Booking Holdings Inc. (BKNG) Factsheet

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Booking Holdings Inc. (BKNG) Stock Analysis

Analysis from 10-Q filed 2026-08-04. Data as of Q2 2026.

Overall Grade: F (Concerning)

Grade F (Concerning). ROIC 63.0%. FCF margin 33.8%. D/E -1.9x. Source: 10-Q filed 2026-08-04.

Metric Value Context
ROIC 63.0% Above industry average
FCF Margin 33.8% Strong cash generation
Debt/Equity -1.9x Conservative leverage

ROIC 63.0% — Top 5% of sector peers. FCF margin 33.8% — Top 5%.

Explore Booking Holdings Inc.: Earnings History | Filings

Programmatic access: Available via MCP at mcp.metricduck.com. Tools for BKNG: get_company_overview, get_filing_index (lens: debt_stress, management_outlook, risk_trajectory), get_filing_changes, get_metric_history, compare_companies, screen_filing_signals.


Profitability: Booking Holdings Inc. earns 63.0% ROIC, Top 5% in Transportation

ROIC TTM 63.0%, sector median 7.1%, Top 5%. DuPont: NOPAT margin 25.5% × asset turnover 1.0x. Operating margin 32.9%. Source: 10-Q filed 2026-08-04.

Metric BKNG Rating Context
Return on Invested Capital (ROIC) 63.0% Excellent Above sector median of 7.1%
Return on Equity (ROE) -103.9% Red flag Moderate equity returns
Operating Margin 32.9% Excellent Efficient operations

Cash Flow: Booking Holdings Inc. generates $9.5B FCF at 33.8% margin, positive NaN/8 quarters

FCF TTM $9.5B. FCF margin 33.8%, Top 5%. OCF/Net income 1.4x. Positive FCF in NaN/8 trailing quarters. Source: 10-Q filed 2026-08-04.

Metric BKNG Rating Context
Free Cash Flow Margin 33.8% Excellent Excellent cash conversion
Free Cash Flow (TTM) $9.5B Good Positive cash generation
OCF/Net Income 1.4x Excellent High earnings quality
FCF Consistency (8Q) N/A Warning Variable cash flow

Balance Sheet: Booking Holdings Inc. at -1.9x leverage, 8.4x interest coverage

Debt/Equity -1.9x. Total debt $20.2B, cash & investments $17.2B. Interest coverage 8.4x. Source: 10-Q filed 2026-08-04.

Metric BKNG Rating Context
Debt to Equity -1.9x Excellent Conservative capital structure
Net Cash Position $-3.0B Warning Net debt position
Interest Coverage 8.4x Good Comfortable debt service

Valuation: Booking Holdings Inc. trades at 9.1x earnings

P/E 9.1x. EV/Sales 4.4x. FCF yield 7.8%. Dividend yield 2.0%. Source: 10-Q filed 2026-08-04.

Metric BKNG Rating Context
P/E Ratio 9.1x Adequate Reasonable valuation
EV/Sales 4.4x Good Growth premium priced in
FCF Yield 7.8% Good Attractive cash return
Dividend Yield 2.0% Adequate Growth focus over income

Capital Allocation: Booking Holdings Inc. returns 9.7% shareholder yield

Total shareholder yield 9.7% (div 2.0% + buyback 8.6%). Share count +2218.4% YoY. Capital returned $11.8B TTM. Source: 10-Q filed 2026-08-04.

Metric BKNG Rating Context
Total Shareholder Yield 9.7% Excellent Dividend + buyback yield combined
Buyback Yield 8.6% Good Active share repurchases
Share Count Change (YoY) 2218.4% Warning Net dilution from issuance/SBC
Total Capital Returned (TTM) $11.8B Good Dividends + buybacks returned to shareholders

Sector Rankings

Metric Value Percentile vs Median
Return on Invested Capital (ROIC) 63.0% Top 5% 8.9x above
Free Cash Flow Margin 33.8% Top 5% 8.3x above
Operating Margin 32.9% Top 5% 4.7x above
Return on Equity (ROE) -103.9% Bottom 10% -9.9x below
P/E Ratio 9.1x N/A -

Financial Scorecard

Metric BKNG Rating Sector Context
Return on Invested Capital (ROIC) 63.0% Excellent Top 5% of sector (median: 7.1%)
Free Cash Flow Margin 33.8% Excellent Top 5% of sector (median: 4.1%)
Debt to Equity Ratio -187.1% Excellent Conservative capital structure
P/E Ratio (Price-to-Earnings) 906.4% Adequate Attractively valued
Free Cash Flow Yield 7.8% Good Solid cash yield

Frequently Asked Questions

Q: What is Booking Holdings Inc.'s Return on Invested Capital (ROIC)?

Booking Holdings Inc. (BKNG) has a trailing twelve-month Return on Invested Capital (ROIC) of 63.0%. The 8-quarter median ROIC is 58.1% with a declining trend. Sector median 7.1%. Source: 10-Q filed 2026-08-04.

Q: What is Booking Holdings Inc.'s Free Cash Flow Margin?

Booking Holdings Inc. (BKNG) has a free cash flow margin of 33.8%, generating $9.5 billion in free cash flow over the trailing twelve months. Source: 10-Q filed 2026-08-04.

Q: What is Booking Holdings Inc.'s P/E ratio and how does it compare to peers?

Booking Holdings Inc. (BKNG) trades at a P/E ratio of 9.1x, which is above the sector median of N/A. EV/Sales 4.4x. FCF yield 7.8%. Source: 10-Q filed 2026-08-04.

Q: Does Booking Holdings Inc. pay a dividend?

Booking Holdings Inc. (BKNG) currently pays a dividend yield of 2.0%. Total shareholder yield (dividend + buybacks) 9.7%. Source: 10-Q filed 2026-08-04.

Q: What is Booking Holdings Inc.'s revenue and earnings growth?

Booking Holdings Inc. (BKNG) grew revenue by 12.9% year-over-year. EPS +57.2% YoY. Source: 10-Q filed 2026-08-04.

Q: Is Booking Holdings Inc. buying back stock?

Booking Holdings Inc. (BKNG) repurchased $10.5 billion of stock over the trailing twelve months. This represents a buyback yield of 8.6%. Share count +2218.4% YoY. Source: 10-Q filed 2026-08-04.

Q: How does Booking Holdings Inc. compare to competitors in Transportation?

Compared to other companies in Transportation, Booking Holdings Inc. (BKNG) shows: ROIC 63.0%, sector median 7.1% (Top 5%). FCF margin 33.8%, sector median 4.1% (Top 5%). These rankings are based on MetricDuck's analysis of all Transportation companies with available SEC filings.

Q: What warning signs should I watch for with Booking Holdings Inc.?

No quantitative warning flags fired for Booking Holdings Inc. (BKNG) on margin trend, FCF trend, ROIC trend, or leverage thresholds. Source: 10-Q filed 2026-08-04.


Data Source: Data sourced from 10-Q filed 2026-08-04. TTM metrics as of Q2 2026.

Methodology: Financial metrics calculated from SEC 10-K and 10-Q filings using standardized formulas. Sector comparisons use peer group based on SIC code.

Scope: This analysis covers SEC filing fundamentals — profitability, cash flow, balance sheet, and valuation metrics. For analyst estimates and price targets, consult sell-side research.

This analysis is for informational purposes only and does not constitute investment advice.