Booking Holdings (BKNG) FY2022 results: revenue $17.1 billion, up 56.0% on the year
Booking Holdings Inc. (BKNG) reported revenue of $17.1 billion for fiscal 2022, the year ended 31 December 2022, up 56.0% on the year before. Net income was $3.1 billion, up 162.5%, and diluted earnings per share $3.05. The figures are the company's own, from the 10-K it filed with the SEC on 23 February 2023.
Revenue
$17.1 billion
+56.0% on the year
FY2015FY2022
Operating margin
29.9%
22.8% a year earlier
FY2015FY2022
Net income
$3.1 billion
+162.5% on the year
FY2015FY2022
Diluted EPS
$3.05
+171.0% on the year
FY2015FY2022
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Operating cash flow
6,554
2,820
85.0
+132.4%
Capital expenditure
368
304
286
+21.1%
Free cash flow
6,186
2,516
-201
+145.9%
Free cash flow margin
36.2%
23.0%
-3.0%
Cash from investing
-518
-998
2,637
Cash from financing
-4,897
-1,239
1,528
Depreciation and amortisation
451
421
458
+7.1%
Share-based compensation
404
370
233
+9.2%
Buybacks
6,621
163
1,303
+3,962.0%
Dividends paid
0.0
n/a
n/a
Diluted shares, weighted
1,001m
1,034m
1,029m
-3.2%
Balance sheet
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Shareholders' equity
2,782
6,178
4,893
-55.0%
Debt
12,485
10,926
12,014
+14.3%
Operating lease liabilities
552
351
366
+57.3%
Finance lease liabilities
32.0
6.0
n/a
+433.3%
Other liabilities
9,510
6,180
4,601
+53.9%
Total liabilities and equity
25,361
23,641
21,874
+7.3%
Fixed assets
669
822
756
-18.6%
Goodwill
2,807
2,887
1,895
-2.8%
Intangible assets
1,829
2,057
1,812
-11.1%
Investments
2,964
3,200
4,260
-7.4%
Cash and equivalents
12,221
11,127
10,562
+9.8%
Receivables
2,229
1,358
529
+64.1%
Other assets
2,642
2,190
2,060
+20.6%
Total assets
25,361
23,641
21,874
+7.3%
10-K for the year ended 31 December 2022, filed 23 February 2023: the filing.