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
DateValue
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%