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.
Powered by 
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 | Alphabet | 4,144.46 Bn | 3,901.99 Bn | 73.85 Bn | -4.89% |
| 2 | Meta Platforms | 1,981.30 Bn | 1,683.82 Bn | 49.47 Bn | 2.87% |
| 3 | Netflix | 296.22 Bn | 256.42 Bn | 6.52 Bn | 12.14% |
| 4 | Alibaba Group Holding | 254.92 Bn | 72.79 Bn | 15.11 Bn | 8.50% |
| 5 | Shopify | 184.25 Bn | 161.43 Bn | 1.71 Bn | 18.25% |
| 6 | Uber Technologies | 142.00 Bn | 113.98 Bn | 6.38 Bn | 19.67% |
| 7 | Booking Holdings | 123.19 Bn | 56.24 Bn | - | 49.55% |
| 8 | PDD Holdings | 110.41 Bn | -141.52 Bn | 9.45 Bn | 22.77% |
| 9 | Spotify Technology | 104.89 Bn | 62.12 Bn | 1.86 Bn | 17.50% |
| 10 | AppLovin | 104.19 Bn | 94.23 Bn | 1.70 Bn | 45.18% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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% |
API Access
Booking Holdings FCF Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-margin&ticker=BKNG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "BKNG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=BKNG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();