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Companies / Consumer Discretionary / Booking Holdings
BKNG

Booking Holdings

Consumer DiscretionaryTransportation & UtilitiesS&P 500
Ticker BKNGNORWALK, CTFiscal year ends DecemberBook value per share $-13.79Diluted shares 782.0M

Booking Holdings Inc. (NASDAQ: BKNG) operates as a global leader in online travel and restaurant reservation services through its portfolio of five primary consumer-facing brands: Booking.com, Priceline, Agoda, KAYAK, and OpenTable. The company's website is www.bookingholdings.com. From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$26.92BFY2025
+13.4% year over year
Last 12 mo $28.24B
32.79%FY2025
+1 percentage points
Last 12 mo 32.87%
$5.40BFY2025
−8.1% year over year
Last 12 mo $7.21B
-106.27%FY2025
+40.7 percentage points
Cash & financing
$9.41BFY2025
+13.0% year over year
Last 12 mo $9.86B
$9.09BFY2025
+15.1% year over year
Last 12 mo $9.54B
-3.36FY2025
Was -4.13× a year earlier
Last 12 mo -1.87
32.6MFY2025
−4.2% year over year
Last 12 mo 782.0M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Booking Holdings does

In the company’s own words

Booking Holdings Inc. (NASDAQ: BKNG) operates as a global leader in online travel and restaurant reservation services through its portfolio of five primary consumer-facing brands: Booking.com, Priceline, Agoda, KAYAK, and OpenTable. The company's website is www.bookingholdings.com.

The company generates substantially all revenues from online travel reservation services that facilitate bookings between travelers and travel service providers. For the fiscal year ended December 31, 2025, Booking Holdings reported total revenues of $26.9 billion, classified into three categories: merchant revenues derived from transactions where the company facilitates payments at booking; agency revenues from travel transactions where payments are not facilitated; and advertising and other revenues from referrals, advertising placements, and restaurant management services.

Booking.com serves as the world's leading accommodation reservation brand, offering reservations for approximately 4.4 million properties across over 220 countries and territories in more than 40 languages. The platform includes approximately 500,000 hotels, motels, and resorts alongside 3.9 million alternative accommodations. Booking.com also offers flights in over 55 markets, ground transportation, rental cars, and in-destination activities. Priceline operates primarily in North America offering accommodations, flights, rental cars, vacation packages, and cruises. Agoda focuses on the Asia-Pacific region with accommodation, flight, ground transportation, and attraction offerings. KAYAK provides meta-search services across over 60 countries and territories, allowing consumers to compare travel options from multiple platforms. OpenTable operates as a leading restaurant reservation platform, primarily in the United States.

As of December 31, 2025, the company employed approximately 24,300 employees, with roughly 2,900 based in the United States and 21,400 internationally. The company operates across multiple geographic markets and maintains a diverse, globally distributed workforce. Booking Holdings pursues a strategic vision centered on its Connected Trip concept, which aims to provide personalized, seamless travel planning and booking experiences enhanced by generative artificial intelligence capabilities. The company continues to invest in technology modernization, alternative accommodations expansion, payment platform development, and geographic expansion, particularly in Asia and the United States.

Company details
Sector
Consumer Discretionary
Industry (SIC)
Transportation & Utilities
Headquarters
NORWALK, CT
Fiscal year end
December
CIK
1075531
SIC
4700

Financial performance, year by year

Fiscal 2013–2025 · USD
$-2.82B$5.65B$14.12B$22.59B$31.07B2013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Booking Holdings — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

1.2K
funds hold it
3 of 35
superinvestors hold it
$50.32B
held by funds, at market
38.2%
of shares held by funds
25
bond issues held by funds

Superinvestors in Booking Holdings · what they did last quarter

Bill NygrenNEW
Harris Associates (Oakmark)
0.4%of 13F portfolio
Pat DorseyINCREASED +4409.2%
Dorsey Asset Management
8.5%of 13F portfolio
Francois RochonINCREASED +2375.1%
Giverny Capital
3.1%of 13F portfolio

Share of each manager’s reported 13F portfolio. Change is in shares held, since the previous quarter.

Largest fund holders · Booking Holdings’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.19%of fund net assets
VANGUARD 500 INDEX FUND
VOO · VANGUARD INDEX FUNDS
0.21%of fund net assets
0.60%of fund net assets
Dodge & Cox Stock Fund
DODGX · Dodge & Cox Funds
1.82%of fund net assets
iShares Core S&P 500 ETF
IVV · iShares Trust
0.21%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Booking Holdings’s bonds, as funds hold them

Funds report holding 25 issues of Booking Holdings’s debt, $355.48M at market value — what funds hold, not the company’s total debt. Weighted-average coupon 3.98%, maturing 2026 to 2046.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Fund ownership is a subset of institutional 13F ownership — the two describe overlapping populations and must not be added together.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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  • “How do Booking Holdings and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of Booking Holdings's earnings go — cash, debt, buybacks, reinvestment?”
  • “What changed in Booking Holdings's last four quarterly filings that the numbers alone won't show?”
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