Booking (BKNG) Financials

$5,310.68 -67.32 (-1.25%)

As of 05/20/2025 04:00 PM Eastern

Annual Income Statements for Booking

This table shows Booking's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Net Income / (Loss) Attributable to Common Shareholders	5,882	4,289	3,058	1,165	59	4,865	3,998	2,341	2,135	2,551
Consolidated Net Income / (Loss)	5,882	4,289	3,058	1,165	59	4,865	3,998	2,341	2,135	2,551
Net Income / (Loss) Continuing Operations	5,882	4,289	3,058	1,165	59	4,865	3,998	2,341	2,135	2,551
Total Pre-Tax Income	7,292	5,481	3,923	1,465	567	5,958	4,835	4,399	2,713	3,128
Total Operating Income	7,555	5,835	5,102	2,496	-631	5,345	5,341	4,538	2,906	3,259
Total Gross Profit	23,739	21,365	14,625	10,958	4,852	12,818	12,485	12,439	10,328	8,592
Total Revenue	23,739	21,365	17,090	10,958	6,796	15,066	14,527	12,681	10,743	9,224
Operating Revenue	23,739	21,365	17,090	10,958	6,796	15,066	14,527	12,681	10,743	8,611
Total Cost of Revenue	0.00	0.00	2,465	0.00	1,944	2,248	2,042	242	415	632
Total Operating Expenses	16,184	15,530	9,523	8,462	5,483	7,473	7,144	7,901	7,422	5,333
Selling, General & Admin Expense	5,161	5,504	1,292	3,248	880	1,082	932	765	1,944	1,695
Marketing Expense	7,278	6,773	5,993	3,801	2,179	4,967	4,956	435	3,806	3,365
Depreciation Expense	591	504	451	421	458	469	426	363	309	272
Other Operating Expenses / (Income)	3,120	2,744	1,787	979	755	955	830	6,338	422	-
Total Other Income / (Expense), net	-263	-354	-1,179	-1,031	1,198	613	-506	-139	-193	-131
Interest Expense	1,295	897	391	334	356	266	269	254	208	160
Interest & Investment Income	1,114	1,020	219	-	-	-	-	157	95	56
Other Income / (Expense), net	-82	-477	-1,007	-697	1,554	879	-237	-42	-80	-26
Income Tax Expense	1,410	1,192	865	300	508	1,093	837	2,058	578	577
Basic Earnings per Share	$174.96	$118.67	$76.70	$28.39	$1.45	$112.93	$84.26	$47.78	$43.14	$50.09
Weighted Average Basic Shares Outstanding	33.62M	36.14M	39.87M	41.04M	40.97M	43.08M	47.45M	48.99M	49.49M	50.94M
Diluted Earnings per Share	$172.69	$117.40	$76.35	$28.17	$1.44	$111.82	$83.26	$46.86	$42.65	$49.45
Weighted Average Diluted Shares Outstanding	34.06M	36.53M	40.05M	41.36M	41.16M	43.51M	48.02M	49.95M	50.06M	51.59M
Weighted Average Basic & Diluted Shares Outstanding	32.82M	34.17M	37.65M	40.89M	40.96M	41.06M	45.01M	49M	49.50M	50.90M
Cash Dividends to Common per Share	$8.75	-	-	-	-	-	-	-	-	-

This table shows Booking's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Income / (Loss) Attributable to Common Shareholders	333	1,068	2,517	1,521	776	222	2,511	1,290	266	1,235	1,666
Consolidated Net Income / (Loss)	333	1,068	2,517	1,521	776	222	2,511	1,290	266	1,235	1,666
Net Income / (Loss) Continuing Operations	333	1,068	2,517	1,521	776	222	2,511	1,290	266	1,235	1,666
Total Pre-Tax Income	396	1,564	2,869	1,922	937	411	3,149	1,618	303	1,452	2,176
Total Operating Income	1,062	1,729	3,179	1,856	791	609	3,103	1,673	450	1,345	2,583
Total Gross Profit	4,762	7,104	7,994	5,052	3,589	6,258	7,341	4,710	3,056	2,180	6,052
Total Revenue	4,762	5,471	7,994	5,859	4,415	4,784	7,341	5,462	3,778	4,049	6,052
Operating Revenue	4,762	5,471	7,994	5,859	4,415	4,784	7,341	5,462	3,778	4,049	6,052
Total Cost of Revenue	0.00	-1,633	0.00	807	826	-1,474	0.00	752	722	1,869	0.00
Total Operating Expenses	3,700	5,375	4,815	3,196	2,798	5,649	4,238	3,037	2,606	835	3,469
Selling, General & Admin Expense	1,035	2,856	1,637	295	373	3,427	1,280	398	399	-1,006	1,027
Marketing Expense	1,777	1,578	2,151	1,939	1,610	1,433	2,022	1,801	1,517	1,314	1,795
Depreciation Expense	154	157	155	142	137	134	129	121	120	124	109
Other Operating Expenses / (Income)	702	750	872	820	678	650	807	717	570	443	540
Total Other Income / (Expense), net	-666	-165	-310	66	146	-198	46	-55	-147	107	-407
Interest Expense	649	507	305	264	219	208	254	241	194	145	102
Interest & Investment Income	241	251	327	293	243	237	289	266	228	-	-
Other Income / (Expense), net	-258	91	-332	37	122	-227	11	-80	-181	33	-305
Income Tax Expense	63	496	352	401	161	189	638	328	37	217	510
Basic Earnings per Share	$10.14	$31.96	$75.37	$44.94	$22.69	$5.82	$70.62	$35.16	$7.07	$30.55	$42.10
Weighted Average Basic Shares Outstanding	32.85M	33.62M	33.40M	33.84M	34.21M	36.14M	35.57M	36.68M	37.62M	39.87M	39.56M
Diluted Earnings per Share	$10.07	$31.60	$74.34	$44.38	$22.37	$5.71	$69.80	$34.89	$7.00	$30.40	$41.98
Weighted Average Diluted Shares Outstanding	33.09M	34.06M	33.86M	34.27M	34.71M	36.53M	35.99M	36.96M	37.98M	40.05M	39.67M
Weighted Average Basic & Diluted Shares Outstanding	32.54M	32.82M	33.10M	33.52M	33.93M	34.17M	34.89M	35.69M	36.93M	37.65M	38.79M
Cash Dividends to Common per Share	$9.60	-	-	-	-	-	-	-	-	-	-

This table details how cash moves in and out of Booking's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Net Change in Cash & Equivalents	4,058	-116	1,099	570	4,250	3,687	82	381	604	-1,671
Net Cash From Operating Activities	8,323	7,344	6,554	2,820	85	4,865	5,338	4,662	3,984	3,204
Net Cash From Continuing Operating Activities	8,323	7,344	6,554	2,820	85	4,865	5,338	4,662	3,984	3,204
Net Income / (Loss) Continuing Operations	5,882	4,289	3,058	1,165	59	4,865	3,998	2,341	2,135	2,551
Consolidated Net Income / (Loss)	5,882	4,289	3,058	1,165	59	4,865	3,998	2,341	2,135	2,551
Depreciation Expense	591	504	451	421	458	469	426	363	140	102
Amortization Expense	160	161	156	178	184	230	59	79	246	245
Non-Cash Adjustments To Reconcile Net Income	1,225	1,159	1,351	1,232	191	-280	880	333	1,361	375
Changes in Operating Assets and Liabilities, net	465	1,231	1,538	-176	-807	-419	-25	1,546	102	-70
Net Cash From Investing Activities	129	1,486	-518	-998	2,637	7,050	2,215	-4,202	-3,333	-3,895
Net Cash From Continuing Investing Activities	129	1,486	-518	-998	2,637	7,050	2,215	-4,202	-3,333	-3,895
Purchase of Property, Plant & Equipment	-429	-345	-368	-304	-286	-368	-442	-288	-220	-174
Purchase of Investments	-33	-12	-768	-17	-74	-672	-2,686	-6,941	-6,748	-9,118
Sale and/or Maturity of Investments	590	1,840	32	508	2,997	8,099	5,616	3,580	3,684	5,538
Other Investing Activities, net	1.00	3.00	586	0.00	0.00	-	-	-	-	-
Net Cash From Financing Activities	-4,204	-8,909	-4,897	-1,239	1,528	-8,220	-7,431	-79	-1.00	-831
Net Cash From Continuing Financing Activities	-4,204	-8,909	-4,897	-1,239	1,528	-8,220	-7,431	-79	-1.00	-831
Repayment of Debt	-1,371	-559	-1,904	-3,096	-1,277	-433	-1,487	-296	0.00	-387
Repurchase of Common Equity	-6,509	-10,377	-6,621	-163	-1,303	-8,187	-5,971	-1,828	-1,012	-3,089
Payment of Dividends	-1,174	0.00	0.00	-	-	-	-	-	-	-
Issuance of Debt	4,836	1,893	3,621	2,015	4,108	400	27	2,045	995	2,624
Other Financing Activities, net	14	134	7.00	5.00	-	-	-	-	16	21
Effect of Exchange Rate Changes	-190	-37	-40	-13	-	-8.00	-40	-	-46	-

This table details how cash moves in and out of Booking's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Change in Cash & Equivalents	-580	385	-521	665	3,529	-1,191	-1,304	458	1,921	3,205	-2,821
Net Cash From Operating Activities	3,283	721	2,373	2,525	2,704	1,346	1,372	1,737	2,889	2,173	2.00
Net Cash From Continuing Operating Activities	3,283	721	2,373	2,525	2,704	1,346	1,372	1,737	2,889	2,173	2.00
Net Income / (Loss) Continuing Operations	333	1,068	2,517	1,521	776	222	2,511	1,290	266	1,235	1,666
Consolidated Net Income / (Loss)	333	1,068	2,517	1,521	776	222	2,511	1,290	266	1,235	1,666
Depreciation Expense	154	157	155	142	137	134	129	121	120	124	109
Amortization Expense	422	46	35	39	40	41	40	39	41	39	36
Non-Cash Adjustments To Reconcile Net Income	467	420	559	164	82	414	168	251	326	-242	501
Changes in Operating Assets and Liabilities, net	1,907	-970	-893	659	1,669	535	-1,476	36	2,136	1,017	-2,310
Net Cash From Investing Activities	-118	-75	-2.00	137	69	-39	-22	-39	1,586	510	-785
Net Cash From Continuing Investing Activities	-118	-75	-2.00	137	69	-39	-22	-39	1,586	510	-785
Purchase of Property, Plant & Equipment	-121	-76	-77	-146	-130	-94	-71	-92	-88	-75	-98
Sale and/or Maturity of Investments	0.00	-	75	297	218	55	48	54	1,683	2.00	30
Other Investing Activities, net	3.00	34	-	-14	-19	12	1.00	-1.00	-9.00	600	22
Net Cash From Financing Activities	-3,967	143	-3,165	-1,966	784	-2,490	-2,632	-1,225	-2,562	479	-1,999
Net Cash From Continuing Financing Activities	-3,967	143	-3,165	-1,966	784	-2,490	-2,632	-1,225	-2,562	479	-1,999
Repayment of Debt	-1,478	-221	-1,112	-12	-26	-14	-5.00	-23	-517	-799	-11
Repurchase of Common Equity	-2,170	-1,227	-1,764	-1,662	-1,856	-2,488	-2,640	-3,099	-2,150	-2,343	-1,990
Payment of Dividends	-319	-289	-291	-295	-299	-	-	-	0.00	-	-
Issuance of Debt	0.00	1,877	-	-	2,959	-	-	1,893	0.00	3,621	-
Effect of Exchange Rate Changes	222	-404	273	-31	-28	-8.00	-22	-15	8.00	43	-39

This table presents Booking's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Total Assets	27,708	24,342	25,361	23,641	21,874	21,402	22,687	25,451	19,839	17,421
Total Current Assets	20,491	17,034	15,798	13,145	12,206	9,833	8,407	9,035	5,402	3,553
Cash & Equivalents	16,164	12,107	12,221	11,127	10,562	6,312	2,624	2,542	2,081	1,477
Short-Term Investments	0.00	576	175	25	501	998	3,660	4,860	2,219	1,171
Accounts Receivable	3,199	3,253	2,229	1,358	529	1,680	1,523	1,218	860	645
Prepaid Expenses	587	644	477	404	337	479	600	415	241	260
Other Current Assets	541	454	696	231	277	364	-	-	-	-
Plant, Property, & Equipment, net	832	784	669	822	756	738	656	480	347	275
Total Noncurrent Assets	6,385	6,524	8,894	9,674	8,912	10,831	13,624	15,936	14,090	13,593
Long-Term Investments	536	440	2,789	3,175	3,759	4,477	8,408	10,873	9,591	7,931
Goodwill	2,799	2,826	2,807	2,887	1,895	2,913	2,910	2,738	2,397	3,375
Intangible Assets	1,382	1,613	1,829	2,057	1,812	1,954	2,125	2,177	1,994	2,168
Other Noncurrent Operating Assets	1,668	1,645	1,469	1,555	1,446	1,487	181	148	109	119
Total Liabilities & Shareholders' Equity	27,708	24,342	25,361	23,641	21,874	21,402	22,687	25,451	19,839	17,421
Total Liabilities	31,728	27,086	22,579	17,463	16,981	15,469	13,902	14,187	9,990	8,625
Total Current Liabilities	15,647	13,330	8,474	6,246	3,425	5,366	3,555	3,498	2,859	1,439
Short-Term Debt	1,745	1,961	500	1,989	985	988	0.00	711	968	0.00
Accounts Payable	3,824	3,374	2,507	1,586	735	1,239	1,134	668	419	323
Accrued Expenses	6,047	4,741	3,244	1,765	1,382	1,578	1,399	1,139	857	682
Current Deferred Revenue	4,031	3,254	2,223	906	323	1,561	1,022	980	614	435
Total Noncurrent Liabilities	16,081	13,756	14,105	11,217	13,556	10,103	10,347	10,689	7,132	7,186
Long-Term Debt	14,853	12,223	11,985	8,937	11,029	7,640	8,649	8,810	6,171	6,158
Capital Lease Obligations	483	599	552	351	366	-	0.00	-	-	-
Noncurrent Deferred & Payable Income Tax Liabilities	546	773	1,396	1,730	2,050	1,897	1,536	1,732	822	893
Other Noncurrent Operating Liabilities	199	161	172	199	111	566	162	147	139	135
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	-4,020	-2,744	2,782	6,178	4,893	5,933	8,785	11,261	9,820	8,795
Total Preferred & Common Equity	-4,020	-2,744	2,782	6,178	4,893	5,933	8,785	11,261	9,820	8,795
Total Common Equity	-4,020	-2,744	2,782	6,178	4,893	5,933	8,785	11,261	9,820	8,795
Common Stock	7,707	7,175	6,491	6,159	5,851	5,756	5,445	5,783	5,483	5,185
Retained Earnings	36,525	31,830	27,541	24,453	23,288	23,232	18,367	13,939	11,327	9,192
Treasury Stock	-47,877	-41,426	-30,983	-24,290	-24,128	-22,864	-14,711	-8,699	-6,855	-5,827
Accumulated Other Comprehensive Income / (Loss)	-375	-323	-267	-144	-118	-191	-316	238	-135	245

This table presents Booking's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Total Assets	27,191	27,708	27,978	28,541	27,728	24,342	25,635	26,558	25,206	25,361	22,063
Total Current Assets	19,950	20,491	20,529	21,293	20,476	17,034	18,479	19,349	17,632	15,798	12,410
Cash & Equivalents	15,578	16,164	15,775	16,290	15,629	12,107	13,294	14,602	14,140	12,221	9,021
Accounts Receivable	3,290	3,199	3,649	3,814	3,296	3,253	3,447	2,805	2,048	2,229	2,284
Prepaid Expenses	530	587	490	670	737	644	680	849	655	477	612
Other Current Assets	552	541	615	482	452	454	434	453	430	696	377
Plant, Property, & Equipment, net	857	832	882	875	805	784	733	732	699	669	879
Total Noncurrent Assets	6,384	6,385	6,567	6,373	6,447	6,524	6,423	6,477	6,875	8,894	8,774
Long-Term Investments	538	536	500	468	443	440	420	440	806	2,789	2,650
Goodwill	2,816	2,799	2,838	2,814	2,815	2,826	2,804	2,821	2,816	2,807	2,808
Intangible Assets	1,333	1,382	1,450	1,498	1,553	1,613	1,660	1,722	1,777	1,829	1,855
Other Noncurrent Operating Assets	1,697	1,668	1,779	1,593	1,636	1,645	1,539	1,494	1,476	1,469	1,461
Total Liabilities & Shareholders' Equity	27,191	27,708	27,978	28,541	27,728	24,342	25,635	26,558	25,206	25,361	22,063
Total Liabilities	33,303	31,728	31,631	32,817	31,780	27,086	26,260	27,223	24,132	22,579	18,393
Total Current Liabilities	16,394	15,647	16,678	18,206	16,832	13,330	12,832	12,481	11,070	8,474	8,543
Short-Term Debt	655	1,745	2,419	3,447	3,462	1,961	1,913	855	854	500	1,234
Accounts Payable	3,292	3,824	4,065	3,928	3,268	3,374	3,020	2,123	2,132	2,507	2,131
Accrued Expenses	5,576	6,047	5,287	3,900	4,774	4,741	4,182	3,463	3,584	3,244	2,925
Current Deferred Revenue	6,871	4,031	4,907	6,931	5,328	3,254	3,717	6,040	4,500	2,223	2,253
Total Noncurrent Liabilities	16,909	16,081	14,953	14,611	14,948	13,756	13,428	14,742	13,062	14,105	9,850
Long-Term Debt	15,369	14,853	13,793	13,361	13,438	12,223	11,856	13,198	11,272	11,985	7,950
Capital Lease Obligations	476	483	508	529	556	599	547	533	539	552	286
Noncurrent Deferred & Payable Income Tax Liabilities	411	546	448	521	802	773	865	854	1,079	1,396	1,434
Other Noncurrent Operating Liabilities	653	199	204	200	152	161	160	157	172	172	180
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	-6,112	-4,020	-3,653	-4,276	-4,052	-2,744	-625	-665	1,074	2,782	3,670
Total Preferred & Common Equity	-6,112	-4,020	-3,653	-4,276	-4,052	-2,744	-625	-665	1,074	2,782	3,670
Total Common Equity	-6,112	-4,020	-3,653	-4,276	-4,052	-2,744	-625	-665	1,074	2,782	3,670
Common Stock	7,867	7,707	7,635	7,479	7,330	7,175	6,996	6,848	6,712	6,491	6,385
Retained Earnings	36,539	36,525	35,749	33,527	32,304	31,830	31,608	29,097	27,807	27,541	26,306
Treasury Stock	-50,131	-47,877	-46,734	-44,958	-43,330	-41,426	-38,944	-36,319	-33,178	-30,983	-28,630
Accumulated Other Comprehensive Income / (Loss)	-387	-375	-303	-324	-356	-323	-285	-291	-267	-267	-391

This table displays calculated financial ratios and metrics derived from Booking's official financial filings.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	11.11%	25.01%	55.96%	61.24%	-54.89%	3.71%	14.56%	18.04%	16.47%	9.26%
EBITDA Growth	36.54%	28.09%	96.08%	53.23%	-77.39%	23.87%	13.18%	53.74%	-10.27%	10.20%
EBIT Growth	39.47%	30.84%	127.63%	94.91%	-85.17%	21.94%	13.52%	59.09%	-12.58%	5.51%
NOPAT Growth	33.47%	14.81%	100.37%	3,122.98%	-101.50%	-1.18%	82.88%	5.60%	-13.96%	6.75%
Net Income Growth	37.14%	40.26%	162.49%	1,874.58%	-98.79%	21.69%	70.78%	9.65%	-16.32%	5.35%
EPS Growth	47.10%	53.77%	171.03%	1,856.25%	-98.71%	34.30%	77.68%	9.87%	-13.75%	8.28%
Operating Cash Flow Growth	13.33%	12.05%	132.41%	3,217.65%	-98.25%	-8.86%	14.50%	17.02%	24.36%	21.27%
Free Cash Flow Firm Growth	37.64%	-2.89%	394.78%	408.23%	-94.06%	3.54%	39.44%	-15.82%	33.79%	1,586.13%
Invested Capital Growth	-235.70%	-270.98%	-79.73%	27.62%	-11.64%	1.17%	9.24%	-18.93%	-29.22%	-0.15%
Revenue Q/Q Growth	2.98%	3.56%	6.67%	18.91%	-23.61%	0.84%	2.90%	3.72%	3.35%	1.76%
EBITDA Q/Q Growth	5.73%	-16.65%	12.14%	31.61%	-45.68%	13.25%	-2.12%	4.11%	5.07%	5.08%
EBIT Q/Q Growth	5.92%	-18.48%	13.50%	43.81%	-57.56%	13.83%	-2.42%	4.10%	5.40%	2.22%
NOPAT Q/Q Growth	15.45%	-14.52%	16.30%	210.72%	-111.81%	-2.20%	56.69%	-34.25%	7.69%	2.48%
Net Income Q/Q Growth	16.80%	-19.11%	25.28%	204.97%	-95.77%	12.10%	42.95%	-34.43%	8.63%	2.10%
EPS Q/Q Growth	17.64%	-17.38%	25.29%	207.20%	-95.56%	13.41%	42.52%	-34.35%	9.53%	2.57%
Operating Cash Flow Q/Q Growth	-6.98%	-10.12%	40.64%	43.58%	-95.11%	-0.14%	-1.65%	1.67%	2.96%	18.49%
Free Cash Flow Firm Q/Q Growth	10.32%	-14.41%	102.36%	-3.82%	-86.14%	16.47%	-8.11%	0.12%	10.69%	7.33%
Invested Capital Q/Q Growth	-13.44%	-67.54%	-53.14%	176.57%	32.34%	-12.02%	13.76%	-39.45%	-10.77%	-4.22%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	100.00%	100.00%	85.58%	100.00%	71.39%	85.08%	85.94%	98.09%	96.14%	93.15%
EBITDA Margin	34.64%	28.19%	27.51%	21.88%	23.03%	45.95%	38.47%	38.94%	29.90%	38.81%
Operating Margin	31.83%	27.31%	29.85%	22.78%	-9.28%	35.48%	36.77%	35.79%	27.05%	35.33%
EBIT Margin	31.48%	25.08%	23.96%	16.42%	13.58%	41.31%	35.13%	35.45%	26.31%	35.05%
Profit (Net Income) Margin	24.78%	20.07%	17.89%	10.63%	0.87%	32.29%	27.52%	18.46%	19.87%	27.66%
Tax Burden Percent	80.66%	78.25%	77.95%	79.52%	10.41%	81.65%	82.69%	53.22%	78.70%	81.56%
Interest Burden Percent	97.58%	102.30%	95.80%	81.43%	61.43%	95.73%	94.73%	97.84%	96.00%	96.77%
Effective Tax Rate	19.34%	21.75%	22.05%	20.48%	89.59%	18.35%	17.31%	46.78%	21.30%	18.44%
Return on Invested Capital (ROIC)	0.00%	0.00%	211.43%	71.16%	-2.51%	158.25%	168.18%	86.16%	61.23%	60.72%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	0.00%	246.79%	101.01%	-6.96%	147.37%	173.84%	87.11%	63.95%	63.19%
Return on Net Nonoperating Assets (RNNOA)	0.00%	0.00%	-143.17%	-50.11%	3.60%	-92.14%	-128.30%	-63.98%	-38.33%	-31.33%
Return on Equity (ROE)	-173.92%	22,573.68%	68.26%	21.05%	1.09%	66.11%	39.88%	22.18%	22.90%	29.39%
Cash Return on Invested Capital (CROIC)	0.00%	0.00%	344.02%	46.89%	9.85%	157.09%	159.35%	107.06%	95.45%	60.87%
Operating Return on Assets (OROA)	28.71%	21.56%	16.71%	7.91%	4.27%	28.23%	21.21%	19.85%	15.17%	20.08%
Return on Assets (ROA)	22.60%	17.26%	12.48%	5.12%	0.27%	22.07%	16.61%	10.34%	11.46%	15.85%
Return on Common Equity (ROCE)	-173.92%	22,573.68%	68.26%	21.05%	1.09%	66.11%	39.88%	22.14%	22.87%	29.39%
Return on Equity Simple (ROE_SIMPLE)	-146.32%	-156.30%	109.92%	18.86%	1.21%	82.00%	45.51%	20.79%	21.74%	29.01%
Net Operating Profit after Tax (NOPAT)	6,094	4,566	3,977	1,985	-66	4,364	4,416	2,415	2,287	2,658
NOPAT Margin	25.67%	21.37%	23.27%	18.11%	-0.97%	28.97%	30.40%	19.04%	21.29%	28.81%
Net Nonoperating Expense Percent (NNEP)	20.79%	-113.53%	-35.36%	-29.86%	4.45%	10.88%	-5.66%	-0.95%	-2.72%	-2.47%
Return On Investment Capital (ROIC_SIMPLE)	46.66%	37.93%	25.14%	-	-	-	-	-	-	-
Cost of Revenue to Revenue	0.00%	0.00%	14.42%	0.00%	28.61%	14.92%	14.06%	1.91%	3.86%	6.85%
SG&A Expenses to Revenue	21.74%	25.76%	7.56%	29.64%	12.95%	7.18%	6.42%	6.03%	18.10%	18.38%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	68.17%	72.69%	55.72%	77.22%	80.68%	49.60%	49.18%	62.31%	69.09%	57.82%
Earnings before Interest and Taxes (EBIT)	7,473	5,358	4,095	1,799	923	6,224	5,104	4,496	2,826	3,233
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	8,224	6,023	4,702	2,398	1,565	6,923	5,589	4,938	3,212	3,580
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.00	0.00	27.85	15.87	18.55	14.42	9.04	7.49	7.33	7.48
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	79.45	76.54	80.25	21.18	13.29	13.26	20.22
Price to Revenue (P/Rev)	6.93	5.74	4.53	8.95	13.36	5.68	5.47	6.65	6.70	7.13
Price to Earnings (P/E)	27.96	28.60	25.34	84.16	1,538.57	17.58	19.86	36.03	33.72	25.78
Dividend Yield	0.70%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	3.58%	3.50%	3.95%	1.19%	0.07%	5.69%	5.03%	2.78%	2.97%	3.88%
Enterprise Value to Invested Capital (EV/IC)	0.00	0.00	118.83	30.37	36.04	29.70	26.76	30.11	21.08	14.03
Enterprise Value to Revenue (EV/Rev)	6.94	5.82	4.41	8.67	13.00	5.47	5.05	5.96	6.08	6.65
Enterprise Value to EBITDA (EV/EBITDA)	20.04	20.64	16.02	39.61	56.44	11.90	13.13	15.31	20.32	17.14
Enterprise Value to EBIT (EV/EBIT)	22.06	23.21	18.40	52.80	95.70	13.24	14.37	16.81	23.10	18.98
Enterprise Value to NOPAT (EV/NOPAT)	27.05	27.23	18.94	47.86	0.00	18.88	16.61	31.30	28.54	23.08
Enterprise Value to Operating Cash Flow (EV/OCF)	19.80	16.93	11.49	33.69	1,039.22	16.93	13.74	16.21	16.38	19.15
Enterprise Value to Free Cash Flow (EV/FCFF)	19.06	19.79	11.64	72.63	343.26	19.02	17.53	25.19	18.31	23.02
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	-4.25	-5.39	4.69	1.83	2.53	1.45	0.98	0.85	0.72	0.70
Long-Term Debt to Equity	-3.81	-4.67	4.51	1.50	2.33	1.29	0.98	0.78	0.63	0.70
Financial Leverage	-0.30	-12.84	-0.58	-0.50	-0.52	-0.63	-0.74	-0.73	-0.60	-0.50
Leverage Ratio	-7.70	1,307.97	5.47	4.11	4.00	3.00	2.40	2.15	2.00	1.85
Compound Leverage Factor	-7.51	1,338.00	5.24	3.35	2.46	2.87	2.27	2.10	1.92	1.79
Debt to Total Capital	130.78%	122.79%	82.41%	64.61%	71.67%	59.25%	49.61%	45.81%	42.02%	41.18%
Short-Term Debt to Total Capital	13.36%	16.29%	3.16%	11.40%	5.70%	6.79%	0.00%	3.42%	5.70%	0.00%
Long-Term Debt to Total Capital	117.42%	106.50%	79.25%	53.21%	65.97%	52.47%	49.61%	42.39%	36.33%	41.18%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.01%	0.17%	0.00%
Common Equity to Total Capital	-30.78%	-22.79%	17.59%	35.39%	28.33%	40.75%	50.39%	54.18%	57.81%	58.82%
Debt to EBITDA	2.08	2.45	2.77	4.70	7.91	1.25	1.55	1.93	2.22	1.72
Net Debt to EBITDA	0.05	0.28	-0.46	-1.27	-1.56	-0.46	-1.08	-1.77	-2.10	-1.24
Long-Term Debt to EBITDA	1.86	2.13	2.67	3.87	7.28	1.10	1.55	1.78	1.92	1.72
Debt to NOPAT	2.80	3.24	3.28	5.68	-188.55	1.98	1.96	3.94	3.12	2.32
Net Debt to NOPAT	0.06	0.36	-0.54	-1.54	37.19	-0.72	-1.37	-3.62	-2.95	-1.66
Long-Term Debt to NOPAT	2.52	2.81	3.15	4.68	-173.55	1.75	1.96	3.65	2.70	2.32
Altman Z-Score	6.91	6.33	5.13	5.88	5.63	6.75	6.20	5.68	6.29	6.60
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.02%	0.15%	0.15%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.31	1.28	1.86	2.10	3.56	1.83	2.36	2.58	1.89	2.47
Quick Ratio	1.24	1.20	1.73	2.00	3.38	1.68	2.20	2.46	1.81	2.29
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	8,649	6,284	6,471	1,308	257	4,332	4,184	3,001	3,565	2,665
Operating Cash Flow to CapEx	1,940.09%	2,128.70%	1,780.98%	927.63%	29.72%	1,322.01%	1,207.69%	1,618.75%	1,810.91%	1,842.01%
Free Cash Flow to Firm to Interest Expense	6.68	7.01	16.55	3.92	0.72	16.29	15.56	11.81	17.14	16.63
Operating Cash Flow to Interest Expense	6.43	8.19	16.76	8.44	0.24	18.29	19.84	18.35	19.15	19.99
Operating Cash Flow Less CapEx to Interest Expense	6.10	7.80	15.82	7.53	-0.56	16.91	18.20	17.22	18.10	18.91
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.91	0.86	0.70	0.48	0.31	0.68	0.60	0.56	0.58	0.57
Accounts Receivable Turnover	7.36	7.79	9.53	11.61	6.15	9.41	10.60	12.20	14.27	14.31
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	29.38	29.41	22.92	13.89	9.10	21.62	25.58	30.67	34.55	38.94
Accounts Payable Turnover	0.00	0.00	1.20	0.00	1.97	1.89	2.27	0.45	1.12	2.09
Days Sales Outstanding (DSO)	49.60	46.83	38.30	31.43	59.32	38.80	34.43	29.91	25.57	25.50
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	0.00	0.00	303.03	0.00	185.32	192.65	161.05	819.82	326.28	174.46
Cash Conversion Cycle (CCC)	49.60	46.83	-264.73	31.43	-126.00	-153.85	-126.62	-789.92	-300.71	-148.95
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	-3,639	-1,084	634	3,128	2,451	2,774	2,742	2,510	3,096	4,374
Invested Capital Turnover	-10.05	-94.96	9.09	3.93	2.60	5.46	5.53	4.52	2.88	2.11
Increase / (Decrease) in Invested Capital	-2,555	-1,718	-2,494	677	-323	32	232	-586	-1,278	-6.68
Enterprise Value (EV)	164,819	124,334	75,336	94,994	88,334	82,385	73,370	75,587	65,268	61,348
Market Capitalization	164,438	122,674	77,484	98,044	90,776	85,544	79,413	84,338	71,992	65,769
Book Value per Share	($121.46)	($78.65)	$71.72	$150.45	$119.47	$141.75	$189.62	$230.90	$199.01	$169.68
Tangible Book Value per Share	($247.79)	($205.88)	($47.80)	$30.05	$28.96	$25.47	$80.94	$130.12	$110.03	$62.75
Total Capital	13,061	12,039	15,819	17,455	17,273	14,561	17,434	20,785	16,987	14,954
Total Debt	17,081	14,783	13,037	11,277	12,380	8,628	8,649	9,521	7,138	6,158
Total Long-Term Debt	15,336	12,822	12,537	9,288	11,395	7,640	8,649	8,810	6,171	6,158
Net Debt	381	1,660	-2,148	-3,050	-2,442	-3,159	-6,043	-8,754	-6,753	-4,421
Capital Expenditures (CapEx)	429	345	368	304	286	368	442	288	220	174
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-9,575	-7,018	-4,572	-2,264	-1,297	-1,855	-1,432	-1,154	-789	-535
Debt-free Net Working Capital (DFNWC)	6,589	5,665	7,824	8,888	9,766	5,455	4,852	6,248	3,511	2,114
Net Working Capital (NWC)	4,844	3,704	7,324	6,899	8,781	4,467	4,852	5,537	2,543	2,114
Net Nonoperating Expense (NNE)	212	277	919	820	-125	-501	418	74	152	107
Net Nonoperating Obligations (NNO)	381	1,660	-2,148	-3,050	-2,442	-3,159	-6,043	-8,754	-6,753	-4,421
Total Depreciation and Amortization (D&A)	751	665	607	599	642	699	485	442	386	347
Debt-free, Cash-free Net Working Capital to Revenue	-40.33%	-32.85%	-26.75%	-20.66%	-19.08%	-12.31%	-9.86%	-9.10%	-7.35%	-5.80%
Debt-free Net Working Capital to Revenue	27.76%	26.52%	45.78%	81.11%	143.70%	36.21%	33.40%	49.27%	32.68%	22.92%
Net Working Capital to Revenue	20.41%	17.34%	42.86%	62.96%	129.21%	29.65%	33.40%	43.66%	23.67%	22.92%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$174.96	$118.67	$76.70	$28.39	$1.45	$112.93	$84.26	$47.78	$43.14	$50.09
Adjusted Weighted Average Basic Shares Outstanding	33.62M	36.14M	39.87M	41.04M	40.97M	43.08M	47.45M	48.99M	49.49M	50.94M
Adjusted Diluted Earnings per Share	$172.69	$117.40	$76.35	$28.17	$1.44	$111.82	$83.26	$46.86	$42.65	$49.45
Adjusted Weighted Average Diluted Shares Outstanding	34.06M	36.53M	40.05M	41.36M	41.16M	43.51M	48.02M	49.95M	50.06M	51.59M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	32.82M	34.17M	37.65M	40.89M	40.96M	41.06M	45.01M	48.29M	49.17M	49.62M
Normalized Net Operating Profit after Tax (NOPAT)	6,094	4,566	3,977	1,985	406	4,364	4,416	2,415	3,027	2,658
Normalized NOPAT Margin	25.67%	21.37%	23.27%	18.11%	5.97%	28.97%	30.40%	19.04%	28.18%	28.81%
Pre Tax Income Margin	30.72%	25.65%	22.95%	13.37%	8.34%	39.55%	33.28%	34.69%	25.25%	33.92%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	5.77	5.97	10.47	5.39	2.59	23.40	18.97	17.70	13.59	20.18
NOPAT to Interest Expense	4.71	5.09	10.17	5.94	-0.18	16.41	16.42	9.51	10.99	16.59
EBIT Less CapEx to Interest Expense	5.44	5.59	9.53	4.48	1.79	22.02	17.33	16.57	12.53	19.09
NOPAT Less CapEx to Interest Expense	4.37	4.71	9.23	5.03	-0.99	15.02	14.77	8.37	9.94	15.50
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	19.96%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	130.62%	241.94%	216.51%	13.99%	2,208.47%	168.28%	149.35%	78.09%	47.40%	121.07%

This table displays calculated financial ratios and metrics derived from Booking's official financial filings.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	7.86%	14.36%	8.90%	7.27%	16.86%	18.15%	21.30%	27.20%	40.19%	35.83%	29.43%
EBITDA Growth	26.61%	263.20%	-7.49%	18.31%	153.49%	-63.85%	35.49%	28.05%	168.15%	49.32%	102.93%
EBIT Growth	-11.94%	376.44%	-8.57%	18.83%	239.41%	-72.28%	36.70%	30.57%	134.44%	54.66%	117.37%
NOPAT Growth	36.32%	258.92%	12.72%	10.12%	65.82%	-71.25%	25.12%	78.05%	224.34%	78.13%	23.54%
Net Income Growth	-57.09%	381.08%	0.24%	17.91%	191.73%	-82.02%	50.72%	50.53%	138.00%	99.84%	116.65%
EPS Growth	-54.98%	453.42%	6.50%	27.20%	219.57%	-81.22%	66.27%	65.59%	140.94%	102.80%	125.70%
Operating Cash Flow Growth	21.41%	-46.43%	72.96%	45.37%	-6.40%	-38.06%	68,500.00%	-35.28%	70.44%	678.85%	-99.87%
Free Cash Flow Firm Growth	69.46%	82.50%	19.57%	28.86%	-42.76%	-43.73%	154.86%	27.66%	584.55%	10,564.61%	-24.38%
Invested Capital Growth	-89.04%	-235.70%	-395.83%	-112.04%	-93.49%	-270.98%	-147.82%	-315.33%	-189.95%	-79.73%	19.63%
Revenue Q/Q Growth	-12.96%	-31.56%	36.44%	32.71%	-7.71%	-34.83%	34.40%	44.57%	-6.69%	-33.10%	40.94%
EBITDA Q/Q Growth	-31.78%	-33.39%	46.43%	90.28%	-15.37%	-83.03%	87.28%	307.67%	-75.57%	-36.40%	76.99%
EBIT Q/Q Growth	-55.82%	-36.07%	50.40%	107.34%	-17.97%	-87.73%	95.48%	492.19%	-83.16%	-39.51%	86.72%
NOPAT Q/Q Growth	-24.36%	-57.67%	89.88%	124.21%	99.15%	-86.71%	85.50%	237.64%	-65.47%	-42.15%	163.99%
Net Income Q/Q Growth	-68.82%	-57.57%	65.48%	96.01%	249.55%	-91.16%	94.65%	384.96%	-78.46%	-25.87%	94.40%
EPS Q/Q Growth	-68.13%	-57.49%	67.51%	98.39%	291.77%	-91.82%	100.06%	398.43%	-76.97%	-27.58%	99.24%
Operating Cash Flow Q/Q Growth	355.34%	-69.62%	-6.02%	-6.62%	100.89%	-1.90%	-21.01%	-39.88%	32.95%	108,550.00%	-99.93%
Free Cash Flow Firm Q/Q Growth	-3.87%	-30.17%	55.44%	62.42%	3.52%	-54.25%	67.52%	-27.85%	1.76%	107.22%	-16.08%
Invested Capital Q/Q Growth	-57.41%	-13.44%	14.09%	-23.23%	-179.52%	-67.54%	63.26%	-12.45%	-347.00%	-53.14%	419.10%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	100.00%	129.85%	100.00%	86.23%	81.29%	130.81%	100.00%	86.23%	80.89%	53.84%	100.00%
EBITDA Margin	28.98%	36.98%	37.99%	35.40%	24.69%	11.64%	44.72%	32.09%	11.38%	38.06%	40.04%
Operating Margin	22.30%	31.60%	39.77%	31.68%	17.92%	12.73%	42.27%	30.63%	11.91%	33.22%	42.68%
EBIT Margin	16.88%	33.27%	35.61%	32.31%	20.68%	7.98%	42.42%	29.17%	7.12%	34.03%	37.64%
Profit (Net Income) Margin	6.99%	19.52%	31.49%	25.96%	17.58%	4.64%	34.21%	23.62%	7.04%	30.50%	27.53%
Tax Burden Percent	84.09%	68.29%	87.73%	79.14%	82.82%	54.01%	79.74%	79.73%	87.79%	85.06%	76.56%
Interest Burden Percent	49.25%	85.93%	100.77%	101.53%	102.63%	107.59%	101.12%	101.57%	112.64%	105.37%	95.52%
Effective Tax Rate	15.91%	31.71%	12.27%	20.86%	17.18%	45.99%	20.26%	20.27%	12.21%	14.94%	23.44%
Return on Invested Capital (ROIC)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	1,969.81%	0.00%	2,171.74%	256.70%	421.54%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	1,966.68%	0.00%	2,176.64%	253.20%	430.80%
Return on Net Nonoperating Assets (RNNOA)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-1,510.69%	0.00%	-2,106.71%	-146.89%	-314.67%
Return on Equity (ROE)	-107.02%	-173.92%	-235.44%	-203.60%	-322.30%	22,573.68%	459.12%	267.13%	65.03%	109.81%	106.87%
Cash Return on Invested Capital (CROIC)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	344.02%	257.47%
Operating Return on Assets (OROA)	14.81%	30.34%	30.63%	26.27%	17.19%	6.86%	36.69%	22.10%	5.44%	23.74%	26.56%
Return on Assets (ROA)	6.13%	17.81%	27.08%	21.11%	14.61%	3.99%	29.59%	17.90%	5.38%	21.28%	19.43%
Return on Common Equity (ROCE)	-107.02%	-173.92%	-235.44%	-203.60%	-322.30%	22,573.68%	459.12%	267.13%	65.03%	109.81%	106.87%
Return on Equity Simple (ROE_SIMPLE)	-88.99%	0.00%	-137.86%	-117.63%	-118.44%	0.00%	-848.32%	-670.23%	374.67%	0.00%	66.51%
Net Operating Profit after Tax (NOPAT)	893	1,181	2,789	1,469	655	329	2,474	1,334	395	1,144	1,978
NOPAT Margin	18.75%	21.58%	34.89%	25.07%	14.84%	6.88%	33.71%	24.42%	10.46%	28.25%	32.68%
Net Nonoperating Expense Percent (NNEP)	79.67%	11.04%	128.59%	18.86%	14.95%	-43.83%	3.14%	-1.59%	-4.90%	3.50%	-9.26%
Return On Investment Capital (ROIC_SIMPLE)	8.60%	9.04%	-	-	-	2.73%	-	-	-	7.23%	-
Cost of Revenue to Revenue	0.00%	-29.85%	0.00%	13.77%	18.71%	-30.81%	0.00%	13.77%	19.11%	46.16%	0.00%
SG&A Expenses to Revenue	21.73%	52.20%	20.48%	5.04%	8.45%	71.63%	17.44%	7.29%	10.56%	-24.85%	16.97%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	77.70%	98.25%	60.23%	54.55%	63.37%	118.08%	57.73%	55.60%	68.98%	20.62%	57.32%
Earnings before Interest and Taxes (EBIT)	804	1,820	2,847	1,893	913	382	3,114	1,593	269	1,378	2,278
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	1,380	2,023	3,037	2,074	1,090	557	3,283	1,753	430	1,541	2,423
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	92.53	27.85	17.69
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	6.28	6.93	6.13	6.00	5.74	5.74	5.30	5.13	5.47	4.53	4.05
Price to Earnings (P/E)	27.79	27.96	28.04	26.72	26.32	28.60	20.61	22.27	24.70	25.34	26.60
Dividend Yield	0.78%	0.70%	0.62%	0.44%	0.24%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	3.60%	3.58%	3.57%	3.74%	3.80%	3.50%	4.85%	4.49%	4.05%	3.95%	3.76%
Enterprise Value to Invested Capital (EV/IC)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	118.83	46.28
Enterprise Value to Revenue (EV/Rev)	6.29	6.94	6.15	6.02	5.79	5.82	5.30	5.07	5.32	4.41	3.91
Enterprise Value to EBITDA (EV/EBITDA)	17.80	20.04	18.21	16.82	16.53	20.64	15.12	15.42	16.17	16.02	14.93
Enterprise Value to EBIT (EV/EBIT)	20.58	22.06	20.08	18.43	18.13	23.21	16.62	17.11	18.03	18.40	17.35
Enterprise Value to NOPAT (EV/NOPAT)	24.04	27.05	26.83	27.08	26.27	27.23	20.45	20.20	22.69	18.94	18.31
Enterprise Value to Operating Cash Flow (EV/OCF)	17.03	19.80	15.83	16.98	17.78	16.93	13.37	14.43	12.49	11.49	13.44
Enterprise Value to Free Cash Flow (EV/FCFF)	16.83	19.06	18.07	19.40	20.17	19.79	14.88	15.84	12.78	11.64	19.58
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	-2.70	-4.25	-4.58	-4.05	-4.31	-5.39	-22.91	-21.93	11.79	4.69	2.58
Long-Term Debt to Equity	-2.59	-3.81	-3.91	-3.25	-3.45	-4.67	-19.84	-20.65	11.00	4.51	2.24
Financial Leverage	-0.14	-0.30	-0.10	0.11	0.54	-12.84	-0.77	-1.65	-0.97	-0.58	-0.73
Leverage Ratio	-5.40	-7.70	-12.53	-11.15	-17.78	1,307.97	15.66	15.30	8.74	5.47	4.93
Compound Leverage Factor	-2.66	-6.61	-12.63	-11.32	-18.24	1,407.27	15.84	15.54	9.84	5.76	4.71
Debt to Total Capital	158.84%	130.78%	127.96%	132.74%	130.23%	122.79%	104.57%	104.78%	92.18%	82.41%	72.07%
Short-Term Debt to Total Capital	6.31%	13.36%	18.51%	26.39%	25.83%	16.29%	13.97%	6.14%	6.22%	3.16%	9.39%
Long-Term Debt to Total Capital	152.53%	117.42%	109.44%	106.35%	104.40%	106.50%	90.59%	98.64%	85.97%	79.25%	62.68%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	-58.84%	-30.78%	-27.96%	-32.74%	-30.23%	-22.79%	-4.57%	-4.78%	7.82%	17.59%	27.93%
Debt to EBITDA	1.94	2.08	2.15	2.16	2.27	2.45	1.98	2.29	2.12	2.77	2.26
Net Debt to EBITDA	0.05	0.05	0.06	0.07	0.13	0.28	0.00	-0.17	-0.44	-0.46	-0.55
Long-Term Debt to EBITDA	1.86	1.86	1.84	1.73	1.82	2.13	1.72	2.16	1.97	2.67	1.96
Debt to NOPAT	2.62	2.80	3.17	3.48	3.60	3.24	2.68	3.00	2.97	3.28	2.77
Net Debt to NOPAT	0.06	0.06	0.08	0.11	0.21	0.36	0.00	-0.23	-0.62	-0.54	-0.68
Long-Term Debt to NOPAT	2.51	2.52	2.71	2.79	2.89	2.81	2.32	2.83	2.77	3.15	2.41
Altman Z-Score	5.75	6.24	5.79	5.24	5.08	5.66	5.69	4.96	5.08	4.78	5.06
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.22	1.31	1.23	1.17	1.22	1.28	1.44	1.55	1.59	1.86	1.45
Quick Ratio	1.15	1.24	1.16	1.11	1.15	1.20	1.35	1.45	1.49	1.73	1.34
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	3,591	3,736	5,350	3,442	2,119	2,047	4,474	2,671	3,702	3,638	1,756
Operating Cash Flow to CapEx	2,713.22%	948.68%	3,081.82%	1,729.45%	2,080.00%	1,431.91%	1,932.39%	1,888.04%	3,282.95%	2,897.33%	2.04%
Free Cash Flow to Firm to Interest Expense	5.53	7.37	17.54	13.04	9.68	9.84	17.62	11.08	19.08	25.09	17.21
Operating Cash Flow to Interest Expense	5.06	1.42	7.78	9.56	12.35	6.47	5.40	7.21	14.89	14.99	0.02
Operating Cash Flow Less CapEx to Interest Expense	4.87	1.27	7.53	9.01	11.75	6.02	5.12	6.83	14.44	14.47	-0.94
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.88	0.91	0.86	0.81	0.83	0.86	0.87	0.76	0.76	0.70	0.71
Accounts Receivable Turnover	7.31	7.36	6.50	6.77	8.23	7.79	7.20	7.65	9.93	9.53	8.35
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	28.98	29.38	28.55	27.88	29.26	29.41	25.60	24.33	23.56	22.92	19.53
Accounts Payable Turnover	0.00	0.00	0.04	0.05	0.04	0.00	1.30	1.53	1.43	1.20	0.00
Days Sales Outstanding (DSO)	49.90	49.60	56.18	53.93	44.33	46.83	50.70	47.69	36.75	38.30	43.73
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	0.00	0.00	8,132.15	6,945.33	9,475.96	0.00	281.20	238.18	256.11	303.03	0.00
Cash Conversion Cycle (CCC)	49.90	49.60	-8,075.98	-6,891.40	-9,431.63	46.83	-230.50	-190.49	-219.36	-264.73	43.73
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	-5,728	-3,639	-3,208	-3,734	-3,030	-1,084	-647	-1,761	-1,566	634	1,353
Invested Capital Turnover	-5.50	-10.05	-11.96	-8.15	-9.57	-94.96	58.44	-17.70	207.69	9.09	12.90
Increase / (Decrease) in Invested Capital	-2,698	-2,555	-2,561	-1,973	-1,464	-1,718	-2,000	-1,337	-3,307	-2,494	222
Enterprise Value (EV)	151,561	164,819	141,654	134,946	127,308	124,334	109,264	98,154	96,735	75,336	62,613
Market Capitalization	151,177	164,438	141,209	134,404	126,286	122,674	109,286	99,250	99,375	77,484	64,930
Book Value per Share	($186.26)	($121.46)	($108.97)	($126.03)	($118.46)	($78.65)	($17.51)	($18.01)	$28.53	$71.72	$92.43
Tangible Book Value per Share	($312.69)	($247.79)	($236.87)	($253.13)	($246.16)	($205.88)	($142.58)	($141.01)	($93.47)	($47.80)	($25.01)
Total Capital	10,388	13,061	13,067	13,061	13,404	12,039	13,691	13,921	13,739	15,819	13,140
Total Debt	16,500	17,081	16,720	17,337	17,456	14,783	14,316	14,586	12,665	13,037	9,470
Total Long-Term Debt	15,845	15,336	14,301	13,890	13,994	12,822	12,403	13,731	11,811	12,537	8,236
Net Debt	384	381	445	542	1,022	1,660	-22	-1,096	-2,640	-2,148	-2,317
Capital Expenditures (CapEx)	121	76	77	146	130	94	71	92	88	75	98
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-11,367	-9,575	-9,505	-9,793	-8,885	-7,018	-6,358	-7,519	-7,083	-4,572	-4,036
Debt-free Net Working Capital (DFNWC)	4,211	6,589	6,270	6,534	7,106	5,665	7,560	7,723	7,416	7,824	5,101
Net Working Capital (NWC)	3,556	4,844	3,851	3,087	3,644	3,704	5,647	6,868	6,562	7,324	3,867
Net Nonoperating Expense (NNE)	560	113	272	-52	-121	107	-37	44	129	-91	312
Net Nonoperating Obligations (NNO)	384	381	445	542	1,022	1,660	-22	-1,096	-2,640	-2,148	-2,317
Total Depreciation and Amortization (D&A)	576	203	190	181	177	175	169	160	161	163	145
Debt-free, Cash-free Net Working Capital to Revenue	-47.19%	-40.33%	-41.23%	-43.72%	-40.38%	-32.85%	-30.82%	-38.88%	-38.98%	-26.75%	-25.19%
Debt-free Net Working Capital to Revenue	17.48%	27.76%	27.20%	29.17%	32.30%	26.52%	36.65%	39.93%	40.81%	45.78%	31.84%
Net Working Capital to Revenue	14.76%	20.41%	16.71%	13.78%	16.56%	17.34%	27.37%	35.51%	36.11%	42.86%	24.14%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$10.14	$31.96	$75.37	$44.94	$22.69	$5.82	$70.62	$35.16	$7.07	$30.55	$42.10
Adjusted Weighted Average Basic Shares Outstanding	32.85M	33.62M	33.40M	33.84M	34.21M	36.14M	35.57M	36.68M	37.62M	39.87M	39.56M
Adjusted Diluted Earnings per Share	$10.07	$31.60	$74.34	$44.38	$22.37	$5.71	$69.80	$34.89	$7.00	$30.40	$41.98
Adjusted Weighted Average Diluted Shares Outstanding	33.09M	34.06M	33.86M	34.27M	34.71M	36.53M	35.99M	36.96M	37.98M	40.05M	39.67M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	32.54M	32.82M	33.10M	33.52M	33.93M	34.17M	34.89M	35.69M	36.93M	37.65M	38.79M
Normalized Net Operating Profit after Tax (NOPAT)	893	1,181	2,789	1,469	655	329	2,474	1,334	395	1,144	1,976
Normalized NOPAT Margin	18.75%	21.58%	34.89%	25.07%	14.84%	6.88%	33.71%	24.42%	10.46%	28.25%	32.65%
Pre Tax Income Margin	8.32%	28.59%	35.89%	32.80%	21.22%	8.59%	42.90%	29.62%	8.02%	35.86%	35.96%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	1.24	3.59	9.33	7.17	4.17	1.84	12.26	6.61	1.39	9.50	22.33
NOPAT to Interest Expense	1.38	2.33	9.14	5.56	2.99	1.58	9.74	5.53	2.04	7.89	19.39
EBIT Less CapEx to Interest Expense	1.05	3.44	9.08	6.62	3.58	1.38	11.98	6.23	0.93	8.99	21.37
NOPAT Less CapEx to Interest Expense	1.19	2.18	8.89	5.01	2.40	1.13	9.46	5.15	1.58	7.37	18.43
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	21.95%	19.96%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	147.40%	130.62%	154.29%	171.89%	210.11%	241.94%	192.98%	214.99%	191.90%	216.51%	175.42%

Frequently Asked Questions About Booking's Financials

When does Booking's fiscal year end?

According to the most recent income statement we have on file, Booking's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has Booking's net income changed over the last 9 years?

Booking's net income appears to be on an upward trend, with a most recent value of $5.88 billion in 2024, rising from $2.55 billion in 2015. The previous period was $4.29 billion in 2023. View Booking's forecast to see where analysts expect Booking to go next.

What is Booking's operating income?

Booking's total operating income in 2024 was $7.56 billion, based on the following breakdown:

Total Gross Profit: $23.74 billion
Total Operating Expenses: $16.18 billion

How has Booking revenue changed over the last 9 years?

Over the last 9 years, Booking's total revenue changed from $9.22 billion in 2015 to $23.74 billion in 2024, a change of 157.4%.

How much debt does Booking have?

Booking's total liabilities were at $31.73 billion at the end of 2024, a 17.1% increase from 2023, and a 267.9% increase since 2015.

How much cash does Booking have?

In the past 9 years, Booking's cash and equivalents has ranged from $1.48 billion in 2015 to $16.16 billion in 2024, and is currently $16.16 billion as of their latest financial filing in 2024.

How has Booking's book value per share changed over the last 9 years?

Over the last 9 years, Booking's book value per share changed from 169.68 in 2015 to -121.46 in 2024, a change of -171.6%.

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This page (NASDAQ:BKNG) was last updated on 5/21/2025 by MarketBeat.com Staff

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Booking (BKNG) Financials

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