Booking Holdings Inc. (BKNG) vs Texas Pacific Land Corporation (TPL)
A side-by-side comparison of Booking Holdings Inc. and Texas Pacific Land Corporation 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: BKNG is classified in Consumer Cyclical; TPL is classified in Energy. Margin, capital intensity, and valuation differences should be interpreted in that sector context.
BKNG
Booking Holdings Inc.
$173.92Consumer CyclicalDelayed quote: Sep 11, 2026, 4:00 PM EDT
TPL
Texas Pacific Land Corporation
$369.10EnergyDelayed quote: Sep 11, 2026, 4:00 PM EDT
Total return — BKNG vs TPL
growth of $100 · dividends reinvested · last 10yBKNG +215.3% (+12.2%/yr)TPL +1974.0% (+35.4%/yr)TPL compounded faster over this window
Log scale — wide-divergence pair
BKNG TPL
BKNG vs TPL: by the numbers
- •BKNG is the larger company ($134.77B vs $25.46B market cap).
- •BKNG trades at the lower trailing earnings multiple (19.29 vs 47.08 P/E), one valuation lens rather than an overall verdict.
- •TPL converts more revenue to profit (60.32% vs 25.53% net margin).
- •BKNG grew revenue faster over the past five years (31.52% vs 22.25% CAGR).
- •BKNG pays the higher dividend yield (0.92% vs 0.62%).
Metrics side by side
Valuation
| Metric | BKNG | TPL |
|---|---|---|
| P/E ratio | 19.29 | 47.08 |
| Forward P/E | 16.64 | 41.94 |
| P/S ratio | 4.77 | 28.36 |
| P/B ratio | N/A | 15.22 |
| EV / EBITDA | 13.30 | 34.09 |
| FCF yield | 7.08% | 2.07% |
Profitability
| Metric | BKNG | TPL |
|---|---|---|
| Gross margin | 100.00% | 85.46% |
| Operating margin | 34.49% | 74.92% |
| Net margin | 25.53% | 60.32% |
| ROE | N/A | 32.37% |
| ROIC | 71.23% | 30.14% |
Dividends
| Metric | BKNG | TPL |
|---|---|---|
| Dividend yield | 0.92% | 0.62% |
| Payout ratio | 17.83% | 29.76% |
Growth (annualized)
| Metric | BKNG | TPL |
|---|---|---|
| Revenue CAGR (5Y) | 31.52% | 22.25% |
| EPS CAGR (5Y) | 158.62% | 22.57% |
| FCF CAGR (5Y) | 56.15% | 19.60% |
| Total return CAGR (5Y) | 14.07% | 24.32% |
Frequently asked
- Which has the lower trailing P/E, BKNG or TPL?
- BKNG has the lower trailing P/E: BKNG trades at 19.29 and TPL at 47.08. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, BKNG or TPL?
- Over the past five years, BKNG grew revenue faster — BKNG at a 31.52% CAGR versus TPL at 22.25%.
- Does BKNG or TPL pay a bigger dividend?
- BKNG yields 0.92% and TPL yields 0.62% based on trailing dividends and the latest price.
- Is BKNG or TPL more profitable?
- TPL runs the higher net margin — BKNG at 25.53% versus TPL at 60.32%.
- How have BKNG and TPL total returns compared?
- Over the past 10 years, BKNG delivered 12.15% and TPL delivered 36.93% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Booking P/E ratioTexas Pacific L P/E ratioBooking dividend yieldTexas Pacific L dividend yieldBooking ROETexas Pacific L ROEBooking operating marginTexas Pacific L operating marginBooking revenue growthTexas Pacific L revenue growthBooking free cash flowTexas Pacific L free cash flow
Booking & Texas Pacific L 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.