Booking Holdings Inc. (BKNG) vs Expedia Group, Inc. (EXPE)

A side-by-side comparison of Booking Holdings Inc. and Expedia Group, 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.

Compare

Total returnBKNG vs EXPE

growth of $100 · dividends reinvested · last 10y
BKNG +208.2% (+11.9%/yr)EXPE +161.6% (+10.1%/yr)BKNG compounded faster over this window
100200300400Start $10020182020202220242026$308$262
BKNG EXPE

BKNG vs EXPE: by the numbers

  • BKNG is the larger company ($134.77B vs $32.15B market cap).
  • EXPE trades at the lower trailing earnings multiple (17.51 vs 19.29 P/E), one valuation lens rather than an overall verdict.
  • BKNG converts more revenue to profit (25.53% vs 12.97% net margin).
  • BKNG grew revenue faster over the past five years (31.52% vs 22.12% CAGR).
  • BKNG pays the higher dividend yield (0.92% vs 0.64%).

Metrics side by side

Valuation

MetricBKNGEXPE
P/E ratio19.2917.51
Forward P/E16.6413.45
P/S ratio4.772.05
P/B ratioN/A26.60
EV / EBITDA13.308.09
FCF yield7.08%13.22%

Profitability

MetricBKNGEXPE
Gross margin100.00%90.43%
Operating margin34.49%18.79%
Net margin25.53%12.97%
ROEN/A168.40%
ROIC71.23%25.89%

Dividends

MetricBKNGEXPE
Dividend yield0.92%0.64%
Payout ratio17.83%10.97%

Growth (annualized)

MetricBKNGEXPE
Revenue CAGR (5Y)31.52%22.12%
EPS CAGR (5Y)158.62%17.91%
FCF CAGR (5Y)56.15%12.29%
Total return CAGR (5Y)14.07%14.06%

Frequently asked

Which has the lower trailing P/E, BKNG or EXPE?
EXPE has the lower trailing P/E: BKNG trades at 19.29 and EXPE at 17.51. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, BKNG or EXPE?
Over the past five years, BKNG grew revenue faster — BKNG at a 31.52% CAGR versus EXPE at 22.12%.
Does BKNG or EXPE pay a bigger dividend?
BKNG yields 0.92% and EXPE yields 0.64% based on trailing dividends and the latest price.
Is BKNG or EXPE more profitable?
BKNG runs the higher net margin — BKNG at 25.53% versus EXPE at 12.97%.
How have BKNG and EXPE total returns compared?
Over the past 10 years, BKNG delivered 12.15% and EXPE delivered 10.11% annualized total return. Past performance doesn't predict future results.

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.