Booking Holdings Inc
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
Booking Holdings Inc (BKNG) - Net Assets
Latest net assets as of December 2025: $-5.58 Billion USD
Based on the latest financial reports, Booking Holdings Inc (BKNG) has net assets worth $-5.58 Billion USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($29.26 Billion) and total liabilities ($34.84 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $-5.58 Billion |
| % of Total Assets | -19.06% |
| Annual Growth Rate | N/A |
| 5-Year Change | -190.29% |
| 10-Year Change | -156.64% |
| Growth Volatility | 134.4 |
Booking Holdings Inc - Net Assets Trend (1998–2025)
This chart illustrates how Booking Holdings Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Booking Holdings Inc (1998–2025)
The table below shows the annual net assets of Booking Holdings Inc from 1998 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $-5.58 Billion | -38.76% |
| 2024-12-31 | $-4.02 Billion | -46.50% |
| 2023-12-31 | $-2.74 Billion | -198.63% |
| 2022-12-31 | $2.78 Billion | -54.97% |
| 2021-12-31 | $6.18 Billion | +26.26% |
| 2020-12-31 | $4.89 Billion | -17.53% |
| 2019-12-31 | $5.93 Billion | -32.46% |
| 2018-12-31 | $8.79 Billion | -22.01% |
| 2017-12-31 | $11.26 Billion | +14.37% |
| 2016-12-31 | $9.85 Billion | +11.97% |
| 2015-12-31 | $8.80 Billion | +2.67% |
| 2014-12-31 | $8.57 Billion | +23.83% |
| 2013-12-31 | $6.92 Billion | +75.07% |
| 2012-12-31 | $3.95 Billion | +46.28% |
| 2011-12-31 | $2.70 Billion | +45.30% |
| 2010-12-31 | $1.86 Billion | +40.67% |
| 2009-12-31 | $1.32 Billion | +80.95% |
| 2008-12-31 | $730.38 Million | +22.52% |
| 2007-12-31 | $596.14 Million | +60.67% |
| 2006-12-31 | $371.04 Million | -5.52% |
| 2005-12-31 | $392.73 Million | +97.21% |
| 2004-12-31 | $199.14 Million | +35.74% |
| 2003-12-31 | $146.71 Million | +11.44% |
| 2002-12-31 | $131.65 Million | -10.27% |
| 2001-12-31 | $146.71 Million | +32.56% |
| 2000-12-31 | $110.67 Million | -72.51% |
| 1999-12-31 | $402.60 Million | +628.03% |
| 1998-12-31 | $55.30 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Booking Holdings Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 4078690000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $40.67 Billion | % |
| Common Stock | $1.00 Million | % |
| Other Comprehensive Income | $-290.00 Million | % |
| Total Equity | $-5.58 Billion | 100.00% |
Booking Holdings Inc Competitors by Market Cap
The table below lists competitors of Booking Holdings Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
LVMH Moët Hennessy - Louis Vuitton Société Européenne
PINK:LVMHF
|
$141.10 Billion |
|
Insurance Australia Group Ltd
AU:IAGPF
|
$141.31 Billion |
|
Allianz SE VNA O.N.
XETRA:ALV
|
$142.76 Billion |
|
Union Pacific Corporation
NYSE:UNP
|
$143.45 Billion |
|
Qualcomm Incorporated
NASDAQ:QCOM
|
$140.10 Billion |
|
BlackRock Inc
NYSE:BLK
|
$139.78 Billion |
|
Honeywell International Inc
NASDAQ:HON
|
$139.62 Billion |
|
Arista Networks, Inc.
LSE:0HHR
|
$139.04 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Booking Holdings Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from -4,020,000,000 to -5,578,000,000, a change of -1,558,000,000.
- Net income of 5,404,000,000 contributed positively to equity growth.
- Dividend payments of 1,248,000,000 reduced retained earnings.
- Share repurchases of 6,440,000,000 reduced equity.
- Other comprehensive income increased equity by 85,000,000.
- Other factors increased equity by 641,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $5.40 Billion | +96.88% |
| Dividends Paid | $1.25 Billion | -22.37% |
| Share Repurchases | $6.44 Billion | -115.45% |
| Other Comprehensive Income | $85.00 Million | +1.52% |
| Other Changes | $641.00 Million | +11.49% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Booking Holdings Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1998-12-31 | $2.33 | $4442.33 | x |
| 1999-12-31 | $17.94 | $4442.33 | x |
| 2000-12-31 | $-8.94 | $4442.33 | x |
| 2001-12-31 | $4.29 | $4442.33 | x |
| 2002-12-31 | $3.48 | $4442.33 | x |
| 2003-12-31 | $4.29 | $4442.33 | x |
| 2004-12-31 | $4.70 | $4442.33 | x |
| 2005-12-31 | $7.95 | $4442.33 | x |
| 2006-12-31 | $7.79 | $4442.33 | x |
| 2007-12-31 | $12.73 | $4442.33 | x |
| 2008-12-31 | $15.01 | $4442.33 | x |
| 2009-12-31 | $26.69 | $4442.33 | x |
| 2010-12-31 | $35.56 | $4442.33 | x |
| 2011-12-31 | $50.27 | $4442.33 | x |
| 2012-12-31 | $76.99 | $4442.33 | x |
| 2013-12-31 | $132.00 | $4442.33 | x |
| 2014-12-31 | $161.57 | $4442.33 | x |
| 2015-12-31 | $170.48 | $4442.33 | x |
| 2016-12-31 | $196.73 | $4442.33 | x |
| 2017-12-31 | $225.48 | $4442.33 | x |
| 2018-12-31 | $182.96 | $4442.33 | x |
| 2019-12-31 | $136.36 | $4442.33 | x |
| 2020-12-31 | $118.88 | $4442.33 | x |
| 2021-12-31 | $149.36 | $4442.33 | x |
| 2022-12-31 | $69.46 | $4442.33 | x |
| 2023-12-31 | $-75.12 | $4442.33 | x |
| 2024-12-31 | $-118.01 | $4442.33 | x |
| 2025-12-31 | $-170.90 | $4442.33 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Booking Holdings Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 20.08%
- • Asset Turnover: 0.92x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is below the historical average (6.41%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1998 | -202.89% | -318.75% | 0.53x | 1.20x | $-117.73 Million |
| 1999 | -262.07% | -218.72% | 1.09x | 1.10x | $-1.10 Billion |
| 2000 | 0.00% | -25.51% | 6.33x | 0.00x | $-290.25 Million |
| 2001 | -4.98% | -0.62% | 4.47x | 1.79x | $-21.97 Million |
| 2002 | -14.57% | -1.91% | 4.75x | 1.60x | $-32.35 Million |
| 2003 | -4.98% | -0.62% | 4.47x | 1.79x | $-21.97 Million |
| 2004 | 15.82% | 3.45% | 1.69x | 2.72x | $11.59 Million |
| 2005 | 52.22% | 20.02% | 1.28x | 2.04x | $155.82 Million |
| 2006 | 21.36% | 6.63% | 1.02x | 3.17x | $39.61 Million |
| 2007 | 26.86% | 11.03% | 1.04x | 2.33x | $97.62 Million |
| 2008 | 24.95% | 9.67% | 1.40x | 1.84x | $109.21 Million |
| 2009 | 37.04% | 20.93% | 1.27x | 1.39x | $357.31 Million |
| 2010 | 29.09% | 17.10% | 1.06x | 1.60x | $346.21 Million |
| 2011 | 41.04% | 24.25% | 1.10x | 1.54x | $798.94 Million |
| 2012 | 35.92% | 26.98% | 0.80x | 1.66x | $1.02 Billion |
| 2013 | 27.36% | 27.86% | 0.65x | 1.51x | $1.20 Billion |
| 2014 | 28.27% | 28.69% | 0.57x | 1.74x | $1.57 Billion |
| 2015 | 29.01% | 27.66% | 0.53x | 1.98x | $1.67 Billion |
| 2016 | 21.68% | 19.87% | 0.54x | 2.01x | $1.15 Billion |
| 2017 | 20.78% | 18.46% | 0.50x | 2.26x | $1.21 Billion |
| 2018 | 45.51% | 27.52% | 0.64x | 2.58x | $3.12 Billion |
| 2019 | 82.00% | 32.29% | 0.70x | 3.61x | $4.27 Billion |
| 2020 | 1.21% | 0.87% | 0.31x | 4.47x | $-430.30 Million |
| 2021 | 18.86% | 10.63% | 0.46x | 3.83x | $547.20 Million |
| 2022 | 109.92% | 17.89% | 0.67x | 9.12x | $2.78 Billion |
| 2023 | 0.00% | 20.07% | 0.88x | 0.00x | $4.56 Billion |
| 2024 | 0.00% | 24.78% | 0.86x | 0.00x | $6.28 Billion |
| 2025 | 0.00% | 20.08% | 0.92x | 0.00x | $5.96 Billion |
Industry Comparison
This section compares Booking Holdings Inc's net assets metrics with peer companies in the Travel Services industry.
Industry Context
- Industry: Travel Services
- Average net assets among peers: $1,651,904,959
- Average return on equity (ROE) among peers: -4.38%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Booking Holdings Inc (BKNG) | $-5.58 Billion | -202.89% | N/A | $140.30 Billion |
| Airbnb Inc (ABNB) | $-517.31 Million | 0.00% | 0.00x | $53.81 Billion |
| Ambitions Enterprise Management Co. L.L.C Class A Ordinary Shares (AHMA) | $4.00 Million | 32.27% | 1.02x | $9.98 Million |
| Carnival Corporation (CCL) | $13.79 Billion | 8.61% | 0.78x | $32.20 Billion |
| Consolidated Capital of North America Inc (CDNO) | $93.27K | 0.00% | 0.02x | $8.78 |
| Carnival Plc ADS (CUK) | $207.80 Million | 47.02% | 1.54x | $32.14 Billion |
| Carnival Corporation & plc (CUKPF) | $893.20 Million | 21.67% | 1.49x | $18.29 Billion |
| Despegar.com Corp (DESP) | $92.85 Million | -151.47% | 8.10x | $1.36 Billion |
| Jet2 plc (DRTGF) | $157.20 Million | 20.87% | 5.37x | $2.31 Billion |
| eDreams ODIGEO S.A (EDDRF) | $236.30 Million | -18.34% | 3.54x | $429.02 Million |