Booking Holdings Inc (BKNG)
Pretax margin
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 7,292,000 | 6,139,000 | 6,419,000 | 6,115,000 | 5,481,000 | 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 | 1,742,000 | 3,270,000 | 4,268,000 |
| Revenue (ttm) | US$ in thousands | 23,739,000 | 23,052,000 | 22,399,000 | 22,002,000 | 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 |
| Pretax margin | 30.72% | 26.63% | 28.66% | 27.79% | 25.65% | 31.61% | 28.69% | 27.93% | 22.95% | 20.52% | 14.20% | 7.15% | 13.37% | 9.70% | 10.60% | 17.90% | 8.34% | 19.58% | 28.95% | 29.40% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $7,292,000K ÷ $23,739,000K
= 30.72%
The pretax margin of Booking Holdings Inc has shown fluctuations over the specified period, reflecting changes in the company's profitability before taxes.
Starting at a robust 29.4% in March 2020, the pretax margin experienced a gradual decline, reaching its lowest point at 7.15% by March 2022. This decline may indicate challenges in cost management or revenue generation during this period.
However, from June 2022 onwards, the pretax margin began to recover steadily, hitting 30.72% by December 2024, showing a significant improvement compared to the low point in 2022. This uptrend likely signals improved operational efficiency and financial performance for Booking Holdings Inc.
Overall, the pretax margin data suggests that the company faced challenges in maintaining profitability in the early stages of the analyzed period but successfully managed to improve its margin over time, indicating a positive trajectory in its financial performance.
Peer comparison
Dec 31, 2024