Booking Holdings (BKNG) Enterprise Value (2009 - 2026)
Booking Holdings (BKNG) reported Enterprise Value of -$16.0 billion for Q1 2026, down 2.86% on a YoY basis from -$16.5 billion in Q1 2025, and up 6.85% quarter-over-quarter from -$17.2 billion in Q4 2025.
Booking Holdings (BKNG) Enterprise Value (2009 - 2026) Analysis & Trends
Booking Holdings has reported Enterprise Value for 18 years, with the latest figure at -$16.0 billion in Q1 2026.
- For the quarter ending Q1 2026, Enterprise Value fell 2.86% year-over-year to -$16.0 billion; the trailing twelve-month figure through Mar 2026 stood at -$16.0 billion (down 2.86% YoY), and the FY2025 full-year result was -$17.2 billion, down 6.43% from the prior year.
- Enterprise Value for Q1 2026 stood at -$16.0 billion, up from -$17.2 billion in the prior quarter.
- The five-year high for Enterprise Value was -$9.1 billion in Q3 2022, with the low at -$17.6 billion in Q2 2025.
- Historically, Enterprise Value has averaged -$14.6 billion across 5 years, with a median of -$15.6 billion in 2025.
- Annual changes were most pronounced in 2022 — Enterprise Value gained 24.89% — and 2023, when it plunged 52.33%.
- Booking Holdings' Enterprise Value stood at -$12.4 billion in 2022, then fell by 2.32% to -$12.7 billion in 2023, then fell by 27.45% to -$16.2 billion in 2024, then slipped by 6.43% to -$17.2 billion in 2025, then gained by 6.85% to -$16.0 billion in 2026.
- The last three Enterprise Value figures came in at -$16.0 billion (Q1 2026), -$17.2 billion (Q4 2025), and -$16.5 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Enterprise Value (Qtr) |
|---|---|---|---|---|---|
| 1 | Booking Holdings | 131.01 Bn | 114.99 Bn | 3.46 Bn | -16.02 Bn |
| 2 | Airbnb | 79.86 Bn | 67.85 Bn | 2.10 Bn | -12.01 Bn |
| 3 | Royal Caribbean Cruises | 75.60 Bn | 75.08 Bn | 2.21 Bn | -517.00 Mn |
| 4 | Carnival | 37.80 Bn | 36.39 Bn | - | -1.41 Bn |
| 5 | Expedia | 27.88 Bn | 22.09 Bn | 3.05 Bn | -5.79 Bn |
| 6 | Norwegian Cruise Line Holdings | 8.56 Bn | 8.38 Bn | 953.34 Mn | -185.00 Mn |
| 7 | Global Business Travel | 4.79 Bn | 4.35 Bn | 714.00 Mn | -437.00 Mn |
| 8 | Travel & Leisure | 4.51 Bn | 4.25 Bn | 926.00 Mn | -255.00 Mn |
| 9 | Trip.com | 4.42 Bn | -788.25 Mn | 1.74 Bn | -5.21 Bn |
| 10 | MakeMyTrip | 2.12 Bn | 1.35 Bn | - | -765.12 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 |