Booking Holdings (BKNG) Return on Capital Employed [ROCE] (2010 - 2026)
Booking Holdings (BKNG) recorded Return on Capital Employed [ROCE] of 121.68% in Q2 2026, up 41.88 percentage points from 79.79% a year earlier and up 17.61 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).
- The Q2 2026 figure is the highest quarterly Return on Capital Employed [ROCE] in data going back to Q3 2010.
- On a year-over-year basis, Return on Capital Employed [ROCE] has increased for 20 consecutive quarters, with an average year-over-year change of +16.26 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 104.07% (Q1 2026), 71.69% (Q4 2025) and 63.36% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,139.30 Bn | 3,896.82 Bn | 73.85 Bn | 21.49% |
| 2 | Meta Platforms | 1,802.48 Bn | 1,505.00 Bn | 49.47 Bn | 23.74% |
| 3 | Netflix | 295.38 Bn | 255.58 Bn | 6.52 Bn | 30.16% |
| 4 | Alibaba Group Holding | 253.00 Bn | 66.78 Bn | 15.11 Bn | 2.13% |
| 5 | Shopify | 219.40 Bn | 196.59 Bn | 1.71 Bn | 14.37% |
| 6 | Uber Technologies | 143.37 Bn | 115.17 Bn | 6.38 Bn | 13.97% |
| 7 | Booking Holdings | 125.53 Bn | 58.58 Bn | - | 121.68% |
| 8 | PDD Holdings | 113.03 Bn | -130.74 Bn | 9.45 Bn | 22.53% |
| 9 | Spotify Technology | 108.69 Bn | 66.19 Bn | 1.86 Bn | 20.20% |
| 10 | Airbnb | 102.92 Bn | 56.15 Bn | 2.98 Bn | 28.23% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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% |
| Sep 30, 2021 | 8.38% |
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();