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Expedia GroupMEX:EXPE 77 Debt-to-EBITDA is 3.23 as of Mar. 2026, which is 21% above its 10-year median of 2.67. GuruFocus rates MEX:EXPE with a GF Score™ of 77/100 and a GF Value™ of MXN3,672.90 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 649 Travel & Leisure companies, Expedia Group ranks better than 64.1% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
The historical rank and industry rank for Expedia Group's Debt-to-EBITDA or its related term are showing as below:
MEX:EXPE'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -4.6 Med: 2.67 Max: 7.82
Current: 1.53
During the past 13 years, the highest Debt-to-EBITDA Ratio of Expedia Group was 7.82. The lowest was -4.60. And the median was 2.67.
MEX:EXPE's Debt-to-EBITDA is ranked better than 64.1% of 649
companies
in the Travel & Leisure industry
Industry Median: 2.53
vs MEX:EXPE: 1.53
Expedia Group (MEX:EXPE) Debt-to-EBITDA Explanation
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.
According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
Expedia Group Debt-to-EBITDA Related Terms
Expedia Group Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Expedia Group's Debt-to-EBITDA 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.
MEX:EXPE vs TCOM, CCL, VIK: Debt-to-EBITDA Comparison
For the Travel Services subindustry, Expedia Group's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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.
Expedia Group Debt-to-EBITDA vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Expedia Group's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Expedia Group's Debt-to-EBITDA falls into.
* 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 Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data,
the EBITDA data used here is four times the quarterly (Mar. 2026) EBITDA data.
Expedia Group (MEX:EXPE) has a Debt-to-EBITDA of 3.23 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Expedia Group. This is 21% above median its historical median of 2.67. According to the industry distribution chart, Expedia Group ranks #233 out of 649 companies in the Travel & Leisure industry, placing it in the top 35.9%.
Is Expedia Group's Debt-to-EBITDA too high?
Expedia Group's current Debt-to-EBITDA of 3.23 is 21% above median its 10-year median of 2.67. The Travel & Leisure industry median Debt-to-EBITDA is 2.53. Expedia Group's value of 3.23 is 27.7% above this industry median. Based on the distribution chart, Expedia Group ranks #233 out of 649 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Expedia Group has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Expedia Group's Debt-to-EBITDA compare to TCOM and CCL?
According to the Travel & Leisure industry distribution chart, Expedia Group ranks #233 out of 649 companies for Debt-to-EBITDA. This puts Expedia Group in the upper half of its industry. The industry median Debt-to-EBITDA is 2.53. Expedia Group's value of 3.23 is 27.7% above this benchmark. While the company's 10-year median is 2.67 vs. the industry median of 2.53, Expedia Group has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Travel & Leisure company?
The median Debt-to-EBITDA among Travel & Leisure companies is 2.53, based on 649 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Expedia Group's current Debt-to-EBITDA of 3.23 is 27.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Expedia Group. For the Travel & Leisure industry, the median Debt-to-EBITDA is 2.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Expedia Group's current Debt-to-EBITDA is 3.23, which is 21% above median its own 10-year median of 2.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Expedia Group stock overvalued right now?
Based on GuruFocus' analysis, Expedia Group (MEX:EXPE) is currently considered Modestly Overvalued. The stock's GF Value™ is MXN3,672.90, compared to a current price of MXN4,675.00 — trading 27.3% above its estimated fair value. The current Debt-to-EBITDA is 3.23, which is 21% above median its 10-year median of 2.67 and 27.7% above the Travel & Leisure industry median of 2.53. Expedia Group's overall GF Score™ is 77/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Expedia Group (MEX:EXPE), the current Debt-to-EBITDA is 3.23 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Expedia Group (MEX:EXPE) Overvalued in 2026?
Based on GuruFocus' analysis, Expedia Group stock appears to be overvalued.
The current stock price of MXN4,675.00 is trading 27.3% above its estimated GF Value™ of MXN3,672.90.
GuruFocus considers Expedia Group to be Modestly Overvalued.
Key valuation signals for MEX:EXPE:
Debt-to-EBITDA: 3.23 (21% above median its 10-year median of 2.67)
GF Value™: MXN3,672.90 vs. price of MXN4,675.00 (27.3% above fair value)
Industry Position: 27.7% above the Travel & Leisure median (#233 of 649)
No single metric tells the full story. See the MEX:EXPE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Expedia is the world's second-largest online travel agency by bookings, offering services for lodging (80% of total 2025 sales), air tickets (3%), rental cars, cruises, in-destination, and other (9%), and advertising revenue (8%). Expedia operates a number of branded travel booking sites, but its three core online travel agency brands are Expedia, Hotels.com, and alternative accommodations brand Vrbo. It also has a metasearch brand, Trivago. Transaction fees for online bookings account for the bulk of sales and profits.
77GF Score
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Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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