Booking Holdings (BKNG) FY2024 results: revenue $23.7 billion, up 11.1% on the year
Booking Holdings Inc. (BKNG) reported revenue of $23.7 billion for fiscal 2024, the year ended 31 December 2024, up 11.1% on the year before. Net income was $5.9 billion, up 37.1%, and diluted earnings per share $6.91. The figures are the company's own, from the 10-K it filed with the SEC on 20 February 2025.
Revenue
$23.7 billion
+11.1% on the year
FY2017FY2024
Operating margin
31.8%
27.3% a year earlier
FY2017FY2024
Net income
$5.9 billion
+37.1% on the year
FY2017FY2024
Diluted EPS
$6.91
+47.1% on the year
FY2017FY2024
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
FY2024
FY2023
FY2022
On the year
Last 8 years
Operating cash flow
8,323
7,344
6,554
+13.3%
Capital expenditure
429
345
368
+24.3%
Free cash flow
7,894
6,999
6,186
+12.8%
Free cash flow margin
33.3%
32.8%
36.2%
Cash from investing
129
1,486
-518
-91.3%
Cash from financing
-4,204
-8,909
-4,897
Depreciation and amortisation
591
504
451
+17.3%
Share-based compensation
599
530
404
+13.0%
Buybacks
6,509
10,377
6,621
-37.3%
Dividends paid
1,174
0.0
0.0
Dividend per share
$0.35
n/a
n/a
Diluted shares, weighted
852m
913m
1,001m
-6.8%
Balance sheet
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Shareholders' equity
-4,020
-2,744
2,782
Debt
16,598
14,184
12,485
+17.0%
Operating lease liabilities
483
599
552
-19.4%
Finance lease liabilities
7.0
34.0
32.0
-79.4%
Other liabilities
14,640
12,269
9,510
+19.3%
Total liabilities and equity
27,708
24,342
25,361
+13.8%
Fixed assets
832
784
669
+6.1%
Goodwill
2,799
2,826
2,807
-1.0%
Intangible assets
1,382
1,613
1,829
-14.3%
Investments
536
1,016
2,964
-47.2%
Cash and equivalents
16,164
12,107
12,221
+33.5%
Receivables
3,199
3,253
2,229
-1.7%
Other assets
2,796
2,743
2,642
+1.9%
Total assets
27,708
24,342
25,361
+13.8%
10-K for the year ended 31 December 2024, filed 20 February 2025: the filing.