Arm Holdings plc American Depositary Shares (ARM) vs Booking Holdings Inc. (BKNG)
A side-by-side comparison of Arm Holdings plc American Depositary Shares and Booking Holdings Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 10, 2026. Differences are shown without an overall score or investment verdict.
Different business models: ARM is classified in Technology; BKNG is classified in Consumer Cyclical. Margin, capital intensity, and valuation differences should be interpreted in that sector context.
ARM
Arm Holdings plc American Depositary Shares
$264.79TechnologyDelayed quote: Sep 11, 2026, 4:00 PM EDT
BKNG
Booking Holdings Inc.
$173.92Consumer CyclicalDelayed quote: Sep 11, 2026, 4:00 PM EDT
Total return — ARM vs BKNG
growth of $100 · dividends reinvested · last 3yARM +318.4% (+61.1%/yr)BKNG +40.2% (+11.9%/yr)ARM compounded faster over this window
ARM BKNG
ARM vs BKNG: by the numbers
- •ARM is the larger company ($282.80B vs $134.77B market cap).
- •BKNG trades at the lower trailing earnings multiple (19.29 vs 272.98 P/E), one valuation lens rather than an overall verdict.
- •BKNG converts more revenue to profit (25.53% vs 20.25% net margin).
- •BKNG grew revenue faster over the past five years (31.52% vs 19.41% CAGR).
- •BKNG pays a dividend (0.92% yield), while ARM has no payments in the available dividend history.
Metrics side by side
Valuation
| Metric | ARM | BKNG |
|---|---|---|
| P/E ratio | 272.98 | 19.29 |
| Forward P/E | 118.75 | 16.64 |
| P/S ratio | 54.85 | 4.77 |
| P/B ratio | 32.77 | N/A |
| EV / EBITDA | 242.41 | 13.30 |
| FCF yield | 0.52% | 7.08% |
Profitability
| Metric | ARM | BKNG |
|---|---|---|
| Gross margin | 95.35% | 100.00% |
| Operating margin | 17.30% | 34.49% |
| Net margin | 20.25% | 25.53% |
| ROE | 12.10% | N/A |
| ROIC | 7.33% | 71.23% |
Dividends
| Metric | ARM | BKNG |
|---|---|---|
| Dividend yield | N/A | 0.92% |
| Payout ratio | N/A | 17.83% |
Growth (annualized)
| Metric | ARM | BKNG |
|---|---|---|
| Revenue CAGR (5Y) | 19.41% | 31.52% |
| EPS CAGR (5Y) | 17.47% | 158.62% |
| FCF CAGR (5Y) | -1.73% | 56.15% |
| Total return CAGR (5Y) | N/A | 14.07% |
Frequently asked
- Which has the lower trailing P/E, ARM or BKNG?
- BKNG has the lower trailing P/E: ARM trades at 272.98 and BKNG at 19.29. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, ARM or BKNG?
- Over the past five years, BKNG grew revenue faster — ARM at a 19.41% CAGR versus BKNG at 31.52%.
- Does ARM or BKNG pay a bigger dividend?
- BKNG pays a dividend (0.92% yield), while ARM has no payments in the available dividend history.
- Is ARM or BKNG more profitable?
- BKNG runs the higher net margin — ARM at 20.25% versus BKNG at 25.53%.
Go deeper
Dig into the metrics
Arm Holdings plc American Depositary Shares P/E ratioBooking P/E ratioBooking dividend yieldArm Holdings plc American Depositary Shares ROEBooking ROEArm Holdings plc American Depositary Shares operating marginBooking operating marginArm Holdings plc American Depositary Shares revenue growthBooking revenue growthArm Holdings plc American Depositary Shares free cash flowBooking free cash flow
Arm Holdings plc American Depositary Shares & Booking appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified September 10, 2026.