YouTube · Q2 FY2026 · 2026-06-24
EXPE · NasdaqGS
Expedia Group, Inc.
Travel Services · United States
USD 255.66-1.7% daily changeQuote 2026-10-07 · USD
- Market cap (USD)
- US$30.68B
- Trailing P/E
- 15.97x
- Forward P/E
- 10.41x
- Quarterly revenue growth
- 14.0%
- Trailing net margin
- 13.0%
- Indicated dividend yield
- 0.8%
Snapshot 2026-10-07 · Latest financial period 2026-06-30 · Yahoo Finance. Quotes may be delayed; reporting periods can differ.
Next earnings: 2026-11-05 (provider estimate, not issuer-confirmed).
Company background
Expedia Group, Inc. operates as an online travel company in the United States and internationally. The company operates through B2C, B2B, and trivago segments. The B2C segment includes Brand Expedia, a full-service online travel brand offers various travel products and services; Hotels.com for lodging accommodations; Vrbo, an online marketplace for the alternative accommodations; and Orbitz, Travelocity, ebookers, and Wotif Group. The B2B segment provides various travel and non-travel companies including airlines, offline travel agents, online retailers, corporate travel management, and financial institutions who leverage its travel technology and tap into its diverse supply to augment their offerings and market Expedia Group rates and availabilities to its travelers. The trivago segment sends referrals to online travel companies and travel service providers from hotel metasearch websites. In addition, it provides brand advertising through online and offline channels, loyalty programs, mobile apps, and search engine marketing, as well as metasearch, social media, direct and personalized traveler communications on its websites, and through direct e-mail communication with its travelers. The company was formerly known as Expedia, Inc. and changed its name to Expedia Group, Inc. in March 2018. Expedia Group, Inc. was founded in 1996 and is headquartered in Seattle, Washington.
Company websiteQ2 2026
Go beyond the headline.
Expedia (EXPE): B2B Grew 23%. It Kept 13 Cents Of It.
Published 2026-08-06
Short takes Q2 2026
Expedia B2B grew 23% and kept 13 cents #EXPE
Watch Short on YouTube
Comparable businesses
EXPE peer comparison
Same business group first, then company size. Preferred market cap: 0.5–2x; extended range: one-third–3x. Outside that range, industry benchmarks are labeled separately and excluded from peer medians.
| Metric | EXPEExpedia Group, Inc.Snapshot 2026-10-07Financial period: 2026-06-30 | CCLCarnival Corporation Ltd.Snapshot 2026-10-07Financial period: 2026-08-31 | TCOMTrip.com Group LimitedSnapshot 2026-10-07Financial period: 2026-06-30 | Peer medianSimilar-size peers only |
|---|---|---|---|---|
| Market capMarket value, converted to USD | US$30.68B | US$35.26B | US$24.01B | US$29.63Bn=2 |
| Forward P/EProvider forward earnings estimate | 10.41x | 10.24x | 9.29x | 9.76xn=2 |
| EV / EBITDAEnterprise value / trailing EBITDA | 10.74x | 8.19x | — | — |
| Revenue growthLatest quarter vs prior-year quarter | 14.0% | 3.5% | 5.5% | 4.5%n=2 |
| Operating marginLatest reported quarter | 19.0% | 26.4% | -9.3% | 8.5%n=2 |
| Free cash flow yieldTrailing cash flow / market cap | 11.2% | 5.1% | — | — |
| Net debt / EBITDANet debt / trailing EBITDA | -0.50x | 3.28x | -4.60x | -0.66xn=2 |
| Debt / equityTotal debt / positive book equity | 2.30x | 1.77x | 0.17x | 0.97xn=2 |
| Trailing P/ETrailing twelve-month earnings | 15.97x | 11.55x | 7.69x | 9.62xn=2 |
| Price / bookPrice / positive book equity per share | 25.38x | 2.50x | 1.02x | 1.76xn=2 |
| EV / salesEnterprise value / trailing revenue | 1.98x | 2.16x | — | — |
| Earnings growthLatest quarter vs prior-year quarter | 188.7% | 5.0% | — | — |
| Gross marginTrailing twelve months | 90.4% | 55.4% | 80.0% | 67.7%n=2 |
| Net marginTrailing twelve months | 13.0% | 11.4% | 36.9% | 24.1%n=2 |
| Return on equityProvider trailing return; positive equity only | 89.5% | 24.0% | 15.6% | 19.8%n=2 |
| Free cash flow marginTrailing free cash flow / revenue | 21.9% | 6.6% | — | — |
| Dividend yieldIndicated annual dividend / price | 0.8% | 1.7% | — | — |
| Earnings payoutProvider trailing dividend payout | 11.0% | 19.8% | 0.0% | 9.9%n=2 |
| Current ratioCurrent assets / current liabilities | 0.80x | 0.27x | 1.33x | 0.80xn=2 |
| BetaProvider historical market sensitivity | 1.36 | 2.38 | -0.04 | 1.17n=2 |
YouTube · Q2 FY2026 · 2026-06-24
YouTube · Q1 2026 · 2026-06-01
Comparison methodology & limitations
Reviewed operating groups override broad sector classifications. Other companies are matched only within a sufficiently specific provider industry. Business mix, geography and accounting standards can still differ. Market caps are converted to USD using exchange rates captured during the snapshot refresh. Financial ratios that would mix currencies are omitted. Snapshots must be at most 14 days old and no more than seven days apart for automatic selection.
Peer medians require at least two valid similar-size peers for each metric. Negative earnings, nonpositive equity, missing data and irrelevant bank ratios are not presented as attractive valuations. A higher or lower number is not automatically a better investment. Financial statement periods are not calendar-aligned across companies.
Reported performance
Financial trends
Periods are grouped by their ending calendar year or quarter, not identical fiscal calendars. Exact period-end dates appear in tooltips and reported figures. When reporting currencies differ and a recent captured FX rate is available, money and EPS are normalized to USD for comparison. This is not a historical FX restatement. Gaps are not estimated.
Financial statements load separately from the research page.
Source: . Window ends at the latest available reporting period.
Revenue
Reported figures
Financial data & calculation notes
Standalone charts use the stated reporting currency. When a chart comparison spans currencies, money and EPS can be normalized to USD using a recent captured FX snapshot; this is for comparison only, not a historical FX restatement. Stock-based compensation is noncash. Free cash flow is operating cash flow less capital spending, which may include capitalized software. Missing metrics are not estimated or assumed to be zero. Banking and insurance ratios require industry-specific interpretation. Latest restatements may differ from figures in older episodes.
Market context
Valuation & price history
Adjusted closing price
Price history loads separately.
Price figures
Earnings-multiple scenario
Illustrative price = your earnings-per-share assumption × your P/E assumption. This is not a price target or a complete valuation model.
Starting assumptions, when available, use provider forward estimates as of 2026-10-07. Negative earnings require a different valuation method. This calculation omits balance-sheet, dilution and execution risks.
THE RESEARCH RECORD
Research history for EXPE
Q2 20262026-08-06
Expedia (EXPE): B2B Grew 23%. It Kept 13 Cents Of It.
Presentation · 2026-08-06 · YouTube
Short takes Q2 2026
Expedia B2B grew 23% and kept 13 cents #EXPE
Watch Short on YouTube
Q1 20262026-05-09
EXPE Stock: EPS Beats by 39% — Q1 2026 Earnings Analysis
Presentation · 2026-05-09 · YouTube