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Booking Holdings Inc. BKNG Ratios & Valuation

TTM Q1 '26TTM Q4 '25TTM Q3 '25TTM Q2 '25TTM Q1 '25
Profitability
Operating margin131%+10.4pp130.9%+14.7pp129.9%+18.2pp125.1%+9.5pp120.6%+2.1pp
Net margin80.9%-10.8pp81.3%-9.6pp86%-0.2pp88.4%-1.6pp91.7%+1.0pp
EBITDA margin140.4%+9.9pp140.6%+14.7pp139.8%+18.5pp135.1%+9.9pp130.5%+2.4pp
Free cash flow margin135.2%-3.6pp137.8%+3.4pp137.3%+3.4pp142.3%+7.2pp138.9%+3.5pp
Returns
Return on assets75.4%-4.0pp72.8%-5.0pp76.4%+4.0pp77.4%+1.6pp79.5%+4.4pp
Efficiency
Asset turnover3.7×+0.3×3.6×+0.2×3.6×+0.2×3.5×+0.1×3.5×+0.1×
Liquidity
Current ratio0.0×5.1×+0.2×5.1×+0.2×-0.1×4.9×-0.6×
Quick ratio0.0×5.1×+0.2×5.1×+0.2×-0.1×4.9×-0.6×
Cash ratio3.8×0.0×3.9×+0.1×3.9×+0.3×3.9×+0.1×3.8×-0.2×
Leverage
Debt-to-assets2.6×+0.1×2.5×0.0×2.5×0.0×2.4×0.0×2.4×+0.1×
Net debt / EBITDA0.8×+0.3×0.6×-0.1×0.5×-0.5×0.5×-0.5×0.5×-0.3×
Interest coverage21.8×-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 / earnings125.4×+14.9×131.5×+22.9×127.5×+18.1×120.9×+18.7×110.5×+12.7×
Price / sales25.1×-0.3×26.5×+1.9×27.1×+3.5×26.5×+3.7×25.3×+3.4×
EV / EBITDA72.2×-6.1×76.1×-2.9×77.9×-0.8×79×+4.9×78.3×+8.5×
EV / sales25.4×-0.1×26.8×+1.9×27.2×+3.4×26.6×+3.6×25.5×+3.3×
Free cash flow yield22%0.0pp20.8%-1.1pp20.3%-2.4pp21.6%-2.2pp22%-2.8pp
Earnings yield13.3%-1.2pp12.3%-2.4pp12.8%-1.9pp13.4%-2.5pp14.5%-2.1pp
Dividend yield3.1%+0.5pp2.9%+0.9pp2.9%+1.6pp2.8%+2.1pp2.6%+2.3pp

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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.