• Expedia average return on tangible equity for 2023 was -14.49, a 113.4% increase from 2022.
• Expedia average return on tangible equity for 2022 was -6.79, a 128.73% increase from 2021.
• Expedia average return on tangible equity for 2021 was 23.63, a 36.58% decline from 2020.

Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.