Booking Holdings BKNG
NASDAQ BKNG
$193.29 -1.84 (-0.94%)
At close: Sep 4, 2026 · 4:00 PM EDT

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

Booking Holdings' (BKNG) quarterly FCF Margin came in at 49.55% in Q2 2026, up 341.0% on a YoY basis from 11.24% in Q2 2025, and down 11.8% quarter-over-quarter from 56.18% in Q1 2026.

Analysis

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

Booking Holdings (BKNG) has reported FCF Margin for 18 consecutive years, with 49.55% the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, FCF Margin rose 341.0% year-over-year to 49.55%; the trailing twelve-month figure through Jun 2026 stood at 33.78% (down 315.0% YoY), and the FY2025 full-year result was 33.76%, up 51.0% from the prior year.
  • FCF Margin fell to 49.55% in Q2 2026 per BKNG's latest filing, from 56.18% in the prior quarter.
  • Across five years, FCF Margin topped out at 74.14% in Q1 2023 and bottomed at 1.59% in Q3 2022.
  • Historically, FCF Margin has averaged 39.61% across 5 years, with a median of 43.38% in 2024.
  • The widest YoY moves for FCF Margin: up 8269 bps in 2022, down 3403 bps in 2022.
  • Over 5 years, FCF Margin stood at 51.82% in 2022, then plunged by 49 bps to 26.17% in 2023, then slumped by 55 bps to 11.79% in 2024, then soared by 89 bps to 22.32% in 2025, then jumped by 122 bps to 49.55% in 2026.
  • According to Business Quant data, FCF Margin over the past three periods registered 49.55%, 56.18%, and 22.32% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Alibaba Group Holding 262.96 Bn 227.70 Bn 15.11 Bn 33.57%
2 Booking Holdings 145.23 Bn 128.02 Bn 4.98 Bn 49.55%
3 PDD Holdings 117.02 Bn 86.74 Bn 9.45 Bn 22.77%
4 Airbnb 107.34 Bn 95.28 Bn 2.98 Bn 35.20%
5 Mercadolibre 100.30 Bn 85.10 Bn 4.16 Bn 31.67%
6 Ebay 46.02 Bn 42.71 Bn 2.30 Bn 10.40%
7 Expedia 34.12 Bn 26.99 Bn 3.91 Bn 29.64%
8 Maplebear 11.90 Bn 11.05 Bn 751.00 Mn 46.12%
9 Full Truck Alliance 8.08 Bn 7.12 Bn - -
10 Etsy 7.07 Bn 5.94 Bn 484.05 Mn 23.85%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 49.55%
Mar 31, 2026 56.18%
Dec 31, 2025 22.32%
Sep 30, 2025 15.22%
Jun 30, 2025 46.15%
Mar 31, 2025 66.40%
Dec 31, 2024 11.79%
Sep 30, 2024 28.72%
Jun 30, 2024 40.60%
Mar 31, 2024 58.30%
Dec 31, 2023 26.17%
Sep 30, 2023 17.72%
Jun 30, 2023 30.12%
Mar 31, 2023 74.14%
Dec 31, 2022 51.82%
Sep 30, 2022 -1.59%
Jun 30, 2022 60.50%
Mar 31, 2022 58.85%
Dec 31, 2021 5.97%
Sep 30, 2021 32.44%