Booking Holdings (BKNG) Debt Ratio (2009 - 2026)
Booking Holdings (BKNG) reported Debt Ratio of 0.66 for Q1 2026, up 12.72% on a YoY basis from 0.59 in Q1 2025, and up 3.75% quarter-over-quarter from 0.64 in Q4 2025.
Booking Holdings (BKNG) Debt Ratio (2009 - 2026) Analysis & Trends
Booking Holdings has reported Debt Ratio for 18 years, with the latest figure at 0.66 in Q1 2026.
- For the quarter ending Q1 2026, Debt Ratio rose 12.72% year-over-year to 0.66; the trailing twelve-month figure through Mar 2026 stood at 0.66 (up 12.72% YoY), and the FY2025 full-year result was 0.64, up 6.88% from the prior year.
- Debt Ratio for Q1 2026 stood at 0.66, up from 0.64 in the prior quarter.
- The five-year high for Debt Ratio was 0.66 in Q1 2026, with the low at 0.39 in Q2 2022.
- Historically, Debt Ratio has averaged 0.55 across 5 years, with a median of 0.58 in 2023.
- The largest YoY upside for Debt Ratio was 460.88% in 2022 against a maximum downside of 25.39% in 2022.
- Booking Holdings' Debt Ratio stood at 0.49 in 2022, then climbed by 18.36% to 0.58 in 2023, then advanced by 2.8% to 0.6 in 2024, then climbed by 6.88% to 0.64 in 2025, then grew by 3.75% to 0.66 in 2026.
- The last three Debt Ratio figures came in at 0.66 (Q1 2026), 0.64 (Q4 2025), and 0.59 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Booking Holdings | 131.01 Bn | 114.99 Bn | 3.46 Bn | 0.66 |
| 2 | Airbnb | 79.86 Bn | 67.85 Bn | 2.10 Bn | 0.09 |
| 3 | Royal Caribbean Cruises | 75.60 Bn | 75.08 Bn | 2.21 Bn | 0.47 |
| 4 | Carnival | 37.80 Bn | 36.39 Bn | - | 0.49 |
| 5 | Expedia | 27.88 Bn | 22.09 Bn | 3.05 Bn | 0.17 |
| 6 | Norwegian Cruise Line Holdings | 8.56 Bn | 8.38 Bn | 953.34 Mn | 0.64 |
| 7 | Global Business Travel | 4.79 Bn | 4.35 Bn | 714.00 Mn | 0.30 |
| 8 | Travel & Leisure | 4.51 Bn | 4.25 Bn | 926.00 Mn | - |
| 9 | Trip.com | 4.42 Bn | -788.25 Mn | 1.74 Bn | 0.12 |
| 10 | MakeMyTrip | 2.12 Bn | 1.35 Bn | - | 0.80 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.66 |
| Dec 31, 2025 | 0.64 |
| Sep 30, 2025 | 0.59 |
| Jun 30, 2025 | 0.60 |
| Mar 31, 2025 | 0.59 |
| Dec 31, 2024 | 0.60 |
| Sep 30, 2024 | 0.58 |
| Jun 30, 2024 | 0.59 |
| Mar 31, 2024 | 0.61 |
| Dec 31, 2023 | 0.58 |
| Sep 30, 2023 | 0.54 |
| Jun 30, 2023 | 0.53 |
| Mar 31, 2023 | 0.48 |
| Dec 31, 2022 | 0.49 |
| Sep 30, 2022 | 0.42 |
| Jun 30, 2022 | 0.39 |
| Mar 31, 2022 | 0.44 |
| Dec 31, 2021 | 0.09 |
| Sep 30, 2021 | 0.47 |
| Jun 30, 2021 | 0.51 |