Booking Holdings Inc. (BKNG) vs Global Business Travel Group, Inc. (GBTG)
Booking Holdings Inc. and Global Business Travel Group, Inc. are both Travel Services companies. Booking Holdings Inc. is the larger, with a market value of $119.2B against $5.0B — 24.1× the size. Booking Holdings Inc. trades at the lower P/E: 18.1× against 55.9×. Global Business Travel Group, Inc. grew revenue faster over the last twelve months: 30.2% against 12.9%. Booking Holdings Inc. has the higher net margin (25.5% vs 2.77%) and the lower return on invested capital (0.00% vs 1.61%). Across the 21 metrics below, Booking Holdings Inc. leads on 14 and Global Business Travel Group, Inc. on 7.
Valuation
Profitability
| Metric | BKNG | GBTG | Travel Services median |
|---|---|---|---|
| Gross margin | 100.00% | 58.50% | 67.64% |
| Operating margin | 32.87% | 2.14% | 15.06% |
| Net margin | 25.53% | 2.77% | 6.64% |
| Free cash flow margin | 33.78% | 3.21% | 3.21% |
| Return on equity | (82.67%) | 6.17% | 7.53% |
| Return on assets | 23.88% | 1.97% | 3.40% |
| Return on invested capital | 0.00% | 1.61% | 4.65% |
Growth
Health
Dividend
Size
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