Booking Holdings Inc (BKNG)
Net profit margin
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 2,591,000 | 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 | 3,563,000 | 4,712,000 | 5,569,000 | 7,033,000 | 6,907,000 | 6,724,580 | 6,722,952 |
| Revenue (ttm) | US$ in thousands | 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 | 15,066,000 | 14,940,000 | 14,749,000 | 14,436,000 |
| Net profit margin | 12.13% | 25.70% | 23.04% | 22.14% | 17.89% | 15.24% | 10.54% | 4.16% | 10.63% | 4.15% | 5.77% | 12.44% | 0.87% | 40.05% | 41.71% | 38.36% | 46.68% | 46.23% | 45.59% | 46.57% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $2,591,000K ÷ $21,365,000K
= 12.13%
Booking Holdings Inc's net profit margin has shown a positive trend over the past eight quarters, reflecting the company's ability to generate profits relative to its revenue. The net profit margin ranged from a low of 4.16% in Q1 2022 to a high of 25.70% in Q3 2022.
The company's net profit margin has generally been increasing, with a notable improvement from Q2 2022 onwards. This improvement indicates effective cost management and operational efficiency, leading to a higher percentage of revenue translating into net income.
The most recent net profit margin of 20.07% in Q4 2023 suggests that Booking Holdings Inc continues to maintain strong profitability levels. A net profit margin of over 20% indicates that the company is effectively controlling costs and maximizing profitability from its operations.
Overall, the upward trend in net profit margin for Booking Holdings Inc is a positive sign for investors, as it indicates the company's ability to generate a higher percentage of profits from its revenue over time.
Peer comparison
Dec 31, 2023