Companies / Consumer Discretionary
BKNG
Booking Holdings
Hotels, Resorts & Cruise Lines
Hotels, Resorts & Cruise LinesAnalysis in progress
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Business at a glance
Operating-health scores describe reported fundamentals on a 0–100 scale. They are not a rating of the stock. How they work
Operating health84
Growth74
Profitability90
Cash generation100
Balance sheet60
Dilution control96
Key ratios and five-year financials
Latest quarter revenue YoY (2026-09-30)-1.3%Revenue growth (FY)13.4%Revenue CAGR (3y)16.3%Gross margin—Operating margin32.8%Net margin20.1%Free cash flow margin33.8%R&D / revenue—Stock comp / revenue2.3%Net debt / operating cash flow0.36xCurrent ratio1.33Diluted share count change-4.2%
| Fiscal year ending | FY 2021-12 | FY 2022-12 | FY 2023-12 | FY 2024-12 | FY 2025-12 |
|---|---|---|---|---|---|
| Revenue | $11.0B | $17.1B | $21.4B | $23.7B | $26.9B |
| Operating income | $2.5B | $5.1B | $5.8B | $7.6B | $8.8B |
| Net income | $1.2B | $3.1B | $4.3B | $5.9B | $5.4B |
| Operating cash flow | $2.8B | $6.6B | $7.3B | $8.3B | $9.4B |
| Capital expenditure | $304M | $368M | $345M | $429M | $322M |
| Free cash flow | $2.5B | $6.2B | $7.0B | $7.9B | $9.1B |
| Stock-based comp | $370M | $404M | $530M | $599M | $613M |
| Buybacks | $163M | $6.6B | $10.4B | $6.5B | $6.4B |
| Dividends | — | $0 | $0 | $1.2B | $1.2B |
| Cash | $11.1B | $12.2B | $12.1B | $16.2B | $17.2B |
| Total debt | $10.9B | $13.0B | $16.1B | $18.3B | $20.6B |
| Equity | $6.2B | $2.8B | -$2.7B | -$4.0B | -$5.6B |
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