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 with a notable recovery from the challenges of 2020. Revenue increased from USD 6,796 million in 2020 to USD 23,739 million in 2024. The steepest growth was observed in the immediate post-pandemic period, with a roughly 61% increase from 2020 to 2021 and an additional 56% leap into 2022. However, growth moderated in the later years, reaching approximately 25% from 2022 to 2023 and 11% from 2023 to 2024. While gross profit data was consistently reported as zero—leaving a gap in margin analysis—the consistently rising revenue figures point to a solid top-line recovery and expansion within the travel booking industry, which has rebounded as global travel restrictions eased. A closer look at operating income reveals an even more compelling turnaround in operational efficiency. In 2020, the company recorded an operating loss of USD 631 million, but by 2021, it had rebounded to a positive USD 2,496 million—a dramatic swing likely reflecting rapid adjustments to evolving market conditions and cost management initiatives amid the recovery. This positive trend continued, with operating income more than doubling to USD 5,102 million in 2022 and sustaining steady gains to USD 5,835 million in 2023 and further to USD 7,555 million in 2024. Although net income details were not provided, the strong and growing operating income suggests that Booking Holdings’ core business operations have become increasingly profitable. Overall, the company appears to be on a sustainable trajectory, demonstrating resilience and operational improvement in a rapidly recovering and competitive industry.
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.