NASDAQ$BKNG

Booking Holdings Inc · Q3 2024 earnings

Q3 2024 earnings · · Investor relations

Briefing

Financial results for the third quarter of 2024 were reported.

Booking Holdings reported a 9% increase in total revenues, reaching $8.0 billion, and an 8% increase in room nights booked compared to the prior-year quarter. Net income was $2.5 billion, in line with the prior year, while adjusted EPS increased by 16% to $83.89.

  • Room nights booked increased 8% year-over-year.
  • Gross travel bookings increased 9% year-over-year, totaling $43.4 billion.
  • Total revenues increased 9% year-over-year, reaching $8.0 billion.
  • Adjusted EPS increased 16% year-over-year, reaching $83.89.

Headline financials

Total Revenue

$7.99B

Previous: $7.34B+8.9%
EPS

$74.34

Previous: $72.32+2.8%
Room Nights

299.0M

Previous: 276.0M+8.3%
Rental Car Days

22.5M

Previous: 20.0M+12.5%
Airline Tickets

13.0M

Previous: 9.0M+44.4%
Total Gross Bookings

$43.4B

Previous: $39.8B+9.0%
Capital Expenditures

-$353M

Previous: -$251M-40.6%
Free Cash Flow

$2.16B

Previous: $2.26B-4.2%
Net Income

$2.52B

Previous: $2.51B+0.2%
Operating Income

$3.18B

Previous: $3.1B+2.4%
Gross Profit

$7.99B

Previous: $7.34B+8.9%
Cash & Equivalents

$15.8B

Previous: $13.3B+18.7%
Total Assets

$28B

Previous: $25.6B+9.1%
Stock-Based Comp

$148M

Previous: $128M+15.6%

Revenue & EPS history

Booking · Revenue · Quarterly

$7.99B

Q3 2024+8.9%vs Q3 2023
Beat estimate in 10 of 15 quarters(67%)
ActualEstimate

Revenue by segment

Booking · $7.34B total across 3 segments · Q3 2023

  • Merchant Revenue
    $3.95B+50.9%
  • Agency Revenue
    $3.14B-2.1%
  • Advertising & Other
    $261M+11.1%

Forward guidance

The Board of Directors declared a cash dividend of $8.75 per share, payable on December 31, 2024, to stockholders of record as of the close of business on December 6, 2024.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q3 2024

Historical avgQ3 2024

+1.4%

Avg return

Earnings day

-0.0%

Avg return

5 days after

+2.2%

Avg return

30 days after

57%

40 / 70 earnings

Positive

+26.9%

Q4 2009

Best reaction

-15.5%

Q2 2012

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+3.6%-4.5%-3.5%
Q4 2025-5.7%-4.7%+1.3%
Q3 2025-4.4%-1.8%-4.0%
Q2 2025+0.4%-2.1%+0.1%
Q1 2025+3.9%+5.7%+12.4%
Q4 2024-0.5%+0.3%-8.0%
Q3 2024+5.6%+7.9%+17.5%
Q2 2024-10.4%-8.0%+5.2%
Q1 2024+4.7%+5.6%+10.6%
Q4 2023-6.3%-7.0%-3.1%
Q3 2023+3.3%+8.9%+14.2%
Q2 2023+6.2%+11.8%+8.0%
Q1 2023-2.9%-0.4%-0.8%
Q4 2022+1.1%+4.0%+3.0%
Q3 2022-3.4%-2.9%+10.4%
Q2 2022-0.5%-0.0%-6.1%
Q1 2022+3.1%-3.9%+10.9%
Q4 2021-8.9%-13.7%-10.7%
Q3 2021-0.7%+7.6%-13.8%
Q2 2021+3.2%+0.9%+7.7%
Q1 2021-4.3%-5.0%-2.8%
Q4 2020-3.7%-1.6%-1.5%
Q3 2020+4.1%+17.2%+24.0%
Q2 2020+1.7%+4.7%+11.2%
Q1 2020+3.8%+0.5%+31.5%
Q4 2019-3.9%+0.1%-27.3%
Q3 2019-6.6%-6.8%-4.1%
Q2 2019+8.6%+7.3%+10.1%
Q1 2019+4.5%+2.4%+1.5%
Q4 2018-11.4%-10.9%-8.9%
Q3 2018+4.0%+3.3%-0.6%
Q2 2018-7.2%-10.3%-7.0%
Q1 2018-3.8%-4.1%-1.2%
Q4 2017+6.7%+6.7%+9.2%
Q3 2017-13.1%-10.4%-9.3%
Q2 2017-6.7%-9.2%-9.7%
Q1 2017-4.2%-4.5%-0.6%
Q4 2016+5.7%+6.3%+9.4%
Q3 2016+10.8%+8.2%+7.2%
Q2 2016+3.1%+2.6%+3.8%
Q1 2016-8.4%
Q4 2015+12.7%
Q3 2015-8.7%
Q2 2015+5.3%
Q1 2015-4.7%
Q4 2014+8.3%
Q3 2014-8.6%
Q2 2014+1.0%
Q1 2014+0.4%
Q4 2013+3.3%
Q3 2013+1.4%
Q2 2013+4.6%
Q1 2013+4.1%
Q4 2012+3.6%
Q3 2012+10.6%
Q2 2012-15.5%
Q1 2012-4.9%
Q4 2011+7.2%
Q3 2011+7.7%
Q2 2011+4.5%
Q1 2010-0.9%
Q1 2011+2.0%
Q1 2009-1.8%
Q4 2008-1.8%
Q4 2010-1.8%
Q3 2010+7.8%
Q3 2009+7.8%
Q2 2010+26.9%
Q2 2009+26.9%
Q4 2009+26.9%

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