Expedia Group Inc. (EXPE) - Net Assets
Based on the latest financial reports, Expedia Group Inc. (EXPE) has net assets worth $2.59 Billion USD as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($25.11 Billion) and total liabilities ($22.52 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check EXPE cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $2.59 Billion |
| % of Total Assets | 10.33% |
| Annual Growth Rate | 10.97% |
| 5-Year Change | -30.48% |
| 10-Year Change | -49.91% |
| Growth Volatility | 237.71 |
Expedia Group Inc. - Net Assets Trend (1999–2024)
This chart illustrates how Expedia Group Inc.'s net assets have evolved over time, based on quarterly financial data. Also explore Expedia Group Inc. total assets for the complete picture of this company's asset base.
Annual Net Assets for Expedia Group Inc. (1999–2024)
The table below shows the annual net assets of Expedia Group Inc. from 1999 to 2024. For live valuation and market cap data, see Expedia Group Inc. market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $2.80 Billion | +0.47% |
| 2023-12-31 | $2.79 Billion | -25.27% |
| 2022-12-31 | $3.73 Billion | +4.95% |
| 2021-12-31 | $3.55 Billion | -11.77% |
| 2020-12-31 | $4.03 Billion | -27.28% |
| 2019-12-31 | $5.54 Billion | -2.55% |
| 2018-12-31 | $5.68 Billion | -7.64% |
| 2017-12-31 | $6.15 Billion | +8.04% |
| 2016-12-31 | $5.69 Billion | +1.88% |
| 2015-12-31 | $5.59 Billion | +127.74% |
| 2014-12-31 | $2.45 Billion | -6.48% |
| 2013-12-31 | $2.62 Billion | +9.81% |
| 2012-12-31 | $2.39 Billion | +3.65% |
| 2011-12-31 | $2.31 Billion | -15.77% |
| 2010-12-31 | $2.74 Billion | -0.47% |
| 2009-12-31 | $2.75 Billion | +15.47% |
| 2008-12-31 | $2.38 Billion | -51.20% |
| 2007-12-31 | $4.88 Billion | -18.20% |
| 2006-12-31 | $5.97 Billion | +2.76% |
| 2005-12-31 | $5.81 Billion | -28.95% |
| 2004-12-31 | $8.17 Billion | +8.16% |
| 2003-12-31 | $7.55 Billion | +1175.95% |
| 2002-12-31 | $592.05 Million | +156.30% |
| 2000-12-31 | $231.00 Million | +11.33% |
| 1999-12-31 | $207.50 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Expedia Group Inc.'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 60200000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $602.00 Million | 38.66% |
| Other Comprehensive Income | $-232.00 Million | -14.90% |
| Other Components | $16.04 Billion | 1030.38% |
| Total Equity | $1.56 Billion | 100.00% |
Expedia Group Inc. Competitors by Market Cap
The table below lists competitors of Expedia Group Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Vestas Wind Systems A/S
CO:VWS
|
$29.34 Billion |
|
Bharat Electronics Limited
NSE:BEL_old
|
$29.41 Billion |
|
Sandoz Group AG
SW:SDZ
|
$29.43 Billion |
|
Woolworths Group Ltd
AU:WOW
|
$29.52 Billion |
|
FANUC CORP.UNSP.ADR 1/10
F:FUCA
|
$29.28 Billion |
|
IMPERIAL BRANDS PLC ADR/1
F:ITBA
|
$29.11 Billion |
|
Montage Technology Co Ltd
SHG:688008
|
$29.07 Billion |
|
Kellanova
NYSE:K
|
$29.03 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Expedia Group Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,534,000,000 to 1,557,000,000, a change of 23,000,000 (1.5%).
- Net income of 1,234,000,000 contributed positively to equity growth.
- Share repurchases of 1,839,000,000 reduced equity.
- Other comprehensive income decreased equity by 23,000,000.
- Other factors increased equity by 651,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $1.23 Billion | +79.25% |
| Share Repurchases | $1.84 Billion | -118.11% |
| Other Comprehensive Income | $-23.00 Million | -1.48% |
| Other Changes | $651.00 Million | +41.81% |
| Total Change | $- | 1.50% |
Book Value vs Market Value Analysis
This analysis compares Expedia Group Inc.'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 22.31x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 189.84x to 22.31x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2001-12-31 | $1.33 | $251.84 | x |
| 2002-12-31 | $3.48 | $251.84 | x |
| 2003-12-31 | $44.37 | $251.84 | x |
| 2004-12-31 | $47.88 | $251.84 | x |
| 2005-12-31 | $32.81 | $251.84 | x |
| 2006-12-31 | $33.53 | $251.84 | x |
| 2007-12-31 | $30.67 | $251.84 | x |
| 2008-12-31 | $16.27 | $251.84 | x |
| 2009-12-31 | $18.37 | $251.84 | x |
| 2010-12-31 | $18.56 | $251.84 | x |
| 2011-12-31 | $15.86 | $251.84 | x |
| 2012-12-31 | $16.30 | $251.84 | x |
| 2013-12-31 | $15.37 | $251.84 | x |
| 2014-12-31 | $13.40 | $251.84 | x |
| 2015-12-31 | $36.30 | $251.84 | x |
| 2016-12-31 | $26.74 | $251.84 | x |
| 2017-12-31 | $28.92 | $251.84 | x |
| 2018-12-31 | $26.84 | $251.84 | x |
| 2019-12-31 | $26.47 | $251.84 | x |
| 2020-12-31 | $17.90 | $251.84 | x |
| 2021-12-31 | $13.74 | $251.84 | x |
| 2022-12-31 | $14.11 | $251.84 | x |
| 2023-12-31 | $10.21 | $251.84 | x |
| 2024-12-31 | $11.29 | $251.84 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Expedia Group Inc. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 79.25%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.01%
- • Asset Turnover: 0.61x
- • Equity Multiplier: 14.38x
- Recent ROE (79.25%) is above the historical average (4.98%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | 3.94% | 1.66% | 0.83x | 2.85x | $-13.69 Million |
| 2002 | 12.96% | 5.12% | 0.39x | 6.41x | $17.51 Million |
| 2003 | 1.47% | 4.76% | 0.27x | 1.16x | $-644.02 Million |
| 2004 | 2.01% | 8.87% | 0.19x | 1.17x | $-651.79 Million |
| 2005 | 3.99% | 10.79% | 0.27x | 1.35x | $-344.65 Million |
| 2006 | 4.15% | 10.95% | 0.27x | 1.40x | $-345.50 Million |
| 2007 | 6.14% | 11.10% | 0.32x | 1.72x | $-185.94 Million |
| 2008 | -108.13% | -85.73% | 0.50x | 2.53x | $-2.75 Billion |
| 2009 | 11.17% | 10.13% | 0.50x | 2.21x | $31.26 Million |
| 2010 | 15.77% | 12.59% | 0.50x | 2.49x | $154.25 Million |
| 2011 | 21.47% | 13.69% | 0.53x | 2.96x | $252.31 Million |
| 2012 | 12.29% | 6.95% | 0.57x | 3.11x | $52.15 Million |
| 2013 | 10.85% | 4.88% | 0.62x | 3.61x | $18.30 Million |
| 2014 | 22.31% | 6.91% | 0.64x | 5.06x | $219.67 Million |
| 2015 | 15.72% | 11.46% | 0.43x | 3.19x | $278.03 Million |
| 2016 | 6.82% | 3.21% | 0.56x | 3.82x | $-131.38 Million |
| 2017 | 8.36% | 3.76% | 0.54x | 4.09x | $-74.27 Million |
| 2018 | 9.89% | 3.62% | 0.62x | 4.39x | $-4.40 Million |
| 2019 | 14.24% | 4.68% | 0.56x | 5.40x | $168.30 Million |
| 2020 | -103.16% | -50.24% | 0.28x | 7.38x | $-2.87 Billion |
| 2021 | 0.58% | 0.14% | 0.40x | 10.48x | $-193.70 Million |
| 2022 | 15.42% | 3.02% | 0.54x | 9.44x | $123.70 Million |
| 2023 | 51.96% | 6.21% | 0.59x | 14.11x | $643.60 Million |
| 2024 | 79.25% | 9.01% | 0.61x | 14.38x | $1.08 Billion |
Industry Comparison
This section compares Expedia Group Inc.'s net assets metrics with peer companies in the Travel Services industry.
Industry Context
- Industry: Travel Services
- Average net assets among peers: $3,913,573,562
- Average return on equity (ROE) among peers: 3.48%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Expedia Group Inc. (EXPE) | $2.59 Billion | 3.94% | 8.68x | $29.30 Billion |
| Airbnb Inc (ABNB) | $4.78 Billion | -7.37% | 1.87x | $60.00 Billion |
| Ambitions Enterprise Management Co. L.L.C Class A Ordinary Shares (AHMA) | $6.37 Million | 14.92% | 0.57x | $12.72 Million |
| Booking Holdings Inc (BKNG) | $146.71 Million | -4.98% | 0.79x | $134.32 Billion |
| Carnival Corporation (CCL) | $4.42 Billion | 18.92% | 0.62x | $33.03 Billion |
| Carnival Plc ADS (CUK) | $24.44 Billion | 12.90% | 0.73x | $3.89 Billion |
| Despegar.com Corp (DESP) | $-94.41 Million | 0.00% | 0.00x | $1.63 Billion |
| Global Business Travel Group Inc (GBTG) | $1.68 Billion | 7.97% | 0.84x | $2.83 Billion |
| Inspirato Inc (ISPO) | $-154.70 Million | 0.00% | 0.00x | $54.21 Million |
| Lindblad Expeditions Holdings Inc (LIND) | $22.52K | -11.00% | 6.66x | $1.03 Billion |
About Expedia Group Inc.
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; Orbitz, Traveloc… Read more