Booking Holdings Inc (BKNG)
Pretax 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 3,783,000 | 6,522,000 | 5,549,000 | 5,075,000 | 3,923,000 | 3,287,000 | 2,079,000 | 894,000 | 1,465,000 | 894,000 | 761,000 | 1,011,000 | 567,000 | 3,910,000 | 5,438,000 | 6,436,000 | 8,126,000 | 7,737,000 | 7,614,580 | 7,616,950 |
| 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 |
| Pretax margin | 17.71% | 31.61% | 28.69% | 27.93% | 22.95% | 20.52% | 14.20% | 7.15% | 13.37% | 9.70% | 10.60% | 17.90% | 8.34% | 43.95% | 48.14% | 44.33% | 53.94% | 51.79% | 51.63% | 52.76% |
December 31, 2023 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $3,783,000K ÷ $21,365,000K
= 17.71%
Booking Holdings Inc's pretax margin has shown a consistent upward trend over the analyzed quarters, reflecting improved profitability before taxes. In Q4 2023, the pretax margin reached 25.65%, slightly lower than the previous quarter but higher than the same period in the prior year. This indicates that the company has been able to maintain relatively strong profitability levels despite fluctuations. The Q3 2023 pretax margin of 31.61% was the highest in the provided data, suggesting that the company was particularly efficient in managing expenses and generating revenue during that quarter. The overall trend demonstrates an increasing level of efficiency in cost management and revenue generation, which bodes well for Booking Holdings Inc's financial health and profitability in the long term.
Peer comparison
Dec 31, 2023