Expedia (EXPE) Invested Capital (2009 - 2026)
Expedia (EXPE) reported Invested Capital of $6.3 billion for Q1 2026, down 26.09% year-over-year from $8.5 billion in Q1 2025, and down 27.58% quarter-over-quarter from $8.7 billion in Q4 2025.
Expedia (EXPE) Invested Capital (2009 - 2026) Analysis & Trends
Expedia (EXPE) has 18 years of Invested Capital data on file, last reported at $6.3 billion in Q1 2026.
- Invested Capital for Q1 2026 came in at $6.3 billion, down 26.09% year-over-year; the trailing twelve-month figure through Mar 2026 was $6.3 billion (down 26.09% YoY), and the FY2025 annual result was $8.7 billion, down 3.94% from the prior year.
- Invested Capital fell to $6.3 billion in Q1 2026 per EXPE's latest filing, from $8.7 billion in the prior quarter.
- Over five years, Invested Capital peaked at $11.3 billion in Q1 2022 and troughed at $6.3 billion in Q1 2026.
- A 5-year average of $9.0 billion and a median of $9.0 billion in 2023 frame the typical range for Invested Capital.
- The sharpest annual moves came in 2025 and 2026: Invested Capital climbed 1.67% in 2025, then decreased 26.09% in 2026.
- A 5-year view of Invested Capital shows it stood at $10.0 billion in 2022, then slipped by 9.32% to $9.0 billion in 2023, then rose by 0.29% to $9.1 billion in 2024, then declined by 3.94% to $8.7 billion in 2025, then slipped by 27.58% to $6.3 billion in 2026.
- Business Quant data shows EXPE's Invested Capital at $6.3 billion in Q1 2026, $8.7 billion in Q4 2025, and $8.8 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Booking Holdings | 131.01 Bn | 114.99 Bn | 3.46 Bn | 8.18 Bn |
| 2 | Airbnb | 79.86 Bn | 67.85 Bn | 2.10 Bn | 10.11 Bn |
| 3 | Royal Caribbean Cruises | 75.60 Bn | 75.08 Bn | 2.21 Bn | 9.82 Bn |
| 4 | Carnival | 37.80 Bn | 36.39 Bn | - | 39.05 Bn |
| 5 | Expedia | 27.88 Bn | 22.09 Bn | 3.05 Bn | 6.31 Bn |
| 6 | Norwegian Cruise Line Holdings | 8.56 Bn | 8.38 Bn | 953.34 Mn | 18.04 Bn |
| 7 | Global Business Travel | 4.79 Bn | 4.35 Bn | 714.00 Mn | 3.13 Bn |
| 8 | Travel & Leisure | 4.51 Bn | 4.25 Bn | 926.00 Mn | 2.63 Bn |
| 9 | Trip.com | 4.42 Bn | -788.25 Mn | 1.74 Bn | 24.09 Bn |
| 10 | MakeMyTrip | 2.12 Bn | 1.35 Bn | - | 1.40 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 6.31 Bn |
| Dec 31, 2025 | 8.71 Bn |
| Sep 30, 2025 | 8.81 Bn |
| Jun 30, 2025 | 8.30 Bn |
| Mar 31, 2025 | 8.53 Bn |
| Dec 31, 2024 | 9.07 Bn |
| Sep 30, 2024 | 8.83 Bn |
| Jun 30, 2024 | 8.39 Bn |
| Mar 31, 2024 | 8.39 Bn |
| Dec 31, 2023 | 9.04 Bn |
| Sep 30, 2023 | 9.18 Bn |
| Jun 30, 2023 | 9.46 Bn |
| Mar 31, 2023 | 9.53 Bn |
| Dec 31, 2022 | 9.97 Bn |
| Sep 30, 2022 | 9.95 Bn |
| Jun 30, 2022 | 10.11 Bn |
| Mar 31, 2022 | 11.29 Bn |
| Dec 31, 2021 | 12.00 Bn |
| Sep 30, 2021 | 11.56 Bn |
| Jun 30, 2021 | 11.06 Bn |