It Time to Compare It Against CCL?
3Better Bet Than Expedia Stock: Pay Less To Get More From CCL
4S&P 500 Stocks Trading At 52-Week High
5S&P 500 Stocks Trading At 52-Week High
6ARTICLES
7Expedia Earnings Notes
8How Low Can Expedia Stock Really Go?
9Why CCL, INTG May Be Better Than Expedia Stock
10EXPE's One-Month Rally Offers a Chance to Reevaluate CCL
11EXPE Is Producing Cash, What Is Holding You Back?
12Expedia vs Churchill Downs: Which Is A Better Investment?
13Expedia vs Hilton Grand Vacations: Which Is A Better Investment?
14How Does EXPE Stack Up Against Its Peers?
15Better Bet Than EXPE Stock: Pay Less Than Expedia To Get More From CCL, NCLH 
16Better Bet Than EXPE Stock: Pay Less Than Expedia To Get More From CCL, NCLH 

Trade Ideas

Select past ideas related to EXPE. For more, see Trefis Trade Ideas.

Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
ANF_9302025_Dip_Buyer_FCFYield09302025ANFAbercrombie & FitchDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin		-22.1%-22.1%-22.1%
DECK_9302025_Dip_Buyer_FCFYield09302025DECKDeckers OutdoorDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin		-1.2%-1.2%-6.2%
CHH_9302025_Dip_Buyer_ValueBuy09302025CHHChoice Hotels InternationalDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin		-7.4%-7.4%-7.9%
VAC_9302025_Dip_Buyer_ValueBuy09302025VACMarriott Vacations WorldwideDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin		1.9%1.9%-6.1%
FUN_9302025_Short_Squeeze09302025FUNSix Flags EntertainmentSpecialShort Squeeze PotentialShort Squeeze Potential
Has potential for a short squeeze. High short interest, rising short interest and high debt.		-4.2%-4.2%-11.7%
EXPE_6302022_Dip_Buyer_High_FCF_Yield_ExInd_DE_RevG06302022EXPEExpediaDip BuyDB | FCF Yield | Low D/EDip Buy with High Free Cash Flow Yield
Buying dips for companies with significant free cash flow yield (FCF / Market Cap) and reasonable debt / market cap		-8.1%15.4%-11.7%
EXPE_3312020_Dip_Buyer_High_FCF_Yield_ExInd_DE_RevG03312020EXPEExpediaDip BuyDB | FCF Yield | Low D/EDip Buy with High Free Cash Flow Yield
Buying dips for companies with significant free cash flow yield (FCF / Market Cap) and reasonable debt / market cap		63.1%205.9%-14.9%
Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
ANF_9302025_Dip_Buyer_FCFYield09302025ANFAbercrombie & FitchDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin		-22.1%-22.1%-22.1%
DECK_9302025_Dip_Buyer_FCFYield09302025DECKDeckers OutdoorDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin		-1.2%-1.2%-6.2%
CHH_9302025_Dip_Buyer_ValueBuy09302025CHHChoice Hotels InternationalDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin		-7.4%-7.4%-7.9%
VAC_9302025_Dip_Buyer_ValueBuy09302025VACMarriott Vacations WorldwideDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin		1.9%1.9%-6.1%
FUN_9302025_Short_Squeeze09302025FUNSix Flags EntertainmentSpecialShort Squeeze PotentialShort Squeeze Potential
Has potential for a short squeeze. High short interest, rising short interest and high debt.		-4.2%-4.2%-11.7%
EXPE_6302022_Dip_Buyer_High_FCF_Yield_ExInd_DE_RevG06302022EXPEExpediaDip BuyDB | FCF Yield | Low D/EDip Buy with High Free Cash Flow Yield
Buying dips for companies with significant free cash flow yield (FCF / Market Cap) and reasonable debt / market cap		-8.1%15.4%-11.7%
EXPE_3312020_Dip_Buyer_High_FCF_Yield_ExInd_DE_RevG03312020EXPEExpediaDip BuyDB | FCF Yield | Low D/EDip Buy with High Free Cash Flow Yield
Buying dips for companies with significant free cash flow yield (FCF / Market Cap) and reasonable debt / market cap		63.1%205.9%-14.9%

Recent Active Movers

1 Week Top Gainers

#TickerCompany1W RtnYTD Rtn
1PRAXPraxis Precision Medicines261.8%146.9%
2KODKodiak Sciences52.2%91.0%
3BETRBetter Home & Finance50.0%739.6%
4SIONSionna Therapeutics42.0% 
5CELCCelcuity41.8%400.4%
6CCOClear Channel Outdoor37.0%35.0%
7RAPTRAPT Therapeutics34.1%165.3%
8LBRTLiberty Energy29.8%-18.4%
9PMIPicard Medical29.5%19947.6%
10SANASana Biotechnology28.3%250.3%

1 Week Top Losers

#TickerCompany1W RtnYTD Rtn
1ASPIASP Isotopes-31.5%112.4%
2LACLithium Americas-30.9%133.7%
3ONDSOndas-30.9%180.9%
4SOCSable Offshore-29.9%-45.9%
5UAMYUnited States Antimony-29.1%600.0%
6USARUSA Rare Earth-28.8%89598.0%
7RGTIRigetti Computing-28.7%162.1%
8AIVApartment Investment & Management-28.7%-7.1%
9RCATRed Cat-28.4%-14.9%
10TMCTMC The Metals-26.9%597.3%

1 Month Top Gainers

#TickerCompany1M RtnYTD Rtn
1WOLFWolfspeed1242.9%351.7%
2QUREuniQure356.0%257.1%
3PRAXPraxis Precision Medicines293.2%146.9%
4LACLithium Americas110.3%133.7%
5NVTSNavitas Semiconductor109.9%321.0%
6CLPTClearPoint Neuro107.6%62.4%
7UAMYUnited States Antimony92.1%600.0%
8GRALGRAIL88.2%369.0%
9TSHATaysha Gene Therapies79.4%197.7%
10SANASana Biotechnology75.7%250.3%

1 Month Top Losers

#TickerCompany1M RtnYTD Rtn
1SOCSable Offshore-47.4%-45.9%
2FLYFirefly Aerospace-43.1% 
3UPWheels Up Experience-40.8%-8.5%
4NFENew Fortress Energy-35.1%-87.5%
5ALABAstera Labs-33.6%18.9%
6VGVenture Global-32.4% 
7GOSSGossamer Bio-31.0%141.0%
8PSIXPower Solutions International-29.3%173.4%
9PGYPagaya Technologies-29.2%214.5%
10USNAUsana Health Sciences-29.2%-41.4%

Recent Active Movers

1 Week Top Gainers

#TickerCompany1W RtnYTD Rtn
1PRAXPraxis Precision Medicines261.8%146.9%
2KODKodiak Sciences52.2%91.0%
3BETRBetter Home & Finance50.0%739.6%
4SIONSionna Therapeutics42.0% 
5CELCCelcuity41.8%400.4%
6CCOClear Channel Outdoor37.0%35.0%
7RAPTRAPT Therapeutics34.1%165.3%
8LBRTLiberty Energy29.8%-18.4%
9PMIPicard Medical29.5%19947.6%
10SANASana Biotechnology28.3%250.3%

1 Week Top Losers

#TickerCompany1W RtnYTD Rtn
1ASPIASP Isotopes-31.5%112.4%
2LACLithium Americas-30.9%133.7%
3ONDSOndas-30.9%180.9%
4SOCSable Offshore-29.9%-45.9%
5UAMYUnited States Antimony-29.1%600.0%
6USARUSA Rare Earth-28.8%89598.0%
7RGTIRigetti Computing-28.7%162.1%
8AIVApartment Investment & Management-28.7%-7.1%
9RCATRed Cat-28.4%-14.9%
10TMCTMC The Metals-26.9%597.3%

More From Trefis

Research & Analysis

Invest in Strategies

Wealth Management

Peer Comparisons for Expedia

Financials

EXPEGOOGLBKNGEBAYTRIPTZOOMedian
NameExpedia Alphabet Booking eBay Tripadvi.Travelzoo 
Mkt Price226.14250.465,286.0094.9816.3510.08160.56
Mkt Cap28.63,036.1171.844.42.00.136.5
Rev LTM14,018371,39925,02510,3121,8708812,165
Op Inc LTM1,703121,3708,2202,303143152,003
FCF LTM1,99766,7289,2402,128171182,062
FCF 3Y Avg2,10866,2037,7311,948164102,028
CFO LTM2,778133,7089,5782,586258182,682
CFO 3Y Avg2,890112,6368,1092,423234102,656

Growth & Margins

EXPEGOOGLBKNGEBAYTRIPTZOOMedian
NameExpedia Alphabet Booking eBay Tripadvi.Travelzoo 
Rev Chg LTM5.7%13.1%11.7%1.5%3.0%3.5%4.6%
Rev Chg 3Y Avg9.6%10.2%19.9%0.2%16.1%10.4%10.3%
Rev Chg Q6.4%13.8%16.0%1.1%6.4%13.1%9.8%
QoQ Delta Rev Chg LTM1.7%3.2%3.9%0.3%1.7%3.3%2.5%
Op Mgn LTM12.1%32.7%32.8%22.3%7.6%16.8%19.6%
Op Mgn 3Y Avg11.6%29.4%30.8%21.6%6.9%17.5%19.5%
QoQ Delta Op Mgn LTM0.1%0.0%0.4%-0.2%1.1%-2.8%0.1%
CFO/Rev LTM19.8%36.0%38.3%25.1%13.8%20.2%22.6%
CFO/Rev 3Y Avg22.1%34.1%36.3%24.0%13.2%11.6%23.0%
FCF/Rev LTM14.2%18.0%36.9%20.6%9.1%20.1%19.0%
FCF/Rev 3Y Avg16.1%20.3%34.6%19.3%9.3%11.3%17.7%

Valuation

EXPEGOOGLBKNGEBAYTRIPTZOOMedian
NameExpedia Alphabet Booking eBay Tripadvi.Travelzoo 
Mkt Cap28.63,036.1171.844.42.00.136.5
P/S2.08.26.94.31.11.33.2
P/EBIT17.321.722.016.914.17.617.1
P/E25.726.335.721.731.410.226.0
P/CFO10.322.717.917.27.96.313.7
Total Yield4.2%4.1%3.5%5.8%3.2%9.8%4.2%
Dividend Yield0.4%0.3%0.7%1.2%0.0%0.0%0.3%
FCF Yield 3Y Avg11.9%3.5%5.7%6.9%8.0%8.2%7.5%
D/E0.20.00.10.20.60.10.1
Net D/E-0.0-0.00.00.10.0-0.00.0

Returns

EXPEGOOGLBKNGEBAYTRIPTZOOMedian
NameExpedia Alphabet Booking eBay Tripadvi.Travelzoo 
1M Rtn1.7%-1.7%-2.9%4.2%-13.2%-1.3%-1.5%
3M Rtn19.6%31.0%-8.3%16.5%-8.1%-26.4%4.2%
6M Rtn48.5%65.7%15.4%42.7%37.5%-19.0%40.1%
12M Rtn39.5%53.3%22.0%50.4%7.1%-19.7%30.7%
3Y Rtn134.0%149.4%194.2%162.3%-33.1%102.0%141.7%
1M Excs Rtn0.6%-1.4%-3.8%4.2%-13.2%-3.0%-2.2%
3M Excs Rtn12.0%25.9%-13.6%10.4%-16.3%-25.6%-1.6%
6M Excs Rtn21.1%38.3%-12.0%15.3%10.1%-46.4%12.7%
12M Excs Rtn28.7%39.1%6.5%32.3%-8.2%-34.9%17.6%
3Y Excs Rtn64.1%73.2%133.0%83.8%-114.4%30.2%68.7%

Comparison Analyses

Financials

$ Mil | FY: 12/312025Q22025Q12024Q42024Q32024Q22024Q12023Q42023Q32023Q22023Q12022Q42022Q3
Period End6/30/20253/31/202512/31/20249/30/20246/30/20243/31/202412/31/20239/30/20236/30/20233/31/202312/31/20229/30/2022
Filing Date8/8/20255/9/20252/7/202511/8/20248/9/20245/3/20242/9/202411/3/20238/3/20235/5/20232/10/202311/4/2022
Key Financials Quarterly            
Total Revenue3,7862,9883,1844,0603,5582,8892,8873,9293,3582,6652,6183,619
Ebitda704606091,146754117440714724192442952
Operating Income531-44356860490-42220919442-47128799
Net Income330-200299684386-135132425385-145177482
EPS2.61-1.562.325.282.92-0.990.962.982.62-0.951.143.05
Key Financials TTM            
Total Revenue TTM14,01813,79013,69113,39413,26313,06312,83912,57012,26012,08311,66711,328
Ebitda TTM2,5192,5692,6262,4572,0251,9952,0702,0722,3101,7291,6071,919
Operating Income TTM1,7031,6621,6641,5281,5871,5391,5341,4421,3221,2561,1891,245
Net Income TTM1,1131,1691,2341,067808807797842899329352561
Growth Rates Quarterly            
Total Revenue Growth6.4%3.4%10.3%3.3%6.0%8.4%10.3%8.6%5.6%18.5%14.9%22.2%
EBITDA Growth-6.6%-48.7%38.4%60.5%4.1%-39.1%-0.5%-25.0%406.3%174.3%-41.4%26.6%
Operating Income Growth8.4%-4.8%61.8%-6.4%10.9%10.6%71.9%15.0%17.6%58.8%-30.4%46.3%
Net Income Growth-14.5%-48.1%126.5%60.9%0.3%6.9%-25.4%-11.8%308.1%-18.9%-54.1%28.2%
Margins Quarterly            
EBITDA Margin18.6%2.0%19.1%28.2%21.2%4.0%15.2%18.2%21.6%7.2%16.9%26.3%
Operating Income Margin14.0%-1.5%11.2%21.2%13.8%-1.5%7.6%23.4%13.2%-1.8%4.9%22.1%
Net Income Margin8.7%-6.7%9.4%16.8%10.8%-4.7%4.6%10.8%11.5%-5.4%6.8%13.3%
Cash & Debt            
Total Cash6,6716,1264,4834,9186,2735,7124,2535,0566,3015,9484,1444,637
Total Debt6,4826,4676,5316,5546,5516,5576,5676,5386,5496,5486,5526,552
Net Debt / (Cash)-1893412,0481,6362788452,3141,4822486002,4081,915
Cash Flows Quarterly            
FCF from Operations1,1212,952198-1,4931,5012,879-238-1,3751,1463,157-182-997
Cash Flows TTM            
FCF from Operations TTM2,7783,1583,0852,6492,7672,4122,6902,7463,1243,6063,4403,907
Returns to Shareholders Quarterly            
Dividends51510000000000
Share Repurchases688384198469529643468607593469366172
Return on Invested Capital (ROIC) Quarterly            
ROIC--46.9%62.5%164.6%541.8%-17.4%30.2%170.4%594.6%-31.3%20.3%115.1%
Return on Invested Capital (ROIC) TTM            
ROIC TTM-383.0%64.5%71.8%409.5%136.4%44.8%68.7%375.2%99.6%31.5%44.3%

Segment Financials

Revenue by Segment

$ Mil20242023202220212020
Business-to-customer (B2C)9,1138,7416,8213,9938,808
Business-to-business (B2B)3,3882,5461,4609422,579
trivago525561423280938
Corporate & Eliminations-187-181-106-16-258
Total12,83911,6678,5985,19912,067


Operating Income by Segment
$ Mil20242023202220212020
Business-to-customer (B2C)1,8101,6171,277-2851,601
Business-to-business (B2B)6815188-321323
trivago5110529-2674
Corporate & Eliminations-1,509-1,155-1,128-2,087-1,095
Total1,0331,085186-2,719903


Price Behavior

EXPE Betas & Captures as of 9/30/2025

 1M2M3M6M1Y3Y
Beta2.152.232.041.571.441.41
Up Beta5.024.113.581.831.751.55
Down Beta1.720.720.991.421.381.36
Up Capture107%240%224%142%147%274%
Bmk +ve Days13233574144420
Stock +ve Days11233468129390
Down Capture249%145%118%120%104%106%
Bmk -ve Days8192952107330
Stock -ve Days10193058121359

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively

Short Interest

Short Interest: As Of Date9302025
Short Interest: Shares Quantity6,236,664
Short Interest: % Change Since 91520252.8%
Average Daily Volume1,758,836
Days-to-Cover Short Interest3.55
Basic Shares Quantity126,453,000
Short % of Basic Shares4.9%

Returns Analyses

Earnings Returns History

Expand for More

 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
8/7/20254.1%10.4%16.0%
5/8/2025-7.3%-1.6%4.8%
2/6/202517.3%17.7%2.6%
11/7/20243.8%4.7%8.8%
8/8/202410.2%12.1%12.6%
5/2/2024-15.3%-17.3%-16.2%
2/8/2024-17.8%-13.1%-14.1%
11/2/202318.8%19.9%47.4%
...
SUMMARY STATS   
# Positive121314
# Negative1098
Median Positive5.5%10.4%13.7%
Median Negative-11.0%-7.0%-15.2%
Max Positive18.8%21.5%47.4%
Max Negative-27.4%-29.4%-50.4%

SEC Filings

Expand for More

Report DateFiling DateFiling
6302025808202510-Q 6/30/2025
3312025509202510-Q 3/31/2025
12312024207202510-K 12/31/2024
93020241108202410-Q 9/30/2024
6302024809202410-Q 6/30/2024
3312024503202410-Q 3/31/2024
12312023209202410-K 12/31/2023
93020231103202310-Q 9/30/2023
6302023803202310-Q 6/30/2023
3312023505202310-Q 3/31/2023
12312022210202310-K 12/31/2022
93020221104202210-Q 9/30/2022
6302022805202210-Q 6/30/2022
3312022503202210-Q 3/31/2022
12312021211202210-K 12/31/2021
93020211105202110-Q 9/30/2021

Insider Activity

Expand for More

 OwnerTitleFiling DateActionPriceSharesTransacted
Value		Value of
Held Shares		Form
0Soliday Lance ASVP & Chief Accounting Officer8222025Sell205.88852175,4122,478,010Form
1Jacobson Craig A 8212025Sell207.783,000623,3297,034,783Form
2Dzielak Robert JChief Legal Officer & Sec'y8142025Sell200.843,306663,97715,479,743Form
3Soliday Lance ASVP & Chief Accounting Officer3052025Sell191.17691132,0982,138,619Form
4KHOSROWSHAHI DARA 3042025Sell199.77120031,664,344Form

External Quote Links


Prefer one of these to Trefis? Tell us why.