Booking Holdings Inc

BKNG

Equity

ISIN US09857L1089 / Valor 40656108

NASDAQ (2024-11-22)

USD 5,177.15-0.65%

Booking Holdings Inc
UMushroom community rating:

0.00 0 votes No rating yet

NegativeNeutralPositive

About company

Booking Holdings Inc. stands as a global leader in the online travel industry, offering a wide array of services across more than 220 countries and territories. The company operates through a portfolio of well-known consumer-facing brands including Booking.com, Priceline, Agoda, KAYAK, and OpenTable, supplemented by a collection of subsidiary brands such as Rocketmiles, Fareharbor, HotelsCombined, Cheapflights, and Momondo. This diverse brand portfolio enables Booking Holdings to cater to a broad spectrum of travel and dining needs, ranging from hotel and flight bookings to restaurant reservations. By leveraging technology and a vast network of partners, Booking Holdings aims to streamline the travel planning and booking process, making it more accessible and efficient for consumers worldwide. The company's business model focuses on connecting travelers with a wide range of accommodation and transportation options, thereby facilitating memorable travel experiences while also driving value for its local partners.

Summarized from source with an LLMView SourceSector: Technology

Revenue Growth

Booking Holdings Inc. reported total revenues of $5.9 billion for the second quarter of 2024, marking a 7% increase from the prior-year quarter. On a constant-currency basis, this represents approximately a 9% increase.

Net Income Surge

For the second quarter of 2024, Booking Holdings Inc. achieved a net income of $1.5 billion, which is an 18% increase compared to the same quarter in the previous year. This significant rise underscores the company's strong financial performance.

EPS Increase

Booking Holdings Inc. reported a net income per diluted common share (EPS) of $44.38 for the second quarter of 2024. This represents a 27% increase from the prior-year quarter, reflecting improved profitability and operational efficiency.

Adjusted EBITDA

In the second quarter of 2024, Booking Holdings Inc. recorded an Adjusted EBITDA of $1.9 billion, which is a 7% increase from the same period last year. This metric highlights the company's ability to generate earnings before interest, taxes, depreciation, and amortization.

Dividend Declaration

Booking Holdings Inc.'s Board of Directors declared a cash dividend of $8.75 per share for the third quarter of 2024. The dividend is payable on September 30, 2024, to stockholders of record as of the close of business on September 6, 2024.

Summarized from source with an LLMView Source

Key figures

65.4%1Y

125%3Y

176%5Y

Performance

26.1%1Y

33.6%3Y

37.3%5Y

Volatility