Expedia Group, Inc. (EXPE) Valuation — DCF, Graham & Comparables

Expedia Group, Inc. (EXPE) — Price $285.93 (closing price, October 30, 2026) — Consumer Cyclical — Travel Services — NASDAQ

Latest reported results:

Valuation dashboard for Expedia Group, Inc. (EXPE) with P/E 17.83, P/B 28.62, EV/EBITDA 8.1 and dividend yield 0.64%. DCF, Graham Number, EPS growth, peer multiples and dividend discount models plus sector comparison against other Consumer Cyclical companies.

Expedia Group, Inc. operates as a leading online travel company, serving customers both within the United States and across international markets. The enterprise structures its extensive operations into three primary divisions: Retail, Business-to-Business (B2B), and Trivago. Its comprehensive brand portfolio caters to diverse travel needs.

What would it be worth at its usual multiples?

Versus its usual multiples: cheap · Current P/E 17.8× · Multiples range: $294.67 · $542.98.

At the decade median (33.9×) $543 (+90 %); at its sector median (18.4×) $295 (+3 %). Implied price from applying the reference multiples to today's earnings (or book value, or FFO) per share. Not a fair value: it is where the stock would trade at its usual multiples.

Analysis Summary

Expedia Group, Inc. reported revenue of $14.73B in the most recent fiscal year, growing at a 5-year CAGR of 23.2%.

Trailing-twelve-month margins: gross margin 90.4%, operating margin 18.8%, net margin 13.0%.

At $285.93 (closing price, October 30, 2026), EXPE trades at a P/E of 17.83 and an ROE of 184.84%. Market capitalisation stands at $32.7B, placing it among large-cap names.

Balance sheet quality for EXPE: debt-to-equity ratio of 4.70, current ratio of 0.80 over the last 12 months. A debt-to-equity below 1.0 typically signals conservative capital structure, while a current ratio above 1.5 indicates comfortable short-term liquidity.

Valuation Ratios

P/E Ratio17.83
Price / Book28.62
EV / EBITDA8.1
Dividend Yield0.64%

Peer Comparison

SymbolCompanyMarket CapP/EP/BROE
EXPEExpedia Group, Inc.$32.7B17.8328.62184.8%
BKNGBooking Holdings Inc.$111.3B16.43-96.7%
ABNBAirbnb, Inc.$98.4B37.5312.4833.4%
TCOMTrip.com Group Limited$25.9B7.121.0414.6%
MMYTMakeMyTrip Limited$4.0B130.12-13.0%

Price

Price$285.93 (closing price, October 30, 2026)
Market Cap$32.7B
ExchangeNASDAQ
CountryUS

Profitability

Return on Equity184.84%
Return on Invested Capital25.89%
Return on Assets7.01%
Gross Margin90.43%
Operating Margin18.79%
Net Margin12.97%

Related companies: BKNG · ABNB · TCOM · MMYT

Explore sector: Consumer Cyclical · Travel Services

More sections of EXPE: Overview · Financials · Statistics · Estimates · Technical · Ownership · News · Events

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