AHMA vs DAL vs BKNG Stock Comparison

Ambitions Enterprise Management Co. L.L.C, Delta Air Lines and Booking Holdings Prices as of Oct 23, 2026 Peers: Industry group
DAL Delta Air Lines, Inc.
$76.75 -6.1% 1M +30.6% 1Y
Market cap
$51.86B
P/E
15.8x
Revenue (TTM)
$71.80B
Div. yield
–
Airlines Industrials
5 wins
BKNG Booking Holdings Inc.
$155.83 0.0% 1M -23.5% 1Y
Market cap
$117.57B
P/E
16.3x
Revenue (TTM)
$28.24B
Div. yield
–
Digital Marketplaces Technology
6 wins

Head to Head

11 decided of 12

Booking Holdings leads on 6 of the 12 questions below (Booking Holdings 6, Delta Air Lines 5). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionAHMADALBKNGLeader
Larger companyMarket capitalisation $30.32M $51.86B $117.57B BKNG
Cheaper on earningsLower P/E, profitable companies only 25.3x 15.8x 16.3x DAL
Cheaper on forward earningsLower price / next fiscal year consensus EPS — 13.8x 14.3x DAL
Faster revenue growthRevenue growth, trailing twelve months — +14.1% +12.9% DAL
More profitableNet margin, trailing twelve months — 4.6% 25.5% BKNG
Better return on capitalReturn on invested capital — 10.8% 75.5% BKNG
Less leveragedLower net debt / EBITDA — 1.3x 0.3x BKNG
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -75.0% +30.6% -23.5% DAL
Better 5-year returnAnnualised price return, 5 years — +14.1%/yr +10.2%/yr DAL
Less volatileAnnualised volatility, 1 year 281.9% 38.6% 38.0% BKNG
Higher overall scoreMean of the five percentile scores vs peers — 39/100 60/100 BKNG

Percentile Scorecard

AHMADALBKNG

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisAHMADALBKNG
Valuation 54 #14 of 29 67 #45 of 136 66 #57 of 167
Growth – 48 #64 of 122 38 #96 of 153
Profitability – 48 #62 of 119 99 #2 of 153
Financial Health 100 #1 of 31 22 #115 of 147 39 #109 of 179
Shareholder Returns – 7 #78 of 84 59 #39 of 94
Overall – 39 60
  • AHMA ranked among 32 companies in Travel and Lodging
  • DAL ranked among 150 companies in Transportation
  • BKNG ranked among 185 companies in Internet Platforms

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodAHMADALBKNGSPY
1 month -17.4%-6.1%0.0% -1.0%
3 months -31.4%-9.8%-12.2% +2.9%
6 months -0.9%+12.1%-13.5% +6.4%
Year to date -77.9%+10.6%-27.3% +11.4%
1 year -75.0%+30.6%-23.5% +13.1%
3 years —+139.7%+37.4% +79.4%
3 years, per year —+33.9%+11.2% +21.5%
5 years —+93.1%+62.7% +67.7%
5 years, per year —+14.1%+10.2% +10.9%
10 years —+86.4%+165.5% +255.2%
10 years, per year —+6.4%+10.3% +13.5%

Risk

MeasureAHMADALBKNGSPY
Volatility, 1Y 281.9%38.6%38.0% 12.7%
Downside volatility, 1Y 262.8%34.2%38.2% 12.7%
Beta vs S&P 500, 1Y 1.191.700.86 1.00
Return / volatility, 1Y -0.270.79-0.62 1.03
Max drawdown, 5Y -97.9%-48.0%-39.5% -25.4%
From 52-week high -97.1%-18.1%-29.1% -2.5%
52-week high $37.11$93.66$219.68 $779.14
52-week low $0.79$55.65$154.13 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleAHMADALBKNG
P/E now vs peer median 25.3xmedian 18.8x 15.3xmedian 16.0x 16.6xmedian 17.5x
P/S now vs peer median 1.5xmedian 1.5x 0.7xmedian 1.0x 4.1xmedian 1.4x
EV/EBITDA now vs peer median —median 15.0x 7.7xmedian 8.7x 12.2xmedian 14.9x
P/FCF now vs peer median -28.0xmedian 16.0x 16.7xmedian 11.5x 12.3xmedian 11.2x
P/B now vs peer median 2.5xmedian 2.5x 2.2xmedian 1.2x -10.9xmedian 1.7x
PEG now vs peer median —median 0.37 -8.23median 0.82 -0.29median 0.42

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsAHMADALBKNG
Revenue – $71.80B $28.24B
Operating income – $5.29B $9.28B
Net income – $3.29B $7.21B
Free cash flow – $3.02B $9.54B
EPS (diluted) – $4.99 $9.36
Cash & equivalents $2.87M $3.79B $17.21B
Total debt – $13.95B $20.18B
Shares (diluted) 28.34M 659.00M 770.00M
Enterprise value $30.32M $34.04B $50.62B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricAHMADALBKNG
P/E 25.3x 15.3x 16.6x
P/FCF -28.0x 16.7x 12.3x
P/Operating cash flow – 6.3x 11.9x
P/S 1.5x 0.7x 4.1x
P/B 2.5x 2.2x -10.9x
P/Tangible book 2.5x 3.1x -10.1x
EV/EBITDA – 7.7x 12.2x
EV/EBIT – 11.5x 12.9x
EV/Revenue – 0.8x 4.3x
EV/FCF – 20.1x 12.6x
EV/Operating cash flow – 7.6x 12.2x
PEG (3Y EPS CAGR) – -8.23 -0.29

Growth

14 metrics
MetricAHMADALBKNG
Revenue growth (1Y) – 14.1% 12.9%
Revenue CAGR (3Y) – 7.8% 13.4%
Gross profit growth (1Y) – – –
Gross profit CAGR (3Y) – – –
Operating income growth (1Y) – -12.9% 12.9%
Operating income CAGR (3Y) – -2.3% 15.3%
Net income growth (1Y) – -28.9% 49.8%
Net income CAGR (3Y) – -1.1% 17.4%
EPS growth (1Y) – -29.5% -93.7%
EPS CAGR (3Y) – -1.9% -57.3%
Operating cash flow growth (1Y) – 0.3% 2.9%
Operating cash flow CAGR (3Y) – 4.0% 13.2%
Free cash flow growth (1Y) – -1.7% 3.2%
Free cash flow CAGR (3Y) – 36.6% 13.9%

Profitability

14 metrics
MetricAHMADALBKNG
Gross margin – – –
EBITDA margin – 11.0% 34.9%
Operating margin – 7.4% 32.9%
Pretax margin – 6.1% 32.9%
Net margin – 4.6% 25.5%
FCF margin – 4.2% 33.8%
Operating cash flow margin – 11.1% 34.9%
Return on equity – 14.8% –
Return on assets – 3.8% 25.1%
Return on invested capital – 10.8% 75.5%
Return on capital employed – 10.0% 121.7%
Asset turnover – 0.8x 1.0x
Cash conversion (OCF / net income) – 2.4x 1.4x
Stock comp / revenue – – 2.1%

Financial Health

11 metrics
MetricAHMADALBKNG
Debt / assets – 16.2% 68.0%
Debt / equity – 0.6x -1.9x
Net debt / EBITDA – 1.3x 0.3x
Debt / FCF – 4.6x 2.1x
Liabilities / assets 17.0% 73.8% 136.3%
Equity / assets 83.0% 26.2% -36.3%
Interest coverage – – 8.4x
Current ratio 4.2x 0.4x 1.1x
Quick ratio 3.0x 0.2x 1.0x
Cash ratio 1.1x 0.1x 0.8x
Altman Z-score – 1.48 5.83

Shareholder Returns

7 metrics
MetricAHMADALBKNG
Dividend yield – 1.0% 1.1%
Net buyback yield – – 9.0%
Shareholder yield – 1.0% 10.0%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusAHMADALBKNG
Forward P/E – 13.8xFY2026 14.3xFY2026
EPS, next fiscal year – $5.57FY2026 $10.90FY2026
EPS growth, next FY – -4.3%FY2026 +19.5%FY2026
EPS growth, the year after – +42.0% +16.8%
Revenue, next fiscal year – $70.62BFY2026 $27.56BFY2026
Revenue growth, next FY – +21.2%FY2026 +2.4%FY2026
Revenue growth, the year after – -5.3% +11.5%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersAHMADALBKNG
Held by institutions – 88.2% 92.9%
Institutions holding – 1,511 1,915
Change in shares held, QoQ – +0.6% -9.6%
Institutions buying – 815 891
Institutions selling – 483 828
Buyers to sellers – 1.69 1.08

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

AHMADALBKNG
AHMA 1.00 0.05 0.06
DAL 0.05 1.00 0.37
BKNG 0.06 0.37 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, AHMA, DAL and BKNG?

Booking Holdings (BKNG) is the largest by market capitalisation: Ambitions Enterprise Management Co. L.L.C (AHMA) $30.32M, Delta Air Lines (DAL) $51.86B, Booking Holdings (BKNG) $117.57B.

Which stock is cheaper, AHMA, DAL and BKNG?

Delta Air Lines (DAL) trades on the lowest price-to-earnings ratio (Ambitions Enterprise Management Co. L.L.C (AHMA) 25.3x, Delta Air Lines (DAL) 15.8x, Booking Holdings (BKNG) 16.3x). On next year's consensus earnings, Delta Air Lines (DAL) is cheapest (Delta Air Lines (DAL) 13.8x, Booking Holdings (BKNG) 14.3x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Delta Air Lines (DAL) grew revenue fastest over the trailing twelve months: Delta Air Lines (DAL) +14.1%, Booking Holdings (BKNG) +12.9%.

Which company is more profitable?

Booking Holdings (BKNG) has the highest net margin (Delta Air Lines (DAL) 4.6%, Booking Holdings (BKNG) 25.5%). On return on invested capital, Booking Holdings (BKNG) leads (Delta Air Lines (DAL) 10.8%, Booking Holdings (BKNG) 75.5%).

Which stock has performed better?

Over the past year Delta Air Lines (DAL) returned the most: Ambitions Enterprise Management Co. L.L.C (AHMA) -75.0%, Delta Air Lines (DAL) +30.6%, Booking Holdings (BKNG) -23.5%. Over five years, Delta Air Lines (DAL) compounded fastest (Delta Air Lines (DAL) +14.1%/yr, Booking Holdings (BKNG) +10.2%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Booking Holdings (BKNG) has been the steadiest (Ambitions Enterprise Management Co. L.L.C (AHMA) 281.9%, Delta Air Lines (DAL) 38.6%, Booking Holdings (BKNG) 38.0%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, AHMA, DAL and BKNG?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Booking Holdings (BKNG) leads on 6. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.