Expedia Group, Inc. (EXPE) Financial Statements (2024 and earlier)
Company Profile
Business Address |
1111 EXPEDIA GROUP WAY W. SEATTLE, WA 98119 |
State of Incorp. | DE |
Fiscal Year End | December 31 |
Industry (SIC) | 47 - Transportation Services (benchmarking) |
More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)
12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | |||
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ASSETS | |||||||||
Current Assets | |||||||||
Cash, cash equivalents, and short-term investments | 4,144 | 4,311 | 3,387 | 3,841 | 2,471 | 3,315 | |||
Cash and cash equivalents | 4,096 | 4,111 | 3,363 | 3,315 | 2,443 | 2,847 | |||
Short-term investments | 48 | 200 | 24 | 526 | 28 | 469 | |||
Restricted cash and investments | 1,755 | 1,694 | 772 | 779 | 259 | 69 | |||
Receivables | 2,118 | 1,349 | 821 | 2,594 | 2,175 | 1,887 | |||
Prepaid expense | 38 | ||||||||
Other undisclosed current assets | 774 | 827 | 654 | 521 | 292 | 231 | |||
Total current assets: | 8,791 | 8,181 | 5,634 | 7,735 | 5,197 | 5,540 | |||
Noncurrent Assets | |||||||||
Operating lease, right-of-use asset | 363 | 407 | 574 | 611 | ✕ | ✕ | |||
Property, plant and equipment | 2,210 | 2,180 | 2,257 | 2,198 | 1,877 | 1,575 | |||
Intangible assets, net (including goodwill) | 8,352 | 8,564 | 8,895 | 9,931 | 10,112 | 10,537 | |||
Goodwill | 7,143 | 7,171 | 7,380 | 8,127 | 8,120 | 8,229 | |||
Intangible assets, net (excluding goodwill) | 1,209 | 1,393 | 1,515 | 1,804 | 1,992 | 2,309 | |||
Deferred income tax assets | 661 | 766 | 659 | 145 | ✕ | ✕ | |||
Other undisclosed noncurrent assets | 1,184 | 1,450 | 671 | 796 | 847 | 863 | |||
Total noncurrent assets: | 12,770 | 13,367 | 13,056 | 13,681 | 12,836 | 12,976 | |||
TOTAL ASSETS: | 21,561 | 21,548 | 18,690 | 21,416 | 18,033 | 18,516 | |||
LIABILITIES AND EQUITY | |||||||||
Liabilities | |||||||||
Current Liabilities | |||||||||
Accounts payable and accrued liabilities | 1,734 | 1,528 | 1,525 | 2,044 | 1,670 | 1,996 | |||
Taxes payable | ✕ | ✕ | 16 | 50 | 88 | 74 | 33 | ||
Accounts payable | 947 | 688 | 496 | 906 | 788 | 698 | |||
Accrued liabilities | 787 | 824 | 979 | 1,050 | 808 | 1,265 | |||
Deferred revenue | 163 | 166 | 172 | 321 | ✕ | ✕ | |||
Debt | 735 | 749 | 500 | ||||||
Deferred revenue and credits | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 888 | ||
Contract with customer, liability | ✕ | ✕ | ✕ | ✕ | ✕ | 364 | ✕ | ||
Other undisclosed current liabilities | 8,881 | 7,021 | 3,709 | 7,600 | 6,026 | 4,495 | |||
Total current liabilities: | 10,778 | 9,450 | 5,406 | 10,714 | 8,060 | 7,879 | |||
Noncurrent Liabilities | |||||||||
Long-term debt and lease obligation | 6,240 | 8,075 | 8,729 | 4,721 | 3,717 | 3,749 | |||
Long-term debt, excluding current maturities | 6,240 | 7,715 | 8,216 | 4,189 | 3,717 | 3,749 | |||
Liabilities, other than long-term debt | 815 | 471 | 529 | 430 | 506 | 408 | |||
Deferred income tax liabilities | 52 | 58 | 67 | 56 | ✕ | ✕ | |||
Other liabilities | 451 | 413 | 462 | 374 | 506 | 408 | |||
Operating lease, liability | 312 | 360 | 513 | 532 | ✕ | ✕ | |||
Other undisclosed noncurrent liabilities | 1,009 | 69 | 329 | ||||||
Total noncurrent liabilities: | 7,055 | 8,546 | 10,267 | 5,151 | 4,292 | 4,486 | |||
Total liabilities: | 17,833 | 17,996 | 15,673 | 15,865 | 12,352 | 12,365 | |||
Temporary equity, carrying amount | 13 | 15 | 30 | 22 | |||||
Equity | |||||||||
Equity, attributable to parent, including: | 2,283 | 2,057 | 1,510 | 3,967 | 4,104 | 4,522 | |||
Treasury stock, value | (10,869) | (10,262) | (10,097) | (9,673) | (5,742) | (4,823) | |||
Additional paid in capital | 14,795 | 14,229 | 13,566 | 12,978 | 9,549 | 9,163 | |||
Accumulated other comprehensive loss | (234) | (149) | (178) | (217) | (220) | (149) | |||
Retained earnings (accumulated deficit) | (1,409) | (1,761) | (1,781) | 879 | 517 | 331 | |||
Other undisclosed equity, attributable to parent | 0 | ||||||||
Equity, attributable to noncontrolling interest | 1,445 | 1,495 | 1,494 | 1,569 | 1,547 | 1,606 | |||
Total equity: | 3,728 | 3,552 | 3,004 | 5,536 | 5,651 | 6,129 | |||
TOTAL LIABILITIES AND EQUITY: | 21,561 | 21,548 | 18,690 | 21,416 | 18,033 | 18,516 |
Income Statement (P&L) ($ in millions)
12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | ||
---|---|---|---|---|---|---|---|---|
Revenues | 11,667 | 8,598 | 5,199 | 12,067 | 11,223 | 10,060 | ||
Revenue, net | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 10,060 | |
Cost of revenue | (1,657) | (1,522) | (1,680) | (2,163) | (1,965) | (1,757) | ||
Cost of goods and services sold | (1,657) | (1,522) | (1,680) | |||||
Gross profit: | 10,010 | 7,076 | 3,519 | 9,904 | 9,258 | 8,303 | ||
Operating expenses | (6,848) | (4,995) | (4,502) | (7,204) | (6,986) | (6,266) | ||
Other undisclosed operating loss | (2,077) | (1,895) | (1,736) | (1,797) | (1,558) | (1,412) | ||
Operating income (loss): | 1,085 | 186 | (2,719) | 903 | 714 | 625 | ||
Nonoperating expense | (547) | (224) | (432) | (128) | (229) | (208) | ||
Investment income, nonoperating | 60 | 9 | 18 | 59 | 71 | 34 | ||
Other nonoperating expense | (385) | (58) | (90) | (14) | (110) | (61) | ||
Interest and debt expense | 49 | (280) | (360) | (173) | (190) | (182) | ||
Income (loss) from continuing operations before equity method investments, income taxes: | 587 | (318) | (3,511) | 602 | 295 | 235 | ||
Other undisclosed income (loss) from continuing operations before income taxes | (49) | 280 | 360 | 173 | 190 | 182 | ||
Income (loss) from continuing operations before income taxes: | 538 | (38) | (3,151) | 775 | 485 | 417 | ||
Income tax expense (benefit) | (195) | 53 | 423 | (203) | (87) | (45) | ||
Income (loss) from continuing operations: | 343 | 15 | (2,728) | 572 | 398 | 371 | ||
Income (loss) before gain (loss) on sale of properties: | ✕ | ✕ | 15 | (2,728) | 572 | 398 | 371 | |
Net income (loss): | 343 | 15 | (2,728) | 572 | 398 | 371 | ||
Net income (loss) attributable to noncontrolling interest | 9 | (3) | 116 | (7) | 8 | 7 | ||
Net income (loss) attributable to parent: | 352 | 12 | (2,612) | 565 | 406 | 378 | ||
Preferred stock dividends and other adjustments | (75) | |||||||
Other undisclosed net loss available to common stockholders, basic | (281) | |||||||
Net income (loss) available to common stockholders, diluted: | 352 | (269) | (2,687) | 565 | 406 | 378 |
Comprehensive Income ($ in millions)
12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | ||
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Net income (loss): | 343 | 15 | (2,728) | 572 | 398 | 371 | ||
Other comprehensive income (loss) | (106) | 2 | 67 | (5) | (86) | 183 | ||
Comprehensive income (loss): | 237 | 17 | (2,661) | 567 | 312 | 554 | ||
Comprehensive income (loss), net of tax, attributable to noncontrolling interest | 30 | 24 | 88 | 1 | 26 | (45) | ||
Comprehensive income (loss), net of tax, attributable to parent: | 267 | 41 | (2,573) | 568 | 338 | 509 |
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.