Booking Holdings Inc (BKNG) - Cash Flow Conversion Efficiency

Latest as of December 2025: -0.267x

Based on the latest financial reports, Booking Holdings Inc (BKNG) has a cash flow conversion efficiency ratio of -0.267x as of December 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($1.49 Billion) by net assets ($-5.58 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.

Booking Holdings Inc - Cash Flow Conversion Efficiency Trend (1998–2025)

This chart illustrates how Booking Holdings Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read BKNG total debt and obligations for a breakdown of total debt and financial obligations.

Booking Holdings Inc Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Booking Holdings Inc ranked by their cash flow conversion efficiency.

Company Cash Flow Conversion Efficiency
Eaton Corporation PLC
NYSE:ETN
0.072x
Airbus SE
F:AIRA
0.275x
Palo Alto Networks Inc
NASDAQ:PANW
0.204x
PDD Holdings Inc.
NASDAQ:PDD
0.110x
Honeywell International Inc
NASDAQ:HON
0.076x
Safran SA
PA:SAF
0.200x
Arm Holdings plc American Depositary Shares
NASDAQ:ARM
0.047x
IBERDROLA ADR/1 EO 3
F:IBE5
N/A

Annual Cash Flow Conversion Efficiency for Booking Holdings Inc (1998–2025)

The table below shows the annual cash flow conversion efficiency of Booking Holdings Inc from 1998 to 2025. For the full company profile with market capitalisation and key ratios, see Booking Holdings Inc market capitalisation.

Year Net Assets Operating Cash Flow Cash Flow Conversion Efficiency Change
2025-12-31 $-5.58 Billion $9.41 Billion -1.687x +18.53%
2024-12-31 $-4.02 Billion $8.32 Billion -2.070x +22.64%
2023-12-31 $-2.74 Billion $7.34 Billion -2.676x -213.61%
2022-12-31 $2.78 Billion $6.55 Billion 2.356x +416.12%
2021-12-31 $6.18 Billion $2.82 Billion 0.456x +2527.59%
2020-12-31 $4.89 Billion $85.00 Million 0.017x -97.88%
2019-12-31 $5.93 Billion $4.87 Billion 0.820x +34.95%
2018-12-31 $8.79 Billion $5.34 Billion 0.608x +46.80%
2017-12-31 $11.26 Billion $4.66 Billion 0.414x +3.87%
2016-12-31 $9.85 Billion $3.92 Billion 0.398x +12.98%
2015-12-31 $8.80 Billion $3.10 Billion 0.353x +3.68%
2014-12-31 $8.57 Billion $2.91 Billion 0.340x +2.26%
2013-12-31 $6.92 Billion $2.30 Billion 0.333x -26.39%
2012-12-31 $3.95 Billion $1.79 Billion 0.452x -9.02%
2011-12-31 $2.70 Billion $1.34 Billion 0.497x +18.80%
2010-12-31 $1.86 Billion $777.30 Million 0.418x +8.42%
2009-12-31 $1.32 Billion $509.67 Million 0.386x -10.74%
2008-12-31 $730.38 Million $315.55 Million 0.432x +65.08%
2007-12-31 $596.14 Million $156.01 Million 0.262x -13.36%
2006-12-31 $371.04 Million $112.08 Million 0.302x +89.38%
2005-12-31 $392.73 Million $62.64 Million 0.160x -24.40%
2004-12-31 $199.14 Million $42.02 Million 0.211x +10.18%
2003-12-31 $146.71 Million $28.10 Million 0.192x +2997.26%
2002-12-31 $131.65 Million $814.00K 0.006x -96.77%
2001-12-31 $146.71 Million $28.10 Million 0.192x +207.50%
2000-12-31 $110.67 Million $-19.72 Million -0.178x -13.84%
1999-12-31 $402.60 Million $-63.00 Million -0.156x +78.84%
1998-12-31 $55.30 Million $-40.90 Million -0.740x --

About Booking Holdings Inc

NASDAQ:BKNG USA Travel Services
Market Cap
$132.74 Billion
Market Cap Rank
#167 Global
#92 in USA
Share Price
$167.63
Change (1 day)
+1.24%
52-Week Range
$165.58 - $5815.92
All Time High
$5815.92
About

Booking Holdings Inc., together with its subsidiaries, provides online and traditional travel and restaurant reservations and related services in the United States, the Netherlands, the United Kingdom, and internationally. The company operates Booking.com, which offers online accommodation reservations; and Priceline, which provides discount travel reservations services, as well as online accommo… Read more