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
DateValue
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