Buyback yield (TTM)
6.04%
Shareholder yield (TTM)
7.00%
5Y share count change
-20.7%
Buyback spend (TTM)
$8.04B
Cumulative buybacks
$53.91B
Key takeaways
- Booking Holdings (BKNG) repurchased about $8.04B of stock over the trailing twelve months.
- Diluted share count is down 20.7% over the last ~5 fiscal years — buybacks are net-shrinking the share base.
- TTM buyback ÷ stock-based-comp ratio of 13.07× — repurchases more than cover SBC dilution.
- Cash buyback spend has compounded at +37.7% per year over the latest 5-year window.
- TTM repurchases used about 104% of free cash flow remaining after dividends.
Dividend & buyback yield over time for Booking Holdings (BKNG)
Stacked annual yields — buyback yield (TTM cash repurchases ÷ market cap) plus dividend yield from the same fiscal-year-end key-metrics period — show how total cash return per dollar of equity has evolved.
Diluted vs basic shares (annual) for Booking Holdings (BKNG)
Diluted weighted-average shares are the EPS denominator — a falling count means buybacks are outpacing SBC dilution.
Year-over-year change in diluted shares for Booking Holdings (BKNG)
Green is fewer shares vs the prior fiscal year (net repurchase); red is growth (dilution). The earliest year shown has no prior year to compare.
Cash buyback spend over time for Booking Holdings (BKNG)
Latest: $6.44B
Overview
2025's annual buyback spend for Booking Holdings (BKNG) came in at $6.44B – edged down 1.1% year-over-year.
Looking at the 2020–2025 (5 years) stretch, Booking Holdings buyback spend compounded at +37.7% per year, with mixed annual results across the window.
Between 2023 and 2025, Booking Holdings buyback spend plunged 37.9%, falling from $10.38B to $6.44B.
The highest annual buyback spend of $10.38B was reported in 2023. The lowest in the available history was $0.00 in 1998.
Booking Holdings Buyback Spend 2025: $6.44B
Booking Holdings buyback spend in 2025 was $6.44B, edged down 1.1% below 2024.
Booking Holdings Buyback Spend 2024: $6.51B
2024's buyback spend for Booking Holdings came in at $6.51B, plunged 37.3% below 2023.
Booking Holdings Buyback Spend 2023: $10.38B
Booking Holdings posted buyback spend of $10.38B in 2023, surged 56.7% from 2022. This figure represents the highest annual value in the available history.
Booking Holdings Buyback Spend 2022: $6.62B
In 2022, Booking Holdings reported buyback spend of $6.62B, surged 3962.0% from 2021.
Booking Holdings Buyback Spend 2021: $163.00M
Booking Holdings buyback spend in 2021 was $163.00M.
See more financial history for Booking Holdings (BKNG).
Buyback, SBC & dilution history
Buyback spend, SBC, net dilution effect, and share count.
| 2025 | $6.44B | $617.00M | $5.82B | 3.71% | 0.82B | -4.2% | |
| 2024 | $6.51B | $599.00M | $5.91B | 3.96% | 0.85B | -6.8% | |
| 2023 | $10.38B | $530.00M | $9.85B | 8.42% | 0.91B | -8.8% | |
| 2022 | $6.62B | $404.00M | $6.22B | 8.53% | 1.00B | -3.2% | |
| 2021 | $163.00M | $376.00M | −$213.00M | 0.17% | 1.03B | +0.5% | |
| 2020 | $1.30B | $255.00M | $1.05B | 1.43% | 1.03B | -5.4% | |
| 2019 | $8.19B | $325.00M | $7.86B | 9.55% | 1.09B | -9.4% | |
| 2018 | $5.97B | $331.00M | $5.64B | 7.51% | 1.20B | -3.9% | |
| 2017 | $1.83B | $261.27M | $1.57B | 2.16% | 1.25B | -0.2% | |
| 2016 | $1.01B | $249.73M | $763.80M | 1.40% | 1.25B | -3.0% | |
| 2015 | $3.09B | $249.13M | $2.84B | 4.87% | 1.29B | -2.7% | |
| 2014 | $750.38M | $189.29M | $561.09M | 1.26% | 1.33B | +1.2% | |
| 2013 | $883.51M | $142.10M | $741.42M | 1.47% | 1.31B | +2.1% | |
| 2012 | $257.02M | $72.03M | $184.99M | 0.83% | 1.28B | +0.2% | |
| 2011 | $163.17M | $66.19M | $96.98M | 0.70% | 1.28B | +0.4% | |
| 2010 | $129.44M | $68.40M | $61.05M | 0.68% | 1.27B | +3.0% | |
| 2009 | $17.41M | $40.67M | −$23.26M | 0.19% | 1.24B | +1.7% | |
| 2008 | $4.45M | $40.52M | −$36.07M | 0.15% | 1.22B | +7.0% | |
| 2007 | $2.64M | $16.25M | −$13.62M | 0.06% | 1.14B | +1.7% | |
| 2006 | $155.67M | $14.93M | $140.74M | 9.26% | 1.12B | -3.7% | |
| 2005 | $12.15M | $4.17M | $7.98M | 1.39% | 1.16B | +9.7% | |
| 2004 | $0.00 | $638.00K | −$638.00K | — | 1.06B | +8.5% | |
| 2003 | $12.22M | $282.00K | $11.94M | 1.81% | 0.98B | +3.0% | |
| 2001 | $8.72M | $0.00 | $8.72M | 0.73% | 0.85B | +22.8% | |
| 2002 | $11.78M | $0.00 | $11.78M | 3.28% | 0.95B | +10.8% | |
| 2000 | $0.00 | $0.00 | $0.00 | — | 0.70B | +24.0% | |
| 1999 | $0.00 | $0.00 | $0.00 | — | 0.56B | -5.4% | |
| 1998 | $0.00 | $0.00 | $0.00 | — | 0.59B | — |
- 2025$6.44B
- 2024$6.51B
- 2023$10.38B
- 2022$6.62B
- 2021$163.00M
- 2020$1.30B
- 2019$8.19B
- 2018$5.97B
- 2017$1.83B
- 2016$1.01B
- 2015$3.09B
- 2014$750.38M
- 2013$883.51M
- 2012$257.02M
- 2011$163.17M
- 2010$129.44M
- 2009$17.41M
- 2008$4.45M
- 2007$2.64M
- 2006$155.67M
- 2005$12.15M
- 2004$0.00
- 2003$12.22M
- 2001$8.72M
- 2002$11.78M
- 2000$0.00
- 1999$0.00
- 1998$0.00
Buybacks vs stock-based compensation for Booking Holdings (BKNG)
Annual cash repurchases set against stock-based compensation. Coverage above 1× means buybacks fully offset the equity dilution from SBC. TTM coverage: 13.07×.
Buybacks vs dividends (share of cash returned) for Booking Holdings (BKNG)
How Booking Holdings splits cash returned to shareholders between dividends and buybacks.
Sector peers by buyback spend
Companies in the same sector as Booking Holdings, ranked by their latest buyback spend.
| $2.52B | |
| $2.06B | |
| $1.10B | |
| $211.00M | |
| $0.00 | |
| $0.00 | |
| $0.00 | |
| $0.00 |
- $2.52B
- $2.06B
- $1.10B
- $211.00M
- $0.00
- $0.00
- $0.00
- $0.00
Buyback capacity (TTM)
Free cash flow minus dividends paid versus actual TTM repurchases — the headroom bar shows how much of post-dividend FCF is still being deployed elsewhere.
Headroom $7.76B (TTM FCF − TTM dividends, clamped at zero).
Frequently asked questions
Data & methodology
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