Booking Holdings Inc (BKNG)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 5,882,000 | 4,289,000 | 3,058,000 | 1,165,000 | 59,000 |
| Revenue | US$ in thousands | 23,739,000 | 21,365,000 | 17,090,000 | 10,958,000 | 6,796,000 |
| Net profit margin | 24.78% | 20.07% | 17.89% | 10.63% | 0.87% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $5,882,000K ÷ $23,739,000K
= 24.78%
The net profit margin of Booking Holdings Inc has shown significant improvement over the years, reflecting the company's ability to effectively manage costs and generate profits from its operations. Starting at 0.87% on December 31, 2020, the net profit margin has steadily increased to 24.78% by December 31, 2024. This consistent growth indicates the company's increasing efficiency in converting revenue into net income, which is a positive sign for investors. The rising trend in net profit margin demonstrates Booking Holdings Inc's strong financial performance and strategic management decisions, highlighting its ability to drive profitability and create value for its stakeholders over time.
Peer comparison
Dec 31, 2024