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.
BKNG
Booking Holdings Inc.
$173.92Consumer CyclicalDelayed quote: Sep 11, 2026, 4:00 PM EDT
EXPE
Expedia Group, Inc.
$280.83Consumer CyclicalDelayed quote: Sep 11, 2026, 4:00 PM EDT
Total return — BKNG vs EXPE
growth of $100 · dividends reinvested · last 10yBKNG +208.2% (+11.9%/yr)EXPE +161.6% (+10.1%/yr)BKNG compounded faster over this window
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
| Metric | BKNG | EXPE |
|---|---|---|
| P/E ratio | 19.29 | 17.51 |
| Forward P/E | 16.64 | 13.45 |
| P/S ratio | 4.77 | 2.05 |
| P/B ratio | N/A | 26.60 |
| EV / EBITDA | 13.30 | 8.09 |
| FCF yield | 7.08% | 13.22% |
Profitability
| Metric | BKNG | EXPE |
|---|---|---|
| Gross margin | 100.00% | 90.43% |
| Operating margin | 34.49% | 18.79% |
| Net margin | 25.53% | 12.97% |
| ROE | N/A | 168.40% |
| ROIC | 71.23% | 25.89% |
Dividends
| Metric | BKNG | EXPE |
|---|---|---|
| Dividend yield | 0.92% | 0.64% |
| Payout ratio | 17.83% | 10.97% |
Growth (annualized)
| Metric | BKNG | EXPE |
|---|---|---|
| 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.
Go deeper
Dig into the metrics
Booking P/E ratioExpedia P/E ratioBooking dividend yieldExpedia dividend yieldBooking ROEExpedia ROEBooking operating marginExpedia operating marginBooking revenue growthExpedia revenue growthBooking free cash flowExpedia free cash flow
Booking & Expedia 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.