Booking Holdings (XTER:PCE1) EBITDA Margin %: 32.81% (As of Mar. 2026) — Near Median


XTER:PCE1 Booking Holdings Inc XTER:PCE1
84 GF Score
Price €157.10
GF Value €198.57
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Booking Holdings EBITDA Margin %?

Booking Holdings XTER:PCE1 -2.66% 84 EBITDA Margin % is 32.81% as of Mar. 2026, which is 2% below its 10-year median of 33.61. GuruFocus rates XTER:PCE1 with a GF Score™ of 84/100 and a GF Value™ of €198.57 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 845 Travel & Leisure companies, Booking Holdings ranks better than 82.13% on this metric.

EBITDA Margin % is calculated as EBITDA divided by its Revenue. Booking Holdings's EBITDA for the three months ended in Mar. 2026 was €1,570 Mil. Booking Holdings's Revenue for the three months ended in Mar. 2026 was €4,785 Mil. Therefore, Booking Holdings's EBITDA margin for the quarter that ended in Mar. 2026 was 32.81%.


Booking Holdings  (XTER:PCE1) EBITDA Margin % Explanation

EBITDA Margin % is the ratio of EBITDA divided by net sales or Revenue. It is an performance metric measuring company's operating profitability. EBITDA Margin takes depreciation and amortization, interest expense and tax into account, which makes it easy to compare the relative profitability of companies of different sizes in the same industry.


Booking Holdings EBITDA Margin % Related Terms


Booking Holdings EBITDA Margin % Historical Data

* Premium members only.

The historical data trend for Booking Holdings's EBITDA Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Booking Holdings EBITDA Margin % Chart

Booking Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBITDA Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.88 28.79 32.97 39.34 34.24

Booking Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBITDA Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 25.81 25.24 44.06 36.27 32.81

XTER:PCE1 vs ABNB, RCL, VIK: EBITDA Margin % Comparison

For the Travel Services subindustry, Booking Holdings's EBITDA Margin %, along with its competitors' market caps and EBITDA Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Booking Holdings EBITDA Margin % vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Booking Holdings's EBITDA Margin % distribution charts can be found below:

* The bar in red indicates where Booking Holdings's EBITDA Margin % falls into.


XTER:PCE1
84GF Score
Booking Holdings Inc XTER:PCE1
EBITDA Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Booking Holdings EBITDA Margin % Calculation

EBITDA margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent.

Booking Holdings's EBITDA Margin % for the fiscal year that ended in Dec. 2025 is calculated as

EBITDA Margin %=EBITDA (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=7871.318/22987.118
=34.24 %

Booking Holdings's EBITDA Margin % for the quarter that ended in Mar. 2026 is calculated as

EBITDA Margin %=EBITDA (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=1569.975/4785.18
=32.81 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBITDA Margin % →
What does a EBITDA Margin % of 32.81% mean?
Booking Holdings (XTER:PCE1) has a EBITDA Margin % of 32.81% as of Mar. 2026. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Booking Holdings and its competitors. This is near median its historical median of 33.61. Over the past decade, Booking Holdings' EBITDA Margin % has ranged from 21.88 to 45.57. According to the industry distribution chart, Booking Holdings ranks #151 out of 845 companies in the Travel & Leisure industry, placing it in the top 17.9%.
Is Booking Holdings' EBITDA Margin % too high?
Booking Holdings' current EBITDA Margin % of 32.81% is near median its 10-year median of 33.61. Over the past 10 years, this metric has ranged from a low of 21.88 to a high of 45.57. The Travel & Leisure industry median EBITDA Margin % is 15.67. Booking Holdings' value of 32.81% is 109.4% above this industry median. Based on the distribution chart, Booking Holdings ranks #151 out of 845 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Booking Holdings has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Booking Holdings' EBITDA Margin % compare to ABNB and RCL?
According to the Travel & Leisure industry distribution chart, Booking Holdings ranks #151 out of 845 companies for EBITDA Margin %. This places Booking Holdings in the top 18% of its industry — outperforming the majority of peers. The industry median EBITDA Margin % is 15.67. Booking Holdings' value of 32.81% is 109.4% above this benchmark. Historically, Booking Holdings' own EBITDA Margin % has ranged from 21.88 to 45.57 over the past decade. While the company's 10-year median is 33.61 vs. the industry median of 15.67, Booking Holdings has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBITDA Margin % for a Travel & Leisure company?
The median EBITDA Margin % among Travel & Leisure companies is 15.67, based on 845 companies in the industry. Companies in the top quartile (top 25%) have a EBITDA Margin % significantly above this median, while those in the bottom quartile fall well below. However, EBITDA Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Booking Holdings's current EBITDA Margin % of 32.81% is 109.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBITDA Margin % mean?
A high EBITDA Margin % can signal that a stock is expensive relative to its fundamentals. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Booking Holdings and its competitors. For the Travel & Leisure industry, the median EBITDA Margin % is 15.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Booking Holdings's current EBITDA Margin % is 32.81%, which is near median its own 10-year median of 33.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Booking Holdings stock overvalued right now?
Based on GuruFocus' analysis, Booking Holdings (XTER:PCE1) is currently considered Modestly Undervalued. The stock's GF Value™ is €198.57, compared to a current price of €157.10 — trading 20.9% below its estimated fair value. The current EBITDA Margin % is 32.81%, which is near median its 10-year median of 33.61 and 109.4% above the Travel & Leisure industry median of 15.67. Booking Holdings' overall GF Score™ is 84/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBITDA Margin % calculated?
EBITDA Margin % is calculated from a company's financial statements. For Booking Holdings (XTER:PCE1), the current EBITDA Margin % is 32.81% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Booking Holdings (XTER:PCE1) Overvalued in 2026?

Based on GuruFocus' analysis, Booking Holdings stock appears to be undervalued. The current stock price of €157.10 is trading 20.9% below its estimated GF Value™ of €198.57. GuruFocus considers Booking Holdings to be Modestly Undervalued.

Key valuation signals for XTER:PCE1:

  • EBITDA Margin %: 32.81% (near median its 10-year median of 33.61)
  • GF Value™: €198.57 vs. price of €157.10 (20.9% below fair value)
  • GF Score™: 84/100 with 2 warning signs
  • Industry Position: 109.4% above the Travel & Leisure median (#151 of 845)

No single metric tells the full story. See the XTER:PCE1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Booking Holdings Business Description

Address 800 Connecticut Avenue, Norwalk, CT, USA, 06854
Booking is the world's largest online travel agency by sales, offering booking and payment services for hotel and alternative accommodation rooms, airlines, rental cars, restaurants, cruises, experiences, and other vacation packages. The company operates several branded travel booking sites, including Booking.com, Agoda, OpenTable, Rentalcars.com, and Kayak. Transaction fees for online bookings account for the bulk of revenue and profits.
84GF Score

Get the complete analysis for XTER:PCE1

EBITDA Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€157.10
Price
€198.57
GF Value