Booking HoldingsCHIX:PCE1D 89 Dividend Payout Ratio is 0.39 as of Mar. 2026, which is 105% above its 10-year median of 0.19. GuruFocus rates CHIX:PCE1D with a GF Score™ of 89/100 and a GF Value™ of €199.21. The stock has 2 warning signs investors should review. Among 343 Travel & Leisure companies, Booking Holdings ranks better than 83.38% on this metric.
The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Booking Holdings's Dividend Payout Ratio for the
months ended in Mar. 2026 was 0.39.
The historical rank and industry rank for Booking Holdings's Dividend Payout Ratio or its related term are showing as below:
CHIX:PCE1d'
s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.18 Med: 0.19 Max: 0.19
Current: 0.18
During the past 13 years, the highest Dividend Payout Ratio of Booking Holdings was 0.19. The lowest was 0.18. And the median was 0.19.
CHIX:PCE1d's Dividend Payout Ratio is ranked better than 83.38% of 343
companies
in the Travel & Leisure industry
Industry Median: 0.43
vs CHIX:PCE1d: 0.18
During the past 12 months, Booking Holdings's average Dividends Per Share Growth Rate was 9.60% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.
Booking Holdings (CHIX:PCE1d) Dividend Payout Ratio Explanation
In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
Booking Holdings Dividend Payout Ratio Related Terms
Booking Holdings Dividend Payout Ratio Historical Data
* Premium members only.
The historical data trend for Booking Holdings's Dividend Payout Ratio 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.
CHIX:PCE1D vs ABNB, RCL, VIK: Dividend Payout Ratio Comparison
For the Travel Services subindustry, Booking Holdings's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Booking Holdings's Dividend Payout Ratio distribution charts can be found below:
* The bar in red indicates where Booking Holdings's Dividend Payout Ratio falls into.
Booking Holdings Dividend Payout Ratio Calculation
The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.
Booking Holdings's Dividend Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* 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 (CHIX:PCE1D) has a Dividend Payout Ratio of 0.39 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Booking Holdings and its competitors. This is 105% above median its historical median of 0.19. Over the past decade, Booking Holdings' Dividend Payout Ratio has ranged from 0.18 to 0.19. According to the industry distribution chart, Booking Holdings ranks #57 out of 343 companies in the Travel & Leisure industry, placing it in the top 16.6%.
Is Booking Holdings' Dividend Payout Ratio too high?
Booking Holdings' current Dividend Payout Ratio of 0.39 is 105% above median its 10-year median of 0.19. Over the past 10 years, this metric has ranged from a low of 0.18 to a high of 0.19. The Travel & Leisure industry median Dividend Payout Ratio is 0.43. Booking Holdings' value of 0.39 is 9.3% below this industry median. Based on the distribution chart, Booking Holdings ranks #57 out of 343 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' Dividend Payout Ratio compare to ABNB and RCL?
According to the Travel & Leisure industry distribution chart, Booking Holdings ranks #57 out of 343 companies for Dividend Payout Ratio. This places Booking Holdings in the top 17% of its industry — outperforming the majority of peers. The industry median Dividend Payout Ratio is 0.43. Booking Holdings' value of 0.39 is 9.3% below this benchmark. Historically, Booking Holdings' own Dividend Payout Ratio has ranged from 0.18 to 0.19 over the past decade. While the company's 10-year median is 0.19 vs. the industry median of 0.43, Booking Holdings has consistently been below 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 Dividend Payout Ratio for a Travel & Leisure company?
The median Dividend Payout Ratio among Travel & Leisure companies is 0.43, based on 343 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Booking Holdings's current Dividend Payout Ratio of 0.39 is 9.3% below 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 Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Booking Holdings and its competitors. For the Travel & Leisure industry, the median Dividend Payout Ratio is 0.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Booking Holdings's current Dividend Payout Ratio is 0.39, which is 105% above median its own 10-year median of 0.19. 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 Dividend Payout Ratio of 0.39. The stock's GF Value™ is €199.21, compared to a current price of €163.85 — trading 17.8% below its estimated fair value. The current Dividend Payout Ratio is 0.39, which is 105% above median its 10-year median of 0.19 and 9.3% below the Travel & Leisure industry median of 0.43. 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 Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For Booking Holdings (CHIX:PCE1D), the current Dividend Payout Ratio is 0.39 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 17.8% below its estimated GF Value™ of €199.21.
Key valuation signals for CHIX:PCE1D:
Dividend Payout Ratio: 0.39 (105% above median its 10-year median of 0.19)
GF Value™: €199.21 vs. price of €163.85 (17.8% below fair value)
Industry Position: 9.3% below the Travel & Leisure median (#57 of 343)
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 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
Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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