Booking Holdings (BKNG) EBITDA Margin (2009 - 2026)
Booking Holdings' EBITDA Margin came in at 40.49% for Q3 2026, up 0.05 percentage points from 40.44% a year earlier and up 4.73 percentage points from the prior quarter.
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Analysis
Booking Holdings (BKNG) EBITDA Margin (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Booking Holdings reported EBITDA Margin of 34.89%, down 2.27 percentage points year-over-year; for FY2025, it came in at 35.10%, up 0.79 percentage points from FY2024.
- EBITDA Margin carries a five-year change of +36.70 percentage points (FY2020 to FY2025).
- Going back by year, EBITDA Margin was 34.31% in FY2024 (+4.64 pp), 29.67% in FY2023 (-2.82 pp), 32.49% in FY2022 (+5.38 pp) and 27.11% in FY2021 (+28.72 pp).
- The Q3 2026 figure represents the highest quarterly EBITDA Margin since Q3 2024.
- Year-over-year, EBITDA Margin increased in four of the last eight quarters, with an average year-over-year change of +2.95 percentage points.
- The fastest year-over-year change in EBITDA Margin over five years came in Q4 2021 (a gain of 33.93 percentage points), and the weakest in Q4 2023 (a drop of 20.75 percentage points).
- Business Quant data shows BKNG's EBITDA Margin at 35.76% (Q2 2026), 25.34% (Q1 2026) and 34.35% (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 3,462.85 Bn | 3,197.75 Bn | 76.16 Bn | 38.37% |
| 2 | Meta Platforms | 1,559.43 Bn | 1,223.94 Bn | 51.23 Bn | 31.18% |
| 3 | Netflix | 262.12 Bn | 223.42 Bn | 6.80 Bn | 68.36% |
| 4 | Alibaba Group Holding | 253.57 Bn | 67.20 Bn | 15.16 Bn | - |
| 5 | Shopify | 191.77 Bn | 170.57 Bn | 1.78 Bn | 15.37% |
| 6 | Uber Technologies | 139.89 Bn | 110.71 Bn | 6.42 Bn | 11.28% |
| 7 | AppLovin | 130.31 Bn | 118.84 Bn | 1.94 Bn | 79.79% |
| 8 | Spotify Technology | 123.80 Bn | 80.72 Bn | 1.89 Bn | 14.77% |
| 9 | Booking Holdings | 120.61 Bn | 54.35 Bn | - | 40.49% |
| 10 | PDD Holdings | 116.11 Bn | -127.94 Bn | 9.48 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 40.49% |
| Jun 30, 2026 | 35.76% |
| Mar 31, 2026 | 25.34% |
| Dec 31, 2025 | 34.35% |
| Sep 30, 2025 | 40.44% |
| Jun 30, 2025 | 37.35% |
| Mar 31, 2025 | 33.77% |
| Dec 31, 2024 | 34.47% |
| Sep 30, 2024 | 41.71% |
| Jun 30, 2024 | 34.10% |
| Mar 31, 2024 | 21.02% |
| Dec 31, 2023 | 15.53% |
| Sep 30, 2023 | 44.03% |
| Jun 30, 2023 | 32.85% |
| Mar 31, 2023 | 15.09% |
| Dec 31, 2022 | 36.28% |
| Sep 30, 2022 | 44.48% |
| Jun 30, 2022 | 25.78% |
| Mar 31, 2022 | 10.58% |
| Dec 31, 2021 | 32.07% |
API Access
Booking Holdings EBITDA Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebitda-margin&ticker=BKNG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "ticker": "BKNG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebitda-margin&ticker=BKNG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();