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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginFCF Payout RatioGross MarginInterest Coverage RatioInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

Booking Holdings (BKNG) Net Margin (2016 - 2025)

Booking Holdings' Net Margin history spans 17 years, with the latest figure at 22.49% for Q4 2025.

  • For Q4 2025, Net Margin rose 297.0% year-over-year to 22.49%; the TTM value through Dec 2025 reached 20.08%, down 470.0%, while the annual FY2025 figure was 20.08%, 470.0% down from the prior year.
  • Net Margin reached 22.49% in Q4 2025 per BKNG's latest filing, down from 30.51% in the prior quarter.
  • In the past five years, Net Margin ranged from a high of 34.21% in Q3 2023 to a low of 25.97% in Q1 2022.
  • Average Net Margin over 5 years is 15.69%, with a median of 19.74% recorded in 2022.
  • The largest YoY upside for Net Margin was 3406bps in 2021 against a maximum downside of -2710bps in 2021.
  • A 5-year view of Net Margin shows it stood at 20.73% in 2021, then skyrocketed by 47bps to 30.5% in 2022, then plummeted by -85bps to 4.64% in 2023, then surged by 321bps to 19.52% in 2024, then increased by 15bps to 22.49% in 2025.
  • Per Business Quant, the three most recent readings for BKNG's Net Margin are 22.49% (Q4 2025), 30.51% (Q3 2025), and 13.17% (Q2 2025).