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Sep 30, 2024

Booking Q3 2024 Earnings Report

Financial results for the third quarter of 2024 were reported.

Key Takeaways

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.

Total Revenue
$7.99B
Previous year: $7.34B
+8.9%
EPS
$83.9
Previous year: $72.3
+16.0%
Room Nights
299M
Previous year: 276M
+8.3%
Rental Car Days
23M
Previous year: 20M
+15.0%
Airline Tickets
13M
Previous year: 9M
+44.4%
Gross Profit
$7.8B
Previous year: $7.17B
+8.8%
Cash and Equivalents
$15.8B
Previous year: $13.3B
+18.7%
Free Cash Flow
$2.3B
Previous year: $1.3B
+76.5%
Total Assets
$28B
Previous year: $25.6B
+9.1%

Booking

Booking

Booking Revenue by Segment

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.

Revenue & Expenses

Visualization of income flow from segment revenue to net income