Booking Holdings Inc (BKNG)
Operating return on assets (Operating ROA)
| 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 |
| Total assets | US$ in thousands | 27,708,000 | 24,342,000 | 25,361,000 | 23,641,000 | 21,874,000 |
| Operating ROA | 27.27% | 23.97% | 20.12% | 7.66% | 9.76% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $7,555,000K ÷ $27,708,000K
= 27.27%
Booking Holdings Inc's operating return on assets (ROA) has shown fluctuations over the past five years. Starting at 9.76% on December 31, 2020, the operating ROA decreased to 7.66% by December 31, 2021. However, there was a significant improvement in performance in the following years, with the ROA increasing to 20.12% in 2022, 23.97% in 2023, and reaching the highest level of 27.27% by December 31, 2024.
The increasing trend in operating ROA from 2021 to 2024 indicates that Booking Holdings Inc has been more efficient in generating profits from its assets over time. This improvement suggests that the company has enhanced its operational effectiveness and profitability. It is important for investors and stakeholders to track this metric as it reflects the company's ability to generate earnings from its assets and is indicative of its operational efficiency.
Peer comparison
Dec 31, 2024