Stocks · Consumer Cyclical · Travel Services
Booking Holdings Inc. BKNG
$159.02 -0.79% Close, Oct 2, 2026 · NASDAQ · Market cap $123.22B
High quality
Next earnings report: Oct 27, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- At 17.6× trailing earnings, the shares trade at the lowest P/E of the company's past five years.
- Diluted EPS over the last four quarters was $9.02, up 56.8% year over year.
- The diluted share count fell 5.6% in a year, mainly through buybacks.
PromtFinance scores
Each score is a percentile within the Consumer Cyclical sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
Growth78Positive
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Top 19%
- EPS growth (TTM, YoY)Top 17%
- FCF growth (TTM, YoY)Bottom 41%
- Revenue growth, 3-year CAGRTop 10%
- Revenue growth accelerationBottom 19%
Quality99Exceptional
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalTop 1%
- Gross marginTop 1%
- Operating marginTop 1%
- Cash conversion (OCF / net income)Bottom 32%
- Accruals (lower is better)Top 25%
- Net debt / EBITDA (lower is better)Top 18%
- Interest coverTop 32%
Value63Neutral
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldTop 37%
- Free-cash-flow yieldTop 36%
- EBITDA / enterprise valueTop 46%
- Sales / enterprise valueBottom 7%
- P/E vs own 5-year history (lower is better)Top 8%
Momentum39Weak
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthBottom 44%
- 6-month returnBottom 41%
- 1-year return vs S&P 500Bottom 29%
- Distance from 52-week highBottom 46%
- Trend checklist (0–4)Bottom 47%
Revisions64Neutral
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersBottom 36%
- Consecutive EPS beatsBottom 48%
- Share of analysts rating BuyTop 27%
- Upside to consensus price targetTop 32%
Stability76Positive
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Top 47%
- Maximum drawdown, 3 yearsTop 13%
- Beta vs S&P 500 (lower is better)Bottom 47%
- Net debt / EBITDA (lower is better)Top 18%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 15.0% | 12.9% | ↓ |
| EPS growth (YoY) | 17.9% | 56.8% | ↑ |
| Gross margin | 100.0% | 100.0% | → |
| Operating margin | 32.8% | 34.5% | ↑ |
| FCF margin | 36.9% | 33.8% | ↓ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 12.9% | 15.0% | ↓ | Top 19% |
| EPS growth (TTM, YoY) | 56.8% | 17.9% | ↑ | Top 17% |
| Gross margin | 100.0% | 100.0% | → | Top 1% |
| Operating margin | 34.5% | 32.8% | ↑ | Top 1% |
| Net margin | 25.5% | 19.2% | ↑ | — |
| Free-cash-flow margin | 33.8% | 36.9% | ↓ | — |
| Return on invested capital | 71.2% | — | Top 1% | |
| Revenue growth, 3-year CAGR | 16.3% | — | Top 10% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 1.37×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -8.9%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 2.1%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- -13.5 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 0.32×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 8.8×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 1.04%
- Net buyback yield (TTM)
- 8.53%
- Shareholder yield
- 9.57%
- Share count change, 1 year
- -5.6%
- Share count change, 3-year CAGR
- -5.9%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 30, 2026 (filed Aug 4, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 2
- Beats in the last 8 reports
- 7 of 8
- Average EPS surprise, last 4
- +3.5%
- Average 2-day reaction, last 8
- -0.4%
- Positive 20 days after report
- 5 of 8
Analysts
- Consensus price target
- $232.00
- Target vs current price
- +45.9%
- Analysts with a rating
- 71
- Share rating Buy or Strong Buy
- 65%
- Consensus rating
- Buy
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Aug 4, 2026 | +4.5% | +0.8% | +10.5% | +3.3% | — |
| Apr 28, 2026 | +5.6% | -2.3% | -6.7% | -8.0% | -2.6% |
| Feb 18, 2026 | +0.0% | +3.1% | -1.7% | +7.3% | -6.4% |
| Oct 28, 2025 | +3.9% | -2.6% | -4.3% | -7.2% | -3.0% |
| Jul 29, 2025 | +10.4% | -1.5% | -3.6% | +0.4% | -6.9% |
| Apr 29, 2025 | +43.5% | +0.4% | +6.2% | +11.5% | +15.5% |
| Feb 20, 2025 | +15.3% | -1.8% | -1.5% | -10.1% | +2.5% |
| Oct 30, 2024 | +8.7% | +0.8% | +11.0% | +17.8% | +5.8% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Aug 4, 2026 | $2.54 | $2.43 | +4.5% | $7.35B |
| Apr 28, 2026 | $1.14 | $1.08 | +5.6% | $5.53B |
| Feb 18, 2026 | $1.95 | $1.95 | +0.0% | $6.35B |
| Oct 28, 2025 | $3.98 | $3.83 | +3.9% | $9.01B |
| Jul 29, 2025 | $2.22 | $2.01 | +10.4% | $6.80B |
| Apr 29, 2025 | $0.99 | $0.69 | +43.5% | $4.76B |
| Feb 20, 2025 | $1.66 | $1.44 | +15.3% | $5.47B |
| Oct 30, 2024 | $3.36 | $3.09 | +8.7% | $7.99B |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 17.6× | 30.3× | 0th | Top 37% |
| P/E (forward) | 15.2× | — | — | — |
| EV / EBITDA | 11.7× | — | — | Top 46% |
| EV / Sales | 4.49× | — | — | Bottom 7% |
| Free-cash-flow yield | 7.74% | — | — | Top 36% |
| Earnings yield | 5.67% | — | — | Top 37% |
P/E over the past five years
Range 19.8× – 266.1× since Jun 30, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
What moved the stock over the past year
- Price return, 1 year
- -25.7%
- Earnings per share growth (TTM)
- +56.8%
- Change in P/E multiple
- -44.6%
Most of the move came from a change in the valuation multiple.
Technical state
Trend checklist
- ✗ Price above 20-day average
- ✗ Price above 50-day average
- ✗ Price above 200-day average
- ✓ 50-day average above 200-day
- ✓ MACD histogram positive
Trend quality
- Days above the 50-day average
- 0
- Days above the 200-day average
- 0
- 50-day average slope (20 days)
- -2.2%
- 200-day average slope (20 days)
- -1.7%
- Distance from 50-day average
- -16.1%
- Distance from 200-day average
- -12.9%
- RSI (14)
- 30.4
- Relative volume
- 0.85×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 40.2%
- Volatility vs own 5-year history
- 82th percentile · High for this stock
- Beta vs S&P 500 (2 years, weekly)
- 1.08
- Correlation with S&P 500
- 0.52
- Current drawdown from 1-year high
- -27.6%
- Maximum drawdown, 3 years
- -33.7%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Feb 16, 2022 | Oct 11, 2022 | -39.5% | 163 days | 139 days (May 2, 2023) |
| Jul 7, 2025 | May 15, 2026 | -33.8% | 217 days | Not yet recovered |
| Nov 9, 2021 | Dec 1, 2021 | -21.9% | 15 days | 53 days (Feb 16, 2022) |
| Dec 6, 2024 | Apr 8, 2025 | -21.4% | 82 days | 27 days (May 16, 2025) |
| Jul 16, 2024 | Aug 7, 2024 | -19.8% | 16 days | 33 days (Sep 24, 2024) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $123.22B
- P/E (TTM)
- 17.6
- EPS, diluted (TTM)
- $9.02
- Revenue (TTM)
- $28.24B
- Dividend yield
- 13.17%
- 52-week range
- $150.14 – $225.00
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $10.96B | $17.09B | $21.36B | $23.74B | $26.92B |
| Gross profit | $10.96B | $17.09B | $21.36B | $23.74B | $26.92B |
| Operating income | $2.50B | $5.10B | $5.83B | $7.55B | $9.28B |
| Net income | $1.17B | $3.06B | $4.29B | $5.88B | $5.40B |
| EPS (diluted) | $1.13 | $3.05 | $4.70 | $6.91 | $6.62 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $7.99B | $5.47B | $4.76B | $6.80B | $9.01B | $6.35B | $5.53B | $7.35B |
| Net income | $2.52B | $1.07B | $333.0M | $895.0M | $2.75B | $1.43B | $1.08B | $1.95B |
| EPS (diluted) | $2.97 | $1.28 | $0.40 | $1.10 | $3.38 | $1.75 | $1.36 | $2.53 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | $2.82B | $6.55B | $7.34B | $8.32B | $9.41B |
| Capital expenditure | -$304.0M | -$368.0M | -$345.0M | -$429.0M | -$322.0M |
| Free cash flow | $2.52B | $6.19B | $7.00B | $7.89B | $9.09B |
| Dividends paid | $0 | $0 | $0 | -$1.17B | -$1.25B |
| Net share buybacks | -$163.0M | -$6.62B | -$10.38B | -$6.51B | -$6.42B |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $17.21B
- Total assets
- $29.68B
- Total liabilities
- $40.47B
- Total debt
- $20.69B
- Net debt
- $3.48B
- Shareholders’ equity
- -$10.78B
As of Jun 30, 2026 (filed Aug 4, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Sep 11, 2026 | $0.42 | Sep 30, 2026 |
| Jun 5, 2026 | $0.42 | Jun 30, 2026 |
| Mar 6, 2026 | $10.50 | Mar 31, 2026 |
| Dec 5, 2025 | $9.60 | Dec 31, 2025 |
| Sep 5, 2025 | $9.60 | Sep 30, 2025 |
| Jun 6, 2025 | $9.60 | Jun 30, 2025 |
| Mar 7, 2025 | $9.60 | Mar 31, 2025 |
| Dec 6, 2024 | $8.75 | Dec 31, 2024 |
Short interest
- Shares sold short
- 19,629,385
- Days to cover
- 2.61
- Change vs previous report
- -2.6%
FINRA short interest, settlement date Sep 15, 2026.
Stock splits
- Apr 6, 2026
- 25-for-1
- Jun 16, 2003
- 1-for-6