Growth Metrics

Booking Holdings (BKNG) Debt to Equity (2016 - 2025)

Booking Holdings' Debt to Equity history spans 17 years, with the latest figure at -$3.36 for Q4 2025.

  • For Q4 2025, Debt to Equity rose 18.65% year-over-year to -$3.36; the TTM value through Dec 2025 reached -$3.36, up 18.65%, while the annual FY2025 figure was -$3.36, 18.65% up from the prior year.
  • Debt to Equity reached -$3.36 in Q4 2025 per BKNG's latest filing, up from -$3.59 in the prior quarter.
  • In the past five years, Debt to Equity ranged from a high of $11.29 in Q1 2023 to a low of -$22.03 in Q3 2023.
  • Average Debt to Equity over 5 years is -$2.33, with a median of -$2.7 recorded in 2025.
  • Peak YoY movement for Debt to Equity: surged 1236.17% in 2022, then crashed 992.76% in 2023.
  • A 5-year view of Debt to Equity shows it stood at $0.34 in 2021, then soared by 1236.17% to $4.49 in 2022, then tumbled by 215.18% to -$5.17 in 2023, then rose by 20.12% to -$4.13 in 2024, then increased by 18.65% to -$3.36 in 2025.
  • Per Business Quant, the three most recent readings for BKNG's Debt to Equity are -$3.36 (Q4 2025), -$3.59 (Q3 2025), and -$2.77 (Q2 2025).