Booking Holdings (NASDAQ:BKNG) Full Year 2024 Results

Key Financial Results

• Revenue: US$23.7b (up 11% from FY 2023).
• Net income: US$5.88b (up 37% from FY 2023).
• Profit margin: 25% (up from 20% in FY 2023). The increase in margin was driven by higher revenue.
• EPS: US$175 (up from US$119 in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Booking Holdings Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 1.3%. Earnings per share (EPS) missed analyst estimates by 2.5%.

The primary driver behind last 12 months revenue was the The Netherlands segment contributing a total revenue of US$18.6b (78% of total revenue). The largest operating expense was Sales & Marketing costs, amounting to US$10.4b (72% of total expenses). Explore how BKNG's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 7.5% p.a. on average during the next 3 years, compared to a 9.7% growth forecast for the Hospitality industry in the US.

Performance of the American Hospitality industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

It is worth noting though that we have found 1 warning sign for Booking Holdings that you need to take into consideration.

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