Dashboard|BKNG – Overview

BKNG

Booking Holdings Inc.

Transportation • CIK: 0001075531

Market Cap

—

P/E (TTM)

—

Rev Growth (TTM)

—

Net Margin (TTM)

—

FCF Yield (TTM)

—

FCF Margin (TTM)

0.0%

LATEST EARNINGS

•

Q4 FY2025

•

15 days ago

•View source

Revenue

$6.35B

+16.1%

Net Income

$1.43B

+34.0%

EPS

$44.22

+38.4%

Operating

32.0%↑ +0.4%

Net

22.5%↑ +3.0%

•Revenue grew 16% year-over-year to $6.3 billion in Q4 2025, and 13% for the full year to $26.9 billion.
•Room nights grew 9% in Q4 2025 and 8% for the full year 2025, indicating strong demand.
•Adjusted EBITDA margin expanded to 36.9% for the full year 2025, up from 35.0% in 2024.
•The company approved a 25-to-1 stock split, to be effected on April 2, 2026.

View Full Earnings →

Cash Flow Health

Free Cash Flow8/8 positive

TTM$–

Q4 '25

$1.4B+3%

Q3 '25

$1.4B-56%

FCF Margin

TTM0.0%

Q4 '2522.3%+47%

Sector: 4.3%Below Avg

OCF Margin–

OCF/NI–

CapEx Coverage–

FCF Yield–

FCF Growth (2Y)–

Cash Conversion Cycle

–

View Insights from Latest Filing →View Full Cash Flow Statement →

Capital Allocation & Returns

Total Shareholder YieldFY

FY0.0%

Div Yield0.0%

Buyback (FY)3.7%

Insufficient data

Dividend & Payout Metrics

Dividend Yield (TTM)0.0%

Stock Repurchases (FY)$6.4B

Shows how management rewards shareholders

Operational Efficiency & Returns

Return on Invested CapitalTTM

–

P25MedianP75

(med: 0.1%)

DuPont BreakdownROIC = Margin × Turn × (1+D/E)

NOPAT Margin

–

Asset Turnover

0.00x

8Q: 0.35x

Leverage (1+D/E)

-2.36x

D/E: -3.36x

Asset & CapEx Efficiency

Asset-based ROIC formula

Full Analysis

QUARTERLY TRENDS

Last 8 quarters + TTM

Metric	TTM	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024
Revenue	N/A	$6.3B↓29.5%	$9.0B↑32.5%	$6.8B↑42.8%	$4.8B↓13.0%	$5.5B↓31.6%	$8.0B↑36.4%	$5.9B↑32.7%	$4.4B
Operating Income	$0	$0↓100.0%	$2.0B	$0↓100.0%	$3.5B	$0↓100.0%	$2.3B	$0↓100.0%	$1.1B
Net Income	N/A	$1.4B↓48.0%	$2.7B↑207.0%	$895.0M↑168.8%	$333.0M↓68.8%	$1.1B↓57.6%	$2.5B↑65.5%	$1.5B↑96.0%	$776.0M
Operating Cash Flow	N/A	$1.5B↑3.8%	$1.4B↓55.2%	$3.2B↓2.5%	$3.3B↑355.3%	$721.0M↓69.6%	$2.4B↓6.0%	$2.5B↓6.6%	$2.7B
Free Cash Flow	N/A	$1.4B↑3.4%	$1.4B↓56.3%	$3.1B↓0.8%	$3.2B↑390.2%	$645.0M↓71.9%	$2.3B↓3.5%	$2.4B↓7.6%	$2.6B
Total Equity	N/A

Income Statement Cash Flow Statement Balance Sheet

Valuation Analysis

Price-to-EarningsTTM

–

Valuation Lenses

Earnings

–

vs – sector

Cash Flow

0.0x

EV/FCF vs –

Growth-Adj

–PEG

N/A

Quality-Adj

–P/E per %ROIC

ROIC: –

Shareholder Returns

Dividend

–

Buyback

–

Total Yield

–

Market Cap$0

EV$0

Multi-angle valuation analysis with sector context

Business Quality & Moat

Overall Quality Score

–/100

Unknown

Composite score: Returns (40%) + Consistency (30%) + Earnings Quality (30%)

Returns on Capital

Return on Equity (ROE)

–

8Q:–

Return on Invested Capital (ROIC)

–

8Q:–

vs Sector:0.1%

Earnings Quality

Cash Conversion

–

OCF / Net Income

FCF Consistency

–

Positive quarters

Competitive Moat Indicators

Pricing Power

Gross Margin–

Capital Efficiency

Invested Capital Turnover–

Working Capital

Cash Conversion Cycle–

Growth Quality & Momentum

Growth Rates

Revenue Growth YoY

N/A

OpInc Growth YoY

N/A

EPS Growth YoY

N/A

FCF 3Y CAGR

N/A

Margin Quality & Sustainability

Moderate

Profitability Cascade

Gross

—

Operating

—

Net

—

Margins Unknown

Earnings Quality Signals

SBC / Revenue

—

FCF vs Net Gap

—

FCF: 0.0% | Net: —

Quality = stability + cash conversion + low dilution

Balance Sheet & Solvency

Solid

Net Debt / EBITDA

–Net Debt: $1.47B

Interest Coverage

–

Leverage Metrics

Debt-to-Equity

-3.36x

Balance sheet risk & solvency analysis