Booking Holdings (BKNG) FCF Payout Ratio (2024 - 2026)

Booking Holdings (BKNG) reported FCF Payout Ratio of 0.11 for Q1 2026, up 6.2% on a YoY basis from 0.1 in Q1 2025, and down 41.38% quarter-over-quarter from 0.18 in Q4 2025.

Booking Holdings (BKNG) FCF Payout Ratio (2024 - 2026) Analysis & Trends

Booking Holdings has reported FCF Payout Ratio for 3 years, with the latest figure at 0.11 in Q1 2026.

  • For the quarter ending Q1 2026, FCF Payout Ratio rose 6.2% year-over-year to 0.11; the trailing twelve-month figure through Mar 2026 stood at 0.14 (down 5.79% YoY), and the FY2025 full-year result was 0.13, down 13.13% from the prior year.
  • FCF Payout Ratio for Q1 2026 stood at 0.11, down from 0.18 in the prior quarter.
  • The five-year high for FCF Payout Ratio was 0.47 in Q4 2024, with the low at 0.1 in Q2 2025.
  • Historically, FCF Payout Ratio has averaged 0.17 across 3 years, with a median of 0.13 in 2024.
  • The largest YoY upside for FCF Payout Ratio was 78.26% in 2025 against a maximum downside of 61.35% in 2025.
  • Booking Holdings' FCF Payout Ratio stood at 0.47 in 2024, then tumbled by 61.35% to 0.18 in 2025, then plunged by 41.38% to 0.11 in 2026.
  • The last three FCF Payout Ratio figures came in at 0.11 (Q1 2026), 0.18 (Q4 2025), and 0.23 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Cover (Qtr)
1 Booking Holdings 131.01 Bn 114.99 Bn 3.46 Bn 0.11
2 Airbnb 79.86 Bn 67.85 Bn 2.10 Bn -
3 Royal Caribbean Cruises 75.60 Bn 75.08 Bn 2.21 Bn 0.16
4 Carnival 37.80 Bn 36.39 Bn - 0.30
5 Expedia 27.88 Bn 22.09 Bn 3.05 Bn 0.02
6 Norwegian Cruise Line Holdings 8.56 Bn 8.38 Bn 953.34 Mn -
7 Global Business Travel 4.79 Bn 4.35 Bn 714.00 Mn -
8 Travel & Leisure 4.51 Bn 4.25 Bn 926.00 Mn 2.00
9 Trip.com 4.42 Bn -788.25 Mn 1.74 Bn -
10 MakeMyTrip 2.12 Bn 1.35 Bn - -

Historic Data

Download Data
DateValue
Mar 31, 2026 0.11
Dec 31, 2025 0.18
Sep 30, 2025 0.23
Jun 30, 2025 0.10
Mar 31, 2025 0.10
Dec 31, 2024 0.47
Sep 30, 2024 0.13
Jun 30, 2024 0.13
Mar 31, 2024 0.12