Booking Holdings Inc. (BKNG) vs PDD Holdings Inc. (PDD)

BKNG and PDD are evenly matched — 6 metrics each of 12.

A side-by-side comparison of Booking Holdings Inc. and PDD Holdings Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 26, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Compare

Total return — BKNG vs PDD

growth of $100 · last 8y
BKNG +114.3%PDD +174.5%PDD compounded faster
200400600800Start $1002020202220242026$214$275
BKNG PDD

BKNG vs PDD: by the numbers

  • BKNG is the larger company ($137.19B vs $104.33B market cap).
  • PDD trades at the lower earnings multiple (7.93 vs 23.35 P/E).
  • BKNG converts more revenue to profit (22.23% vs 21.53% net margin).
  • PDD grew revenue faster over the past five years (40.98% vs 37.43% CAGR).
  • BKNG pays a dividend (0.91% yield) while PDD does not currently pay one.

Which is better, BKNG or PDD?

Metric tally: BKNG 6 · PDD 6

It depends on what you're optimizing for:

ValuePDD(lower P/E)
GrowthPDD(faster 5Y revenue CAGR)
QualityBKNG(higher ROIC)

Metrics side by side

Valuation

MetricBKNGPDD
P/E ratio23.357.93
Forward P/E14.36
P/S ratio5.081.73
P/B ratio1.77
PEG ratio0.15
EV / EBITDA15.084.11
FCF yield6.43%13.77%

Profitability

MetricBKNGPDD
Gross margin100.00%55.98%
Operating margin34.28%22.17%
Net margin22.23%21.53%
ROE-96.88%22.09%
ROIC50.82%18.11%

Dividends

MetricBKNGPDD
Dividend yield0.91%
Payout ratio24.14%

Growth (annualized)

MetricBKNGPDD
Revenue CAGR (5Y)37.43%40.98%
EPS CAGR (5Y)158.62%
FCF CAGR (5Y)39.83%28.98%
Total return CAGR (5Y)14.65%-10.50%

Frequently asked

Which is better, BKNG or PDD?
It depends on your goal. value: PDD (lower P/E); growth: PDD (faster 5Y revenue CAGR); quality: BKNG (higher ROIC). Across all compared metrics, they are evenly matched.
Is BKNG or PDD cheaper?
On trailing earnings, PDD is cheaper: BKNG trades at a 23.35 P/E and PDD at 7.93.
Which has grown faster, BKNG or PDD?
Over the past five years, PDD grew revenue faster — BKNG at a 37.43% CAGR versus PDD at 40.98%.
Does BKNG or PDD pay a bigger dividend?
BKNG pays a dividend (0.91% yield) while PDD does not currently pay one.
Is BKNG or PDD more profitable?
BKNG runs the higher net margin — BKNG at 22.23% versus PDD at 21.53%.
Which has been the better investment, BKNG or PDD?
Over the past 5-year, BKNG delivered the higher annualized total return — BKNG at 13.88% versus PDD at -10.50%. 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 June 26, 2026.