Booking Holdings (BKNG) Enterprise Value (2009 - 2026)
Booking Holdings (BKNG) posted Enterprise Value of -$16.0 billion for Q1 2026, up 6.85% on a QoQ basis from -$17.2 billion in Q4 2025, and down 2.86% year-over-year from -$16.5 billion in Q1 2025.
Booking Holdings (BKNG) Enterprise Value (2009 - 2026) Analysis & Trends
Booking Holdings' Enterprise Value history runs 18 years deep, the most recent figure standing at -$16.0 billion for Q1 2026.
- Quarterly Enterprise Value fell 2.86% year-over-year to -$16.0 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$16.0 billion (down 2.86% YoY) and the FY2025 annual result came in at -$17.2 billion, down 6.43% from the prior year.
- Enterprise Value was -$16.0 billion for Q1 2026 at Booking Holdings, up from -$17.2 billion in the prior quarter.
- Across five years, Enterprise Value topped out at -$9.1 billion in Q3 2022 and bottomed at -$17.6 billion in Q2 2025.
- A 5-year average of -$14.6 billion and a median of -$15.6 billion in 2025 frame the typical range for Enterprise Value.
- Annual changes were most pronounced in 2022 — Enterprise Value grew 24.89% — and 2023, when it tumbled 52.33%.
- Booking Holdings' Enterprise Value stood at -$12.4 billion in 2022, then decreased by 2.32% to -$12.7 billion in 2023, then decreased by 27.45% to -$16.2 billion in 2024, then declined by 6.43% to -$17.2 billion in 2025, then climbed by 6.85% to -$16.0 billion in 2026.
- Business Quant data shows BKNG's Enterprise Value at -$16.0 billion in Q1 2026, -$17.2 billion in Q4 2025, and -$16.5 billion in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Enterprise Value (Qtr) |
|---|---|---|---|---|---|
| 1 | Booking Holdings | 136.54 Bn | 120.51 Bn | 3.46 Bn | -16.02 Bn |
| 2 | Royal Caribbean Cruises | 86.11 Bn | 85.59 Bn | 2.21 Bn | -517.00 Mn |
| 3 | Airbnb | 82.27 Bn | 70.26 Bn | 2.10 Bn | -12.01 Bn |
| 4 | Yatra Online | 55.46 Bn | 55.47 Bn | 10.44 Mn | 5.93 Mn |
| 5 | Viking Holdings | 44.18 Bn | 40.37 Bn | 713.43 Mn | -3.80 Bn |
| 6 | Carnival | 34.61 Bn | 32.38 Bn | - | -2.23 Bn |
| 7 | Expedia | 31.38 Bn | 28.88 Bn | 3.05 Bn | -2.50 Bn |
| 8 | Norwegian Cruise Line Holdings | 8.54 Bn | 8.35 Bn | 953.34 Mn | -185.05 Mn |
| 9 | MakeMyTrip | 5.02 Bn | 4.60 Bn | 199.14 Mn | -415.51 Mn |
| 10 | Global Business Travel | 4.83 Bn | 4.43 Bn | 490.00 Mn | -392.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -16.02 Bn |
| Dec 31, 2025 | -17.20 Bn |
| Sep 30, 2025 | -16.51 Bn |
| Jun 30, 2025 | -17.60 Bn |
| Mar 31, 2025 | -15.58 Bn |
| Dec 31, 2024 | -16.16 Bn |
| Sep 30, 2024 | -15.78 Bn |
| Jun 30, 2024 | -16.33 Bn |
| Mar 31, 2024 | -15.99 Bn |
| Dec 31, 2023 | -12.68 Bn |
| Sep 30, 2023 | -13.92 Bn |
| Jun 30, 2023 | -15.24 Bn |
| Mar 31, 2023 | -14.50 Bn |
| Dec 31, 2022 | -12.40 Bn |
| Sep 30, 2022 | -9.14 Bn |
| Jun 30, 2022 | -11.84 Bn |
| Mar 31, 2022 | -10.55 Bn |
| Dec 31, 2021 | -11.15 Bn |
| Sep 30, 2021 | -12.17 Bn |
| Jun 30, 2021 | -11.73 Bn |