June 23, 2025 a 11:31 am
EXPE: Dividend Analysis - Expedia Group, Inc.
Expedia Group, Inc. exhibits a modest dividend yield with a focus on reinvestment and growth. While the historical fluctuations in dividend payments reflect strategic financial adjustments, investors anticipating stable dividend income may need to evaluate portability over future yield potential. The company has shown resilience with a varied dividend history, underscoring strategic adjustments in response to market dynamics.
Overview 📊
Expedia Group is categorized within a dynamic sector with transitional dividend strategies. The detailed data below illustrates critical dividend metrics as of recent assessments:
| Detail | Value |
|---|---|
| Sector | Online Travel |
| Dividend yield | 0.24 % |
| Current dividend per share | 0 USD |
| Dividend history | 12 years |
| Last cut or suspension | 2020 |
Dividend History 📉
With a dynamic trajectory, the company's dividend history represents strategic financial decisions that align with overarching business goals. These payments offer insights into both stability and strategic planning.
| Year | Dividend per Share (USD) |
|---|---|
| 2025 | 0.80 |
| 2020 | 0.34 |
| 2019 | 1.32 |
| 2018 | 1.24 |
| 2017 | 1.16 |
Dividend Growth 📈
Expedia's dividend growth over the past five years displays a minimal yet noteworthy pattern of adjustment. This metric is crucial for assessing future payout potential:
| Time | Growth |
|---|---|
| 3 years | 0 % |
| 5 years | -23.76 % |
The average dividend growth is -23.76 % over 5 years. This indicates periods of reassessment regarding dividend strategies.
Payout Ratio 🗣️
Payout ratios are instrumental in understanding the sustainability of dividends. These numbers reflect the proportion of earnings paid to shareholders in the form of dividends.
| Key figure | Ratio |
|---|---|
| EPS-based | 0 % |
| Free cash flow-based | 0 % |
The 0% payout ratios indicate a lack of dividend payments in recent periods, potentially preserving retained earnings for strategic reinvestment.
Cashflow & Capital Efficiency ✅
Efficient cash flow management and capital allocation are fundamental for financial health and growth potential. The following metrics illustrate these dynamics:
| Detail | 2024 | 2023 | 2022 |
|---|---|---|---|
| Free Cash Flow Yield | 9.51 % | 8.38 % | 20.24 % |
| Earnings Yield | 5.04 % | 3.62 % | 2.56 % |
| CAPEX to Operating Cash Flow | 24.51 % | 31.45 % | 19.24 % |
| Stock-based Compensation to Revenue | 3.35 % | 3.22 % | 3.21 % |
| Free Cash Flow / Operating Cash Flow Ratio | 75.49 % | 68.55 % | 80.76 % |
The cash flow metrics suggest satisfactory capital utilization efficiency, contributing positively towards operational stability and indicating robust reinvestment capabilities.
Balance Sheet & Leverage Analysis ⚠️
A company's balance sheet strength and debt structure significantly impact its risk profile and future growth capabilities.
| Detail | 2024 | 2023 | 2022 |
|---|---|---|---|
| Debt-to-Equity | 4.19 | 4.28 | 2.87 |
| Debt-to-Assets | 29.17 % | 30.34 % | 30.39 % |
| Debt-to-Capital | 80.75 % | 81.06 % | 74.16 % |
| Net Debt to EBITDA | -2.30 | 1.13 | 1.53 |
| Current Ratio | 0.73 | 0.78 | 0.82 |
| Quick Ratio | 0.72 | 0.78 | 0.65 |
| Financial Leverage | 14.38 | 14.11 | 9.44 |
The leverage ratios reflect significant debt levels, with a consistent capital structure. The company's strategic management of its debt levels indicates a commitment to maintaining a financially resilient balance sheet.
Fundamental Strength & Profitability 🏆
Analyzing fundamental strength and profitability helps determine a company's potential to generate earnings and maximize shareholder value:
| Detail | 2024 | 2023 | 2022 |
|---|---|---|---|
| Return on Equity | 79.25% | 51.96% | 15.42% |
| Return on Assets | 5.51% | 3.68 % | 1.63% |
| Return on Invested Capital | 10.66% | 7.08% | 5.11% |
| Net Margin | 9.01% | 6.21% | 3.02% |
| EBIT Margin | 13.06% | 9.84% | 6.99% |
| EBITDA Margin | 19.18% | 16.12% | 13.77% |
| Gross Margin | 89.46% | 87.75% | 85.80% |
| Research & Development to Revenue | 9.40% | 10.58% | 10.12% |
Expedia demonstrates strong profitability and asset efficiency, indicating robust potential for sustainable growth and shareholder value maximization.
Price Development 📈
Dividend Scoring System ⚖️
| Criteria | Score | Score Bar |
|---|---|---|
| Dividend yield | 2 | |
| Dividend Stability | 1 | |
| Dividend growth | 1 | |
| Payout ratio | 1 | |
| Financial stability | 3 | |
| Dividend continuity | 2 | |
| Cashflow Coverage | 3 | |
| Balance Sheet Quality | 2 |
Total Score: 15/40
Rating 🗣️
Expedia Group, Inc. presents a mixed dividend outlook, characterized by sporadic payments and negative growth trends. The fundamental strengths such as operational efficiency and cash flow generation provide optimistic future prospects. However, investors focusing on immediate dividend returns may look toward more stable alternatives while those seeking capital appreciation might consider this a potential candidate.