# BKNG · Booking Holdings Inc.

Snapshot 2026-10-26 · CIK 0001075531 · Nasdaq · Transportation Services

Price 155.83 (2026-10-23, Alpaca Market Data (consolidated SIP daily bar)) · Market cap 117.09 B

Machine-readable: https://theclaudetrader.com/s/BKNG.json · index: https://theclaudetrader.com/llms.txt

## Scores

### Graham Defensive: 17.9 (partial: 3) · complete: False · missing tests: 3 · current inputs as of 2025-12-31 · stale inputs: Revenue · history 2014–2025 · price 2026-10-23 · verification {'verified': 3, 'mismatch': 0, 'unverified': 17, 'not_cross_checked': 1} · computed 2026-10-26 · rules https://theclaudetrader.com/p/graham
- 1 Adequate size: 26.92 revenue $B · threshold >= 1 · points 5.0/5
- 2a Current ratio: 1.09  · threshold >= 2.0 · points 1.4/15
- 2b Long-term debt vs working capital: 9.15 LTD / WC · threshold <= 1.0 · points 0.0/15
- 3 Positive earnings each of 10 years: 5 years reported  · threshold 10 of 10 · points None/15
- 4 Dividends every year for 20 years: 2 of 20  · threshold 20 of 20 · points 1.5/15
- 5 EPS growth, 3-yr avg now vs 10 yrs ago: 1.84 -> 6.08 (+231%)  · threshold >= +33% · points 10.0/10
- 6 P/E on 3-year average EPS: 25.6  · threshold <= 15 · points 0.0/15
- 7 P/B <= 1.5, or P/E x P/B <= 22.5: None  · threshold <= 1.5 or <= 22.5 · points 0.0/10

Inputs:
  - Price (close, per traded unit): 155.83 · 2026-10-23 · Alpaca Market Data (consolidated SIP daily bar) · https://docs.alpaca.markets/docs/historical-stock-data-1
  - Revenue: 26917000000.0 · 2025-12-31 · SEC XBRL Revenues · https://www.sec.gov/Archives/edgar/data/1075531/000107553126000009/ · unverified
  - current_assets: 23057000000.0 · 2026-06-30 · SEC XBRL AssetsCurrent · https://www.sec.gov/Archives/edgar/data/1075531/000107553126000037/ · unverified
  - current_liabilities: 21071000000.0 · 2026-06-30 · SEC XBRL LiabilitiesCurrent · https://www.sec.gov/Archives/edgar/data/1075531/000107553126000037/ · unverified
  - lt_debt: 18180000000.0 · 2026-06-30 · SEC XBRL LongTermDebtNoncurrent · https://www.sec.gov/Archives/edgar/data/1075531/000107553126000037/ · unverified
  - equity: -10783000000.0 · 2026-06-30 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/1075531/000107553126000037/ · unverified
  - Net income FY2021: 1165000000.0 · 2021-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1075531/000130817926000310/ · unverified
  - Net income FY2022: 3058000000.0 · 2022-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1075531/000130817926000310/ · unverified
  - Net income FY2023: 4289000000.0 · 2023-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1075531/000130817926000310/ · unverified
  - Net income FY2024: 5882000000.0 · 2024-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1075531/000130817926000310/ · unverified
  - Net income FY2025: 5404000000.0 · 2025-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1075531/000130817926000310/ · unverified
  - Dividend years (Yahoo): [2024, 2025, 2026] ·  · Yahoo Finance dividend history · https://finance.yahoo.com/quote/BKNG/history?filter=div · verified (partly: XBRL covers 2 of 20 years)
  - Dividends per share FY2024 (XBRL): 8.75 · 2024-12-31 · SEC XBRL CommonStockDividendsPerShareDeclared · https://www.sec.gov/Archives/edgar/data/1075531/000107553126000009/ · verified
  - Dividends per share FY2025 (XBRL): 9.6 · 2025-12-31 · SEC XBRL CommonStockDividendsPerShareDeclared · https://www.sec.gov/Archives/edgar/data/1075531/000107553126000009/ · verified
  - EPS diluted FY2014: 1.8268 · 2014-12-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/1075531/000107553117000009/ · unverified
  - EPS diluted FY2015: 1.978 · 2015-12-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/1075531/000107553118000015/ · unverified
  - EPS diluted FY2016: 1.706 · 2016-12-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/1075531/000107553119000009/ · unverified
  - EPS diluted FY2023: 4.696 · 2023-12-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/1075531/000107553126000009/ · unverified
  - EPS diluted FY2024: 6.9076 · 2024-12-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/1075531/000107553126000009/ · unverified
  - EPS diluted FY2025: 6.6228 · 2025-12-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/1075531/000107553126000009/ · unverified
  - equity: -10783000000.0 · 2026-06-30 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/1075531/000107553126000037/ · unverified

### Magic Formula: 99.0 (ok) · complete: True · missing tests: none · current inputs as of 2025-12-31 · stale inputs: operating_income_q, debt_incl_current · history None–None · price 2026-10-23 · verification None · computed 2026-10-26 · rules https://theclaudetrader.com/p/magic_formula
-  Earnings yield (EBIT/EV): 7.83 % · threshold  · points /
-  Return on capital (EBIT/(NWC+PPE)): 337.23 % · threshold  · points /
-  Combined rank: 33  · threshold  · points /

Inputs:
  - operating_income: 8825000000.0 · 2025-12-31 · SEC XBRL OperatingIncomeLoss · https://www.sec.gov/Archives/edgar/data/1075531/000107553126000009/
  - operating_income_q: 1271000000.0 · 2026-03-31 · SEC XBRL OperatingIncomeLoss (quarter CY2026Q1) · https://www.sec.gov/Archives/edgar/data/1075531/000107553126000025/
  - operating_income_q: 1062000000.0 · 2025-03-31 · SEC XBRL OperatingIncomeLoss (quarter CY2025Q1) · https://www.sec.gov/Archives/edgar/data/1075531/000107553126000025/
  - operating_income_q: 2500000000.0 · 2026-06-30 · SEC XBRL OperatingIncomeLoss (quarter CY2026Q2) · https://www.sec.gov/Archives/edgar/data/1075531/000107553126000037/
  - operating_income_q: 2250000000.0 · 2025-06-30 · SEC XBRL OperatingIncomeLoss (quarter CY2025Q2) · https://www.sec.gov/Archives/edgar/data/1075531/000107553126000037/
  - current_assets: 23057000000.0 · 2026-06-30 · SEC XBRL AssetsCurrent · https://www.sec.gov/Archives/edgar/data/1075531/000107553126000037/
  - current_liabilities: 21071000000.0 · 2026-06-30 · SEC XBRL LiabilitiesCurrent · https://www.sec.gov/Archives/edgar/data/1075531/000107553126000037/
  - cash: 17214000000.0 · 2026-06-30 · SEC XBRL CashAndCashEquivalentsAtCarryingValue · https://www.sec.gov/Archives/edgar/data/1075531/000107553126000037/
  - ppe_net: 767000000.0 · 2026-06-30 · SEC XBRL PropertyPlantAndEquipmentNet · https://www.sec.gov/Archives/edgar/data/1075531/000107553126000037/
  - debt_incl_current: 18736000000.0 · 2025-12-31 · SEC XBRL LongTermDebt · https://www.sec.gov/Archives/edgar/data/1075531/000107553126000009/
  - shares_out: 751380500.0 · 2026-07-27 · SEC cover page 10-Q 0001075531-26-000037 (751,380,500 shares (single class on cover)); filing document https://www.sec.gov/Archives/edgar/data/1075531/000107553126000037/bkng-20260630.htm · https://www.sec.gov/Archives/edgar/data/1075531/000107553126000037/R1.htm
  - Price (close): 155.83 · 2026-10-23 · Yahoo Finance / Alpaca Market Data · 
  - note: debt = LongTermDebt (incl. current maturities) ·  ·  · 

### Momentum: 25.7 (ok) · complete: True · missing tests: none · current inputs as of 2026-10-23 · stale inputs: none · history None–None · price 2026-10-23 · verification None · computed 2026-10-26 · rules https://theclaudetrader.com/p/momentum
-  12-1 month return: -22.8 % · threshold  · points 7.0/50
-  6 month return: -11.4 % · threshold  · points 3.7/20
-  Price / 52-week high: 0.714  · threshold  · points 10.7/15
-  Volatility penalty (60d annualised): 35.4 % · threshold  · points 4.3/15

Inputs:
  - Adjusted close series (14 months): 155.83 · 2026-10-23 · Yahoo Finance / Alpaca Market Data daily history · 

### Insider: 0.0 (no open-market transactions in window) · complete: True · missing tests: none · current inputs as of 2026-10-23 · stale inputs: none · history None–None · price None · verification None · computed 2026-10-26 · rules https://theclaudetrader.com/p/insider
-  Open-market buy value / market cap (percentile among buyers): 0.0 bp · threshold  · points 0.0/35
-  Distinct buyers: 0  · threshold  · points 0.0/25
-  Buyer seniority: 0.0  · threshold  · points 0.0/20
-  Recency (half-life 30d): 0.0  · threshold  · points 0.0/10
-  Sales penalty (excludes 10b5-1 plan sales): 0.0 bp · threshold  · points -0.0/0

Inputs:
  - excluded 2026-10-15 S: 10b5-1 plan ·  · rule · 
  - excluded 2026-09-15 S: 10b5-1 plan ·  · rule · 
  - excluded 2026-09-01 S: 10b5-1 plan ·  · rule · 
  - excluded 2026-08-31 S: 10b5-1 plan ·  · rule · 
  - excluded 2026-08-17 S: 10b5-1 plan ·  · rule · 
  - excluded 2026-08-17 S: 10b5-1 plan ·  · rule · 
  - excluded 2026-08-17 S: 10b5-1 plan ·  · rule · 
  - excluded 2026-08-17 S: 10b5-1 plan ·  · rule · 
  - excluded 2026-08-17 S: 10b5-1 plan ·  · rule · 
  - excluded 2026-08-17 S: 10b5-1 plan ·  · rule · 
  - excluded 2026-08-17 S: 10b5-1 plan ·  · rule · 
  - excluded 2026-08-17 S: 10b5-1 plan ·  · rule · 
  - excluded 2026-08-17 S: 10b5-1 plan ·  · rule · 
  - excluded 2026-08-17 S: 10b5-1 plan ·  · rule · 
  - excluded 2026-08-12 S: 10b5-1 plan ·  · rule · 
  - excluded 2026-08-12 S: 10b5-1 plan ·  · rule · 
  - excluded 2026-08-12 S: 10b5-1 plan ·  · rule · 
  - excluded 2026-08-12 S: 10b5-1 plan ·  · rule · 
  - excluded 2026-08-12 S: 10b5-1 plan ·  · rule · 
  - excluded 2026-08-05 S: 10b5-1 plan ·  · rule · 
  - excluded 2026-07-29 S: 10b5-1 plan ·  · rule · 
  - excluded 2026-07-28 S: 10b5-1 plan ·  · rule · 

### Buffett Quality: 49.4 (partial: 1, 2, 3) · complete: False · missing tests: 1, 2, 3 · current inputs as of 2025-12-31 · stale inputs: debt_incl_current · history 2021–2025 · price 2026-10-23 · verification {'verified': 0, 'mismatch': 0, 'unverified': 21, 'not_cross_checked': 2} · computed 2026-10-26 · rules https://theclaudetrader.com/p/buffett
- 1 Average return on equity (net income / year-end equity): 2 years with positive equity  · threshold >= 15% · points None/25
- 2 Profitable every year: 5 years reported  · threshold all years · points None/15
- 3 Net income growth, 3-yr average now vs start of window: 5 years reported  · threshold >= +10% · points None/10
- 4 Borrowings / 3-yr average earnings (years to repay): 3.6 years · threshold <= 4 · points 15.0/15
- 5 Operating margin, 5-yr average: 28.9%  · threshold >= 20% · points 10.0/10
- 6 Free cash flow / net income, 5-yr (operating cash flow minus capex): 1.65  · threshold >= 1.0 · points 10.0/10
- 7 Owner-earnings yield (3-yr avg free cash flow / market cap): 6.8%  · threshold >= 7% · points 14.4/15

Inputs:
  - Price (close, per traded unit): 155.83 · 2026-10-23 · Alpaca Market Data (consolidated SIP daily bar) · https://docs.alpaca.markets/docs/historical-stock-data-1
  - debt_incl_current: 18736000000.0 · 2025-12-31 · SEC XBRL LongTermDebt · https://www.sec.gov/Archives/edgar/data/1075531/000107553126000009/ · unverified
  - Operating income FY2021: 2496000000.0 · 2021-12-31 · SEC XBRL OperatingIncomeLoss · https://www.sec.gov/Archives/edgar/data/1075531/000107553124000014/ · unverified
  - Revenue FY2021: 10958000000.0 · 2021-12-31 · SEC XBRL Revenues · https://www.sec.gov/Archives/edgar/data/1075531/000107553124000014/ · unverified
  - Operating income FY2022: 5102000000.0 · 2022-12-31 · SEC XBRL OperatingIncomeLoss · https://www.sec.gov/Archives/edgar/data/1075531/000107553125000010/ · unverified
  - Revenue FY2022: 17090000000.0 · 2022-12-31 · SEC XBRL Revenues · https://www.sec.gov/Archives/edgar/data/1075531/000107553125000010/ · unverified
  - Operating income FY2023: 5835000000.0 · 2023-12-31 · SEC XBRL OperatingIncomeLoss · https://www.sec.gov/Archives/edgar/data/1075531/000107553126000009/ · unverified
  - Revenue FY2023: 21365000000.0 · 2023-12-31 · SEC XBRL Revenues · https://www.sec.gov/Archives/edgar/data/1075531/000107553126000009/ · unverified
  - Operating income FY2024: 7555000000.0 · 2024-12-31 · SEC XBRL OperatingIncomeLoss · https://www.sec.gov/Archives/edgar/data/1075531/000107553126000009/ · unverified
  - Revenue FY2024: 23739000000.0 · 2024-12-31 · SEC XBRL Revenues · https://www.sec.gov/Archives/edgar/data/1075531/000107553126000009/ · unverified
  - Operating income FY2025: 8825000000.0 · 2025-12-31 · SEC XBRL OperatingIncomeLoss · https://www.sec.gov/Archives/edgar/data/1075531/000107553126000009/ · unverified
  - Revenue FY2025: 26917000000.0 · 2025-12-31 · SEC XBRL Revenues · https://www.sec.gov/Archives/edgar/data/1075531/000107553126000009/ · unverified
  - Operating cash flow FY2021: 2820000000.0 · 2021-12-31 · SEC XBRL NetCashProvidedByUsedInOperatingActivities · https://www.sec.gov/Archives/edgar/data/1075531/000107553124000014/ · unverified
  - Capital expenditure FY2021: 304000000.0 · 2021-12-31 · SEC XBRL PaymentsToAcquirePropertyPlantAndEquipment · https://www.sec.gov/Archives/edgar/data/1075531/000107553124000014/ · unverified
  - Operating cash flow FY2022: 6554000000.0 · 2022-12-31 · SEC XBRL NetCashProvidedByUsedInOperatingActivities · https://www.sec.gov/Archives/edgar/data/1075531/000107553125000010/ · unverified
  - Capital expenditure FY2022: 368000000.0 · 2022-12-31 · SEC XBRL PaymentsToAcquirePropertyPlantAndEquipment · https://www.sec.gov/Archives/edgar/data/1075531/000107553125000010/ · unverified
  - Operating cash flow FY2023: 7344000000.0 · 2023-12-31 · SEC XBRL NetCashProvidedByUsedInOperatingActivities · https://www.sec.gov/Archives/edgar/data/1075531/000107553126000009/ · unverified
  - Capital expenditure FY2023: 345000000.0 · 2023-12-31 · SEC XBRL PaymentsToAcquirePropertyPlantAndEquipment · https://www.sec.gov/Archives/edgar/data/1075531/000107553126000009/ · unverified
  - Operating cash flow FY2024: 8323000000.0 · 2024-12-31 · SEC XBRL NetCashProvidedByUsedInOperatingActivities · https://www.sec.gov/Archives/edgar/data/1075531/000107553126000009/ · unverified
  - Capital expenditure FY2024: 429000000.0 · 2024-12-31 · SEC XBRL PaymentsToAcquirePropertyPlantAndEquipment · https://www.sec.gov/Archives/edgar/data/1075531/000107553126000009/ · unverified
  - Operating cash flow FY2025: 9409000000.0 · 2025-12-31 · SEC XBRL NetCashProvidedByUsedInOperatingActivities · https://www.sec.gov/Archives/edgar/data/1075531/000107553126000009/ · unverified
  - Capital expenditure FY2025: 322000000.0 · 2025-12-31 · SEC XBRL PaymentsToAcquirePropertyPlantAndEquipment · https://www.sec.gov/Archives/edgar/data/1075531/000107553126000009/ · unverified
  - Shares outstanding: 751380500.0 · 2026-07-27 · SEC cover page 10-Q 0001075531-26-000037 (751,380,500 shares (single class on cover)); filing document https://www.sec.gov/Archives/edgar/data/1075531/000107553126000037/bkng-20260630.htm · https://www.sec.gov/Archives/edgar/data/1075531/000107553126000037/R1.htm

### Lynch GARP: 58.8 (ok) · complete: True · missing tests: none · current inputs as of 2026-06-30 · stale inputs: none · history 2020–2025 · price 2026-10-23 · verification {'verified': 0, 'mismatch': 0, 'unverified': 3, 'not_cross_checked': 1} · computed 2026-10-26 · rules https://theclaudetrader.com/p/lynch
- 1 PEG: P/E divided by 5-yr EPS growth (in % points): 0.15  · threshold <= 1.0 · points 30.0/30
- 2 EPS growth, 5-yr compound rate: +158.3% a year  · threshold 12% to 35% a year · points 0.0/20
- 3 P/E on latest annual EPS: 23.5  · threshold <= 25 · points 10.0/10
- 4 Borrowings / equity: None  · threshold <= 0.5 · points 0.0/15
- 5 Years of the last 5 in which EPS rose: 4 of 5  · threshold 5 of 5 · points 12.0/15
- 6 Net cash (cash minus borrowings) / market cap: -1.3%  · threshold >= +10% · points 6.8/10

Inputs:
  - Price (close, per traded unit): 155.83 · 2026-10-23 · Alpaca Market Data (consolidated SIP daily bar) · https://docs.alpaca.markets/docs/historical-stock-data-1
  - EPS diluted FY2025: 6.6228 · 2025-12-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/1075531/000107553126000009/ · unverified
  - EPS diluted FY2020: 0.0576 · 2020-12-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/1075531/000107553123000016/ · unverified
  - cash: 17214000000.0 · 2026-06-30 · SEC XBRL CashAndCashEquivalentsAtCarryingValue · https://www.sec.gov/Archives/edgar/data/1075531/000107553126000037/ · unverified

### Graham Enterprising: 37.8 (ok) · complete: True · missing tests: none · current inputs as of 2025-12-31 · stale inputs: debt_incl_current · history 2020–2025 · price 2026-10-23 · verification {'verified': 0, 'mismatch': 0, 'unverified': 10, 'not_cross_checked': 2} · computed 2026-10-26 · rules https://theclaudetrader.com/p/graham_enterprising
- 1 Current ratio: 1.09  · threshold >= 1.5 · points 2.8/15
- 2 Borrowings vs working capital: 9.43 x · threshold <= 1.1x · points 0.0/15
- 3 No earnings deficit in the last 5 years: 5 of 5 profitable  · threshold 5 of 5 · points 15.0/15
- 4 Pays a current dividend: yes  · threshold yes · points 10.0/10
- 5 EPS higher than five years earlier: 0.06 -> 6.62  · threshold higher · points 10.0/10
- 6 Price / book value per share: None  · threshold <= 1.2 · points 0.0/20
- 7 Price / net current asset value per share (current assets minus all liabilities): None  · threshold <= 0.67 · points 0.0/15

Inputs:
  - Price (close, per traded unit): 155.83 · 2026-10-23 · Alpaca Market Data (consolidated SIP daily bar) · https://docs.alpaca.markets/docs/historical-stock-data-1
  - current_assets: 23057000000.0 · 2026-06-30 · SEC XBRL AssetsCurrent · https://www.sec.gov/Archives/edgar/data/1075531/000107553126000037/ · unverified
  - current_liabilities: 21071000000.0 · 2026-06-30 · SEC XBRL LiabilitiesCurrent · https://www.sec.gov/Archives/edgar/data/1075531/000107553126000037/ · unverified
  - debt_incl_current: 18736000000.0 · 2025-12-31 · SEC XBRL LongTermDebt · https://www.sec.gov/Archives/edgar/data/1075531/000107553126000009/ · unverified
  - Net income FY2021: 1165000000.0 · 2021-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1075531/000130817926000310/ · unverified
  - Net income FY2022: 3058000000.0 · 2022-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1075531/000130817926000310/ · unverified
  - Net income FY2023: 4289000000.0 · 2023-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1075531/000130817926000310/ · unverified
  - Net income FY2024: 5882000000.0 · 2024-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1075531/000130817926000310/ · unverified
  - Net income FY2025: 5404000000.0 · 2025-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1075531/000130817926000310/ · unverified
  - Dividend years (Yahoo): [2024, 2025, 2026] ·  · Yahoo Finance dividend history · https://finance.yahoo.com/quote/BKNG/history?filter=div
  - EPS diluted FY2025: 6.6228 · 2025-12-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/1075531/000107553126000009/ · unverified
  - EPS diluted FY2020: 0.0576 · 2020-12-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/1075531/000107553123000016/ · unverified

### Piotroski F-Score: 66.7 (ok) · complete: True · missing tests: none · current inputs as of None · stale inputs: none · history 2024–2026 · price None · verification {'verified': 0, 'mismatch': 0, 'unverified': 27, 'not_cross_checked': 0} · computed 2026-10-26 · rules https://theclaudetrader.com/p/piotroski
- 1 Return on assets is positive: 18.5%  · threshold pass = 1 · points 11.11111111111111/11.11111111111111
- 2 Operating cash flow is positive: 9,409M  · threshold pass = 1 · points 11.11111111111111/11.11111111111111
- 3 Return on assets improved on the prior year: 21.2% -> 18.5%  · threshold pass = 1 · points 0.0/11.11111111111111
- 4 Operating cash flow exceeds net income (accruals): 9,409M vs 5,404M  · threshold pass = 1 · points 11.11111111111111/11.11111111111111
- 5 Long-term debt / assets fell: 53.6% -> 57.6%  · threshold pass = 1 · points 0.0/11.11111111111111
- 6 Current ratio improved: 1.31 -> 1.33  · threshold pass = 1 · points 11.11111111111111/11.11111111111111
- 7 No new shares issued (share count did not rise): 32M -> 751M  · threshold pass = 1 · points 0.0/11.11111111111111
- 8 Operating margin improved (stand-in for gross margin, which the dataset does not carry): 31.8% -> 32.8%  · threshold pass = 1 · points 11.11111111111111/11.11111111111111
- 9 Asset turnover (revenue / assets) improved: 0.86 -> 0.92  · threshold pass = 1 · points 11.11111111111111/11.11111111111111

Inputs:
  - net_income 2025-12-31: 5404000000.0 · 2025-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1075531/000130817926000310/ · unverified
  - total_assets 2025-12-31: 29264000000.0 · 2025-12-31 · SEC XBRL Assets · https://www.sec.gov/Archives/edgar/data/1075531/000107553126000037/ · unverified
  - cfo 2025-12-31: 9409000000.0 · 2025-12-31 · SEC XBRL NetCashProvidedByUsedInOperatingActivities · https://www.sec.gov/Archives/edgar/data/1075531/000107553126000009/ · unverified
  - net_income 2025-12-31: 5404000000.0 · 2025-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1075531/000130817926000310/ · unverified
  - net_income 2024-12-31: 5882000000.0 · 2024-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1075531/000130817926000310/ · unverified
  - total_assets 2025-12-31: 29264000000.0 · 2025-12-31 · SEC XBRL Assets · https://www.sec.gov/Archives/edgar/data/1075531/000107553126000037/ · unverified
  - total_assets 2024-12-31: 27708000000.0 · 2024-12-31 · SEC XBRL Assets · https://www.sec.gov/Archives/edgar/data/1075531/000107553126000009/ · unverified
  - cfo 2025-12-31: 9409000000.0 · 2025-12-31 · SEC XBRL NetCashProvidedByUsedInOperatingActivities · https://www.sec.gov/Archives/edgar/data/1075531/000107553126000009/ · unverified
  - net_income 2025-12-31: 5404000000.0 · 2025-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1075531/000130817926000310/ · unverified
  - lt_debt 2025-12-31: 16856000000.0 · 2025-12-31 · SEC XBRL LongTermDebtNoncurrent · https://www.sec.gov/Archives/edgar/data/1075531/000107553126000037/ · unverified
  - lt_debt 2024-12-31: 14853000000.0 · 2024-12-31 · SEC XBRL LongTermDebtNoncurrent · https://www.sec.gov/Archives/edgar/data/1075531/000107553126000009/ · unverified
  - total_assets 2025-12-31: 29264000000.0 · 2025-12-31 · SEC XBRL Assets · https://www.sec.gov/Archives/edgar/data/1075531/000107553126000037/ · unverified
  - total_assets 2024-12-31: 27708000000.0 · 2024-12-31 · SEC XBRL Assets · https://www.sec.gov/Archives/edgar/data/1075531/000107553126000009/ · unverified
  - current_assets 2025-12-31: 22264000000.0 · 2025-12-31 · SEC XBRL AssetsCurrent · https://www.sec.gov/Archives/edgar/data/1075531/000107553126000037/ · unverified
  - current_assets 2024-12-31: 20491000000.0 · 2024-12-31 · SEC XBRL AssetsCurrent · https://www.sec.gov/Archives/edgar/data/1075531/000107553126000009/ · unverified
  - current_liabilities 2025-12-31: 16698000000.0 · 2025-12-31 · SEC XBRL LiabilitiesCurrent · https://www.sec.gov/Archives/edgar/data/1075531/000107553126000037/ · unverified
  - current_liabilities 2024-12-31: 15647000000.0 · 2024-12-31 · SEC XBRL LiabilitiesCurrent · https://www.sec.gov/Archives/edgar/data/1075531/000107553126000009/ · unverified
  - shares_out 2026-07-27: 751380500.0 · 2026-07-27 · SEC XBRL EntityCommonStockSharesOutstanding · https://www.sec.gov/Archives/edgar/data/1075531/000107553126000037/ · unverified
  - shares_out 2025-07-21: 32409885.0 · 2025-07-21 · SEC XBRL EntityCommonStockSharesOutstanding · https://www.sec.gov/Archives/edgar/data/1075531/000107553125000036/ · unverified
  - operating_income 2025-12-31: 8825000000.0 · 2025-12-31 · SEC XBRL OperatingIncomeLoss · https://www.sec.gov/Archives/edgar/data/1075531/000107553126000009/ · unverified
  - operating_income 2024-12-31: 7555000000.0 · 2024-12-31 · SEC XBRL OperatingIncomeLoss · https://www.sec.gov/Archives/edgar/data/1075531/000107553126000009/ · unverified
  - revenue 2025-12-31: 26917000000.0 · 2025-12-31 · SEC XBRL Revenues · https://www.sec.gov/Archives/edgar/data/1075531/000107553126000009/ · unverified
  - revenue 2024-12-31: 23739000000.0 · 2024-12-31 · SEC XBRL Revenues · https://www.sec.gov/Archives/edgar/data/1075531/000107553126000009/ · unverified
  - revenue 2025-12-31: 26917000000.0 · 2025-12-31 · SEC XBRL Revenues · https://www.sec.gov/Archives/edgar/data/1075531/000107553126000009/ · unverified
  - revenue 2024-12-31: 23739000000.0 · 2024-12-31 · SEC XBRL Revenues · https://www.sec.gov/Archives/edgar/data/1075531/000107553126000009/ · unverified
  - total_assets 2025-12-31: 29264000000.0 · 2025-12-31 · SEC XBRL Assets · https://www.sec.gov/Archives/edgar/data/1075531/000107553126000037/ · unverified
  - total_assets 2024-12-31: 27708000000.0 · 2024-12-31 · SEC XBRL Assets · https://www.sec.gov/Archives/edgar/data/1075531/000107553126000009/ · unverified

## Market value, source trail

- Formula: market_value = traded_price (price date) / depositary_ratio x latest point-in-time SEC shares outstanding (share-count date shown; from the filing cover page, summed across share classes only where the issuer filing verifies the classes are economically equivalent (rule + evidence URL in the source text), else withheld; priced at the primary listed class, so where other classes trade at a different price the value is an approximation; restated only for issuer-verified splits after the count date); weighted-average share counts are never used
- Traded price: 155.83 on 2026-10-23 (USD per traded unit (share or ADS)) · https://docs.alpaca.markets/docs/historical-stock-data-1
- SEC shares outstanding: 751,380,500 underlying shares, period 2026-07-27, SEC cover page 10-Q 0001075531-26-000037 (751,380,500 shares (single class on cover)); filing document https://www.sec.gov/Archives/edgar/data/1075531/000107553126000037/bkng-20260630.htm, accession 0001075531-26-000037 · https://www.sec.gov/Archives/edgar/data/1075531/000107553126000037/R1.htm
- Depositary ratio: 1.0 (domestic; 10-K filer; SEC shares are the traded units) · None
- Market value (price date x latest reported shares): 117,087,623,315 USD; 155.83 (price 2026-10-23) / 1 x 751,380,500 (shares at 2026-07-27) = 117,087,623,315

## Revenue by fiscal year (SEC XBRL; FY = calendar year in which the fiscal year ends)

- FY2013 (ended 2013-12-31): 6793306000.0 · https://www.sec.gov/Archives/edgar/data/1075531/000107553116000084/
- FY2014 (ended 2014-12-31): 8441971000.0 · https://www.sec.gov/Archives/edgar/data/1075531/000107553117000009/
- FY2015 (ended 2015-12-31): 9223987000.0 · https://www.sec.gov/Archives/edgar/data/1075531/000107553118000015/
- FY2016 (ended 2016-12-31): 10743000000.0 · https://www.sec.gov/Archives/edgar/data/1075531/000107553119000009/
- FY2017 (ended 2017-12-31): 12681000000.0 · https://www.sec.gov/Archives/edgar/data/1075531/000107553120000011/
- FY2018 (ended 2018-12-31): 14527000000.0 · https://www.sec.gov/Archives/edgar/data/1075531/000107553121000019/
- FY2019 (ended 2019-12-31): 15066000000.0 · https://www.sec.gov/Archives/edgar/data/1075531/000107553122000008/
- FY2020 (ended 2020-12-31): 6796000000.0 · https://www.sec.gov/Archives/edgar/data/1075531/000107553123000016/
- FY2021 (ended 2021-12-31): 10958000000.0 · https://www.sec.gov/Archives/edgar/data/1075531/000107553124000014/
- FY2022 (ended 2022-12-31): 17090000000.0 · https://www.sec.gov/Archives/edgar/data/1075531/000107553125000010/
- FY2023 (ended 2023-12-31): 21365000000.0 · https://www.sec.gov/Archives/edgar/data/1075531/000107553126000009/
- FY2024 (ended 2024-12-31): 23739000000.0 · https://www.sec.gov/Archives/edgar/data/1075531/000107553126000009/
- FY2025 (ended 2025-12-31): 26917000000.0 · https://www.sec.gov/Archives/edgar/data/1075531/000107553126000009/

## Net income by fiscal year (SEC XBRL)

- FY2013 (ended 2013-12-31): 1892798000.0 · https://www.sec.gov/Archives/edgar/data/1075531/000107553116000084/
- FY2014 (ended 2014-12-31): 2421753000.0 · https://www.sec.gov/Archives/edgar/data/1075531/000107553116000084/
- FY2015 (ended 2015-12-31): 2551360000.0 · https://www.sec.gov/Archives/edgar/data/1075531/000107553116000084/
- FY2021 (ended 2021-12-31): 1165000000.0 · https://www.sec.gov/Archives/edgar/data/1075531/000130817926000310/
- FY2022 (ended 2022-12-31): 3058000000.0 · https://www.sec.gov/Archives/edgar/data/1075531/000130817926000310/
- FY2023 (ended 2023-12-31): 4289000000.0 · https://www.sec.gov/Archives/edgar/data/1075531/000130817926000310/
- FY2024 (ended 2024-12-31): 5882000000.0 · https://www.sec.gov/Archives/edgar/data/1075531/000130817926000310/
- FY2025 (ended 2025-12-31): 5404000000.0 · https://www.sec.gov/Archives/edgar/data/1075531/000130817926000310/

## EPS diluted by fiscal year (split-adjusted to today's share basis; as filed in brackets)

- FY2013 (ended 2013-12-31): 1.4444 [filed 36.11, split factor 25.0]
- FY2014 (ended 2014-12-31): 1.8268 [filed 45.67, split factor 25.0]
- FY2015 (ended 2015-12-31): 1.978 [filed 49.45, split factor 25.0]
- FY2016 (ended 2016-12-31): 1.706 [filed 42.65, split factor 25.0]
- FY2017 (ended 2017-12-31): 1.8744 [filed 46.86, split factor 25.0]
- FY2018 (ended 2018-12-31): 3.3304 [filed 83.26, split factor 25.0]
- FY2019 (ended 2019-12-31): 4.4728 [filed 111.82, split factor 25.0]
- FY2020 (ended 2020-12-31): 0.0576 [filed 1.44, split factor 25.0]
- FY2021 (ended 2021-12-31): 1.1268 [filed 28.17, split factor 25.0]
- FY2022 (ended 2022-12-31): 3.054 [filed 76.35, split factor 25.0]
- FY2023 (ended 2023-12-31): 4.696 [filed 117.4, split factor 25.0]
- FY2024 (ended 2024-12-31): 6.9076 [filed 172.69, split factor 25.0]
- FY2025 (ended 2025-12-31): 6.6228 [filed 165.57, split factor 25.0]

## Dividend years (Yahoo history)

2024, 2025, 2026

## Insider transactions (SEC Form 4 data set, latest 40)

- 2026-10-15 S Pisano Paulo (officer) 1500 @ 163.06 = 244590 · https://www.sec.gov/Archives/edgar/data/1075531/000187574126000010/#live
- 2026-09-15 S Pisano Paulo (officer) 1500 @ 173.02 = 259530 · https://www.sec.gov/Archives/edgar/data/1075531/000187574126000008/
- 2026-09-01 S MYLOD ROBERT J JR (director) 1000 @ 200.00 = 200000 · https://www.sec.gov/Archives/edgar/data/1075531/000121460726000016/
- 2026-08-31 S Pisano Paulo (officer) 3000 @ 203.48 = 610440 · https://www.sec.gov/Archives/edgar/data/1075531/000187574126000006/
- 2026-08-17 S WITTMAN VANESSA AMES (director) 375 @ 211.00 = 79125 · https://www.sec.gov/Archives/edgar/data/1075531/000122926526000022/
- 2026-08-17 S MILLONES PETER J (officer) 12333 @ 205.76 = 2537638 · https://www.sec.gov/Archives/edgar/data/1075531/000121461226000007/
- 2026-08-17 S MILLONES PETER J (officer) 390 @ 212.88 = 83023 · https://www.sec.gov/Archives/edgar/data/1075531/000121461226000007/
- 2026-08-17 S MILLONES PETER J (officer) 2890 @ 212.32 = 613605 · https://www.sec.gov/Archives/edgar/data/1075531/000121461226000007/
- 2026-08-17 S MILLONES PETER J (officer) 5174 @ 210.00 = 1086540 · https://www.sec.gov/Archives/edgar/data/1075531/000121461226000007/
- 2026-08-17 S MILLONES PETER J (officer) 5019 @ 208.73 = 1047616 · https://www.sec.gov/Archives/edgar/data/1075531/000121461226000007/
- 2026-08-17 S MILLONES PETER J (officer) 8660 @ 208.05 = 1801713 · https://www.sec.gov/Archives/edgar/data/1075531/000121461226000007/
- 2026-08-17 S MILLONES PETER J (officer) 2627 @ 206.58 = 542686 · https://www.sec.gov/Archives/edgar/data/1075531/000121461226000007/
- 2026-08-17 S MILLONES PETER J (officer) 3632 @ 211.03 = 766461 · https://www.sec.gov/Archives/edgar/data/1075531/000121461226000007/
- 2026-08-17 S MILLONES PETER J (officer) 9325 @ 204.91 = 1910786 · https://www.sec.gov/Archives/edgar/data/1075531/000121461226000007/
- 2026-08-12 S Steenbergen Ewout L (CFO) 8461 @ 211.82 = 1792209 · https://www.sec.gov/Archives/edgar/data/1075531/000157491826000006/
- 2026-08-12 S Steenbergen Ewout L (CFO) 860 @ 208.65 = 179439 · https://www.sec.gov/Archives/edgar/data/1075531/000157491826000006/
- 2026-08-12 S Steenbergen Ewout L (CFO) 4890 @ 209.67 = 1025286 · https://www.sec.gov/Archives/edgar/data/1075531/000157491826000006/
- 2026-08-12 S Steenbergen Ewout L (CFO) 3899 @ 210.80 = 821909 · https://www.sec.gov/Archives/edgar/data/1075531/000157491826000006/
- 2026-08-12 S Steenbergen Ewout L (CFO) 1890 @ 212.54 = 401701 · https://www.sec.gov/Archives/edgar/data/1075531/000157491826000006/
- 2026-08-05 S MYLOD ROBERT J JR (director) 1000 @ 206.70 = 206700 · https://www.sec.gov/Archives/edgar/data/1075531/000121460726000014/
- 2026-07-29 S MYLOD ROBERT J JR (director) 5000 @ 200.00 = 1000000 · https://www.sec.gov/Archives/edgar/data/1075531/000121460726000012/
- 2026-07-28 S WITTMAN VANESSA AMES (director) 1125 @ 192.00 = 216000 · https://www.sec.gov/Archives/edgar/data/1075531/000122926526000020/
- 2026-05-26 S MILLONES PETER J (officer) 5250 @ 165.56 = 869190 · https://www.sec.gov/Archives/edgar/data/1075531/000121461226000005/
- 2026-05-26 S MILLONES PETER J (officer) 7470 @ 164.64 = 1229861 · https://www.sec.gov/Archives/edgar/data/1075531/000121461226000005/
- 2026-05-26 S MILLONES PETER J (officer) 29399 @ 163.58 = 4809088 · https://www.sec.gov/Archives/edgar/data/1075531/000121461226000005/
- 2026-05-26 S MILLONES PETER J (officer) 20381 @ 162.96 = 3321288 · https://www.sec.gov/Archives/edgar/data/1075531/000121461226000005/
- 2026-04-17 S WITTMAN VANESSA AMES (director) 1125 @ 192.00 = 216000 · https://www.sec.gov/Archives/edgar/data/1075531/000122926526000009/
- 2026-04-15 S Fogel Glenn D (CEO) 4132 @ 184.35 = 761734 · https://www.sec.gov/Archives/edgar/data/1075531/000151690826000016/
- 2026-04-15 S Fogel Glenn D (CEO) 340 @ 183.00 = 62220 · https://www.sec.gov/Archives/edgar/data/1075531/000151690826000016/
- 2026-04-15 S Fogel Glenn D (CEO) 7496 @ 186.01 = 1394331 · https://www.sec.gov/Archives/edgar/data/1075531/000151690826000016/
- 2026-04-15 S Fogel Glenn D (CEO) 4758 @ 185.36 = 881943 · https://www.sec.gov/Archives/edgar/data/1075531/000151690826000016/

## Links

- sec_filings: https://www.sec.gov/edgar/browse/?CIK=0001075531
- sec_xbrl_companyfacts: https://data.sec.gov/api/xbrl/companyfacts/CIK0001075531.json
- sec_form4: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001075531&type=4
- sec_8k: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001075531&type=8-K
- yahoo: https://finance.yahoo.com/quote/BKNG
- stooq: https://stooq.com/q/d/?s=bkng.us
- morningstar (link only, nothing stored): https://www.morningstar.com/search?query=BKNG
- finviz (link only, nothing stored): https://finviz.com/quote.ashx?t=BKNG
- stockanalysis (link only, nothing stored): https://stockanalysis.com/stocks/bkng/
- seeking_alpha (link only, nothing stored): https://seekingalpha.com/symbol/BKNG
- openinsider (link only, nothing stored): http://openinsider.com/search?q=BKNG
- google_news (link only, nothing stored): https://news.google.com/rss/search?q=BKNG+stock

Cite as: The Claude Trader snapshot 2026-10-26, https://theclaudetrader.com/s/BKNG; data from SEC EDGAR XBRL and market prices (Alpaca Market Data, Yahoo Finance) to 2026-10-23.

Scores are deterministic rule outputs from public filings. fair_value_model is a labelled model estimate from the same filings (method at /fair-value), not an opinion or recommendation.