Booking Holdings (BKNG) FCF Margin (2009 - 2026)
Booking Holdings' FCF Margin came in at 49.55% for Q2 2026, up 3.41 percentage points from 46.15% a year earlier but down 6.63 percentage points from the prior quarter.
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Analysis
Booking Holdings (BKNG) FCF Margin (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Booking Holdings reported FCF Margin of 33.78%, down 3.15 percentage points year-over-year; for FY2025, it was 33.76%, up 0.51 percentage points from FY2024.
- FCF Margin carries a five-year change of +36.72 percentage points (FY2020 to FY2025).
- Going back by year, FCF Margin was 33.25% in FY2024 (+0.49 pp), 32.76% in FY2023 (-3.44 pp), 36.20% in FY2022 (+13.24 pp) and 22.96% in FY2021 (+25.92 pp).
- The five-year range for quarterly FCF Margin is -1.59% (Q3 2022) to 74.14% (Q1 2023).
- Year-over-year, FCF Margin increased in five of the last eight quarters, with an average year-over-year change of +0.06 percentage points.
- The fastest year-over-year change in FCF Margin over five years came in Q1 2022 (a gain of 82.69 percentage points), and the weakest in Q3 2022 (a drop of 34.03 percentage points).
- Business Quant data shows BKNG's FCF Margin at 56.18% (Q1 2026), 22.32% (Q4 2025) and 15.22% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,139.30 Bn | 3,896.82 Bn | 73.85 Bn | -4.89% |
| 2 | Meta Platforms | 1,802.48 Bn | 1,505.00 Bn | 49.47 Bn | 2.87% |
| 3 | Netflix | 295.38 Bn | 255.58 Bn | 6.52 Bn | 12.14% |
| 4 | Alibaba Group Holding | 253.00 Bn | 66.78 Bn | 15.11 Bn | 33.57% |
| 5 | Shopify | 219.40 Bn | 196.59 Bn | 1.71 Bn | 18.25% |
| 6 | Uber Technologies | 143.37 Bn | 115.17 Bn | 6.38 Bn | 19.67% |
| 7 | Booking Holdings | 125.53 Bn | 58.58 Bn | - | 49.55% |
| 8 | PDD Holdings | 113.03 Bn | -130.74 Bn | 9.45 Bn | 22.77% |
| 9 | Spotify Technology | 108.69 Bn | 66.19 Bn | 1.86 Bn | 17.50% |
| 10 | Airbnb | 102.92 Bn | 56.15 Bn | 2.98 Bn | 35.20% |
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();