BKNG · Booking Holdings Inc.

$212.06 -1.28 (-0.60%) At close · Aug 14

Market Cap

$159.34B

751.38M

Income-statement, balance-sheet and cash-flow figures extracted from the company's SEC filings — 10-K annual and 10-Q quarterly reports — and standardised for comparison across periods.

Revenue

$26.92B +13.4%

FY2025

Net Income

$5.4B -8.1%

FY2025

Gross Margin

98.09% +2pp

FY2017

Operating Margin

32.79% +1pp

FY2025

Diluted EPS

$6.62 -4.1%

FY2025

Operating Cash Flow

$9.41B +13%

FY2025

Chart any reported metric, KPI or segment over time — the full statement history lives here

Income Statement Balance Sheet Cash Flow Adjusted All Metrics

Annual Quarterly

Line Item	3Y	5Y	10Y	TTM	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012	FY2011	FY2010	FY2009	FY2008
Revenue	+16.3%	+31.7%	+11.3%	$28.24B	$26.92B	$23.74B	$21.37B	$17.09B	$10.96B	$6.8B	$15.07B	$14.53B	$12.68B	$10.74B	$9.22B	$8.44B	$6.79B	$5.26B	$4.36B	$3.08B	$2.34B	$1.88B
Cost of Revenue	-34.4%	-27.1%	—	—	—	—	—	—	—	—	—	—	$242M	$415M	$632.18M	$857.84M	$1.08B	$1.18B	$1.28B	$1.18B	$1.08B	$928.84M
Gross Profit	+17.9%	+25.0%	—	—	—	—	—	—	—	—	—	—	$12.44B	$10.33B	$8.59B	$7.58B	$5.72B	$4.08B	$3.08B	$1.91B	$1.26B	$955.97M
Gross Margin	—	—	—	—	—	—	—	—	—	—	—	—	98.09%	96.14%	93.15%	89.84%	84.14%	77.62%	70.71%	61.88%	53.92%	50.72%
Selling & Marketing	+21.8%	+23.5%	—	—	—	—	—	—	—	—	—	—	$561.96M	$435.23M	$353.22M	$310.91M	$235.82M	$195.93M	$162.69M	$116.3M	$81.24M	$77.95M
General & Administrative	+3.8%	+8.1%	+7.5%	$833M	$857M	$1.04B	$1.56B	$766M	$522M	$581M	$797M	$699M	$576M	$452M	$415.42M	$352.87M	$252.99M	$173.17M	$123.65M	$81.19M	$68.56M	$55.27M
Amortization of Intangibles	-3.1%	+4.1%	+1.8%	$167M	$204M	$221M	$222M	$224M	$162M	$167M	$175M	$178M	$176M	$169M	$170.98M	$129.58M	$69.61M	$32.32M	$33.18M	$34.26M	—	—
Depreciation & Amortization	+11.4%	+6.3%	+8.6%	$571M	$623M	$591M	$504M	$451M	$421M	$458M	$469M	$426M	$363M	$309M	$272.49M	$207.82M	$117.98M	$65.14M	$53.82M	$45.76M	$39.19M	$42.8M
Restructuring Charges	—	—	—	—	—	—	—	—	$13M	$149M	$0	$0	—	—	—	—	—	—	—	—	—	—
Total Operating Expenses	+14.7%	+19.5%	+13.0%	$18.96B	$18.09B	$16.18B	$15.53B	$11.99B	$8.46B	$7.43B	$9.72B	$9.19B	$7.9B	$7.42B	$5.33B	$4.51B	$3.3B	$2.25B	$1.68B	$1.12B	$789.93M	$666.5M
Operating Income	+20.0%	—	+10.5%	$9.28B	$8.83B	$7.56B	$5.84B	$5.1B	$2.5B	-$631M	$5.35B	$5.34B	$4.54B	$2.91B	$3.26B	$3.07B	$2.41B	$1.83B	$1.4B	$786.8M	$470.84M	$289.47M
Operating Margin	—	—	—	—	32.79%	31.83%	27.31%	29.85%	22.78%	-9.28%	35.48%	36.77%	35.79%	27.05%	35.33%	36.41%	35.51%	34.78%	32.12%	25.5%	20.14%	15.36%
EBITDA	+19.4%	—	+10.3%	$9.86B	$9.45B	$8.15B	$6.34B	$5.55B	$2.92B	-$173M	$5.81B	$5.77B	$4.9B	$3.22B	$3.53B	$3.28B	$2.53B	$1.89B	$1.45B	$832.56M	$510.03M	$332.27M
Interest Expense	+60.5%	+35.3%	+26.0%	$1.1B	$1.62B	$1.3B	$897M	$391M	$334M	$356M	$266M	$269M	$254M	$208M	$160.23M	$88.35M	$83.29M	$62.06M	$31.72M	$29.94M	$24.08M	$34.85M
Interest Income	+49.7%	+114.0%	+32.0%	—	—	—	—	—	—	—	—	$187M	$157M	$95M	$55.73M	$13.93M	$4.17M	$3.86M	$8.12M	$3.86M	$2.22M	$11.66M
Other Non-Operating Income	—	—	—	$276M	-$1.3B	-$82M	-$477M	-$1.01B	-$697M	$1.55B	$613M	-$506M	-$139M	-$193M	-$130.59M	-$83.86M	-$115.88M	-$67.92M	-$31.13M	-$40.51M	-$28.53M	-$13.37M
Equity in Earnings of Unconsolidated Entities	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	$0	$0	$2000	-$310K
Pretax Income	+20.3%	+64.5%	+8.1%	$9.29B	$6.83B	$7.29B	$5.48B	$3.92B	$1.47B	$567M	$5.96B	$4.84B	$4.4B	$2.71B	$3.13B	$2.99B	$2.3B	$1.76B	$1.37B	$746.28M	$442.3M	$276.11M
Income Tax	+18.2%	+23.0%	+9.5%	$2.08B	$1.43B	$1.41B	$1.19B	$865M	$300M	$508M	$1.09B	$837M	$2.06B	$578M	$576.96M	$567.7M	$403.74M	$337.83M	$308.66M	$218.14M	-$47.17M	$90.17M
Net Income	+20.9%	—	+7.8%	—	$5.4B	$5.88B	$4.29B	$3.06B	$1.17B	—	—	—	—	—	$2.55B	$2.42B	$1.89B	$1.42B	$1.06B	$527.54M	$489.47M	$182.25M
Net Margin	—	—	—	—	20.08%	24.78%	20.07%	17.89%	10.63%	—	—	—	—	—	27.66%	28.69%	27.86%	27.07%	24.32%	17.1%	20.93%	9.67%
Net Income Attributable to Noncontrolling Interests	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	$601K	—	$3.38M
Net Income Available to Common Stockholders	+20.9%	+146.8%	+7.8%	$7.21B	$5.4B	$5.88B	$4.29B	$3.06B	$1.17B	$59M	$4.87B	$4B	$2.34B	$2.14B	$2.55B	$2.42B	$1.89B	$1.42B	$1.06B	$527.54M	$489.47M	—
Comprehensive Income	+23.2%	+110.8%	+6.0%	$7.16B	$5.49B	$5.83B	$4.23B	$2.94B	$1.14B	$132M	$4.99B	$3.69B	$2.71B	$1.76B	$3.06B	$2.08B	$2B	$1.48B	$1B	$493.89M	$526.87M	—
EPS (Basic) USD/shares	+29.5%	+158.2%	+12.8%	—	$6.66	$7.00	$4.75	$3.07	$1.14	$0.06	$4.52	$3.37	$1.91	$1.73	$2.00	$1.85	$1.49	$1.14	$0.85	$0.44	$0.46	$0.19
EPS (Diluted) USD/shares	+29.4%	+158.3%	+12.8%	—	$6.62	$6.91	$4.70	$3.05	$1.13	$0.06	$4.47	$3.33	$1.87	$1.71	$1.98	$1.83	$1.44	$1.11	$0.83	$0.41	$0.40	$0.15
Shares Outstanding (Basic Avg) shares	-6.6%	-4.6%	-4.4%	—	811.3M	840.55M	903.5M	996.8M	1.03B	1.02B	1.08B	1.19B	1.22B	1.24B	1.27B	1.31B	1.27B	1.25B	1.24B	1.2B	1.06B	982.48M
Shares Outstanding (Diluted Avg) shares	-6.6%	-4.5%	-4.5%	—	815.98M	851.6M	913.25M	1B	1.03B	1.03B	1.09B	1.2B	1.25B	1.25B	1.29B	1.33B	1.31B	1.28B	1.28B	1.27B	1.24B	1.22B

Italic rows are computed from reported lines — open a row's info icon for its formula. Values reflect the latest filing (restatements included); per-share figures on today's split basis. Click a value for its source filing. TTM: trailing twelve months through the latest reported quarter — flows sum the last four quarters, balances take the latest. 3Y/5Y/10Y columns are trailing CAGR from the newest fiscal year; blank where an endpoint is missing or negative.

Capital Returned to Shareholders

Cash spent on share repurchases and dividends per fiscal year, as reported on the cash-flow statement. Across FY2008–FY2025: $53.71B in buybacks, $2.42B in dividends.

Price & Valuation

Multiples computed on the strict TTM/EV methodology — today's snapshot against peers, and each ratio recomputed as of past filing dates.

Valuation

EV/Revenue

5.75×

Peer median 4.01×

EV/EBIT

17.48×

Peer median 17.85×

P/E (TTM)

23.53×

Peer median 19.04×

Peer medians compare against the 5 similar-size Travel Services companies (of 14 listed).

Valuation over time computed as of each quarter's filing date

Revenue Breakdown

Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.

Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.

By Segment (USD)

Component	FY2025	FY2024	FY2023	FY2022	FY2020
Reportable Segment	$26,917,000,000	$23,739,000,000	$21,365,000,000	$17,090,000,000	—
Booking.com	—	—	—	—	-$100,000,000

By Geography (USD)

Component	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Non Us	$24,338,000,000	$21,254,000,000	$19,038,000,000	$14,885,000,000	—	—	—	—
Netherlands	$21,700,000,000	$18,600,000,000	$17,000,000,000	$13,400,000,000	$8,678,000,000	$5,264,000,000	$11,686,000,000	$11,348,000,000
United States	$2,579,000,000	$2,485,000,000	$2,327,000,000	$2,205,000,000	$1,434,000,000	$783,000,000	$1,537,000,000	$1,536,000,000
Other Countries	—	—	$2,024,000,000	$1,457,000,000	$846,000,000	$749,000,000	$1,843,000,000	$1,643,000,000

By Product & Service (USD)

Component	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Merchant Revenue	$17,755,000,000	$14,142,000,000	$10,936,000,000	$7,193,000,000	$3,696,000,000	$2,117,000,000	$3,830,000,000	$2,987,000,000
Agency Revenue	$7,968,000,000	$8,524,000,000	$9,414,000,000	$9,003,000,000	$6,663,000,000	$4,314,000,000	$10,117,000,000	$10,480,000,000
Advertising and Other Revenues	$1,194,000,000	$1,073,000,000	$1,015,000,000	$894,000,000	$599,000,000	$365,000,000	$1,119,000,000	$1,060,000,000

Key facts CIK 1075531 CUSIP 09857L108 13F (30d) 1704 filings 1661 filers Visit website Investor relations