Booking Holdings (CHIX:PCE1D) FCF Margin %: 56.18% (As of Mar. 2026) — 68% Above Median


CHIX:PCE1D Booking Holdings Inc CHIX:PCE1D
89 GF Score
Price €163.85
GF Value €207.11
! 2 Warning Signs
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What is Booking Holdings FCF Margin %?

Booking Holdings CHIX:PCE1D 89 FCF Margin % is 56.18% as of Mar. 2026, which is 68% above its 10-year median of 33.48. GuruFocus rates CHIX:PCE1D with a GF Score™ of 89/100 and a GF Value™ of €207.11. The stock has 2 warning signs investors should review. Among 844 Travel & Leisure companies, Booking Holdings ranks better than 92.18% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Booking Holdings's Free Cash Flow for the three months ended in Mar. 2026 was €2,688 Mil. Booking Holdings's Revenue for the three months ended in Mar. 2026 was €4,785 Mil. Therefore, Booking Holdings's FCF Margin % for the quarter that ended in Mar. 2026 was 56.18%.

As of today, Booking Holdings's current FCF Yield % is 6.58%.

The historical rank and industry rank for Booking Holdings's FCF Margin % or its related term are showing as below:

CHIX:PCE1d' s FCF Margin % Range Over the Past 10 Years
Min: -2.96   Med: 33.48   Max: 36.2
Current: 32.75


During the past 13 years, the highest FCF Margin % of Booking Holdings was 36.20%. The lowest was -2.96%. And the median was 33.48%.

CHIX:PCE1d's FCF Margin % is ranked better than
92.18% of 844 companies
in the Travel & Leisure industry
Industry Median: 5.86 vs CHIX:PCE1d: 32.75


Booking Holdings FCF Margin % Related Terms


Booking Holdings FCF Margin % Historical Data

* Premium members only.

The historical data trend for Booking Holdings's FCF 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 FCF Margin % Chart

Booking Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
FCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.96 36.20 32.76 33.25 33.76

Booking Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
FCF 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 66.40 46.15 15.22 22.32 56.18

CHIX:PCE1D vs ABNB, RCL, VIK: FCF Margin % Comparison

For the Travel Services subindustry, Booking Holdings's FCF Margin %, along with its competitors' market caps and FCF 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 FCF Margin % vs Travel & Leisure Industry

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

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


CHIX:PCE1D
89GF Score
Booking Holdings Inc CHIX:PCE1D
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Booking Holdings FCF Margin % Calculation

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

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

FCF Margin=Free Cash Flow (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=7760.298/22987.118
=33.76 %

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

FCF Margin=Free Cash Flow (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=2688.42/4785.18
=56.18 %

* 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 FCF Margin % →
What does a FCF Margin % of 56.18% mean?
Booking Holdings (CHIX:PCE1D) has a FCF Margin % of 56.18% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Booking Holdings and its competitors. This is 68% above median its historical median of 33.48. According to the industry distribution chart, Booking Holdings ranks #66 out of 844 companies in the Travel & Leisure industry, placing it in the top 7.8%.
Is Booking Holdings' FCF Margin % too high?
Booking Holdings' current FCF Margin % of 56.18% is 68% above median its 10-year median of 33.48. The Travel & Leisure industry median FCF Margin % is 5.86. Booking Holdings' value of 56.18% is 858.7% above this industry median. Based on the distribution chart, Booking Holdings ranks #66 out of 844 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 89/100, reflecting its overall financial health beyond just this single metric.
How does Booking Holdings' FCF Margin % compare to ABNB and RCL?
According to the Travel & Leisure industry distribution chart, Booking Holdings ranks #66 out of 844 companies for FCF Margin %. This places Booking Holdings in the top 8% of its industry — outperforming the majority of peers. The industry median FCF Margin % is 5.86. Booking Holdings' value of 56.18% is 858.7% above this benchmark. While the company's 10-year median is 33.48 vs. the industry median of 5.86, 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 FCF Margin % for a Travel & Leisure company?
The median FCF Margin % among Travel & Leisure companies is 5.86, based on 844 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Booking Holdings's current FCF Margin % of 56.18% is 858.7% 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 FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Booking Holdings and its competitors. For the Travel & Leisure industry, the median FCF Margin % is 5.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Booking Holdings's current FCF Margin % is 56.18%, which is 68% above median its own 10-year median of 33.48. 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?
Booking Holdings (CHIX:PCE1D) has a current FCF Margin % of 56.18%. The stock's GF Value™ is €207.11, compared to a current price of €163.85 — trading 20.9% below its estimated fair value. The current FCF Margin % is 56.18%, which is 68% above median its 10-year median of 33.48 and 858.7% above the Travel & Leisure industry median of 5.86. Booking Holdings' overall GF Score™ is 89/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For Booking Holdings (CHIX:PCE1D), the current FCF Margin % is 56.18% 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 (CHIX:PCE1D) Overvalued in 2026?

Based on GuruFocus' analysis, Booking Holdings stock appears to be undervalued. The current stock price of €163.85 is trading 20.9% below its estimated GF Value™ of €207.11.

Key valuation signals for CHIX:PCE1D:

  • FCF Margin %: 56.18% (68% above median its 10-year median of 33.48)
  • GF Value™: €207.11 vs. price of €163.85 (20.9% below fair value)
  • GF Score™: 89/100 with 2 warning signs
  • Industry Position: 858.7% above the Travel & Leisure median (#66 of 844)

No single metric tells the full story. See the CHIX:PCE1D 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.
89GF Score

Get the complete analysis for CHIX:PCE1D

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

€163.85
Price
€207.11
GF Value