Booking Holdings Inc (BKNG)
Operating return on assets (Operating ROA)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 7,555,000 | 6,436,000 | 6,360,000 | 6,177,000 | 5,836,000 | 6,571,000 | 6,051,000 | 5,378,000 | 5,102,000 | 4,605,000 | 4,037,000 | 2,981,000 | 2,496,000 | 1,495,000 | -205,000 | -633,000 | -631,000 | 694,000 | 2,749,000 | 4,480,000 |
| Total assets | US$ in thousands | 27,708,000 | 27,978,000 | 28,541,000 | 27,728,000 | 24,342,000 | 25,635,000 | 26,558,000 | 25,206,000 | 25,361,000 | 22,063,000 | 24,493,000 | 22,384,000 | 23,641,000 | 23,341,000 | 23,881,000 | 23,655,000 | 21,874,000 | 22,145,000 | 20,912,000 | 17,862,000 |
| Operating ROA | 27.27% | 23.00% | 22.28% | 22.28% | 23.98% | 25.63% | 22.78% | 21.34% | 20.12% | 20.87% | 16.48% | 13.32% | 10.56% | 6.41% | -0.86% | -2.68% | -2.88% | 3.13% | 13.15% | 25.08% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $7,555,000K ÷ $27,708,000K
= 27.27%
Booking Holdings Inc's operating return on assets (ROA) shows fluctuations over the periods provided. The operating ROA was positive, starting at a robust 25.08% as of March 31, 2020, and gradually decreasing to a negative figure by the end of December 2020.
The negative trend continued into the first half of 2021 with operating ROA still in negative territory. However, starting from September 2021, there was a reversal in the negative trend, with a steady increase in operating ROA. This positive trend continued into 2024, with the operating ROA reaching a peak of 27.27% as of December 31, 2024.
Overall, the operating ROA demonstrates Booking Holdings Inc's ability to generate operating income from its assets, with the recent uptrend indicating improved operational efficiency and profitability. It is essential for investors and stakeholders to monitor and analyze this ratio to gauge the company's operational performance and efficiency in utilizing its assets effectively.
Peer comparison
Dec 31, 2024