Booking Holdings Inc.(BKNG)Stock Analysis
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Rank #1,171 of 2,879 stocksTOP 50%
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Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Aug 14, 2026.
Revenue Growth
Profitability
Balance Sheet
Earnings Quality
Free Cash Flow
Institutional Flow
Revenue Scale
Dilution Risk
BKNG Stock Analysis & AI Quality Score
AI stock analysis and institutional research for Booking Holdings Inc. (BKNG), a Consumer Discretionary sector company. 13F Pro's AI-powered ranking engine scores BKNG at 55.3/100 on a 32-signal composite quality model, placing it at rank #1,171 of 2,879 stocks — the top half of the AI-ranked universe. BKNG scores in the top quartile across revenue scale (94.7), free cash flow (90.4). Areas of concern include institutional flow (0.1) and profitability (30.0), which score below median versus the broader universe. Shareholder dilution risk is elevated at 39.1/100, reflecting ongoing share issuance or stock-based compensation. Based on the latest XBRL financial filings (Q1 2026), Booking Holdings Inc. reports quarterly revenue of $5.5B, net income of $1.1B, an operating margin of 23.0%. Top institutional holders of BKNG by reported 13-F value include BlackRock,, VANGUARD CAPITAL MANAGEMENT, STATE STREET, based on the most recent SEC filings. BKNG trades on the Nasdaq exchange and files with the SEC under CIK 1075531. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate BKNG daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for Booking Holdings Inc. directly from SEC EDGAR. Booking Holdings Inc.'s 13F Pro composite quality score has ranged between 8 and 90 since 2021, currently 55.3 — an improving long-term trajectory across 56 quarterly and live scoring snapshots.
Revenue
Q1 2026
$5.5B
Net Income
Q1 2026
$1.1B
Free Cash Flow
Q1 2026
$3.1B
Operating Margin
Q1 2026
23.0%
Revenue & Net Income
Earnings Per Share
Key Financials Over Time
Export Financial Table · Pro+Revenue
+57.5% YoYNet Income
+76.7% YoYOperating Income
+73.0% YoYEPS (Diluted)
+116.9% YoYTotal Assets
+15.4% YoYTotal Debt
+58.8% YoYOp. Cash Flow
+43.6% YoY| Metric | FY 2025 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2017 |
|---|---|---|---|---|---|---|
| Revenue | $26.92B +57.5% | $17.09B +56.0% | $10.96B +61.2% | $6.80B -54.9% | $15.07B +18.8% | $12.68B |
| Net Income | $5.40B +76.7% | $3.06B +162.5% | $1.17B | — | — | — |
| Operating Income | $8.82B +73.0% | $5.10B +104.4% | $2.50B +495.6% | $-631.0M -111.8% | $5.34B +17.8% | $4.54B |
| EPS (Diluted) | $6.62 +116.9% | $3.05 +171.0% | $1.13 +1856.3% | $0.06 -98.7% | $4.47 +138.6% | $1.87 |
| Total Assets | $29.26B +15.4% | $25.36B +7.3% | $23.64B +8.1% | $21.87B +2.2% | $21.40B -15.9% | $25.45B |
| Total Debt | $20.62B +58.8% | $12.98B +18.8% | $10.93B -9.1% | $12.01B +57.3% | $7.64B -13.3% | $8.81B |
| Operating Cash Flow | $9.41B +43.6% | $6.55B +132.4% | $2.82B +3217.6% | $85.0M -98.3% | $4.87B +4.4% | $4.66B |
AI Insight: BKNG Financial Trends
BKNG's Q1 2026 revenue surged 16% year-over-year to $5,532M, while operating income jumped 20% to $1,271M, signaling durable demand despite deepening negative equity.
• Revenue grew 16% YoY in Q1 2026 ($5,532M vs. $4,762M) and 13% YoY in Q3 2025 ($9,008M vs. $7,994M), accelerating across both peak and off-peak quarters.
• Operating income expanded from $1,062M in Q1 2025 to $1,271M in Q1 2026, and from $3,179M in Q3 2024 to $3,483M in Q3 2025, showing consistent seasonal improvement.
• Operating cash flow in Q1 2026 was $3,215M, roughly in line with $3,283M in Q1 2025, sustaining strong seasonal cash generation.
• Equity deficit deepened to -$8,724M in Q1 2026 from -$6,112M in Q1 2025, reflecting continued aggressive shareholder returns and buybacks.
⚠ Total debt rose to $20,616M in Q4 2025 and remains elevated at $18,413M in Q1 2026, near the highest levels in the dataset.
⚠ Q4 2025 operating cash flow of $1,490M was notably weak vs. $721M trough in Q4 2024; sequential improvement but still a seasonal soft spot to monitor.
⚠ Equity deficit hit a record -$8,724M in Q1 2026; if debt costs rise, the leveraged balance sheet could pressure financial flexibility.
AI Insight: BKNG Ratio Trends
BKNG's ROIC surged to 93.2% on a TTM basis, but Q1 2026 quarterly ROIC of 52.5% remains pressured by seasonal softness.
• Operating margin follows a consistent seasonal pattern: Q3 peaks (39.8% in Q3 2024, 38.7% in Q3 2025) with Q1 troughs (22.3% in Q1 2025, 23.0% in Q1 2026).
• TTM ROIC reached 93.2% as of Q1 2026, roughly doubling the 46.5% recorded in Q2 2024, signaling strong capital efficiency improvement.
• Q1 2026 operating margin of 23.0% is slightly above Q1 2025's 22.3%, suggesting modest year-over-year improvement in the seasonally weakest quarter.
⚠ Q3 2025 ROIC is missing; its absence creates a gap in tracking peak-season capital efficiency trends year-over-year.
⚠ NPM, ROE, ROA, and D/E are entirely absent — leverage and net profitability trends cannot be assessed from available data.
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Available Research
13F Pro tracks comprehensive data for Booking Holdings Inc. including:
Top Institutional Holders of BKNG
BlackRock, Inc.
$11.2B2,653,140 shVANGUARD CAPITAL MANAGEMENT LLC
$8.7B2,076,436 shSTATE STREET CORP
$6.0B1,420,796 shDODGE & COX
$4.2B997,498 shGEODE CAPITAL MANAGEMENT, LLC
$3.8B891,139 shCapital World Investors
$3.2B769,161 shSUSQUEHANNA INTERNATIONAL GROUP, LLP
$2.6B607,100 shVANGUARD PORTFOLIO MANAGEMENT LLC
$2.5B589,389 shMORGAN STANLEY
$2.3B537,501 shSUSQUEHANNA INTERNATIONAL GROUP, LLP
$1.8B434,000 sh
| Fund | Value | Shares |
|---|---|---|
| BlackRock, Inc. | $11.2B | 2,653,140 |
| VANGUARD CAPITAL MANAGEMENT LLC | $8.7B | 2,076,436 |
| STATE STREET CORP | $6.0B | 1,420,796 |
| DODGE & COX | $4.2B | 997,498 |
| GEODE CAPITAL MANAGEMENT, LLC | $3.8B | 891,139 |
| Capital World Investors | $3.2B | 769,161 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $2.6B | 607,100 |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $2.5B | 589,389 |
| MORGAN STANLEY | $2.3B | 537,501 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $1.8B | 434,000 |
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Popular Research
Is BKNG a good stock to buy?
13F Pro's AI-powered analysis of Booking Holdings Inc. (BKNG) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Consumer Discretionary sector (listed on Nasdaq). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for BKNG are available on the BKNG stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing.
Which hedge funds own BKNG?
Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling BKNG. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of Booking Holdings Inc.'s investment landscape.