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BKNG

S&P 500
Favorable · 68/100

Booking Holdings

Consumer Discretionary
Hotels, Resorts & Cruise Lines

$167.77

2.3%

Updated Today 6:01 PM ET

Price — Past Year

▼ Down 18.8% over the last 12 months

Price 50-day average 200-day averageSource: Yahoo Finance · refreshed daily
Key Metrics

Market Cap

$133.11B

P/E

21.63x

Forward P/E (est.)

18.28x

ROE

139.6%

Revenue Growth

14.9%

EPS Growth

18.3%

Profit Margin

22.2%

FCF Yield

Debt / Equity

4.51x

ROIC

70.0%

Interest Coverage

9.84x

Current Ratio

1.06x

Dividend Yield

0.9%

Implied Growth (rev. DCF)

2.0%

Rating Score

68/100

Technical Analysis (Educational)
Research

Technical analysis reads price and volume to judge momentum and timing. It complements the fundamentals above — it does not replace them. Here is what BKNG's chart says today, with each tool explained.

Trend — moving averages. A moving average is the average closing price over a window, which smooths out daily noise. BKNG trades near $167.77, below its 50-day average ($169.47) and 200-day average ($190.71). Price below both averages is a downtrend — momentum is against buyers for now.

Momentum — RSI. The Relative Strength Index runs 0–100 and measures how strong recent gains are versus losses. Above 70 is "overbought", below 30 "oversold". At 56 it is in neutral territory — neither stretched nor washed out.

MACD. MACD compares two moving averages to flag shifts in momentum. Its histogram is currently positive — short-term momentum is improving.

Volatility — ATR. Average True Range is the typical daily move. BKNG's is $6.11 (~3.6% of price), so swings of about that size each day are normal — handy for setting a stop that isn't too tight.

Support & resistance. Over the last month BKNG found buyers near $153.51 (support) and sellers near $176.80 (resistance); its 52-week range is $150.14–$233.58. A decisive break beyond either edge often marks the next move.

Volume. The latest session traded 2.3× the 20-day average — heavier than usual, which adds conviction to the move. Rising volume on up-days suggests real buying; on down-days, real selling.

Educational information to help you read a chart — not a recommendation or a forecast. It updates daily as the price and indicators change.

Business Overview
Research

Booking Holdings (BKNG) is a large-cap company in the Hotels, Resorts & Cruise Lines industry, part of the Consumer Discretionary sector of the S&P 500, with a market value around $133.11B.

In its latest reported year it generated about $26.92B in revenue.

Our model rates BKNG Favorable (68/100) on growth, profitability, financial health, and valuation. The summary below is built from its filed financials and current ratios and refreshes automatically.

Revenue Growth
Research

4Y CAGR

25.2%

Revenue moved from $10.96B in 2021 to $26.92B in 2025, a 25.2% compound annual growth rate. The most recent year grew a steady 14.9% year over year. Consistent top-line growth is one sign of healthy demand.

Profitability
Research

Gross Margin

98.1%

Operating Margin

32.8%

Net Margin

22.2%

ROE

139.6%

Booking Holdings keeps about 22.2% of each sales dollar as net profit, with a 98.1% gross margin and 32.8% operating margin. Return on equity is 139.6% and return on invested capital about 70.0%. Margins this wide usually signal pricing power or a cost advantage.

Debt Analysis
Research

Total Debt

$18.74B

Net Debt

$2.71B

Net Debt / EBITDA

0.31x

Debt / Equity

4.51x

Leverage: debt-to-equity is 4.5x, and operating profit covers interest about 9.8x, with a current ratio of 1.1x. That is elevated leverage, which raises risk if earnings or rates move against it. It carries roughly $18.74B of total debt against $16.02B of cash.

Cash Flow Analysis
Research

Operating CF

$9.41B

Free Cash Flow

$9.09B

FCF Margin

33.8%

In the latest year Booking Holdings produced about $9.41B of operating cash flow and $9.09B of free cash flow after capital spending. Cash flow is what ultimately pays shareholders, so it is worth tracking over time.

Valuation Analysis
Research

P/E

21.63x

P/S

5.06x

P/B

27.47x

EV / EBITDA

14.7x

BKNG trades at 21.6x trailing earnings (about 18.3x on estimated forward earnings), 5.1x sales, and 27.5x book value. Reverse-engineering today's price implies the market expects roughly 2.0% long-term free-cash-flow growth. That is a fairly typical valuation for a profitable company.

Metrics vs. Typical Range

Where this stock sits versus what most companies trade at.

TTM P/E
21.6xFair
Forward P/E
18.3xFair
P/S ratio
5.1xExpensive
Revenue growth
14.9%Strong
EPS growth
18.3%Strong
Gross margin
98.1%Strong
Net margin
22.2%Strong
ROE
139.6%Strong

Typical ranges are general references (e.g., many stocks trade at ~18–26x earnings), not hard rules. Context only — not investment advice.

Sector Peer Comparison

How BKNG stacks up against its Consumer Discretionary peers — valuation, profitability, and growth versus the sector median.

In the Consumer Discretionary sector (48 S&P 500 companies), BKNG ranks #4 of 48 by our overall rating. It trades at roughly in line versus the sector on earnings (21.6x P/E vs. 23.7x median) with a higher return on equity (139.6% vs. 39.2%) and faster revenue growth (14.9% vs. 6.2%).

P/E vs sector

21.6x

median 23.7x

ROE vs sector

139.6%

median 39.2%

Growth vs sector

14.9%

median 6.2%

Sector rank

#4

of 48 by rating

CompanyP/ERev Gr.Rating
BKNGThis stock21.6x14.9%Favorable· 68
MAR40.3x4.7%Weak· 38
ABNB33.6x12.6%Favorable· 66
RCL18.8x9.8%Favorable· 66
HLT51.5x8.7%Weak· 39
CCL13.5x6.1%Neutral· 54
EXPE19.4x10.0%Favorable· 59
NCLH16.5x6.5%Neutral· 45
Consumer Discretionary median23.7x6.2%54/100

Valuation vs. quality map

sector medianMARABNBRCLHLTCCLEXPENCLHBKNGP/E — cheaper ←→ pricierROE — more profitable ↑

The sweet spot is upper-left: more profitable (higher ROE) for a lower P/E. Dashed lines mark the sector median.

Compare side by side

Peers are the closest Consumer Discretionary companies by sub-industry and size. Sector median is across all 48 S&P 500 names in the sector. Educational, not a recommendation.

5-Year Projection Model

Project revenue → earnings → price. Edit the assumptions to build your own case.

2030 price target (Base Case)

$199.82$338.16

vs. $167.77 today · expected CAGR 4%15%

Metric20262027202820292030
Revenue$30.95B$35.60B$40.94B$47.08B$54.14B
Net income$6.81B$7.83B$9.01B$10.36B$11.91B
EPS$8.79$10.11$11.62$13.37$15.37
Share price (low)$114.25$131.39$151.10$173.76$199.82
Share price (high)$193.35$222.35$255.70$294.06$338.16
CAGR (low–high)-32% / 15%-12% / 15%-3% / 15%1% / 15%4% / 15%

Educational model on sample fundamentals — not a forecast or investment advice. Outputs are only as good as your assumptions.

Bull Case

The case for BKNG:

  • Revenue is growing 14.9% a year, a sign of real demand.
  • High net margins (22.2%) point to pricing power or efficiency.
  • Strong return on equity (139.6%) shows capital is put to work well.
  • Our model's overall read is Favorable (68/100).
Bear Case

The case against BKNG:

  • Elevated leverage (debt/equity 4.5x) adds financial risk.
  • Like any single stock, it is exposed to competition, the economic cycle, and shifts in its end markets.
Key Risks
Research

Balance-sheet risk — debt/equity of 4.5x magnifies the impact of higher rates or weaker earnings.

Market risk — sector rotation, the economic cycle, and broad sentiment move the stock regardless of fundamentals.

Investment Thesis
Research

On balance, the fundamentals screen favourably: Booking Holdings is a large-cap consumer discretionary business still growing nicely, with solid profitability, and a heavier debt load to watch. It trades at 21.6x earnings, which our model scores Favorable (68/100). Weigh this against your own goals and time horizon — this is educational information, not a recommendation.

Data notice. Fundamentals and financial statements are sourced from company filings (SEC EDGAR) and market-data providers; prices and market caps refresh on trading days and may be delayed. Ratings, projections, technical signals, and written summaries are model- or rule-generated for education and may simplify or lag the latest filings.

Not advice. Nothing on this page is investment advice or a recommendation to buy, hold, or sell any security. Do your own research and consult a licensed financial professional before investing.