Expedia (EXPE) FCF Margin (2009 - 2026)
Expedia (EXPE) recorded FCF Margin of 29.64% in Q2 2026, up 5.31 percentage points from 24.33% a year earlier but down 79.73 percentage points from the prior quarter.
Expedia (EXPE) FCF Margin (2009 - 2026) Analysis & Trends
On a TTM basis, Expedia's FCF Margin came in at 28.40% as of Jun 30, 2026, up 14.16 percentage points year-over-year; for FY2025, it came in at 21.11%, up 4.10 percentage points from FY2024.
- Annual FCF Margin has a five-year change of +110.18 percentage points (FY2020 to FY2025).
- Across earlier years, FCF Margin came in at 17.01% in FY2024 (+2.65 pp), 14.36% in FY2023 (-9.45 pp), 23.81% in FY2022 (-11.95 pp) and 35.76% in FY2021 (+124.84 pp).
- Quarterly FCF Margin has ranged from -47.27% in Q3 2021 to 126.06% in Q1 2022 over the past five years.
- On a year-over-year basis, FCF Margin has increased for four consecutive quarters, with an average year-over-year change of +6.42 percentage points over the last eight quarters.
- Peak year-over-year performance for FCF Margin in the last five years was a gain of 61.99 percentage points in Q4 2021, against a drop of 64.24 percentage points in Q2 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 109.37% (Q1 2026), 3.35% (Q4 2025) and -15.55% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,164.76 Bn | 3,922.28 Bn | 73.85 Bn | -4.89% |
| 2 | Meta Platforms | 1,823.40 Bn | 1,525.92 Bn | 49.47 Bn | 2.87% |
| 3 | Netflix | 288.27 Bn | 248.47 Bn | 6.52 Bn | 12.14% |
| 4 | Alibaba Group Holding | 252.72 Bn | 70.58 Bn | 15.11 Bn | 8.50% |
| 5 | Shopify | 186.52 Bn | 163.71 Bn | 1.71 Bn | 18.25% |
| 6 | Uber Technologies | 139.11 Bn | 111.09 Bn | 6.38 Bn | 19.67% |
| 7 | Booking Holdings | 123.13 Bn | 56.18 Bn | - | 49.55% |
| 8 | PDD Holdings | 111.72 Bn | -140.21 Bn | 9.45 Bn | 22.77% |
| 9 | AppLovin | 103.35 Bn | 93.38 Bn | 1.70 Bn | 45.18% |
| 10 | Expedia | 30.25 Bn | 5.42 Bn | 3.91 Bn | 29.64% |
Historic 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% |
Expedia FCF Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-margin&ticker=EXPE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "EXPE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=EXPE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();