Booking Holdings (BKNG) Tax Rate (2009 - 2026)
Booking Holdings (BKNG) posted Tax Rate of 22.59% for Q1 2026, down 3.26% on a QoQ basis from 23.35% in Q4 2025, and up 668.0% year-over-year from 2.94% in Q1 2025.
Booking Holdings (BKNG) Tax Rate (2009 - 2026) Analysis & Trends
Booking Holdings' Tax Rate history runs 18 years deep, the most recent figure standing at 22.59% for Q1 2026.
- Quarterly Tax Rate rose 668.0% year-over-year to 22.59% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 21.46% (up 202.0% YoY) and the FY2025 annual result came in at 20.9%, up 157.0% from the prior year.
- Tax Rate was 22.59% for Q1 2026 at Booking Holdings, down from 23.35% in the prior quarter.
- Across five years, Tax Rate topped out at 45.99% in Q4 2023 and bottomed at 12.21% in Q1 2023.
- A 5-year average of 21.37% and a median of 20.27% in 2023 frame the typical range for Tax Rate.
- Peak annual rise in Tax Rate reached 33240 bps in 2022, while the deepest fall reached 6267 bps in 2022.
- Booking Holdings' Tax Rate stood at 14.94% in 2022, then soared by 208 bps to 45.99% in 2023, then sank by 31 bps to 31.71% in 2024, then decreased by 26 bps to 23.35% in 2025, then slipped by 3 bps to 22.59% in 2026.
- Business Quant data shows BKNG's Tax Rate at 22.59% in Q1 2026, 23.35% in Q4 2025, and 20.78% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Booking Holdings | 136.54 Bn | 120.51 Bn | 3.46 Bn | 22.59% |
| 2 | Royal Caribbean Cruises | 86.11 Bn | 85.59 Bn | 2.21 Bn | 2.66% |
| 3 | Airbnb | 82.27 Bn | 70.26 Bn | 2.10 Bn | 43.06% |
| 4 | Yatra Online | 55.46 Bn | 55.47 Bn | 10.44 Mn | -14.69% |
| 5 | Viking Holdings | 44.18 Bn | 40.37 Bn | 713.43 Mn | -1.63% |
| 6 | Carnival | 34.61 Bn | 32.38 Bn | - | 3.06% |
| 7 | Expedia | 31.38 Bn | 28.88 Bn | 3.05 Bn | 148.00% |
| 8 | Norwegian Cruise Line Holdings | 8.54 Bn | 8.35 Bn | 953.34 Mn | 2.78% |
| 9 | MakeMyTrip | 5.02 Bn | 4.60 Bn | 199.14 Mn | -19.68% |
| 10 | Global Business Travel | 4.83 Bn | 4.43 Bn | 490.00 Mn | -381.82% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 22.59% |
| Mar 31, 2026 | 22.59% |
| Mar 31, 2026 | 22.59% |
| Dec 31, 2025 | 23.35% |
| Dec 31, 2025 | 23.35% |
| Dec 31, 2025 | 23.35% |
| Sep 30, 2025 | 20.78% |
| Sep 30, 2025 | 20.78% |
| Sep 30, 2025 | 20.78% |
| Jun 30, 2025 | 18.93% |
| Jun 30, 2025 | 18.93% |
| Jun 30, 2025 | 18.93% |
| Mar 31, 2025 | 15.91% |
| Mar 31, 2025 | 15.91% |
| Mar 31, 2025 | 15.91% |
| Dec 31, 2024 | 31.71% |
| Dec 31, 2024 | 31.71% |
| Dec 31, 2024 | 31.71% |
| Sep 30, 2024 | 12.27% |
| Sep 30, 2024 | 12.27% |