Booking Holdings Inc (BKNG)
Net profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 5,882,000 | 5,036,000 | 5,030,000 | 4,799,000 | 4,289,000 | 5,302,000 | 4,457,000 | 4,024,000 | 3,058,000 | 2,441,000 | 1,544,000 | 520,000 | 1,165,000 | 382,000 | 414,000 | 703,000 | 59,000 | 1,395,000 | 2,544,000 | 3,401,000 |
| Revenue (ttm) | US$ in thousands | 23,739,000 | 23,052,000 | 22,399,000 | 22,002,000 | 21,365,000 | 20,630,000 | 19,341,000 | 18,173,000 | 17,090,000 | 16,022,000 | 14,646,000 | 12,512,000 | 10,958,000 | 9,215,000 | 7,179,000 | 5,649,000 | 6,796,000 | 8,897,000 | 11,297,000 | 14,517,000 |
| Net profit margin | 24.78% | 21.85% | 22.46% | 21.81% | 20.07% | 25.70% | 23.04% | 22.14% | 17.89% | 15.24% | 10.54% | 4.16% | 10.63% | 4.15% | 5.77% | 12.44% | 0.87% | 15.68% | 22.52% | 23.43% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $5,882,000K ÷ $23,739,000K
= 24.78%
The net profit margin of Booking Holdings Inc has shown fluctuations over the past five years. The trend indicates that the company's profitability has experienced periods of both growth and decline.
In March 2020, the net profit margin was reported at 23.43%, indicating a strong profitability level for the company. However, by December 2020, the margin significantly dropped to 0.87%, reflecting a sharp decline in profitability possibly due to various factors affecting the business during that period.
Subsequently, there were fluctuations in the net profit margin throughout 2021 and the first half of 2022, with margins ranging between 4.15% and 10.54%. These fluctuations suggest that the company faced challenges in maintaining consistent profitability during this period.
From September 2022 onwards, there was a notable improvement in the net profit margins, reaching levels above 15%. This upward trend continued into 2024, with margins exceeding 20% in most quarters.
The increasing trend in net profit margins from September 2022 to December 2024 indicates a positive trajectory for Booking Holdings Inc's profitability. This improvement may be attributed to strategic decisions, operational efficiencies, or improving market conditions that positively impacted the company's financial performance during this period.
Peer comparison
Dec 31, 2024