# Booking Holdings Inc. (BKNG) · Edgar & Edgarette company card

> Booking Holdings (BKNG) grew revenue 13.4% in FY2025 to $26.9 billion, operating margin 32.8% against a 6.4% median for transportation services, equity -19.1% of assets, and dividend per share up 1 year running. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 1075531 · fiscal year ended 2025-12-31 · 5 audited years read · [page](https://www.pops4.com/boards/company/BKNG) · [JSON](https://www.pops4.com/boards/company/BKNG.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $26.9B |
| Revenue growth, 1 year | 13.4% |
| Revenue growth per year | 25.2% |
| Operating margin | 32.8% (prior year 31.8%) |
| Net margin | — |
| Operating cash flow | $9.4B |
| Capital spending | $322M |
| Free cash flow | $9.1B |
| Cash | $17.2B |
| Long-term debt | $18.7B |
| Total assets | $29.3B |
| Total equity | −$5.6B |
| Equity ÷ assets | -19.1% |
| Return on equity | — |
| Dividend per share | $9.6 |
| Dividend years rising | 1 |

## Readings, computed from those figures

- Altman Z: 7.64 (safe zone)
- Piotroski F: 4 of 9 (4 of 5 tested)
- Health Harbor boat: Sound ship · one warning sign · liabilities exceed assets (often from years of share buybacks, not always distress)
- Cash Compass: Cash cow later · growing fast, and already turning revenue into cash

## Edgarette's reading

Exposure: revenue $26.9B (FY2025), total debt $18.7B. Experience: revenue up 13.4% on the year, up 25.2% a year over 4 years; operating margin 32.8%, up from 31.8%. Soundness: equity -19.1% of assets (liabilities exceed assets), dividend per share up 1 year running. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $25.3B and $35.0B next year (method v4.1: its own 4-year record of growth weighed at 50% against $10B+ filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $22.0B to $39.9B. A statistical range, not company guidance. Against peers (8 filers, $50M+ revenue, transportation services): operating margin 32.8% against a 6.4% median; growth 13.4% against 12.2%.

Range logged 2026-09-26, receipt 86a5b5de8908a1f6, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

- Item 5.02 Director or officer change: 2, latest 2026-04-02 ([filing](https://www.sec.gov/Archives/edgar/data/1075531/000107553126000014/0001075531-26-000014-index.htm))

## Recent filings

- 10-Q · filed 2026-11-03 · [filing](https://www.sec.gov/Archives/edgar/data/1075531/000107553126000045/0001075531-26-000045-index.htm)
- 8-K · filed 2026-11-03 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1075531/000107553126000044/0001075531-26-000044-index.htm)
- 10-Q · filed 2026-08-04 · [filing](https://www.sec.gov/Archives/edgar/data/1075531/000107553126000037/0001075531-26-000037-index.htm)
- 8-K · filed 2026-08-04 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1075531/000107553126000036/0001075531-26-000036-index.htm)
- 8-K · filed 2026-06-02 · 5.07 Submission of Matters to a Vote of Security Holders; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1075531/000107553126000031/0001075531-26-000031-index.htm)
- 8-K · filed 2026-05-11 · 1.01 Entry into a Material Definitive Agreement; 2.03 Creation of a Direct Financial Obligation; 8.01 Other Events; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1075531/000110465926058730/0001104659-26-058730-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0001075531.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1075531

## Cite

POPS4, Edgar & Edgarette: Booking Holdings Inc. (BKNG) company card, from the company's own SEC filings, accessed 2026-11-10, https://www.pops4.com/boards/company/BKNG. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.