Booking Holdings Inc. BKNG Ratios & Valuation
| TTM Q1 '26 | TTM Q4 '25 | TTM Q3 '25 | TTM Q2 '25 | TTM Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Operating margin | 131%+10.4pp | 130.9%+14.7pp | 129.9%+18.2pp | 125.1%+9.5pp | 120.6%+2.1pp | |
| Net margin | 80.9%-10.8pp | 81.3%-9.6pp | 86%-0.2pp | 88.4%-1.6pp | 91.7%+1.0pp | |
| EBITDA margin | 140.4%+9.9pp | 140.6%+14.7pp | 139.8%+18.5pp | 135.1%+9.9pp | 130.5%+2.4pp | |
| Free cash flow margin | 135.2%-3.6pp | 137.8%+3.4pp | 137.3%+3.4pp | 142.3%+7.2pp | 138.9%+3.5pp | |
| Returns | ||||||
| Return on assets | 75.4%-4.0pp | 72.8%-5.0pp | 76.4%+4.0pp | 77.4%+1.6pp | 79.5%+4.4pp | |
| Efficiency | ||||||
| Asset turnover | 3.7×+0.3× | 3.6×+0.2× | 3.6×+0.2× | 3.5×+0.1× | 3.5×+0.1× | |
| Liquidity | ||||||
| Current ratio | 5×0.0× | 5.1×+0.2× | 5.1×+0.2× | 5×-0.1× | 4.9×-0.6× | |
| Quick ratio | 5×0.0× | 5.1×+0.2× | 5.1×+0.2× | 5×-0.1× | 4.9×-0.6× | |
| Cash ratio | 3.8×0.0× | 3.9×+0.1× | 3.9×+0.3× | 3.9×+0.1× | 3.8×-0.2× | |
| Leverage | ||||||
| Debt-to-assets | 2.6×+0.1× | 2.5×0.0× | 2.5×0.0× | 2.4×0.0× | 2.4×+0.1× | |
| Net debt / EBITDA | 0.8×+0.3× | 0.6×-0.1× | 0.5×-0.5× | 0.5×-0.5× | 0.5×-0.3× | |
| Interest coverage | 21.8×-1.8× | 18.9×-6.8× | 19.3×-7.1× | 21.2×-6.6× | 23.6×-6.4× | |
| Per Share | ||||||
| Book value per share | -$531.43-48.4% | -$527.84-12.9% | -$474.95-11.9% | -$437.36-30.9% | -$358.06-57.6% | |
| Valuation | ||||||
| Market capitalization | $659.36B+11.5% | $677.18B+20.1% | $669B+27.8% | $635.22B+29.1% | $591.23B+29.2% | |
| Enterprise value | $666.9B+12.0% | $682.73B+20.0% | $673.41B+27.0% | $639.55B+28.2% | $595.21B+28.5% | |
| Price / earnings | 125.4×+14.9× | 131.5×+22.9× | 127.5×+18.1× | 120.9×+18.7× | 110.5×+12.7× | |
| Price / sales | 25.1×-0.3× | 26.5×+1.9× | 27.1×+3.5× | 26.5×+3.7× | 25.3×+3.4× | |
| EV / EBITDA | 72.2×-6.1× | 76.1×-2.9× | 77.9×-0.8× | 79×+4.9× | 78.3×+8.5× | |
| EV / sales | 25.4×-0.1× | 26.8×+1.9× | 27.2×+3.4× | 26.6×+3.6× | 25.5×+3.3× | |
| Free cash flow yield | 22%0.0pp | 20.8%-1.1pp | 20.3%-2.4pp | 21.6%-2.2pp | 22%-2.8pp | |
| Earnings yield | 13.3%-1.2pp | 12.3%-2.4pp | 12.8%-1.9pp | 13.4%-2.5pp | 14.5%-2.1pp | |
| Dividend yield | 3.1%+0.5pp | 2.9%+0.9pp | 2.9%+1.6pp | 2.8%+2.1pp | 2.6%+2.3pp |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →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.
