← Expedia Group, Inc.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | |||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | |||||||||||
| Net Income (Loss) Attributable to Parent | $281.8m | $378.0m | $406.0m | $565.0m | ($2.6b) | $12.0m | $352.0m | $797.0m | $1.2b | $1.3b | |
| Net Income (Loss) Available to Common Stockholders, Basic | $261.3m | $371.4m | $398.0m | $572.0m | ($2.7b) | ($269.0m) | $352.0m | $797.0m | $1.2b | $1.3b | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $261.3m | $371.4m | $398.0m | $572.0m | ($2.7b) | $15.0m | $343.0m | $688.0m | $1.2b | $1.3b | |
| Net Income (Loss) Attributable to Noncontrolling Interest | ($20.6m) | ($6.6m) | ($8.0m) | $7.0m | ($116.0m) | $3.0m | ($9.0m) | ($109.0m) | ($10.0m) | $7.0m | |
| Depreciation, Depletion and Amortization | $477.1m | $614.1m | $676.0m | $712.0m | $893.0m | $814.0m | $792.0m | $807.0m | $838.0m | $887.0m | |
| Amortization of Intangible Assets | $317.1m | $275.4m | $283.0m | $198.0m | $154.0m | $99.0m | $88.0m | $59.0m | $57.0m | $40.0m | |
| Capitalized Computer Software, Amortization | $300.0m | $398.0m | $479.0m | $556.0m | $593.0m | $588.0m | $597.0m | $642.0m | $671.0m | $749.0m | |
| Depreciation | $477.1m | $614.1m | $676.0m | $712.0m | $739.0m | $715.0m | $704.0m | $748.0m | $781.0m | $847.0m | |
| Deferred Income Tax Expense (Benefit) | ($14.1m) | ($103.3m) | ($308.0m) | ($91.0m) | ($488.0m) | ($145.0m) | $70.0m | $62.0m | $74.0m | $78.0m | |
| Share-based Payment Arrangement, Noncash Expense | $242.4m | $149.3m | $203.0m | $241.0m | $205.0m | $418.0m | $374.0m | $413.0m | $458.0m | $398.0m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | $1.3m | $9.1m | — | — | — | — | — | — | — | — | |
| Share-based Payment Arrangement, Expense | — | — | $203.0m | $241.0m | $205.0m | $418.0m | $374.0m | $413.0m | $458.0m | $398.0m | |
| Goodwill and Intangible Asset Impairment | — | — | — | — | — | — | $81.0m | $426.0m | $147.0m | $0 | |
| Goodwill, Impairment Loss | — | — | $86.0m | $0 | $799.0m | $14.0m | $0 | $297.0m | $0 | $0 | |
| Impairment of Intangible Assets (Excluding Goodwill) | $34.9m | $0 | $42.0m | $0 | $175.0m | — | $81.0m | $426.0m | $147.0m | $0 | |
| Gain (Loss) on Extinguishment of Debt | — | — | — | — | — | ($280.0m) | $49.0m | $0 | $0 | — | |
| Gain (Loss) on Disposition of Business | $0 | $0 | — | — | ($13.0m) | $456.0m | $6.0m | $25.0m | — | — | |
| Income (Loss) from Equity Method Investments | ($1.5m) | $232k | $111.0m | ($8.0m) | $142.0m | $29.0m | $345.0m | ($16.0m) | ($289.0m) | $167.0m | |
| Income Tax Expense (Benefit) | $15.3m | $45.4m | $87.0m | $203.0m | ($423.0m) | ($53.0m) | $195.0m | $330.0m | $318.0m | $290.0m | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | $246.0m | $299.0m | |
| Other Nonoperating Income (Expense) | ($31.7m) | ($60.8m) | ($110.0m) | ($14.0m) | ($90.0m) | ($58.0m) | ($385.0m) | ($2.0m) | $234.0m | ($236.0m) | |
| Changes in operating assets and liabilities: | |||||||||||
| Additional Financial Items | |||||||||||
| Increase (Decrease) in Accounts Receivable | $276.2m | $455.7m | $282.0m | $368.0m | ($1.8b) | $721.0m | $838.0m | $741.0m | $467.0m | $983.0m | |
| Increase (Decrease) in Other Operating Assets | $30.2m | $116.8m | $29.0m | $193.0m | $188.0m | $224.0m | ($55.0m) | ($98.0m) | ($67.0m) | $3.0m | |
| Foreign Currency Transaction Gain (Loss), before Tax | ($15.2m) | ($45.6m) | $3.0m | ($34.0m) | $71.0m | ($48.0m) | ($40.0m) | ($85.0m) | ($66.0m) | ($46.0m) | |
| Gain (Loss) on Investments | $16.3m | ($78.8m) | ($111.0m) | $8.0m | ($142.0m) | ($29.0m) | ($345.0m) | $16.0m | $289.0m | ($167.0m) | |
| Gain (Loss) on Sale of Derivatives | ($53.1m) | $6.3m | $31.0m | $22.0m | $80.0m | ($16.0m) | ($78.0m) | $0 | ($40.0m) | $128.0m | |
| General and Administrative Expense | $678.3m | $676.0m | $808.0m | $847.0m | $597.0m | $705.0m | $748.0m | $771.0m | $805.0m | $765.0m | |
| Goodwill | $7.9b | $8.2b | $8.1b | $8.1b | $7.4b | $7.2b | $7.1b | $6.8b | $6.8b | $6.9b | |
| Investment Income, Interest | $19.7m | $34.1m | $71.0m | $59.0m | $18.0m | $9.0m | $60.0m | $207.0m | $235.0m | $255.0m | |
| Nonoperating Income (Expense) | ($185.1m) | ($208.4m) | ($229.0m) | ($128.0m) | ($432.0m) | ($224.0m) | ($547.0m) | ($15.0m) | $223.0m | ($280.0m) | |
| Proceeds from Issuance of Redeemable Preferred Stock | — | — | — | — | $1.1b | $0 | — | — | — | — | |
| Proceeds from Stock Options Exercised | — | $213.0m | $149.0m | $284.0m | $301.0m | $476.0m | $98.0m | $60.0m | $67.0m | $12.0m | |
| Revenue from Contract with Customer, Including Assessed Tax | — | — | $11.2b | — | — | — | — | — | — | — | |
| Unrealized Gain (Loss) on Investments | — | — | — | ($5.0m) | $2.0m | — | — | — | $1.0m | $1.0m | |
| Net Cash Provided by (Used in) Operating Activities | $1.6b | $1.8b | $2.0b | $2.8b | ($3.8b) | $3.7b | $3.4b | $2.7b | $3.1b | $3.9b | |
| Cash flows from investing activities: | |||||||||||
| Payments to Acquire Property, Plant, and Equipment | $749.3m | $710.3m | $878.0m | $1.2b | $797.0m | $673.0m | $662.0m | $846.0m | $756.0m | $770.0m | |
| Payments to Acquire Businesses, Net of Cash Acquired | $777k | $170.6m | $53.0m | ($80.0m) | $0 | — | — | — | — | — | |
| Payments to Acquire Investments | $45.4m | $1.8b | $1.8b | $1.3b | $685.0m | $201.0m | $60.0m | $28.0m | $549.0m | $628.0m | |
| Gain (Loss) on Sale of Investments | $16.3m | ($78.8m) | $111.0m | ($5.0m) | $2.0m | $105.0m | $128.0m | ($16.0m) | $0 | ($120.0m) | |
| Payments for (Proceeds from) Other Investing Activities | ($2.2m) | ($7.2m) | ($38.0m) | ($21.0m) | ($58.0m) | $20.0m | $67.0m | $0 | $35.0m | ($120.0m) | |
| Net Cash Provided by (Used in) Investing Activities | ($718.3m) | ($1.6b) | ($559.0m) | ($1.6b) | ($263.0m) | ($931.0m) | ($580.0m) | ($800.0m) | ($1.3b) | ($531.0m) | |
| Cash flows from financing activities: | |||||||||||
| Proceeds from Issuance of Long-term Debt | $2.1m | $989.6m | $0 | $1.2b | $3.9b | $2.0b | $0 | $0 | $0 | $985.0m | |
| Repayments of Long-term Debt | — | — | $500.0m | $0 | — | — | $2.1b | $0 | $0 | $1.0b | |
| Payments for Repurchase of Common Stock | $455.7m | $312.1m | $923.0m | $743.0m | $425.0m | $165.0m | $607.0m | $2.1b | $1.8b | $1.9b | |
| Payments of Ordinary Dividends, Common Stock | — | — | — | — | $48.0m | — | — | — | — | $200.0m | |
| Proceeds from (Payments to) Noncontrolling Interests | $208.0m | — | — | — | — | — | — | — | — | — | |
| Proceeds from (Payments for) Other Financing Activities | ($29.0m) | ($16.1m) | ($15.0m) | $9.0m | ($21.0m) | ($8.0m) | $15.0m | ($60.0m) | ($22.0m) | $3.0m | |
| Net Cash Provided by (Used in) Financing Activities | ($690.6m) | $687.5m | ($1.5b) | $175.0m | $4.1b | ($973.0m) | ($2.6b) | ($2.1b) | ($1.7b) | ($2.1b) | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | ($35.0m) | $147.0m | ($139.0m) | $3.0m | $61.0m | ($177.0m) | ($190.0m) | $16.0m | ($165.0m) | $189.0m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | ($35.0m) | $147.0m | ($212.0m) | $1.4b | $41.0m | $1.7b | $46.0m | ($190.0m) | ($87.0m) | $1.4b | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | ($35.0m) | $147.0m | $2.7b | $4.1b | $4.1b | $5.8b | $5.9b | $5.7b | $5.6b | $7.0b | |
| Supplemental disclosure of cash flow information: | |||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $153.8m | $162.9m | $196.0m | $157.0m | $313.0m | $342.0m | $291.0m | $231.0m | $231.0m | $213.0m | |
| Income Taxes Paid, Net | $124.3m | $174.2m | $282.0m | $304.0m | $108.0m | $74.0m | $102.0m | $281.0m | $184.0m | $218.0m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.