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Expedia Group reported earnings Q4 2024 results ended on December 31, 2024

$EXPE (-4,86 %)


- Revenue: $3.18B, +10% YoY

- Booked room nights grew 12% YoY to 86.4M

- B2C and B2B gross bookings growth accelerated 5 points to 9% and 24% respectively


CEO Ariane Gorin: "Our fourth quarter results exceeded our expectations and reflect continued strong execution and better-than-expected travel demand. All three of our core consumer brands achieved bookings growth and we further accelerated growth in our B2B business."


🌱Revenue & Growth

- Total gross bookings: $24.4B, +13% YoY

- B2C revenue: $2.08B, +6% YoY

- B2B revenue: $1.04B, +21% YoY

- Lodging revenue: $2.54B, +10% YoY

- Air revenue: $98M, +12% YoY


💰Profits & Financials

- Operating income: $216M, +109% YoY

- Net income: $299M, +124% YoY

- Adjusted EBITDA: $643M, +21% YoY

- Free cash flow: $7M vs -$415M in Q4 2023

- Diluted EPS: $2.20, +139% YoY


📌Business Highlights

- Repurchased over 12M shares for $1.6B in 2024

- Reinstated quarterly dividend of $0.40 per share

- Lodging gross bookings grew 12% YoY to $17.2B

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