Edwyn
| Metric | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Revenue | $6,796 | $10,958 | $17,090 | $21,365 | $23,739 |
| Gross Profit | N/A | N/A | N/A | N/A | N/A |
| Operating Income | -$631 | $2,496 | $5,102 | $5,835 | $7,555 |
| Net Income | N/A | N/A | N/A | N/A | N/A |
Over the past five years, Booking Holdings Inc. has experienced robust revenue growth, beginning from USD 6.8 billion in 2020 and rising to approximately USD 23.7 billion in 2024. The most dramatic increase occurred between 2020 and 2021, when revenue jumped roughly 61%, which coincided with a significant turnaround in operating income—from a loss of USD 631 million in 2020 to a positive USD 2.5 billion in 2021. Subsequent years saw continued growth, with revenue surging by approximately 56% in 2022 compared to 2021, albeit at a decelerating pace thereafter, reaching an 11% increase by 2024. These changes suggest that the company not only recovered from the initial adverse conditions seen in 2020 (potentially linked to the pandemic’s impact on travel) but also capitalized on market recovery and increased digital penetration in travel bookings. Operating income followed a similar positive trajectory, registering significant jumps that indicate improved operational efficiency and scaling benefits. The more than 100% increase in operating income from 2021 to 2022, followed by steady gains in 2023 and 2024, reveals that the company has been effective in converting revenue growth into profitable operations. Although the gross profit and net income metrics are recorded as zero—likely due to reporting peculiarities or data omissions—the strong upward trend in revenue and operating income, combined with the company’s leadership in the online travel industry, underpins an overall assessment of sound financial health and sustainability. These metrics signal Booking Holdings Inc.'s ability to adapt to evolving market dynamics, ensuring long-term competitive advantage and operational resilience.
This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.