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Business Segments · Segment Adjusted EBITDA less Capex

Business Segments — Segment Adjusted EBITDA less Capex

Booking Holdings Inc. Business Segments — Segment Adjusted EBITDA less Capex decreased by 41.5% to $1.26B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 21.0%, from $1.04B to $1.26B. Over 3 years (FY 2022 to FY 2025), Business Segments — Segment Adjusted EBITDA less Capex shows an upward trend with a 24.5% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2022
Last reportedQ1 2026Apr 28, 2026

How to read this metric

Higher values indicate strong operational efficiency and effective capital allocation, while lower values suggest high reinvestment needs or declining profitability.

Detailed definition

A performance measure that subtracts capital expenditures from the segment's adjusted EBITDA to reflect the cash-generat...

Peer comparison

Comparable to 'Free Cash Flow' or 'Cash EBITDA' metrics used by capital-intensive technology and service firms.

Metric ID: bkng_segment_reportable_segment_segment_adjusted_ebitda_less_capex

Historical Data

17 periods
 Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$1.28B$1.28B$1.28B$1.28B$1.76B$1.76B$1.76B$1.76B$860M$1.81B$3.67B$1.84B$1.04B$2.44B$4.22B$2.16B$1.26B
QoQ Change+0.0%+0.0%+0.0%+37.5%+0.0%+0.0%+0.0%-51.0%+109.9%+103.4%-49.8%-43.4%+133.6%+73.1%-48.9%-41.5%
YoY Change+37.5%+37.5%+37.5%+37.5%-51.0%+2.8%+109.2%+5.0%+21.3%+35.0%+14.9%+17.0%+21.0%
Range$860M$4.22B
CAGR-0.3%
Avg YoY Growth+25.0%
Median YoY Growth+21.3%
Current Streak2 quarters decline

Frequently Asked Questions

What is Booking Holdings Inc.'s business segments — segment adjusted ebitda less capex?
Booking Holdings Inc. (BKNG) reported business segments — segment adjusted ebitda less capex of $1.26B in Q1 2026.
How has Booking Holdings Inc.'s business segments — segment adjusted ebitda less capex changed year-over-year?
Booking Holdings Inc.'s business segments — segment adjusted ebitda less capex increased by 21.0% year-over-year, from $1.04B to $1.26B.
What is the long-term trend for Booking Holdings Inc.'s business segments — segment adjusted ebitda less capex?
Over 3 years (2022 to 2025), Booking Holdings Inc.'s business segments — segment adjusted ebitda less capex has grown at a 24.5% compound annual growth rate (CAGR), from $5.11B to $9.85B.
What does business segments — segment adjusted ebitda less capex mean?
The segment's operating profit after accounting for necessary capital investments.