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Debt-to-assets at other companies

Marriott International logo
Marriott InternationalMAR
0.7×0.0×
Expedia Group, Inc. logo
Expedia Group, Inc.EXPE
0.2×-0.1×
Airbnb logo
AirbnbABNB
0.1×0.0×
Hyatt Hotels logo
Hyatt HotelsH
0.4×0.0×
Shopify logo
ShopifySHOP
-0.1×
Alphabet Inc. logo
Alphabet Inc.GOOGL

Other financials

Income statement

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Revenue$5.5B+16.2%
Operating income$1.3B+19.7%
Net income$1.1B+225%
EPS (diluted)$1.36+240%

Balance sheet

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Cash & equivalents$16.0B+2.9%
Total debt$18.9B+14.8%
Total equity-$8.7B-42.7%
Total assets$27.7B+2.0%

Cash flow

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Operating cash flow$3.2B-2.1%
CapEx$107.0M-11.6%
Free cash flow$3.1B-1.7%

Valuation

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Market cap$132.99B-11.8%
Enterprise value$135.91B-10.4%
P/E21.6×-6.1×
P/S4.8×-1.5×

Profitability

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Gross margin98.1%
Operating margin32.6%+0.1pp
Net margin22.2%-0.4pp

Returns & leverage

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Return on equity147.8%+136pp
Debt / equity11.8×+9.5×
Current ratio1.1×-0.2×

Where this comes from

Calculated from Booking Holdings Inc.’s reported figures.

Based on the most recent quarter.

The official record: Booking Holdings Inc.’s 10-Q, filed April 28, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Booking Holdings Inc.'s debt-to-assets?
Booking Holdings Inc. (BKNG) reported debt-to-assets of 0.7× in Q1 2026.
How has Booking Holdings Inc.'s debt-to-assets changed year-over-year?
Booking Holdings Inc.'s debt-to-assets increased by 12.6% year-over-year, from 0.6× to 0.7×.
What is the long-term trend for Booking Holdings Inc.'s debt-to-assets?
Over 4 years (2021 to 2025), Booking Holdings Inc.'s debt-to-assets has grown at a 4.6% compound annual growth rate (CAGR), from 2.1× to 2.5×.
What does debt-to-assets mean?
What fraction of everything the company owns is funded by debt.
How do you interpret debt-to-assets?
A lower ratio indicates a more conservatively financed balance sheet. Rising debt-to-assets over time signals increasing financial risk.
How does debt-to-assets compare across companies?
Comparable within an industry; bounded between 0 and 1 for most non-financials, which makes cross-company reads cleaner than debt-to-equity.