Booking Holdings (BKNG) Invested Capital (2009 - 2026)

Booking Holdings (BKNG) posted Invested Capital of $3.0 billion for Q1 2026, up 60.37% on a QoQ basis from $1.9 billion in Q4 2025, and up 360.31% year-over-year from $655.0 million in Q1 2025.

Booking Holdings (BKNG) Invested Capital (2009 - 2026) Analysis & Trends

Booking Holdings' Invested Capital history runs 17 years deep, the most recent figure standing at $3.0 billion for Q1 2026.

  • Quarterly Invested Capital rose 360.31% year-over-year to $3.0 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $6.9 billion (down 16.61% YoY) and the FY2025 annual result came in at $1.9 billion, up 7.74% from the prior year.
  • Invested Capital was $3.0 billion for Q1 2026 at Booking Holdings, up from $1.9 billion in the prior quarter.
  • Across five years, Invested Capital topped out at $3.5 billion in Q1 2024 and bottomed at $500.0 million in Q4 2022.
  • A 5-year average of $1.7 billion and a median of $1.3 billion in 2022 frame the typical range for Invested Capital.
  • Annual changes were most pronounced in 2025 — Invested Capital slumped 81.08% — and 2026, when it jumped 360.31%.
  • Booking Holdings' Invested Capital stood at $500.0 million in 2022, then jumped by 292.2% to $2.0 billion in 2023, then declined by 11.01% to $1.7 billion in 2024, then rose by 7.74% to $1.9 billion in 2025, then surged by 60.37% to $3.0 billion in 2026.
  • Business Quant data shows BKNG's Invested Capital at $3.0 billion in Q1 2026, $1.9 billion in Q4 2025, and $999.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 Booking Holdings 136.54 Bn 120.51 Bn 3.46 Bn 3.02 Bn
2 Royal Caribbean Cruises 86.11 Bn 85.59 Bn 2.21 Bn 1.45 Bn
3 Airbnb 82.27 Bn 70.26 Bn 2.10 Bn -
4 Yatra Online 55.46 Bn 55.47 Bn 10.44 Mn 7.65 Mn
5 Viking Holdings 44.18 Bn 40.37 Bn 713.43 Mn 374.61 Mn
6 Carnival 34.61 Bn 32.38 Bn - 1.47 Bn
7 Expedia 31.38 Bn 28.88 Bn 3.05 Bn -
8 Norwegian Cruise Line Holdings 8.54 Bn 8.35 Bn 953.34 Mn 15.61 Bn
9 MakeMyTrip 5.02 Bn 4.60 Bn 199.14 Mn -
10 Global Business Travel 4.83 Bn 4.43 Bn 490.00 Mn 62.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 3.02 Bn
Dec 31, 2025 1.88 Bn
Sep 30, 2025 999.00 Mn
Jun 30, 2025 999.00 Mn
Mar 31, 2025 655.00 Mn
Dec 31, 2024 1.75 Bn
Sep 30, 2024 2.42 Bn
Jun 30, 2024 3.45 Bn
Mar 31, 2024 3.46 Bn
Dec 31, 2023 1.96 Bn
Sep 30, 2023 1.91 Bn
Jun 30, 2023 855.00 Mn
Mar 31, 2023 854.00 Mn
Dec 31, 2022 500.00 Mn
Sep 30, 2022 1.23 Bn
Jun 30, 2022 1.28 Bn
Mar 31, 2022 1.33 Bn
Dec 31, 2021 1.99 Bn
Sep 30, 2021 1.16 Bn
Jun 30, 2021 2.18 Bn