BKNG · Booking Holdings Inc. - Financials

Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.

Price · BKNG

1Y 3Y 5Y Max

Annual Quarterly

Income Statement

Line item	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Revenue	$26.92B	$23.74B	$21.36B	$17.09B	$10.96B	$6.80B
Cost of Revenue	-	-	-	-	-	-
Gross Profit	-	-	-	-	-	-
R&D	-	-	-	-	-	-
SG&A	$857.00M	$1.04B	$1.55B	$934.00M	$620.00M	$581.00M
Total Operating Expenses	$18.09B	$16.18B	$15.53B	$11.99B	$8.46B	$7.43B
D&A	$623.00M	$591.00M	$504.00M	$451.00M	$421.00M	$458.00M
Operating Income	$8.82B	$7.55B	$5.83B	$5.10B	$2.50B	($631.00M)
Interest Expense	$1.62B	$1.29B	$897.00M	$391.00M	$334.00M	$356.00M
Income Tax	$1.43B	$1.41B	$1.19B	$865.00M	$300.00M	$508.00M
Net Income	$5.40B	$5.88B	$4.29B	$3.06B	$1.17B	$59.00M
EPS - Basic	$6.66	$7.00	$4.75	$3.07	$1.14	$0.06
EPS - Diluted	$6.62	$6.91	$4.70	$3.05	$1.13	$0.06

Balance Sheet

Line item	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Cash & Equivalents	$17.20B	$16.16B	$12.11B	$12.22B	$11.13B	$10.56B
Accounts Receivable	-	-	-	-	-	-
Inventory	-	-	-	-	-	-
Accounts Payable	$5.09B	$3.82B	$3.48B	$2.51B	$1.59B	$735.00M
Current Assets	$22.26B	$20.49B	$17.03B	$15.80B	$13.14B	$12.21B
Total Assets	$29.26B	$27.71B	$24.34B	$25.36B	$23.64B	$21.87B
Current Liabilities	$16.70B	$15.65B	$13.33B	$8.47B	$6.25B	$3.42B
Long-term Debt	$16.86B	$14.85B	$12.22B	$11.98B	$8.94B	$11.03B
Total Liabilities	$34.84B	$31.73B	$27.09B	$22.58B	$17.46B	$16.98B
Stockholders' Equity	($5.58B)	($4.02B)	($2.74B)	$2.78B	$6.18B	$4.89B
Retained Earnings	$40.67B	$36.52B	$31.83B	$27.54B	$24.45B	$23.29B

Cash Flow

Line item	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Operating Cash Flow	$9.41B	$8.32B	$7.34B	$6.55B	$2.82B	$85.00M
Investing Cash Flow	($313.00M)	$129.00M	$1.49B	($518.00M)	($998.00M)	$2.64B
Financing Cash Flow	($8.91B)	($4.20B)	($8.91B)	($4.90B)	($1.24B)	$1.53B
CapEx	$322.00M	$429.00M	$345.00M	$368.00M	$304.00M	$286.00M
Free Cash Flow	$9.09B	$7.89B	$7.00B	$6.19B	$2.52B	($201.00M)

Ratios

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Profitability
Gross margin	-	-	-	-	-	-
Operating margin	32.8%	31.8%	27.3%	29.9%	22.8%	-9.3%
EBITDA margin	35.1%	34.3%	29.7%	32.5%	26.6%	-2.5%
Net margin	20.1%	24.8%	20.1%	17.9%	10.6%	0.9%
Free cash flow margin	33.8%	33.3%	32.8%	36.2%	23.0%	-3.0%
FCF / Net income	1.68	1.34	1.63	2.02	2.16	-3.41
R&D / Revenue	-	-	-	-	-	-
SG&A / Revenue	3.2%	4.4%	7.3%	5.5%	5.7%	8.5%
Effective tax rate	20.9%	19.3%	21.7%	22.0%	20.5%	89.6%
Return on assets	18.5%	21.2%	17.6%	12.1%	4.9%	0.3%
Return on equity	-96.9%	-146.3%	-156.3%	109.9%	18.9%	1.2%
Return on invested capital	61.9%	56.3%	48.2%	26.9%	13.1%	-2.0%
Liquidity
Current ratio	1.33	1.31	1.28	1.86	2.10	3.56
Quick ratio	1.33	1.31	1.28	1.86	2.10	3.56
Cash ratio	1.03	1.03	0.91	1.44	1.78	3.08
Leverage
Debt / Equity	-3.02	-3.69	-4.45	4.31	1.45	2.25
Debt / Assets	0.58	0.54	0.50	0.47	0.38	0.50
Debt / EBITDA	1.78	1.82	1.93	2.16	3.06	-
Interest coverage	5.5x	5.8x	6.5x	13.0x	7.5x	-1.8x
Equity multiplier	-5.25	-6.89	-8.87	9.12	3.83	4.47
Liabilities / Assets	1.19	1.15	1.11	0.89	0.74	0.78
Efficiency
Asset turnover	0.92	0.86	0.88	0.67	0.46	0.31
Inventory turnover	-	-	-	-	-	-
Days sales outstanding	-	-	-	-	-	-
Days inventory outstanding	-	-	-	-	-	-
Days payable outstanding	-	-	-	-	-	-
Cash conversion cycle	-	-	-	-	-	-
Valuation
P / E	32.3x	28.8x	30.2x	26.4x	85.2x	1546.7x
P / B	-	-	-	1.2x	0.6x	0.7x
P / S	0.3x	0.3x	0.2x	0.2x	0.4x	0.5x
EV / EBITDA	0.7x	0.7x	0.8x	0.5x	0.6x	-
Growth
Revenue growth (YoY)	13.4%	11.1%	25.0%	56.0%	61.2%	-54.9%
Revenue CAGR (3y)	16.3%	29.4%	46.5%	4.3%	0.7%	-18.8%
Revenue CAGR (5y)	31.7%	9.5%	14.7%	6.1%	0.4%	-5.9%
Gross profit growth (YoY)	-	-	-	-	-	-
Operating income growth (YoY)	16.8%	29.5%	14.4%	104.4%	-	-
Net income growth (YoY)	-8.1%	37.1%	40.3%	162.5%	1874.6%	-98.8%
EPS growth (YoY)	-4.1%	47.1%	53.8%	171.0%	1856.3%	-99.9%
EPS CAGR (3y)	29.4%	83.0%	333.6%	-69.9%	-76.2%	-89.3%
EPS CAGR (5y)	158.3%	-42.7%	-43.7%	-42.1%	-51.7%	-74.1%
FCF growth (YoY)	15.1%	12.8%	13.1%	145.9%	-	-
FCF CAGR (5y)	-	11.9%	14.6%	7.2%	-7.4%	-
Book value growth (YoY)	-38.8%	-46.5%	-	-55.0%	26.3%	-17.5%

Sales by segment

From XBRL dimensional facts in the 10-K period ending 2025-12-31.

Business segments

$26.92B total

Reportable Segment$26.92B · 100.0%

Product / service

$26.92B total

Merchant Revenue$17.75B · 66.0%

Agency Revenue$7.97B · 29.6%

Advertisingandotherrevenues$1.19B · 4.4%

Geographic

$48.62B total

Non Us$24.34B · 50.1%

NL$21.70B · 44.6%

US$2.58B · 5.3%

Stability scores

Altman Z′

FY 2025 · bankruptcy risk

3.10

Safe

Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.

Piotroski F-score

FY 2025 · 9-point quality

6/9

Neutral

✓Net income positive
✓Operating cash flow positive
✗ROA improved YoY
✓Cash flow > net income
✗Long-term debt decreased
✓Current ratio improved
✓No share dilution
-Gross margin improved
✓Asset turnover improved

Peer comparison

Same SIC group: Transportation Services

Company	Revenue (last FY)	Net margin	ROE
GATX	$1.74B	19.2%	12.1%
EXPE	$14.73B	8.8%	100.8%
LIND	-	-	10.4%
GBTG	$2.72B	4.0%	6.8%
SPCE	$1.54M	-18063.9%	-101.8%

Comparing Booking Holdings Inc. against the 5 most active filers in the same SIC group.

Dividends

$1.57/share trailing 12 months · +9.6% YoY

Ex-date	Per share
Mar 6, 2026	$0.4200
Dec 5, 2025	$0.3840
Sep 5, 2025	$0.3840
Jun 6, 2025	$0.3840
Mar 7, 2025	$0.3840
Dec 6, 2024	$0.3500
Sep 6, 2024	$0.3500
Jun 7, 2024	$0.3500
Mar 7, 2024	$0.3500