Expedia Group (EXPE) FY2024 results: revenue $13.7 billion, up 6.6% on the year
Expedia Group, Inc. (EXPE) reported revenue of $13.7 billion for fiscal 2024, the year ended 31 December 2024, up 6.6% on the year before. Net income was $1.2 billion, up 54.8%, and diluted earnings per share $8.95. The figures are the company's own, from the 10-K it filed with the SEC on 7 February 2025.
Revenue
$13.7 billion
+6.6% on the year
FY2017FY2024
Operating margin
9.6%
8.0% a year earlier
FY2017FY2024
Net income
$1.2 billion
+54.8% on the year
FY2017FY2024
Diluted EPS
$8.95
+68.5% on the year
FY2017FY2024
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
FY2024
FY2023
FY2022
On the year
Last 8 years
Operating cash flow
3,085
2,690
3,440
+14.7%
Capital expenditure
756
846
662
-10.6%
Free cash flow
2,329
1,844
2,778
+26.3%
Free cash flow margin
17.0%
14.4%
23.8%
Cash from investing
-1,262
-800
-580
Cash from financing
-1,745
-2,096
-2,624
Depreciation and amortisation
838
807
792
+3.8%
Share-based compensation
458
413
374
+10.9%
Buybacks
1,839
2,137
607
-13.9%
Dividends paid
0.0
0.0
0.0
Diluted shares, weighted
138m
150m
162m
-8.2%
Shares outstanding at period end
123m
132m
148m
-6.3%
Balance sheet
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Shareholders' equity
1,557
1,534
2,283
+1.5%
Non-controlling interest
1,242
1,252
1,445
-0.8%
Debt
6,266
6,253
6,240
+0.2%
Operating lease liabilities
265
314
312
-15.6%
Other liabilities
13,058
12,289
11,281
+6.3%
Total liabilities and equity
22,388
21,642
21,561
+3.4%
Fixed assets
2,413
2,359
2,210
+2.3%
Goodwill
6,844
6,849
7,143
-0.1%
Intangible assets
817
1,023
1,209
-20.1%
Investments
502
28.0
48.0
+1,692.9%
Cash and equivalents
4,183
4,225
4,096
-1.0%
Receivables
3,213
2,786
2,078
+15.3%
Other assets
4,416
4,372
4,777
+1.0%
Total assets
22,388
21,642
21,561
+3.4%
10-K for the year ended 31 December 2024, filed 7 February 2025: the filing.