Booking Holdings (BKNG) Return on Capital Employed [ROCE] (2010 - 2026)
Booking Holdings (BKNG) recorded Return on Capital Employed [ROCE] of 96.01% in Q3 2026, up 32.65 percentage points from 63.36% a year earlier but down 25.67 percentage points from the prior quarter.
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Analysis
Booking Holdings (BKNG) Return on Capital Employed [ROCE] (2010 - 2026) Analysis & Trends
For FY2025, Booking Holdings reported Return on Capital Employed [ROCE] of 74.86%, up 2.07 percentage points from FY2024.
- Annual Return on Capital Employed [ROCE] has increased for five straight years, with a five-year change of +78.33 percentage points (FY2020 to FY2025).
- Across earlier years, Return on Capital Employed [ROCE] came in at 72.80% in FY2024 (+22.15 pp), 50.64% in FY2023 (+18.81 pp), 31.83% in FY2022 (+16.72 pp) and 15.12% in FY2021 (+18.58 pp).
- Quarterly Return on Capital Employed [ROCE] has ranged from 14.47% in Q4 2021 to 121.68% in Q2 2026 over the past five years.
- On a year-over-year basis, Return on Capital Employed [ROCE] has increased for 21 consecutive quarters, with an average year-over-year change of +19.58 percentage points over the last eight quarters.
- The year-over-year gain in Return on Capital Employed [ROCE] has ranged between 3.68 percentage points (Q1 2025) and 41.88 percentage points (Q2 2026) over the last five years.
- Per Business Quant, the preceding three quarters came in at 121.68% (Q2 2026), 104.07% (Q1 2026) and 71.69% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 3,462.85 Bn | 3,197.75 Bn | 76.16 Bn | 18.96% |
| 2 | Meta Platforms | 1,559.43 Bn | 1,223.94 Bn | 51.23 Bn | 19.78% |
| 3 | Netflix | 262.12 Bn | 223.42 Bn | 6.80 Bn | 33.64% |
| 4 | Alibaba Group Holding | 253.57 Bn | 67.20 Bn | 15.16 Bn | 2.15% |
| 5 | Shopify | 191.77 Bn | 170.57 Bn | 1.78 Bn | 15.96% |
| 6 | Uber Technologies | 139.89 Bn | 110.71 Bn | 6.42 Bn | 13.04% |
| 7 | AppLovin | 130.31 Bn | 118.84 Bn | 1.94 Bn | 85.44% |
| 8 | Spotify Technology | 123.80 Bn | 80.72 Bn | 1.89 Bn | 20.03% |
| 9 | Booking Holdings | 120.61 Bn | 54.35 Bn | - | 96.01% |
| 10 | PDD Holdings | 116.11 Bn | -127.94 Bn | 9.48 Bn | 22.60% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 96.01% |
| Jun 30, 2026 | 121.68% |
| 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% |
API Access
Booking Holdings Return on Capital Employed [ROCE] 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=return-on-capital-employed-%5Broce%5D&ticker=BKNG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "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=return-on-capital-employed-%5Broce%5D&ticker=BKNG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();