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Operating Margin for Booking Holdings (BKNG)

As of · Reported

Metric

TTM

34.3%

YoY change

+2.66pp

Trough year (1998)

-155.7%

Peak year (2018)

36.8%

Operating Margin history chart for Booking Holdings (BKNG) from 1998 to 2025

Latest: 34.5%

Operating Margin change chart for Booking Holdings (BKNG) from 1998 to 2025

Latest: +2.66pp

Operating Margin history table for Booking Holdings (BKNG) from 1998 to 2025

  • 202534.5%+2.66pp
  • 202431.8%+4.51pp
  • 202327.3%-2.54pp
  • 202229.9%+7.08pp
  • 202122.8%+32.06pp
  • 2020-9.3%-44.76pp
  • 201935.5%-1.29pp
  • 201836.8%+0.98pp
  • 201735.8%+8.74pp
  • 201627.1%-8.28pp
  • 201535.3%-1.07pp
  • 201436.4%+0.89pp
  • 201335.5%+0.73pp
  • 201234.8%+2.66pp
  • 201132.1%+6.61pp
  • 201025.5%+5.37pp
  • 200920.1%+4.78pp
  • 200815.4%+5.57pp
  • 20079.8%+4.27pp
  • 20065.5%+1.79pp
  • 20053.7%+0.40pp
  • 20043.3%+2.40pp
  • 20030.9%+3.25pp
  • 2002-2.3%-1.14pp
  • 2001-1.2%+3.50pp
  • 2000-4.7%+8.46pp
  • 1999-13.1%+142.54pp
  • 1998-155.7%—

Operating Margin values are taken from Booking Holdings's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.

About Operating Margin at Booking Holdings (BKNG)

According to Booking Holdings's latest reported financial statements, the company's latest reported operating margin is 34.3%. Operating margin is operating income divided by revenue — the share of each sales dollar left after cost of goods sold and operating expenses (SG&A, R&D), but before interest and taxes. It isolates how profitable the core business is before financing and tax decisions, so it is comparable across companies with different capital structures.

Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

The 2025 reading of Booking Holdings (BKNG) operating margin is 34.48% – expanded 2.7 percentage points year-over-year.

36.77% stands as the all-time-high annual operating margin, posted in 2018, against a low of -155.68% during 1998.

Booking Holdings Operating Margin by Year

Booking Holdings Operating Margin 2025: 34.5%

Booking Holdings posted operating margin of 34.48% in 2025, expanded 2.7 percentage points from 2024.

Booking Holdings Operating Margin 2024: 31.8%

In 2024, Booking Holdings reported operating margin of 31.83%, expanded 4.5 percentage points from 2023.

Booking Holdings Operating Margin 2023: 27.3%

Booking Holdings operating margin in 2023 was 27.31%, contracted 2.5 percentage points from 2022.

Booking Holdings Operating Margin 2022: 29.9%

2022's operating margin for Booking Holdings came in at 29.85%, expanded 7.1 percentage points from 2021.

Booking Holdings Operating Margin 2021: 22.8%

Booking Holdings operating margin in 2021 was 22.78%.

See more financial history for Booking Holdings (BKNG).

Sector peers by Operating Margin

Consumer Cyclical peers of Booking Holdings (BKNG), ranked by their latest operating margin

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