Booking Holdings Inc (BKNG)
Operating profit margin
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Operating income | US$ in thousands | 7,555,000 | 5,835,000 | 5,102,000 | 1,812,000 | 2,134,000 |
Revenue | US$ in thousands | 23,739,000 | 21,365,000 | 17,090,000 | 10,958,000 | 6,796,000 |
Operating profit margin | 31.83% | 27.31% | 29.85% | 16.54% | 31.40% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $7,555,000K ÷ $23,739,000K
= 31.83%
The operating profit margin of Booking Holdings Inc has displayed some fluctuations over the observed period. Starting at 31.40% on December 31, 2020, the margin declined significantly to 16.54% by December 31, 2021. However, the margin showed signs of recovery in the subsequent years, reaching 29.85% on December 31, 2022. There was a slight decrease to 27.31% by December 31, 2023, before rising again to 31.83% by December 31, 2024. Overall, the company's operating profit margin has demonstrated variability, but has managed to maintain a healthy level above 20% in recent years, indicating efficient operational management.
Peer comparison
Dec 31, 2024