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Booking Holdings Full Year 2024 Earnings: Revenues Beat Expectations, EPS Lags

Simply Wall St · 02/22 13:41

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).
    revenue-and-expenses-breakdown
    NasdaqGS:BKNG Revenue and Expenses Breakdown February 22nd 2025

    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%.

    In the last 12 months, the only revenue segment was Travel Services contributing US$23.7b. 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 shares are down 1.1% from a week ago.

    Risk Analysis

    We don't want to rain on the parade too much, but we did also find 1 warning sign for Booking Holdings that you need to be mindful of.