Booking Holdings Inc.
Booking Holdings Inc.
Booking Holdings Inc. (BKNG) — SEC Financial Statements & Analysis
Booking Holdings Inc. (BKNG) files its annual 10-K and quarterly 10-Q reports directly with the SEC. The financial data below is sourced as-filed from EDGAR — balance sheet, income statement, and cash flow as reported, without normalization or third-party adjustments.
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Financial Statements
Values in Millions ($) | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Assets | |||||||||||||||||
Assets Current | |||||||||||||||||
Cash And Cash Equivalents At Carrying Value | 16,024 | 17,203 | 16,509 | 17,595 | 15,578 | 16,164 | 15,775 | 16,290 | 15,629 | 12,107 | 13,294 | 14,602 | |||||
Accounts And Other Receivables Net Current | 3,520 | 3,820 | 4,013 | 4,370 | 3,290 | 3,199 | 3,649 | 3,814 | 3,296 | 3,253 | 3,447 | 2,805 | |||||
Short Term Investments | - | - | - | - | - | 0 | 0 | 37 | 362 | 576 | -18 | 287 | |||||
Prepaid Expense Current | 619 | 611 | 579 | 626 | 530 | 587 | 490 | 670 | 737 | 644 | 680 | 849 | |||||
Other Assets Current | 771 | 630 | 602 | 672 | 552 | 541 | 615 | 482 | 452 | 454 | 434 | 453 | |||||
Assets Current | 20,934 | 22,264 | 21,703 | 23,263 | 19,950 | 20,491 | 20,529 | 21,293 | 20,476 | 17,034 | 18,479 | 19,349 | |||||
Property Plant And Equipment Net | 784 | 807 | 817 | 848 | 857 | 832 | 882 | 875 | 805 | 784 | 733 | 732 | |||||
Operating Lease Right Of Use Asset | 607 | 632 | 605 | 593 | 555 | 559 | 600 | 637 | 663 | 705 | 643 | 608 | |||||
Intangible Assets Net Excluding Goodwill | 882 | 918 | 961 | 1,291 | 1,333 | 1,382 | 1,450 | 1,498 | 1,553 | 1,613 | 1,660 | 1,722 | |||||
Goodwill | 2,662 | 2,669 | 2,669 | 2,855 | 2,816 | 2,799 | 2,838 | 2,814 | 2,815 | 2,826 | 2,804 | 2,821 | |||||
Long Term Investments | 473 | 582 | 651 | 559 | 538 | 536 | 500 | 468 | 443 | 440 | 420 | 440 | |||||
Other Assets Noncurrent | 1,378 | 1,392 | 1,346 | 1,275 | 1,142 | 1,109 | 1,179 | 956 | 973 | 940 | 896 | 886 | |||||
Assets | 27,720 | 29,264 | 28,752 | 30,684 | 27,191 | 27,708 | 27,978 | 28,541 | 27,728 | 24,342 | 25,635 | 26,558 | |||||
Liabilities And Stockhold… | |||||||||||||||||
Liabilities Current | |||||||||||||||||
Accounts Payable Current | 4,131 | 5,094 | 4,025 | 4,280 | 3,292 | 3,824 | 4,065 | 3,928 | 3,268 | 3,374 | 3,020 | 2,123 | |||||
Accrued Liabilities Current | 4,476 | 4,454 | 4,958 | 4,208 | 5,576 | 6,047 | 5,287 | 3,900 | 4,774 | 4,741 | 4,182 | 3,463 | |||||
Long Term Debt Current | 3,015 | 1,880 | 999 | 999 | 655 | 1,745 | 2,419 | 3,447 | 3,462 | 1,961 | 1,913 | 855 | |||||
Liabilities Current | 19,811 | 16,698 | 16,265 | 18,636 | 16,394 | 15,647 | 16,678 | 18,206 | 16,832 | 13,330 | 12,832 | 12,481 | |||||
Deferred Income Tax Liabilities Net | - | 17 | 14 | 36 | 154 | 289 | 191 | 264 | 287 | 258 | 350 | 338 | |||||
Operating Lease Liability Noncurrent | 530 | 557 | 533 | 517 | 476 | 483 | 508 | 529 | 556 | 599 | 547 | 533 | |||||
Tax Cuts And Jobs Act Of2017 Transition Tax For Ac… | - | 0 | 0 | 0 | 257 | 257 | 257 | 257 | 515 | 515 | 515 | 516 | |||||
Other Liabilities Noncurrent | 705 | 714 | 679 | 679 | 653 | 199 | 204 | 200 | 152 | 161 | 160 | 157 | |||||
Long Term Debt Noncurrent | 15,398 | 16,856 | 15,997 | 17,473 | 15,369 | 14,853 | 13,793 | 13,361 | 13,438 | 12,223 | 11,856 | 13,198 | |||||
Liabilities | 36,444 | 34,842 | 33,488 | 37,341 | 33,303 | 31,728 | 31,631 | 32,817 | 31,780 | 27,086 | 26,260 | 27,223 | |||||
Stockholders Equity | |||||||||||||||||
Common Stock Value | 13 | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Treasury Stock Value | -58,337 | -54,315 | -52,175 | -51,502 | -50,131 | -47,877 | -46,734 | -44,958 | -43,330 | -41,426 | -38,944 | -36,319 | |||||
Additional Paid In Capital | 8,490 | 8,356 | 8,186 | 8,028 | 7,866 | 7,707 | 7,635 | 7,479 | 7,330 | 7,175 | 6,996 | 6,848 | |||||
Retained Earnings Accumulated Deficit | 41,420 | 40,670 | 39,553 | 37,119 | 36,539 | 36,525 | 35,749 | 33,527 | 32,304 | 31,830 | 31,608 | 29,097 | |||||
Accumulated Other Comprehensive Income Loss Net Of… | -310 | -290 | -301 | -303 | -387 | -375 | -303 | -324 | -356 | -323 | -285 | -291 | |||||
Stockholders Equity | -8,724 | -5,578 | -4,736 | -6,657 | -6,112 | -4,020 | -3,653 | -4,276 | 4,052 | -2,744 | -625 | -665 | |||||
Liabilities And Stockholders Equity | 27,720 | 29,264 | 28,752 | 30,684 | 27,191 | 27,708 | 27,978 | 28,541 | 27,728 | 24,342 | 25,635 | 26,558 | |||||
Allowance For Doubtful Accounts Receivable Current | 145 | 137 | 152 | 145 | 137 | 146 | 131 | 111 | 157 | 137 | 116 | 87 | |||||
Common Stock Par Or Stated Value Per Share | 0.008 | 0.008 | 0.008 | 0.008 | 0.008 | 0.008 | 0.008 | 0.008 | 0.008 | 0.008 | 0.008 | 0.008 | |||||
Longterm Investments | - | - | - | - | - | 715 | 0 | 0 | 715 | 715 | 678 | -337 | |||||
Debt Securities Available For Sale Amortized Cost … | - | - | - | - | - | - | - | - | - | 580 | - | - | |||||
Common Stock Shares Authorized | 25,000 | 24,000 | 24,000 | 24,000 | 24,000 | 24,000 | 24,000 | 24,000 | 24,000 | 24,000 | 24,000 | 24,000 | |||||
Common Stock Shares Issued | 1,618 | 1,549 | 1,548 | 1,548 | 1,548 | 1,543 | 1,542 | 1,542 | 1,542 | 1,537 | 1,537 | 1,536 | |||||
Treasury Stock Common Shares | 838 | 33 | 32 | 32 | 32 | 31 | 31 | 31 | 30 | 30 | 29 | 28 | |||||
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Earnings Market Reaction
| Fiscal Year | Q1 1 Month | Q1 2 Month | Q1 3 Month | Q2 1 Month | Q2 2 Month | Q2 3 Month | Q3 1 Month | Q3 2 Month | Q3 3 Month | Q4 1 Month | Q4 2 Month | Q4 3 Month |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -7.11% | -0.67% | - | - | - | - | - | - | - | - | - | - |
| 2025 | 8.63% | 8.23% | 16.37% | 2.33% | -2.45% | -9.16% | -6.89% | 5.54% | 0.10% | -0.45% | 1.79% | -2.63% |
| 2024 | 9.28% | 15.13% | 14.50% | 4.54% | 11.17% | 19.01% | 15.98% | 13.28% | 10.55% | -10.83% | -8.42% | 1.29% |
| 2023 | -0.48% | 0.78% | 12.28% | 7.13% | 7.84% | -2.93% | 9.76% | 24.56% | 27.40% | -12.28% | -9.26% | -2.22% |
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Performance and Valuation Metrics
Metrics | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Liquidity Ratios | |||||||||||||||||
| Current Ratio | 1.06 | 1.33 | 1.33 | 1.25 | 1.22 | 1.31 | 1.23 | 1.17 | 1.22 | 1.28 | 1.44 | 1.55 | |||||
| Quick Ratio | 1.03 | 1.30 | 1.30 | 1.21 | 1.18 | 1.27 | 1.20 | 1.13 | 1.17 | 1.23 | 1.39 | 1.48 | |||||
| Working Capital | 1.12B | 5.57B | 5.44B | 4.63B | 3.56B | 4.84B | 3.85B | 3.09B | 3.64B | 3.70B | 5.65B | 6.87B | |||||
Leverage & Debt | |||||||||||||||||
| Debt to Equity | -4.18 | -6.25 | -7.07 | -5.61 | -5.45 | -7.89 | -8.66 | -7.67 | -7.84 | -9.87 | -42.02 | -40.94 | |||||
| Interest Coverage TTM | 7.40 | 5.46 | 4.55 | 4.37 | 4.54 | 5.83 | 6.46 | 6.73 | 6.70 | 6.51 | 7.88 | 8.87 | |||||
| Debt Ratio | 1.31 | 1.19 | 1.16 | 1.22 | 1.22 | 1.15 | 1.13 | 1.15 | 1.15 | 1.11 | 1.02 | 1.03 | |||||
Efficiency & Turnover | |||||||||||||||||
| Asset Turnover TTM | 1.01 | 0.94 | 0.92 | 0.85 | 0.88 | 0.91 | 0.86 | 0.81 | 0.83 | 0.86 | 0.87 | 0.76 | |||||
Per Share Metrics | |||||||||||||||||
| Diluted EPS TTM | 7.75 | 6.90 | 6.46 | 6.15 | 6.85 | 7.49 | 6.45 | 6.37 | 6.00 | 5.10 | 6.39 | 5.23 | |||||
| Free Cash Flow Per Share TTM | 11.43 | 11.67 | 10.70 | 11.85 | 10.76 | 10.19 | 11.05 | 9.63 | 8.59 | 8.41 | 9.57 | 7.63 | |||||
| Dividend Per Share TTM | 1.61 | 1.60 | 1.58 | 1.55 | 1.51 | 1.52 | 1.15 | 0.76 | 0.38 | 0.00 | 0.00 | 0.00 | |||||
Margin Metrics | |||||||||||||||||
| Gross Profit Margin TTM | 86.99% | 87.36% | 86.99% | 86.77% | 86.63% | 90.27% | 94.59% | 99.44% | 104.19% | 104.20% | 104.04% | 103.53% | |||||
| Operating Profit Margin TTM | 32.63% | 32.79% | 32.74% | 32.85% | 32.49% | 31.83% | 27.92% | 28.39% | 28.07% | 27.31% | 31.85% | 31.29% | |||||
| Net Profit Margin TTM | 22.23% | 20.08% | 19.37% | 19.23% | 22.58% | 24.78% | 21.85% | 22.46% | 21.81% | 20.07% | 25.70% | 23.04% | |||||
Growth Metrics | |||||||||||||||||
| Net Revenue Growth (1Y) | 14.95% | 13.39% | 12.96% | 11.72% | 9.47% | 11.11% | 11.74% | 15.81% | 21.07% | 25.01% | 28.76% | 32.06% | |||||
| Net Income Growth (1Y) | 13.15% | -8.13% | 0.16% | -4.31% | 13.34% | 37.14% | -5.02% | 12.86% | 19.26% | 40.26% | 117.21% | 188.67% | |||||
| EPS Growth (1Y) | 12.88% | -8.62% | -0.83% | -4.34% | 13.33% | 47.41% | 1.15% | 22.32% | 31.17% | 54.74% | 141.60% | 218.84% | |||||
Valuation Metrics | |||||||||||||||||
| P/E TTM | 21.57 | 30.73 | 33.06 | 37.21 | 26.43 | 25.86 | 25.39 | 24.17 | 23.40 | 26.97 | 18.67 | 20.05 | |||||
| P/B | -15.21 | -29.77 | -35.21 | -26.90 | -23.52 | -37.83 | -35.01 | -28.43 | -27.71 | -42.16 | -158.39 | -134.40 | |||||
| P/S TTM | 4.79 | 6.17 | 6.40 | 7.16 | 5.97 | 6.41 | 5.55 | 5.43 | 5.10 | 5.41 | 4.80 | 4.62 | |||||
| Market Cap | 132.71B | 166.04B | 166.73B | 179.08B | 143.77B | 152.09B | 127.88B | 121.56B | 112.27B | 115.69B | 98.99B | 89.38B | |||||
| Enterprise Value | 134.94B | 167.51B | 167.20B | 179.91B | 144.18B | 152.49B | 128.28B | 122.04B | 113.51B | 117.74B | 99.44B | 88.80B | |||||
Calculated Values | |||||||||||||||||
| Free Cash Flow TTM | 9.03B | 9.09B | 8.32B | 9.24B | 8.48B | 7.89B | 8.50B | 7.51B | 6.77B | 7.00B | 7.85B | 6.45B | |||||
| Net Debt | 2.23B | 1.47B | 469.00M | 835.00M | 411.00M | 405.00M | 404.00M | 479.00M | 1.24B | 2.05B | 443.00M | -577.00M | |||||
Per-Share and Margin | |||||||||||||||||
| EPS TTM | |||||||||||||||||
| Adjusted EPS TTM | |||||||||||||||||
| Cash Flow Per Share TTM | |||||||||||||||||
| Pretax Margin TTM | |||||||||||||||||
| Stock Comp to Revenue TTM | |||||||||||||||||
Turnover Ratios and Averages | |||||||||||||||||
| Average Assets | |||||||||||||||||
| Average Equity | |||||||||||||||||
| Average Inventory | |||||||||||||||||
| Average Receivables | |||||||||||||||||
| Average Accounts Payables | |||||||||||||||||
| Inventory Turnover TTM | |||||||||||||||||
| Payables Turnover TTM | |||||||||||||||||
| Days Inventory Outstanding TTM | |||||||||||||||||
| Days Payables Outstanding TTM | |||||||||||||||||
| Cash Conversion Cycle TTM | |||||||||||||||||
| Working Capital to Revenue | |||||||||||||||||
| Deferred Revenue to Revenue | |||||||||||||||||
Growth Rates | |||||||||||||||||
| Total Assets Growth (1Y) | |||||||||||||||||
| Total Assets Growth (3Y) | |||||||||||||||||
| Total Assets Growth (5Y) | |||||||||||||||||
| Dividends Paid Growth (1Y) | |||||||||||||||||
| Dividends Paid Growth (3Y) | |||||||||||||||||
| Dividends Paid Growth (5Y) | |||||||||||||||||
| EPS Growth (3Y) | |||||||||||||||||
| EPS Growth (5Y) | |||||||||||||||||
| Net Income Growth (3Y) | |||||||||||||||||
| Net Income Growth (5Y) | |||||||||||||||||
| Net Profit Margin Growth (1Y) | |||||||||||||||||
| Net Profit Margin Growth (3Y) | |||||||||||||||||
| Net Profit Margin Growth (5Y) | |||||||||||||||||
| Net Revenue Growth (3Y) | |||||||||||||||||
| Net Revenue Growth (5Y) | |||||||||||||||||
| Deferred Revenue Growth (1Y) | |||||||||||||||||
| Retained Earnings Growth (1Y) | |||||||||||||||||
Credit, Liquidity, Returns, Payout | |||||||||||||||||
| Cash Ratio | |||||||||||||||||
| Net Working Capital | |||||||||||||||||
| Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to Equity | |||||||||||||||||
| Altman A | |||||||||||||||||
| Altman B | |||||||||||||||||
| Altman C | |||||||||||||||||
| Altman D | |||||||||||||||||
| Altman E | |||||||||||||||||
| Altman Z-Score | |||||||||||||||||
| ROA TTM | |||||||||||||||||
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| NOPAT TTM | |||||||||||||||||
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| Payout Ratio TTM | |||||||||||||||||
| Dilution Ratio | |||||||||||||||||
| Retained Earnings to Equity | |||||||||||||||||
| Treasury Stock to Equity | |||||||||||||||||
| Treasury Stock Change (1Y) | |||||||||||||||||
| Accrued to Current Liabilities | |||||||||||||||||
Valuation Ratios | |||||||||||||||||
| P/CF TTM | |||||||||||||||||
| Dividend Yield TTM | |||||||||||||||||
| Free Cash Flow Yield TTM | |||||||||||||||||
| EV EBITDA TTM | |||||||||||||||||
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| Stock Compensation TTM | |||||||||||||||||
| Adjusted Net Income TTM | |||||||||||||||||
| Billings TTM | |||||||||||||||||
| Total Debt | |||||||||||||||||
| Invested Capital | |||||||||||||||||
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