Is Expedia Group, Inc. (EXPE) Fairly Valued?

Expedia Group, Inc. valuation review using P/E, fair value, revenue growth, EPS growth, net margin, and TGMCharts chart exhibits as of August 7, 2026.

By TGMCharts Research · Data as of · Updated

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Expedia Group, Inc. does not get a one-metric verdict. The stock trades at 19.37x trailing earnings and the analyst DCF (FMP) reference is $221, so the valuation read depends on whether growth and margins support that price.

The core evidence is the relationship between price, earnings, fair value, and business support. Five-year revenue CAGR is 22.12%, five-year EPS CAGR is 17.91%, and net margin is 12.97%. Those facts decide whether the multiple is defensible or stretched.

  • Expedia Group, Inc. closed at $311 on August 7, 2026.
  • Trailing P/E is 19.37x and price-to-sales is 2.45x.
  • Analyst DCF (FMP) is $221 with margin of safety at -29.00%.
  • Five-year revenue CAGR is 22.12% and five-year EPS CAGR is 17.91%.
  • Earnings yield is 5.16% and net margin is 12.97%.

Valuation Setup

The market price, model anchor, growth support, and profitability facts behind the valuation read.

Latest close
$311
Trailing P/E
19.37x
Price to sales
2.45x
Analyst DCF (FMP)
$221
Margin of safety
-29.00%
5Y EPS CAGR
17.91%

The Read

Expedia Group, Inc. should be read as a valuation question with a specific burden of proof: does the market price have enough earnings, growth, and margin support to justify the multiple? The stock closed at $311 on August 7, 2026, trades at 19.37x trailing earnings, and shows an analyst-DCF (FMP) margin of safety of -29.00% — an independent reference, not a TGMCharts model output.

The answer cannot come from one ratio. This note treats P/E, fair value, price-to-sales, earnings yield, revenue growth, EPS growth, and margin quality as a linked evidence set. If those lines reinforce each other, the valuation can be defended with more confidence; if they split, the final read has to stay cautious.

Current compounder snapshot · EXPE

Live supporting context; not part of the article's frozen 2026-08-07 evidence snapshot.

Score
8/100
10Y CAGR
8.2%
Median YoY
10.4%
YoY volatility
σ 56.2pp· choppy
Quarters ≥ 20%
8 of 40
Negative quarters
5
Valuation vs own 10Y history
P/S 2.5x · 10Y median 1.8x · 82nd percentile · as of Aug 7, 2026
How this score is computed
  • Quarters at or above 20%: 8 of 40 8 of 40 pts
  • Steadiness (typical swing 56.2pp) → 0 of 25 pts
  • Pace (median 10.4% YoY) → 0 of 20 pts
  • Latest quarter (14% YoY) → 0 of 15 pts
  • Score: 8 of 100

Annual revenue · last 11 fiscal years

$0.00$5.00B$10.00B$15.00B201520172019202120232025

Quarterly YoY revenue growth vs the 20% line

-100%0%100%200%300%20%20172019202120232025

P/S multiple vs its 10Y median

0x1x2x3x4x5x6x7x10Y median 1.8x20172019202120232025

EXPE compounder charts →All consistent compounders →

Price And Multiple Context

The price and multiple section asks what the market is paying before judging whether that price is justified. Price-to-sales is 2.45x and earnings yield is 5.16%, so the first chart group keeps the market price, P/E history, and sales multiple in the same frame rather than treating the headline P/E as the whole story.

P/E ratio

EXPE P/E ratio Chart

19.37x

The trailing earnings multiple is the main valuation exhibit because it connects the market price to reported earnings.

-77.62% over 5Y

Latest P/E ratio: 19.37x as of August 7, 2026.

A P/E ratio of 19.37x has to be judged against the company's five-year EPS CAGR of 17.91%. If the multiple is high while EPS support is ordinary, the valuation thesis becomes more dependent on investor confidence than on fresh earnings power.

price-to-sales

EXPE price-to-sales Chart

2.45x

Price-to-sales gives a second valuation lens when margins and earnings can move around the cycle.

-36.20% over 5Y

Latest price-to-sales ratio: 2.45x.

Price-to-sales at 2.45x is most useful beside net margin of 12.97%. A richer sales multiple is easier to defend when margin quality is durable rather than temporarily elevated.

Fair Value And Margin Of Safety

The fair-value section is a reference point beside the market multiple. The stored fair value comes from the analyst DCF (FMP) — an independent third-party model, not a TGMCharts output — at $221, with a margin of safety of -29.00%. Treat it as one input rather than a verdict: see the Expedia Group, Inc. DCF page for TGMCharts' own scenario range, which can differ materially.

The valuation at a glance

Each input on its own line: what the stock costs against earnings and sales, the model's fair value and how far price sits from it, and the growth and margins behind the business.

Price-to-earnings (P/E)

Value
19.37x

Earnings yield

Value
5.16%

Analyst DCF (FMP)

Value
$221

Margin of safety vs analyst DCF (FMP)

Value
-29.00%

Revenue growth, five-year

Value
22.12%

EPS growth, five-year

Value
17.91%

Net profit margin

Value
12.97%

Price-to-sales (P/S)

Value
2.45x
earnings yield

EXPE earnings yield Chart

5.16%

Earnings yield reframes valuation from an owner's-yield perspective rather than a multiple perspective.

+4.0pp over 5Y

Latest earnings yield: 5.16%.

The earnings yield of 5.16% is the counterweight to the P/E ratio. If the yield is thin relative to the quality and growth profile, the valuation case needs more help from future compounding.

Growth Support

Growth support has to show up in both the top line and the per-share outcome. Five-year revenue CAGR is 22.12% and five-year EPS CAGR is 17.91%. The revenue and EPS exhibits sit here because this is where the valuation note decides whether the multiple is being supported by actual business expansion or mainly by investor willingness to pay more.

revenue

EXPE revenue

$4.32B

Revenue history tests whether the valuation is being supported by real business expansion.

+67.19% over 10Y

Five-year revenue CAGR: 22.12%. This is endpoint-to-endpoint from the fiscal years shown — a depressed start year can inflate it, so read it against the recent bars.

Revenue growth is the business-expansion evidence behind the valuation read. A five-year revenue CAGR of 22.12% helps show how much of the valuation story is coming from company growth instead of only multiple expansion.

EPS

EXPE EPS

$7.30

EPS history checks whether reported earnings are keeping pace with the market multiple.

+292.47% over 10Y

Five-year EPS CAGR: 17.91%. This is endpoint-to-endpoint from the fiscal years shown — a depressed or negative start year can inflate it, so read it against the recent bars.

A five-year EPS CAGR of 17.91% is the clearest support figure for a P/E-based conclusion. If EPS growth slows while the multiple remains elevated, the article should become more cautious after refresh.

Margin Quality

Margin quality is the bridge between sales growth and earnings value. Net margin is 12.97% and price-to-sales is 2.45x, so this section reads profitability beside the sales multiple. A richer sales multiple is easier to defend when profitability is durable. If margins are already elevated, the valuation read should leave room for pressure even when the recent earnings record looks strong.

net margin

EXPE net margin

20.35%

Net margin shows whether the company has enough profitability quality to support its valuation.

+9.5pp over 10Y

Net margin (TTM): 12.97%. The bars below are annual fiscal years.

Net margin of 12.97% is a quality signal, not a valuation verdict by itself. It matters because a premium multiple is more defensible when margins are structurally strong and less defensible when margins are peaking.

Bull/Bear Valuation Case

The bull case is that revenue growth, EPS growth, and margin quality continue to support the current multiple. The bear case is that the P/E ratio and fair-value gap ask too much of the business if growth slows or margins normalize. Keeping both cases visible prevents the valuation note from becoming either a price chart recap or a model-output recap.

Bull and bear case

Valuation support

  • Five-year revenue CAGR of 22.12% and five-year EPS CAGR of 17.91% support the business case.
  • Net margin of 12.97% is the quality check behind the multiple.

Valuation pressure

  • A P/E ratio of 19.37x can become demanding if EPS growth slows.
  • The analyst-DCF (FMP) margin of safety at -29.00% should change the valuation read if it deteriorates after refresh.

What Could Change The View

The valuation read should change if the third-party DCF (FMP) estimate moves, if the latest close moves materially toward or away from that reference of $221, or if revenue and EPS growth break from the stored trend. The dated article snapshot above is the basis for this note; newer figures appear only in the separately labeled current snapshot.

Final Read

The final read is that Expedia Group, Inc. needs valuation support from more than one place: the market multiple, the analyst-DCF (FMP) reference, growth, and margin quality all have to keep pointing in the same direction. Every figure in this research note is checked against data we compute and store from the company's reported filings. It is general research context only, not personalized investment advice or a buy or sell call.

FAQ

Is EXPE fairly valued?

Expedia Group, Inc. trades at 19.37x trailing earnings, while the price gap versus the third-party DCF (FMP) estimate is -29.00%. Read those references alongside five-year revenue CAGR of 22.12% and five-year EPS CAGR of 17.91%; none is a standalone verdict.

What valuation metric matters most for EXPE?

This article anchors on P/E, fair value, margin of safety, price-to-sales, earnings yield, revenue growth, and EPS growth. No single metric is treated as a recommendation.

How often should this EXPE valuation view refresh?

Numbers here are as of August 7, 2026 — the note's dated snapshot. A note whose figures can no longer be verified against the company's reported data is corrected or unpublished rather than left stale.

What would change our mind

  • A material move away from the analyst-DCF (FMP) reference of $221.
  • A break in five-year EPS support, currently 17.91%.
  • Margin quality drifting away from the latest net margin of 12.97%.

The bottom line

Expedia Group, Inc. valuation research note from TGMCharts Research, grounded in a dated fundamentals snapshot, chart exhibits, and linked source facts.

Read next: EXPE fundamentalsContinue with Expedia Group, Inc.'s full stock page.
How we checked this researchShow

Data snapshot · By TGMCharts Research.

Every number in this note comes from data we compute and store ourselves from the company's reported figures, plus verbatim excerpts from its SEC filings. When a value isn't available we say so — we never fill gaps with estimates.

Latest filing excerpt

10-Q · filed 2026-05-08 · period 2026-03-31 · SEC EDGAR source

  • These estimates and assumptions also affect the reported amount of net income or loss during any period.
  • For example, traditional leisure travel bookings are generally the highest in the first three quarters as travelers plan and book their spring, summer and winter holiday travel.
  • The number of bookings typically decreases in the fourth quarter.
  • Since revenue for most of our travel services, including merchant and agency hotel, is recognized as the travel takes place rather than when it is booked, revenue typically lags bookings by several weeks for our hotel business and can be several months or more for our alternative accommodations business.

Every number, checked

Full methodology