• Expedia average debt/equity ratio for 2023 was 2.06, a 9.57% increase from 2022.
• Expedia average debt/equity ratio for 2022 was 1.88, a 19.31% increase from 2021.
• Expedia average debt/equity ratio for 2021 was 2.33, a 18.27% decline from 2020.

Debt/equity ratio can be defined as a measure of a company's financial leverage calculated by dividing its long-term debt by stockholders' equity.