Booking Holdings (BKNG) Invested Capital (2013 - 2026)
Booking Holdings' Invested Capital came in at $9.4 billion for Q2 2026, down 20.5% from $11.82 billion a year earlier and down 3.0% from the prior quarter.
Powered by 
Analysis
Booking Holdings (BKNG) Invested Capital (2013 - 2026) Analysis & Trends
For FY2025, Booking Holdings' Invested Capital was $13.16 billion, up 4.6% from FY2024.
- Invested Capital carries a five-year compound annual growth rate of -4.9% (FY2020 to FY2025).
- Going back by year, Invested Capital was $12.58 billion in FY2024 (+9.9%), $11.44 billion in FY2023 (-25.1%), $15.27 billion in FY2022 (-10.7%) and $17.1 billion in FY2021 (+1.2%).
- The Q2 2026 figure represents the lowest quarterly Invested Capital since Q4 2013.
- Year-over-year, Invested Capital increased in two of the last eight quarters, with an average decline of 5.4%.
- The fastest year-over-year change in Invested Capital over five years came in Q4 2024 (growth of 9.9%), and the weakest in Q4 2023 (a decline of 25.1%).
- Business Quant data shows BKNG's Invested Capital at $9.69 billion (Q1 2026), $13.16 billion (Q4 2025) and $12.26 billion (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,139.30 Bn | 3,896.82 Bn | 73.85 Bn | 738.65 Bn |
| 2 | Meta Platforms | 1,802.48 Bn | 1,505.00 Bn | 49.47 Bn | 344.89 Bn |
| 3 | Netflix | 295.38 Bn | 255.58 Bn | 6.52 Bn | 44.46 Bn |
| 4 | Alibaba Group Holding | 253.00 Bn | 66.78 Bn | 15.11 Bn | 184.39 Bn |
| 5 | Shopify | 219.40 Bn | 196.59 Bn | 1.71 Bn | - |
| 6 | Uber Technologies | 143.37 Bn | 115.17 Bn | 6.38 Bn | 40.94 Bn |
| 7 | Booking Holdings | 125.53 Bn | 58.58 Bn | - | 9.40 Bn |
| 8 | PDD Holdings | 113.03 Bn | -130.74 Bn | 9.45 Bn | - |
| 9 | Spotify Technology | 108.69 Bn | 66.19 Bn | 1.86 Bn | - |
| 10 | Airbnb | 102.92 Bn | 56.15 Bn | 2.98 Bn | 10.28 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 9.40 Bn |
| Mar 31, 2026 | 9.69 Bn |
| Dec 31, 2025 | 13.16 Bn |
| Sep 30, 2025 | 12.26 Bn |
| Jun 30, 2025 | 11.82 Bn |
| Mar 31, 2025 | 9.91 Bn |
| Dec 31, 2024 | 12.58 Bn |
| Sep 30, 2024 | 12.56 Bn |
| Jun 30, 2024 | 12.53 Bn |
| Mar 31, 2024 | 12.85 Bn |
| Dec 31, 2023 | 11.44 Bn |
| Sep 30, 2023 | 13.14 Bn |
| Jun 30, 2023 | 13.39 Bn |
| Mar 31, 2023 | 13.20 Bn |
| Dec 31, 2022 | 15.27 Bn |
| Sep 30, 2022 | 12.85 Bn |
| Jun 30, 2022 | 13.48 Bn |
| Mar 31, 2022 | 14.14 Bn |
| Dec 31, 2021 | 17.10 Bn |
| Sep 30, 2021 | 16.58 Bn |
API Access
Booking Holdings Invested Capital 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=invested-capital&ticker=BKNG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=BKNG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();