Booking Cash Flow Statement
NASDAQ: BKNGConsumer DiscretionaryTransportation ServicesUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Booking free cash flow
In fiscal 2025, Booking generated $9.41 billion of operating cash flow and spent $322.0 million on capital expenditures. That left free cash flow of $9.09 billion, a free-cash-flow margin of 33.8% of revenue. Free cash flow was up 15.1% from the prior year's $7.89 billion.
Booking returned $7.69 billion to shareholders: $1.25 billion in dividends and $6.44 billion in share repurchases, equal to 85% of free cash flow. Free cash flow covered dividend payments 7.3 times.
Summary generated from market data by MetaCap's automated system. Methodology
Booking cash flow statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | 5.40B | 5.88B | 4.29B | 3.06B | 1.17B | 59.00M | 4.87B | 4.00B | 2.34B | 2.13B |
| Net Income growth (YoY) | -8.13% | +37.14% | +40.26% | +162.49% | +1874.58% | -98.79% | +21.69% | +70.78% | +9.65% | -16.32% |
| Depreciation & Amortization | 623.00M | 591.00M | 504.00M | 451.00M | 421.00M | 458.00M | 469.00M | 426.00M | 363.00M | 309.00M |
| Stock-Based Compensation | 613.00M | 599.00M | 530.00M | 404.00M | 370.00M | 233.00M | 308.00M | 317.00M | 261.00M | 250.00M |
| Change in Working Capital | -630.00M | -518.00M | -1.18B | -1.45B | -996.00M | 1.05B | -586.00M | -520.00M | -394.00M | -279.00M |
| Operating Cash Flow | 9.41B | 8.32B | 7.34B | 6.55B | 2.82B | 85.00M | 4.87B | 5.34B | 4.66B | 3.98B |
| Capital Expenditures | -322.00M | -429.00M | -345.00M | -368.00M | -304.00M | -286.00M | -368.00M | -442.00M | -288.00M | -220.00M |
| Investing Cash Flow | -313.00M | 129.00M | 1.49B | -518.00M | -998.00M | 2.64B | 7.05B | 2.21B | -4.20B | -3.33B |
| Dividends Paid | -1.25B | -1.17B | 0 | 0 | — | — | — | — | — | — |
| Share Repurchases | -6.44B | -6.51B | -10.38B | -6.62B | -163.00M | -1.30B | -8.19B | -5.97B | -1.83B | -1.01B |
| Debt Issued | 3.68B | 4.84B | 1.89B | 3.62B | 2.02B | 4.11B | 0 | 0 | 2.04B | 995.00M |
| Debt Repaid | -4.97B | -1.31B | -500.00M | -1.88B | -3.07B | -1.24B | 0 | — | — | — |
| Financing Cash Flow | -8.91B | -4.20B | -8.91B | -4.90B | -1.24B | 1.53B | -8.22B | -7.43B | -79.00M | -1.00M |
| Net Change in Cash | 1.08B | 4.06B | -116.00M | 1.10B | 570.00M | 4.25B | 3.69B | 82.00M | 481.00M | 604.00M |
| Free Cash Flow | 9.09B | 7.89B | 7.00B | 6.19B | 2.52B | -201.00M | 4.50B | 4.90B | 4.37B | 3.76B |
This table shows 10 annual periods of Booking's cash flow statement, from FY 2025 back to FY 2016, across 14 line items including net income, depreciation & amortization, stock-based compensation. Values in USD; B = billions, M = millions. Fiscal periods follow BKNG's reporting calendar. What is a cash flow statement?