Booking Holdings Past Earnings Performance

Past criteria checks 2/6

Booking Holdings has been growing earnings at an average annual rate of 18.8%, while the Hospitality industry saw earnings growing at 31.2% annually. Revenues have been growing at an average rate of 17.8% per year.

Key information

18.8%

Earnings growth rate

24.7%

EPS growth rate

Hospitality Industry Growth	7.1%
Revenue growth rate	17.8%
Return on equity	n/a
Net Margin	21.8%
Last Earnings Update	30 Sep 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Booking Holdings makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

BASE:BKNG Revenue, expenses and earnings (USD Millions)
Date	Revenue	Earnings	G+A Expenses
30 Sep 24	23,052	5,036	12,028
30 Jun 24	22,399	5,030	12,012
31 Mar 24	22,002	4,799	11,812
31 Dec 23	21,365	4,289	11,637
30 Sep 23	20,630	5,302	10,882
30 Jun 23	19,341	4,457	10,287
31 Mar 23	18,173	4,024	9,979
31 Dec 22	17,090	3,058	9,271
30 Sep 22	16,022	2,441	8,596
30 Jun 22	14,646	1,544	7,838
31 Mar 22	12,512	520	6,713
31 Dec 21	10,958	1,165	5,714
30 Sep 21	9,215	382	4,880
30 Jun 21	7,179	414	3,991
31 Mar 21	5,649	703	3,086
31 Dec 20	6,796	59	3,814
30 Sep 20	8,897	1,395	4,590
30 Jun 20	11,297	2,544	5,498
31 Mar 20	14,517	3,401	6,847
31 Dec 19	15,066	4,865	7,004
30 Sep 19	14,940	4,340	9,035
30 Jun 19	14,749	4,157	9,006
31 Mar 19	14,436	4,156	8,828
31 Dec 18	14,527	3,998	6,718
30 Sep 18	14,117	2,797	6,888
30 Jun 18	13,702	2,750	7,112
31 Mar 18	13,190	2,492	7,403
31 Dec 17	12,681	2,341	7,533
30 Sep 17	12,226	3,570	7,265
30 Jun 17	11,483	2,356	6,820
31 Mar 17	11,014	2,216	6,461
31 Dec 16	10,743	2,135	6,172
30 Sep 16	10,395	1,965	5,903
30 Jun 16	9,807	2,656	5,549
31 Mar 16	9,531	2,592	5,276
31 Dec 15	9,224	2,551	5,053
30 Sep 15	9,064	2,499	4,919
30 Jun 15	8,798	2,364	4,777
31 Mar 15	8,641	2,424	4,540
31 Dec 14	8,442	2,422	4,296
30 Sep 14	8,143	2,348	4,062
30 Jun 14	7,576	2,119	3,729
31 Mar 14	7,133	1,980	3,416
31 Dec 13	6,793	1,893	3,165

Quality Earnings: BKNG has high quality earnings.

Growing Profit Margin: BKNG's current net profit margins (21.8%) are lower than last year (25.7%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: BKNG's earnings have grown by 18.8% per year over the past 5 years.

Accelerating Growth: BKNG's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: BKNG had negative earnings growth (-5%) over the past year, making it difficult to compare to the Hospitality industry average (-2.8%).

Return on Equity

High ROE: BKNG's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.

Return on Assets

Return on Capital Employed

Discover strong past performing companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/22 03:46
End of Day Share Price	2024/12/20 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Booking Holdings Inc. is covered by 75 analysts. 36 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
John Staszak	Argus Research Company
Michael Bellisario	Baird
Ishan Majumdar	Baptista Research