Booking Holdings (BKNG) EBT Margin (2009 - 2026)

Booking Holdings (BKNG) reported EBT Margin of 25.29% for Q1 2026, up 1697.0% on a YoY basis from 1.41% in Q1 2025, and down 13.82% quarter-over-quarter from 29.34% in Q4 2025.

Booking Holdings (BKNG) EBT Margin (2009 - 2026) Analysis & Trends

Booking Holdings has reported EBT Margin for 18 years, with the latest figure at 25.29% in Q1 2026.

  • For the quarter ending Q1 2026, EBT Margin rose 1697.0% year-over-year to 25.29%; the trailing twelve-month figure through Mar 2026 stood at 28.3% (up 27.0% YoY), and the FY2025 full-year result was 25.38%, down 534.0% from the prior year.
  • EBT Margin for Q1 2026 stood at 25.29%, down from 29.34% in the prior quarter.
  • The five-year high for EBT Margin was 42.9% in Q3 2023, with the low at 31.5% in Q1 2022.
  • Historically, EBT Margin has averaged 23.08% across 5 years, with a median of 28.59% in 2024.
  • The largest YoY upside for EBT Margin was 3952 bps in 2023 against a maximum downside of 2727 bps in 2023.
  • Booking Holdings' EBT Margin stood at 35.86% in 2022, then tumbled by 76 bps to 8.59% in 2023, then soared by 233 bps to 28.59% in 2024, then rose by 3 bps to 29.34% in 2025, then fell by 14 bps to 25.29% in 2026.
  • The last three EBT Margin figures came in at 25.29% (Q1 2026), 29.34% (Q4 2025), and 38.51% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT Margin (Qtr)
1 Booking Holdings 131.01 Bn 114.99 Bn 3.46 Bn 25.29%
2 Airbnb 79.86 Bn 67.85 Bn 2.10 Bn 10.49%
3 Royal Caribbean Cruises 75.60 Bn 75.08 Bn 2.21 Bn 21.92%
4 Carnival 37.80 Bn 36.39 Bn - 4.54%
5 Expedia 27.88 Bn 22.09 Bn 3.05 Bn 0.73%
6 Norwegian Cruise Line Holdings 8.56 Bn 8.38 Bn 953.34 Mn 4.62%
7 Global Business Travel 4.79 Bn 4.35 Bn 714.00 Mn 1.31%
8 Travel & Leisure 4.51 Bn 4.25 Bn 926.00 Mn 11.24%
9 Trip.com 4.42 Bn -788.25 Mn 1.74 Bn 17.22%
10 MakeMyTrip 2.12 Bn 1.35 Bn - 12.11%

Historic Data

Download Data
DateValue
Mar 31, 2026 25.29%
Dec 31, 2025 29.34%
Sep 30, 2025 38.51%
Jun 30, 2025 16.24%
Mar 31, 2025 8.32%
Dec 31, 2024 28.59%
Sep 30, 2024 35.89%
Jun 30, 2024 32.80%
Mar 31, 2024 21.22%
Dec 31, 2023 8.59%
Sep 30, 2023 42.90%
Jun 30, 2023 29.62%
Mar 31, 2023 8.02%
Dec 31, 2022 35.86%
Sep 30, 2022 35.96%
Jun 30, 2022 26.64%
Mar 31, 2022 -31.50%
Dec 31, 2021 27.37%
Sep 30, 2021 20.70%
Jun 30, 2021 -1.90%