Expedia (EXPE) FCF Margin (2009 - 2026)
Expedia (EXPE) posted quarterly FCF Margin of 109.37% for Q1 2026, up 1713.0% year-over-year from 6.03% in Q1 2025, and up 3159.95% quarter-over-quarter from 3.35% in Q4 2025.
Expedia (EXPE) FCF Margin (2009 - 2026) Analysis & Trends
Expedia (EXPE) has reported FCF Margin for 18 consecutive years, with 109.37% the latest figure, recorded in Q1 2026.
- In Q1 2026, FCF Margin rose 1713.0% year-over-year to 109.37%; the TTM figure through Mar 2026 stood at 27.03% (up 975.0% YoY), while the FY2025 annual figure was 21.11%, up 410.0% from the prior year.
- FCF Margin rose to 109.37% in Q1 2026 per EXPE's latest filing, from 3.35% in the prior quarter.
- Across five years, FCF Margin topped out at 126.06% in Q1 2022 and bottomed at 41.55% in Q3 2024.
- Historically, FCF Margin has averaged 30.08% across 5 years, with a median of 24.33% in 2025.
- Annual changes were most pronounced in 2022 — FCF Margin slumped 6424 bps — and 2025, when it jumped 2600 bps.
- Expedia's FCF Margin stood at 13.71% in 2022, then decreased by 5 bps to 14.37% in 2023, then soared by 102 bps to 0.22% in 2024, then jumped by 1426 bps to 3.35% in 2025, then surged by 3160 bps to 109.37% in 2026.
- Business Quant data shows EXPE's FCF Margin at 109.37% in Q1 2026, 3.35% in Q4 2025, and 15.55% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Booking Holdings | 159.34 Bn | 142.12 Bn | 4.98 Bn | 49.55% |
| 2 | Airbnb | 108.60 Bn | 96.53 Bn | 2.98 Bn | 35.20% |
| 3 | Royal Caribbean Cruises | 81.57 Bn | 80.88 Bn | 2.29 Bn | -18.15% |
| 4 | Viking Holdings | 44.18 Bn | 40.38 Bn | 713.43 Mn | 57.75% |
| 5 | Carnival | 38.51 Bn | 36.29 Bn | - | 26.34% |
| 6 | Expedia | 38.08 Bn | 30.96 Bn | 3.91 Bn | 29.64% |
| 7 | Trip.com | 29.19 Bn | 17.73 Bn | 1.86 Bn | - |
| 8 | Norwegian Cruise Line Holdings | 8.73 Bn | 8.51 Bn | 1.05 Bn | 5.49% |
| 9 | MakeMyTrip | 5.85 Bn | 5.09 Bn | 212.91 Mn | 9.35% |
| 10 | Global Business Travel | 4.94 Bn | 4.47 Bn | 514.00 Mn | 11.84% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 29.64% |
| Mar 31, 2026 | 109.37% |
| Dec 31, 2025 | 3.35% |
| Sep 30, 2025 | -15.55% |
| Jun 30, 2025 | 24.33% |
| Mar 31, 2025 | 92.24% |
| Dec 31, 2024 | 0.22% |
| Sep 30, 2024 | -41.55% |
| Jun 30, 2024 | 36.73% |
| Mar 31, 2024 | 93.53% |
| Dec 31, 2023 | -14.37% |
| Sep 30, 2023 | -40.42% |
| Jun 30, 2023 | 27.49% |
| Mar 31, 2023 | 109.72% |
| Dec 31, 2022 | -13.71% |
| Sep 30, 2022 | -32.25% |
| Jun 30, 2022 | 46.18% |
| Mar 31, 2022 | 126.06% |
| Dec 31, 2021 | 6.23% |
| Sep 30, 2021 | -47.27% |