Expedia Group (EXPE) FY2022 results: revenue $11.7 billion, up 35.7% on the year
Expedia Group, Inc. (EXPE) reported revenue of $11.7 billion for fiscal 2022, the year ended 31 December 2022, up 35.7% on the year before. Net income was $352 million, up 2833.3%, and diluted earnings per share $2.17. The figures are the company's own, from the 10-K it filed with the SEC on 10 February 2023.
Revenue
$11.7 billion
+35.7% on the year
FY2015FY2022
Operating margin
9.3%
2.2% a year earlier
FY2015FY2022
Net income
$352 million
+2,833.3% on the year
FY2015FY2022
Diluted EPS
$2.17
FY2015FY2022
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Operating cash flow
3,440
3,748
-3,834
-8.2%
Capital expenditure
662
673
797
-1.6%
Free cash flow
2,778
3,075
-4,631
-9.7%
Free cash flow margin
23.8%
35.8%
-89.1%
Cash from investing
-580
-931
-263
Cash from financing
-2,624
-973
4,077
Depreciation and amortisation
792
814
893
-2.7%
Share-based compensation
374
418
205
-10.5%
Buybacks
607
165
425
+267.9%
Dividends paid
0.0
0.0
48.0
Dividend per share
n/a
n/a
$0.34
Diluted shares, weighted
162m
150m
141m
+8.0%
Shares outstanding at period end
148m
150m
138m
-1.6%
Balance sheet
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Shareholders' equity
2,283
2,057
1,510
+11.0%
Non-controlling interest
1,445
1,495
1,494
-3.3%
Redeemable equity
n/a
0.0
13.0
Debt
6,240
8,450
8,216
-26.2%
Operating lease liabilities
312
360
513
-13.3%
Other liabilities
11,281
9,186
6,944
+22.8%
Total liabilities and equity
21,561
21,548
18,690
+0.1%
Fixed assets
2,210
2,180
2,257
+1.4%
Goodwill
7,143
7,171
7,380
-0.4%
Intangible assets
1,209
1,393
1,515
-13.2%
Investments
48.0
200
24.0
-76.0%
Cash and equivalents
4,096
4,111
3,363
-0.4%
Receivables
2,078
1,264
701
+64.4%
Other assets
4,777
5,229
3,450
-8.6%
Total assets
21,561
21,548
18,690
+0.1%
10-K for the year ended 31 December 2022, filed 10 February 2023: the filing.