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| Date | Value |
|---|---|
| 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 |