Booking Holdings Inc (BKNG)

Return on equity (ROE)

		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 stockholders’ equity	US$ in thousands	-4,020,000	-3,653,000	-4,276,000	-4,052,000	-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	4,804,000	4,764,000	4,893,000	4,913,000	3,999,000	3,835,000
ROE		—	—	—	—	—	—	—	374.67%	109.92%	66.51%	38.58%	11.89%	18.86%	6.89%	8.62%	14.76%	1.21%	28.39%	63.62%	88.68%

December 31, 2024 calculation

ROE = Net income (ttm) ÷ Total stockholders’ equity
= $5,882,000K ÷ $-4,020,000K
= —

Booking Holdings Inc's return on equity (ROE) has experienced significant fluctuations over the past few years based on the provided data.

Starting from March 31, 2020, the ROE was at a high of 88.68%, indicating strong profitability in relation to shareholders' equity. However, the ROE declined to 1.21% by December 31, 2020, suggesting a sharp decrease in profitability and efficiency in generating returns for equity holders.

Subsequently, there was a gradual recovery in ROE, reaching 38.58% by June 30, 2022, and a substantial increase to 109.92% by December 31, 2022, highlighting a significant improvement in profitability and efficient utilization of equity.

The ROE further surged to 374.67% by March 31, 2023, indicating a remarkable performance in generating returns compared to the equity invested.

However, there is missing data for the subsequent periods from June 30, 2023, onwards, which limits the ability to assess the trend further.

In conclusion, Booking Holdings Inc's ROE has shown variability, with periods of both high profitability and lower returns, indicating the importance of monitoring and analyzing this metric over time to evaluate the company's operational efficiency and profitability relative to shareholders' equity.