Booking Holdings Inc (BKNG)

Return on assets (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
Net income (ttm)	US$ in thousands	5,882,000	5,036,000	5,030,000	4,799,000	4,289,000	5,302,000	4,457,000	4,024,000	3,058,000	2,441,000	1,544,000	520,000	1,165,000	382,000	414,000	703,000	59,000	1,395,000	2,544,000	3,401,000
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
ROA		21.23%	18.00%	17.62%	17.31%	17.62%	20.68%	16.78%	15.96%	12.06%	11.06%	6.30%	2.32%	4.93%	1.64%	1.73%	2.97%	0.27%	6.30%	12.17%	19.04%

December 31, 2024 calculation

ROA = Net income (ttm) ÷ Total assets
= $5,882,000K ÷ $27,708,000K
= 21.23%

Booking Holdings Inc's return on assets (ROA) has shown fluctuations over the past few years. The ROA decreased significantly from 19.04% as of March 31, 2020, to 0.27% as of December 31, 2020. This decline may indicate a decrease in the company's efficiency in generating profits from its assets during that period.

However, the ROA began to recover in the following quarters, showing some positive trends. It increased to 4.93% by December 31, 2021, and further improved to 21.23% by December 31, 2024. This upward trend suggests that Booking Holdings Inc was able to enhance its profitability relative to its asset base over time.

Overall, the ROA data illustrates Booking Holdings Inc's ability to generate profit from its assets, with performance improving after a period of decline. Investors and analysts may continue to monitor the ROA metric to assess the company's efficiency in utilizing its assets to drive earnings growth.