Expedia Group annual debt-to-equity ratio
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2025
Expedia Group Debt-to-Equity Ratio Growth & History (EXPE)
Expedia Group's debt-to-equity ratio was 5.04 for fiscal 2025.
View full Expedia Group company overviewExpedia Group annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 5.04 | 0.81 | +19.09% |
| 2024 | 2024-12-31 | 4.24 | −0.09 | −2.06% |
| 2023 | 2023-12-31 | 4.32 | 1.42 | +48.92% |
| 2022 | 2022-12-31 | 2.90 | −1.42 | −32.79% |
| 2021 | 2021-12-31 | 4.32 | −1.54 | −26.33% |
| 2020 | 2020-12-31 | 5.86 | 4.46 | +316.24% |
| 2019 | 2019-12-31 | 1.41 | 0.50 | +55.56% |
| 2018 | 2018-12-31 | 0.91 | −0.03 | −3.59% |
| 2017 | 2017-12-31 | 0.94 | 0.17 | +22.87% |
| 2016 | 2016-12-31 | 0.76 | 0.11 | +16.84% |
| 2015 | 2015-12-31 | 0.65 | −0.32 | −33.16% |
| 2014 | 2014-12-31 | 0.98 | 0.40 | +68.11% |
| 2013 | 2013-12-31 | 0.58 | 0.03 | +6.29% |
| 2012 | 2012-12-31 | 0.55 | −0.02 | −3.52% |
| 2011 | 2011-12-31 | 0.57 | 0.10 | +21.49% |
| 2010 | 2010-12-31 | 0.47 | 0.13 | +40.09% |
| 2009 | 2009-12-31 | 0.33 | — | — |
Expedia Group quarterly debt-to-equity ratio
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Q2.25
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Q2.26
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 4.70 | −3.05 | −39.35% |
| Q1 2026 | 2026-03-31 | 8.17 | 2.14 | +35.43% |
| Q4 2025 | 2025-12-31 | 5.04 | 0.81 | +19.09% |
| Q3 2025 | 2025-09-30 | 4.85 | −0.11 | −2.27% |
| Q2 2025 | 2025-06-30 | 7.75 | 0.38 | +5.22% |
| Q1 2025 | 2025-03-31 | 6.03 | −1.33 | −18.12% |
| Q4 2024 | 2024-12-31 | 4.24 | −0.09 | −2.06% |
| Q3 2024 | 2024-09-30 | 4.96 | 1.05 | +26.86% |
| Q2 2024 | 2024-06-30 | 7.37 | 3.65 | +97.92% |
| Q1 2024 | 2024-03-31 | 7.37 | 3.79 | +106.13% |
| Q4 2023 | 2023-12-31 | 4.32 | 1.42 | +48.92% |
| Q3 2023 | 2023-09-30 | 3.91 | 1.02 | +35.28% |
| Q2 2023 | 2023-06-30 | 3.72 | 0.03 | +0.71% |
| Q1 2023 | 2023-03-31 | 3.57 | −0.31 | −7.95% |
| Q4 2022 | 2022-12-31 | 2.90 | −1.42 | −32.79% |
| Q3 2022 | 2022-09-30 | 2.89 | −2.63 | −47.68% |
| Q2 2022 | 2022-06-30 | 3.70 | −4.41 | −54.41% |
| Q1 2022 | 2022-03-31 | 3.88 | −3.48 | −47.27% |
| Q4 2021 | 2021-12-31 | 4.32 | −1.54 | −26.33% |
| Q3 2021 | 2021-09-30 | 5.52 | 0.19 | +3.60% |
| Q2 2021 | 2021-06-30 | 8.11 | 3.38 | +71.57% |
| Q1 2021 | 2021-03-31 | 7.36 | 4.95 | +205.21% |
| Q4 2020 | 2020-12-31 | 5.86 | 4.46 | +316.24% |
| Q3 2020 | 2020-09-30 | 5.33 | 4.02 | +308.19% |
| Q2 2020 | 2020-06-30 | 4.73 | 3.74 | +378.28% |
| Q1 2020 | 2020-03-31 | 2.41 | 1.36 | +129.74% |
| Q4 2019 | 2019-12-31 | 1.41 | 0.50 | +55.56% |
| Q3 2019 | 2019-09-30 | 1.31 | 0.46 | +53.66% |
| Q2 2019 | 2019-06-30 | 0.99 | −0.08 | −7.34% |
| Q1 2019 | 2019-03-31 | 1.05 | 0.03 | +3.15% |
| Q4 2018 | 2018-12-31 | 0.91 | −0.03 | −3.59% |
| Q3 2018 | 2018-09-30 | 0.85 | −0.07 | −7.65% |
| Q2 2018 | 2018-06-30 | 1.07 | 0.30 | +39.94% |
| Q1 2018 | 2018-03-31 | 1.02 | 0.24 | +31.30% |
| Q4 2017 | 2017-12-31 | 0.94 | 0.17 | +22.87% |
| Q3 2017 | 2017-09-30 | 0.92 | 0.10 | +11.58% |
| Q2 2017 | 2017-06-30 | 0.76 | 0.00 | +0.19% |
| Q1 2017 | 2017-03-31 | 0.78 | 0.08 | +11.90% |
| Q4 2016 | 2016-12-31 | 0.76 | 0.11 | +16.84% |
| Q3 2016 | 2016-09-30 | 0.82 | −0.19 | −18.68% |
| Q2 2016 | 2016-06-30 | 0.76 | −0.41 | −35.05% |
| Q1 2016 | 2016-03-31 | 0.69 | −0.36 | −34.01% |
| Q4 2015 | 2015-12-31 | 0.65 | −0.32 | −33.16% |
| Q3 2015 | 2015-09-30 | 1.01 | 0.09 | +9.42% |
| Q2 2015 | 2015-06-30 | 1.17 | 0.51 | +75.82% |
| Q1 2015 | 2015-03-31 | 1.05 | 0.42 | +67.68% |
| Q4 2014 | 2014-12-31 | 0.98 | 0.40 | +68.11% |
| Q3 2014 | 2014-09-30 | 0.93 | 0.36 | +62.86% |
| Q2 2014 | 2014-06-30 | 0.67 | 0.11 | +18.78% |
| Q1 2014 | 2014-03-31 | 0.63 | 0.05 | +8.22% |
| Q4 2013 | 2013-12-31 | 0.58 | 0.03 | +6.29% |
| Q3 2013 | 2013-09-30 | 0.57 | 0.04 | +7.73% |
| Q2 2013 | 2013-06-30 | 0.56 | 0.00 | +0.31% |
| Q1 2013 | 2013-03-31 | 0.58 | −0.03 | −5.10% |
| Q4 2012 | 2012-12-31 | 0.55 | −0.02 | −3.52% |
| Q3 2012 | 2012-09-30 | 0.53 | −0.04 | −6.97% |
| Q2 2012 | 2012-06-30 | 0.56 | −0.01 | −2.13% |
| Q1 2012 | 2012-03-31 | 0.61 | 0.00 | +0.19% |
| Q4 2011 | 2011-12-31 | 0.57 | 0.10 | +21.49% |
| Q3 2011 | 2011-09-30 | 0.57 | −0.04 | −6.45% |
| Q2 2011 | 2011-06-30 | 0.57 | 0.23 | +66.26% |
| Q1 2011 | 2011-03-31 | 0.61 | — | — |
| Q4 2010 | 2010-12-31 | 0.47 | 0.13 | +40.09% |
| Q3 2010 | 2010-09-30 | 0.61 | — | — |
| Q2 2010 | 2010-06-30 | 0.34 | — | — |
| Q4 2009 | 2009-12-31 | 0.33 | — | — |
Expedia Group debt-to-equity ratio trends
Over the last five fiscal years, Expedia Group's debt-to-equity ratio decreased from 5.86 to 5.04, a change of −0.82. The latest reported quarter, Q2 2026, shows 4.70.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Expedia Group source filings ↗