Booking Holdings (BKNG) Invested Capital (2013 - 2026)
Booking Holdings' Invested Capital came in at $9.65 billion for Q3 2026, down 21.3% from $12.26 billion a year earlier but up 2.7% from the prior quarter.
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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 five-year range for quarterly Invested Capital is $9.4 billion (Q2 2026) to $17.1 billion (Q4 2021).
- Year-over-year, Invested Capital has declined for three consecutive quarters, with an average decline of 7.5% over the last eight quarters.
- 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 $9.4 billion (Q2 2026), $9.69 billion (Q1 2026) and $13.16 billion (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 3,462.85 Bn | 3,197.75 Bn | 76.16 Bn | 802.65 Bn |
| 2 | Meta Platforms | 1,559.43 Bn | 1,223.94 Bn | 51.23 Bn | 353.31 Bn |
| 3 | Netflix | 262.12 Bn | 223.42 Bn | 6.80 Bn | 44.42 Bn |
| 4 | Alibaba Group Holding | 253.57 Bn | 67.20 Bn | 15.16 Bn | 184.62 Bn |
| 5 | Shopify | 191.77 Bn | 170.57 Bn | 1.78 Bn | - |
| 6 | Uber Technologies | 139.89 Bn | 110.71 Bn | 6.42 Bn | 44.24 Bn |
| 7 | AppLovin | 130.31 Bn | 118.84 Bn | 1.94 Bn | 6.81 Bn |
| 8 | Spotify Technology | 123.80 Bn | 80.72 Bn | 1.89 Bn | - |
| 9 | Booking Holdings | 120.61 Bn | 54.35 Bn | - | 9.65 Bn |
| 10 | PDD Holdings | 116.11 Bn | -127.94 Bn | 9.48 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 9.65 Bn |
| 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 |
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();