GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Liberty Expedia Holdings Inc (NAS:LEXEA) » Definitions » ROE %

Liberty Expedia Holdings (Liberty Expedia Holdings) ROE % : -10.89% (As of Mar. 2019)


View and export this data going back to 2016. Start your Free Trial

What is Liberty Expedia Holdings ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Liberty Expedia Holdings's annualized net income for the quarter that ended in Mar. 2019 was $-256 Mil. Liberty Expedia Holdings's average Total Stockholders Equity over the quarter that ended in Mar. 2019 was $2,351 Mil. Therefore, Liberty Expedia Holdings's annualized ROE % for the quarter that ended in Mar. 2019 was -10.89%.

The historical rank and industry rank for Liberty Expedia Holdings's ROE % or its related term are showing as below:

LEXEA's ROE % is not ranked *
in the Interactive Media industry.
Industry Median: 0.01
* Ranked among companies with meaningful ROE % only.

Liberty Expedia Holdings ROE % Historical Data

The historical data trend for Liberty Expedia Holdings's ROE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Liberty Expedia Holdings ROE % Chart

Liberty Expedia Holdings Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
ROE %
Get a 7-Day Free Trial 11.62 53.06 133.45 -7.15 -5.11

Liberty Expedia Holdings Quarterly Data
Dec13 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -6.79 -4.24 -6.78 -2.48 -10.89

Competitive Comparison of Liberty Expedia Holdings's ROE %

For the Internet Content & Information subindustry, Liberty Expedia Holdings's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Liberty Expedia Holdings's ROE % Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Liberty Expedia Holdings's ROE % distribution charts can be found below:

* The bar in red indicates where Liberty Expedia Holdings's ROE % falls into.



Liberty Expedia Holdings ROE % Calculation

Liberty Expedia Holdings's annualized ROE % for the fiscal year that ended in Dec. 2018 is calculated as

ROE %=Net Income (A: Dec. 2018 )/( (Total Stockholders Equity (A: Dec. 2017 )+Total Stockholders Equity (A: Dec. 2018 ))/ count )
=-128/( (2609+2401)/ 2 )
=-128/2505
=-5.11 %

Liberty Expedia Holdings's annualized ROE % for the quarter that ended in Mar. 2019 is calculated as

ROE %=Net Income (Q: Mar. 2019 )/( (Total Stockholders Equity (Q: Dec. 2018 )+Total Stockholders Equity (Q: Mar. 2019 ))/ count )
=-256/( (2401+2301)/ 2 )
=-256/2351
=-10.89 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2019) net income data. ROE % is displayed in the 30-year financial page.


Liberty Expedia Holdings  (NAS:LEXEA) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2019 )
=Net Income/Total Stockholders Equity
=-256/2351
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-256 / 10644)*(10644 / 33271.5)*(33271.5 / 2351)
=Net Margin %*Asset Turnover*Equity Multiplier
=-2.41 %*0.3199*14.1521
=ROA %*Equity Multiplier
=-0.77 %*14.1521
=-10.89 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2019 )
=Net Income/Total Stockholders Equity
=-256/2351
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-256 / -1316) * (-1316 / -1216) * (-1216 / 10644) * (10644 / 33271.5) * (33271.5 / 2351)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.1945 * 1.0822 * -11.42 % * 0.3199 * 14.1521
=-10.89 %

Note: The net income data used here is four times the quarterly (Mar. 2019) net income data. The Revenue data used here is four times the quarterly (Mar. 2019) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Liberty Expedia Holdings ROE % Related Terms

Thank you for viewing the detailed overview of Liberty Expedia Holdings's ROE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Liberty Expedia Holdings (Liberty Expedia Holdings) Business Description

Traded in Other Exchanges
N/A
Address
12300 Liberty Boulevard, Englewood, CO, USA, 80112
Liberty Expedia Holdings Inc is an online travel company. It empowers business and leisure travelers through technology with the tools and information they need to efficiently research, plan, book and experience travel. It also provides various media and advertising offerings to travel and non-travel advertisers. Expedia operates a strong brand portfolio with global reach, targeting a broad range of travelers, travel suppliers, and advertisers. Travel suppliers distribute and market products through Expedia's traditional desktop and mobile offerings, as well as through alternative distribution channels including social media, its private label business, and its call centers in order to reach its extensive, global audience.
Executives
Gregory B Maffei 10 percent owner 12300 LIBERTY BLVD, ENGLEWOOD CO 80112
John C Malone director, 10 percent owner 12300 LIBERTY BLVD, ENGLEWOOD CO 80112
Albert E Rosenthaler officer: Chief Corp. Dev. Officer 12300 LIBERTY BLVD, ENGLEWOOD CO 80112
Christopher W Shean director, officer: President/CEO 12300 LIBERTY BLVD., ENGLEWOOD CO 80116
Gregg L Engles director 1225 SEVENTEENTH STREET, SUITE 1000, DENVER CO 80202
Richard N Baer officer: Chief Legal Officer
Stephen M Brett director 45 BELLEVUE DRIVE BOULDER CO 80302
Furstenberg Alexander Von director C/O ARROW INVESTMENTS, 555 WEST 18TH STREET, NEW YORK NY 10011
Barry Diller other: Member of group. See remarks. C/O IAC INC., 555 WEST 18TH STREET, NEW YORK NY 10011
Liberty Interactive Corp 10 percent owner 12300 LIBERTY BOULEVARD, ENGLEWOOD CO 80112

Liberty Expedia Holdings (Liberty Expedia Holdings) Headlines