Booking Holdings (BKNG) Return on Capital Employed (2010 - 2026)
Booking Holdings (BKNG) posted Return on Capital Employed of 104.07% for Q1 2026, up 45.16% on a QoQ basis from 71.69% in Q4 2025, and up 3328.0% year-over-year from 3.04% in Q1 2025.
Booking Holdings (BKNG) Return on Capital Employed (2010 - 2026) Analysis & Trends
Booking Holdings' Return on Capital Employed history runs 17 years deep, the most recent figure standing at 104.07% for Q1 2026.
- Quarterly Return on Capital Employed rose 3328.0% year-over-year to 104.07% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 104.07% (up 3328.0% YoY) and the FY2025 annual result came in at 74.86%, up 207.0% from the prior year.
- Return on Capital Employed was 104.07% for Q1 2026 at Booking Holdings, up from 71.69% in the prior quarter.
- Across five years, Return on Capital Employed topped out at 104.07% in Q1 2026 and bottomed at 19.19% in Q1 2022.
- A 5-year average of 55.03% and a median of 55.56% in 2024 frame the typical range for Return on Capital Employed.
- Annual changes were most pronounced in 2025 — Return on Capital Employed surged 368 bps — and 2026, when it jumped 3328 bps.
- Booking Holdings' Return on Capital Employed stood at 33.48% in 2022, then soared by 49 bps to 50.05% in 2023, then grew by 24 bps to 61.95% in 2024, then rose by 16 bps to 71.69% in 2025, then surged by 45 bps to 104.07% in 2026.
- Business Quant data shows BKNG's Return on Capital Employed at 104.07% in Q1 2026, 71.69% in Q4 2025, and 63.36% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Booking Holdings | 136.54 Bn | 120.51 Bn | 3.46 Bn | 104.07% |
| 2 | Royal Caribbean Cruises | 86.11 Bn | 85.59 Bn | 2.21 Bn | 16.68% |
| 3 | Airbnb | 82.27 Bn | 70.26 Bn | 2.10 Bn | 31.79% |
| 4 | Yatra Online | 55.46 Bn | 55.47 Bn | 10.44 Mn | -1.24% |
| 5 | Viking Holdings | 44.18 Bn | 40.37 Bn | 713.43 Mn | 54.76% |
| 6 | Carnival | 34.61 Bn | 32.38 Bn | - | 11.61% |
| 7 | Expedia | 31.38 Bn | 28.88 Bn | 3.05 Bn | 35.97% |
| 8 | Norwegian Cruise Line Holdings | 8.54 Bn | 8.35 Bn | 953.34 Mn | 9.40% |
| 9 | MakeMyTrip | 5.02 Bn | 4.60 Bn | 199.14 Mn | 10.65% |
| 10 | Global Business Travel | 4.83 Bn | 4.43 Bn | 490.00 Mn | 2.23% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 104.07% |
| Dec 31, 2025 | 71.69% |
| Sep 30, 2025 | 63.36% |
| Jun 30, 2025 | 79.79% |
| Mar 31, 2025 | 70.79% |
| Dec 31, 2024 | 61.95% |
| Sep 30, 2024 | 55.56% |
| Jun 30, 2024 | 64.05% |
| Mar 31, 2024 | 67.11% |
| Dec 31, 2023 | 50.05% |
| Sep 30, 2023 | 49.54% |
| Jun 30, 2023 | 45.15% |
| Mar 31, 2023 | 37.84% |
| Dec 31, 2022 | 33.48% |
| Sep 30, 2022 | 31.25% |
| Jun 30, 2022 | 30.68% |
| Mar 31, 2022 | 19.19% |
| Dec 31, 2021 | 14.47% |
| Sep 30, 2021 | 8.38% |
| Jun 30, 2021 | -1.20% |