Analysis of Geographic Areas
Booking Holdings Inc. operates in 3 regions: United States; The Netherlands; and Other.
Area Asset Turnover
Booking Holdings Inc., asset turnover by geographic area
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| United States | 18.32 | 15.42 | 8.19 | 4.21 | 7.12 |
| The Netherlands | 35.74 | 30.18 | 17.15 | 10.55 | 24.14 |
| Other | 4.62 | 4.31 | 2.58 | 2.06 | 3.97 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | United States | United States area asset turnover ratio improved from 2021 to 2022 and from 2022 to 2023. |
| The Netherlands | The Netherlands area asset turnover ratio improved from 2021 to 2022 and from 2022 to 2023. | |
| Other | Other area asset turnover ratio improved from 2021 to 2022 and from 2022 to 2023. |
Area Asset Turnover: United States
Booking Holdings Inc.; United States; area asset turnover calculation
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Revenues | 2,327) | 2,205) | 1,434) | 783) | 1,537) |
| Property and equipment (excluding capitalized software) and operating lease assets | 127) | 143) | 175) | 186) | 216) |
| Area Activity Ratio | |||||
| Area asset turnover1 | 18.32 | 15.42 | 8.19 | 4.21 | 7.12 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).
1 2023 Calculation
Area asset turnover = Revenues ÷ Property and equipment (excluding capitalized software) and operating lease assets
= 2,327 ÷ 127 = 18.32
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | United States | United States area asset turnover ratio improved from 2021 to 2022 and from 2022 to 2023. |
Area Asset Turnover: The Netherlands
Booking Holdings Inc.; The Netherlands; area asset turnover calculation
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Revenues | 17,014) | 13,428) | 8,678) | 5,264) | 11,686) |
| Property and equipment (excluding capitalized software) and operating lease assets | 476) | 445) | 506) | 499) | 484) |
| Area Activity Ratio | |||||
| Area asset turnover1 | 35.74 | 30.18 | 17.15 | 10.55 | 24.14 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).
1 2023 Calculation
Area asset turnover = Revenues ÷ Property and equipment (excluding capitalized software) and operating lease assets
= 17,014 ÷ 476 = 35.74
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | The Netherlands | The Netherlands area asset turnover ratio improved from 2021 to 2022 and from 2022 to 2023. |
Area Asset Turnover: Other
Booking Holdings Inc.; Other; area asset turnover calculation
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Revenues | 2,024) | 1,457) | 846) | 749) | 1,843) |
| Property and equipment (excluding capitalized software) and operating lease assets | 438) | 338) | 328) | 363) | 464) |
| Area Activity Ratio | |||||
| Area asset turnover1 | 4.62 | 4.31 | 2.58 | 2.06 | 3.97 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).
1 2023 Calculation
Area asset turnover = Revenues ÷ Property and equipment (excluding capitalized software) and operating lease assets
= 2,024 ÷ 438 = 4.62
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | Other | Other area asset turnover ratio improved from 2021 to 2022 and from 2022 to 2023. |
Revenues
Booking Holdings Inc., revenues by geographic area
US$ in millions
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| United States | 2,327) | 2,205) | 1,434) | 783) | 1,537) |
| The Netherlands | 17,014) | 13,428) | 8,678) | 5,264) | 11,686) |
| Other | 2,024) | 1,457) | 846) | 749) | 1,843) |
| Outside of the U.S. | 19,038) | 14,885) | 9,524) | 6,013) | 13,529) |
| Total Company | 21,365) | 17,090) | 10,958) | 6,796) | 15,066) |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).
Property and equipment (excluding capitalized software) and operating lease assets
Booking Holdings Inc., property and equipment (excluding capitalized software) and operating lease assets by geographic area
US$ in millions
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| United States | 127) | 143) | 175) | 186) | 216) |
| The Netherlands | 476) | 445) | 506) | 499) | 484) |
| Other | 438) | 338) | 328) | 363) | 464) |
| Outside of the U.S. | 914) | 783) | 834) | 862) | 948) |
| Total Company | 1,041) | 926) | 1,009) | 1,048) | 1,164) |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).