Superworth

Booking BKNG

Travel Services, Consumer Cyclical
$155.83
−3.27%
Market cap
$117.1B
PE
17.2×
10y median 32.2×
Forward PE
14.0×
10y median 23.3×
Price to sales
4.1×
EV/EBIT
11.9×
Revenue, 12 months
$28.2B
+13% on a year ago
Net margin
25.5%
Free cash flow yield
8.1%

Booking trades at 17.2× trailing earnings, cheaper than 98% of the last ten years. Revenue was $28.2B over the last twelve months, up 13% on a year earlier with a 26% net margin.

Charts

Financials

Income statement for BKNG, by quarter
Income statementQ3 FY23Q4 FY23Q1 FY24Q2 FY24Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
$7.3B+21%$4.8B+18%$4.4B+17%$5.9B+7%$8B+9%$5.5B+14%$4.8B+8%$6.8B+16%$9B+13%$6.3B+16%$5.5B+16%$7.4B+8%
Cost of revenuen/an/an/an/an/an/an/an/an/an/an/an/a
Gross profitn/an/an/an/an/an/an/an/an/an/an/an/a
SG&A$2.3B+13%$2.2B+34%$1.8B+1%$2.1B−0%$2.7B+17%$1.7B−20%$1.9B+7%$2.3B+14%$2.6B−5%$2.2B+26%$2.2B+13%$2.6B+11%
$3.1B+20%$609M−55%$791M+76%$1.9B+11%$3.2B+2%$1.7B+184%$1.1B+34%$2.3B+21%$3.5B+10%$2B+17%$1.3B+20%$2.5B+11%
Interest expense$254M+149%$208M+43%$219M+13%$264M+10%$305M+20%$507M+144%$649M+196%$418M+58%$301M−1%$249M−51%$253M−61%$300M−28%
Pre-tax income$3.1B+45%$411M−72%$937M+209%$1.9B+19%$2.9B−9%$1.6B+281%$396M−58%$1.1B−43%$3.5B+21%$1.9B+19%$1.4B+253%$2.6B+132%
$638M+25%$189M−13%$161M+335%$401M+22%$352M−45%$496M+162%$63M−61%$209M−48%$721M+105%$435M−12%$316M+402%$610M+192%
Net income$2.5B+51%$222M−82%$776M+192%$1.5B+18%$2.5B+0%$1.1B+381%$333M−57%$895M−41%$2.7B+9%$1.4B+34%$1.1B+225%$1.9B+118%
$2.79+66%$0.25−80%$0.89+220%$1.78+27%$2.97+7%$1.28+407%$0.40−55%$1.10−38%$3.38+14%$1.77+38%$1.36+240%$2.53+130%
899.7M−9%880.5M−9%867.6M−9%856.7M−7%846.6M−6%835.7M−5%827M−5%815M−5%814M−4%807.4M−3%794M−4%770M−6%

Net income: 42 periods, Q1 FY16 to Q2 FY26: not printed by the filing, worked out from its own lines.

EPS, diluted: 9 periods, Q4 FY09 to Q4 FY25: quarter's net income to common over its shares, to the cent.

Diluted shares: 15 periods, Q4 FY09 to Q4 FY25: share-days: the 12-month average less the 9-month, weighted by days. Q4 FY17 and Q4 FY20: a loss quarter: its basic count, share-days: the 12-month average less the 9-month, weighted by days.

From each company's 10-Q and 10-K filings, the newest version of each figure. Quarters are as filed (a fourth quarter is the year less its first nine months), fiscal years as the 10-K prints them, restated where a later 10-K restated them, and balance sheet lines as of the period's end. A quarter whose 10-Q isn't filed yet is from the company's results release. Growth is on the same period a year earlier. A dash is a period with no figure for the line: the filing doesn't print it, or it hasn't been read yet.

Estimates

Next earnings report: .

QuarterRevenueRangeEPSRangeAnalysts
Q3 FY26$9.5B$9.4B to $9.7B$4.49$4.31 to $4.6418
Q4 FY26$6.8B$6.7B to $6.9B$2.31$2.20 to $2.5918
Q1 FY27$5.9B$5.8B to $6.1B$1.38$1.34 to $1.438
Q2 FY27$8B$7.9B to $8.3B$2.94$2.85 to $3.058
Q3 FY27$10.5B$10.2B to $10.7B$5.21$5.05 to $5.3912
Q4 FY27$7.4B$7.3B to $7.6B$2.71$2.63 to $2.818
Q1 FY28$6.5B$6.3B to $6.6B$1.65$1.60 to $1.7117
Q2 FY28$8.6B$8.4B to $8.9B$3.59$3.48 to $3.7211

Peers

Companies in Travel Services nearest Booking's size, closest first.

CompanyMarket capPEIts 10y median PEFwd PEP/SRevenue growthNet margin
BKNGBooking$117.1B17.2×32.2×14.0×4.1×+13%25.5%
ABNBAirbnb$103B39.1×34.8×30.1×7.8×+14%20.4%
RCLRoyal Caribbean Cruises$73.9B17.1×17.0×14.6×4.0×+9%23.5%
CCLCarnival$35.1B11.5×15.0×10.9×1.3×+5%11.4%
EXPEExpedia$34.7B18.0×31.7×12.8×2.2×+12%13.0%
ROLRollins$16.8B31.7×53.8×n/m4.3×+10%13.6%
Peer median$35.1B18.0×31.7×13.7×4.0×+10%13.6%

Investors who own it

Investors we follow who held Booking at the end of Jun 30, 2026, from their 13F filings.

More on Booking

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Where it ranks

Its groups

About

Industry
Travel Services
Sector
Consumer Cyclical

Valuation data, not investment advice. Prices as of .