Saturday 17 October 2026
Export BKNG’s income statement to Excel — free account
Booking Holdings Inc.
BKNG Consumer Cyclical Travel Services
Booking Holdings Inc.’s revenue for fiscal 2025 (year ended December 2025) was $26.9 billion, up 13.4% from fiscal 2024. In the quarter to June 2026, revenue grew 8.15%, EPS grew 130.6%, free cash flow grew 16.1% and total debt rose 9.25%, each against the same quarter a year earlier. Member of the S&P 500 and Nasdaq 100; dividend growth for three consecutive years, revenue growth for five, operating cash flow growth for five.
163.45
2.35
−1.42%
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| Dec '25 | Dec '24 | Dec '23 | Dec '22 | Dec '21 | Dec '20 | Dec '19 | Dec '18 | Dec '17 | Dec '16 | |
|---|---|---|---|---|---|---|---|---|---|---|
P/E ratio |
32.06 | 28.34 | 29.19 | 25.98 | 84.60 | 1,475.00 | 18.06 | 20.44 | 37.47 | 34.24 |
Piotroski F-Score |
6 | 7 | 7 | 6 | 6 | 5 | 6 | 8 | 6 | 7 |
Altman Z-Score |
7.08 | 6.97 | 6.52 | 5.34 | 5.99 | 5.41 | 6.73 | 6.33 | 5.71 | 6.32 |
P/S ratio |
6.46 | 7.04 | 5.89 | 4.74 | 8.99 | 13.43 | 5.87 | 5.63 | 6.90 | 6.81 |
P/FCF ratio |
19.13 | 21.16 | 17.97 | 13.10 | 39.14 | 0.00 | 19.68 | 16.69 | 19.99 | 19.43 |
Altman Z″-Score (non-manufacturers) |
7.64 | 7.14 | 6.77 | 6.92 | 6.37 | 6.21 | 6.99 | 6.29 | 5.24 | 4.72 |
P/Operating CF |
116.64 | 231.69 | 93.45 | 37.29 | 352.94 | (158.16) | 82.15 | 75.39 | 74.51 | 66.67 |
Beneish M-Score |
(2.97) | (3.00) | (2.88) | (2.72) | (1.57) | (3.46) | (2.49) | (2.59) | (2.61) | (2.75) |
Dividend Safety Score |
81 | — | — | — | — | — | — | — | — | — |
P/B ratio |
0.00 | 0.00 | 0.00 | 29.13 | 15.94 | 18.65 | 14.91 | 9.30 | 7.77 | 7.45 |
Price to Tangible BV |
0.00 | 0.00 | 0.00 | 0.00 | 79.80 | 76.95 | 83.00 | 21.79 | 13.78 | 13.47 |
EV/Sales |
6.51 | 7.07 | 5.98 | 4.79 | 9.04 | 13.70 | 6.03 | 5.93 | 7.16 | 7.07 |
EV/EBITDA |
17.88 | 18.76 | 20.16 | 14.74 | 33.96 | 104.76 | 15.47 | 14.80 | 18.24 | 17.95 |
EV/Operating CF |
18.63 | 20.15 | 17.40 | 12.49 | 35.13 | 1,095.69 | 18.67 | 16.15 | 19.48 | 19.07 |
EV/FCF |
19.29 | 21.25 | 18.26 | 13.23 | 39.38 | (463.35) | 20.20 | 17.61 | 20.76 | 20.19 |
Quick Ratio |
1.26 | 1.24 | 1.20 | 1.73 | 2.00 | 3.38 | 1.68 | 2.20 | 2.46 | 1.81 |
Current Ratio |
1.33 | 1.31 | 1.28 | 1.86 | 2.10 | 3.56 | 1.83 | 2.36 | 2.58 | 1.89 |
Net Debt/EBITDA |
0.16 | 0.08 | 0.32 | 0.14 | 0.21 | 2.11 | 0.40 | 0.61 | 0.68 | 0.68 |
Debt/Assets |
64.02% | 60.83% | 60.39% | 52.03% | 49.71% | 59.14% | 45.08% | 43.26% | 42.34% | 36.12% |
Debt/Equity |
(3.36) | (4.19) | (5.36) | 4.74 | 1.90 | 2.64 | 1.63 | 1.12 | 0.96 | 0.73 |
Asset Turnover |
0.94 | 0.91 | 0.86 | 0.70 | 0.48 | 0.31 | 0.68 | 0.60 | 0.56 | 0.58 |
Operating CF/Net income |
1.74 | 1.42 | 1.71 | 2.14 | 2.42 | 1.44 | 1.00 | 1.34 | 1.99 | 1.87 |
Capex/Depreciation |
(0.33) | (0.31) | (0.68) | (0.82) | (0.72) | (0.19) | (0.70) | (0.91) | (0.65) | (0.17) |
Interest Coverage |
5.46 | 5.83 | 6.51 | 13.05 | 7.47 | (1.77) | 20.09 | 19.86 | 17.87 | 13.97 |
| (112.61%) | (173.92%) | 22,573.68% | 68.26% | 21.05% | 1.09% | 66.11% | 39.89% | 22.21% | 22.94% | |
| 18.97% | 22.60% | 17.26% | 12.48% | 5.12% | 0.27% | 22.07% | 16.61% | 10.34% | 11.46% | |
ROIC |
0.00% | 0.00% | 0.00% | 89.02% | 23.02% | (5.83%) | 40.38% | 27.10% | 19.38% | 14.32% |
Return on Tangible Assets |
84.80% | 103.63% | 95.57% | 38.26% | 15.09% | 0.62% | 93.47% | 72.59% | 38.91% | 73.88% |
Average Days of Receivables |
51.80 | 49.19 | 55.57 | 47.61 | 45.23 | 28.41 | 40.70 | 38.27 | 35.06 | 29.22 |
Research and Development Expense of Revenue |
0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Selling, General and Administrative Expense of Revenue |
62.44% | 65.54% | 70.33% | 68.67% | 73.26% | 84.73% | 61.41% | 60.30% | 59.44% | 57.45% |
Intangible Assets out of Total Assets |
0.12 | 0.15 | 0.18 | 0.18 | 0.21 | 0.17 | 0.23 | 0.22 | 0.19 | 0.22 |
Share Based Compensation of Revenue |
2.29% | 2.52% | 2.48% | 2.36% | 3.43% | 3.75% | 2.16% | 2.28% | 2.06% | 2.33% |
Graham Net Nets |
(0.07) | (0.07) | (0.08) | (0.08) | (0.04) | (0.05) | (0.06) | (0.07) | (0.06) | (0.06) |
Graham Number |
0.00 | 0.00 | 0.00 | 14.02 | 12.40 | 2.55 | 23.74 | 23.70 | 19.85 | 17.56 |
Earnings Yield |
3.12% | 3.53% | 3.43% | 3.85% | 1.18% | 0.07% | 5.54% | 4.89% | 2.67% | 2.92% |
Free Cash Flow Yield |
5.23% | 4.73% | 5.56% | 7.63% | 2.56% | (0.22%) | 5.08% | 5.99% | 5.00% | 5.15% |
Revenue per Share |
33.18 | 28.24 | 23.65 | 17.14 | 10.68 | 6.63 | 13.99 | 12.25 | 10.35 | 8.68 |
Operating CF per Share |
11.60 | 9.90 | 8.13 | 6.58 | 2.75 | 0.08 | 4.52 | 4.50 | 3.81 | 3.22 |
Capex per Share |
(0.40) | (0.51) | (0.38) | (0.37) | (0.30) | (0.28) | (0.34) | (0.37) | (0.24) | (0.18) |
Free Cash Flow per Share |
11.20 | 9.39 | 7.75 | 6.21 | 2.45 | (0.20) | 4.18 | 4.13 | 3.57 | 3.04 |
Cash per Share |
21.20 | 19.23 | 14.04 | 12.44 | 10.87 | 10.80 | 6.79 | 5.30 | 6.04 | 3.48 |
Shareholders Equity per Share |
(6.88) | (4.78) | (3.04) | 2.79 | 6.02 | 4.78 | 5.51 | 7.41 | 9.19 | 7.94 |
Interest Debt per Share |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Book value per Share |
(6.88) | (4.78) | (3.04) | 2.79 | 6.02 | 4.78 | 5.51 | 7.41 | 9.19 | 7.94 |
Free Cash Flow |
9,087.00 | 7,894.00 | 6,999.00 | 6,186.00 | 2,516.00 | (201.00) | 4,497.00 | 4,896.00 | 4,374.00 | 3,764.00 |
Working Capital |
5,566.00 | 4,844.00 | 3,704.00 | 7,324.00 | 6,899.00 | 8,781.00 | 4,467.00 | 4,852.00 | 5,537.00 | 2,542.85 |
Capital Expenditures |
(322.00) | (429.00) | (345.00) | (368.00) | (304.00) | (286.00) | (368.00) | (442.00) | (288.00) | (220.00) |
Net Current Asset Value |
(12,578.00) | (11,237.00) | (10,052.00) | (6,781.00) | (4,318.00) | (4,775.00) | (5,636.00) | (5,495.00) | (5,155.00) | (4,617.31) |
EV/EBIT |
19.87 | 22.20 | 21.90 | 16.04 | 39.69 | 0.00 | 16.99 | 16.14 | 20.01 | 26.15 |
Capex to Sales |
0.01 | 0.02 | 0.02 | 0.02 | 0.03 | 0.04 | 0.02 | 0.03 | 0.02 | 0.02 |
Price to Operating Income |
19.69 | 22.11 | 21.56 | 15.88 | 39.45 | 0.00 | 16.55 | 15.30 | 19.27 | 25.16 |
| Other line items | ||||||||||
Depreciation/Fixed assets |
1.22 | 1.67 | 0.64 | 0.67 | 0.51 | 2.01 | 0.71 | 0.74 | 0.92 | 3.82 |
Cash ROIC |
29.93% | 27.22% | 28.41% | 21.80% | 8.65% | (0.70%) | 19.64% | 19.68% | 14.86% | 17.68% |
Accounts Receivable Turnover |
7.67 | 7.36 | 7.79 | 9.53 | 11.61 | 6.15 | 9.41 | 10.60 | 12.20 | 14.27 |
Accounts Payable Turnover |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.45 | 1.12 |
Inventory Turnover |
— | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Average Days of Payables |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1,007.52 | 368.61 |
Days of Inventory on Hand |
— | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Average Receivables |
3,509.50 | 3,226.00 | 2,741.00 | 1,793.50 | 943.50 | 1,104.50 | 1,601.50 | 1,370.50 | 1,039.06 | 752.64 |
Average Payables |
4,459.00 | 3,599.00 | 2,940.50 | 2,046.50 | 1,160.50 | 987.00 | 1,186.50 | 901.00 | 543.55 | 370.98 |
Average Assets |
28,486.00 | 26,025.00 | 24,851.50 | 24,501.00 | 22,757.50 | 21,638.00 | 22,044.50 | 24,069.00 | 22,644.99 | 18,629.77 |
Average Common Equity |
(4,799.00) | (3,382.00) | 19.00 | 4,480.00 | 5,535.50 | 5,413.00 | 7,359.00 | 10,023.00 | 10,540.57 | 9,307.81 |
Columns are period end dates