Stock · BKNG · Consumer Cyclical

Booking Holdings Inc

United States · Large Cap · listed since 1999 · Revenue 12 mo. $28.2B

Price as of 11/06/2026

StockScorer score
6.4
of 10 7 of 11 points High Match To the score
Price
$160.67
1 Y −27.6%
Market cap
$119.9B
Phase
Growth
revenue growing, core business profitable
Revenue +16.3% a year (3 years)EBIT margin 34.5%Payout 81.5% of operating cash flow

Booking Holdings Inc., together with its subsidiaries, provides online and traditional travel and restaurant reservations and related services in the United States, the Netherlands, the United Kingdom, and internationally.

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Booking Holdings Inc., together with its subsidiaries, provides online and traditional travel and restaurant reservations and related services in the United States, the Netherlands, the United Kingdom, and internationally. The company operates Booking.com, which offers online accommodation reservations; and Priceline, which provides discount travel reservations services, as well as online accommodation, flight, rental car reservation services, vacation packages, cruises, activity, and affiliate programs. It also operates Agoda that offers online accommodation reservation, flight, ground transportation, and attractions. In addition, the company operates KAYAK, an online meta-search service that allows consumers to search and compare travel itineraries and prices; and OpenTable for booking online restaurant reservations, as well as reservation management services to restaurants. Further, it offers travel-related insurance products, payment facilitation, and restaurant management services to consumers, travel service providers, and restaurants; and advertising services. The company was formerly known as The Priceline Group Inc. and changed its name to Booking Holdings Inc. in February 2018. Booking Holdings Inc. was founded in 1997 and is headquartered in Norwalk, Connecticut.

Original text from the data provider

Summary

Booking Holdings Inc is around the middle of the Consumer Cyclical sector overall

54.7 of 100

Mean of the six area values. Each area value is the mean of the stock's ranks among the companies in its sector. 50 is the middle of the sector, not a share of companies beaten.

Analysis

What the price requires

The price requires 2.4% FCF growth a year, less than achieved over the last 5 and 10 years.

If free cash flow stays at €8.2B (2025), it supports €90.6B. The remaining €17B of the market value assume it grows 2.4% a year for 10 years and not at all afterwards.

Required FCF growth per year

2.4%

no growth afterwards

Market value breakdown€107.6B market value, price as of 11/06/2026

€90.6B without growth
€17B priced-in growth
  • 5 yrs achieved 41.3%
  • 10 yrs achieved 10.3%
  • priced in 2.4%

Valuation against its own history

Price to operating cash flow 12.5×, below its usual range.

Middle half of 20 quarters: 14.0× to 19.8×, median 17.0×.

Measures only against its own past, not against what the company is worth. Price as of 11/06/2026.

3 signs support the expectation, none speaks against it.

What supports it

with respect to the priced-in expectation

  • Expectation below the company's own record priced in 2.4%, achieved at least 10.3%
  • High, stable gross margin median 100.0%, range 3.9 pp (10 years)
  • Low capital needs capex median 2.4% of revenue (10 years)

What speaks against it

with respect to the priced-in expectation

No anomaly in the stored figures.

Since the last quarter

Q1 → Q2 2026

Mostly better than the previous quarter: 3 of 4 changes for the better.

  • FCF, 12 mo.$9.0B → $9.5B+5.6%better
  • FCF margin32.6% → 33.8%+1.2 ppbetter
  • Net debt$2.9B → $3.5B+19.2%worse
  • Shares outstanding794M → 770M−3.0%better

3 more unchanged: Revenue, 12 mo., Gross margin, EBIT margin

Derivation

How the sector comparison is derived

Each area value is the average of its metrics' ranks within the sector (0 to 100, 50 is the middle). For metrics where lower is better, the rank is mirrored. The overall value is the average of the area values.

Price as of 11/06/2026.

Profitability78.3above the middleEarns more than the sector: Gross margin 100.00%, sector 34.00%.
MetricStockSector medianPosition in sector
Return on equity−95.80%11.07%Rank 1
Return on capital (Greenblatt)145.65%17.91%Rank 97
EBIT margin34.48%10.89%Rank 96
FCF margin33.76%8.07%Rank 98
Gross margin100.00%34.00%Rank 99
Growth68.5above the middleGrows faster than the sector: Earnings growth, 5 years per year 158.54%, sector 15.10%.
MetricStockSector medianPosition in sector
Revenue growth, 1 year13.39%5.10%Rank 81
Earnings growth, 3 years per year29.44%8.34%Rank 83
Earnings growth, 5 years per year158.54%15.10%Rank 100
Sustainable growth (ROE × retained earnings)1.20%4.34%Rank 11
Valuation51.8around the middleValued about like the sector.
MetricStockSector medianPosition in sector
Earnings yield4.12%4.32%Rank 48
FCF yield7.58%4.17%Rank 78
EV/saleslower is better4.511.95Rank 16
EV/EBITlower is better13.0816.88Rank 65
Momentum21.1below the middleShare price doing worse than the sector: Share price, 3 months −19.94%, sector 2.92%.
MetricStockSector medianPosition in sector
Share price, 1 year−27.62%−4.35%Rank 19
Share price, 6 months−2.69%3.63%Rank 33
Share price, 3 months−19.94%2.92%Rank 7
Distance from 52-week high−26.87%−15.83%Rank 26
Quality74.5above the middleQuality above the sector: Accruals (Sloan) −12.96%, sector 0.39%.
MetricStockSector medianPosition in sector
Accruals (Sloan)lower is better−12.96%0.39%Rank 100
Change in share countlower is better−4.18%−0.37%Rank 82
Dividend streak in years14Rank 29
Price reaction to results, market-adjusted6.61%0.16%Rank 88
Balance sheet & risk33.6below the middleMore risk than the sector: Equity ratio −19.06%, sector 40.59%.
MetricStockSector medianPosition in sector
Equity ratio−19.06%40.59%Rank 3
Net debt/EBITDAlower is better0.160.99Rank 65
Debt to equitylower is betterdoes not count towards the rank−2.170.49
Volatility, 1 yearlower is better37.91%33.42%Rank 33

Ten years in figures

Revenue from $10.7B (2016) to $26.9B (2025), 10.7% a year.

Fiscal years, amounts in USD
YearRevenue, $BEBIT marginFCFSharesNet debt
201610.727.1%$3.7B1.25B$5.1B
201712.735.8%$4.4B1.25B$7.0B
201814.536.8%$4.9B1.20B$6.0B
201915.135.5%$4.5B1.09B$2.8B
20206.8−9.3%−$201.0M1.03B$1.8B
202111.022.8%$2.5B1.03B$150.0M
202217.129.9%$6.2B1.00B$816.0M
202321.427.3%$7.0B913M$2.7B
202423.731.8%$7.9B852M$917.0M
202526.934.5%$9.1B816M$2.1B
6.4 / 10High MatchStockScorer score7 of 11 points

4 of 7 StockScorer Score rules met · How the score is built

Booking Holdings Inc mainly meets criteria in the Valuation category. Result from 18 strategies checked.

This stock · Profitability: 67%This stock · Growth: 50%This stock · Valuation: 100%This stock · Momentum: 0%Median of all stocks · Profitability: 33%Median of all stocks · Growth: 0%Median of all stocks · Valuation: 0%Median of all stocks · Momentum: 0%50%100%ProfitabilityGrowthValuationMomentumThis stockMedian of all stocks

How Booking Holdings Inc's score is built

Booking Holdings Inc is rated here with the StockScorer Score strategy, the flagship rule set. It compares return and cash-flow metrics with the median of the company's own sector and checks growth and price trend.

4 of 7 rules met

7 of 11 points

  1. Free cash flow yield above the sector medianmet2 of 2 points
  2. Return on capital (Greenblatt ROC) above the sector medianmet2 of 2 points
  3. Return on equity above the sector mediannot met0 of 1 point
  4. Free cash flow margin above the sector medianmet2 of 2 points
  5. Revenue growth above 15%not met0 of 2 points
  6. 3-year earnings growth above 12% p.a.met1 of 1 point
  7. 12-month share price more than 20 percentage points ahead of the marketnot met0 of 1 point
  8. Exclusion: financial and real estate stocksdoes not apply

Detail data

How does Booking Holdings Inc stock perform across 18 strategies?

Excerpt from 18 strategies checked. The full evaluation is visible after a free sign-up.

12 more strategies locked

With a free account, you can see the match across all strategies checked in one complete overview.

  • High-Growth / Rule of 40
  • Altman Z-Score: Stress Test
  • Magic Formula: Value + Quality
  • Growth Momentum (CAN SLIM principle)
  • Trending Value: Value + Momentum
  • Balanced GARP
  • Dividend Quality: 4 Factors
  • Undervalued Stocks: Multi-Factor Check
  • Acquirer's Multiple: EV/EBIT Deep Value
  • Defensive: Low Volatility
  • Dividend Aristocrats & Continuity
  • Levermann Strategy (13 Criteria)

Booking Holdings Inc key metrics: P/E, P/B and equity ratio

Selected fundamental metrics for Booking Holdings Inc.

MetricStockSector
P/E ratio24.321.6
P/B ratio−15.72.4
Return on equity (ROE)−95.8%11.1%
Equity ratio−19.1%40.6%
Debt-to-equity (D/E)−2.170.49
Dividend yield1.0%2.2%

Similar stocks in Consumer Cyclical

How comparable stocks in the same sector score in the StockScorer model.

SymbolCompanyRating
BKNGBooking Holdings Incthis page
ABNBAirbnb IncHigh8.2
RCLRoyal Caribbean Cruises LtdLow0.9
CCLCarnival CorporationLow4.5
EXPEExpedia Group Inc.locked
VIKViking Holdings Ltdlocked

Frequently asked questions about Booking Holdings Inc stock

How does Booking Holdings Inc stock (BKNG) score in the StockScorer model?
Booking Holdings Inc stock reaches a StockScorer score of 6.4 out of 10, which is a high match with the rule-based strategies. 4 out of 7 flagship profile rules are met.
What is Booking Holdings Inc's P/E ratio?
Booking Holdings Inc's P/E ratio is 24.3. The Consumer Cyclical sector median is 21.6.
What sector is Booking Holdings Inc in?
Booking Holdings Inc is assigned to the Consumer Cyclical sector. Its rank within the sector is 54.7 out of 100: 100 means the stock leads its peer group of large and mid-cap sector stocks in every measured area.

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