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Booking Holdings Inc. BKNG Ratios & Valuation

Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25
Profitability
Operating margin32.6%-0.2pp32.8%+0.1pp32.7%-0.1pp32.8%+0.4pp32.5%+0.7pp
Net margin22.2%+2.2pp20.1%+0.7pp19.4%+0.1pp19.2%-3.3pp22.6%-2.2pp
EBITDA margin34.8%-0.3pp35.1%-0.1pp35.2%-0.2pp35.3%+0.3pp35%+0.7pp
Free cash flow margin32.6%-1.1pp33.8%+1.8pp31.9%-5.0pp36.9%+1.7pp35.2%+2.0pp
Returns
Return on assets22.4%+3.4pp19%+1.2pp17.8%+1.5pp16.3%-3.6pp19.8%-2.8pp
Efficiency
Asset turnover+0.1×0.9×0.0×0.9×+0.1×0.8×0.0×0.9×0.0×
Liquidity
Current ratio1.1×-0.3×1.3×0.0×1.3×+0.1×1.2×0.0×1.2×-0.1×
Quick ratio1.1×-0.3×1.3×0.0×1.3×+0.1×1.2×0.0×1.2×-0.1×
Cash ratio0.8×-0.2×0.0×+0.1×0.9×0.0×-0.1×
Leverage
Debt-to-assets0.7×0.0×0.7×+0.1×0.6×0.0×0.6×0.0×0.6×0.0×
Net debt / EBITDA0.3×+0.1×0.2×+0.1×0.1×0.0×0.2×0.0×0.1×0.0×
Interest coverage7.4×+1.9×5.5×+0.9×4.5×+0.2×4.4×-0.2×4.5×-1.3×
Per Share
Book value per share-$10.99+93.6%-$170.90-17.5%-$145.46+28.7%-$204.08-2,661%-$7.39+93.7%
Valuation
Market capitalization$133.35B-22.7%$172.62B-1.4%$174.99B-1.9%$178.39B+18.0%$151.18B-8.1%
Enterprise value$136.27B-22.1%$174.83B-0.7%$176.01B-2.1%$179.79B+18.2%$152.1B-8.1%
Price / earnings21.7×-10.3×31.9×-2.7×34.7×-2.4×37.1×+9.3×27.8×-0.2×
Price / sales4.8×-1.6×6.4×-0.3×6.7×-0.4×7.1×+0.9×6.3×-0.7×
EV / EBITDA14.1×-4.4×18.5×-0.7×19.2×-1.1×20.3×+2.3×18×-2.3×
EV / sales4.9×-1.6×6.5×-0.3×6.8×-0.4×7.2×+0.9×6.3×-0.7×
Free cash flow yield6.8%+1.5pp5.3%+0.5pp4.8%-0.4pp5.2%-0.4pp5.6%+0.8pp
Earnings yield4.6%+1.5pp3.1%+0.2pp2.9%+0.2pp2.7%-0.9pp3.6%0.0pp
Dividend yield1%+0.2pp0.7%0.0pp0.7%0.0pp0.7%-0.1pp0.8%+0.1pp
PEG ratio1.6×218.4×2.1×+1.3×

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Questions, answered.

What are Booking Holdings Inc.'s profit margins?
Booking Holdings Inc. (BKNG) runs a 98.1% gross margin and a 32.6% operating margin, with a 22.2% net margin.
Where do Booking Holdings Inc.'s ratios come from?
Every ratio is computed from Booking Holdings Inc.'s SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.