About Booking Holdings Inc. Common St
Booking Holdings Inc., together with its subsidiaries, provides online and traditional travel and restaurant reservations and related services in the United States, the Netherlands, the United Kingdom, and internationally. The company operates Booking.com, which offers online accommodation reservations; and Priceline, which provides discount travel reservations services, as well as online accommodation, flight, rental car reservation services, vacation packages, cruises, activity, and affiliate programs. It also operates Agoda that offers online accommodation reservation, flight, ground transportation, and attractions. In addition, the company operates KAYAK, an online meta-search service that allows consumers to search and compare travel itineraries and prices; and OpenTable for booking online restaurant reservations, as well as reservation management services to restaurants. Further, it offers travel-related insurance products, payment facilitation, and restaurant management services to consumers, travel service providers, and restaurants; and advertising services. The company was formerly known as The Priceline Group Inc. and changed its name to Booking Holdings Inc. in February 2018. Booking Holdings Inc. was founded in 1997 and is headquartered in Norwalk, Connecticut.
Booking Holdings Inc. Common St (BKNG) is a Consumer Cyclical company in the Travel Services industry with a market capitalisation of $131B. The stock trades at 19.37x trailing earnings and yields 0.97%.
- Sector
- Consumer Cyclical
- Industry
- Travel Services
- Market cap
- $131B
- P/E ratio
- 19.37
- Forward P/E
- 14.08
- EPS (TTM)
- $9.00
- Revenue (TTM)
- $28.2B
- Free cash flow
- $7.7B
- Profit margin
- 25.5%
- Dividend yield
- 0.97%
- Beta
- 1.07
- Shares outstanding
- 751.4M
Financial health: Strong8.2/10
8 strengths, 1 concern. Weakest points: return on equity.
- Debt to equity: -3.36 (Strong, benchmark < 0.5) — Debt of -3.36x equity is conservative against the 0.5x benchmark. It has improved over the last 4 years.
- Net debt vs cash flow: 0.2y (Strong, benchmark < 4 years) — Net debt of $1.5B is 0.2x annual free cash flow — under a year of cash flow to repay.
- Current ratio: 1.33 (Watch, benchmark > 1.5) — Short-term assets cover 1.33x short-term liabilities, against Graham's 1.5x floor. It has deteriorated over the last 4 years.
- Return on equity: -96.9% (Concern, benchmark > 15%) — Earns -96.9% on shareholder equity, well short of the > 15% mark.
- Gross margin: 87.2% (Strong, benchmark > 40%) — Keeps 87.2% of revenue after the direct cost of sales, comfortably past the > 40% mark.
- Net margin: 25.5% (Strong, benchmark > 10%) — Turns 25.5% of revenue into profit, comfortably past the > 10% mark.
- Free cash flow: $9.1B (Strong, benchmark positive) — Generated $9.1B of free cash flow after capital spending. It has improved over the last 4 years.
- Revenue growth: 8.1% (Watch, benchmark > 10%) — Revenue changed 8.1% year on year, short of the > 10% mark.
- Earnings growth: 130.0% (Strong, benchmark > 10%) — Earnings changed 130.0% year on year, comfortably past the > 10% mark.
- PEG ratio: 0.64 (Strong, benchmark < 1) — At 0.64, the price looks cheap relative to expected growth — Lynch treated 1.0 as fair value.
- Payout ratio: 17.9% (Strong, benchmark < 60%) — Pays out 17.9% of earnings as dividends, leaving room to keep paying.