Booking Holdings Inc (BKNG)

Return on equity (ROE)

		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
Net income (ttm)	US$ in thousands	2,591,000	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	3,563,000	4,712,000	5,569,000	7,033,000	6,907,000	6,724,580	6,722,952
Total stockholders’ equity	US$ in thousands	-2,744,000	-625,000	-665,000	1,074,000	2,782,000	3,670,000	4,002,000	4,373,000	6,178,000	5,545,000	4,799,000	4,764,000	4,893,000	4,913,000	3,999,000	3,831,000	5,933,000	5,951,000	5,307,000	6,915,000
ROE		—	—	—	374.67%	109.92%	66.51%	38.58%	11.89%	18.86%	6.89%	8.63%	14.76%	1.21%	72.52%	117.83%	145.37%	118.54%	116.06%	126.71%	97.22%

December 31, 2023 calculation

ROE = Net income (ttm) ÷ Total stockholders’ equity
= $2,591,000K ÷ $-2,744,000K
= —

Booking Holdings Inc's return on equity (ROE) has demonstrated a positive trend over the past eight quarters. In Q4 2022, the ROE stood at 11.89%, showing a significant increase in Q1 2023 to 374.67%. This substantial surge indicates a strong performance in generating profits relative to shareholders' equity. The company maintained robust ROE levels throughout the following quarters, showing values of 66.51% in Q2 2022 and 38.58% in Q3 2022. Overall, the upward trajectory in ROE suggests that Booking Holdings Inc effectively utilizes its equity to generate profits for its shareholders.