Booking Holdings (BKNG) Debt Ratio (2009 - 2026)

Booking Holdings (BKNG) posted Debt Ratio of 0.66 for Q1 2026, up 3.75% on a QoQ basis from 0.64 in Q4 2025, and up 8.29% year-over-year from 0.61 in Q1 2025.

Booking Holdings (BKNG) Debt Ratio (2009 - 2026) Analysis & Trends

Booking Holdings' Debt Ratio history runs 18 years deep, the most recent figure standing at 0.66 for Q1 2026.

  • Quarterly Debt Ratio rose 8.29% year-over-year to 0.66 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.66 (up 8.29% YoY) and the FY2025 annual result came in at 0.64, down 3.29% from the prior year.
  • Debt Ratio was 0.66 for Q1 2026 at Booking Holdings, up from 0.64 in the prior quarter.
  • Across five years, Debt Ratio topped out at 0.71 in Q2 2024 and bottomed at 0.39 in Q2 2022.
  • A 5-year average of 0.56 and a median of 0.58 in 2023 frame the typical range for Debt Ratio.
  • Peak annual rise in Debt Ratio reached 483.34% in 2022, while the deepest fall reached 25.39% in 2022.
  • Booking Holdings' Debt Ratio stood at 0.51 in 2022, then grew by 13.81% to 0.58 in 2023, then rose by 13.61% to 0.66 in 2024, then retreated by 3.29% to 0.64 in 2025, then rose by 3.75% to 0.66 in 2026.
  • Business Quant data shows BKNG's Debt Ratio at 0.66 in Q1 2026, 0.64 in Q4 2025, and 0.59 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Booking Holdings 136.54 Bn 120.51 Bn 3.46 Bn 0.66
2 Royal Caribbean Cruises 86.11 Bn 85.59 Bn 2.21 Bn 0.50
3 Airbnb 82.27 Bn 70.26 Bn 2.10 Bn 0.09
4 Yatra Online 55.46 Bn 55.47 Bn 10.44 Mn 0.06
5 Viking Holdings 44.18 Bn 40.37 Bn 713.43 Mn 0.45
6 Carnival 34.61 Bn 32.38 Bn - 0.48
7 Expedia 31.38 Bn 28.88 Bn 3.05 Bn 0.17
8 Norwegian Cruise Line Holdings 8.54 Bn 8.35 Bn 953.34 Mn 0.64
9 MakeMyTrip 5.02 Bn 4.60 Bn 199.14 Mn -
10 Global Business Travel 4.83 Bn 4.43 Bn 490.00 Mn 0.30

Historic Data

Download Data
DateValue
Mar 31, 2026 0.66
Dec 31, 2025 0.64
Sep 30, 2025 0.59
Jun 30, 2025 0.63
Mar 31, 2025 0.61
Dec 31, 2024 0.66
Sep 30, 2024 0.58
Jun 30, 2024 0.71
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 0.51
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