Booking Holdings (BKNG) Tax Rate (2009 - 2026)
Booking Holdings (BKNG) reported Tax Rate of 22.59% for Q1 2026, up 668.0% on a YoY basis from 2.94% in Q1 2025, and down 3.26% quarter-over-quarter from 23.35% in Q4 2025.
Booking Holdings (BKNG) Tax Rate (2009 - 2026) Analysis & Trends
Booking Holdings has reported Tax Rate for 18 years, with the latest figure at 22.59% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate rose 668.0% year-over-year to 22.59%; the trailing twelve-month figure through Mar 2026 stood at 21.46% (up 202.0% YoY), and the FY2025 full-year result was 20.9%, up 157.0% from the prior year.
- Tax Rate for Q1 2026 stood at 22.59%, down from 23.35% in the prior quarter.
- The five-year high for Tax Rate was 45.99% in Q4 2023, with the low at 12.21% in Q1 2023.
- Historically, Tax Rate has averaged 21.37% across 5 years, with a median of 20.27% in 2023.
- The largest YoY upside for Tax Rate was 33240 bps in 2022 against a maximum downside of 6267 bps in 2022.
- Booking Holdings' Tax Rate stood at 14.94% in 2022, then jumped by 208 bps to 45.99% in 2023, then tumbled by 31 bps to 31.71% in 2024, then fell by 26 bps to 23.35% in 2025, then retreated by 3 bps to 22.59% in 2026.
- The last three Tax Rate figures came in at 22.59% (Q1 2026), 23.35% (Q4 2025), and 20.78% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Booking Holdings | 131.01 Bn | 114.99 Bn | 3.46 Bn | 22.59% |
| 2 | Airbnb | 79.86 Bn | 67.85 Bn | 2.10 Bn | 43.06% |
| 3 | Royal Caribbean Cruises | 75.60 Bn | 75.08 Bn | 2.21 Bn | 2.66% |
| 4 | Carnival | 37.80 Bn | 36.39 Bn | - | 6.07% |
| 5 | Expedia | 27.88 Bn | 22.09 Bn | 3.05 Bn | 148.00% |
| 6 | Norwegian Cruise Line Holdings | 8.56 Bn | 8.38 Bn | 953.34 Mn | 2.78% |
| 7 | Global Business Travel | 4.79 Bn | 4.35 Bn | 714.00 Mn | -381.82% |
| 8 | Travel & Leisure | 4.51 Bn | 4.25 Bn | 926.00 Mn | 26.85% |
| 9 | Trip.com | 4.42 Bn | -788.25 Mn | 1.74 Bn | -31.32% |
| 10 | MakeMyTrip | 2.12 Bn | 1.35 Bn | - | -19.68% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 22.59% |
| Mar 31, 2026 | 22.59% |
| Dec 31, 2025 | 23.35% |
| Dec 31, 2025 | 23.35% |
| Sep 30, 2025 | 20.78% |
| Sep 30, 2025 | 20.78% |
| Jun 30, 2025 | 18.93% |
| Jun 30, 2025 | 18.93% |
| Mar 31, 2025 | 15.91% |
| Mar 31, 2025 | 15.91% |
| Dec 31, 2024 | 31.71% |
| Dec 31, 2024 | 31.71% |
| Sep 30, 2024 | 12.27% |
| Sep 30, 2024 | 12.27% |
| Jun 30, 2024 | 20.86% |
| Jun 30, 2024 | 20.86% |
| Mar 31, 2024 | 17.18% |
| Mar 31, 2024 | 17.18% |
| Dec 31, 2023 | 45.99% |
| Dec 31, 2023 | 45.99% |