Booking Holdings Inc (BKNG)
Return on total capital
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | 5,997,000 | 6,378,000 | 4,314,000 | 1,799,000 | 923,000 |
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | -4,020,000 | -2,744,000 | 2,782,000 | 6,178,000 | 4,893,000 |
| Return on total capital | — | — | 155.07% | 29.12% | 18.86% |
December 31, 2024 calculation
Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $5,997,000K ÷ ($—K + $-4,020,000K)
= —
Booking Holdings Inc's return on total capital has shown a significant improvement over the years, increasing from 18.86% as of December 31, 2020, to 29.12% as of December 31, 2021, and further surging to 155.07% as of December 31, 2022. This steep rise indicates that the company has been able to generate substantial returns compared to the total capital employed, reflecting efficient capital utilization and potentially strong operational performance.
The absence of data for December 31, 2023, and December 31, 2024, could suggest missing or incomplete information, making it challenging to assess the company's performance for those years. However, based on the available data, Booking Holdings Inc has demonstrated a remarkably high return on total capital, which indicates a profitable and effective use of its resources to generate earnings for shareholders.
Peer comparison
Dec 31, 2024