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).
BKNG
Booking Holdings Inc.
$177.05Consumer Cyclical
PDD
PDD Holdings Inc.
$73.30Consumer Cyclical
Total return — BKNG vs PDD
growth of $100 · last 8yBKNG +114.3%PDD +174.5%PDD compounded faster
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 6It depends on what you're optimizing for:
ValuePDD(lower P/E)
GrowthPDD(faster 5Y revenue CAGR)
QualityBKNG(higher ROIC)
Metrics side by side
Valuation
| Metric | BKNG | PDD |
|---|---|---|
| P/E ratio | 23.35 | 7.93● |
| Forward P/E | 14.36 | — |
| P/S ratio | 5.08 | 1.73● |
| P/B ratio | — | 1.77 |
| PEG ratio | 0.15 | — |
| EV / EBITDA | 15.08 | 4.11● |
| FCF yield | 6.43% | 13.77%● |
Profitability
| Metric | BKNG | PDD |
|---|---|---|
| Gross margin | 100.00%● | 55.98% |
| Operating margin | 34.28%● | 22.17% |
| Net margin | 22.23%● | 21.53% |
| ROE | -96.88% | 22.09%● |
| ROIC | 50.82%● | 18.11% |
Dividends
| Metric | BKNG | PDD |
|---|---|---|
| Dividend yield | 0.91% | — |
| Payout ratio | 24.14% | — |
Growth (annualized)
| Metric | BKNG | PDD |
|---|---|---|
| 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.
Go deeper
Dig into the metrics
Booking P/E ratioPDD P/E ratioBooking dividend yieldPDD dividend yieldBooking ROEPDD ROEBooking operating marginPDD operating marginBooking revenue growthPDD revenue growthBooking free cash flowPDD free cash flow
Booking & PDD 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 June 26, 2026.