Booking Holdings (BKNG) Return on Capital Employed (2010 - 2026)
Booking Holdings (BKNG) reported Return on Capital Employed of 104.07% for Q1 2026, up 3328.0% on a YoY basis from 3.04% in Q1 2025, and up 45.16% quarter-over-quarter from 71.69% in Q4 2025.
Booking Holdings (BKNG) Return on Capital Employed (2010 - 2026) Analysis & Trends
Booking Holdings has reported Return on Capital Employed for 17 years, with the latest figure at 104.07% in Q1 2026.
- For the quarter ending Q1 2026, Return on Capital Employed rose 3328.0% year-over-year to 104.07%; the trailing twelve-month figure through Mar 2026 stood at 104.07% (up 3328.0% YoY), and the FY2025 full-year result was 74.86%, up 207.0% from the prior year.
- Return on Capital Employed for Q1 2026 stood at 104.07%, up from 71.69% in the prior quarter.
- The five-year high for Return on Capital Employed was 104.07% in Q1 2026, with the low at 19.19% in Q1 2022.
- Historically, Return on Capital Employed has averaged 55.03% across 5 years, with a median of 55.56% in 2024.
- 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 jumped by 49 bps to 50.05% in 2023, then advanced by 24 bps to 61.95% in 2024, then grew by 16 bps to 71.69% in 2025, then soared by 45 bps to 104.07% in 2026.
- The last three Return on Capital Employed figures came in at 104.07% (Q1 2026), 71.69% (Q4 2025), and 63.36% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Booking Holdings | 131.01 Bn | 114.99 Bn | 3.46 Bn | 104.07% |
| 2 | Airbnb | 79.86 Bn | 67.85 Bn | 2.10 Bn | 31.79% |
| 3 | Royal Caribbean Cruises | 75.60 Bn | 75.08 Bn | 2.21 Bn | 16.68% |
| 4 | Carnival | 37.80 Bn | 36.39 Bn | - | 11.60% |
| 5 | Expedia | 27.88 Bn | 22.09 Bn | 3.05 Bn | 35.97% |
| 6 | Norwegian Cruise Line Holdings | 8.56 Bn | 8.38 Bn | 953.34 Mn | 0.57% |
| 7 | Global Business Travel | 4.79 Bn | 4.35 Bn | 714.00 Mn | 2.23% |
| 8 | Travel & Leisure | 4.51 Bn | 4.25 Bn | 926.00 Mn | - |
| 9 | Trip.com | 4.42 Bn | -788.25 Mn | 1.74 Bn | 8.24% |
| 10 | MakeMyTrip | 2.12 Bn | 1.35 Bn | - | 10.65% |
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% |