Booking Holdings Inc.'s Stock Analysis

Booking Holdings Issues €1.5 Billion in Senior Notes

Booking Holdings Inc. has issued €1.5 billion in Senior Notes, consisting of €750 million of 3.000% Senior Notes due 2030 and €750 million of 3.625% Senior Notes due 2035. The interest on the 2030 Notes is payable annually at 3.000%, starting November 7, 2026, while the 2035 Notes will pay 3.625% interest from the same date. The company has the option to redeem these notes under certain conditions prior to their maturity dates.

The Senior Notes rank equally with other senior unsecured obligations of the company and are subject to customary events of default, including non-payment and bankruptcy events. The company appointed U.S. Bank Europe DAC as the paying agent and U.S. Bank Trust Company as the transfer agent for the Senior Notes. The offering was conducted under a registered public offering agreement with several underwriters, including Citigroup and Goldman Sachs.

Nov 07, 2025 16:30:55

Booking Holdings Reports Q3 2025 Financial Results and Updates

Booking Holdings Inc. reported financial results for the third quarter of 2025, highlighting an 8% increase in room nights and a 14% growth in gross bookings compared to the same period in 2024. Revenue also grew by 13%, with a GAAP net income of $2.7 billion, reflecting a 9% year-over-year increase. The company has raised its annual run-rate savings expectation from $400 to $550 million due to the success of its Transformation Program. Additionally, the Board declared a cash dividend of $9.60 per share, payable on December 31, 2025.

The company’s total assets increased to $28.75 billion, while total liabilities rose to $33.49 billion, resulting in a stockholders' deficit of $4.74 billion. Notably, Booking Holdings repurchased $0.7 billion of its stock during the quarter, with a remaining stock repurchase authorization of $23.9 billion. The company recorded an impairment charge of $457 million related to KAYAK’s goodwill and intangible assets, primarily due to reduced forecasted cash flows. Overall, the financial results indicate growth in key operational metrics, despite challenges in specific segments of the business.

Oct 28, 2025 16:02:19

Booking Holdings Amends By-Laws and Board Meeting Procedures

On October 16, 2025, Booking Holdings Inc.'s Board of Directors approved amendments to the company's By-Laws, which are effective immediately. Key changes include adjusting the threshold for calling a special meeting of the Board to a majority requirement and revising the advance notice provision, along with other non-substantive modifications.

The Amended and Restated By-Laws are detailed in Exhibit 3.1, which is incorporated by reference. The filing was signed on behalf of the company on October 17, 2025, in compliance with the Securities Exchange Act of 1934.

Oct 17, 2025 16:06:00

Booking Holdings Announces Retirement of Chief Accounting Officer

Booking Holdings Inc. announced that Susana D’Emic, the Chief Accounting Officer and Controller, plans to retire at the end of March 2027. She will transition to the role of Senior Vice President of Finance prior to her retirement, with the hiring of her successor expected in 2026.

This leadership change may impact the company's financial reporting and oversight as it prepares for the transition. Investors may want to monitor the succession process and any potential implications for the company's financial strategy.

Sep 19, 2025 16:02:33

Booking Holdings Reports Q2 2025 Financial Results and Dividend

Booking Holdings Inc. reported its financial results for the second quarter of 2025, highlighting an 8% increase in room nights, a 13% rise in gross bookings, and a 16% growth in revenue compared to the same quarter in 2024. The company achieved a GAAP net income of $895 million, down 41% year-over-year, while adjusted EPS increased by 32% to $55.40. The company also noted significant growth in connected trip transactions and a 44% increase in flight ticket bookings.

The Board of Directors declared a cash dividend of $9.60 per share, payable on September 30, 2025. Additionally, Booking Holdings repurchased $1.3 billion of its stock during the quarter, with a remaining authorization of $24.6 billion for future buybacks. The company's total assets as of June 30, 2025, were reported at $30.68 billion, with total liabilities of $37.34 billion, indicating a stockholders' deficit of $6.66 billion.

Jul 29, 2025 16:02:23

Booking Holdings Inc. Issues €1.75 Billion in Senior Notes

On May 9, 2025, Booking Holdings Inc. executed three Officers’ Certificates related to the sale of €1.75 billion in Senior Notes, which includes €500 million in 3.125% notes due 2031, €750 million in 4.125% notes due 2038, and €500 million in 4.500% notes due 2046. The Company will pay interest annually starting May 9, 2026, and the notes are general senior unsecured obligations, ranking equally with other senior unsecured obligations of the Company. The Company has appointed U.S. Bank Europe DAC as the paying agent and U.S. Bank Trust Company as the transfer agent for these notes.

The Company has provisions allowing for the redemption of the notes before their maturity dates under certain conditions, including changes in U.S. taxation. The Indenture governing the Senior Notes includes customary events of default, which could lead to the acceleration of amounts due under the notes if triggered. The offering was conducted under the Company's Registration Statement and was underwritten by several financial institutions.

May 09, 2025 16:30:33

Booking Holdings Reports Q1 2025 Financial Results and Dividends

Booking Holdings Inc. announced its financial results for the first quarter of 2025, showing a 7% increase in room nights and gross bookings compared to the same period in 2024. Revenue grew by 8%, reaching $4.8 billion. However, GAAP net income decreased by 57% to $0.3 billion, and GAAP earnings per share fell by 55% to $10.07. Adjusted earnings per share rose by 22% to $24.81, and adjusted EBITDA increased by 21% to $1.1 billion.

The Board of Directors declared a cash dividend of $9.60 per share, payable on June 30, 2025, to shareholders of record as of June 6, 2025. In addition, the company repurchased $1.8 billion of its stock during the quarter, with a remaining stock repurchase authorization of $25.9 billion. The release also noted a resolution regarding the Netherlands pension fund matter, which impacted accruals and was excluded from adjusted net income and adjusted EBITDA for the quarter.

Apr 29, 2025 16:04:30

Booking Holdings Reports Mixed Financial Metrics for Q4 2024

Booking Holdings reported a 13% increase in room nights and a 17% growth in gross bookings for the fourth quarter of 2024 compared to the same period in 2023. Revenue also rose by 14%, with significant improvements in net income, which surged by 383%, leading to a 409% increase in GAAP earnings per share. The company declared a cash dividend of $9.60 per share, reflecting a 10% increase from the previous year, and announced a new stock repurchase program of up to $20 billion.

On the downside, the company experienced a notable decline in net cash provided by operating activities, dropping by 46% in the fourth quarter, and free cash flow decreased by 49%. Additionally, Booking Holdings recorded a loss of $796 million related to the conversion option on convertible senior notes, which negatively impacted its financial results. Despite these challenges, the company maintained a disciplined approach to managing expenses, with a 10% reduction in total operating expenses.

Feb 20, 2025 16:02:55

Booking Holdings Inc. Announces Executive Compensation Details

David I. Goulden will serve as Executive Vice President of Finance at Booking Holdings Inc. from January 1, 2025, to March 31, 2025, with a base salary of $315,000 while working part-time for at least 25 hours per week. His employment agreement remains in effect, allowing for flexible work arrangements and continued responsibilities as outlined in previous agreements.

However, Goulden will not be eligible for any cash bonuses after December 31, 2024, and any unvested equity awards will be forfeited upon his voluntary termination at the end of the Additional Period. The agreement clarifies that no equity awards will vest after this period, although a portion of his Performance Share Unit award from 2023 may still vest if performance criteria are met.

Dec 18, 2024 16:25:32

Booking Holdings Issues €1.8 Billion in Senior Notes

Booking Holdings Inc. has successfully executed three Officers’ Certificates related to the sale of €1.8 billion in Senior Notes, which include 3.250% notes due in 2032, 3.750% notes due in 2037, and 3.875% notes due in 2045. The company will pay interest on these notes starting in 2025, with structured redemption options available prior to their maturity dates, reflecting a well-planned financial strategy for managing its obligations. The notes rank equally with the company's other senior unsecured obligations.

However, the Indenture for these Senior Notes includes customary events of default, which could lead to acceleration of payments in case of bankruptcy or failure to meet payment obligations. This introduces a level of risk for investors, as certain events could trigger immediate repayment demands. The complexity of the redemption terms and the potential for default underscore the need for careful monitoring of the company's financial health.

Nov 21, 2024 16:08:53