Expedia (EXPE) stock
Consumer Discretionary · Hotels, Resorts & Cruise Lines
Expedia (EXPE) is a Hotels, Resorts & Cruise Lines company in the Consumer Discretionary sector, headquartered in Seattle, Washington. As of October 23, 2026, EXPE closed at $289.01, a market capitalization of $34.69 billion, the 299th largest company in the S&P 500. Over the last twelve months it generated $15.70 billion in revenue (+14% year over year) and $4.46 billion in free cash flow. The stock trades at 18.1x trailing earnings and 11.8x forward earnings.
- 1-year total return: +35.0% (dividends reinvested)
- 5-year return: +12.6% a year
- 52-week range: $185.34 – $342.00
- Gross margin 90.4%, operating margin 19.0%
- Dividend yield: 0.66%
- FI Handbook report card: A- across 10 metrics
- 27th largest of 47 Consumer Discretionary stocks in the S&P 500
EXPE price chart
1Y price change: +34.0% (price only; total returns below include dividends)
| Total return | 1M | YTD | 1Y | 3Y | 5Y | 10Y | MAX |
|---|---|---|---|---|---|---|---|
| EXPE | +11.6% | +2.6% | +35.0% | +45.4% | +12.6% | +9.1% | +11.0% |
Dividends reinvested. 3Y and longer are annualized; MAX is annualized since 2005.
EXPE key statistics
- Market cap
- $34.7B
- #299 in S&P 500
- P/E (TTM)
- 18.1x
- Forward P/E
- 11.8x
- EPS (TTM)
- $16.01
- Revenue (TTM)
- $15.7B
- +14%
- Free cash flow
- $4.5B
- Gross margin
- 90.4%
- Operating margin
- 19.0%
- Return on equity
- 89.5%
- Dividend yield
- 0.66%
- 52-week range
- $185.34 – $342.00
- Beta
- 1.36
- Price / sales
- 2.2x
- EV / EBITDA
- 11.9x
- Debt / equity
- 2.30x
- Employees
- 16,000
EXPE report card
A-Ten fundamentals graded A to F against fixed thresholds. Not a buy or sell rating.
- Revenue growth14.0%B
- Gross margin90.4%A
- Operating margin19.0%C
- FCF margin28.4%A
- Return on equity89.5%A
- Net debt / EBITDA-0.5xA
- Forward P/E11.8xA
- PEG ratio0.7xA
- Shareholder yield6.2%A
- Share count change / yr-1.4%B
Expedia financials
Revenue went from $8.8B in fiscal 2016 to $14.7B in fiscal 2025, growing 5.9% a year.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $8.8B | $10.1B | $11.2B | $12.1B | $5.2B | $8.6B | $11.7B | $12.8B | $13.7B | $14.7B |
| Gross profit | $7.2B | $8.3B | $9.3B | $9.9B | — | — | — | — | — | — |
| Operating income | $462.0M | $625.0M | $714.0M | $903.0M | -$2.7B | $186.0M | $1.1B | $1.0B | $1.3B | $1.9B |
| Net income | $282.0M | $378.0M | $406.0M | $565.0M | -$2.6B | $12.0M | $352.0M | $797.0M | $1.2B | $1.3B |
| EPS (diluted) | $1.82 | $2.42 | $2.65 | $3.77 | $-19.00 | $-1.80 | $2.17 | $5.31 | $8.95 | $9.81 |
| Free cash flow | $800.0M | $1.1B | $1.1B | $1.6B | -$4.6B | $3.1B | $2.8B | $1.8B | $2.3B | $3.1B |
| Buybacks | $456.0M | $312.0M | $923.0M | $743.0M | $425.0M | $165.0M | $607.0M | $2.1B | $1.8B | $1.9B |
| Dividends paid | — | — | $186.0M | $195.0M | $48.0M | — | — | $0 | $0 | $200.0M |
| Diluted shares | 154.5M | 156.4M | 152.9M | 149.9M | 141.4M | 149.7M | 161.8M | 150.2M | 137.9M | 131.9M |
Source: SEC filings (10-K XBRL). EPS and share counts are split-adjusted.
What's priced into EXPE?
A reverse DCF asks what growth the current price requires. With an enterprise value of $33.3B and $4.5B of trailing free cash flow, Expedia needs to grow free cash flow about -13.1% a year for ten years (fading to 3.0% terminal growth) to earn a 10% annual return.
P/E ratio history
Current 29.5x vs. median 29.5x (10th–90th percentile 18.1x–54.4x).
A model, not a forecast or advice. Small changes in assumptions move the answer a lot.
EXPE dividend
- Dividend yield
- 0.66%
- Annual dividend
- $1.92
- Years of increases
- —
- 5-yr dividend growth
- 9.9%
- per year
- Payout ratio
- 11%
- Payments per year
- 4
Regular dividends per share by calendar year; special dividends excluded. Current year omitted until complete.
EXPE earnings
Next report: November 4, 2026. Expedia has beaten EPS estimates 8 quarters in a row. Last quarter's revenue was $4.3B (+14% year over year).
| Report date | EPS estimate | EPS actual | Surprise |
|---|---|---|---|
| Aug 5, 2026 | $5.25 | $5.76 | +9.7% |
| May 7, 2026 | $1.38 | $1.96 | +42.3% |
| Feb 12, 2026 | $3.37 | $3.78 | +12.2% |
| Nov 6, 2025 | $6.95 | $7.57 | +9.0% |
| Aug 7, 2025 | $4.13 | $4.24 | +2.6% |
| May 8, 2025 | $0.36 | $0.40 | +11.5% |
| Feb 6, 2025 | $2.10 | $2.39 | +13.9% |
| Nov 7, 2024 | $6.12 | $6.13 | +0.2% |
Stocks like EXPE
| Name | Today | 1Y | Mkt cap | P/E | |
|---|---|---|---|---|---|
 BKNG Booking Holdings Inc. Common St | -3.27% | -23% | $117.1B | 17.3x | Compare |
 ABNB Airbnb | -2.13% | +35% | $103.0B | 39.2x | Compare |
 MAR Marriott International | -1.53% | +46% | $101.9B | 40.4x | Compare |
 HLT Hilton Worldwide | -2.36% | +31% | $78.7B | 51.3x | Compare |
 RCL Royal Caribbean Cruises | -3.37% | -11% | $73.9B | 17.1x | Compare |
 CCL Carnival | -3.58% | -10% | $35.1B | 11.5x | Compare |
 NCLH Norwegian Cruise Line | -2.83% | -36% | $6.9B | 9.3x | Compare |
 AMZN Amazon.com | -0.95% | +12% | $2.7T | 20.0x | Compare |
EXPE news
- Expedia Group (EXPE) Stock May Trade At A Discount As Onboarding Launch Builds · Oct 23, 2026
- 3 Reasons to Sell EXPE and 1 Stock to Buy Instead · Oct 21, 2026
- Expedia Group Launches AUTONOMOUS ONBOARDING, Helping Properties Access Global Travel Demand Faster · Oct 20, 2026
- Expedia Group, Inc. (EXPE) Trades Below Its Old Earnings Multiple. Is AI a Real Threat to Growth? · Oct 20, 2026
- Expedia's 15% commission is to blame for jump in hotel prices since 2020, class-action lawsuit alleges · Oct 15, 2026
EXPE stock FAQ
What is EXPE's market cap?
Expedia's market capitalization is $34.69 billion as of October 23, 2026, ranking 299th in the S&P 500.
What is EXPE's P/E ratio?
EXPE trades at a trailing price-to-earnings ratio of 18.1x and a forward P/E of 11.8x. Its median P/E over the period we track is 29.5x.
Does EXPE pay a dividend?
Yes. Expedia pays $1.92 per share a year, a 0.66% yield. Dividends grew 9.9% a year over the last five years.
How much has EXPE stock returned?
Including reinvested dividends, EXPE returned +35.0% over one year, +12.6% a year over five years, +9.1% a year over ten years through October 23, 2026.
Is EXPE stock overvalued?
At today's price, a reverse discounted cash flow model (10% discount rate, 3% terminal growth) implies Expedia must grow free cash flow about -13% a year for the next decade. Whether that is achievable decides if the stock is cheap or expensive. This is a model, not advice.
When does EXPE report earnings?
Expedia is expected to report earnings on November 4, 2026. It has beaten EPS estimates 8 quarters in a row.
How many employees does Expedia have?
Expedia has about 16,000 full-time employees, or $981,250 of revenue per employee.
Sources: SEC EDGAR filings, Yahoo Finance market data (delayed), FI Handbook calculations. Last close October 23, 2026. Methodology