Earnings Per Share

12 Months Ended

Dec. 31, 2024

Basic Earnings Per Share

Basic earnings per share was calculated for the years ended December 31, 2024, 2023 and 2022 using the weighted average number of common and Class B common shares outstanding during the period excluding restricted stock and stock held in escrow.

Diluted Earnings Per Share

For the years ended December 31, 2024, 2023 and 2022, we computed diluted earnings per share using (i) the number of shares of common stock and Class B common stock used in the basic earnings per share calculation as indicated above, (ii) if dilutive, the incremental common stock that we would issue upon the assumed exercise or vesting of stock-based awards and common stock warrants using the treasury stock method, (iii) if dilutive, our Convertible Notes using the if-converted method, and (iv) other stock-based commitments.

The following table presents our basic and diluted earnings (loss) per share:


	Year Ended December 31,
	2024		2023		2022
	(In millions, except share and per share data)
Net income attributable to Expedia Group, Inc.	$	1,234	$	797	$	352



Earnings (loss) per share attributable to Expedia Group, Inc. available to common stockholders:
Basic	$	9.39	$	5.50	$	2.24
Diluted	8.95		5.31		2.17
Weighted average number of shares outstanding (000's):
Basic	131,432		144,967		156,672
Dilutive effect of:
Convertible Notes	3,921		3,921		3,921
Stock-based awards	2,566		1,340		1,158

Diluted	137,919		150,228		161,751

For the years ended December 31, 2024, 2023 and 2022, approximately 1 million, approximately 4 million and approximately 9 million of outstanding stock-based awards have been excluded from the calculations of diluted earnings per share attributable to common stockholders because their effect would have been antidilutive.

The earnings per share amounts are the same for common stock and Class B common stock because the holders of each class are legally entitled to equal per share distributions whether through dividends or in liquidation.